Tillkännagivande • Apr 17
Erik Frydendal, CEO Leaves Hunter Group ASA, Effective from October 31, 2026 Hunter Group ASA announced that the Board has concluded that a new CEO is needed for the next phase of the Company. Therefore, the Board has decided to end Mr. Erik Frydendal's tenure as CEO. Mr. Frydendal has a 6 month notice period. His last day of employment will be at the latest October 31st 2026. Tillkännagivande • Mar 20
Hunter Group Asa Reaffirms Dividend Hunter Group ASA reiterates its intention to declare a NOK 0.58 per share dividend as soon as the authorisation has been duly registered. Tillkännagivande • Feb 26
Hunter Group ASA Announces Cash Dividend , Payable on or About 16 March 2026 Hunter Group ASA announced cash dividend of NOK 0.40 per share with Dividend classification of Repayment of paid-in capital, Last day including right of 27 February 2026, Ex-date of 2 March 2026, Record date of 3 March 2026, Payment date of 16 March 2026 (On or about) and Date of approval of 25 February 2026. Recent Insider Transactions • Dec 30
Chief Executive Officer recently bought €18k worth of stock On the 23rd of December, Erik A. Frydendal bought around 123k shares on-market at roughly €0.15 per share. This transaction amounted to 7.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Erik A. has been a net seller over the last 12 months, reducing personal holdings by €172k. Tillkännagivande • Nov 27
Hunter Group ASA Declares Cash Dividend, Payable on or About December 15, 2025 Hunter Group ASA declared cash dividend of NOK 0.30 per share. Last day including right: 28 November 2025. Ex-date: 1 December 2025. Record date: 2 December 2025. Payment date: 15 December 2025 (On or about). Tillkännagivande • Sep 04
Hunter Group ASA Announces CFO Changes Hunter Group ASA announced that the Company's Chief Financial Officer (CFO), Lars Brynildsrud, has submitted his resignation in order to pursue new ventures outside the Company. He will remain in his position during the notice period, until 31 March 2026, or earlier subject to mutual agreement. Following his departure, CEO Erik Frydendal will assume the role of CFO in addition to his current responsibilities. Tillkännagivande • Dec 23
Hunter Group ASA, Annual General Meeting, May 08, 2025 Hunter Group ASA, Annual General Meeting, May 08, 2025. Tillkännagivande • Dec 21
Hunter Group ASA to Report Q3, 2025 Results on Nov 27, 2025 Hunter Group ASA announced that they will report Q3, 2025 results on Nov 27, 2025 New Risk • Nov 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 41% per year over the past 5 years. High level of non-cash earnings (382% accrual ratio). Shareholders have been substantially diluted in the past year (369% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€17.8m market cap, or US$18.8m). New Risk • Mar 28
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 21% Last year net profit margin: 258% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Dividend is not well covered by earnings and cash flows. Dividend per share is over 235x earnings per share. Paying a dividend despite having no free cash flows. High level of non-cash earnings (34% accrual ratio). Shareholders have been substantially diluted in the past year (369% increase in shares outstanding). Minor Risks Profit margins are more than 30% lower than last year (21% net profit margin). Revenue is less than US$5m (US$2.0m revenue). Market cap is less than US$100m (€27.6m market cap, or US$29.8m). Tillkännagivande • Mar 05
Hunter Group ASA has completed a Follow-on Equity Offering in the amount of NOK 24.85 million. Hunter Group ASA has completed a Follow-on Equity Offering in the amount of NOK 24.85 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 14,200,000
Price\Range: NOK 1.75
Transaction Features: Rights Offering Recent Insider Transactions • Feb 21
Board Member recently bought €81k worth of stock On the 15th of February, Bertel Steen bought around 458k shares on-market at roughly €0.18 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €81k more in shares than they have sold in the last 12 months. Buy Or Sell Opportunity • Feb 17
Now 30% overvalued after recent price rise Over the last 90 days, the stock has risen 73% to €0.22. The fair value is estimated to be €0.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 78% over the last 3 years. Earnings per share has declined by 26%. Tillkännagivande • Feb 06
Hunter Group ASA has filed a Follow-on Equity Offering in the amount of NOK 9.999999 million. Hunter Group ASA has filed a Follow-on Equity Offering in the amount of NOK 9.999999 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 6,666,666
Price\Range: NOK 1.5
Transaction Features: Rights Offering Tillkännagivande • Feb 05
Hunter Group ASA to Report Fiscal Year 2023 Results on Mar 28, 2024 Hunter Group ASA announced that they will report fiscal year 2023 results on Mar 28, 2024 Tillkännagivande • Jan 12
Hunter Group ASA, Annual General Meeting, Feb 02, 2024 Hunter Group ASA, Annual General Meeting, Feb 02, 2024. Tillkännagivande • Jan 11
Hunter Group ASA has filed a Follow-on Equity Offering in the amount of NOK 24.85 million. Hunter Group ASA has filed a Follow-on Equity Offering in the amount of NOK 24.85 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 14,200,000
Price\Range: NOK 1.75
Transaction Features: Rights Offering Tillkännagivande • Dec 07
Hunter Group ASA has completed a Follow-on Equity Offering in the amount of NOK 21.5 million. Hunter Group ASA has completed a Follow-on Equity Offering in the amount of NOK 21.5 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 14,333,333
Price\Range: NOK 1.5
Transaction Features: Subsequent Direct Listing New Risk • Dec 03
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 52% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (37% average weekly change). Dividend is not well covered by earnings and cash flows. Dividend per share is over 235x earnings per share. Dividend per share is over 21x cash flows per share. High level of non-cash earnings (100% accrual ratio). Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Market cap is less than US$10m (€8.35m market cap, or US$9.08m). Tillkännagivande • Dec 02
Hunter Group ASA has filed a Follow-on Equity Offering. Hunter Group ASA has filed a Follow-on Equity Offering.
Security Name: Shares
Security Type: Common Stock
Transaction Features: Rights Offering Reported Earnings • Nov 24
Third quarter 2023 earnings released: US$0.011 loss per share (vs US$0.22 profit in 3Q 2022) Third quarter 2023 results: US$0.011 loss per share (down from US$0.22 profit in 3Q 2022). Net loss: US$420.0k (down 107% from profit in 3Q 2022). Tillkännagivande • Nov 12
Hunter Group ASA Successfully Completes the First Phase of the Development of Low-Pressure Mid-Stream Shipping Solution Hunter Group ASA announced that it, in close collaboration with DNV and Vedam Design has successfully completed the first phase of the development of a low-pressure mid-stream shipping solution for Carbon Capture, Transportation and Storage, involving 40k cbm deep sea liquefied CO2 carriers (\"LCO2\"), 12k cbm LCO2 feeder vessels and 2k cbm LCO2 barges for riverine/port support. The solution is technically innovative and should lead to significant cost savings compared with existing LCO2 ship designs. As the project is progressing towards commercialization, the company now entering a new phase which will involve adapting the solution to the latest IMO and EU regulations. The company have been contacted by several interested parties, but given the recent headwinds in the CCTS value chain, and the high price of new buildings, firm long-term contracts will be needed before any vessel orders can be placed. The company remain firm believers in CCTS' role in the fight against climate change and will continue to diligently develop and promote CCTS solution to ensure that the company is ready when the market for maritime LCO2 transportation gains traction. Reported Earnings • Aug 25
First half 2023 earnings released First half 2023 results: Net loss: US$2.44m (down 124% from profit in 1H 2022). New Risk • Jun 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Dividend is not well covered by earnings and cash flows. Dividend per share is over 7x earnings per share. Dividend per share is over 9x cash flows per share. Earnings are forecast to decline by an average of 117% per year for the foreseeable future. High level of non-cash earnings (22% accrual ratio). Market cap is less than US$10m (€5.52m market cap, or US$6.01m). Minor Risk Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Reported Earnings • May 26
First quarter 2023 earnings released First quarter 2023 results: Net loss: US$2.34m (loss widened 233% from 1Q 2022). Revenue is expected to decline by 162% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.0%. Tillkännagivande • May 23
Hunter Group ASA to Report Q4, 2023 Results on Feb 29, 2024 Hunter Group ASA announced that they will report Q4, 2023 results on Feb 29, 2024 Reported Earnings • Mar 15
Full year 2022 earnings released: EPS: US$0.08 (vs US$0.007 in FY 2021) Full year 2022 results: EPS: US$0.08 (up from US$0.007 in FY 2021). Revenue: US$18.4m (down 52% from FY 2021). Net income: US$46.1m (up US$42.3m from FY 2021). Revenue is expected to decline by 150% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 3.8%. Tillkännagivande • Feb 17
Hunter Group ASA Not Approves Extraordinary Dividend Hunter Group ASA announced at extraordinary general meeting held on 16 February 2023, an extraordinary dividend of NOK 22,685,967.48, i.e., NOK 0.04 per share, based on the interim balance sheet as of 19 December 2022, is approved. The dividend shall be paid to the shareholders as of 17 February 2023 (last day including), as registered in Euronext Securities Oslo (VPS) as per 21 February 2023 (record date). The dividend will be charged the Company's earned capital. The dividend shall be paid to the shareholders as soon as possible following the record date. The proposal did not obtain the required voting majority. Upcoming Dividend • Feb 13
Upcoming dividend of kr0.04 per share Eligible shareholders must have bought the stock before 20 February 2023. Payment date: 28 February 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 941%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.4%). Tillkännagivande • Feb 12
An unknown buyer acquired a 11.91% stake in Hunter Group ASA from AF Capital AS. An unknown buyer acquired a 11.91% stake in Hunter Group ASA from AF Capital AS on February 10, 2023.An unknown buyer completed the acquisition of a 11.91% stake in Hunter Group ASA from AF Capital AS on February 10, 2023. Recent Insider Transactions • Feb 01
Independent Director recently sold €143k worth of stock On the 30th of January, Arne Fredly sold around 20m shares on-market at roughly €0.0072 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €1.5m more than they sold in the last 12 months. Buying Opportunity • Jan 31
Now 96% undervalued after recent price drop Over the last 90 days, the stock is down 96%. The fair value is estimated to be €0.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Earnings per share has declined by 28%. Revenue is forecast to decline by 100% in a year. Earnings is forecast to decline by 26% in the next year. Reported Earnings • Jan 27
Full year 2022 earnings released: EPS: US$0.08 (vs US$0.007 in FY 2021) Full year 2022 results: EPS: US$0.08 (up from US$0.007 in FY 2021). Revenue: US$73.9m (up 95% from FY 2021). Net income: US$46.1m (up US$42.3m from FY 2021). Profit margin: 62% (up from 10.0% in FY 2021). The increase in margin was primarily driven by higher revenue. Revenue is expected to decline by 150% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 8.1%. Over the last 3 years on average, earnings per share has fallen by 28% per year and the company’s share price has also fallen by 28% per year. Recent Insider Transactions • Dec 21
Independent Director recently bought €1.6m worth of stock On the 20th of December, Arne Fredly bought around 8m shares on-market at roughly €0.21 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Nov 25
Third quarter 2022 earnings released Third quarter 2022 results: EPS: US$0.011. Revenue: US$3.60m (down 51% from 3Q 2021). Net income: US$5.78m (up US$7.50m from 3Q 2021). Revenue is expected to decline by 106% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 26% per year. Board Change • Nov 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Independent Chairman Henrik Christensen was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Nov 02
Hunter Group Asa Announces Cash Dividend, Payable on November 3, 2022 Hunter Group ASA announced that NOK 1.50 per share cash dividend will be distributed on November 3, 2022. Reported Earnings • Aug 28
Second quarter 2022 earnings released: EPS: US$0.02 (vs US$0.005 in 2Q 2021) Second quarter 2022 results: EPS: US$0.02 (up from US$0.005 in 2Q 2021). Revenue: US$5.79m (down 35% from 2Q 2021). Net income: US$10.8m (up 353% from 2Q 2021). Over the next year, revenue is forecast to grow 102%, compared to a 53% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Aug 26
Hunter Group Asa Announces Cash Dividend, Payment on or About 1 November 2022 Hunter Group ASA announced Dividend amount of NOK 1.50 per share. Ex-date of 24 August 2022. Record date of 25 August 2022. Payment date of on or about 1 November 2022. Tillkännagivande • Aug 23
Hunter Group ASA Decides to Distribute Dividend, Payable on 1 September 2022 The board of directors of Hunter Group ASA has decided to distribute a dividend of NOK 1.50 per share (excluding treasury shares). The decision is based on authority granted by the general meeting held on 27 April 2022.Ex-date: 24 August 2022. Record date: 25 August 2022. Payment date: 1 September 2022. Reported Earnings • May 28
First quarter 2022 earnings released First quarter 2022 results: Revenue: US$7.76m (down 38% from 1Q 2021). Net loss: US$702.0k (down 127% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 45%, compared to a 51% growth forecast for the industry in Germany. Board Change • Apr 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Independent Chairman Henrik Christensen was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 25
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$0.01 (down from US$0.11 in FY 2020). Revenue: US$40.4m (down 63% from FY 2020). Net income: US$3.78m (down 94% from FY 2020). Profit margin: 9.3% (down from 58% in FY 2020). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 6.8%. Over the next year, revenue is forecast to grow 14%, compared to a 75% growth forecast for the oil industry in Germany. Reported Earnings • Aug 27
Second quarter 2021 earnings released The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$11.5m (down 61% from 2Q 2020). Net income: US$2.38m (down 87% from 2Q 2020). Profit margin: 21% (down from 64% in 2Q 2020). The decrease in margin was driven by lower revenue. Reported Earnings • May 28
First quarter 2021 earnings released: EPS US$0.005 (vs US$0.02 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$12.5m (down 40% from 1Q 2020). Net income: US$2.59m (down 78% from 1Q 2020). Profit margin: 21% (down from 57% in 1Q 2020). The decrease in margin was primarily driven by lower revenue. Reported Earnings • Mar 28
Full year 2020 earnings released The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: US$108.6m (up US$96.2m from FY 2019). Net income: US$63.1m (up 295% from FY 2019). Profit margin: 58% (down from 129% in FY 2019). Reported Earnings • Feb 27
Full year 2020 earnings released: EPS US$0.11 (vs US$0.032 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: US$111.1m (up US$98.7m from FY 2019). Net income: US$63.1m (up 295% from FY 2019). Profit margin: 57% (down from 129% in FY 2019). The decrease in margin was primarily driven by lower expenses. Analyst Estimate Surprise Post Earnings • Feb 27
Revenue beats expectations Revenue exceeded analyst estimates by 4.1%. Over the next year, revenue is expected to shrink by 64% compared to a 30% growth forecast for the Oil and Gas industry in Germany. Is New 90 Day High Low • Feb 03
New 90-day low: €0.25 The company is down 18% from its price of €0.30 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 62% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.82 per share. Is New 90 Day High Low • Jan 09
New 90-day high: €0.35 The company is up 17% from its price of €0.30 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 37% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.81 per share. Is New 90 Day High Low • Dec 18
New 90-day high: €0.33 The company is up 9.0% from its price of €0.31 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.79 per share. Reported Earnings • Nov 27
Third quarter 2020 earnings released: EPS US$0.04 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$35.8m (up US$35.7m from 3Q 2019). Net income: US$21.7m (up US$23.3m from 3Q 2019). Profit margin: 61% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Is New 90 Day High Low • Oct 29
New 90-day low: €0.27 The company is down 7.0% from its price of €0.30 on 31 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.72 per share.