Norske Skog ASA
ISIN: NO0010861115 | Ticker: NSKOG | LEI: 529900MYY60WXHHY3039
Country: Norway
Norske Skog is a world leading producer of publication paper with strong market positions and customer relations in Europe and Australasia.
The Norske Skog Group operates four mills in Europe, of which two will produce recycled containerboard following planned conversion projects. In addition, the Group operates one publication paper mill in Australasia.
Norske Skog aims to further diversify its operations and continue its transformation into a growing and high margin business through a range of promising fibre projects.
Our goal is to deliver sustainable products to our customers and good return for shareholders. To reach these objectives, the company has opted to be a low-cost producer, pursue sustainable growth and focus on its core business; newsprint and magazine paper.
1962
Served areaWorldwide
Headcount2,100
HeadquartersPostboks 294 Skøyen, 0213 Oslo – Norway
| Line item in (nok) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 7,787,000,000.00 | 9,125,000,000.00 | 13,609,000,000.00 |
| Noncurrent Assets | N/A | 4,084,000,000.00 | 4,538,000,000.00 | 7,069,000,000.00 |
| Property Plant And Equipment | N/A | 3,586,000,000.00 | 4,103,000,000.00 | 5,852,000,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 55,000,000.00 | 21,000,000.00 | 14,000,000.00 |
| Investments In Associates | N/A | 43,000,000.00 | 108,000,000.00 | 299,000,000.00 |
| Deferred Tax Assets | N/A | N/A | 0.00 | 137,000,000.00 |
| Other Noncurrent Assets | N/A | 401,000,000.00 | 305,000,000.00 | 768,000,000.00 |
| Current Assets | N/A | 3,703,000,000.00 | 4,587,000,000.00 | 6,539,000,000.00 |
| Inventories | N/A | 1,194,000,000.00 | 1,203,000,000.00 | 1,464,000,000.00 |
| Trade And Other Current Receivables | N/A | 1,288,000,000.00 | 1,411,000,000.00 | 1,944,000,000.00 |
| Cash and cash equivalents | 970,000,000.00 | 980,000,000.00 | 1,489,000,000.00 | 2,650,000,000.00 |
| Other Current Assets | N/A | 241,000,000.00 | 484,000,000.00 | 481,000,000.00 |
| Equity And Liabilities | N/A | 7,787,000,000.00 | 9,125,000,000.00 | 13,609,000,000.00 |
| Equity | 5,493,000,000.00 | 3,219,000,000.00 | 3,133,000,000.00 | 5,909,000,000.00 |
| Issued Capital | N/A | 8,510,000,000.00 | 8,898,000,000.00 | 8,898,000,000.00 |
| Liabilities | N/A | 4,568,000,000.00 | 5,991,000,000.00 | 7,700,000,000.00 |
| Noncurrent Liabilities | N/A | 2,496,000,000.00 | 3,391,000,000.00 | 4,422,000,000.00 |
| Noncurrent Provisions For Employee Benefits | N/A | 297,000,000.00 | 312,000,000.00 | 278,000,000.00 |
| Deferred Tax Liabilities | N/A | 308,000,000.00 | 260,000,000.00 | 208,000,000.00 |
| Other Noncurrent Liabilities | N/A | 277,000,000.00 | 463,000,000.00 | 504,000,000.00 |
| Current Liabilities | N/A | 2,073,000,000.00 | 2,600,000,000.00 | 3,278,000,000.00 |
| Trade And Other Current Payables | N/A | 1,728,000,000.00 | 1,910,000,000.00 | 2,245,000,000.00 |
| Current Tax Liabilities Current | N/A | 54,000,000.00 | 50,000,000.00 | 358,000,000.00 |
| Other Current Liabilities | N/A | 199,000,000.00 | 454,000,000.00 | 364,000,000.00 |
| Line item in (nok) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 9,173,000,000.00 | 9,848,000,000.00 | 14,537,000,000.00 |
| Raw Materials And Consumables Used | 5,093,000,000.00 | 6,055,000,000.00 | 7,937,000,000.00 |
| Employee Benefits Expense | 1,760,000,000.00 | 1,723,000,000.00 | 2,024,000,000.00 |
| Depreciation Expense | 438,000,000.00 | 433,000,000.00 | 546,000,000.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 451,000,000.00 | -22,000,000.00 | 164,000,000.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 451,000,000.00 | -22,000,000.00 | 164,000,000.00 |
| Profit Loss From Operating Activities | -1,339,000,000.00 | -160,000,000.00 | 2,845,000,000.00 |
| Finance Income | 6,000,000.00 | 5,000,000.00 | 31,000,000.00 |
| Finance Costs | 170,000,000.00 | 200,000,000.00 | 190,000,000.00 |
| Profit Loss Before Tax | -1,698,000,000.00 | -295,000,000.00 | 2,778,000,000.00 |
| Income Tax Expense Continuing Operations | 186,000,000.00 | 68,000,000.00 | 206,000,000.00 |
| Profit (loss) | -1,884,000,000.00 | -363,000,000.00 | 2,572,000,000.00 |
| Line item in (nok) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | -1,884,000,000.00 | -363,000,000.00 | 2,572,000,000.00 |
| Adjustments For Income Tax Expense | N/A | -102,000,000.00 | -106,000,000.00 | -101,000,000.00 |
| Adjustments For Provisions | N/A | 6,000,000.00 | -28,000,000.00 | -22,000,000.00 |
| Other Adjustments For Noncash Items | N/A | 179,000,000.00 | -7,000,000.00 | -82,000,000.00 |
| Other Adjustments To Reconcile Profit Loss | N/A | -12,000,000.00 | -37,000,000.00 | -14,000,000.00 |
| Interest Paid Classified As Operating Activities | N/A | 109,000,000.00 | 107,000,000.00 | 122,000,000.00 |
| Interest Received Classified As Operating Activities | N/A | 5,000,000.00 | 4,000,000.00 | 31,000,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 549,000,000.00 | 191,000,000.00 | 2,040,000,000.00 |
| Other Cash Receipts From Sales Of Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | N/A | 80,000,000.00 | 207,000,000.00 | 275,000,000.00 |
| Other Cash Payments To Acquire Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | N/A | 79,000,000.00 | 95,000,000.00 | 30,000,000.00 |
| Cash Flows From Used In Investing Activities | N/A | 302,000,000.00 | -891,000,000.00 | -1,956,000,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 472,000,000.00 | 1,202,000,000.00 | 1,354,000,000.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 811,000,000.00 | 383,000,000.00 | 321,000,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | 516,000,000.00 | 0.00 | N/A |
| Cash Flows From Used In Financing Activities | N/A | -855,000,000.00 | 1,207,000,000.00 | 1,033,000,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 16,000,000.00 | 2,000,000.00 | 43,000,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 11,000,000.00 | 509,000,000.00 | 1,161,000,000.00 |
| Cash and cash equivalents | 970,000,000.00 | 980,000,000.00 | 1,489,000,000.00 | 2,650,000,000.00 |
Please note that some sums might not add up.
NO0010861115
LEI529900MYY60WXHHY3039
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