BELSHIPS ASA financials

BELSHIPS ASA

Country: NO Reporting currency: USD Latest annual report: 2023-12-31
LEI: 5967007LIEEXZXJCKO49
Source filing ↗
Financial statements (USD, as reported — unscaled; 81 line items across 2 annual periods)
Line item 20232022
Income statement
Operating expenses $270.2M$504.4M
Employee benefits expense $3.8M$5.3M
Depreciation & amortisation $45.7M$39.0M
Operating profit (EBIT) $112.5M$206.2M
Net finance income / (cost) -$27.5M-$29.2M
Profit before tax $85.0M$177.0M
Income tax expense $7.6M$2.0M
Profit for the year $86.2M$175.1M
— attributable to owners $75.9M$146.9M
— attributable to NCI $10.3M$28.2M
Total comprehensive income $86.2M$174.9M
Per share
Basic EPS $0.34$0.69
Diluted EPS $0.34$0.69
Cash flow statement
Net cash from operating activities $120.9M$171.6M
Income taxes paid $1.5M$4.7M
Net cash from investing activities $35.9M-$23.0M
Net cash from financing activities -$168.4M-$113.9M
Dividends paid $79.0M$143.4M
Balance sheet
Total assets $932.9M$1.00B
Non-current assets $745.4M$788.2M
Current assets $187.5M$212.1M
Trade & other receivables $4.0M$14.9M
Cash & equivalents $128.3M$139.9M
Total equity $305.6M$297.3M
Non-controlling interests $34.9M$40.1M
Long-term borrowings $536.7M$555.2M
Current liabilities $83.1M$146.0M
Current portion of long-term borrowings $26.7M$50.1M
Deferred tax liabilities $6.5M$107.0K
Derived metrics
Return on equity 28.2%58.9%
Cash conversion ratio 1.40×0.98×
Other reported items
Adjustments For Finance Income Cost -$27.5M-$29.2M
Adjustments For Increase Decrease In Employee Benefit Liabilities $0$13.0K
Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method $6.4M$31.1M
Basic Earnings Loss Per Share From Continuing Operations $0.31$0.69
Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities $10.7M$0
Comprehensive Income Attributable To Noncontrolling Interests $10.3M$28.2M
Comprehensive Income Attributable To Owners of Parent $75.9M$146.8M
Comprehensive Income From Continuing Operations Attributable To Owners of Parent $67.1M$146.6M
Comprehensive Income From Discontinued Operations Attributable To Owners of Parent $8.8M$141.0K
Current Payables On Social Security and Taxes Other Than Income Tax $266.0K$5.5M
Current Restricted Cash and Cash Equivalents $171.0K$2.6M
Current Tax Liabilities Current $1.1M$1.8M
Diluted Earnings Loss Per Share From Continuing Operations $0.30$0.69
Dividends Paid To Equity Holders of Parent Classified As Financing Activities $79.0M$143.4M
Dividends Received Classified As Operating Activities $26.2M$14.6M
Equity and Liabilities $932.9M$1.00B
Finance Costs Paid Classified As Operating Activities $700.0K$1.3M
Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss $1.0M-$2.2M
General and Administrative Expense $1.4M$1.8M
Increase Decrease In Cash and Cash Equivalents -$11.6M$34.7M
Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control -$303.0K$13.0K
Interest Expense $33.2M$26.1M
Interest Paid Classified As Operating Activities $33.2M$26.1M
Interest Received Classified As Operating Activities $2.5M$962.0K
Investment Accounted For Using Equity Method $9.9M$29.5M
Issue of Equity $56.0K
Liabilities $627.3M$703.0M
Noncurrent Financial Assets $12.9M$30.6M
Noncurrent Recognised Liabilities Defined Benefit Plan $954.0K$865.0K
Noncurrent Restricted Cash and Cash Equivalents $0$113.0K
Other Comprehensive Income -$29.0K-$116.0K
Other Comprehensive Income Net of Tax Exchange Differences On Translation -$29.0K-$129.0K
Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans $0$13.0K
Other Current Liabilities $47.2M$81.7M
Other Current Receivables $46.6M$42.7M
Other Finance Income Cost $2.1M-$1.9M
Other Gains Losses $350.0K$1.3M
Other Noncurrent Liabilities $0$757.0K
Other Noncurrent Receivables $3.0M$963.0K
Portfolio and Other Management Fee Income $3.4M$4.2M
Proceeds From Noncurrent Borrowings $18.9M$66.6M
Profit Loss From Continuing Operations $77.4M$174.9M
Profit Loss From Discontinued Operations $8.8M$141.0K
Repayments of Noncurrent Borrowings $108.3M$37.0M
Retained Earnings $128.9M$98.9M
Revenue and Operating Income $427.8M$726.0M
Revenue From Interest $2.5M$958.0K
Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method $6.4M$31.0M
Ships $731.6M$747.0M
Trade and Other Current Payables To Trade Suppliers $7.8M$6.9M
Methodology

Every line item above is a fact tagged in BELSHIPS ASA's annual report filed in the European Single Electronic Format (ESEF) under the IFRS taxonomy (ifrs-full) — the income statement, balance sheet and cash-flow statement as the filer reported them. Values are shown as-is, in the reporting currency (USD), without rescaling; the row labels map to the underlying concept name (e.g. Revenue → ifrs-full:Revenue, Operating profit → ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS → ifrs-full:DilutedEarningsLossPerShare), and any concept without a curated label is shown under “Other reported items” with its de-camel-cased tag name. Only consolidated, default-member facts are shown (segment / dimensional breakdowns are excluded).

“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.

Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.