WML AS
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WML AS - overview
Location
Oslo, -, Norway
Primary Industry
Logistics & Distribution
About
Based in Oslo, Norway, WML AS, also known as World Marine Logistics, operates as a marine logistics company. In May 2022, Global Transport Solutions, a portfolio company of Waterland Private Equity Investments B. V. , acquired WML AS.
As of 2023, the company is led by its managing director, Erik Staubo. WML transfers both small and large consignments to the offshore and oil and gas market sectors, utilizing various transportation modes such as air, truck, and sea. The services offered by the company include planning and arranging transportation from manufacturer/supplier to shipyard, dock, or ship; warehousing services; inventory management; customs clearance; worldwide airplane and helicopter chartering; dangerous goods handling; electronic tracking and reporting services; cargo insurance; etc.
Current Investors
Global Transport Solutions Topholding B.V.
Primary Industry
Logistics & Distribution
Sub Industries
Insurance, Warehouses, Freight Transportation Services
Website
www.wml.no
Company Stage
Add-on
Total Amount Raised
Subscriber access only
WML AS - timeline of key events
WML AS - financials
| Fiscal Year Ended | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 34,266,070 | 45,739,873 | 67,924,065 | 50,559,783 | 42,273,293 | 45,882,766 | 49,910,098 | 53,244,185 | - | - | - |
| % Revenue Growth (YoY) | - | 33.5% | 48.5% | (25.6%) | (16.4%) | 8.5% | 8.8% | 6.7% | - | - | - |
| EBITDA (USD) | 3,357,432 | 4,752,661 | 7,947,651 | 1,926,251 | 422,580 | (1,167,215) | (2,609,903) | (1,067,161) | - | - | - |
| Operating Income (USD) | 3,001,796 | 4,660,635 | 7,833,079 | 1,812,034 | 370,662 | (1,179,583) | (2,609,903) | (1,067,161) | - | - | - |
| Operating Margin | 8.8% | 10.2% | 11.5% | 3.6% | 0.9% | (2.6%) | (5.2%) | (2.0%) | - | - | - |
| % EBITDA Margin | 9.8% | 10.4% | 11.7% | 3.8% | 1.0% | (2.5%) | (5.2%) | (2.0%) | - | - | - |
| NET Income (USD) | 2,425,545 | 3,845,040 | 5,688,986 | 1,312,676 | 462,068 | (798,786) | (2,046,255) | (852,898) | - | - | - |
| % Net Margin | 7.1% | 8.4% | 8.4% | 2.6% | 1.1% | (1.7%) | (4.1%) | (1.6%) | - | - | - |
WML AS - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | WML AS | - |
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WML AS - employee data
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