Key Figures

		Note	2023	2022	2021	2020	2019
Profit
Operating revenues	USD million		97.7	198.9	141.1	56.7	225.4
EBITDA	USD million	1	(10.5)	61.4	24.9	(9.5)	97.1
Operating profit	USD million		(41.6)	31.9	(49.8)	(864.3)	(342.6)
Net profit	USD million		(67.8)	1.5	927.9	(950.1)	(399.9)
Earnings per share (fully diluted)	USD	2	(6.00)	0.17	263.3	(10.798.2)	(4,540.0)
Balance sheet
Total assets	USD million		492.7	500.0	492.8	587.7	1 480.2
Interest-bearing debt	USD million		419.5	422.2	423.3	1 509.4	1 397.9
Net interest-bearing debt	USD million	3	344.9	330.6	349.4	1 349.1	1 199.8
Book equity	USD million		33.8	37.3	36.3	(948.5)	2.4
Book equity ratio	%	4	6.9	7.5	7.4	(161.4)	0.2
Liquidity reserve	USD million	5	74.6	91.6	73.9	160.3	198.1
Net cash flow	USD million		17.0	17.7	(86.4)	(37.8)	57.8
Net working capital	USD million	6	5.1	9.8	(11.3)	(8.9)	(35.1)
Valuation
Market Capitalisation at year-end	USD million		120.8	115.1	158.0	10.4	19.7
Share Price	NOK	7	68.8	128.2	158.4	1,080.0	2,110.0
Operations
Fleet utilisation rate	%		41.0	70.6	54.5	20.4	50.9

1. Operating profit before depreciation and impairment
2. Net profit / Average number of outstanding and potential shares
3. Interest-bearing debt – Cash and deposits
4. (Book equity / Total assets) * 100
5. Cash and deposits
6. Current Assets – Current Liabilities      
7. 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