WALLENIUS WILHELMSEN ASA: årsregnskap 2016 vs 2015
Shrank 20% on revenue, stronger earnings, cash halved-plus
approved 2017-06-20; registry 2017-07-12; journal 2017 656793
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for WALLENIUS WILHELMSEN ASA. Revenue 5.00m NOK → 4.00m NOK (-20.0%). Net result +19.00m NOK → +557.00m NOK. Equity 484.0k NOK → 313.00m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for WALLENIUS WILHELMSEN ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result +19.00m NOK → +557.00m NOK (net margin 380.0% → 13925.0%). Calculated
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↑
Equity strengthened
Book equity 484.0k NOK → 313.00m NOK (equity ratio 0.0% → 45.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.00m NOK to 4.00m NOK (-20.0% YoY). Calculated
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↓
Cash fell
Bank deposits 57.00m NOK → 15.00m NOK (-73.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 226.99× → 0.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (57.00m NOK → 15.00m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Paid-in equity reduced
Paid-in equity fell 30.00m NOK → 16.00m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 902.00m NOK → 600.00m NOK. Reported fact