GLITRE ENERGI AS financials
GLITRE ENERGI AS
Country: NO Reporting currency: NOK Latest annual report: 2021-12-31
LEI:
549300HCU5UK337LWW64 Financial statements
(NOK, as reported — unscaled; 99 line items across 2 annual periods)
| Line item | 2021 | 2020 |
|---|---|---|
| Income statement | ||
| Operating expenses | NOK 1.64B | NOK 1.23B |
| Employee benefits expense | NOK 252.3M | NOK 230.7M |
| Operating profit (EBIT) | NOK 845.1M | NOK 338.3M |
| Net finance income / (cost) | NOK 51.6M | -NOK 18.5M |
| Profit before tax | NOK 896.7M | NOK 319.8M |
| Income tax expense | NOK 177.0M | NOK 55.3M |
| Profit for the year | NOK 326.4M | NOK 275.1M |
| — attributable to owners | NOK 320.7M | NOK 219.3M |
| — attributable to NCI | NOK 5.6M | NOK 55.8M |
| Total comprehensive income | -NOK 190.8M | NOK 389.8M |
| Cash flow statement | ||
| Net cash from operating activities | NOK 969.9M | NOK 104.3M |
| Net cash from investing activities | -NOK 716.6M | -NOK 47.7M |
| Purchase of PP&E (capex) | NOK 365.6M | NOK 263.8M |
| Net cash from financing activities | NOK 180.6M | -NOK 68.1M |
| Dividends paid | NOK 169.5M | NOK 222.1M |
| Lease liability payments | NOK 5.1M | NOK 11.4M |
| Balance sheet | ||
| Total assets | NOK 12.43B | NOK 10.89B |
| Non-current assets | NOK 10.29B | NOK 10.03B |
| Property, plant & equipment | NOK 5.93B | NOK 5.62B |
| Right-of-use assets | NOK 3.00B | NOK 3.00B |
| Intangible assets & goodwill | NOK 164.7M | NOK 161.5M |
| Current assets | NOK 2.14B | NOK 852.0M |
| Trade & other receivables | NOK 161.6M | NOK 101.8M |
| Cash & equivalents | NOK 643.2M | NOK 209.4M |
| Total equity | NOK 4.09B | NOK 4.45B |
| Non-controlling interests | NOK 697.9M | NOK 716.9M |
| Non-current liabilities | NOK 4.99B | NOK 5.14B |
| Long-term borrowings | NOK 1.72B | NOK 1.85B |
| Current liabilities | NOK 3.36B | NOK 1.30B |
| Short-term borrowings | NOK 1.15B | NOK 535.6M |
| Deferred tax liabilities | NOK 2.62B | NOK 2.72B |
| Derived metrics | ||
| Free cash flow | NOK 604.3M | -NOK 159.5M |
| Return on equity | 8.0% | 6.2% |
| Cash conversion ratio | 2.97× | 0.38× |
| Capex coverage | 2.65× | 0.40× |
| Other reported items | ||
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | NOK 176.6M | NOK 179.1M |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | NOK 134.0K | NOK 367.0K |
| Adjustments For Gains Losses On Change In Fair Value of Derivatives | NOK 7.1M | -NOK 15.1M |
| Adjustments For Undistributed Profits of Associates | NOK 100.2M | NOK 66.6M |
| Cash | NOK 643.2M | NOK 209.4M |
| Cash Advances and Loans Made To Other Parties Classified As Investing Activities | NOK 2.5M | NOK 12.0M |
| Cash and Cash Equivalents In Subsidiary Or Businesses Acquired Or Disposed2013 | NOK 0 | -NOK 3.7M |
| Cash Receipts From Repayment of Advances and Loans Made To Other Parties Classified As Investing Activities | NOK 29.5M | NOK 27.5M |
| Comprehensive Income Attributable To Noncontrolling Interests | NOK 10.8M | NOK 50.5M |
| Comprehensive Income Attributable To Owners of Parent | -NOK 201.7M | NOK 339.3M |
| Current Tax Liabilities Current | NOK 563.7M | NOK 78.8M |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | NOK 176.6M | NOK 179.1M |
| Dividends Received Classified As Investing Activities | NOK 34.5M | NOK 25.5M |
| Equity and Liabilities | NOK 12.43B | NOK 10.89B |
| Gains Losses On Change In Fair Value of Derivatives | NOK 7.1M | -NOK 15.1M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | -NOK 149.5M | NOK 40.9M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | NOK 4.9M | -NOK 6.7M |
| Income Taxes Paid Refund Classified As Operating Activities | NOK 32.0M | NOK 274.5M |
| Increase Decrease In Cash and Cash Equivalents | NOK 433.8M | -NOK 11.5M |
| Increase Decrease In Working Capital | -NOK 34.6M | NOK 58.0M |
| Increase Decrease Through Change In Equity of Subsidiaries | — | -NOK 1.4M |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | -NOK 9.2M | — |
| Intangible Assets Other Than Goodwill | NOK 47.0M | NOK 43.8M |
| Interest Expense | NOK 12.0M | NOK 13.9M |
| Interest Paid Classified As Operating Activities | NOK 56.1M | NOK 95.8M |
| Interest Received Classified As Operating Activities | NOK 6.8M | NOK 9.0M |
| Investments In Associates Accounted For Using Equity Method | NOK 1.01B | NOK 929.1M |
| Noncurrent Financial Assets | NOK 1.20B | NOK 1.26B |
| Noncurrent Investments Other Than Investments Accounted For Using Equity Method | NOK 5.1M | NOK 5.1M |
| Noncurrent Recognised Liabilities Defined Benefit Plan | NOK 30.9M | NOK 75.7M |
| Other Adjustments For Which Cash Effects Are Investing Or Financing Cash Flow | NOK 1.3M | -NOK 327.0K |
| Other Comprehensive Income | -NOK 517.2M | NOK 114.7M |
| Other Comprehensive Income Before Tax Cash Flow Hedges | -NOK 679.4M | NOK 185.9M |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | -NOK 725.0K | NOK 588.0K |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | NOK 22.4M | -NOK 30.3M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -NOK 530.7M | NOK 145.7M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | NOK 13.4M | -NOK 31.0M |
| Other Current Financial Assets | NOK 555.3M | NOK 117.3M |
| Other Current Financial Liabilities | NOK 958.4M | NOK 90.3M |
| Other Current Payables | NOK 473.6M | NOK 469.4M |
| Other Current Receivables | NOK 782.7M | NOK 423.5M |
| Other Expense By Nature | NOK 374.0M | NOK 332.3M |
| Other Finance Cost | NOK 54.0M | NOK 73.1M |
| Other Finance Income | NOK 8.9M | NOK 15.3M |
| Other Noncurrent Financial Assets | NOK 52.6M | NOK 157.6M |
| Other Noncurrent Financial Liabilities | NOK 238.2M | NOK 115.5M |
| Other Noncurrent Receivables | NOK 134.9M | NOK 163.2M |
| Proceeds From Current Borrowings | NOK 800.0M | NOK 800.0M |
| Proceeds From Noncurrent Borrowings | NOK 300.0M | NOK 300.0M |
| Proceeds From Sales of Investments Other Than Investments Accounted For Using Equity Method | NOK 0 | NOK 8.9M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | NOK 414.0K | NOK 733.0K |
| Purchase of Investments Other Than Investments Accounted For Using Equity Method | NOK 13.8M | NOK 24.0M |
| Repayments of Current Borrowings | NOK 600.0M | NOK 400.0M |
| Repayments of Noncurrent Borrowings | NOK 135.6M | NOK 534.6M |
| Restricted Cash and Cash Equivalents | NOK 180.1M | NOK 27.9M |
| Revenue and Operating Income | NOK 2.49B | NOK 1.56B |
| Revenue From Interest | NOK 1.5M | NOK 1.7M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Before Tax | NOK 0 | NOK 105.0K |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Before Tax | -NOK 4.0M | -NOK 7.3M |
| Share of Profit Loss of Associates Accounted For Using Equity Method | NOK 100.2M | NOK 66.6M |
| Subordinated Liabilities | NOK 374.1M | NOK 374.1M |
| Tax Expense Other Than Income Tax Expense | NOK 393.4M | -NOK 10.6M |
| Trade and Other Current Payables To Trade Suppliers | NOK 209.2M | NOK 126.0M |
| Undrawn Borrowing Facilities | NOK 1.25B | — |
Methodology
Every line item above is a fact tagged in GLITRE ENERGI AS'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.