Org.nr 988 409 618 2023 → 2024 Year-over-year analysis

ADVOKAT OLE-PETTER G HOFF AS: årsregnskap 2024 vs 2023

Grew 36% on revenue, stronger earnings

approved 2025-04-30; registry 2025-05-05; journal 2025 405238

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT OLE-PETTER G HOFF AS. Revenue 5.01m NOK → 6.81m NOK (+36.0%). Net result +2.14m NOK → +3.13m NOK. Equity 12.47m NOK → 15.60m NOK.

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

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

Scorecard

Revenue
5.01m NOK 6.81m NOK
+36.0%
Operating result
+2.30m NOK +3.42m NOK
+48.5%
Net result
+2.14m NOK +3.13m NOK
+46.1%
Equity
12.47m NOK 15.60m NOK
+25.1%
Cash
13.07m NOK 14.58m NOK
+11.5%
Total assets
16.34m NOK 17.55m NOK
+7.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.01m NOK to 6.81m NOK (+36.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.30m NOK → +3.42m NOK (op. margin 46.0% → 50.2%). Calculated

  • ↑

    Net result improved

    Net result +2.14m NOK → +3.13m NOK (net margin 42.7% → 45.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 12.47m NOK → 15.60m NOK (equity ratio 76.3% → 88.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 13.07m NOK → 14.58m NOK (+11.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.03m NOK → 2.41m NOK (41% → 35% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 5 714 NOK → 16.2k NOK (+183.5% YoY). Calculated