HUNTER GROUP ASA: årsregnskap 2019 vs 2018
Shrank 100% on revenue, returned to profit
approved 2020-03-26; registry 2020-07-08; journal 2020 554362
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for HUNTER GROUP ASA. Revenue 1.51m NOK → 356 NOK (-100.0%). Net result -6.51m NOK → +3.11m NOK. Equity 1.02m NOK → 198.9k NOK.
On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell; equity eroded; cogs moved.
Also worth watching: paid-in equity reduced; 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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Operating result improved
Operating result -21.47m NOK → -950.0k NOK (op. margin -1418.0% → -266853.9%). Calculated
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Turned profitable
Net result flipped from a loss of 6.51m NOK to a profit of 3.11m NOK. Calculated
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Cash rose
Bank deposits 302.3k NOK → 2.55m NOK (+744.8% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.37× → 15993.94×. Calculated
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Payroll decreased
Salary cost 465.0k NOK → 719 NOK (31% → 202% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.51m NOK to 356 NOK (-100.0% YoY). Calculated
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↓
Equity eroded
Book equity 1.02m NOK → 198.9k NOK (equity ratio 5.7% → 99.9%). Calculated
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COGS moved
COGS / varekostnad 0 NOK → 3.41m NOK (None YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 1.02m NOK → 198.9k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 498.2k NOK → 196.32m NOK. Reported fact