EIDESVIK OFFSHORE ASA financials
EIDESVIK OFFSHORE ASA
Country: NO Reporting currency: NOK Latest annual report: 2024-12-31
LEI:
5967007LIEEXZXFOMO31 Financial statements
(NOK, as reported — unscaled; 90 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Other income | NOK 15.7M | NOK 51.3M |
| Operating expenses | NOK 471.0M | NOK 438.8M |
| Employee benefits expense | NOK 342.0M | NOK 318.0M |
| Operating profit (EBIT) | NOK 124.3M | NOK 577.2M |
| Net finance income / (cost) | -NOK 18.3M | -NOK 44.0M |
| Finance costs | NOK 30.8M | NOK 75.3M |
| Profit before tax | NOK 106.0M | NOK 533.2M |
| Income tax expense | NOK 2.3M | -NOK 11.0K |
| Profit for the year | NOK 103.7M | NOK 533.2M |
| — attributable to owners | NOK 82.7M | NOK 514.7M |
| — attributable to NCI | NOK 20.9M | NOK 18.5M |
| Total comprehensive income | NOK 103.7M | NOK 532.3M |
| Per share | ||
| Basic EPS | NOK 1.13 | NOK 7.05 |
| Diluted EPS | NOK 1.13 | NOK 7.05 |
| Free cash flow / share | NOK -2.30 | NOK -1.82 |
| Cash flow statement | ||
| Net cash from operating activities | NOK 368.7M | NOK 251.3M |
| Net cash from investing activities | -NOK 531.1M | -NOK 172.6M |
| Purchase of PP&E (capex) | NOK 580.1M | NOK 388.6M |
| Net cash from financing activities | NOK 56.4M | -NOK 236.8M |
| Dividends paid | NOK 18.2M | — |
| Proceeds from borrowings | NOK 145.8M | NOK 1.57B |
| Repayments of borrowings | NOK 122.6M | NOK 1.93B |
| Lease liability payments | NOK 9.1M | NOK 7.8M |
| Balance sheet | ||
| Total assets | NOK 2.94B | NOK 2.72B |
| Non-current assets | NOK 2.32B | NOK 1.93B |
| Right-of-use assets | NOK 69.8M | NOK 76.5M |
| Current assets | NOK 621.6M | NOK 785.5M |
| Trade & other receivables | NOK 171.8M | NOK 227.5M |
| Cash & equivalents | NOK 395.8M | NOK 498.8M |
| Total equity | NOK 1.83B | NOK 1.62B |
| — attributable to owners | NOK 1.57B | NOK 1.50B |
| Non-controlling interests | NOK 259.9M | NOK 112.9M |
| Non-current liabilities | NOK 763.7M | NOK 748.2M |
| Long-term borrowings | NOK 698.0M | NOK 678.4M |
| Lease liabilities (non-current) | NOK 63.4M | NOK 69.6M |
| Current liabilities | NOK 346.5M | NOK 352.2M |
| Short-term borrowings | NOK 126.0M | NOK 123.5M |
| Lease liabilities (current) | NOK 9.0M | NOK 8.0M |
| Deferred tax liabilities | NOK 2.3M | NOK 0 |
| Derived metrics | ||
| Free cash flow | -NOK 211.4M | -NOK 137.3M |
| Return on equity | 5.7% | 33.0% |
| Cash conversion ratio | 3.56× | 0.47× |
| Capex coverage | 0.64× | 0.65× |
| Other reported items | ||
| Cash Receipts From Repayment of Advances and Loans Made To Other Parties Classified As Investing Activities | NOK 49.0M | NOK 49.9M |
| Comprehensive Income Attributable To Noncontrolling Interests | NOK 20.9M | NOK 18.5M |
| Comprehensive Income Attributable To Owners of Parent | NOK 82.7M | NOK 513.8M |
| Construction In Progress | NOK 412.0M | NOK 0 |
| Current Derivative Financial Assets | NOK 8.1M | NOK 14.3M |
| Current Tax Liabilities Current | NOK 0 | NOK 5.0K |
| Depreciation Expense | NOK 180.7M | NOK 161.0M |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | NOK 18.2M | NOK 0 |
| Dividends Paid To Noncontrolling Interests Classified As Financing Activities | NOK 0 | NOK 64.3M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | NOK 3.0M | NOK 1.3M |
| Equity and Liabilities | NOK 2.94B | NOK 2.72B |
| Finance Income | NOK 20.8M | NOK 19.7M |
| Gains Losses On Change In Fair Value of Derivatives | NOK 3.7M | NOK 10.9M |
| Gains Losses On Disposals of Property Plant and Equipment | NOK 0 | NOK 21.6M |
| Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss | -NOK 11.9M | NOK 771.0K |
| Increase Decrease In Cash and Cash Equivalents | -NOK 103.0M | -NOK 156.8M |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | NOK 126.1M | NOK 31.1M |
| Increase Decrease Through Transfers and Other Changes Equity | NOK 0 | -NOK 102.0K |
| Interest Paid Classified As Financing Activities | NOK 64.6M | NOK 65.9M |
| Interest Received Classified As Operating Activities | NOK 19.1M | NOK 14.0M |
| Investments In Associates Accounted For Using Equity Method | NOK 4.2M | NOK 3.7M |
| Investments In Joint Ventures Accounted For Using Equity Method | NOK 133.3M | NOK 132.9M |
| Issue of Equity | — | NOK 124.3M |
| Issued Capital | NOK 3.6M | NOK 3.6M |
| Liabilities | NOK 1.11B | NOK 1.10B |
| Noncurrent Derivative Financial Assets | NOK 0 | NOK 3.1M |
| Noncurrent Recognised Liabilities Defined Benefit Plan | NOK 0 | NOK 189.0K |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | NOK 0 | -NOK 962.0K |
| Other Current Assets | NOK 45.9M | NOK 44.9M |
| Other Current Liabilities | NOK 169.3M | NOK 176.7M |
| Other Expense By Nature | NOK 129.0M | NOK 120.8M |
| Other Noncurrent Receivables | NOK 0 | NOK 20.9M |
| Other Property Plant and Equipment | NOK 19.5M | NOK 18.3M |
| Other Reserves | NOK 0 | -NOK 1.3M |
| Proceeds From Contributions of Noncontrolling Interests | NOK 125.2M | NOK 0 |
| Proceeds From Issuing Shares | NOK 0 | NOK 28.3M |
| Proceeds From Sales of Investments Other Than Investments Accounted For Using Equity Method | NOK 0 | NOK 37.3M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | NOK 0 | NOK 128.8M |
| Receipts From Sales of Goods and Rendering of Services | NOK 830.9M | NOK 613.7M |
| Retained Earnings | NOK 1.26B | NOK 1.20B |
| Revenue and Operating Income | NOK 775.1M | NOK 772.4M |
| Revenue From Rendering of Cargo and Mail Transport Services | NOK 759.4M | NOK 699.5M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | NOK 839.0K | -NOK 4.4M |
| Share Premium | NOK 301.1M | NOK 301.1M |
| Ships | NOK 1.68B | NOK 1.68B |
| Trade and Other Current Payables To Trade Suppliers | NOK 42.1M | NOK 44.1M |
| Writedowns Reversals of Property Plant and Equipment | NOK 0 | -NOK 409.1M |
Methodology
Every line item above is a fact tagged in EIDESVIK OFFSHORE 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 (NOK), 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.