| Income Statement Evolution | |
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| Annual Income Statement Data |
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Actuals in M NOK |
Estimates in M NOK |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Sales | 529 648 | 645 599 | 705 734 | 629 784 | 658 287 | 658 020 | | Operating income (EBITDA) | 188 608 | 229 209 | 253 554 | 235 112 | 248 632 | 253 841 | | Operating profit (EBIT) | 142 800 | 177 859 | 193 030 | 172 706 | 182 782 | 181 264 | | Pre-Tax Profit (EBT) | 136 816 | 213 841 | 206 726 | 169 795 | 182 345 | 176 288 | | Net income | 38 082 | 78 787 | 68 908 | 47 639 | 53 686 | 53 952 | | EPS ( NOK) | 11,9 | 24,7 | 21,6 | 14,9 | 16,7 | 17,1 | | Dividend per Share ( NOK) | 6,00 | 6,50 | 6,75 | 6,94 | 7,16 | 7,39 | | Yield | 4,54% | 4,91% | 5,10% | 5,24% | 5,41% | 5,59% | | Announcement Date | 02/09/2011 06:37am | 02/08/2012 06:29am | 02/07/2013 07:10am | - | - | - |
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Actuals in M NOK |
Estimates in M NOK |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | 69 700 | 90 862 | 54 221 | 57 359 | 74 814 | 91 990 | | Finance | - | - | - | - | - | - | | Operating income (EBITDA) | 188 608 | 229 209 | 253 554 | 235 112 | 248 632 | 253 841 | Leverage (Debt/EBITDA) | 0,37x | 0,40x | 0,21x | 0,24x | 0,30x | 0,36x | | Capital Expenditure | 66 710 | 85 072 | 96 029 | 110 401 | 119 529 | 125 522 | | Book Value Per Share (BVPS) | 69,0 NOK | 87,5 NOK | 100 NOK | 110 NOK | 119 NOK | 129 NOK | | Cash Flow per Share | 25,4 NOK | 35,0 NOK | 40,2 NOK | 37,7 NOK | 38,3 NOK | 40,3 NOK | | Announcement Date | 02/09/2011 06:37am | 02/08/2012 06:29am | 02/07/2013 07:10am | - | - | - |
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Assessed data source : © 2013 Thomson Reuters |
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Valuation |
2013e |
2014e |
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PER (Price / EPS)
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8,90x |
7,90x |
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Capitalization / Revenue
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0,67x |
0,64x |
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EV / Revenue
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0,76x |
0,75x |
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EV / EBITDA
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2,04x |
2,00x |
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Yield (DPS / Price)
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5,24% |
5,41% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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27,4% |
27,8% |
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operating laverage (Delta EBIT / Delta Sales)
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-0,98x |
1,29x |
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Net Margin (Net Profit / Revenue)
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7,56% |
8,16% |
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ROA (Net Profit / Asset)
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13,6% |
17,5% |
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ROE (Net Profit / Equities)
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14,7% |
14,6% |
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Rate of Dividend
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46,7% |
42,8% |
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