Org.nr 988 409 618 2015 → 2016 Year-over-year analysis

ADVOKAT OLE-PETTER G HOFF AS: årsregnskap 2016 vs 2015

Shrank 34% on revenue

approved 2017-04-30; registry 2017-05-20; journal 2017 331967

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKAT OLE-PETTER G HOFF AS. Revenue 6.69m NOK → 4.39m NOK (-34.4%). Equity 6.20m NOK → 7.45m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened.

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

At a glance

Revenue

6.69m NOK 4.39m NOK

-34.4%

Operating result

+3.23m NOK +1.62m NOK

-49.8%

Net result

n/m +1.25m NOK

—

Equity

6.20m NOK 7.45m NOK

+20.1%

Cash

7.10m NOK 7.70m NOK

+8.5%

Total assets

8.15m NOK 8.68m NOK

+6.5%

↑
Equity strengthened

Book equity 6.20m NOK → 7.45m NOK (equity ratio 76.1% → 85.9%). Calculated
↑
Cash rose

Bank deposits 7.10m NOK → 7.70m NOK (+8.5% YoY). Calculated
↑
Payroll decreased

Salary cost 2.06m NOK → 1.83m NOK (31% → 42% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 6.69m NOK to 4.39m NOK (-34.4% YoY). Calculated
↓
Operating result weakened

Operating result +3.23m NOK → +1.62m NOK (op. margin 48.2% → 36.9%). Calculated