HUNTER GROUP ASA: årsregnskap 2018 vs 2017
Stronger earnings, fresh owner capital
approved 2019-03-28; registry 2019-07-24; journal 2019 775957
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for HUNTER GROUP ASA. Revenue 0 NOK → 1.51m NOK. Net result -96.33m NOK → -6.51m NOK. Equity 421.16m NOK → 1.02m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for HUNTER GROUP ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 1.51m NOK. Calculated
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↑
Operating result improved
Operating result -92.11m NOK → -21.47m NOK. Calculated
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↑
Net result improved
Net result -96.33m NOK → -6.51m NOK. Calculated
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↑
Cash rose
Bank deposits 277.9k NOK → 302.3k NOK (+8.8% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 672.8k NOK → 1.02m NOK (+343.7k NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 421.16m NOK → 1.02m NOK (equity ratio 99512.1% → 5.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad -743.0k NOK → 0 NOK (+100.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 126.5k NOK → 498.2k NOK. Reported fact