FirmaIQ
Org.nr 985 834 997 2009 → 2010 Year-over-year analysis

A. F. WIGEN AS: årsregnskap 2010 vs 2009

Grew 8% on revenue, stronger earnings

approved 2011-06-30; registry 2011-08-01; journal 2011 552488

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A. F. WIGEN AS. Revenue 10.48m NOK → 11.31m NOK (+7.9%). Net result +1.31m NOK → +3.38m NOK. Equity 8.67m NOK → 12.06m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A. F. WIGEN AS.

At a glance

Scorecard

Revenue
10.48m NOK 11.31m NOK
+7.9%
Operating result
n/m +1.85m NOK
—
Net result
+1.31m NOK +3.38m NOK
+157.9%
Equity
8.67m NOK 12.06m NOK
+39.0%
Cash
7.47m NOK 9.15m NOK
+22.5%
Total assets
18.56m NOK 22.20m NOK
+19.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.48m NOK to 11.31m NOK (+7.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.31m NOK → +3.38m NOK (net margin 12.5% → 29.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 8.67m NOK → 12.06m NOK (equity ratio 46.7% → 54.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 7.47m NOK → 9.15m NOK (+22.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.07m NOK → 2.33m NOK (20% → 21% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4.65m NOK → 5.34m NOK (+14.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.55m NOK → 3.71m NOK. Reported fact