Please find enclosed Annual Report 2021 for Fjord1. 

The Annual Accounts were approved by the Board of Directors 6 April 2022. Please
note that the net income for the full year 2021 revisors to NOK 137.5 million
from NOK 104.5 million reported in the preliminary figures released on 1 March
2022. The difference follows adjustments related to settlement of ferry
contracts and classification of operating and pension costs. This also increased
the equity from NOK 2,537 million to NOK 2,570 million, corresponding to an
equity ratio of 25%, and increased the net cash from operating activities to NOK
1,195 million from NOK 1,172 million. Otherwise there are no material changes
from the preliminary figures.

Fjord1 is also launching its own Sustainability report 2021 ,the report is
published at www.fjord1.no.    

For further information, please contact:  

Dagfinn Neteland, CEO, Fjord1 AS 
dagfinn.neteland@fjord1.no  
+47 913 71 071  

Anne-Mari Sundal Bøe, CFO, Fjord1 AS  
anne.mari.sundal.boe@fjord1.no  
+47 902 78 906  

 

About Fjord1  
Fjord1 aims to be the safest and most attractive provider of environmentally
friendly and reliable transport for customers, clients and partners. Fjord1 is a
leading player in the Norwegian ferry market with more than 80 ferries, with
operations also in passenger-boat services, catering and tourism. More
information on www.fjord1.no

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange