Cash flow Endúr ASA London S.E.

Stocks

0JGO

NO0012555459

Shipbuilding

Market Closed - London S.E. Other stock markets 19:04:23 17/05/2018 +03			After hours 17:20:00
1.628 ^NOK	-97.99%		111.70	+6,761.18%

07-06	Endúr Unit Bags NOK78 Million Contract for New Wastewater Treatment Plant in Norway	MT
06-23	Endúr Unit Lands NOK220 Million Civil Construction Works Deal	MT

426dd6bc3e9df56fcf761add4ea0fc31._4TF_o29MeosXeyq0zw6EwMUmrYSm1SLFNT8Wu1LE1g.u9K9pL_2Zo10KaDCg1ADTGclqsJ-4hfpVpiSaoE7WiGS6K6R9dFinRgH2A

Published financial data: ENDÚR ASA

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	2B	2.49B	1.96B	2.77B	6.4B
Other Revenues, Total	10.2M	18.3M	17.1M	20.5M	18.7M
Total Revenues	2.01B	2.51B	1.98B	2.79B	6.42B
Cost of Goods Sold, Total	1.3B	1.61B	1.04B	1.35B	4.12B
Gross Profit	712M	897M	939M	1.43B	2.3B
Selling General & Admin Expenses, Total	381M	426M	485M	728M	1.14B
Depreciation & Amortization - (IS)	120M	134M	153M	221M	333M
Other Operating Expenses	192M	241M	214M	338M	504M
Other Operating Expenses, Total	692M	800M	852M	1.29B	1.98B
Operating Income	19.3M	96.3M	86.1M	147M	322M
Interest Expense, Total	-93.3M	-94M	-71.4M	-87.6M	-116M
Interest And Investment Income	700K	13.1M	10.8M	100K	10.4M
Net Interest Expenses	-92.6M	-80.9M	-60.6M	-87.5M	-106M
Currency Exchange Gains (Loss)	-2.2M	-6.3M	-19.4M	-2.3M	-15.2M
Other Non Operating Income (Expenses)	-13.9M	5.2M	-39.5M	-1.8M	-33.6M
EBT, Excl. Unusual Items	-89.4M	14.3M	-33.4M	55.5M	167M
Impairment of Goodwill	-22.8M	-	-	-	-
Asset Writedown	-	-	-	-400K	-
EBT, Incl. Unusual Items	-112M	14.3M	-33.4M	55.1M	167M
Income Tax Expense	-45.1M	5.2M	-6.4M	11.6M	32.9M
Earnings From Continuing Operations	-67.1M	9.1M	-27M	43.5M	134M
Earnings Of Discontinued Operations	15.3M	-	-	-	-
Net Income to Company	-51.8M	9.1M	-27M	43.5M	134M
Minority Interest	-	-	-	-100K	-700K
Net Income - (IS)	-51.8M	9.1M	-27M	43.4M	134M
Net Income to Common Incl Extra Items	-51.8M	9.1M	-27M	43.4M	134M
Net Income to Common Excl. Extra Items	-67.1M	9.1M	-27M	43.4M	134M
Per Share Items
Net EPS - Basic	-2.38	0.33	-0.84	1.18	2.79
Basic EPS - Continuing Operations	-3.09	0.33	-0.84	1.18	2.79
Basic Weighted Average Shares Outstanding	21.75M	27.45M	32.3M	36.87M	47.9M
Net EPS - Diluted	-2.38	0.33	-0.84	1.16	2.75
Diluted EPS - Continuing Operations	-3.09	0.33	-0.84	1.16	2.75
Diluted Weighted Average Shares Outstanding	21.75M	27.45M	32.3M	37.38M	48.8M
Normalized Basic EPS	-2.57	0.33	-0.65	0.94	2.17
Normalized Diluted EPS	-2.57	0.33	-0.65	0.93	2.13
Dividend Per Share	-	-	-	-	0.8
Supplemental Items
EBITDA	108M	201M	190M	264M	482M
EBITA	53.2M	146M	131M	190M	401M
EBIT	19.3M	96.3M	86.1M	147M	322M
EBITDAR	110M	202M	191M	266M	487M
Total Revenues (As Reported)	2.01B	2.51B	1.98B	2.79B	6.42B
Effective Tax Rate - (Ratio)	40.2	36.36	19.16	21.05	19.65
Total Current Taxes	10.2M	4.3M	22.3M	6.2M	54.9M
Total Deferred Taxes	-55.3M	900K	-29.9M	5M	-20.3M
Normalized Net Income	-55.88M	8.94M	-20.88M	34.59M	104M
Interest on Long-Term Debt	90.6M	89.9M	25.8M	22.7M	36.4M
Supplemental Operating Expense Items
Net Rental Expense, Total	1.2M	1.4M	1.2M	1.2M	5.4M
Imputed Operating Lease Interest Expense	1.31M	1.11M	716K	841K	3.95M
Imputed Operating Lease Depreciation	-106K	285K	484K	359K	1.45M
Stock-Based Comp., SG&A Exp. (Total)	900K	-	-	3.9M	3M
Total Stock-Based Compensation	900K	-	-	3.9M	3M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	304M	315M	103M	192M	1.28B
Total Cash And Short Term Investments	304M	315M	103M	192M	1.28B
Accounts Receivable, Total	502M	622M	621M	576M	1.09B
Other Receivables	21.4M	38.5M	36.4M	28.5M	46.9M
Total Receivables	524M	661M	658M	604M	1.13B
Inventory	26.3M	25.5M	41.9M	55.5M	79.8M
Prepaid Expenses	11.7M	12.5M	19.3M	51.6M	108M
Other Current Assets, Total	-	100K	-	-	-
Total Current Assets	866M	1.01B	822M	904M	2.6B
Gross Property Plant And Equipment	647M	962M	1.41B	1.67B	1.98B
Accumulated Depreciation	-128M	-482M	-688M	-911M	-1.07B
Net Property Plant And Equipment	519M	481M	719M	760M	910M
Long-term Investments	2.4M	3.3M	4.5M	12M	14.9M
Goodwill	848M	833M	1.16B	1.17B	2.52B
Other Intangibles, Total	272M	238M	213M	182M	235M
Deferred Tax Assets Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	-	21.6M	20.8M	27.8M	28.9M
Total Assets	2.51B	2.59B	2.94B	3.06B	6.31B
Liabilities
Accounts Payable, Total	340M	306M	262M	332M	922M
Accrued Expenses, Total	116M	166M	215M	194M	633M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	-	100K	-	118M	155M
Current Portion of Leases	22.7M	25.7M	104M	97.5M	156M
Current Income Taxes Payable	-	-	14.3M	-	54.9M
Unearned Revenue Current, Total	31.4M	104M	15.2M	78.2M	362M
Other Current Liabilities	49.4M	135M	86.7M	97.9M	283M
Total Current Liabilities	559M	736M	697M	918M	2.57B
Long-Term Debt	891M	810M	755M	541M	915M
Long-Term Leases	73.2M	66.3M	153M	230M	333M
Deferred Tax Liability Non Current	77.9M	77.6M	87.6M	70.8M	147M
Other Non Current Liabilities	8.9M	3.5M	55M	61.2M	4M
Total Liabilities	1.61B	1.69B	1.75B	1.82B	3.97B
Common Stock, Total	13.7M	13.7M	18.4M	18.3M	25.2M
Additional Paid In Capital	885M	893M	1.16B	1.17B	2.14B
Retained Earnings	-	9.1M	-	28.8M	142M
Treasury Stock	-	-	-	-100K	-200K
Comprehensive Income and Other	-	-19.7M	8.9M	14.7M	36.4M
Total Common Equity	898M	896M	1.19B	1.23B	2.34B
Minority Interest	-	-	-	2.1M	3.3M
Total Equity	898M	896M	1.19B	1.23B	2.35B
Total Liabilities And Equity	2.51B	2.59B	2.94B	3.06B	6.31B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	27.45M	27.45M	36.77M	36.68M	50.36M
ECS Total Common Shares Outstanding	27.45M	27.45M	36.77M	36.68M	50.36M
Book Value / Share	32.73	32.63	32.41	33.59	46.56
Tangible Book Value	-222M	-175M	-181M	-121M	-412M
Tangible Book Value Per Share	-8.09	-6.39	-4.93	-3.29	-8.19
Total Debt	986M	903M	1.01B	987M	1.56B
Net Debt	682M	588M	909M	794M	278M
Debt Equivalent Oper. Leases	9.6M	11.2M	9.6M	9.6M	43.2M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	2.1M	3.3M
Equity Method Investments, Total	2.4M	-	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	19.1M	10.1M	6.7M	14.9M	15M
Inventories - Work In Process, Total	-	600K	-	-	-
Inventories - Finished Goods, Total	7.2M	16.1M	36.5M	41.9M	67.8M
Land - (BS)	15M	28.6M	57.8M	59.5M	71.6M
Machinery, Total	493M	798M	1.02B	1.13B	1.18B
Full Time Employees	463	495	730	744	1.03K
Part Time Employees	-	-	-	23	40
Accumulated Allowance for Doubtful Accounts (Supple)	4.5M	24.9M	124M	58.2M	58.7M
Order Backlog	2.16B	1.31B	1.85B	3.26B	7.92B

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-51.8M	9.1M	-27M	43.4M	134M
Depreciation & Amortization - CF	85.7M	84.5M	108M	179M	254M
Amortization of Goodwill and Intangible Assets - (CF)	33.9M	49.2M	44.8M	42.4M	79.1M
Depreciation & Amortization, Total	120M	134M	153M	221M	333M
Amortization of Deferred Charges, Total - (CF)	-	4.7M	-	-	-
(Gain) Loss From Sale Of Asset	-	-7.6M	-	-5.1M	-13.1M
Asset Writedown & Restructuring Costs	22.8M	-	-	400K	-
Stock-Based Compensation (CF)	-	-	-	1.8M	2.1M
Net Cash From Discontinued Operations	-51.9M	-	-2.3M	-	-
Other Operating Activities, Total	63.6M	82.5M	98.9M	101M	188M
Change In Accounts Receivable	-402M	-138M	176M	31.8M	74M
Change In Inventories	15.7M	700K	5.2M	-8.1M	-24.3M
Change In Accounts Payable	257M	102M	-148M	45.1M	310M
Change in Unearned Revenues	-1.3M	72.5M	-123M	62.5M	35M
Change in Other Net Operating Assets	-	7.2M	-	-	-
Cash from Operations	-28.9M	267M	133M	494M	1.04B
Capital Expenditure	-120M	-46.7M	-41M	-58.3M	-66.6M
Sale of Property, Plant, and Equipment	75.6M	2.5M	3M	15.1M	21.1M
Cash Acquisitions	-969M	-5.2M	-102M	-20.2M	-279M
Divestitures	-	20.8M	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-11.3M	-
Other Investing Activities, Total	32M	-16.9M	-1.7M	-7M	-300K
Cash from Investing	-982M	-45.5M	-142M	-81.7M	-324M
Long-Term Debt Issued, Total	1.1B	2M	638M	-	1B
Total Debt Issued	1.1B	2M	638M	-	1B
Short Term Debt Repaid, Total	-	-3.2M	-	-	-2.9M
Long-Term Debt Repaid, Total	-481M	-119M	-907M	-216M	-869M
Total Debt Repaid	-481M	-122M	-907M	-216M	-872M
Issuance of Common Stock	639M	-	134M	2.5M	365M
Repurchase of Common Stock	-	-	-	-11.4M	-26M
Other Financing Activities, Total	-102M	-78.8M	-90.5M	-88.1M	-79.1M
Cash from Financing	1.16B	-199M	-225M	-313M	389M
Foreign Exchange Rate Adjustments	-8M	-11.7M	22.4M	-9.4M	-16M
Miscellaneous Cash Flow Adjustments	-	-	100K	100K	100K
Net Change in Cash	137M	10.8M	-212M	89.2M	1.09B
Supplemental Items
Cash Interest Paid	102M	78.9M	90.5M	88M	79M
Cash Income Tax Paid (Refund)	-	-	-	2.6M	-
Levered Free Cash Flow	-150M	130M	-16.81M	321M	1.34B
Unlevered Free Cash Flow	-91.94M	184M	27.81M	376M	1.41B
Change In Net Working Capital	104M	-37.1M	138M	-118M	-941M
Net Debt Issued / Repaid	619M	-120M	-269M	-216M	130M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.69	2.36	1.95	3.07	4.3
Return on Total Capital	0.93	3.27	2.69	4.16	6.57
Return On Equity %	-11.02	1.01	-2.59	3.59	7.51
Return on Common Equity	-11.02	1.01	-2.59	3.58	7.48
Margin Analysis
Gross Profit Margin %	35.42	35.72	47.45	51.45	35.87
SG&A Margin	18.97	16.96	24.53	26.12	17.8
EBITDA Margin %	5.4	8	9.62	9.49	7.5
EBITA Margin %	2.65	5.8	6.62	6.8	6.25
EBIT Margin %	0.96	3.84	4.35	5.28	5.02
Income From Continuing Operations Margin %	-3.34	0.36	-1.36	1.56	2.1
Net Income Margin %	-2.58	0.36	-1.36	1.56	2.09
Net Avail. For Common Margin %	-3.34	0.36	-1.36	1.56	2.09
Normalized Net Income Margin	-2.78	0.36	-1.06	1.24	1.62
Levered Free Cash Flow Margin	-7.48	5.19	-0.85	11.53	20.88
Unlevered Free Cash Flow Margin	-4.58	7.34	1.41	13.5	22.01
Asset Turnover
Asset Turnover	1.15	0.98	0.72	0.93	1.37
Fixed Assets Turnover	5.61	5.02	3.3	3.77	7.69
Receivables Turnover (Average Receivables)	6.05	4.43	3.15	4.62	7.69
Inventory Turnover (Average Inventory)	70.51	62.31	30.85	27.79	60.83
Short Term Liquidity
Current Ratio	1.55	1.38	1.18	0.98	1.01
Quick Ratio	1.48	1.32	1.09	0.87	0.94
Operating Cash Flow to Current Liabilities	-0.05	0.36	0.19	0.54	0.4
Days Sales Outstanding (Average Receivables)	60.35	82.36	115.72	79.15	47.45
Days Outstanding Inventory (Average Inventory)	5.18	5.86	11.83	13.17	6
Average Days Payable Outstanding	63.4	73.08	98.12	79.54	55.32
Cash Conversion Cycle (Average Days)	2.13	15.14	29.43	12.78	-1.86
Long Term Solvency
Total Debt/Equity	109.79	100.76	84.91	79.95	66.39
Total Debt / Total Capital	52.33	50.19	45.92	44.43	39.9
LT Debt/Equity	107.27	97.88	76.16	62.49	53.14
Long-Term Debt / Total Capital	51.13	48.75	41.19	34.73	31.94
Total Liabilities / Total Assets	64.18	65.42	59.45	59.61	62.81
EBIT / Interest Expense	0.21	1.02	1.21	1.68	2.77
EBITDA / Interest Expense	1.49	2.45	3.35	4.2	5.63
(EBITDA - Capex) / Interest Expense	0.2	1.95	2.77	3.54	5.06
Total Debt / EBITDA	7.1	3.92	4.24	2.68	2.38
Net Debt / EBITDA	4.91	2.56	3.8	2.16	0.42
Total Debt / (EBITDA - Capex)	53.61	4.92	5.11	3.18	2.65
Net Debt / (EBITDA - Capex)	37.07	3.21	4.59	2.56	0.47
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	617.02	24.96	-21.21	40.91	130.2
Gross Profit, 1 Yr. Growth %	567.01	25.99	4.67	52.79	60.47
EBITDA, 1 Yr. Growth %	-1K	85.16	-5.33	35.38	82.11
EBITA, 1 Yr. Growth %	-426.38	133.17	-10.03	44.66	111.72
EBIT, 1 Yr. Growth %	-210.92	398.96	-10.59	70.65	118.97
Earnings From Cont. Operations, 1 Yr. Growth %	-0.45	-113.56	-396.7	-261.11	209.2
Net Income, 1 Yr. Growth %	-90.02	-117.57	-396.7	-260.74	208.29
Normalized Net Income, 1 Yr. Growth %	188.39	-116	-333.57	-265.69	204.88
Diluted EPS Before Extra, 1 Yr. Growth %	-71.79	-110.7	-354.55	-238.1	137.07
Accounts Receivable, 1 Yr. Growth %	217.03	23.82	-0.16	-7.34	89.02
Inventory, 1 Yr. Growth %	150.48	-3.04	64.31	32.46	43.78
Net Property, Plant and Equip., 1 Yr. Growth %	163.77	-7.42	49.56	5.69	19.74
Total Assets, 1 Yr. Growth %	153.44	3.26	13.47	3.99	106.57
Tangible Book Value, 1 Yr. Growth %	144.44	-21.14	3.42	-33.3	241.96
Common Equity, 1 Yr. Growth %	181.13	-0.29	33.03	3.4	90.25
Cash From Operations, 1 Yr. Growth %	-93.93	-1.02K	-50.13	271.13	110.45
Capital Expenditures, 1 Yr. Growth %	2.77K	-61.24	-12.21	42.2	14.24
Levered Free Cash Flow, 1 Yr. Growth %	-336.43	-198.78	-112.91	-2.02K	316.7
Unlevered Free Cash Flow, 1 Yr. Growth %	-236.36	-300.45	-84.91	1.25K	275.38
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	145.08	199.33	-0.77	5.37	80.1
Gross Profit, 2 Yr. CAGR %	125.87	189.9	14.84	26.47	56.58
EBITDA, 2 Yr. CAGR %	181.98	309.17	32.4	14.72	57.02
EBITA, 2 Yr. CAGR %	119.83	198.77	44.84	14.12	75
EBIT, 2 Yr. CAGR %	38.24	135.25	111.21	23.59	93.3
Earnings From Cont. Operations, 2 Yr. CAGR %	314.79	-63.26	-36.57	118.64	123.19
Net Income, 2 Yr. CAGR %	132.29	-86.76	-27.8	118.39	122.61
Normalized Net Income, 2 Yr. CAGR %	310.71	-32.08	-38.88	96.72	123.12
Diluted EPS Before Extra, 2 Yr. CAGR %	75.65	-82.63	-47.82	87.49	80.94
Accounts Receivable, 2 Yr. CAGR %	125.52	98.13	11.19	-3.82	32.34
Inventory, 2 Yr. CAGR %	111.13	55.84	26.22	47.53	38
Net Property, Plant and Equip., 2 Yr. CAGR %	220.3	56.27	17.67	25.73	12.5
Total Assets, 2 Yr. CAGR %	174.3	61.77	8.24	8.62	46.57
Tangible Book Value, 2 Yr. CAGR %	708.41	38.87	-9.69	-17.06	51.03
Common Equity, 2 Yr. CAGR %	183.87	67.42	15.17	17.29	40.25
Cash From Operations, 2 Yr. CAGR %	-6.13	-25.15	114.52	36.04	179.47
Capital Expenditures, 2 Yr. CAGR %	621.16	233.45	-41.67	11.73	27.45
Levered Free Cash Flow, 2 Yr. CAGR %	728.2	43.16	-64.29	57.11	794.3
Unlevered Free Cash Flow, 2 Yr. CAGR %	355.02	65.32	-45	42.88	611.8
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	124.94	95.79	91.83	11.53	36.72
Gross Profit, 3 Yr. CAGR %	81.4	85.93	106.43	26.31	36.92
EBITDA, 3 Yr. CAGR %	192.22	145.09	151.19	34.57	33.83
EBITA, 3 Yr. CAGR %	71.72	136.43	100.26	44.81	40.23
EBIT, 3 Yr. CAGR %	22.47	112.05	70.41	96.8	49.55
Earnings From Cont. Operations, 3 Yr. CAGR %	89.85	32.64	-26.28	-13.45	145.41
Net Income, 3 Yr. CAGR %	74.16	-1.77	-62.67	-5.73	144.98
Normalized Net Income, 3 Yr. CAGR %	97.65	39.22	2.52	-14.78	126.55
Diluted EPS Before Extra, 3 Yr. CAGR %	-8.29	-30.9	-57.49	-27.82	102.74
Accounts Receivable, 3 Yr. CAGR %	116.16	84.67	57.66	4.63	20.48
Inventory, 3 Yr. CAGR %	-	62.89	58.61	28.27	46.27
Net Property, Plant and Equip., 3 Yr. CAGR %	209.39	111.78	54	13.54	23.7
Total Assets, 3 Yr. CAGR %	200.26	98.06	43.73	6.8	34.58
Tangible Book Value, 3 Yr. CAGR %	291.36	272.19	25.88	-18.44	33
Common Equity, 3 Yr. CAGR %	523.49	100.28	55.07	11.11	37.81
Cash From Operations, 3 Yr. CAGR %	33.34	101.09	-34.62	157.53	57.34
Capital Expenditures, 3 Yr. CAGR %	451.08	172.14	113.72	-21.5	12.56
Levered Free Cash Flow, 3 Yr. CAGR %	207.98	290.3	-35.8	34.59	117.48
Unlevered Free Cash Flow, 3 Yr. CAGR %	175	246.22	-25.56	59.95	97.16
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	45.72	79.97	62.14	52.81	87.05
Gross Profit, 5 Yr. CAGR %	23.7	55.13	51.09	59.37	84.83
EBITDA, 5 Yr. CAGR %	2.95	46.81	112.9	80.91	109.26
EBITA, 5 Yr. CAGR %	-11.5	35.92	65.61	76.67	89.77
EBIT, 5 Yr. CAGR %	-27.75	25.15	52.3	70.87	79.26
Earnings From Cont. Operations, 5 Yr. CAGR %	-11.49	-21.63	22.45	61.99	14.82
Net Income, 5 Yr. CAGR %	-15.96	-21.63	22.45	35.22	-23.75
Normalized Net Income, 5 Yr. CAGR %	-2.48	-14.22	23.6	59.86	39.93
Diluted EPS Before Extra, 5 Yr. CAGR %	-47.61	-54.21	-26.81	3.01	-24.13
Accounts Receivable, 5 Yr. CAGR %	89.41	93.15	65.69	42.26	47
Inventory, 5 Yr. CAGR %	-	-	-	56.56	50.02
Net Property, Plant and Equip., 5 Yr. CAGR %	162.57	212.76	110.17	71.91	35.82
Total Assets, 5 Yr. CAGR %	93.9	98.7	99.64	55.75	44.86
Tangible Book Value, 5 Yr. CAGR %	73.08	66.96	117.71	104.16	35.32
Common Equity, 5 Yr. CAGR %	128.88	131.36	217.27	61.69	48.97
Cash From Operations, 5 Yr. CAGR %	-18.55	38.92	61.28	71.99	16.89
Capital Expenditures, 5 Yr. CAGR %	203.75	-	124.43	90.61	73.8
Levered Free Cash Flow, 5 Yr. CAGR %	29.09	37.9	26.73	171.22	83.98
Unlevered Free Cash Flow, 5 Yr. CAGR %	17.07	47.94	44.46	143	83.75