Org.nr 812 357 042 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET PARMER AS: årsregnskap 2022 vs 2021

Grew 34% on revenue, stronger earnings

approved 2023-05-02; registry 2023-05-04; journal 2023 384786

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET PARMER AS. Revenue 5.72m NOK → 7.66m NOK (+34.1%). Net result -570.9k NOK → -437.4k NOK. Equity 205.9k NOK → 15.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET PARMER AS.

Scorecard

Revenue
5.72m NOK 7.66m NOK
+34.1%
Operating result
-726.6k NOK -435.0k NOK
+40.1%
Net result
-570.9k NOK -437.4k NOK
+23.4%
Equity
205.9k NOK 15.2k NOK
-92.6%
Cash
533.6k NOK 361.3k NOK
-32.3%
Total assets
5.71m NOK 5.65m NOK
-1.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.72m NOK to 7.66m NOK (+34.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -726.6k NOK → -435.0k NOK (op. margin -12.7% → -5.7%). Calculated

  • ↑

    Net result improved

    Net result -570.9k NOK → -437.4k NOK (net margin -10.0% → -5.7%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.47× → 1.23×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 205.9k NOK → 15.2k NOK (equity ratio 3.6% → 0.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 533.6k NOK → 361.3k NOK (-32.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 205.9k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 4 004 NOK → 5.59m NOK (0% → 73% of revenue). Calculated