D/S NORDEN financials
D/S NORDEN
Country: DK Reporting currency: USD Latest annual report: 2026-03-31
LEI:
529900RGXD3CBR3BRU63 ISIN: DK0060083210 Financial statements
(USD, as reported — unscaled; 87 line items across 3 annual periods)
| Line item | 2026 | 2025 | 2025 |
|---|---|---|---|
| Income statement | |||
| Revenue | $813.5M | $3.13B | $799.0M |
| Operating profit (EBIT) | $22.5M | $158.4M | $38.4M |
| Finance costs | $13.2M | $37.0M | $11.2M |
| Profit before tax | $13.6M | $138.8M | $35.4M |
| Income tax expense | $2.4M | $18.5M | $2.9M |
| Profit for the year | $11.2M | $120.3M | $32.5M |
| — attributable to owners | $11.2M | $120.3M | $32.5M |
| Total comprehensive income | $53.8M | $53.9M | -$400.0K |
| Per share | |||
| Basic EPS | $0.40 | $4.10 | $1.10 |
| Diluted EPS | $0.40 | $4.10 | $1.10 |
| Cash flow statement | |||
| Net cash from operating activities | $171.7M | $378.2M | $112.7M |
| Net cash from investing activities | -$122.4M | -$41.4M | $29.1M |
| Net cash from financing activities | -$110.2M | -$228.0M | -$118.5M |
| Dividends paid | $8.7M | $35.5M | $8.7M |
| Proceeds from borrowings | $0 | $26.8M | $0 |
| Repayments of borrowings | $1.5M | $10.3M | $7.9M |
| Lease liability payments | $68.9M | $306.4M | $78.4M |
| Balance sheet | |||
| Total assets | $2.51B | $2.37B | $2.18B |
| Non-current assets | $1.30B | $1.44B | $1.21B |
| Property, plant & equipment | $1.18B | $1.31B | $1.08B |
| Right-of-use assets | $367.3M | $382.9M | $325.0M |
| Intangible assets & goodwill | $50.3M | $51.3M | $55.9M |
| Current assets | $1.21B | $930.8M | $961.8M |
| Inventories | $130.7M | $105.7M | $119.2M |
| Trade & other receivables | $103.4M | $174.4M | $183.5M |
| Cash & equivalents | $318.8M | $382.1M | $291.0M |
| Total equity | $1.30B | $1.28B | $1.27B |
| Non-current liabilities | $494.0M | $513.2M | $253.3M |
| Long-term borrowings | $234.9M | $255.2M | $79.8M |
| Lease liabilities (non-current) | $254.1M | $253.0M | $168.5M |
| Current liabilities | $711.6M | $580.7M | $649.4M |
| Short-term borrowings | $68.4M | $50.1M | $21.8M |
| Lease liabilities (current) | $217.0M | $205.5M | $246.3M |
| Derived metrics | |||
| Operating margin | 2.8% | 5.1% | 4.8% |
| Net margin | 1.4% | 3.8% | 4.1% |
| Return on equity | 0.9% | 9.4% | 2.6% |
| Cash conversion ratio | 15.33× | 3.14× | 3.47× |
| Other reported items | |||
| Adjustments To Reconcile Profit Loss Other Than Changes In Working Capital | $48.2M | $259.9M | $78.8M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | $0 | $3.2M | $1.1M |
| Changes In Equity | $26.6M | — | -$23.4M |
| Comprehensive Income Attributable To Owners of Parent | $53.8M | $53.9M | -$400.0K |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | $1.15B | $904.0M | $871.4M |
| Current Contract Assets | $261.8M | $159.8M | $181.5M |
| Current Contract Liabilities | $81.7M | $69.1M | $54.8M |
| Current Finance Lease Receivables | $65.5M | $39.9M | $56.5M |
| Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | $699.7M | $576.3M | $616.4M |
| Current Loans and Receivables | $5.1M | $4.8M | $9.1M |
| Current Tax Liabilities Current | $16.5M | $16.4M | $4.1M |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | $70.3M | $295.8M | $76.3M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -$2.4M | $6.7M | $1.1M |
| Equity and Liabilities | $2.51B | $2.37B | $2.18B |
| Finance Income | $4.3M | $17.4M | $8.2M |
| Gains Losses On Cash Flow Hedges Net of Tax | $57.8M | -$66.4M | -$32.9M |
| Income Taxes Paid Refund Classified As Operating Activities | $2.3M | $10.5M | $7.2M |
| Increase Decrease In Cash and Cash Equivalents | -$60.9M | $108.8M | $23.3M |
| Increase Decrease In Working Capital | -$99.4M | $73.1M | $14.8M |
| Increase Decrease Through Sharebased Payment Transactions | $1.6M | — | $1.3M |
| Intangible Assets Other Than Goodwill | $5.7M | $6.7M | $11.3M |
| Interest Paid Classified As Financing Activities | $11.0M | $37.0M | $7.9M |
| Interest Received Classified As Investing Activities | $3.8M | $11.1M | $2.8M |
| Investments In Subsidiaries Joint Ventures and Associates | $0 | $15.2M | $13.9M |
| Issued Capital | $4.9M | $4.9M | $5.1M |
| Liabilities | $1.21B | $1.09B | $902.7M |
| Liabilities Included In Disposal Groups Classified As Held For Sale | $11.9M | $4.4M | $33.0M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | $64.2M | $26.8M | $90.4M |
| Noncurrent Finance Lease Receivables | $72.2M | $60.0M | $67.0M |
| Noncurrent Financial Assets | $72.2M | $75.2M | $82.6M |
| Noncurrent Loans and Receivables | $0 | $0 | $1.7M |
| Noncurrent Prepayments | $42.1M | $42.1M | $51.8M |
| Other Cash Payments To Acquire Interests In Joint Ventures Classified As Investing Activities | $0 | -$1.1M | $0 |
| Other Comprehensive Income | $42.6M | -$66.4M | -$32.9M |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | -$15.2M | $0 | $0 |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | $57.8M | -$66.4M | -$32.9M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -$15.2M | $0 | $0 |
| Other Current Payables | $45.4M | $43.9M | $50.5M |
| Other Current Receivables | $44.0M | $37.3M | $30.6M |
| Other Noncurrent Payables | $5.0M | $5.0M | $5.0M |
| Other Operating Income Expense | $3.6M | $18.1M | $3.8M |
| Payments To Acquire Or Redeem Entitys Shares | $20.1M | $42.6M | $15.6M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | $135.9M | $584.7M | $65.1M |
| Purchase of Treasury Shares | $20.1M | — | $15.6M |
| Reserve of Cash Flow Hedges | $32.7M | -$25.1M | $8.4M |
| Retained Earnings | $1.27B | $1.30B | $1.26B |
| Selling General and Administrative Expense | $25.0M | $99.5M | $25.0M |
| Share of Profit Loss of Joint Ventures Accounted For Using Equity Method | $0 | -$100.0K | $0 |
| Ships | $718.1M | $839.3M | $648.4M |
| Trade and Other Current Payables To Trade Suppliers | $270.7M | $191.3M | $238.9M |
Methodology
Every line item above is a fact tagged in D/S NORDEN'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.