Org.nr 985 955 107 2007 → 2008 Year-over-year analysis

HUNTER GROUP ASA: årsregnskap 2008 vs 2007

Grew 67% on revenue, stronger earnings

approved 2009-03-25; registry 2009-09-22

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for HUNTER GROUP ASA. Revenue 869.3k NOK → 1.45m NOK (+66.9%). Net result -2.49m NOK → -581.9k NOK. Equity 212.13m NOK → 209.77m NOK.

On the constructive side: revenue rose; net result improved; owners injected capital. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for HUNTER GROUP ASA.

Scorecard

Revenue
869.3k NOK 1.45m NOK
+66.9%
Operating result
-9.51m NOK -14.21m NOK
-49.5%
Net result
-2.49m NOK -581.9k NOK
+76.6%
Equity
212.13m NOK 209.77m NOK
-1.1%
Cash
193.85m NOK 131.40m NOK
-32.2%
Total assets
223.33m NOK 222 NOK
-100.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 869.3k NOK to 1.45m NOK (+66.9% YoY). Calculated

  • ↑

    Net result improved

    Net result -2.49m NOK → -581.9k NOK (net margin -286.4% → -40.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 219.53m NOK → 219.67m NOK (+134.9k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -9.51m NOK → -14.21m NOK (op. margin -1093.7% → -979.8%). Calculated

  • ↓

    Equity eroded

    Book equity 212.13m NOK → 209.77m NOK (equity ratio 95.0% → 94489750.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 193.85m NOK → 131.40m NOK (-32.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 8.76m NOK → 14.29m NOK (1007% → 985% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3.75m NOK → 13.36m NOK (+255.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 11.9k NOK → 51.28m NOK. Reported fact