Org.nr 985 834 997 2010 → 2011 Year-over-year analysis

A. F. WIGEN AS: årsregnskap 2011 vs 2010

Mixed movements in the accounts

approved 2012-06-30; registry 2012-07-12; journal 2012 527302

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for A. F. WIGEN AS. Revenue 11.31m NOK → 11.46m NOK (+1.4%). Equity 12.06m NOK → 13.65m NOK.

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

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

At a glance

Revenue

11.31m NOK 11.46m NOK

+1.4%

Operating result

+1.85m NOK +2.19m NOK

+18.5%

Net result

+3.38m NOK n/m

—

Equity

12.06m NOK 13.65m NOK

+13.2%

Cash

9.15m NOK 11.71m NOK

+28.0%

Total assets

22.20m NOK 24.75m NOK

+11.5%

↑
Revenue rose

Operating income / revenue moved from 11.31m NOK to 11.46m NOK (+1.4% YoY). Calculated
↑
Operating result improved

Operating result +1.85m NOK → +2.19m NOK (op. margin 16.3% → 19.1%). Calculated
↑
Equity strengthened

Book equity 12.06m NOK → 13.65m NOK (equity ratio 54.3% → 55.1%). Calculated
↑
Cash rose

Bank deposits 9.15m NOK → 11.71m NOK (+28.0% YoY). Calculated

·
Payroll increased

Salary cost 2.33m NOK → 2.54m NOK (21% → 22% of revenue). Calculated
·
COGS fell

COGS / varekostnad 5.34m NOK → 5.25m NOK (-1.8% YoY). Calculated