Org.nr 985 955 107 2009 → 2010 Year-over-year analysis

HUNTER GROUP ASA: årsregnskap 2010 vs 2009

Grew 445% on revenue, weaker earnings, cash halved-plus

approved 2010-03-30; registry 2011-05-03; journal 2011 353880

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for HUNTER GROUP ASA. Revenue 96.5k NOK → 525.3k NOK (+444.6%). Net result -14.17m NOK → -20.91m NOK. Equity 196.28m NOK → 175.28m NOK.

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

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
96.5k NOK 525.3k NOK
+444.6%
Operating result
-20.22m NOK -22.63m NOK
-11.9%
Net result
-14.17m NOK -20.91m NOK
-47.5%
Equity
196.28m NOK 175.28m NOK
-10.7%
Cash
99.36m NOK 40.78m NOK
-59.0%
Total assets
210.32m NOK 195.27m NOK
-7.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 96.5k NOK to 525.3k NOK (+444.6% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 220.35m NOK → 221.69m NOK (+1.34m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -20.22m NOK → -22.63m NOK (op. margin -20965.7% → -4307.3%). Calculated

  • ↓

    Net result weakened

    Net result -14.17m NOK → -20.91m NOK (net margin -14693.8% → -3979.6%). Calculated

  • ↓

    Equity eroded

    Book equity 196.28m NOK → 175.28m NOK (equity ratio 93.3% → 89.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 99.36m NOK → 40.78m NOK (-59.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 19.48m NOK → 22.78m NOK (20197% → 4337% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.64m NOK → 3.17m NOK (+20.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 11.91m NOK → 15 NOK. Reported fact