Org.nr 812 357 042 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET PARMER AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-04-29; registry 2024-05-02; journal 2024 387507

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET PARMER AS. Revenue 7.66m NOK → 7.72m NOK (+0.8%). Net result -437.4k NOK → -610.6k NOK. Equity 15.2k NOK → -419.8k NOK.

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

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

Scorecard

Revenue
7.66m NOK 7.72m NOK
+0.8%
Operating result
-435.0k NOK -775.1k NOK
-78.2%
Net result
-437.4k NOK -610.6k NOK
-39.6%
Equity
15.2k NOK -419.8k NOK
-2869.3%
Cash
361.3k NOK 342.1k NOK
-5.3%
Total assets
5.65m NOK 5.85m NOK
+3.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.66m NOK to 7.72m NOK (+0.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -435.0k NOK → -775.1k NOK (op. margin -5.7% → -10.0%). Calculated

  • ↓

    Net result weakened

    Net result -437.4k NOK → -610.6k NOK (net margin -5.7% → -7.9%). Calculated

  • ↓

    Equity eroded

    Book equity 15.2k NOK → -419.8k NOK (equity ratio 0.3% → -7.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 361.3k NOK → 342.1k NOK (-5.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -7.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 5.59m NOK → 5.72m NOK (73% → 74% of revenue). Calculated