CJ1.SG | Norwegian Energy Co ASA Annual & Quarterly Income

Annual Income Statements

(In USD)

Breakdown	2023	2022	2021	2020	2019
Revenue	795 Million	966.9 Million	565.3 Million	567 Million	333 Million
Cost of Revenue	340.1 Million	456.8 Million	405 Million	487 Million	148 Million
Gross Profit	454.9 Million	510.1 Million	160.3 Million	80 Million	185 Million
Operating Expenses	136.1 Million	80.3 Million	58 Million	58 Million	436 Million
Selling, General and Administrative Expenses	18 Million	15.3 Million	8.2 Million	5 Million	16 Million
Research and Development Expenses	-	-	-	-	-
Other Expenses	118.1 Million	-	-	-	420 Million
Cost and Expenses	476.2 Million	537.1 Million	463 Million	545 Million	584 Million
Operating Income	318.8 Million	477.7 Million	137.3 Million	57 Million	-251 Million
Interest Expense	18.8 Million	37.6 Million	89 Million	86 Million	36 Million
Income Tax Expense	133.7 Million	317.8 Million	58.1 Million	-35 Million	414 Million
Earnings before Tax	243.6 Million	309 Million	4.9 Million	-18 Million	-199 Million
Net Income	109.8 Million	-8.8 Million	-53.2 Million	17 Million	215 Million
Earnings Per Share Basic	4.20	-	-	-	12.34
Earnings Per Share Diluted	4.22	-	-	-	12.40
Weighted Average Shares Outstanding	26.14 Million	-	-	-	17.41 Million
Weighted Average Shares Outstanding (Diluted)	26.04 Million	-	-	-	17.33 Million
Gross Margin	0.57	0.53	0.28	0.14	0.56
EBIT Margin	0.46	0.59	0.38	0.33	0.47
Profit Margin	0.14	-0.01	-0.09	0.03	0.65
EBITDA	365 Million	480.1 Million	206.2 Million	261 Million	-50 Million
Earnings Before Tax Margin	0.40	0.49	0.24	0.10	-0.75

Breakdown	2024 Q2	2024 Q1	2023 Q4	2023 FY	2023 Q3	2023 Q2
Revenue	170.9 Million	168.5 Million	183.6 Million	795.1 Million	200.2 Million	190.7 Million
Cost of Revenue	121.5 Million	101.5 Million	103.8 Million	442.7 Million	112.9 Million	108 Million
Gross Profit	49.4 Million	67 Million	79.8 Million	352.4 Million	87.3 Million	82.7 Million
Operating Expenses	22.4 Million	22 Million	23.9 Million	82.8 Million	18.4 Million	21.4 Million
Selling, General and Administrative Expenses	5.2 Million	-	-	-	-	-
Research and Development Expenses	-	-	-	-	-	-
Other Expenses	35.1 Million	-	-	-	-	-
Cost and Expenses	143.9 Million	123.5 Million	127.7 Million	525.5 Million	131.3 Million	129.4 Million
Operating Income	40.7 Million	58.5 Million	68.3 Million	318.8 Million	81.3 Million	73.7 Million
Interest Expense	25.3 Million	25.9 Million	-43.9 Million	18.8 Million	20 Million	4.8 Million
Income Tax Expense	11.9 Million	12.7 Million	51.5 Million	133.7 Million	38.3 Million	24 Million
Earnings before Tax	10.6 Million	8.1 Million	106.6 Million	243.6 Million	32 Million	50.3 Million
Net Income	-1.3 Million	-4.6 Million	55.1 Million	109.8 Million	-6.3 Million	26.3 Million
Earnings Per Share Basic	-0.10	-	-	-	-	-
Earnings Per Share Diluted	-0.04	-	-	-	-	-
Weighted Average Shares Outstanding	13 Million	-	-	-	-	-
Weighted Average Shares Outstanding (Diluted)	30.9 Million	-	-	-	-	-
Gross Margin	0.29	0.40	0.43	0.44	0.44	0.43
EBIT Margin	0.37	0.47	0.42	-	0.51	0.46
Profit Margin	-0.01	-0.03	0.30	0.14	-0.03	0.14
EBITDA	62.8 Million	79.7 Million	76.8 Million	-	103 Million	88.1 Million
Earnings Before Tax Margin	0.24	0.35	0.37	0.40	0.41	0.39