DNO ASA
ISIN: NO0003921009 | Ticker: DNO | LEI: 5967007LIEEXZXH3K072
Country: Norway
DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d’Ivoire, Netherlands and Yemen.
Our mission is to deliver attractive returns to shareholders by finding and producing oil and gas at low cost
and at an acceptable level of risk in a socially responsible and environmentally sensitive manner.
DNO's DNA is to be first, fair and firm. We are driven to stay ahead of our competition – and ahead of the opportunities. We treat stakeholders fairly by adhering to high standards of governance, business conduct and corporate social responsibility. We meet our commitments efficiently and transparently and expect the same of our suppliers, contractors, partners and host governments.
1971
Served areaWorldwide
HeadquartersDokkveien 1, 0250 Oslo – Norway
| Line item in (usd) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 2,708,700,000.00 | 2,947,800,000.00 | 2,803,000,000.00 |
| Noncurrent Assets | N/A | 1,887,100,000.00 | 1,670,400,000.00 | 1,338,100,000.00 |
| Property Plant And Equipment | N/A | 1,174,100,000.00 | 1,284,900,000.00 | 1,108,600,000.00 |
| Goodwill | N/A | 162,000,000.00 | 88,200,000.00 | 56,100,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 308,600,000.00 | 232,400,000.00 | 97,200,000.00 |
| Investments In Subsidiaries Joint Ventures And Associates | N/A | N/A | 0.00 | 76,100,000.00 |
| Noncurrent Receivables | N/A | 182,400,000.00 | 19,400,000.00 | 0.00 |
| Deferred Tax Assets | N/A | 47,400,000.00 | 29,300,000.00 | 0.00 |
| Other Noncurrent Financial Assets | N/A | 12,600,000.00 | 16,200,000.00 | N/A |
| Noncurrent Financial Assets At Fair Value Through Other Comprehensive Income | N/A | N/A | 16,200,000.00 | 0.00 |
| Current Assets | N/A | 821,600,000.00 | 1,277,300,000.00 | 1,464,900,000.00 |
| Inventories | N/A | 41,900,000.00 | 35,800,000.00 | 47,000,000.00 |
| Trade And Other Current Receivables | N/A | 239,600,000.00 | 483,800,000.00 | 437,800,000.00 |
| Current Tax Assets Current | N/A | 63,100,000.00 | 21,100,000.00 | 25,800,000.00 |
| Cash and cash equivalents | 485,700,000.00 | 477,100,000.00 | 736,600,000.00 | 954,300,000.00 |
| Current Restricted Cash And Cash Equivalents | N/A | 13,600,000.00 | 15,800,000.00 | 22,500,000.00 |
| Equity And Liabilities | N/A | 2,708,700,000.00 | 2,947,800,000.00 | 2,803,000,000.00 |
| Equity | 1,161,300,000.00 | 845,600,000.00 | 1,018,800,000.00 | 1,369,400,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 845,600,000.00 | 1,018,800,000.00 | 1,369,400,000.00 |
| Liabilities | N/A | 1,863,000,000.00 | 1,929,000,000.00 | 1,433,600,000.00 |
| Noncurrent Liabilities | N/A | 1,566,900,000.00 | 1,543,200,000.00 | 988,400,000.00 |
| Other Longterm Provisions | N/A | 440,100,000.00 | 402,400,000.00 | 379,600,000.00 |
| Deferred Tax Liabilities | N/A | 178,800,000.00 | 267,300,000.00 | 62,400,000.00 |
| Current Liabilities | N/A | 296,100,000.00 | 385,800,000.00 | 445,300,000.00 |
| Other Shortterm Provisions | N/A | 112,000,000.00 | 120,200,000.00 | 67,000,000.00 |
| Trade And Other Current Payables | N/A | 180,300,000.00 | 232,600,000.00 | 244,100,000.00 |
| Current Tax Liabilities Current | N/A | 0.00 | 33,100,000.00 | 125,700,000.00 |
| Other Current Financial Liabilities | N/A | N/A | 0.00 | 8,400,000.00 |
| Line item in (usd) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue From Sale Of Oil And Gas Products | 614,900,000.00 | 1,004,100,000.00 | 1,377,000,000.00 |
| Other Income | 0.00 | 500,000.00 | N/A |
| Profit Loss From Operating Activities | -314,500,000.00 | 320,900,000.00 | 431,400,000.00 |
| Finance Income | 19,800,000.00 | 26,000,000.00 | 13,800,000.00 |
| Finance Costs | 131,000,000.00 | 126,700,000.00 | 98,700,000.00 |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | N/A | 0.00 | 6,000,000.00 |
| Profit Loss Before Tax | -425,800,000.00 | 220,100,000.00 | 346,500,000.00 |
| Income Tax Expense Continuing Operations | -139,800,000.00 | 16,300,000.00 | -38,400,000.00 |
| Profit (loss) | -285,900,000.00 | 203,900,000.00 | 384,900,000.00 |
| Profit Loss Attributable To Owners Of Parent | -285,900,000.00 | 203,900,000.00 | 384,900,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | 0.00 | 0.00 | 0.00 |
| Line item in (usd) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | -285,900,000.00 | 203,900,000.00 | 384,900,000.00 |
| Adjustments For Decrease Increase In Inventories | N/A | -13,700,000.00 | 5,000,000.00 | -11,200,000.00 |
| Adjustments For Depreciation And Amortisation Expense | N/A | 361,400,000.00 | 206,000,000.00 | 216,700,000.00 |
| Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | N/A | 276,000,000.00 | 80,100,000.00 | 371,300,000.00 |
| Adjustments For Provisions | N/A | -2,700,000.00 | 3,800,000.00 | 5,900,000.00 |
| Other Adjustments To Reconcile Profit Loss | N/A | 1,000,000.00 | 1,000,000.00 | 11,000,000.00 |
| Cash Flows From Used In Operations | N/A | 252,900,000.00 | 625,300,000.00 | 1,123,000,000.00 |
| Interest Paid Classified As Operating Activities | N/A | 85,700,000.00 | 73,000,000.00 | 58,100,000.00 |
| Interest Received Classified As Operating Activities | N/A | 2,700,000.00 | 1,700,000.00 | 12,500,000.00 |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | -236,300,000.00 | -174,700,000.00 | N/A |
| Cash Flows From Used In Operating Activities | N/A | 406,200,000.00 | 728,800,000.00 | 1,056,300,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | N/A | 0.00 | -21,500,000.00 |
| Other Cash Receipts From Sales Of Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | N/A | N/A | 0.00 | 1,000,000.00 |
| Other Cash Payments To Acquire Interests In Joint Ventures Classified As Investing Activities | N/A | N/A | 0.00 | 4,200,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 162,200,000.00 | 193,800,000.00 | 300,200,000.00 |
| Purchase Of Intangible Assets Classified As Investing Activities | N/A | 62,800,000.00 | 86,800,000.00 | 74,600,000.00 |
| Dividends Received Classified As Investing Activities | N/A | N/A | 0.00 | 11,500,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -255,700,000.00 | -362,000,000.00 | -415,000,000.00 |
| Payments To Acquire Or Redeem Entitys Shares | N/A | 17,800,000.00 | 0.00 | 11,700,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 152,300,000.00 | 400,000,000.00 | 0.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 290,300,000.00 | 459,000,000.00 | 323,700,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 3,400,000.00 | 8,600,000.00 | 10,800,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | 0.00 | 22,200,000.00 | 72,800,000.00 |
| Cash Flows From Used In Financing Activities | N/A | -159,100,000.00 | -105,400,000.00 | -419,100,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | -8,600,000.00 | 261,500,000.00 | 222,300,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 0.00 | -2,000,000.00 | -4,500,000.00 |
| Cash and cash equivalents | 485,700,000.00 | 477,100,000.00 | 736,600,000.00 | 954,300,000.00 |
Please note that some sums might not add up.
NO0003921009
LEI5967007LIEEXZXH3K072
SectorOil & Gas Exploration & Production
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