Odfjell Group
ISIN: NO0003399909 | Ticker: ODF | LEI: 529900J8VSH14TP5VD23
Country: Norway
The Odfjell Group is one of the world leaders in the global market for seaborne transportation and storage of chemicals and other specialty bulk liquids.
Established in 1914, Odfjell pioneered the development of the chemical tanker trade in the 1950s and the tank storage business in the late 1960s.
Sounds easy – but the logistics behind the perceived simplicity of this task are immensely complex. 2 300 colleagues around the world work to secure safe and reliable storage and coordinate the transport of more than 600 different chemicals, each one requiring special handling. The expertise of our people makes all the difference.
1914
Served areaWorldwide
Headcount2,300
HeadquartersConrad Mohrsv. 29, 5892 Bergen – Norway
| Line item in (usd) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 2,220,089,000.00 | 2,073,130,000.00 | 2,008,719,000.00 |
| Noncurrent Assets | N/A | 1,993,010,000.00 | 1,806,423,000.00 | 1,721,462,000.00 |
| Buildings | N/A | 1,498,000.00 | 1,230,000.00 | 979,000.00 |
| Ships | N/A | 1,515,109,000.00 | 1,392,772,000.00 | 1,319,620,000.00 |
| Investment Accounted For Using Equity Method | N/A | 200,446,000.00 | 179,470,000.00 | 167,791,000.00 |
| Other Noncurrent Receivables | N/A | 4,756,000.00 | 2,747,000.00 | 4,638,000.00 |
| Deferred Tax Assets | N/A | 669,000.00 | 926,000.00 | 1,795,000.00 |
| Noncurrent Recognised Assets Defined Benefit Plan | N/A | 1,805,000.00 | 1,644,000.00 | 1,578,000.00 |
| Noncurrent Derivative Financial Assets | N/A | 1,675,000.00 | 0.00 | 9,302,000.00 |
| Current Assets | N/A | 227,079,000.00 | 266,707,000.00 | 287,257,000.00 |
| Other Inventories | N/A | 25,169,000.00 | 38,754,000.00 | 32,960,000.00 |
| Current Trade Receivables | N/A | 92,136,000.00 | 116,465,000.00 | 117,821,000.00 |
| Trade And Other Current Receivables Due From Related Parties | N/A | N/A | 727,000.00 | 750,000.00 |
| Current Financial Assets Availableforsale | N/A | 0.00 | 15,594,000.00 | 12,935,000.00 |
| Cash and cash equivalents | 100,802,000.00 | 103,111,000.00 | 73,477,000.00 | 117,667,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | N/A | 0.00 | 21,019,000.00 | 0.00 |
| Current Derivative Financial Assets | N/A | 6,663,000.00 | 671,000.00 | 5,123,000.00 |
| Equity And Liabilities | N/A | 2,220,089,000.00 | 2,073,130,000.00 | 2,008,719,000.00 |
| Equity | 551,156,000.00 | 575,896,000.00 | 548,587,000.00 | 697,220,000.00 |
| Issued Capital | N/A | 29,425,000.00 | 29,425,000.00 | 29,425,000.00 |
| Share Premium | N/A | 172,388,000.00 | 172,388,000.00 | 172,388,000.00 |
| Treasury Shares | N/A | 2,546,000.00 | 2,504,000.00 | 2,486,000.00 |
| Liabilities | N/A | 1,644,193,000.00 | 1,524,543,000.00 | 1,311,499,000.00 |
| Noncurrent Liabilities | N/A | 1,301,853,000.00 | 1,165,280,000.00 | 918,533,000.00 |
| Deferred Tax Liabilities | N/A | 299,000.00 | 268,000.00 | 15,000.00 |
| Noncurrent Recognised Liabilities Defined Benefit Plan | N/A | 6,140,000.00 | 5,296,000.00 | 3,534,000.00 |
| Noncurrent Derivative Financial Liabilities | N/A | 25,652,000.00 | 17,263,000.00 | 8,168,000.00 |
| Other Noncurrent Liabilities | N/A | 437,000.00 | 841,000.00 | 11,090,000.00 |
| Longterm Borrowings | N/A | 1,059,763,000.00 | 969,049,000.00 | 739,090,000.00 |
| Current Liabilities | N/A | 342,340,000.00 | 359,263,000.00 | 392,966,000.00 |
| Current Tax Liabilities Current | N/A | 333,000.00 | 123,000.00 | 214,000.00 |
| Current Derivative Financial Liabilities | N/A | 8,442,000.00 | 9,156,000.00 | 25,351,000.00 |
| Other Current Liabilities | N/A | 95,126,000.00 | 120,179,000.00 | 85,987,000.00 |
| Line item in (usd) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 939,060,000.00 | 1,038,367,000.00 | 1,309,545,000.00 |
| Depreciation And Amortisation Expense | 153,019,000.00 | 179,900,000.00 | 161,217,000.00 |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | 13,450,000.00 | 5,117,000.00 | 12,694,000.00 |
| Profit Loss Before Tax | 31,310,000.00 | -29,770,000.00 | 144,699,000.00 |
| Income Tax Expense Continuing Operations | 3,481,000.00 | 3,437,000.00 | 3,090,000.00 |
| Profit (loss) | 27,829,000.00 | -33,206,000.00 | 141,609,000.00 |
| Line item in (usd) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | 27,829,000.00 | -33,206,000.00 | 141,609,000.00 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | N/A | -1,287,000.00 | -613,000.00 | -3,371,000.00 |
| Interest Paid Classified As Operating Activities | N/A | 85,265,000.00 | 73,920,000.00 | 80,842,000.00 |
| Interest Received Classified As Operating Activities | N/A | 992,000.00 | 605,000.00 | 4,544,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 155,166,000.00 | 152,620,000.00 | 288,624,000.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | 4,113,000.00 | 20,440,000.00 | 34,734,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 207,167,000.00 | 34,371,000.00 | 37,314,000.00 |
| Cash Advances And Loans Made To Other Parties Classified As Investing Activities | N/A | -6,067,000.00 | -2,509,000.00 | 1,891,000.00 |
| Cash Receipts From Repayment Of Advances And Loans Made To Other Parties Classified As Investing Activities | N/A | N/A | 2,509,000.00 | N/A |
| Dividends Received Classified As Investing Activities | N/A | 1,403,000.00 | 2,890,000.00 | 2,683,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -214,584,000.00 | -20,271,000.00 | -20,864,000.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 175,112,000.00 | 312,635,000.00 | 376,715,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 53,920,000.00 | 60,729,000.00 | 61,990,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | N/A | 0.00 | 26,250,000.00 |
| Other Inflows Outflows Of Cash Classified As Financing Activities | N/A | N/A | 0.00 | -4,818,000.00 |
| Cash Flows From Used In Financing Activities | N/A | 63,079,000.00 | -161,161,000.00 | -221,466,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | -1,352,000.00 | -821,000.00 | -2,102,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 2,309,000.00 | -29,634,000.00 | 44,191,000.00 |
| Cash and cash equivalents | 100,802,000.00 | 103,111,000.00 | 73,477,000.00 | 117,667,000.00 |
Please note that some sums might not add up.
NO0003399909
LEI529900J8VSH14TP5VD23
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