Key financial figures

For further information on key financial figures please read the latest annual report or quarterly report.
Updated

Income statement

(USD million)

Year

2023

Year

2022*

Year

2021

Year

2020

Year

2019

Total income 1029 958 874 812 850

Operating profit before amortisation

and impairment (EBITDA)

147 153 141 138 149
Operating profit (EBIT) 88 83 73 60 78
Profit before tax 515 440 66 205 144
Net profit 487 427 53 178 130

Net profit/(loss) after non-controlling interests

466 400 72 117 114

Balance sheet

(USD million)

31.12

2023

31.12

2022*

31.12

2021

31.12

2020

31.12

2019

Non current assets 3294 2981 2702 2736 2 638
Current assets 811 730 746 751 655
Equity 2857 2438 2230 2265 2 082
Interest-bearing debt                         608 654 642 657 675
Total assets 4105 3711 3448 3 488 3 293

Key figures per share

(USD)

Year

2023

Year

2022*

Year

2021

Year

2020

Year

2019

Earnings per share (1) 10.52 8.98 1.63 2.63 2.46
EBITDA per share (2) 3.33 3.42 3.16 3.10 3.24

Key financial figures

(USD million)

Year

2023

Year

2022*

Year

2021

Year

2020

Year

2019

Cash flow from operations(3) 194 64 122 194 98
 

 

31.12

2023

 

31.12

2022*

 

31.12

2021

 

31.12

2020

 

31.12

2019

Liquid funds (4) 349 267 366 393 255
Liquidity ratio (5)
1.3 1.1 0.9 1.3 1.2
Equity ratio (6) 70% 66% 65% 65% 63%
Yield                                           

Year

2023

Year

2022*

Year

2021

Year

2020

Year

2019

Return on equity (7) 19% 19% 4% 6% 6%

*The investment in Hyundai Glovis has been restated from fair value through income statement to equity method. The comparative figures for 2022 are restated.

Definitions:

1. Profit for the period after non-controlling interests, divided by average number of shares outstanding. Earnings per share taking into consideration the number of shares reduced for own shares.
2. Operating profit for the period adjusted for depreciation and impairement of assets, divided by average number of shares outstanding.
3. Net cash flow from operating activities.
4. Cash and cash equivalents, and current financial investments.
5. Current assets divided by current liabilities.
6. Equity in percent of total assets.
7. Profit after tax divided by average equity.