DNO ASA financials
DNO ASA
Country: NO Reporting currency: USD Latest annual report: 2024-12-31
LEI:
5967007LIEEXZXH3K072 ISIN: NO0003921009 Financial statements
(USD, as reported — unscaled; 95 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Cost of sales | $406.9M | $364.8M |
| Gross profit | $259.9M | $302.7M |
| Administrative expenses | $23.5M | $23.3M |
| Operating profit (EBIT) | $6.1M | $218.3M |
| Finance costs | $66.7M | $112.0M |
| Profit before tax | -$13.3M | $151.3M |
| Income tax expense | $13.8M | $132.7M |
| Profit for the year | -$27.1M | $18.6M |
| — attributable to owners | -$27.1M | $18.6M |
| — attributable to NCI | $0 | $0 |
| Total comprehensive income | -$52.9M | $7.7M |
| Per share | ||
| Basic EPS | $-0.03 | $0.02 |
| Diluted EPS | $-0.03 | $0.02 |
| Free cash flow / share | $0.24 | $0.03 |
| Cash flow statement | ||
| Cash generated from operations | $433.0M | $294.9M |
| Net cash from operating activities | $413.0M | $194.1M |
| Net cash from investing activities | -$354.2M | -$281.0M |
| Purchase of PP&E (capex) | $199.8M | $163.6M |
| Purchase of intangibles | $87.2M | $114.6M |
| Net cash from financing activities | $123.2M | -$147.0M |
| Dividends paid | $102.5M | $92.0M |
| Proceeds from borrowings | $365.0M | $0 |
| Repayments of borrowings | $131.2M | $0 |
| Lease liability payments | $2.5M | $4.3M |
| Net change in cash | $182.1M | -$233.9M |
| Balance sheet | ||
| Total assets | $2.97B | $2.64B |
| Non-current assets | $1.63B | $1.58B |
| Property, plant & equipment | $1.11B | $1.13B |
| Intangible assets & goodwill | $102.1M | $43.2M |
| Current assets | $1.34B | $1.06B |
| Inventories | $74.8M | $77.8M |
| Trade & other receivables | $338.1M | $265.4M |
| Cash & equivalents | $899.0M | $718.8M |
| Total equity | $1.08B | $1.23B |
| — attributable to owners | $1.08B | $1.23B |
| Non-current liabilities | $1.53B | $988.4M |
| Long-term borrowings | $790.5M | $392.0M |
| Lease liabilities (non-current) | $9.7M | $14.0M |
| Current liabilities | $353.9M | $415.1M |
| Lease liabilities (current) | $3.1M | $3.6M |
| Trade & other payables | $323.7M | $221.1M |
| Deferred tax liabilities | $257.2M | $192.4M |
| Derived metrics | ||
| Free cash flow | $213.2M | $30.5M |
| Return on equity | -2.5% | 1.5% |
| Cash conversion ratio | -15.24× | 10.44× |
| Capex coverage | 2.07× | 1.19× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | $6.0M | -$30.8M |
| Adjustments For Decrease Increase In Trade and Other Receivables | -$46.1M | -$2.3M |
| Adjustments For Depreciation and Amortisation Expense | $184.1M | $146.4M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | $146.0M | $24.9M |
| Adjustments For Increase Decrease In Trade and Other Payables | $97.4M | -$23.0M |
| Adjustments For Interest Expense | $54.3M | $44.6M |
| Adjustments For Interest Income | $38.1M | $36.5M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | -$3.0M | $0 |
| Adjustments For Provisions | $6.9M | -$28.7M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | $3.3M | $11.9M |
| Comprehensive Income Attributable To Noncontrolling Interests | $0 | $0 |
| Comprehensive Income Attributable To Owners of Parent | -$52.9M | $7.7M |
| Current Borrowings and Current Portion of Noncurrent Borrowings | $0 | $166.2M |
| Current Restricted Cash and Cash Equivalents | $17.5M | $14.3M |
| Current Tax Assets Current | $27.5M | $0 |
| Current Tax Liabilities Current | $0 | $4.6M |
| Deferred Tax Assets | $39.6M | $0 |
| Dividends Received Classified As Investing Activities | $31.8M | $27.1M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -$1.9M | -$1.9M |
| Equity and Liabilities | $2.97B | $2.64B |
| Expense Arising From Exploration For and Evaluation of Mineral Resources | $88.9M | $47.7M |
| Finance Income | $47.3M | $45.0M |
| Gains Losses On Disposals of Property Plant and Equipment | $3.0M | $5.8M |
| Gains Losses On Exchange Differences On Translation Net of Tax | -$25.8M | -$10.9M |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | $146.0M | $24.9M |
| Increase Decrease Through Transactions With Owners | -$101.9M | -$142.1M |
| Increase Decrease Through Treasury Share Transactions | — | -$50.5M |
| Intangible Assets Other Than Goodwill | $228.5M | $202.1M |
| Interest Paid Classified As Operating Activities | $53.7M | $46.4M |
| Interest Received Classified As Operating Activities | $34.6M | $35.3M |
| Investment Accounted For Using Equity Method | $48.8M | $67.9M |
| Liabilities | $1.89B | $1.40B |
| Longterm Provision For Decommissioning Restoration and Rehabilitation Costs | $467.9M | $382.7M |
| Noncurrent Receivables | $98.2M | $129.8M |
| Other Adjustments To Reconcile Profit Loss | -$8.3M | -$10.0M |
| Other Cash Payments To Acquire Interests In Joint Ventures Classified As Investing Activities | $9.4M | $6.9M |
| Other Comprehensive Income | -$25.8M | -$10.9M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -$25.8M | -$10.9M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -$25.8M | -$10.9M |
| Other Expense By Function | $2.5M | $7.9M |
| Other Longterm Provisions | $6.9M | $7.3M |
| Other Operating Income Expense | $1.0M | $1.6M |
| Other Shortterm Provisions | $14.2M | $9.1M |
| Payments For Debt Issue Costs | $5.6M | $0 |
| Payments To Acquire Or Redeem Entitys Shares | $0 | $50.7M |
| Revenue From Sale of Oil and Gas Products | $666.8M | $667.5M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | $3.3M | $11.9M |
| Shortterm Provision For Decommissioning Restoration and Rehabilitation Costs | $12.9M | $10.6M |
| Weighted Average Shares | 975.0M | 980.0M |
Methodology
Every line item above is a fact tagged in DNO 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.