Skips AS Tudor logs $54.1m profit as revenue increases

Norwegian investment company Skips AS Tudor had a bumper year in 2013.

Its main asset is a 19.5% stake in Tallyman, which holds shares in Oslo-listed car carrier company Wilh Wilhelmsen Holding, whose share price increased sharply last year.

Tudor logged a pre-tax profit of NOK 341m ($54.1m) compared with a NOK 228m profit in 2012. Operating revenue increased from NOK 669m to NOK 678m.

Managing