ODFJELL RIG III LTD. financials
ODFJELL RIG III LTD.
529900JX0H45QUN1EC58 | Line item | 2023 | 2022 | 2021 |
|---|---|---|---|
| Income statement | |||
| Revenue | $302.6M | $295.9M | — |
| Operating expenses | $164.5M | $232.0M | — |
| Employee benefits expense | $71.8M | $70.7M | — |
| Operating profit (EBIT) | $138.1M | $64.0M | — |
| Net finance income / (cost) | -$43.2M | -$2.8M | — |
| Profit before tax | $95.0M | $61.2M | — |
| Income tax expense | -$1.7M | $1.7M | — |
| Profit for the year | $96.7M | $59.5M | — |
| — attributable to owners | $96.7M | $59.5M | — |
| Total comprehensive income | $95.8M | $53.5M | — |
| Cash flow statement | |||
| Cash generated from operations | $177.2M | $170.8M | — |
| Net cash from operating activities | $151.4M | $160.1M | — |
| Net cash from investing activities | -$327.2M | -$30.6M | — |
| Purchase of PP&E (capex) | $41.1M | $30.6M | — |
| Net cash from financing activities | $166.9M | -$109.8M | — |
| Dividends paid | — | $12.0M | — |
| Proceeds from borrowings | $383.3M | $0 | — |
| Repayments of borrowings | $153.0M | $52.0M | — |
| Lease liability payments | $15.5M | $11.9M | — |
| Balance sheet | |||
| Total assets | $1.09B | $1.08B | $1.12B |
| Non-current assets | $991.6M | $954.8M | $989.3M |
| Current assets | $101.7M | $126.4M | $132.6M |
| Cash & equivalents | $62.8M | $79.2M | $61.8M |
| Total equity | $610.6M | $851.0M | $855.3M |
| Non-current liabilities | $330.4M | $93.6M | $134.3M |
| Long-term borrowings | $324.3M | $79.3M | $129.4M |
| Lease liabilities (non-current) | $6.0M | $14.3M | $4.9M |
| Current liabilities | $152.4M | $136.7M | $132.3M |
| Current portion of long-term borrowings | $42.9M | $53.3M | $53.2M |
| Lease liabilities (current) | $17.2M | $18.0M | $5.1M |
| Deferred tax liabilities | $0 | $0 | $0 |
| Derived metrics | |||
| Free cash flow | $110.3M | $129.5M | — |
| Operating margin | 45.6% | 21.6% | — |
| Net margin | 32.0% | 20.1% | — |
| Return on equity | 15.8% | 7.0% | — |
| Cash conversion ratio | 1.57× | 2.69× | — |
| Capex coverage | 3.68× | 5.23× | — |
| Other reported items | |||
| Adjustments For Decrease Increase In Trade Account Receivable | $5.8M | -$2.5M | — |
| Adjustments For Depreciation and Amortisation Expense | $27.8M | $91.1M | — |
| Adjustments For Gains Losses On Change In Fair Value of Derivatives | $0 | -$7.2M | — |
| Adjustments For Increase Decrease In Trade Account Payable | $5.3M | $10.2M | — |
| Adjustments For Unrealised Foreign Exchange Losses Gains | $4.6M | -$4.3M | — |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | $291.9M | $0 | — |
| Cash Repayments of Advances and Loans From Related Parties | $41.3M | $0 | — |
| Comprehensive Income Attributable To Owners of Parent | $95.8M | $53.5M | — |
| Current Contract Liabilities | $20.7M | $9.1M | $8.8M |
| Current Tax Liabilities | $2.9M | $3.0M | $1.0M |
| Deferred Tax Assets | $4.3M | $600.0K | $0 |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | $27.8M | $91.1M | — |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | $6.7M | $45.8M | — |
| Dividends Recognised As Distributions To Owners of Parent | — | $40.0M | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -$7.4M | -$2.3M | — |
| Equity and Liabilities | $1.09B | $1.08B | $1.12B |
| Income Taxes Paid Refund Classified As Operating Activities | -$900.0K | -$1.3M | — |
| Increase Decrease In Cash and Cash Equivalents | -$16.4M | $17.4M | — |
| Increase Decrease Through Acquisition of Subsidiary | -$488.5M | — | — |
| Increase Decrease Through Other Contributions By Owners | $159.0M | — | — |
| Increase Decrease Through Transactions With Owners | -$336.2M | -$57.8M | — |
| Interest Expense | $39.9M | $12.5M | — |
| Liabilities | $482.8M | $230.3M | $266.6M |
| Miscellaneous Other Operating Expense | $64.9M | $70.1M | — |
| Noncurrent Derivative Financial Assets | $0 | $0 | $5.0M |
| Other Adjustments For Noncash Items | $2.7M | $13.4M | — |
| Other Comprehensive Income | -$900.0K | -$6.0M | — |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | $200.0K | -$600.0K | — |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -$1.1M | -$5.4M | — |
| Other Current Assets | $7.3M | $7.2M | $28.5M |
| Other Current Liabilities | $27.3M | $36.1M | $53.0M |
| Other Finance Income Cost | -$6.0M | $8.5M | — |
| Proceeds From Government Grants Classified As Investing Activities | $5.8M | $0 | — |
| Revenue From Interest | $2.8M | $1.2M | — |
| Trade and Other Payables To Trade Suppliers | $41.5M | $17.0M | $11.2M |
| Trade Receivables | $31.6M | $40.0M | $42.4M |
Every line item above is a fact tagged in ODFJELL RIG III LTD.'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.