SEABIRD EXPLORATION NORWAY AS financials

SEABIRD EXPLORATION NORWAY AS

Country: NO Reporting currency: USD Latest annual report: 2023-12-31
LEI: 54930079MMQ0K2A0DN53
Source filing ↗
Financial statements (USD, as reported — unscaled; 91 line items across 2 annual periods)
Line item 20232022
Income statement
Revenue $34.6M$20.2M
Cost of sales $19.1M$19.0M
Depreciation & amortisation $54.0K$139.0K
Operating profit (EBIT) $2.4M-$9.6M
Finance costs $2.6M$1.9M
Profit before tax $3.4M-$11.7M
Income tax expense $272.0K-$107.0K
Profit for the year $3.1M-$12.9M
Total comprehensive income $3.1M-$12.9M
Per share
Basic EPS $0.04$-0.21
Free cash flow / share $0.07$-0.34
Cash flow statement
Net cash from operating activities $8.5M-$17.0M
Net cash from investing activities -$2.5M$5.7M
Purchase of PP&E (capex) $2.7M$3.9M
Net cash from financing activities -$4.7M$12.0M
Proceeds from borrowings $14.2M$11.5M
Repayments of borrowings $17.0M$10.6M
Balance sheet
Total assets $54.0M$65.9M
Non-current assets $39.8M$43.3M
Property, plant & equipment $39.5M$43.0M
Current assets $14.2M$20.1M
Inventories $1.1M$643.0K
Trade & other receivables $9.6M$12.4M
Cash & equivalents $2.2M$851.0K
Total equity $26.8M$29.8M
— attributable to owners $26.8M$28.7M
Non-controlling interests $0$1.1M
Non-current liabilities $13.1M$0
Long-term borrowings $13.1M$0
Current liabilities $14.1M$35.9M
Short-term borrowings $3.1M$16.3M
Derived metrics
Free cash flow $5.8M-$20.9M
Operating margin 7.0%-47.7%
Net margin 9.0%-63.8%
Return on equity 11.7%-43.1%
Cash conversion ratio 2.72×1.32×
Capex coverage 3.09×-4.36×
Other reported items
Adjustments For Decrease Increase In Inventories -$482.0K$543.0K
Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss $6.3M$8.6M
Adjustments For Gain Loss On Disposals Property Plant and Equipment $74.0K$260.0K
Adjustments For Income Tax Expense $323.0K$110.0K
Adjustments For Interest Expense $2.6M$1.6M
Adjustments For Provisions $1.4M$0
Adjustments For Unrealised Foreign Exchange Losses Gains $347.0K$482.0K
Basic Earnings Loss Per Share From Continuing Operations $0.04$-0.20
Basic Earnings Loss Per Share From Discontinued Operations $0.00$-0.01
Comprehensive Income Attributable To Noncontrolling Interests $0-$617.0K
Comprehensive Income Attributable To Owners of Parent $3.1M-$12.2M
Current Contract Liabilities $469.0K$1.5M
Current Provisions $2.2M$331.0K
Current Restricted Cash and Cash Equivalents $42.0K$57.0K
Current Tax Liabilities Current $1.3M$1.0M
Depreciation Expense $6.3M$7.0M
Equity and Liabilities $54.0M$65.9M
Finance Income $63.0K$10.0K
Gains Losses On Disposals of Property Plant and Equipment $74.0K$260.0K
Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss $0$1.5M
Income From Continuing Operations Attributable To Owners of Parent $3.1M-$11.6M
Income From Discontinued Operations Attributable To Owners of Parent $0-$639.0K
Increase Decrease In Cash and Cash Equivalents $1.3M$694.0K
Increase Decrease In Cash and Cash Equivalents Discontinued Operations -$25.0K
Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control $1.3M
Increase Decrease Through Disposal of Subsidiary -$1.3M
Increase Decrease Through Other Distributions To Owners $4.6M
Increase Decrease Through Sharebased Payment Transactions -$202.0K$403.0K
Increase Decrease Through Transactions With Owners -$6.1M$14.3M
Increase Decrease Through Transfers and Other Changes Equity -$12.0K-$57.0K
Issue of Equity $12.7M
Liabilities $27.2M$36.1M
Noncurrent Assets Or Disposal Groups Classified As Held For Distribution To Owners $0$2.3M
Noncurrent Assets Or Disposal Groups Classified As Held For Sale $0$175.0K
Noncurrent Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value $327.0K$224.0K
Other Adjustments To Reconcile Profit Loss -$2.9M$0
Other Comprehensive Income $0$0
Other Comprehensive Income Net of Tax Exchange Differences On Translation $0$0
Other Current Assets $1.3M$6.1M
Other Current Payables $3.1M$7.8M
Other Finance Income Cost $3.5M-$475.0K
Other Operating Income Expense -$2.9M$1.5M
Proceeds From Issue of Ordinary Shares $0$12.7M
Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities $249.0K$9.6M
Profit Loss From Continuing Operations $3.1M-$11.6M
Profit Loss From Continuing Operations Attributable To Noncontrolling Interests $0$0
Profit Loss From Discontinued Operations $0-$1.3M
Profit Loss From Discontinued Operations Attributable To Noncontrolling Interests $0-$617.0K
Reserve of Exchange Differences On Translation -$395.0K-$395.0K
Reserve of Sharebased Payments $153.0K$595.0K
Retained Earnings -$9.9M-$8.4M
Selling General and Administrative Expense $4.0M$3.9M
Share of Profit Loss of Associates Accounted For Using Equity Method -$26.0K$224.0K
Trade and Other Current Payables To Trade Suppliers $3.8M$9.1M
Methodology

Every line item above is a fact tagged in SEABIRD EXPLORATION NORWAY 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 (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.