Org.nr 988 409 618 2012 → 2013 Year-over-year analysis

ADVOKAT OLE-PETTER G HOFF AS: årsregnskap 2013 vs 2012

Grew 25% on revenue

approved 2014-05-01; registry 2014-05-07; journal 2014 383041

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKAT OLE-PETTER G HOFF AS. Revenue 4.28m NOK → 5.35m NOK (+25.0%). Equity 2.62m NOK → 4.37m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

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

Scorecard

Revenue
4.28m NOK 5.35m NOK
+25.0%
Operating result
n/m +2.40m NOK
—
Net result
n/m +1.86m NOK
—
Equity
2.62m NOK 4.37m NOK
+67.2%
Cash
6.21m NOK 4.57m NOK
-26.4%
Total assets
6.96m NOK 5.70m NOK
-18.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.28m NOK to 5.35m NOK (+25.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.62m NOK → 4.37m NOK (equity ratio 37.6% → 76.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 6.21m NOK → 4.57m NOK (-26.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.40m NOK → 1.56m NOK (33% → 29% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 242.3k NOK → 68.9k NOK (-71.6% YoY). Calculated