FirmaIQ
Org.nr 988 409 618 2017 → 2018 Year-over-year analysis

ADVOKAT OLE-PETTER G HOFF AS: årsregnskap 2018 vs 2017

Grew 19% on revenue, stronger earnings

approved 2019-04-23; registry 2019-05-04; journal 2019 332271

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT OLE-PETTER G HOFF AS. Revenue 4.40m NOK → 5.23m NOK (+19.0%). Net result +1.21m NOK → +2.01m NOK. Equity 8.67m NOK → 10.38m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

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

At a glance

Scorecard

Revenue
4.40m NOK 5.23m NOK
+19.0%
Operating result
+1.52m NOK n/m
—
Net result
+1.21m NOK +2.01m NOK
+65.8%
Equity
8.67m NOK 10.38m NOK
+19.8%
Cash
6.72m NOK 8.14m NOK
+21.1%
Total assets
9.90m NOK 11.60m NOK
+17.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.40m NOK to 5.23m NOK (+19.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.21m NOK → +2.01m NOK (net margin 27.6% → 38.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 8.67m NOK → 10.38m NOK (equity ratio 87.6% → 89.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.72m NOK → 8.14m NOK (+21.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.82m NOK → 1.58m NOK (41% → 30% of revenue). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2 369 NOK → 62.7k NOK (+2545.3% YoY). Calculated