|
|
|
MIRA INFORM REPORT
|
Report No. : |
485158 |
|
Report Date : |
09.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
WILH. WILHELMSEN
HOLDING ASA |
|
|
|
|
Formerly Known As : |
OPPSTARTSFASE I
HOLDING ASA |
|
|
|
|
Registered Office : |
Strandveien 20, 1366 Lysaker |
|
|
|
|
Country : |
Norway |
|
|
|
|
Financials (as on) : |
2016 |
|
|
|
|
Date of Incorporation : |
11.03.2010 |
|
|
|
|
Com. Reg. No.: |
995277905 |
|
|
|
|
Legal Form : |
Public limited company |
|
|
|
|
Line of Business : |
Activities of head
offices [We tried to confirm / obtain the detailed activity but the same is
not available from any sources] |
|
|
|
|
No. of Employees : |
45 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
|
Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
|
Norway |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
NORWAY - ECONOMIC OVERVIEW
Norway has a stable economy with a vibrant private sector, a large state sector, and an extensive social safety net. Norway opted out of the EU during a referendum in November 1994; nonetheless, as a member of the European Economic Area, it contributes sizably to the EU budget.
The country is richly endowed with natural resources in addition to oil and gas, including hydropower, fish, forests, and minerals. Norway is a leading producer and the world’s second largest exporter of seafood, after China. The government manages the country’s petroleum resources through extensive regulation. The petroleum sector provides about 9% of jobs, 12% of GDP, 13% of the state’s revenue, and 37% of exports, according to official national estimates. Norway is one of the world's leading petroleum exporters, though oil production in 2016 was close to 50% below its peak in 2000; annual gas production, conversely, more than doubled over the same time period. After a continual decline from 2001 to 2013, oil production rose in 2016 for the third year running, due to the higher production of existing oil fields and to new fields coming on stream.
In anticipation of eventual declines in oil and gas production, Norway saves state revenue from petroleum sector activities in the world's largest sovereign wealth fund, valued at almost $900 billion as of early 2017. To help balance the federal budget each year, the government follows a “fiscal rule,” which states that spending of revenues from petroleum and fund investments shall correspond to the expected real rate of return on the fund, an amount it estimates is sustainable over time. In February 2017, the government revised the expected rate of return for the fund downward from 4% to 3%.
After solid GDP growth in the 2004-07 period, the economy slowed in 2008, and contracted in 2009, before returning to modest, positive growth from 2010 to 2016. Lower oil prices in 2015 and 2016 caused growth to slow, increased unemployment, and weakened the Norwegian krone. The latter trend has mitigated the negative impact of lower oil and gas prices by making Norwegian exports cheaper for foreign buyers. The government has expressed willingness to increase public spending from the sovereign wealth fund to help prevent a recession.
|
Source : CIA |
Company
name
|
Company
Name |
WILH.
WILHELMSEN HOLDING ASA |
|
Company
Status |
Company
summary
|
Company
Name |
WILH.
WILHELMSEN HOLDING ASA |
|
Company
Number |
995277905 |
|
Legal
Form |
Public
limited company |
|
Status |
Active |
|
Address |
Strandveien
20 |
|
City |
1366
LYSAKER |
|
Website
Address |
|
|
Telephone |
67584000 |
|
Share
Capital |
930 076
480 |
|
Previous
Name |
OPPSTARTSFASE
I HOLDING ASA |
|
Name
Change Date |
11/03/2010 |
|
Registration
Date |
11/03/2010 |
|
Register
Type |
Register
of Business Enterprises and VAT Register |
|
E-mail
Address |
- |
|
Fax
Number |
67584080 |
|
Currency |
NOK |
|
Number
of Employees |
45 |
Postal Address
|
Address |
City |
|
Postboks
33 |
1324
LYSAKER |
Key Financials
|
Year to
Date |
Sales
Revenue |
Profit
Before Tax |
Total
Equity |
|
2016 |
0 |
429 789 |
5 588
344 |
|
2015 |
87 213 |
706 671 |
5 438
627 |
|
2014 |
87 317 |
751 562 |
4 930
547 |
|
2013 |
50 685 |
910 288 |
4 469
094 |
|
2012 |
25 656 |
458 657 |
3 823
621 |
Industry
|
Main
Industry Code & Description |
70.100
Activities of head offices |
|
Secondary
Industry Code & Description |
- |
|
Other
Industry Code & Description |
- |
|
Sector
Code |
710 |
Ultimate Holding Company
|
Company
Name |
Country
Flag |
Company
Number |
|
TALLYMAN
AS |
- |
Summary
|
Type |
Number |
Total
Amount |
|
Unsettled
ROP |
0 |
0 |
|
Partly
Settled ROP |
0 |
0 |
|
Voluntary
Pledge |
0 |
0 |
Commentary
-
Event History
--
|
|
Company
Name |
Company
Number |
Last
Account Published |
Revenue |
|
|
1 |
TALLYMAN
AS |
- |
31/12/2016
|
0 KNOK |
|
|
2 |
WILH.
WILHELMSEN HOLDING ASA |
- |
31/12/2016
|
0 KNOK |
|
|
3 |
WILHELMSEN
ACCOUNTING SERVICES AS |
- |
31/12/2016
|
13 396
KNOK |
|
|
WILNOR
GOVERNMENTAL SERVICES AS |
- |
31/12/2016
|
81 033
KNOK |
||
|
WILH.
WILHELMSEN HOLDING INVEST AS |
- |
31/12/2016
|
0 KNOK |
||
|
TREASURE
ASA |
- |
31/12/2016
|
0 KNOK |
||
|
WALLENIUS
WILHELMSEN LOGISTICS ASA |
- |
31/12/2016
|
0 KNOK |
||
|
WILH. WILHELMSEN
(HONG KONG) LTD |
- |
- |
- |
Current Directors
|
Name |
Address |
Date of
Birth |
Function |
|
Wilhelmsen,
Thomas |
Måltrostveien
52 OSLO 0786 |
03/07/1974 |
General
manager/CEO |
|
Schnitler,
Diderik Børsting |
Hermelinveien
15 A TØNSBERG 3124 |
23/10/1946 |
Chairman
of the board |
|
Austgulen,
Odd Rune |
Nye
Sandviksveien 61 BERGEN 5032 |
10/03/1952 |
Board
member(s) |
|
Basili,
Irene Waage |
Ulriksdal
35 BERGEN 5009 |
16/12/1967 |
Board
member(s) |
|
Steen,
Carl Erik |
Ryghs Vei
3 OSLO 0786 |
05/01/1951 |
Board
member(s) |
|
Wilhelmsen,
Cathrine Løvenskiold |
Melkeveien
23 B OSLO 0779 |
25/04/1969 |
Board
member(s) |
Signature
|
Signature |
Styrets
leder alene eller to styremedlemmer i fellesskap. |
Procurement
|
Procurement |
Christian
Berg |
Auditors
|
Name |
Company
Number |
Status |
Date |
|
PRICEWATERHOUSECOOPERS
AS |
987009713 |
Active |
11/03/2010 |
Other Company Officials
|
Name |
Address |
Date of
Birth |
Function |
|
- |
- |
- |
- |
Shareholders
|
Shareholder
Name |
Number
of Shares |
Percentage
Share |
|
TALLYMAN
AS |
23065774 |
49.60 |
|
ØVRIGE
AKSJONÆRER |
10809916 |
23.25 |
|
PARETO
AKSJE NORGE VERDIPAPIRFOND |
1713162 |
3.68 |
|
VPF
NORDEA NORGE VERDI |
1686207 |
3.63 |
|
FOLKETRYGDFONDET |
1655959 |
3.56 |
|
UBS
SWITZERLAND AG |
919167 |
1.98 |
|
SKAGEN
VEKST VERDIPAPIRFOND |
643158 |
1.38 |
|
J.P.
MORGAN LUXEMBOURG S.A. |
606400 |
1.30 |
|
STIFTELSEN
TOM WILHELMSEN |
542505 |
1.17 |
|
NORDEA
NORDIC SMALL CAP FUND |
522647 |
1.12 |
|
MP PENSJON
PK |
517047 |
1.11 |
|
NORDNET
BANK AB |
419050 |
0.90 |
|
UBS AS,
LONDON BRANCH |
420750 |
0.90 |
|
OSLO
PENSJONSFORSIKRING AS |
407409 |
0.88 |
|
SKANDINAVISKA
ENSKILDA BANKEN AB |
402491 |
0.87 |
Group Linkages
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
|
Announcements
|
Date |
Announcement
Type |
|
04/07/2017 |
APPROVED
END OF YEAR REPORT AND ACCOUNTS |
|
04/05/2017 |
CHANGE
OF BOARD OF DIRECTORS |
|
04/05/2017 |
Distribution
of dividend -authorisation |
|
04/05/2017 |
Authorization
of acquisition of own shares |
|
30/06/2016 |
APPROVED
END OF YEAR REPORT AND ACCOUNTS |
|
21/06/2016 |
APPROVED
END OF YEAR REPORT AND ACCOUNTS |
|
08/06/2016 |
Authorization
of acquisition of own shares |
|
19/05/2016 |
CHANGE
OF BOARD OF DIRECTORS |
|
08/07/2015 |
APPROVED
END OF YEAR REPORT AND ACCOUNTS |
|
07/05/2015 |
Distribution
of dividend -authorisation |
|
07/05/2015 |
Authorization
of acquisition of own shares |
|
08/05/2014 |
APPROVED
END OF YEAR REPORT AND ACCOUNTS |
|
05/05/2014 |
Authorization
of acquisition of own shares |
|
05/05/2014 |
Distribution
of dividend -authorisation |
|
12/12/2013 |
CHANGE
OF DATE IN ARTICLES OF ASSOCIATON |
|
14/05/2013 |
CHANGE
OF BOARD OF DIRECTORS |
|
14/05/2013 |
Authorization
of acquisition of own shares |
|
04/05/2013 |
APPROVED
END OF YEAR REPORT AND ACCOUNTS |
|
22/05/2012 |
APPROVED
END OF YEAR REPORT AND ACCOUNTS |
|
30/04/2012 |
Authorization
of acquisition of own shares |
|
Company
Name |
Company
Number |
Industry
Code |
Address |
City |
Telephone |
Status |
|
WILH.
WILHELMSEN HOLDING ASA |
995340534 |
70.100 |
Strandveien
20 |
- |
23111010 |
Active |
Financials
Results
|
NOTE: All
values displayed in 1000 |
|||||||||||||||||||
|
Financial
Year |
2016 |
2015 |
2014 |
2013 |
2012 |
||||||||||||||
|
Currency |
NOK |
NOK |
NOK |
NOK |
NOK |
||||||||||||||
|
Consolidated
Accounts |
No |
No |
No |
No |
No |
||||||||||||||
|
Complete
Accounts |
Yes |
Yes |
No |
Yes |
Yes |
||||||||||||||
|
Sales
Revenue |
0 |
-100.00%
|
87 213 |
-0.12% |
87 317 |
72.27% |
50 685 |
97.56% |
25 656 |
||||||||||
|
Other
operating income |
89 389 |
100.00%
|
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
||||||||||
|
Total
Operating Income |
89 389 |
2.50% |
87 213 |
-0.12% |
87 317 |
72.27% |
50 685 |
97.56% |
25 656 |
||||||||||
|
Cost of
stocks |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
||||||||||
|
Change
in stock of work in progress and finished goods |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
||||||||||
|
Change
in work in progress |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
||||||||||
|
Wages
& Salaries |
110 208
|
5.80% |
104 167
|
186.95%
|
36 301 |
-62.56%
|
96 950 |
28.89% |
75 218 |
||||||||||
|
Depreciation
|
1 961 |
-18.50%
|
2 406 |
-8.41% |
2 627 |
35.97% |
1 932 |
4.60% |
1 847 |
||||||||||
|
Write down
of tangible and intangible fixed assets |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Other
operating expenses |
46 826 |
-25.61%
|
62 943 |
22.33% |
51 455 |
33.58% |
38 519 |
15.14% |
33 455 |
||||||||||
|
Total Operating
Expenses |
158 995
|
-6.21% |
169 516
|
87.55% |
90 383 |
-34.22%
|
137 401
|
24.32% |
110 520
|
||||||||||
|
Operating
Profit |
-69 606
|
15.43% |
-82 303
|
- |
-3 066 |
96.46% |
-86 716
|
-2.18% |
-84 864
|
||||||||||
|
Allocated
dividend |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Revenue
from subsidiaries |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
||||||||||
|
Revenue
from group companies |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
||||||||||
|
Revenue
from associated companies |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
||||||||||
|
Interest
income from group companies |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Other interest
income |
- |
N/A |
- |
N/A |
- |
N/A |
2 454 |
38.49% |
1 772 |
||||||||||
|
Other
financial income |
540 561
|
881.73%
|
55 062 |
N/A |
- |
N/A |
114 186
|
69.88% |
67 214 |
||||||||||
|
Financial
Income |
540 561
|
-32.01%
|
795 062
|
4.40% |
761 531
|
-24.58%
|
1 009
694 |
71.39% |
589 127
|
||||||||||
|
Changes
in value of quoted financial current asssets |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
||||||||||
|
Write-downs
on other financial current assets |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Write-downs
on financial fixed assets |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Other
interest expenses from group companies |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Other
interest expenses |
- |
N/A |
- |
N/A |
- |
N/A |
11 279 |
-63.09%
|
30 558 |
||||||||||
|
Other
financial expenses |
41 166 |
576.18%
|
6 088 |
-11.81%
|
6 903 |
389.23%
|
1 411 |
-90.62%
|
15 048 |
||||||||||
|
Other
financial costs |
41 166 |
576.18%
|
6 088 |
-11.81%
|
6 903 |
389.23%
|
1 411 |
-90.62%
|
15 048 |
||||||||||
|
Financial
Expenses |
41 166 |
576.18%
|
6 088 |
-11.81%
|
6 903 |
-45.60%
|
12 690 |
-72.17%
|
45 606 |
||||||||||
|
Total\net
financial items |
499 395
|
-36.70%
|
788 974
|
4.55% |
754 628
|
-24.31%
|
997 004
|
83.43% |
543 521
|
||||||||||
|
Profit
Before Tax |
429 789
|
-39.18%
|
706 671
|
-5.97% |
751 562
|
-17.44%
|
910 288
|
98.47% |
458 657
|
||||||||||
|
Tax |
23 184 |
206.67%
|
-21 735
|
-240.43%
|
15 478 |
-62.89%
|
41 714 |
253.07%
|
-27 252
|
||||||||||
|
Profit
After Tax |
406 605
|
-44.18%
|
728 406
|
-1.04% |
736 084
|
-15.25%
|
868 574
|
78.75% |
485 909
|
||||||||||
|
Extraordinary
Result |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
||||||||||
|
Net
profit\loss for the year before miniority interests |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Tax on
extraordinary result |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
||||||||||
|
Minority
share before year result |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Net
Result after Dividends |
406 605
|
-44.18%
|
728 406
|
-1.04% |
736 084
|
-15.25%
|
868 574
|
78.75% |
485 909
|
||||||||||
|
Dividends
|
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Group
contributions |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Allocation
other equity/covering of previous uncovered loss |
151 383
|
-69.50%
|
496 386
|
-16.84%
|
596 874
|
-18.17%
|
729 363
|
125.44%
|
323 526
|
||||||||||
|
Total
transfers and allocations |
406 604
|
-44.18%
|
728 406
|
-1.04% |
736 085
|
-15.25%
|
868 574
|
78.75% |
485 908
|
||||||||||
|
Company
Name |
WILH.
WILHELMSEN HOLDING ASA |
|
|||||||||||||||||
|
Company
Number |
995277905
|
|
|||||||||||||||||
|
|||||||||||||||||||
Assets
|
NOTE:
All values displayed in 1000 |
|||||||||
|
Financial
Year |
2016 |
2015 |
2014 |
2013 |
2012 |
||||
|
Currency |
NOK |
NOK |
NOK |
NOK |
NOK |
||||
|
Consolidated
Accounts |
No |
No |
No |
No |
No |
||||
|
Complete
Accounts |
Yes |
Yes |
No |
Yes |
Yes |
||||
|
Research
and development |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Concessions,
patents, licences, trademarks and similar rights |
4 066 |
165.93%
|
1 529 |
27.63% |
1 198 |
N/A |
- |
N/A |
- |
|
Deferred
tax asset |
1 488 |
-90.79%
|
16 163 |
N/A |
- |
N/A |
- |
N/A |
37 930 |
|
Goodwill/intangible
assets |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Other
intangible fixed assets |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Intangible
Assets |
5 554 |
-68.61%
|
17 692 |
+ |
1 198 |
100.00%
|
0 |
-100.00%
|
37 930 |
|
Land
& Buildings |
12 671 |
N/A |
- |
N/A |
- |
N/A |
5 642 |
-4.50% |
5 908 |
|
Plant
& Machinery |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Ships,
rigs, aircraft, etc |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Operating
equipment, fixtures, fittings, tools, office machines, etc. |
- |
N/A |
14 208 |
-6.77% |
15 239 |
67.42% |
9 102 |
19.92% |
7 590 |
|
Other
operation factors |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Total
Tangible Assets |
12 671 |
-10.82%
|
14 208 |
-6.77% |
15 239 |
3.36% |
14 744 |
9.23% |
13 498 |
|
Shares/investment
in subsidiaries |
4 365
977 |
0.63% |
4 338
477 |
7.63% |
4 031
038 |
2.54% |
3 931
198 |
0.08% |
3 928
026 |
|
Investments
in group companies |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Investments
in associated companies |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Investments
in shares and interests |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Bonds
and other accounts receivables |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Pension
funds |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Other
financial fixed assets |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Bonds |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Total
financial fixed assets |
4 374
590 |
0.73% |
4 343
040 |
7.66% |
4 034
100 |
2.36% |
3 941
134 |
0.16% |
3 934
678 |
|
Other
fixed assets |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
TOTAL
FIXED ASSETS |
4 392
815 |
0.41% |
4 374
940 |
8.01% |
4 050
537 |
2.39% |
3 955
878 |
-0.76% |
3 986
106 |
|
Raw
materials and purchased semi-manufactured goods |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Finished
goods |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Other
inventories |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Total
inventories |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Inventories
|
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
0.00% |
0 |
|
Trade
Receivables |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Other
Receivables |
8 613 |
88.76% |
4 563 |
-98.59%
|
323 811
|
+ |
9 936 |
49.37% |
6 652 |
|
Receivables
to companies in the same group |
- |
N/A |
- |
N/A |
- |
N/A |
154 434
|
N/A |
- |
|
Total
receivable |
541 711
|
-0.51% |
544 472
|
68.14% |
323 811
|
98.02% |
163 524
|
489.59%
|
27 735 |
|
Shares
and interests in group companies |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Quoted
investment shares |
711 518
|
-5.45% |
752 528
|
13.17% |
664 931
|
N/A |
- |
N/A |
- |
|
Quoted bonds
|
- |
N/A |
- |
N/A |
- |
N/A |
269 405
|
35.21% |
199 253
|
|
Other
marked based financial instr. |
- |
N/A |
- |
N/A |
- |
N/A |
303 122
|
13.02% |
268 203
|
|
Other
financial instr. |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Other
investments |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
Total
Investments |
711 518
|
-5.45% |
752 528
|
13.17% |
664 931
|
16.14% |
572 527
|
22.48% |
467 456
|
|
Cash
& Bank Deposits |
274 244
|
79.37% |
152 896
|
-47.52%
|
291 324
|
67.83% |
173 578
|
5.46% |
164 594
|
|
Total
funds/bank/post |
274 244
|
79.37% |
152 896
|
-47.52%
|
291 324
|
67.83% |
173 578
|
5.46% |
164 594
|
|
Other
current assets |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
TOTAL
CURRENT ASSETS |
1 527
473 |
5.35% |
1 449
896 |
13.27% |
1 280
066 |
40.72% |
909 629
|
37.87% |
659 785
|
|
TOTAL
ASSETS |
5 920
288 |
1.64% |
5 824
836 |
9.27% |
5 330
603 |
9.56% |
4 865
507 |
4.73% |
4 645
891 |
Equity And
Liabilities
|
NOTE:
All values displayed in 1000 |
|||||||||||||||||||
|
Financial
Year |
2016 |
2015 |
2014 |
2013 |
2012 |
||||||||||||||
|
Currency |
NOK |
NOK |
NOK |
NOK |
NOK |
||||||||||||||
|
Consolidated
Accounts |
No |
No |
No |
No |
No |
||||||||||||||
|
Complete
Accounts |
Yes |
Yes |
No |
Yes |
Yes |
||||||||||||||
|
Share
Capital |
930 076
|
0.00% |
930 076
|
0.00% |
930 076
|
0.00% |
930 076
|
0.00% |
930 076
|
||||||||||
|
Own
shares (treasury stock) |
-2 000 |
0.00% |
-2 000 |
0.00% |
-2 000 |
0.00% |
-2 000 |
0.00% |
-2 000 |
||||||||||
|
Share
Premium Reserve |
- |
N/A |
- |
N/A |
- |
N/A |
1 272
571 |
0.00% |
1 272
571 |
||||||||||
|
Other
paid-in capital |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Total
equity deposits |
928 076
|
0.00% |
928 076
|
0.00% |
928 076
|
-57.83%
|
2 200
647 |
0.00% |
2 200
647 |
||||||||||
|
Valuation
reserve |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Other
equity |
4 660
268 |
3.32% |
4 510
551 |
12.69% |
4 002
471 |
76.44% |
2 268
447 |
39.77% |
1 622
974 |
||||||||||
|
Minority
interests ( Groups ) |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Total Retained
Earnings |
4 660
268 |
3.32% |
4 510
551 |
12.69% |
4 002
471 |
76.44% |
2 268
447 |
39.77% |
1 622
974 |
||||||||||
|
Other
Reserves |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
TOTAL
EQUITY |
5 588
344 |
2.75% |
5 438
627 |
10.30% |
4 930
547 |
10.33% |
4 469
094 |
16.88% |
3 823
621 |
||||||||||
|
Long
Term Pension Commitments |
47 744 |
-0.74% |
48 102 |
-27.87%
|
66 692 |
-1.01% |
67 371 |
-21.30%
|
85 609 |
||||||||||
|
Deferred
tax liabilities |
- |
N/A |
- |
N/A |
3 132 |
-51.70%
|
6 485 |
N/A |
- |
||||||||||
|
Other
provisions |
43 922 |
N/A |
- |
N/A |
37 274 |
N/A |
- |
N/A |
- |
||||||||||
|
Total
provisions for liabilities and charges |
91 666 |
90.57% |
48 102 |
-55.09%
|
107 098
|
45.01% |
73 856 |
-13.73%
|
85 609 |
||||||||||
|
Convertible
loans |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Other
Long Term Loans |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Long Term
Liabilities to Financial Institutions |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Long-term
group contribution liabilities |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Liable
loan capital |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Other
long-term liabilities |
0 |
-100.00%
|
43 853 |
100.00%
|
0 |
-100.00%
|
39 853 |
-90.98%
|
441 666
|
||||||||||
|
Total
other long-term liabilities |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
TOTAL
LONG TERM LIABILITIES |
91 666 |
-0.31% |
91 955 |
-14.14%
|
107 098
|
-5.81% |
113 709
|
-78.43%
|
527 275
|
||||||||||
|
Convertible
loan |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Certificate
loan |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Short
Term Liabilities to Financial Institutions |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Trade
Creditors |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Payable
tax |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Special
government taxes |
8 125 |
9.62% |
7 412 |
41.42% |
5 241 |
-29.53%
|
7 437 |
10.87% |
6 708 |
||||||||||
|
Suggested
dividend |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Short
Term Liabilities to Group |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
Other
creditors |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
||||||||||
|
TOTAL CURRENT
LIABILITIES |
240 278
|
-18.34%
|
294 254
|
0.44% |
292 958
|
3.63% |
282 706
|
-4.17% |
294 994
|
||||||||||
|
TOTAL
LIABILITIES |
331 944
|
-14.05%
|
386 209
|
-3.46% |
400 056
|
0.92% |
396 415
|
-51.79%
|
822 269
|
||||||||||
|
Total
liabilities and equity |
5 920
288 |
1.64% |
5 824
836 |
9.27% |
5 330
603 |
9.56% |
4 865
509 |
4.73% |
4 645
890 |
||||||||||
|
Company
Name |
WILH.
WILHELMSEN HOLDING ASA |
|
|||||||||||||||||
|
Company
Number |
995277905
|
|
|||||||||||||||||
|
|||||||||||||||||||
Miscellaneous
|
NOTE:
All values displayed in 1000 |
|
|||||||||
|
Financial
Year |
2016 |
2015 |
2014 |
2013 |
2012 |
|
||||
|
Total
Exports |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
|
Working
Capital |
1 287
195 |
11.38% |
1 155
642 |
17.07% |
987 108
|
57.45% |
626 923
|
71.86% |
364 791
|
|
|
Net
Worth |
5 582
790 |
2.99% |
5 420
935 |
9.97% |
4 929
349 |
10.30% |
4 469
094 |
18.05% |
3 785
691 |
|
|
Capital
Employed |
5 680
010 |
2.70% |
5 530
582 |
9.79% |
5 037
645 |
9.92% |
4 582
803 |
5.33% |
4 350
896 |
|
|
Man-labour
year |
- |
N/A |
- |
N/A |
- |
N/A |
- |
N/A |
- |
|
|
Employees
|
52 |
1.96% |
51 |
-1.92% |
52 |
13.04% |
46 |
N/A |
- |
|
|
General
manager salary |
- |
N/A |
- |
N/A |
4 372 |
5.17% |
4 157 |
N/A |
- |
|
|
Auditor's
remuneration |
482 |
-10.91%
|
541 |
17.35% |
461 |
23.59% |
373 |
-15.61%
|
442 |
|
Ratios
|
Financial
Year |
2016 |
2015 |
2014 |
2013 |
2012 |
|
|||||||
|
Pre-Tax
Profit Margin |
- |
810.28 |
860.73 |
1
795.97 |
1
787.72 |
||||||||
|
Return
on Capital Employed |
7.57 |
12.78 |
14.92 |
19.86 |
10.54 |
||||||||
|
Return on
Total Assets Employed |
7.26 |
12.13 |
14.10 |
18.71 |
9.87 |
||||||||
|
Return
on Net Assets Employed |
7.69 |
12.99 |
15.24 |
20.37 |
12.00 |
||||||||
|
Sales/Net
Working Capital |
0.00 |
0.08 |
0.09 |
0.08 |
0.07 |
||||||||
|
Stock
Turnover Ratio |
- |
0.00 |
0.00 |
0.00 |
0.00 |
||||||||
|
Debtor
Days |
- |
- |
- |
- |
- |
||||||||
|
Creditor
Days |
- |
- |
- |
- |
- |
||||||||
|
Current
Ratio |
6.36 |
4.93 |
4.37 |
3.22 |
2.24 |
||||||||
|
Liquidity
Ratio/Acid Test |
6.36 |
4.93 |
4.37 |
3.22 |
2.24 |
||||||||
|
Current
Debt Ratio |
0.04 |
0.05 |
0.06 |
0.06 |
0.08 |
||||||||
|
Solvency
Ratio |
94.39 |
93.37 |
92.50 |
91.85 |
82.30 |
||||||||
|
Equity
in Percentage |
362.85 |
371.46 |
380.65 |
483.47 |
567.91 |
||||||||
|
Total
Debt Ratio |
0.06 |
0.07 |
0.08 |
0.09 |
0.22 |
||||||||
|
Company
Name |
WILH.
WILHELMSEN HOLDING ASA |
|
|||||||||||
|
Company
Number |
995277905
|
|
|||||||||||
|
|||||||||||||
|
Currency
|
|
||||||||||||
No
Auditor Remarks information available for the company
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.34 |
|
|
1 |
INR 85.89 |
|
Euro |
1 |
INR 76.15 |
|
NOK |
1 |
INR 7.86 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VIV |
|
|
|
|
Report Prepared
by : |
SYL |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.