WALLENIUS WILHELMSEN ASA: årsregnskap 2017 vs 2016
Shrank 25% on revenue
approved 2018-04-25; registry 2018-07-30; journal 2018 827734
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for WALLENIUS WILHELMSEN ASA. Revenue 4.00m NOK → 3.00m NOK (-25.0%). Equity 313.00m NOK → 1.32m NOK.
On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: 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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↑
Cash rose
Bank deposits 15.00m NOK → 35.00m NOK (+133.3% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.16× → 580.65×. Calculated
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↑
Payroll decreased
Salary cost 10.00m NOK → 9.00m NOK (250% → 300% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.00m NOK to 3.00m NOK (-25.0% YoY). Calculated
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↓
Equity eroded
Book equity 313.00m NOK → 1.32m NOK (equity ratio 45.6% → 157.5%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 16.00m NOK → 1.11m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 600.00m NOK → 1.68m NOK. Reported fact