PGS ASA financials
PGS ASA
213800T66DRTE6O6BV87 | Line item | 2023 | 2022 |
|---|---|---|
| Income statement | ||
| Cost of sales | $285.8M | $324.7M |
| Other income | $800.0K | $0 |
| Operating expenses | $624.1M | $719.1M |
| Operating profit (EBIT) | $97.4M | $106.0M |
| Profit before tax | -$5.5M | -$6.7M |
| Income tax expense | $9.0M | $26.1M |
| Profit for the year | -$14.5M | -$32.8M |
| Per share | ||
| Basic EPS | $-0.02 | $-0.06 |
| Diluted EPS | $-0.02 | $-0.06 |
| Free cash flow / share | $0.52 | $0.59 |
| Cash flow statement | ||
| Net cash from operating activities | $467.2M | $371.3M |
| Income taxes paid | $20.2M | $22.5M |
| Net cash from investing activities | -$285.2M | -$161.8M |
| Purchase of PP&E (capex) | $89.2M | $48.6M |
| Net cash from financing activities | -$368.1M | -$15.7M |
| Repayments of borrowings | $798.3M | $170.1M |
| Lease liability payments | $32.0M | $36.1M |
| Balance sheet | ||
| Total assets | $1.82B | $1.95B |
| Non-current assets | $1.24B | $1.20B |
| Current assets | $572.5M | $751.4M |
| Trade & other receivables | $173.1M | $169.4M |
| Cash & equivalents | $177.7M | $363.8M |
| Total equity | $527.7M | $510.3M |
| Non-current liabilities | $672.2M | $718.4M |
| Long-term borrowings | $623.4M | $659.7M |
| Lease liabilities (non-current) | $45.0M | $54.3M |
| Current liabilities | $616.7M | $724.6M |
| Lease liabilities (current) | $35.8M | $32.9M |
| Deferred tax liabilities | $100.0K | $100.0K |
| Derived metrics | ||
| Free cash flow | $378.0M | $322.7M |
| Operating margin | 13.5% | 12.8% |
| Net margin | -2.0% | -4.0% |
| Return on equity | -2.7% | -6.4% |
| Cash conversion ratio | -32.22× | -11.32× |
| Capex coverage | 5.24× | 7.64× |
| Other reported items | ||
| Additional Paidin Capital | $1.06B | $1.04B |
| Adjustments For Decrease Increase In Trade and Other Receivables | $57.1M | -$124.7M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | $290.5M | $354.2M |
| Adjustments For Increase Decrease In Deferred Income Including Contract Liabilities | $67.0M | $31.0M |
| Adjustments For Increase Decrease In Trade Account Payable | $23.7M | $1.2M |
| Adjustments For Interest Expense | $110.1M | $110.3M |
| Adjustments For Interest Income | $20.1M | $7.0M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | $0 | -$1.0M |
| Adjustments For Undistributed Profits of Associates | $1.7M | -$4.9M |
| Comprehensive Income Attributable To Owners of Parent | -$23.0M | $8.2M |
| Current Borrowings and Current Portion of Noncurrent Borrowings | $131.1M | $367.1M |
| Current Deferred Income Including Current Contract Liabilities | $206.0M | $154.4M |
| Current Restricted Cash and Cash Equivalents | $5.0M | $11.6M |
| Current Tax Liabilities Current | $23.8M | $20.4M |
| Deferred Tax Assets | $16.3M | $0 |
| Equity and Liabilities | $1.82B | $1.95B |
| Increase Decrease In Cash and Cash Equivalents | -$186.1M | $193.8M |
| Increase Decrease Through Conversion of Convertible Instruments | — | $14.8M |
| Interest Expense | $110.1M | $110.3M |
| Issue of Equity | $39.8M | $241.4M |
| Issued Capital | $325.9M | $313.2M |
| Noncurrent Restricted Cash and Cash Equivalents | $53.4M | $59.2M |
| Other Adjustments To Reconcile Profit Loss | $13.9M | $6.6M |
| Other Comprehensive Income | -$8.5M | $41.0M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | -$1.3M | $2.6M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | -$7.2M | $38.4M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -$1.3M | $2.6M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -$7.2M | $38.4M |
| Other Current Assets | $79.6M | $61.7M |
| Other Finance Income Cost | $5.5M | $2.6M |
| Other Intangible Assets | $74.9M | $73.4M |
| Other Noncurrent Assets | $34.1M | $28.6M |
| Other Noncurrent Liabilities | $3.7M | $4.3M |
| Other Operating Income Expense | $100.0K | $5.7M |
| Other Reserves | -$5.4M | -$4.1M |
| Payments For Share Issue Costs | $800.0K | — |
| Payments To Acquire Or Redeem Entitys Shares | $1.3M | $400.0K |
| Proceeds From Disposals of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | $0 | $1.2M |
| Proceeds From Issuing Shares | $39.8M | $241.4M |
| Purchase of Treasury Shares | $1.3M | $400.0K |
| Research and Development Expense | $5.9M | $6.9M |
| Retained Earnings | -$856.3M | -$834.6M |
| Revenue and Operating Income | $721.5M | $825.1M |
| Revenue From Contracts With Customers | $720.7M | $825.1M |
| Selling General and Administrative Expense | $42.0M | $38.9M |
| Share Issue Related Cost | $800.0K | — |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | $0 | $0 |
| Share of Profit Loss of Associates Accounted For Using Equity Method | $1.7M | -$5.0M |
| Trade and Other Current Payables To Trade Suppliers | $69.2M | $45.6M |
| Treasury Shares | $400.0K | $100.0K |
Every line item above is a fact tagged in PGS 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.