ADVOKAT OLE-PETTER G HOFF AS: årsregnskap 2019 vs 2018
Grew 8% on revenue
approved 2020-04-30; registry 2020-05-06; journal 2020 331918
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT OLE-PETTER G HOFF AS. Revenue 5.23m NOK → 5.63m NOK (+7.6%). Net result +2.01m NOK → +1.98m NOK. Equity 10.38m NOK → 12.36m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose.
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
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.23m NOK to 5.63m NOK (+7.6% YoY). Calculated
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↑
Equity strengthened
Book equity 10.38m NOK → 12.36m NOK (equity ratio 89.5% → 89.8%). Calculated
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↑
Cash rose
Bank deposits 8.14m NOK → 10.21m NOK (+25.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.58m NOK → 2.11m NOK (30% → 37% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 62.7k NOK → 26.1k NOK (-58.3% YoY). Calculated