Org.nr 985 834 997 2008 → 2009 Year-over-year analysis

A. F. WIGEN AS: årsregnskap 2009 vs 2008

A steady year on the published lines

approved 2010-06-22; registry 2010-06-28; journal 2010 463645

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A. F. WIGEN AS. Revenue 10.74m NOK → 10.48m NOK (-2.3%). Equity 7.36m NOK → 8.67m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. F. WIGEN AS.

At a glance

Revenue

10.74m NOK 10.48m NOK

-2.3%

Operating result

+136.4k NOK n/m

—

Net result

n/m +1.31m NOK

—

Equity

7.36m NOK 8.67m NOK

+17.8%

Cash

6.04m NOK 7.47m NOK

+23.7%

Total assets

17.14m NOK 18.56m NOK

+8.3%

↑
Equity strengthened

Book equity 7.36m NOK → 8.67m NOK (equity ratio 42.9% → 46.7%). Calculated
↑
Cash rose

Bank deposits 6.04m NOK → 7.47m NOK (+23.7% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 10.74m NOK to 10.48m NOK (-2.3% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2.03m NOK → 2.07m NOK (19% → 20% of revenue). Calculated