WALTER WILHELMSEN AS

Org. no. 970904468 · TROMSØ · Founded 1994 · 11 employees

Score · fiscal year 2025

80of 100

How to read this: the company is ahead of 97 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 183 of 5,567 · What are Morning company classes?
Place in the whole sector: 747 of 20,439 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 67 and solidity 94 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

WALTER WILHELMSEN AS is 29 points above the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 5,567 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 8.7% (median 4.5%) and equity ratio 72.9% (median 34.2%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue19 MNOK19 MNOK
Operating margin 8.7% 4.5% 71 %
Profit margin 9.4% 4.3% shown, not part of the index
Return on assets 15.4% 11.0% 62 %
Equity ratio 72.9% 34.2% 94 %
Debt-to-equity 0.37 1.72 94 %
Current ratio 3.20 1.48 92 %
Revenue growth 23.3% 6.0% 74 %
Revenue per employee1.76 MNOK1.70 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 80, WALTER WILHELMSEN AS does better than 97% of companies in the Morning class Small in the same sector (5,567 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • WALTER WILHELMSEN AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

WALTER WILHELMSEN AS has a score of 80 for 2025, rank 747 of 20,439 in the sector.

Strongest: Solidity: percentile 94 against peers, equity ratio 72.9% against a median of 34.2%. Liquidity: percentile 92 against peers, current ratio 3.20 against a median of 1.48.

No area is clearly below its peers.

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

WALTER WILHELMSEN AS had an operating margin of 8.7% and an equity ratio of 72.9% in 2025, and ranks 747 of 20,439 in Bygg og anlegg.

From 2024 to 2025: the equity ratio rose from 59.6% to 72.9% and revenue grew by 23%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 9 MNOK and 17 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.4 MNOK 10.0 14 MNOK
EV/EBIT Operating profit: 1.7 MNOK
minus net debt −3.4 MNOK
8.0 17 MNOK
P/B Equity: 8.7 MNOK 1.0 9 MNOK

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2025

Worth a closer look

No rules were triggered for this year.

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 0.4% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

Data quality

No anomalies found in the figures.

Stress test · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability67 weight 30%
Solidity94 weight 25%
Liquidity92 weight 15%
Growth74 weight 15%
Consistency77 weight 15%

Durability: 71 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is WALTER WILHELMSEN AS?

The operating margin was 8.7% in 2025, against a median of 4.5% among companies in the Morning class Small in the same sector. Return on assets was 15.4%.

How solid is WALTER WILHELMSEN AS?

The equity ratio was 72.9% in 2025 (median 34.2%). Debt-to-equity was 0.37 (median 1.72).

What is the liquidity of WALTER WILHELMSEN AS like?

The current ratio was 3.20 in 2025 (median 1.48).

How does WALTER WILHELMSEN AS compare in Bygg og anlegg?

WALTER WILHELMSEN AS ranks 747 of 20,439 in Bygg og anlegg for 2025. Among companies in the Morning class Small it is number 183 of 5,567. Revenue changed by 23.3% from the year before.

From the Central Coordinating Register

Org. no.
970904468
Legal form
AS
Sector
Bygg og anlegg (43.221)
Morning company class
Small
Employees
11 registered 10 September 2026
Founded
1 April 1994 32 years in operation
Share capital
0.25 MNOK
Business address
Ropnesvegen 59, 9107 KVALØYA (TROMSØ)
Municipality
Tromsø rank 9 of 11 in KOSTRA group 12
Latest accounts filed
2025

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Chief executive
Walter Wilhelmsen
Chair of the board
Walter Wilhelmsen
Board member
Marte Marie Bye Wilhelmsen
Auditor
CEDRA NORGE AS
Accountant
ALT REGNSKAP AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index666780
Rank4,8553,751747
Operating margin10.3%10.6%8.7%
Return on assets16.3%14.4%15.4%
Equity ratio55.3%59.6%72.9%
Current ratio1.942.133.20
Revenue growth–−4.3%23.3%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue16.4 MNOK15.7 MNOK19.4 MNOK
Operating profit1.7 MNOK1.7 MNOK1.7 MNOK
Profit before tax1.8 MNOK1.8 MNOK1.8 MNOK
Net profit1.4 MNOK1.4 MNOK1.4 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets11.3 MNOK12.9 MNOK11.9 MNOK
Current assets9.8 MNOK11.1 MNOK10.3 MNOK
Equity6.3 MNOK7.7 MNOK8.7 MNOK
Retained earnings1.4 MNOK2.9 MNOK3.8 MNOK
Total liabilities5.1 MNOK5.2 MNOK3.2 MNOK
Current liabilities5.1 MNOK5.2 MNOK3.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6956728.