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Fiscal Period: December
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2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Capitalization1 |
72 574 | 78 648 | 103 563 | 77 856 | 102 487 | 191 947 | 153 778 | - |
Enterprise Value (EV)1 |
97 008 | 95 448 | 140 112 | 109 367 | 117 734 | 191 947 | 174 153 | 179 330 |
P/E ratio |
32,2x | 19,4x | 79,8x | 208x | 13,1x | 9,28x | 4,88x | 5,51x |
Yield |
2,84% | 4,89% | 7,56% | 4,72% | 4,36% | 7,95% | 9,34% | 9,79% |
Capitalization / Revenue |
3,66x | 2,47x | 3,34x | 3,02x | 2,05x | 1,45x | 0,96x | 1,04x |
EV / Revenue |
4,89x | 3,00x | 4,52x | 4,25x | 2,36x | 1,45x | 1,08x | 1,21x |
EV / EBITDA |
7,02x | 4,07x | 6,63x | 5,95x | 2,96x | 1,61x | 1,22x | 1,45x |
Enterprise Value (EV) / FCF |
-13,9x | 4,50x | 73,6x | 21,9x | 4,63x | 4,72x | 6,82x | 13,9x |
FCF Yield |
-7,21% | 22,2% | 1,36% | 4,58% | 21,6% | 21,2% | 14,7% | 7,20% |
Price to Book |
2,97x | 3,08x | 4,19x | 4,49x | 4,77x | 1,25x | 1,01x | 0,91x |
Nbr of stocks (in thousands) |
359 455 | 360 772 | 359 592 | 360 111 | 377 347 | 631 197 | 631 793 | - |
Reference price (NOK) |
202 | 218 | 288 | 216 | 272 | 304 | 243 | 243 |
Announcement Date |
02/02/2018 | 02/06/2019 | 02/11/2020 | 02/04/2021 | 02/10/2022 | 02/10/2023 | - | - |
1 NOK in Million |
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Income Statement Evolution (Annual data) |
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Fiscal Period: December
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net sales1 |
19 840 | 31 811 | 30 965 | 25 749 | 49 883 | 131 997 | 161 005 | 147 734 |
EBITDA1 |
13 825 | 23 435 | 21 149 | 18 389 | 39 744 | 119 539 | 142 859 | 124 011 |
Operating profit (EBIT)1 |
7 795 | 16 846 | 12 279 | 3 740 | 29 171 | 90 952 | 119 962 | 109 309 |
Operating Margin |
39,3% | 53,0% | 39,7% | 14,5% | 58,5% | 68,9% | 74,5% | 74,0% |
Pre-Tax Profit (EBT)1 |
6 279 | 15 312 | 10 031 | 1 415 | 27 045 | 89 049 | 118 533 | 105 353 |
Net income1 |
2 129 | 4 038 | 1 305 | 387 | 7 488 | 16 263 | 29 856 | 26 997 |
Net margin |
10,7% | 12,7% | 4,21% | 1,50% | 15,0% | 12,3% | 18,5% | 18,3% |
EPS2 |
6,27 | 11,3 | 3,61 | 1,04 | 20,7 | 32,8 | 49,9 | 44,2 |
Free Cash Flow1 |
-6 994 | 21 208 | 1 904 | 5 004 | 25 427 | 38 460 | 25 521 | 12 908 |
FCF margin |
-35,3% | 66,7% | 6,15% | 19,4% | 51,0% | 28,6% | 15,9% | 8,74% |
FCF Conversion |
-50,6% | 90,5% | 9,00% | 27,2% | 64,0% | 31,9% | 17,9% | 10,4% |
Dividend per Share2 |
5,73 | 10,7 | 21,8 | 10,2 | 11,8 | 19,3 | 22,7 | 23,8 |
Announcement Date |
02/02/2018 | 02/06/2019 | 02/11/2020 | 02/04/2021 | 02/10/2022 | 02/10/2023 | - | - |
1 NOK in Million 2 NOK |
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Income Statement Evolution (Quarterly data) |
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Fiscal Period: December
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2020 Q2 |
2020 Q3 |
2020 Q4 |
2021 Q1 |
2021 Q2 |
2021 Q3 |
2021 Q4 |
2022 Q1 |
2022 Q2 |
2022 Q3 |
2022 Q4 |
2023 Q1 |
2023 Q2 |
2023 Q3 |
2023 Q4 |
Net sales1 |
5 526 | 6 394 | 7 169 | 9 389 | 9 824 | 13 148 | 16 270 | 21 529 | 20 098 | 50 458 | 38 817 | 41 014 | 43 072 | 45 012 | 41 623 |
EBITDA1 |
3 083 | 4 778 | 5 355 | 7 276 | 7 470 | 10 514 | 13 640 | 18 860 | 17 347 | 47 036 | 35 419 | 33 462 | 39 039 | 42 383 | 43 203 |
Operating profit (EBIT)1 |
1 672 | 2 262 | 2 390 | 4 897 | 5 369 | 7 142 | 11 087 | 16 625 | 11 184 | 40 582 | 22 462 | 30 148 | 31 864 | 33 669 | 30 088 |
Operating Margin |
30,3% | 35,4% | 33,3% | 52,2% | 54,7% | 54,3% | 68,1% | 77,2% | 55,6% | 80,4% | 57,9% | 73,5% | 74,0% | 74,8% | 72,3% |
Pre-Tax Profit (EBT)1 |
1 415 | 1 788 | 2 029 | 4 152 | 4 829 | 6 747 | 10 718 | 17 262 | 10 572 | 38 765 | 22 084 | 26 109 | 31 156 | 34 355 | 34 874 |
Net income1 |
1 593 | 751 | 1 109 | 1 052 | 1 345 | 1 732 | 3 203 | 5 030 | 1 860 | 8 119 | 1 140 | 6 532 | 7 789 | 8 589 | 8 724 |
Net margin |
28,8% | 11,7% | 15,5% | 11,2% | 13,7% | 13,2% | 19,7% | 23,4% | 9,25% | 16,1% | 2,94% | 15,9% | 18,1% | 19,1% | 21,0% |
EPS2 |
4,40 | 2,06 | 3,09 | 2,90 | 3,76 | 4,80 | 8,84 | 14,0 | 5,16 | 12,9 | 1,83 | 10,4 | 12,4 | 13,6 | 13,8 |
Dividend per Share2 |
1,87 | 1,91 | 1,70 | 2,55 | 2,75 | 2,61 | 3,67 | 4,51 | 4,76 | 5,43 | 5,27 | 5,71 | 5,71 | 5,71 | 5,71 |
Announcement Date |
07/14/2020 | 10/29/2020 | 02/04/2021 | 04/28/2021 | 07/15/2021 | 10/27/2021 | 02/10/2022 | 04/28/2022 | 07/20/2022 | 10/26/2022 | 02/10/2023 | - | - | - | - |
1 NOK in Million 2 NOK |
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Fiscal Period: December
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Debt1 |
24 434 | 16 800 | 36 549 | 31 511 | 15 246 | 27 882 | 20 375 | 25 551 |
Net Cash position1 |
- | - | - | - | - | - | - | - |
Leverage (Debt / EBITDA) |
1,77x | 0,72x | 1,73x | 1,71x | 0,38x | 0,23x | 0,14x | 0,21x |
Free Cash Flow1 |
-6 994 | 21 208 | 1 904 | 5 004 | 25 427 | 38 460 | 25 521 | 12 908 |
ROE (Net Profit / Equities) |
10,1% | 15,9% | 5,27% | 2,05% | 39,3% | 30,0% | 22,7% | 21,4% |
Shareholders' equity1 |
21 063 | 25 360 | 24 761 | 18 835 | 19 054 | 68 087 | 131 523 | 125 987 |
ROA (Net Profit / Asset) |
2,58% | 4,18% | 1,22% | 0,36% | 6,33% | 7,00% | 7,87% | 6,27% |
Assets1 |
82 404 | 96 688 | 106 961 | 106 617 | 118 351 | 292 164 | 379 605 | 430 269 |
Book Value Per Share2 |
68,0 | 70,7 | 68,7 | 48,1 | 57,0 | 195 | 241 | 267 |
Cash Flow per Share2 |
49,0 | 90,0 | 48,4 | 44,6 | 104 | 117 | 83,3 | 56,2 |
Capex1 |
7 566 | 11 195 | 17 822 | 11 041 | 12 050 | 23 359 | 35 308 | 47 220 |
Capex / Sales |
38,1% | 35,2% | 57,6% | 42,9% | 24,2% | 17,4% | 21,9% | 32,0% |
Announcement Date |
02/02/2018 | 02/06/2019 | 02/11/2020 | 02/04/2021 | 02/10/2022 | 02/10/2023 | - | - |
1 NOK in Million 2 NOK |
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Norway helping plug Europe oil gap as Russian barrels head east |
Capitalization (NOK) |
153 778 451 493 |
Capitalization (USD) |
14 626 844 448 |
Net sales (NOK) |
49 882 711 010 |
Net sales (USD) |
4 744 661 216 |
Number of employees |
1 773 |
Sales / Employee (NOK) |
28 134 637 |
Sales / Employee (USD) |
2 676 064 |
Free-Float |
48,6% |
Free-Float capitalization (NOK) |
74 709 242 916 |
Free-Float capitalization (USD) |
7 106 070 222 |
Avg. Exchange 20 sessions (NOK) |
439 776 593 |
Avg. Exchange 20 sessions (USD) |
41 829 943 |
Average Daily Capital Traded |
0,29% |
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
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