Org.nr 988 409 618 2007 → 2008 Year-over-year analysis

ADVOKAT OLE-PETTER G HOFF AS: årsregnskap 2008 vs 2007

Grew 102123% on revenue

approved 2009-04-27; registry 2009-09-08

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKAT OLE-PETTER G HOFF AS. Revenue 1 713 NOK → 1.75m NOK (+102123.5%). Net result +570.6k NOK → +658.6k NOK. Equity 938.1k NOK → 596.7k NOK.

On the constructive side: revenue rose; net result improved; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT OLE-PETTER G HOFF AS.

Scorecard

Revenue
1 713 NOK 1.75m NOK
+102123.5%
Operating result
+776.5k NOK n/m
—
Net result
+570.6k NOK +658.6k NOK
+15.4%
Equity
938.1k NOK 596.7k NOK
-36.4%
Total assets
561.3k NOK 2.12m NOK
+277.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 713 NOK to 1.75m NOK (+102123.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +570.6k NOK → +658.6k NOK (net margin 33312.7% → 37.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.83× → 3.98×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 938.1k NOK → 596.7k NOK (equity ratio 167.1% → 28.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 581.1k NOK → 590.0k NOK (33926% → 34% of revenue). Calculated