SATS ASA financials

SATS ASA

Country: NO Reporting currency: NOK Latest annual report: 2024-12-31

LEI: 549300UWBMWYM7YQRF97

Financial statements (NOK, as reported — unscaled; 92 line items across 2 annual periods)

Line item	2024	2023
Income statement
Revenue	NOK 5.06B	NOK 4.73B
Cost of sales	NOK 143.0M	NOK 137.0M
Employee benefits expense	NOK 1.86B	NOK 1.68B
Depreciation & amortisation	NOK 1.20B	NOK 1.18B
Net finance income / (cost)	-NOK 310.0M	-NOK 293.0M
Finance costs	NOK 131.0M	NOK 55.0M
Profit before tax	NOK 434.0M	NOK 313.0M
Income tax expense	NOK 108.0M	NOK 89.0M
Profit for the year	NOK 326.0M	NOK 224.0M
— attributable to owners	NOK 326.0M	NOK 224.0M
Total comprehensive income	NOK 315.0M	NOK 162.0M
Per share
Basic EPS	NOK 1.59	NOK 1.10
Diluted EPS	NOK 1.59	NOK 1.10
Free cash flow / share	NOK 8.13	NOK 7.81
Cash flow statement
Net cash from operating activities	NOK 1.95B	NOK 1.76B
Net cash from investing activities	-NOK 282.0M	-NOK 172.0M
Purchase of PP&E (capex)	NOK 287.0M	NOK 167.0M
Net cash from financing activities	-NOK 1.58B	-NOK 1.59B
Proceeds from borrowings	NOK 113.0M	NOK 0
Repayments of borrowings	NOK 435.0M	NOK 288.0M
Lease liability payments	NOK 962.0M	NOK 947.0M
Net change in cash	NOK 91.0M	-NOK 1.0M
Balance sheet
Total assets	NOK 9.34B	NOK 8.98B
Non-current assets	NOK 8.38B	NOK 8.18B
Property, plant & equipment	NOK 5.45B	NOK 5.28B
Right-of-use assets	NOK 4.66B	NOK 4.57B
Intangible assets & goodwill	NOK 2.66B	NOK 2.63B
Current assets	NOK 952.0M	NOK 802.0M
Inventories	NOK 54.0M	NOK 55.0M
Trade & other receivables	NOK 159.0M	NOK 136.0M
Cash & equivalents	NOK 371.0M	NOK 282.0M
Total equity	NOK 1.34B	NOK 1.02B
Non-current liabilities	NOK 5.64B	NOK 5.81B
Long-term borrowings	NOK 1.44B	NOK 1.72B
Lease liabilities (non-current)	NOK 4.09B	NOK 4.01B
Current liabilities	NOK 2.35B	NOK 2.15B
Short-term borrowings	NOK 12.0M	NOK 17.0M
Lease liabilities (current)	NOK 959.0M	NOK 929.0M
Trade & other payables	NOK 178.0M	NOK 130.0M
Deferred tax liabilities	NOK 103.0M	NOK 78.0M
Derived metrics
Free cash flow	NOK 1.67B	NOK 1.59B
Net margin	6.4%	4.7%
Return on equity	24.2%	22.0%
Cash conversion ratio	5.99×	7.85×
Capex coverage	6.80×	10.53×
Other reported items
Adjustments For Decrease Increase In Inventories	NOK 1.0M	NOK 2.0M
Adjustments For Decrease Increase In Trade Account Receivable	-NOK 23.0M	-NOK 11.0M
Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss	NOK 1.20B	NOK 1.18B
Adjustments For Finance Income Cost	-NOK 310.0M	-NOK 293.0M
Adjustments For Gain Loss On Disposals Property Plant and Equipment	NOK 1.0M	NOK 1.0M
Adjustments For Income Tax Expense	-NOK 24.0M	-NOK 4.0M
Adjustments For Increase Decrease In Trade and Other Payables	NOK 49.0M	NOK 13.0M
Cash Advances and Loans Made To Related Parties	NOK 0	NOK 6.0M
Cash Receipts From Repayment of Advances and Loans Made To Related Parties	NOK 3.0M	NOK 0
Comprehensive Income Attributable To Owners of Parent	NOK 315.0M	NOK 162.0M
Computer Software	NOK 83.0M	NOK 77.0M
Copyrights Patents and Other Industrial Property Rights Service and Operating Rights	NOK 1.0M	NOK 1.0M
Current Contract Liabilities	NOK 653.0M	NOK 548.0M
Current Derivative Financial Assets	NOK 0	NOK 6.0M
Current Derivative Financial Liabilities	NOK 6.0M	NOK 0
Current Payables On Social Security and Taxes Other Than Income Tax	NOK 112.0M	NOK 115.0M
Current Prepayments and Current Accrued Income Other Than Current Contract Assets	NOK 237.0M	NOK 237.0M
Current Tax Liabilities	NOK 74.0M	NOK 2.0M
Deferred Tax Assets	NOK 185.0M	NOK 178.0M
Effect of Exchange Rate Changes On Cash and Cash Equivalents	-NOK 2.0M	-NOK 63.0M
Equity and Liabilities	NOK 9.34B	NOK 8.98B
Finance Income	NOK 115.0M	NOK 106.0M
Interest Expense	NOK 334.0M	NOK 395.0M
Issue of Equity	—	NOK 8.0M
Issued Capital	NOK 435.0M	NOK 435.0M
Liabilities	NOK 7.99B	NOK 7.96B
Noncurrent Derivative Financial Assets	NOK 33.0M	NOK 36.0M
Noncurrent Derivative Financial Liabilities	NOK 4.0M	NOK 0
Noncurrent Financial Assets	NOK 89.0M	NOK 100.0M
Other Comprehensive Income	-NOK 10.0M	-NOK 62.0M
Other Comprehensive Income Net of Tax Exchange Differences On Translation	-NOK 10.0M	-NOK 62.0M
Other Current Liabilities	NOK 360.0M	NOK 415.0M
Other Current Receivables	NOK 131.0M	NOK 86.0M
Other Expense By Nature	NOK 1.12B	NOK 1.14B
Other Inflows Outflows of Cash Classified As Financing Activities	NOK 2.0M	NOK 1.0M
Other Noncurrent Receivables	NOK 56.0M	NOK 63.0M
Other Reserves	-NOK 7.0M	-NOK 1.0M
Payments To Acquire Or Redeem Entitys Shares	NOK 0	NOK 21.0M
Proceeds From Issuing Shares	NOK 0	NOK 8.0M
Proceeds From Sale Or Issue of Treasury Shares	NOK 5.0M	NOK 6.0M
Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities	NOK 2.0M	NOK 1.0M
Purchase of Treasury Shares	—	NOK 21.0M
Retained Earnings	-NOK 2.12B	-NOK 2.44B
Revenue From Interest	NOK 39.0M	NOK 50.0M
Sale Or Issue of Treasury Shares	NOK 5.0M	NOK 6.0M
Share Premium	NOK 3.05B	NOK 3.05B
Treasury Shares	NOK 19.0M	NOK 24.0M

Methodology

Every line item above is a fact tagged in SATS 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.