BLUENORD ASA financials

BLUENORD ASA

Country: NO Reporting currency: USD Latest annual report: 2024-12-31
LEI: 5967007LIEEXZXGE3C16 ISIN: NO0010379266
Source filing ↗
Financial statements (USD, as reported — unscaled; 87 line items across 3 annual periods)
Line item 202420232022
Income statement
Revenue $702.3M$795.0M
Cost of sales $310.4M$340.1M
Operating expenses $348.4M$373.6M
Employee benefits expense $19.7M$18.0M
Depreciation & amortisation $135.4M$102.6M
Operating profit (EBIT) $218.5M$318.8M
Net finance income / (cost) -$230.6M-$75.2M
Finance costs $256.7M$98.3M
Profit before tax -$12.1M$243.6M
Income tax expense $58.7M$133.7M
Profit for the year -$70.8M$109.8M
Total comprehensive income -$125.0M$122.3M
Per share
Basic EPS $-2.70$4.20
Diluted EPS $-2.70$4.20
Cash flow statement
Cash generated from operations $383.3M$479.7M
Net cash from operating activities $308.5M$249.9M
Net cash from investing activities -$250.3M-$347.6M
Net cash from financing activities $25.6M-$3.9M
Proceeds from borrowings $330.0M$50.0M
Repayments of borrowings $192.5M$0
Lease liability payments $600.0K$400.0K
Balance sheet
Total assets $3.46B$3.41B$3.31B
Non-current assets $2.95B$3.03B$2.72B
Property, plant & equipment $2.57B$2.43B$2.08B
Right-of-use assets $1.5M$1.4M$900.0K
Current assets $514.3M$381.9M$583.9M
Inventories $55.8M$54.7M$55.9M
Trade & other receivables $39.0M$88.7M$128.6M
Cash & equivalents $250.6M$166.7M$268.4M
Total equity $695.6M$813.6M$664.2M
Non-current liabilities $2.27B$1.90B$1.97B
Current liabilities $493.5M$696.4M$673.4M
Trade & other payables $99.4M$125.3M$140.6M
Derived metrics
Operating margin 31.1%40.1%
Net margin -10.1%13.8%
Return on equity -10.2%13.5%
Cash conversion ratio -4.36×2.28×
Other reported items
Adjustments For Decrease Increase In Inventories -$1.1M$1.2M
Adjustments For Decrease Increase In Trade and Other Receivables $31.8M$34.1M
Adjustments For Depreciation Expense $135.4M$102.6M
Adjustments For Finance Costs -$1.8M-$8.4M
Adjustments For Finance Income Cost -$230.6M-$75.2M
Adjustments For Income Tax Expense $58.7M$133.7M
Adjustments For Increase Decrease In Trade and Other Payables -$34.4M$11.5M
Adjustments For Sharebased Payments $1.6M$5.2M
Bonds Issued $303.5M$169.1M$166.9M
Cash Advances and Loans Made To Other Parties Classified As Investing Activities $0$2.8M
Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities -$1.5M$0
Current Derivative Financial Assets $9.5M$71.7M$130.9M
Current Derivative Financial Liabilities $149.5M$89.0M$125.3M
Current Recognised Liabilities Defined Benefit Plan $11.4M$15.4M$9.8M
Current Restricted Cash and Cash Equivalents $157.3M$100.0K$100.0K
Current Tax Assets $2.2M$0$0
Current Tax Liabilities Current $100.0K$140.0M$209.0M
Deferred Tax Assets $159.8M$218.5M$239.1M
Equity and Liabilities $3.46B$3.41B$3.31B
Expense Arising From Exploration For and Evaluation of Mineral Resources $5.9M$1.4M
Finance Income $26.0M$23.1M
Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income -$3.1M-$19.1M
Income Tax Relating To Financial Assets Measured At Fair Value Through Other Comprehensive Income -$64.1M$66.8M
Income Taxes Paid Refund Classified As Operating Activities $74.8M$229.8M
Increase Decrease In Cash and Cash Equivalents $83.8M-$101.6M
Increase Decrease Through Sharebased Payment Transactions $1.3M$4.4M
Increase Decrease Through Transactions With Owners $7.0M$27.2M
Intangible Assets Other Than Goodwill $147.0M$151.6M$160.4M
Interest Paid Classified As Financing Activities $117.0M$53.6M
Interest Received Classified As Operating Activities $7.1M$9.6M
Issue of Equity $4.2M$14.6M
Issued Capital $1.7M$1.7M$1.7M
Liabilities $2.77B$2.60B$2.64B
Longterm Provision For Decommissioning Restoration and Rehabilitation Costs $1.11B$1.03B$946.1M
Noncurrent Derivative Financial Assets $4.8M$14.0M$33.7M
Noncurrent Derivative Financial Liabilities $23.0M$3.2M$90.4M
Noncurrent Receivables $0$3.7M$800.0K
Noncurrent Restricted Cash and Cash Equivalents $61.5M$213.9M$203.7M
Other Comprehensive Income -$54.2M$12.4M
Other Comprehensive Income Net of Tax Exchange Differences On Translation -$3.0M$1.4M
Other Comprehensive Income Net of Tax Exchange Differences On Translation Other Than Translation of Foreign Operations -$3.0M$1.4M
Other Current Financial Liabilities $0$125.0M$0
Other Equity Interest $693.9M$811.9M$662.5M
Other Expense By Nature $12.4M$14.1M
Other Noncurrent Liabilities $1.1M$1.1M$700.0K
Proceeds From Issuing Shares $1.5M$200.0K
Purchase of Exploration and Evaluation Assets $0$100.0K
Purchase of Oil and Gas Assets $236.3M$311.0M
Sale Or Issue of Treasury Shares $1.5M
Secured Bank Loans Received $834.3M$695.8M$764.0M
Methodology

Every line item above is a fact tagged in BLUENORD 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.