Org.nr 985 834 997 2023 → 2024 Year-over-year analysis

A. F. WIGEN AS: årsregnskap 2024 vs 2023

Shrank 10% on revenue, stronger earnings

approved 2025-06-27; registry 2025-07-10; journal 2025 657432

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for A. F. WIGEN AS. Revenue 13.57m NOK → 12.18m NOK (-10.3%). Net result +801.7k NOK → +1.96m NOK. Equity 27.70m NOK → 29.62m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

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

Scorecard

Revenue
13.57m NOK 12.18m NOK
-10.3%
Operating result
+753.2k NOK +1.00m NOK
+32.9%
Net result
+801.7k NOK +1.96m NOK
+144.1%
Equity
27.70m NOK 29.62m NOK
+6.9%
Cash
27.20m NOK 29.72m NOK
+9.3%
Total assets
36.48m NOK 38.88m NOK
+6.6%

What improved

  • ↑

    Operating result improved

    Operating result +753.2k NOK → +1.00m NOK (op. margin 5.5% → 8.2%). Calculated

  • ↑

    Net result improved

    Net result +801.7k NOK → +1.96m NOK (net margin 5.9% → 16.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 27.70m NOK → 29.62m NOK (equity ratio 75.9% → 76.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 27.20m NOK → 29.72m NOK (+9.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 13.57m NOK to 12.18m NOK (-10.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.02m NOK → 3.40m NOK (22% → 28% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 6.90m NOK → 5.84m NOK (-15.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3 874 NOK → 155.1k NOK. Reported fact