FirmaIQ
Org.nr 985 834 997 2020 → 2021 Year-over-year analysis

A. F. WIGEN AS: årsregnskap 2021 vs 2020

Grew 13% on revenue

approved 2021-12-31; registry 2022-07-18; journal 2022 663022

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A. F. WIGEN AS. Revenue 11.49m NOK → 12.97m NOK (+12.9%). Net result +891.8k NOK → +940.3k NOK. Equity 26.40m NOK → 20.32m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

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

At a glance

Scorecard

Revenue
11.49m NOK 12.97m NOK
+12.9%
Operating result
+47.6k NOK +1.06m NOK
+2125.0%
Net result
+891.8k NOK +940.3k NOK
+5.4%
Equity
26.40m NOK 20.32m NOK
-23.0%
Cash
21.72m NOK 22.71m NOK
+4.6%
Total assets
34.23m NOK 35.19m NOK
+2.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.49m NOK to 12.97m NOK (+12.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +47.6k NOK → +1.06m NOK (op. margin 0.4% → 8.2%). Calculated

  • ↑

    Net result improved

    Net result +891.8k NOK → +940.3k NOK (net margin 7.8% → 7.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 21.72m NOK → 22.71m NOK (+4.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 26.40m NOK → 20.32m NOK (equity ratio 77.1% → 57.8%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 5.56m NOK → 6.59m NOK (+18.4% YoY). Calculated