FirmaIQ
Org.nr 988 409 618 2022 → 2023 Year-over-year analysis

ADVOKAT OLE-PETTER G HOFF AS: årsregnskap 2023 vs 2022

Shrank 7% on revenue

approved 2024-04-30; registry 2024-05-04; journal 2024 392181

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT OLE-PETTER G HOFF AS. Revenue 5.41m NOK → 5.01m NOK (-7.4%). Net result +2.17m NOK → +2.14m NOK. Equity 11.78m NOK → 12.47m NOK.

On the constructive side: equity strengthened; cash rose. 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

Scorecard

Revenue
5.41m NOK 5.01m NOK
-7.4%
Operating result
+2.58m NOK +2.30m NOK
-10.8%
Net result
+2.17m NOK +2.14m NOK
-1.2%
Equity
11.78m NOK 12.47m NOK
+5.9%
Cash
10.89m NOK 13.07m NOK
+20.1%
Total assets
14.12m NOK 16.34m NOK
+15.7%

What improved

  • ↑

    Equity strengthened

    Book equity 11.78m NOK → 12.47m NOK (equity ratio 83.4% → 76.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.89m NOK → 13.07m NOK (+20.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.41m NOK to 5.01m NOK (-7.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.58m NOK → +2.30m NOK (op. margin 47.7% → 46.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 34.9k NOK → 5 714 NOK (-83.6% YoY). Calculated