FJORD1 AS financials
FJORD1 AS
Country: NO Reporting currency: NOK Latest annual report: 2021-12-31
LEI:
549300RANUO1920OIK60 Financial statements
(NOK, as reported — unscaled; 101 line items across 2 annual periods)
| Line item | 2021 | 2020 |
|---|---|---|
| Income statement | ||
| Revenue | NOK 2.83B | NOK 3.09B |
| Other income | NOK 25.0M | NOK 31.6M |
| Operating expenses | NOK 1.95B | NOK 2.05B |
| Employee benefits expense | NOK 1.02B | NOK 1.10B |
| Raw materials & consumables used | NOK 367.8M | NOK 404.1M |
| Depreciation & amortisation | NOK 586.8M | NOK 525.8M |
| Operating profit (EBIT) | NOK 280.1M | NOK 491.3M |
| Net finance income / (cost) | -NOK 108.4M | -NOK 284.5M |
| Profit before tax | NOK 171.7M | NOK 206.8M |
| Income tax expense | NOK 34.2M | NOK 43.4M |
| Profit for the year | NOK 137.5M | NOK 163.5M |
| — attributable to owners | NOK 137.1M | NOK 163.0M |
| — attributable to NCI | NOK 441.0K | NOK 481.0K |
| Total comprehensive income | NOK 143.1M | NOK 157.4M |
| Per share | ||
| Basic EPS | NOK 1.37 | NOK 1.63 |
| Diluted EPS | NOK 1.37 | NOK 1.63 |
| Free cash flow / share | NOK 5.35 | NOK -5.20 |
| Cash flow statement | ||
| Cash generated from operations | NOK 1.35B | NOK 1.11B |
| Net cash from operating activities | NOK 1.19B | NOK 906.9M |
| Net cash from investing activities | -NOK 699.1M | -NOK 1.43B |
| Purchase of PP&E (capex) | NOK 657.9M | NOK 1.43B |
| Net cash from financing activities | -NOK 752.9M | NOK 445.5M |
| Dividends paid | NOK 184.0K | NOK 0 |
| Lease liability payments | NOK 66.5M | NOK 64.9M |
| Balance sheet | ||
| Total assets | NOK 10.28B | NOK 10.34B |
| Non-current assets | NOK 9.45B | NOK 9.19B |
| Property, plant & equipment | NOK 8.61B | NOK 8.49B |
| Right-of-use assets | NOK 69.1M | NOK 87.1M |
| Current assets | NOK 827.9M | NOK 1.15B |
| Inventories | NOK 27.6M | NOK 20.2M |
| Trade & other receivables | NOK 269.9M | NOK 309.4M |
| Cash & equivalents | NOK 144.6M | NOK 401.8M |
| Total equity | NOK 2.57B | NOK 2.43B |
| — attributable to owners | NOK 2.56B | NOK 2.42B |
| Non-controlling interests | NOK 5.5M | NOK 5.2M |
| Non-current liabilities | NOK 4.32B | NOK 5.89B |
| Long-term borrowings | NOK 2.87B | NOK 4.75B |
| Lease liabilities (non-current) | NOK 31.7M | NOK 24.5M |
| Current liabilities | NOK 3.39B | NOK 2.02B |
| Short-term borrowings | NOK 2.36B | NOK 1.16B |
| Lease liabilities (current) | NOK 38.3M | NOK 64.3M |
| Deferred tax liabilities | NOK 854.7M | NOK 746.6M |
| Derived metrics | ||
| Free cash flow | NOK 536.9M | -NOK 521.0M |
| Operating margin | 9.9% | 15.9% |
| Net margin | 4.9% | 5.3% |
| Return on equity | 5.4% | 6.7% |
| Cash conversion ratio | 8.69× | 5.55× |
| Capex coverage | 1.82× | 0.64× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | -NOK 7.4M | NOK 2.3M |
| Adjustments For Decrease Increase In Trade Account Receivable | NOK 39.5M | -NOK 170.3M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | NOK 594.2M | NOK 571.6M |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | -NOK 8.1M | -NOK 2.8M |
| Adjustments For Gains Losses On Change In Fair Value of Derivatives | NOK 6.6M | NOK 38.0K |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | -NOK 7.7M | NOK 19.2M |
| Adjustments For Increase Decrease In Trade Account Payable | -NOK 36.4M | -NOK 55.6M |
| Adjustments For Undistributed Profits of Associates | NOK 34.2M | -NOK 51.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | NOK 441.0K | NOK 481.0K |
| Comprehensive Income Attributable To Owners of Parent | NOK 142.7M | NOK 156.9M |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | NOK 681.2M | NOK 995.8M |
| Current Derivative Financial Assets | NOK 57.0K | NOK 0 |
| Current Derivative Financial Liabilities | NOK 0 | NOK 1.2M |
| Current Payables On Social Security and Taxes Other Than Income Tax | NOK 107.3M | NOK 102.1M |
| Current Tax Liabilities Current | NOK 934.0K | NOK 617.0K |
| Deferred Tax Assets | NOK 241.4M | NOK 166.6M |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | NOK 594.2M | NOK 571.6M |
| Dividends Received From Associates Classified As Investing Activities | NOK 6.3M | NOK 3.2M |
| Equity and Liabilities | NOK 10.28B | NOK 10.34B |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | NOK 7.4M | NOK 48.9M |
| Income Taxes Paid Refund Classified As Operating Activities | NOK 185.0K | NOK 1.0M |
| Increase Decrease In Cash and Cash Equivalents | -NOK 257.3M | -NOK 82.2M |
| Increase Decrease Through Other Distributions To Owners | NOK 0 | NOK 0 |
| Increase Decrease Through Transactions With Owners | -NOK 184.0K | NOK 0 |
| Interest Expense | NOK 178.9M | NOK 214.9M |
| Interest Paid Classified As Operating Activities | NOK 163.3M | NOK 201.3M |
| Interest Received Classified As Operating Activities | NOK 10.1M | NOK 2.5M |
| Investments In Associates Accounted For Using Equity Method | NOK 514.4M | NOK 436.5M |
| Issued Capital | NOK 250.0M | NOK 250.0M |
| Liabilities | NOK 7.71B | NOK 7.91B |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | NOK 146.7M | NOK 156.3M |
| Noncurrent Derivative Financial Liabilities | NOK 1.5M | NOK 6.9M |
| Noncurrent Recognised Liabilities Defined Benefit Plan | NOK 24.6M | NOK 32.3M |
| Other Comprehensive Income | NOK 5.6M | -NOK 6.1M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | NOK 1.9M | -NOK 4.3M |
| Other Current Liabilities | NOK 771.5M | NOK 546.2M |
| Other Current Receivables | NOK 239.0M | NOK 264.3M |
| Other Expense By Nature | NOK 565.0M | NOK 545.6M |
| Other Finance Income Cost | -NOK 4.9M | -NOK 30.1M |
| Other Noncurrent Assets | NOK 21.9M | NOK 4.9M |
| Other Noncurrent Liabilities | NOK 534.5M | NOK 335.4M |
| Proceeds From Noncurrent Borrowings | NOK 163.8M | NOK 1.21B |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | NOK 5.4M | NOK 1.3M |
| Purchase of Treasury Shares | NOK 0 | NOK 0 |
| Repayments of Noncurrent Borrowings | NOK 850.2M | NOK 700.1M |
| Retained Earnings | NOK 1.96B | NOK 1.81B |
| Revenue and Operating Income | NOK 2.86B | NOK 3.12B |
| Revenue From Interest | NOK 10.1M | NOK 2.5M |
| Reversal of Impairment Loss Recognised In Profit Or Loss | NOK 0 | NOK 3.1M |
| 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 | NOK 3.7M | -NOK 1.8M |
| Share Premium | NOK 360.9M | NOK 360.9M |
| Trade and Other Current Payables To Trade Suppliers | NOK 110.6M | NOK 146.9M |
| Treasury Shares | NOK 3.6M | NOK 3.6M |
Methodology
Every line item above is a fact tagged in FJORD1 AS'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.