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Org.nr 988 409 618 2016 → 2017 Year-over-year analysis

ADVOKAT OLE-PETTER G HOFF AS: årsregnskap 2017 vs 2016

A steady year on the published lines

approved 2018-04-30; registry 2018-05-08; journal 2018 319433

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT OLE-PETTER G HOFF AS. Revenue 4.39m NOK → 4.40m NOK (+0.1%). Net result +1.25m NOK → +1.21m NOK. Equity 7.45m NOK → 8.67m NOK.

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

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

At a glance

Scorecard

Revenue
4.39m NOK 4.40m NOK
+0.1%
Operating result
+1.62m NOK +1.52m NOK
-6.0%
Net result
+1.25m NOK +1.21m NOK
-2.8%
Equity
7.45m NOK 8.67m NOK
+16.3%
Cash
7.70m NOK 6.72m NOK
-12.7%
Total assets
8.68m NOK 9.90m NOK
+14.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.39m NOK to 4.40m NOK (+0.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 7.45m NOK → 8.67m NOK (equity ratio 85.9% → 87.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.83m NOK → 1.82m NOK (42% → 41% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.62m NOK → +1.52m NOK (op. margin 36.9% → 34.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.70m NOK → 6.72m NOK (-12.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 17.9k NOK → 2 369 NOK (-86.8% YoY). Calculated