FirmaIQ
Org.nr 995 277 905 2013 → 2014 Year-over-year analysis

WILH. WILHELMSEN HOLDING ASA: årsregnskap 2014 vs 2013

Grew 72% on revenue, cash halved-plus

approved 2015-04-23; registry 2015-07-08; journal 2015 565609

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for WILH. WILHELMSEN HOLDING ASA. Revenue 50.69m NOK → 87.32m NOK (+72.3%). Net result +868.58m NOK → +736.08m NOK. Equity 4.47bn NOK → 4.93bn NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: net result weakened; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for WILH. WILHELMSEN HOLDING ASA.

At a glance

Scorecard

Revenue
50.69m NOK 87.32m NOK
+72.3%
Net result
+868.58m NOK +736.08m NOK
-15.3%
Equity
4.47bn NOK 4.93bn NOK
+10.3%
Cash
173.58m NOK 291.3k NOK
-99.8%
Total assets
4.87bn NOK 5.33bn NOK
+9.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 50.69m NOK to 87.32m NOK (+72.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.47bn NOK → 4.93bn NOK (equity ratio 91.9% → 92.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 96.95m NOK → 36.30m NOK (191% → 42% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +868.58m NOK → +736.08m NOK (net margin 1713.7% → 843.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 173.58m NOK → 291.3k NOK (-99.8% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (173.58m NOK → 291.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation