A. F. WIGEN AS: årsregnskap 2022 vs 2021
Weaker earnings
approved 2023-06-30; registry 2023-07-22; journal 2023 597146
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A. F. WIGEN AS. Revenue 12.97m NOK → 12.84m NOK (-1.0%). Net result +940.3k NOK → +602.8k NOK. Equity 20.32m NOK → 20.92m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for A. F. WIGEN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 20.32m NOK → 20.92m NOK (equity ratio 57.8% → 71.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 12.97m NOK to 12.84m NOK (-1.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.06m NOK → +695.4k NOK (op. margin 8.2% → 5.4%). Calculated
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↓
Net result weakened
Net result +940.3k NOK → +602.8k NOK (net margin 7.3% → 4.7%). Calculated
-
↓
Cash fell
Bank deposits 22.71m NOK → 17.02m NOK (-25.1% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 3.59m NOK → 3.72m NOK (28% → 29% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 6.59m NOK → 6.32m NOK (-4.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 3.71m NOK → 3.87m NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 5 → 6. Reported fact