Org.nr 985 955 107 2010 → 2011 Year-over-year analysis

HUNTER GROUP ASA: årsregnskap 2011 vs 2010

Weaker earnings

approved 2012-03-20; registry 2012-06-11; journal 2012 420855

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for HUNTER GROUP ASA. Revenue 525.3k NOK → 540.4k NOK (+2.9%). Net result -20.91m NOK → -28.22m NOK. Equity 175.28m NOK → 148.97m 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 fell; book investments changed. All figures are taken from the published annual accounts for HUNTER GROUP ASA.

Scorecard

Revenue
525.3k NOK 540.4k NOK
+2.9%
Operating result
-22.63m NOK -29.36m NOK
-29.7%
Net result
-20.91m NOK -28.22m NOK
-35.0%
Equity
175.28m NOK 148.97m NOK
-15.0%
Cash
40.78m NOK 35.43m NOK
-13.1%
Total assets
195.27m NOK 173.85m NOK
-11.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 525.3k NOK to 540.4k NOK (+2.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 221.69m NOK → 223.61m NOK (+1.92m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -22.63m NOK → -29.36m NOK (op. margin -4307.3% → -5432.7%). Calculated

  • ↓

    Net result weakened

    Net result -20.91m NOK → -28.22m NOK (net margin -3979.6% → -5222.1%). Calculated

  • ↓

    Equity eroded

    Book equity 175.28m NOK → 148.97m NOK (equity ratio 89.8% → 85.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 40.78m NOK → 35.43m NOK (-13.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 22.78m NOK → 23.25m NOK (4337% → 4302% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 3.17m NOK → 2.46m NOK (-22.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 15 NOK → 20.19m NOK. Reported fact