PROSAFE SE financials

PROSAFE SE

Country: NO Reporting currency: USD Latest annual report: 2023-12-31
LEI: 2138001LK2Z2HSER4U15
Source filing ↗
Financial statements (USD, as reported — unscaled; 70 line items across 2 annual periods)
Line item 20232022
Income statement
Revenue $97.7M$198.9M
Employee benefits expense $45.5M$59.2M
Operating profit (EBIT) -$41.6M$31.9M
Net finance income / (cost) -$31.6M-$22.1M
Profit before tax -$73.2M$9.8M
Income tax expense -$5.4M$8.3M
Profit for the year -$67.8M$1.5M
— attributable to owners -$67.8M$1.5M
Total comprehensive income -$66.6M$100.0K
Per share
Basic EPS $-6.00$0.17
Diluted EPS $-6.00$0.17
Free cash flow / share $-4.35$4.42
Cash flow statement
Net cash from operating activities -$11.5M$49.2M
Income taxes paid $2.5M$1.0M
Net cash from investing activities -$33.9M-$9.5M
Purchase of PP&E (capex) $37.7M$10.2M
Net cash from financing activities $28.4M-$22.0M
Repayments of borrowings $6.4M$4.4M
Balance sheet
Total assets $492.7M$500.0M
Non-current assets $385.5M$378.0M
Current assets $107.2M$122.0M
Trade & other receivables $14.6M$20.6M
Cash & equivalents $74.6M$91.6M
Total equity $33.8M$37.3M
Non-current liabilities $417.3M$420.4M
Long-term borrowings $415.5M$418.5M
Current liabilities $41.6M$42.3M
Short-term borrowings $4.0M$3.7M
Derived metrics
Free cash flow -$49.2M$39.0M
Operating margin -42.6%16.0%
Net margin -69.4%0.8%
Return on equity -200.6%4.0%
Cash conversion ratio 0.17×32.80×
Capex coverage -0.30×4.82×
Other reported items
Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss $31.1M$29.5M
Adjustments For Interest Expense $30.9M$18.7M
Adjustments For Interest Income $2.1M$700.0K
Adjustments For Losses Gains On Disposal of Noncurrent Assets -$1.7M$500.0K
Adjustments For Sharebased Payments $400.0K$900.0K
Comprehensive Income Attributable To Owners of Parent -$66.6M$100.0K
Current Tax Liabilities Current $10.1M$18.0M
Depreciation Expense $31.1M$29.5M
Equity and Liabilities $492.7M$500.0M
Increase Decrease In Cash and Cash Equivalents -$17.0M$17.7M
Increase Decrease In Working Capital -$4.6M$10.4M
Increase Decrease Through Sharebased Payment Transactions $400.0K$900.0K
Interest Expense $30.9M$18.7M
Interest Paid Classified As Financing Activities $28.0M$14.1M
Interest Received Classified As Investing Activities $2.1M$700.0K
Issue of Equity $62.7M
Issued Capital $24.8M$12.4M
Other Comprehensive Income $1.2M-$1.4M
Other Comprehensive Income Net of Tax Exchange Differences On Translation $1.3M-$1.3M
Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans -$100.0K-$100.0K
Other Current Assets $18.0M$9.8M
Other Current Liabilities $23.4M$17.5M
Other Expense By Nature $62.7M$78.3M
Other Finance Cost $2.8M$4.7M
Other Finance Income $0$600.0K
Other Inflows Outflows of Cash Classified As Operating Activities $1.0M$1.9M
Other Noncurrent Liabilities $1.8M$1.9M
Other Property Plant and Equipment $1.8M$1.2M
Other Revenue $4.5M$29.6M
Payments For Debt Issue Costs $0$3.5M
Proceeds From Issuing Shares $62.8M$0
Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities $1.7M$0
Reduction of Issued Capital $0
Revenue From Interest $2.1M$700.0K
Ships $383.7M$376.8M
Trade and Other Current Payables To Trade Suppliers $4.1M$3.1M
Methodology

Every line item above is a fact tagged in PROSAFE SE'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.