Org.nr 985 955 107 2013 → 2014 Year-over-year analysis

HUNTER GROUP ASA: årsregnskap 2014 vs 2013

Shrank 100% on revenue, cash halved-plus

approved 2015-03-25; registry 2015-09-09

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for HUNTER GROUP ASA. Revenue 70.3k NOK → 0 NOK (-100.0%). Equity 102.29m NOK → 78.96m NOK.

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for HUNTER GROUP ASA.

Scorecard

Revenue
70.3k NOK 0 NOK
-100.0%
Operating result
-19.53m NOK -21.41m NOK
-9.6%
Net result
-23.81m NOK n/m
—
Equity
102.29m NOK 78.96m NOK
-22.8%
Cash
24.94m NOK 4.35m NOK
-82.6%
Total assets
166.97m NOK 150.65m NOK
-9.8%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 223.35m NOK → 224.05m NOK (+693.9k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 70.3k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -19.53m NOK → -21.41m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 102.29m NOK → 78.96m NOK (equity ratio 61.3% → 52.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 24.94m NOK → 4.35m NOK (-82.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 14.91m NOK → 17.34m NOK. Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (24.94m NOK → 4.35m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation