NORSKE SKOG ASA financials
NORSKE SKOG ASA
Country: NO Reporting currency: NOK Latest annual report: 2024-12-31
LEI:
529900MYY60WXHHY3039 ISIN: NO0010861115 Financial statements
(NOK, as reported — unscaled; 96 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | NOK 9.23B | NOK 9.89B |
| Distribution costs | NOK 1.00B | NOK 845.0M |
| Operating expenses | NOK 10.23B | NOK 10.62B |
| Employee benefits expense | NOK 1.70B | NOK 1.77B |
| Raw materials & consumables used | NOK 5.93B | NOK 5.86B |
| Operating profit (EBIT) | -NOK 60.0M | NOK 934.0M |
| Finance costs | NOK 351.0M | NOK 297.0M |
| Profit before tax | -NOK 566.0M | NOK 645.0M |
| Income tax expense | NOK 94.0M | NOK 110.0M |
| Profit for the year | -NOK 982.0M | NOK 481.0M |
| Total comprehensive income | -NOK 777.0M | NOK 724.0M |
| Per share | ||
| Basic EPS | NOK -11.57 | NOK 5.67 |
| Diluted EPS | NOK -11.57 | NOK 5.67 |
| Free cash flow / share | NOK -18.53 | NOK -13.63 |
| Cash flow statement | ||
| Net cash from operating activities | -NOK 15.0M | NOK 1.93B |
| Income taxes paid | -NOK 1.0M | NOK 598.0M |
| Net cash from investing activities | -NOK 1.20B | -NOK 2.69B |
| Net cash from financing activities | -NOK 105.0M | NOK 549.0M |
| Dividends paid | NOK 0 | NOK 57.0M |
| Proceeds from borrowings | NOK 1.98B | NOK 1.37B |
| Repayments of borrowings | NOK 2.09B | NOK 346.0M |
| Balance sheet | ||
| Total assets | NOK 14.47B | NOK 14.76B |
| Non-current assets | NOK 10.04B | NOK 9.07B |
| Property, plant & equipment | NOK 9.72B | NOK 8.57B |
| Current assets | NOK 4.43B | NOK 5.69B |
| Inventories | NOK 1.39B | NOK 1.36B |
| Trade & other receivables | NOK 1.25B | NOK 1.64B |
| Cash & equivalents | NOK 1.13B | NOK 2.46B |
| Total equity | NOK 5.38B | NOK 6.16B |
| Non-current liabilities | NOK 5.50B | NOK 5.68B |
| Current liabilities | NOK 3.58B | NOK 2.91B |
| Trade & other payables | NOK 2.12B | NOK 2.26B |
| Deferred tax liabilities | NOK 207.0M | NOK 202.0M |
| Derived metrics | ||
| Free cash flow | -NOK 1.57B | -NOK 1.16B |
| Operating margin | -0.6% | 9.4% |
| Net margin | -10.6% | 4.9% |
| Return on equity | -18.2% | 7.8% |
| Cash conversion ratio | 0.02× | 4.01× |
| Capex coverage | -0.01× | 0.63× |
| Other reported items | ||
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | NOK 815.0M | NOK 602.0M |
| Adjustments For Gains Losses On Change In Fair Value of Derivatives | -NOK 171.0M | -NOK 605.0M |
| Adjustments For Income Tax Expense | NOK 1.0M | -NOK 598.0M |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | -NOK 35.0M | -NOK 19.0M |
| Adjustments For Provisions | -NOK 15.0M | -NOK 16.0M |
| Basic Earnings Loss Per Share From Continuing Operations | NOK -7.79 | NOK 6.31 |
| Cash and Cash Equivalents Classified As Part of Disposal Group Held For Sale | NOK 50.0M | NOK 0 |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | NOK 3.80B | NOK 5.69B |
| Current Financial Liabilities | NOK 771.0M | NOK 517.0M |
| Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | NOK 3.12B | NOK 2.91B |
| Current Tax Liabilities Current | NOK 11.0M | NOK 11.0M |
| Deferred Tax Assets | NOK 111.0M | NOK 206.0M |
| Depreciation Expense | NOK 481.0M | NOK 464.0M |
| Diluted Earnings Loss Per Share From Continuing Operations | NOK -7.79 | NOK 6.31 |
| Dividends Received Classified As Investing Activities | NOK 0 | NOK 205.0M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | NOK 32.0M | NOK 25.0M |
| Equity and Liabilities | NOK 14.47B | NOK 14.76B |
| Expense of Restructuring Activities | NOK 16.0M | NOK 32.0M |
| Finance Income | NOK 84.0M | NOK 93.0M |
| Gains Losses On Change In Fair Value of Derivatives | -NOK 178.0M | -NOK 605.0M |
| Gains Losses On Exchange Differences On Translation Before Tax | NOK 260.0M | NOK 305.0M |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | NOK 121.0M | NOK 27.0M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | -NOK 1.0M | -NOK 1.0M |
| Increase Decrease In Cash and Cash Equivalents | -NOK 1.29B | -NOK 187.0M |
| Increase Decrease In Working Capital | NOK 37.0M | -NOK 599.0M |
| Increase Decrease Through Treasury Share Transactions | — | -NOK 415.0M |
| Intangible Assets Other Than Goodwill | NOK 11.0M | NOK 12.0M |
| Interest Paid Classified As Operating Activities | NOK 230.0M | NOK 211.0M |
| Interest Received Classified As Operating Activities | NOK 83.0M | NOK 98.0M |
| Investments In Associates | NOK 15.0M | NOK 80.0M |
| Issued Capital | NOK 8.86B | NOK 8.86B |
| Liabilities | NOK 9.08B | NOK 8.59B |
| Liabilities Included In Disposal Groups Classified As Held For Sale | NOK 462.0M | NOK 0 |
| Miscellaneous Other Operating Expense | NOK 803.0M | NOK 1.02B |
| Miscellaneous Other Operating Income | NOK 939.0M | NOK 1.67B |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | NOK 631.0M | NOK 0 |
| Noncurrent Financial Liabilities | NOK 4.47B | NOK 4.54B |
| Noncurrent Provisions For Employee Benefits | NOK 296.0M | NOK 294.0M |
| Other Adjustments For Noncash Items | NOK 307.0M | NOK 168.0M |
| Other Adjustments To Reconcile Profit Loss | NOK 70.0M | NOK 175.0M |
| Other Cash Receipts From Sales of Equity Or Debt Instruments of Other Entities Classified As Investing Activities | -NOK 91.0M | NOK 0 |
| Other Comprehensive Income | NOK 205.0M | NOK 243.0M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | -NOK 14.0M | -NOK 8.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | NOK 260.0M | NOK 306.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -NOK 13.0M | -NOK 6.0M |
| Other Current Assets | NOK 29.0M | NOK 229.0M |
| Other Current Liabilities | NOK 218.0M | NOK 130.0M |
| Other Noncurrent Assets | NOK 177.0M | NOK 203.0M |
| Other Noncurrent Liabilities | NOK 525.0M | NOK 647.0M |
| Payments To Acquire Or Redeem Entitys Shares | NOK 0 | NOK 415.0M |
| Proceeds From Disposals of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | NOK 3.0M | NOK 69.0M |
| Profit Loss From Continuing Operations | -NOK 661.0M | NOK 535.0M |
| Profit Loss From Discontinued Operations | -NOK 321.0M | -NOK 54.0M |
| Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | NOK 1.56B | NOK 3.08B |
| Reclassification Adjustments On Exchange Differences On Translation Before Tax | NOK 0 | -NOK 1.0M |
| Revenue and Operating Income | NOK 10.17B | NOK 11.56B |
| Share of Profit Loss of Associates Accounted For Using Equity Method | -NOK 65.0M | -NOK 15.0M |
Methodology
Every line item above is a fact tagged in NORSKE SKOG 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.