Key figures

Revenue MNOK
EBITDA MNOK
EBIT MNOK
Equity ratio %
Return on equity %
Return on assets %

(NOK 1 000)

Revenues and profit 2020 2019 2018 2017 2016
Revenue 3 080 375 3 416 124 1 486 521 1 429 397 1 220 511
Operating profit before depreciation (EBITDA) 189 940 359 715 234 520 174 022 374 877
Operating profit (EBIT) -59 272 120 109 140 202 99 291 299 266
Profit before tax -56 138 111 246 168 727 48 227 311 886
Profit after tax -147 781 107 491 141 462 69 472 208 303
Capital 31.12 2020 2019 2018 2017 2016
Total assets 6 164 937 4 827 519 2 616 343 2 391 298 2 424 847
Equity 3 595 838 2 152 993 1 540 063 1 412 441 1 333 170
Equity ratio 1) 58.3 % 44.6 % 58.9 % 59.1 % 55.0 %
Profitability and rate of return 2020 2019 2018 2017 2016
Cash flow from operations 229 198 192 889 154 601 90 434 -4 034
Operating margin 2) -1.9 % 3.5 % 9.4 % 6.9 % 24.5 %
Return on equity 3) -5.1 % 5.8 % 9.6 % 5.1 % 23.1 %
Return on assets 4) 0.5 % 4.8 % 7.1 % 2.4 % 17.9 %
NIBD/EBITDA 5) -1.7 3.1 1.6 1.2 0.6
Shares 2020 2019 2018 2017 2016
Share capital 20 162 18 329 16 663 16 663 16 663
Total number of shares per 31.12 201 619 712 183 290 648 166 627 868 166 627 868 166 627 868
Earnings per share 6) (NOK) -0.78 0.63 0.86 0.42 1.40
Cash flow per share 7) (NOK) 1.20 1.12 0.92 0.55 -0.03
Equity per share 8) (NOK) 17.83 11.74 9.24 8.48 8.00

Definition of key figures

1) Shareholders’ equity as a percentage of total assets.
2) Operating profit as a percentage of operating income.
3) Profit after tax divided by average shareholders’ equity.
4) Profit before tax + interest expense divided by average total assets.
5) Net interest-bearing debt divided by EBITDA.
6) Net profit for the year divided by average number of shares outstanding.
7) Net cash flow from operations divided by average number of shares outstanding.
8) Shareholders’ equity divided by average number of shares outstanding.

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