Key Figures

		Note	2022	2021	2020	2019	2018

Profit
Operating revenues	USD million		198.9	141.1	56.7	225.4	330.8
EBITDA	USD million	1	61.4	24.9	(9.5)	97.1	166.6
Operating profit	USD million		31.9	(49.8)	(864.3)	(342.6)	53.0
Net profit	USD million		1.5	927.9	(950.1)	(399.9)	(114.5)
Earnings per share (fully diluted)	USD	2	0.17	263.3	(10.798.2)	(4,540.0)	(1,300.0)

Balance sheet
Total assets	USD million		500.0	492.8	587.7	1 480.2	1 736.8
Interest-bearing debt	USD million		422.2	423.3	1 509.4	1 397.9	1 243.0
Net interest-bearing debt	USD million	3	330.6	349.4	1 349.1	1 199.8	1 102.7
Book equity	USD million		37.3	36.3	(948.5)	2.4	400.2
Book equity ratio	%	4	7.5	7.4	(161.4)	0.2	23.0
Liquidity reserve	USD million	5	91.6	73.9	160.3	198.1	277.3
Net cash flow	USD million		17.7	(86.4)	(37.8)	57.8	91.6)
Net working capital	USD million	6	79.7	61.7	(1 279.3)	(1 158.2)	58.7

Valuation
Market Capitalisation at year-end	USD million		1,128.0	158.0	10.4	19.7	126.7
Share Price	NOK	7	128.2	158.4	1,080.0	2,110.0	13,400.0

Operations
Fleet utilisation rate	%		70.6	54.5	20.4	50.9	37.3

Operating profit before depreciation and impairment
Net profit / Average number of outstanding and potential shares
Interest-bearing debt – Cash and deposits
(Book equity / Total assets) * 100
Cash and deposits
Current Assets – Current Liabilities
On 27 January 2022, Prosafe completed a 1,000:1 reverse split of the Company’s shares. As a result, the calculation of the earnings per share price for current and prior year presented/restated was based on the new number of shares

Shareholder Information