ADVOKAT OLE-PETTER G HOFF AS: årsregnskap 2007 vs 2006
Shrank 100% on revenue, stronger earnings
approved 2008-03-31; registry 2008-06-04
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADVOKAT OLE-PETTER G HOFF AS. Revenue 941.7k NOK → 1 713 NOK (-99.8%). Net result +124.5k NOK → +570.6k NOK. Equity 587.5k NOK → 938.1k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +176.1k NOK → +776.5k NOK (op. margin 18.7% → 45328.6%). Calculated
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↑
Net result improved
Net result +124.5k NOK → +570.6k NOK (net margin 13.2% → 33312.7%). Calculated
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↑
Equity strengthened
Book equity 587.5k NOK → 938.1k NOK (equity ratio 68.0% → 167.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 941.7k NOK to 1 713 NOK (-99.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.07× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 464.2k NOK → 581.1k NOK (49% → 33926% of revenue). Calculated