Key Figures |
Prev
| US$ million | 2003 | 2002 |
2001 |
2000 |
1999 |
1998 |
| Gross Freight Revenues | 209.4 | 189.0 |
203.9 |
155.5 |
133.4 |
126.4 |
| EBITDA | 24.4 | 25.8 |
33.9 |
24.4 |
14.9 |
9.9 |
| EBIT | 9.7 | 13.8 |
17.5 |
7.9 |
1.0 |
(9.0) |
| Pre-tax result | 20.3 | 4.8 |
10.4 |
1.5 |
(6.2) |
(16.7) |
| Total Assets | 224.9 | 193.6 |
185.5 |
177.2 |
185.5 |
203.7 |
| Liquid assets | 39.2 | 32.4 |
35.6 |
14.7 |
21.6 |
28.6 |
| Equity at book value | 72.0 | 71.3 |
66.5 |
74.0 |
77.4 |
85.9 |
| Net debt | 91.1 | 64.0 |
55.8 |
63.8 |
69.6 |
68.5 |
| Net interest bearing debt | 92.2 | 68.5 |
60.0 |
71.3 |
71.2 |
73.0 |
| Dividend | 16.7 | 5.5 |
4.6 |
1.3 |
- |
- |
| Buy-back of treasury shares | 0 | 0.7 |
2.8 |
2.1 |
2.2 |
- |
| Current ratio 1) | 287% | 273% |
271% |
229% |
251% |
303% |
| Equity ratio 2) | 32.0% | 36.8% |
35.8% |
41.8% |
41.7% |
42.1% |
| Interest coverage ratio 3) | 3.3 | 5.42 |
6.57 |
3.62 |
2.11 |
1.23 |
| EBITDA ratio 4) | 11.6% | 13.5% |
16.4% |
15.3% |
11.0% |
7.6% |
| Key Figures per share: | ||||||
| Market value end of period NOK | 142 | 75.00 |
73.50 |
65.00 |
54.00 |
24.00 |
| Pre-tax earnings 5) US$ | 3.7 | 0.87 |
1.85 |
0.26 |
(0.98) |
(2.53) |
| Cash-flow from operation US$ | 2.6 | 2.91 |
4.15 |
1.62 |
0.9 |
0.77 |
| Price/earnings ratio 6) | 5.7 | 12.35 |
4.41 |
28.2 |
(6.88) |
(1.25) |
| Dividend NOK | 20.00 | 7.00 | 7.50 | 2.00 | - | - |
| EBITDA US$ | 4.43 | 4.66 |
6.04 |
4.08 |
2.35 |
1.48 |
| EBIT US$ | 1.8 | 2.49 |
3.10 |
1.33 |
0.16 |
(1.36) |
| Equity at book value US$ | 12.5 | 13 |
12 |
12.5 |
12.2 |
13 |
| No. of shares (excl. treasury shares) end of period | 5 493 980 | 5
476 797 |
5 550 097 |
5 912 297 |
6 198 354 |
6 630 505 |
| Average number of shares | 5 498 543 | 5
545 074 |
5 609 197 |
5 959 464 |
6 348 731 |
6 630 505 |
Definitions
1 Current assets divided by current liabilities
2 Book equity divided by total assets
3 EBITDA divided by net interest expenses
4 EBITDA in percent of gross freight (incl. partly-owned companies)
5 Pre-tax earnings divided by average number of outstanding shares
6 Market value per share divided by pre-tax earnings