D/S NORDEN financials
D/S NORDEN
Country: DK Reporting currency: USD Latest annual report: 2026-06-30
LEI:
529900RGXD3CBR3BRU63 ISIN: DK0060083210 Financial statements
(USD, as reported — unscaled; 89 line items across 3 annual periods)
| Line item | 2026 | 2025-12-31 | 2025-06-30 |
|---|---|---|---|
| Income statement | |||
| Revenue | $1.86B | $3.13B | $1.58B |
| Operating profit (EBIT) | $135.7M | $158.4M | $97.9M |
| Finance costs | $24.7M | $37.0M | $16.6M |
| Profit before tax | $119.0M | $138.8M | $92.1M |
| Income tax expense | $7.0M | $18.5M | $7.6M |
| Profit for the year | $112.0M | $120.3M | $84.5M |
| — attributable to owners | $112.0M | $120.3M | $84.5M |
| Total comprehensive income | $104.4M | $53.9M | $57.2M |
| Per share | |||
| Basic EPS | $4.00 | $4.10 | $2.90 |
| Diluted EPS | $4.00 | $4.10 | $2.90 |
| Cash flow statement | |||
| Net cash from operating activities | $202.3M | $378.2M | $222.2M |
| Net cash from investing activities | -$222.3M | -$41.4M | -$21.5M |
| Net cash from financing activities | -$242.3M | -$228.0M | -$194.4M |
| Dividends paid | $17.6M | $35.5M | $17.6M |
| Proceeds from borrowings | $0 | $26.8M | $26.8M |
| Repayments of borrowings | $400.0K | $10.3M | $8.2M |
| Lease liability payments | $137.0M | $306.4M | $155.5M |
| Balance sheet | |||
| Total assets | $2.60B | $2.37B | $2.25B |
| Non-current assets | $1.50B | $1.44B | $1.25B |
| Property, plant & equipment | $1.35B | $1.31B | $1.10B |
| Right-of-use assets | $398.4M | $382.9M | $331.4M |
| Intangible assets & goodwill | $52.1M | $51.3M | $54.2M |
| Current assets | $1.10B | $930.8M | $1.00B |
| Inventories | $183.3M | $105.7M | $101.9M |
| Trade & other receivables | $120.2M | $174.4M | $192.1M |
| Cash & equivalents | $116.7M | $382.1M | $279.8M |
| Total equity | $1.32B | $1.28B | $1.32B |
| Non-current liabilities | $519.8M | $513.2M | $323.3M |
| Long-term borrowings | $233.5M | $255.2M | $108.2M |
| Lease liabilities (non-current) | $281.3M | $253.0M | $210.1M |
| Current liabilities | $754.2M | $580.7M | $608.2M |
| Short-term borrowings | $48.5M | $50.1M | $22.2M |
| Lease liabilities (current) | $242.3M | $205.5M | $219.2M |
| Derived metrics | |||
| Operating margin | 7.3% | 5.1% | 6.2% |
| Net margin | 6.0% | 3.8% | 5.4% |
| Return on equity | 8.5% | 9.4% | 6.4% |
| Cash conversion ratio | 1.81× | 3.14× | 2.63× |
| Other reported items | |||
| Adjustments To Reconcile Profit Loss Other Than Changes In Working Capital | $62.2M | $259.9M | $112.9M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | $0 | $3.2M | $1.1M |
| Changes In Equity | $47.0M | — | $18.8M |
| Comprehensive Income Attributable To Owners of Parent | $104.4M | $53.9M | $57.2M |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | $1.10B | $904.0M | $844.3M |
| Current Contract Assets | $276.7M | $159.8M | $168.1M |
| Current Contract Liabilities | $90.0M | $69.1M | $68.7M |
| Current Finance Lease Receivables | $83.4M | $39.9M | $55.3M |
| Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | $749.1M | $576.3M | $590.0M |
| Current Loans and Receivables | $2.6M | $4.8M | $9.0M |
| Current Tax Liabilities Current | $21.0M | $16.4M | $8.5M |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | $136.4M | $295.8M | $147.7M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -$3.1M | $6.7M | $6.9M |
| Equity and Liabilities | $2.60B | $2.37B | $2.25B |
| Finance Income | $8.0M | $17.4M | $10.8M |
| Gains Losses On Cash Flow Hedges Net of Tax | $7.5M | -$66.4M | -$27.3M |
| Gains Losses On Exchange Differences On Translation Net of Tax | $100.0K | — | — |
| Income Taxes Paid Refund Classified As Operating Activities | $2.4M | $10.5M | $7.5M |
| Increase Decrease In Cash and Cash Equivalents | -$262.3M | $108.8M | $6.3M |
| Increase Decrease In Working Capital | $7.7M | $73.1M | $13.5M |
| Increase Decrease Through Sharebased Payment Transactions | $3.1M | — | $2.5M |
| Intangible Assets Other Than Goodwill | $7.5M | $6.7M | $9.6M |
| Interest Paid Classified As Financing Activities | $22.3M | $37.0M | $16.6M |
| Interest Received Classified As Investing Activities | $7.9M | $11.1M | $5.2M |
| Investments In Subsidiaries Joint Ventures and Associates | $0 | $15.2M | $13.9M |
| Issued Capital | $4.7M | $4.9M | $4.9M |
| Liabilities | $1.27B | $1.09B | $931.5M |
| Liabilities Included In Disposal Groups Classified As Held For Sale | $5.1M | $4.4M | $18.2M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | $3.0M | $26.8M | $157.8M |
| Noncurrent Finance Lease Receivables | $89.5M | $60.0M | $79.2M |
| Noncurrent Financial Assets | $89.5M | $75.2M | $93.1M |
| Noncurrent Loans and Receivables | $0 | $0 | $0 |
| Noncurrent Prepayments | $66.2M | $42.1M | $43.0M |
| Other Cash Payments To Acquire Interests In Joint Ventures Classified As Investing Activities | $0 | -$1.1M | $0 |
| Other Comprehensive Income | -$7.6M | -$66.4M | -$27.3M |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | -$15.2M | $0 | $0 |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | $7.6M | -$66.4M | -$27.3M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -$15.2M | $0 | $0 |
| Other Current Payables | $62.7M | $43.9M | $46.6M |
| Other Current Receivables | $55.8M | $37.3M | $38.1M |
| Other Noncurrent Payables | $5.0M | $5.0M | $5.0M |
| Other Operating Income Expense | $8.3M | $18.1M | $8.6M |
| Payments To Acquire Or Redeem Entitys Shares | $42.9M | $42.6M | $23.3M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | $309.8M | $584.7M | $295.8M |
| Purchase of Treasury Shares | $42.9M | — | $23.3M |
| Reduction of Issued Capital | $0 | — | $0 |
| Reserve of Cash Flow Hedges | -$17.5M | -$25.1M | $14.0M |
| Retained Earnings | $1.34B | $1.30B | $1.30B |
| Selling General and Administrative Expense | $54.9M | $99.5M | $51.1M |
| Share of Profit Loss of Joint Ventures Accounted For Using Equity Method | $0 | -$100.0K | $0 |
| Ships | $840.3M | $839.3M | $673.0M |
| Trade and Other Current Payables To Trade Suppliers | $284.6M | $191.3M | $224.8M |
Methodology
Every line item above is a fact tagged in D/S NORDEN'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.