Wilh Wilhelmsen Holding ASA A (WWI) - Net Assets
Based on the latest financial reports, Wilh Wilhelmsen Holding ASA A (WWI) has net assets worth Nkr3.26 Billion NOK (≈ $343.15 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr4.41 Billion ≈ $464.16 Million USD) and total liabilities (Nkr1.15 Billion ≈ $121.01 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check WWI cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr3.26 Billion |
| % of Total Assets | 73.93% |
| Annual Growth Rate | 7.82% |
| 5-Year Change | 46.23% |
| 10-Year Change | 30.86% |
| Growth Volatility | 13.16 |
Wilh Wilhelmsen Holding ASA A - Net Assets Trend (2000–2025)
This chart illustrates how Wilh Wilhelmsen Holding ASA A's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Wilh Wilhelmsen Holding ASA A for the complete picture of this company's asset base.
Annual Net Assets for Wilh Wilhelmsen Holding ASA A (2000–2025)
The table below shows the annual net assets of Wilh Wilhelmsen Holding ASA A from 2000 to 2025. For live valuation and market cap data, see Wilh Wilhelmsen Holding ASA A market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr3.26 Billion ≈ $343.15 Million |
+21.00% |
| 2024-12-31 | Nkr2.69 Billion ≈ $283.59 Million |
-5.67% |
| 2023-12-31 | Nkr2.86 Billion ≈ $300.64 Million |
+21.26% |
| 2022-12-31 | Nkr2.36 Billion ≈ $247.92 Million |
+5.65% |
| 2021-12-31 | Nkr2.23 Billion ≈ $234.66 Million |
-1.55% |
| 2020-12-31 | Nkr2.27 Billion ≈ $238.34 Million |
+8.79% |
| 2019-12-31 | Nkr2.08 Billion ≈ $219.09 Million |
+3.22% |
| 2018-12-31 | Nkr2.02 Billion ≈ $212.25 Million |
-7.77% |
| 2017-12-31 | Nkr2.19 Billion ≈ $230.14 Million |
-12.24% |
| 2016-12-31 | Nkr2.49 Billion ≈ $262.23 Million |
+12.96% |
| 2015-12-31 | Nkr2.21 Billion ≈ $232.13 Million |
-5.28% |
| 2014-12-31 | Nkr2.33 Billion ≈ $245.08 Million |
+1.88% |
| 2013-12-31 | Nkr2.29 Billion ≈ $240.55 Million |
+9.96% |
| 2012-12-31 | Nkr2.08 Billion ≈ $218.77 Million |
+24.27% |
| 2011-12-31 | Nkr1.67 Billion ≈ $176.05 Million |
+8.78% |
| 2010-12-31 | Nkr1.54 Billion ≈ $161.84 Million |
+21.20% |
| 2009-12-31 | Nkr1.27 Billion ≈ $133.54 Million |
+38.84% |
| 2008-12-31 | Nkr914.00 Million ≈ $96.18 Million |
-4.09% |
| 2007-12-31 | Nkr953.00 Million ≈ $100.28 Million |
-8.10% |
| 2006-12-31 | Nkr1.04 Billion ≈ $109.12 Million |
+24.34% |
| 2005-12-31 | Nkr834.00 Million ≈ $87.76 Million |
+13.32% |
| 2004-12-31 | Nkr736.00 Million ≈ $77.45 Million |
+30.27% |
| 2003-12-31 | Nkr565.00 Million ≈ $59.45 Million |
+11.88% |
| 2002-12-31 | Nkr505.00 Million ≈ $53.14 Million |
+7.68% |
| 2001-12-31 | Nkr469.00 Million ≈ $49.35 Million |
-5.44% |
| 2000-12-31 | Nkr496.00 Million ≈ $52.19 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wilh Wilhelmsen Holding ASA A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 839.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr3.15 Billion | 96.50% |
| Common Stock | Nkr115.00 Million | 3.53% |
| Total Equity | Nkr3.26 Billion | 100.00% |
Wilh Wilhelmsen Holding ASA A Competitors by Market Cap
The table below lists competitors of Wilh Wilhelmsen Holding ASA A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VNET Group Inc DRC
NASDAQ:VNET
|
$2.27 Billion |
|
Russel Metals Inc.
TO:RUS
|
$2.27 Billion |
|
CSG Systems International Inc
NASDAQ:CSGS
|
$2.27 Billion |
|
Greatoo Inc
SHE:002031
|
$2.27 Billion |
|
LEROY SEAFOOD GR.UNSP.ADR
F:Z1L0
|
$2.27 Billion |
|
Shandong Iron and Steel Co Ltd
SHG:600022
|
$2.27 Billion |
|
SES S. A.
PA:SESG
|
$2.27 Billion |
|
Voltronic Power Technology Corp
TW:6409
|
$2.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wilh Wilhelmsen Holding ASA A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,580,000,000 to 3,261,000,000, a change of 681,000,000 (26.4%).
- Net income of 653,000,000 contributed positively to equity growth.
- Dividend payments of 83,000,000 reduced retained earnings.
- Share repurchases of 34,000,000 reduced equity.
- Other factors increased equity by 145,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr653.00 Million | +20.02% |
| Dividends Paid | Nkr83.00 Million | -2.55% |
| Share Repurchases | Nkr34.00 Million | -1.04% |
| Other Changes | Nkr145.00 Million | +4.45% |
| Total Change | Nkr- | 26.40% |
Book Value vs Market Value Analysis
This analysis compares Wilh Wilhelmsen Holding ASA A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.56x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 69.48x to 8.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | Nkr9.57 | Nkr665.00 | x |
| 2002-12-31 | Nkr10.58 | Nkr665.00 | x |
| 2003-12-31 | Nkr11.79 | Nkr665.00 | x |
| 2004-12-31 | Nkr15.27 | Nkr665.00 | x |
| 2005-12-31 | Nkr17.25 | Nkr665.00 | x |
| 2006-12-31 | Nkr21.47 | Nkr665.00 | x |
| 2007-12-31 | Nkr20.00 | Nkr665.00 | x |
| 2008-12-31 | Nkr19.31 | Nkr665.00 | x |
| 2009-12-31 | Nkr27.16 | Nkr665.00 | x |
| 2010-12-31 | Nkr26.48 | Nkr665.00 | x |
| 2011-12-31 | Nkr28.80 | Nkr665.00 | x |
| 2012-12-31 | Nkr35.54 | Nkr665.00 | x |
| 2013-12-31 | Nkr39.57 | Nkr665.00 | x |
| 2014-12-31 | Nkr40.08 | Nkr665.00 | x |
| 2015-12-31 | Nkr37.80 | Nkr665.00 | x |
| 2016-12-31 | Nkr42.88 | Nkr665.00 | x |
| 2017-12-31 | Nkr42.56 | Nkr665.00 | x |
| 2018-12-31 | Nkr39.24 | Nkr665.00 | x |
| 2019-12-31 | Nkr40.92 | Nkr665.00 | x |
| 2020-12-31 | Nkr45.04 | Nkr665.00 | x |
| 2021-12-31 | Nkr45.07 | Nkr665.00 | x |
| 2022-12-31 | Nkr49.62 | Nkr665.00 | x |
| 2023-12-31 | Nkr61.14 | Nkr665.00 | x |
| 2024-12-31 | Nkr60.15 | Nkr665.00 | x |
| 2025-12-31 | Nkr77.72 | Nkr665.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wilh Wilhelmsen Holding ASA A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.02%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 52.92%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.35x
- Recent ROE (20.02%) is above the historical average (11.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 5.77% | 5.21% | 0.40x | 2.76x | Nkr-19.80 Million |
| 2002 | 10.71% | 9.42% | 0.38x | 2.95x | Nkr3.60 Million |
| 2003 | 11.70% | 10.46% | 0.44x | 2.53x | Nkr9.60 Million |
| 2004 | 22.95% | 44.68% | 0.24x | 2.18x | Nkr94.80 Million |
| 2005 | 22.71% | 32.58% | 0.25x | 2.73x | Nkr105.20 Million |
| 2006 | 22.06% | 27.32% | 0.30x | 2.66x | Nkr124.10 Million |
| 2007 | 0.32% | 0.31% | 0.35x | 3.01x | Nkr-91.30 Million |
| 2008 | 10.58% | 6.86% | 0.43x | 3.62x | Nkr5.20 Million |
| 2009 | 26.44% | 32.91% | 0.28x | 2.92x | Nkr207.70 Million |
| 2010 | 6.10% | 6.97% | 0.26x | 3.32x | Nkr-48.00 Million |
| 2011 | 17.26% | 18.52% | 0.28x | 3.30x | Nkr97.20 Million |
| 2012 | 19.95% | 24.83% | 0.27x | 3.02x | Nkr164.10 Million |
| 2013 | 14.16% | 19.80% | 0.27x | 2.69x | Nkr76.40 Million |
| 2014 | 12.96% | 17.60% | 0.28x | 2.60x | Nkr55.00 Million |
| 2015 | 3.08% | 4.13% | 0.28x | 2.67x | Nkr-121.40 Million |
| 2016 | 10.10% | 17.88% | 0.24x | 2.36x | Nkr2.00 Million |
| 2017 | -3.24% | -10.14% | 0.19x | 1.66x | Nkr-261.50 Million |
| 2018 | -3.79% | -7.96% | 0.28x | 1.69x | Nkr-251.10 Million |
| 2019 | 6.06% | 13.65% | 0.25x | 1.75x | Nkr-74.00 Million |
| 2020 | 8.86% | 22.08% | 0.23x | 1.74x | Nkr-22.80 Million |
| 2021 | 2.64% | 6.07% | 0.25x | 1.72x | Nkr-147.90 Million |
| 2022 | 12.75% | 29.90% | 0.26x | 1.64x | Nkr60.80 Million |
| 2023 | 17.28% | 45.47% | 0.25x | 1.52x | Nkr196.80 Million |
| 2024 | 19.30% | 43.84% | 0.30x | 1.46x | Nkr240.00 Million |
| 2025 | 20.02% | 52.92% | 0.28x | 1.35x | Nkr326.90 Million |
Industry Comparison
This section compares Wilh Wilhelmsen Holding ASA A's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $553,781,716
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wilh Wilhelmsen Holding ASA A (WWI) | Nkr3.26 Billion | 5.77% | 0.35x | $2.27 Billion |
| 2020 Bulkers Ltd (2020) | $151.90 Million | 50.23% | 0.76x | $11.35 Million |
| ADS Maritime Holding Plc (ADS) | $53.54 Million | -6.44% | 0.92x | $18.53 Million |
| American Shipping Company ASA (AMSC) | $50.77 Million | -14.70% | 19.44x | $7.19K |
| BW LPG Ltd (BWLPG) | $974.73 Million | 12.80% | 0.67x | $3.00 Billion |
| Golden Energy Offshore Services AS (GEOS) | $73.53 Million | 3.02% | 3.01x | $60.84 Million |
| Golden Ocean Group Ltd (GOGL) | $1.24 Billion | -10.31% | 0.91x | $1.75 Billion |
| Hafnia Ltd (HAFNI) | $1.11 Billion | -4.99% | 1.26x | $4.27 Billion |
| Hoegh Autoliners ASA (HAUTO) | $1.08 Billion | 27.61% | 0.65x | $2.65 Billion |
| Havila Shipping ASA (HAVI) | $646.35 Million | 23.12% | 2.55x | $35.04 Million |
| Himalaya Shipping Ltd (HSHP) | $154.72 Million | 13.60% | 4.69x | $720.63 Million |
About Wilh Wilhelmsen Holding ASA A
Wilh. Wilhelmsen Holding ASA provides maritime products and services worldwide. It operates through three segments: Maritime Services, New Energy, and Strategic Holdings and Investments. The company offers pumps, marine chemicals, air tools, workshop equipment, cleaning equipment, gases, refrigerants and cylinders, refrigeration equipment, welding, environmental, ropes, specialty marine lubricant… Read more