Odfjell Technology Ltd financials
Odfjell Technology Ltd
Country: NO Reporting currency: NOK Latest annual report: 2024-12-31
LEI:
529900ZYHGCPTAD1R169 Financial statements
(NOK, as reported — unscaled; 87 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | NOK 5.43B | NOK 5.02B |
| Operating expenses | NOK 4.97B | NOK 4.56B |
| Employee benefits expense | NOK 3.39B | NOK 3.03B |
| Operating profit (EBIT) | NOK 490.7M | NOK 492.1M |
| Net finance income / (cost) | -NOK 197.7M | -NOK 135.7M |
| Profit before tax | NOK 295.2M | NOK 361.5M |
| Income tax expense | NOK 42.0M | NOK 17.3M |
| Profit for the year | NOK 253.2M | NOK 344.2M |
| — attributable to owners | NOK 253.2M | NOK 344.2M |
| Total comprehensive income | NOK 457.6M | NOK 391.7M |
| Per share | ||
| Basic EPS | NOK 6.42 | NOK 8.72 |
| Diluted EPS | NOK 6.24 | NOK 8.53 |
| Free cash flow / share | NOK 3.82 | NOK 11.41 |
| Cash flow statement | ||
| Cash generated from operations | NOK 706.8M | NOK 878.5M |
| Net cash from operating activities | NOK 519.7M | NOK 698.0M |
| Income taxes paid | NOK 0 | NOK 307.2M |
| Net cash from investing activities | -NOK 375.2M | -NOK 221.9M |
| Purchase of PP&E (capex) | NOK 364.5M | NOK 237.4M |
| Net cash from financing activities | -NOK 253.6M | -NOK 395.1M |
| Dividends paid | NOK 165.1M | NOK 100.0M |
| Proceeds from borrowings | NOK 875.8M | NOK 0 |
| Repayments of borrowings | NOK 925.0M | NOK 268.9M |
| Lease liability payments | NOK 39.3M | NOK 26.2M |
| Balance sheet | ||
| Total assets | NOK 4.18B | NOK 3.69B |
| Non-current assets | NOK 2.14B | NOK 1.83B |
| Intangible assets & goodwill | NOK 339.6M | NOK 257.3M |
| Current assets | NOK 2.03B | NOK 1.86B |
| Cash & equivalents | NOK 576.2M | NOK 658.8M |
| Total equity | NOK 1.38B | NOK 1.08B |
| Non-current liabilities | NOK 1.63B | NOK 1.58B |
| Long-term borrowings | NOK 1.08B | NOK 1.09B |
| Lease liabilities (non-current) | NOK 139.6M | NOK 132.6M |
| Current liabilities | NOK 1.18B | NOK 1.04B |
| Current portion of long-term borrowings | NOK 3.1M | NOK 10.3M |
| Lease liabilities (current) | NOK 48.7M | NOK 37.0M |
| Deferred tax liabilities | NOK 2.2M | NOK 3.4M |
| Derived metrics | ||
| Free cash flow | NOK 155.2M | NOK 460.6M |
| Operating margin | 9.0% | 9.8% |
| Net margin | 4.7% | 6.9% |
| Return on equity | 18.4% | 32.0% |
| Cash conversion ratio | 2.05× | 2.03× |
| Capex coverage | 1.43× | 2.94× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | -NOK 6.9M | -NOK 16.1M |
| Adjustments For Decrease Increase In Trade Account Receivable | -NOK 140.5M | -NOK 33.2M |
| Adjustments For Depreciation and Amortisation Expense | NOK 334.3M | NOK 348.0M |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | -NOK 22.3M | -NOK 26.9M |
| Adjustments For Increase Decrease In Trade Account Payable | -NOK 8.3M | NOK 65.4M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | -NOK 2.2M | -NOK 5.1M |
| Adjustments For Unrealised Foreign Exchange Losses Gains | NOK 32.6M | NOK 10.9M |
| Cash Advances and Loans Made To Related Parties | NOK 0 | NOK 18.0M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | NOK 36.5M | NOK 0 |
| Comprehensive Income Attributable To Owners of Parent | NOK 457.6M | NOK 391.7M |
| Current Tax Assets Noncurrent | NOK 307.2M | NOK 307.2M |
| Current Tax Liabilities | NOK 83.3M | NOK 56.1M |
| Deferred Tax Assets | NOK 126.1M | NOK 93.3M |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | NOK 334.3M | NOK 348.0M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | NOK 26.4M | NOK 17.7M |
| Equity and Liabilities | NOK 4.18B | NOK 3.69B |
| Income Taxes Paid Refund Classified As Operating Activities | -NOK 69.3M | -NOK 51.6M |
| Increase Decrease In Cash and Cash Equivalents | -NOK 82.6M | NOK 98.7M |
| Increase Decrease Through Sharebased Payment Transactions | NOK 6.0M | NOK 6.0M |
| Increase Decrease Through Transactions With Owners | -NOK 159.0M | -NOK 93.9M |
| Interest Expense | NOK 184.5M | NOK 159.0M |
| Investment Accounted For Using Equity Method | NOK 87.1M | NOK 75.0M |
| Liabilities | NOK 2.80B | NOK 2.62B |
| Miscellaneous Other Operating Expense | NOK 1.25B | NOK 1.18B |
| Noncurrent Derivative Financial Assets | NOK 8.9M | NOK 11.7M |
| Other Adjustments For Noncash Items | NOK 5.4M | NOK 14.3M |
| Other Comprehensive Income | NOK 204.4M | NOK 47.5M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | -NOK 2.1M | -NOK 2.0M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | NOK 210.5M | NOK 58.4M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | -NOK 4.0M | -NOK 8.9M |
| Other Current Assets | NOK 192.1M | NOK 150.0M |
| Other Current Liabilities | NOK 679.5M | NOK 595.6M |
| Other Finance Income Cost | -NOK 34.6M | -NOK 2.5M |
| Other Gains Losses | NOK 32.3M | NOK 26.9M |
| Other Inflows Outflows of Cash Classified As Investing Activities | NOK 2.0M | NOK 600.0K |
| Other Noncurrent Assets | NOK 63.6M | NOK 49.0M |
| Other Noncurrent Liabilities | NOK 48.5M | NOK 0 |
| Other Noncurrent Nonfinancial Liabilities | NOK 307.2M | NOK 307.2M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | NOK 23.9M | NOK 32.8M |
| Provisions For Employee Benefits | NOK 46.4M | NOK 48.3M |
| Revenue From Interest | NOK 21.3M | NOK 25.9M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | NOK 2.2M | NOK 5.1M |
| Spare Parts | NOK 60.7M | NOK 45.9M |
| Trade and Other Payables To Trade Suppliers | NOK 361.4M | NOK 338.9M |
| Trade Receivables | NOK 1.20B | NOK 1.01B |
Methodology
Every line item above is a fact tagged in Odfjell Technology Ltd'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.