FirmaIQ
Org.nr 988 409 618 2013 → 2014 Year-over-year analysis

ADVOKAT OLE-PETTER G HOFF AS: årsregnskap 2014 vs 2013

Grew 17% on revenue, weaker earnings

approved 2015-05-19; registry 2015-06-08; journal 2015 435340

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKAT OLE-PETTER G HOFF AS. Revenue 5.35m NOK → 6.25m NOK (+16.8%). Net result +1.86m NOK → +1.43m NOK. Equity 4.37m NOK → 3.80m NOK.

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

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

At a glance

Scorecard

Revenue
5.35m NOK 6.25m NOK
+16.8%
Operating result
+2.40m NOK +2.11m NOK
-12.3%
Net result
+1.86m NOK +1.43m NOK
-23.1%
Equity
4.37m NOK 3.80m NOK
-13.1%
Cash
4.57m NOK 4.03m NOK
-11.8%
Total assets
5.70m NOK 5.51m NOK
-3.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.35m NOK to 6.25m NOK (+16.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.40m NOK → +2.11m NOK (op. margin 44.9% → 33.7%). Calculated

  • ↓

    Net result weakened

    Net result +1.86m NOK → +1.43m NOK (net margin 34.7% → 22.9%). Calculated

  • ↓

    Equity eroded

    Book equity 4.37m NOK → 3.80m NOK (equity ratio 76.7% → 69.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.57m NOK → 4.03m NOK (-11.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.56m NOK → 2.21m NOK (29% → 35% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 68.9k NOK → 1 280 NOK (-98.1% YoY). Calculated