Odfjell Technology Income Statement

Financials in millions NOK. Fiscal year is January - December.

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,533	5,427	5,021	3,885	2,948
Revenue Growth (YoY)	1.96%	8.08%	29.25%	31.77%	25.86%
Gross Profit	5,533	5,427	5,021	3,885	2,948
Selling, General & Admin	3,421	3,607	3,292	2,573	2,028
Other Operating Expenses	1,312	1,027	916.4	653.1	539.1
Operating Expenses	5,023	4,969	4,557	3,506	2,830
Operating Income	510.9	458.4	464.5	379	118.5
Interest Expense	-119.6	-184.5	-159	-110.7	-6
Interest & Investment Income	14.6	21.3	25.9	6	5
Earnings From Equity Investments	-19.5	2.2	5.1	-19.9	-4.6
Currency Exchange Gain (Loss)	-4.6	-31	-1	-31.8	-16.6
Other Non Operating Income (Expenses)	-4.6	-3.5	-1.7	-1.5	0.4
EBT Excluding Unusual Items	377.2	262.9	333.8	221.1	96.7
Gain (Loss) on Sale of Investments	-	10	-	-	2.1
Gain (Loss) on Sale of Assets	-	22.3	26.9	13.6	4
Asset Writedown	-	-	0.8	-8.5	-
Pretax Income	377.2	295.2	361.5	226.2	102.8
Income Tax Expense	49.2	42	17.3	-26.8	-9.2
Earnings From Continuing Operations	328	253.2	344.2	253	112
Minority Interest in Earnings	-	-	-	-	4.5
Net Income	328	253.2	344.2	253	116.5
Net Income to Common	328	253.2	344.2	253	116.5
Net Income Growth	29.54%	-26.44%	36.05%	117.17%	-10.87%
Shares Outstanding (Basic)	39	39	39	39	39
Shares Outstanding (Diluted)	40	41	40	39	39
Shares Change (YoY)	-1.10%	0.63%	2.23%	-	-
EPS (Basic)	8.31	6.42	8.72	6.41	2.95
EPS (Diluted)	8.17	6.24	8.53	6.41	2.95
EPS Growth	30.93%	-26.85%	33.07%	117.21%	-
Free Cash Flow	123.8	155.2	460.6	231.6	-72.6
Free Cash Flow Per Share	3.08	3.82	11.42	5.87	-1.84
Dividend Per Share	6.080	5.070	1.899	1.267	-
Dividend Growth	19.92%	166.98%	49.88%	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	9.23%	8.45%	9.25%	9.75%	4.02%
Profit Margin	5.93%	4.67%	6.86%	6.51%	3.95%
Free Cash Flow Margin	2.24%	2.86%	9.17%	5.96%	-2.46%
EBITDA	719.3	729.3	763.1	623	321.3
EBITDA Margin	13.00%	13.44%	15.20%	16.04%	10.90%
D&A For EBITDA	208.4	270.9	298.6	244	202.8
EBIT	510.9	458.4	464.5	379	118.5
EBIT Margin	9.23%	8.45%	9.25%	9.75%	4.02%
Effective Tax Rate	13.04%	14.23%	4.79%	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.