Eidesvik Offshore Past Earnings Performance

Past criteria checks 4/6

Eidesvik Offshore has been growing earnings at an average annual rate of 67.1%, while the Energy Services industry saw earnings growing at 30.2% annually. Revenues have been growing at an average rate of 4.8% per year. Eidesvik Offshore's return on equity is 33.2%, and it has net margins of 67.1%.

Key information

67.1%

Earnings growth rate

66.2%

EPS growth rate

Energy Services Industry Growth25.6%
Revenue growth rate4.8%
Return on equity33.2%
Net Margin67.1%
Next Earnings Update21 May 2024

Recent past performance updates

Recent updates

These 4 Measures Indicate That Eidesvik Offshore (OB:EIOF) Is Using Debt Extensively

Aug 31
These 4 Measures Indicate That Eidesvik Offshore (OB:EIOF) Is Using Debt Extensively

Is Eidesvik Offshore (OB:EIOF) A Risky Investment?

May 12
Is Eidesvik Offshore (OB:EIOF) A Risky Investment?

These 4 Measures Indicate That Eidesvik Offshore (OB:EIOF) Is Using Debt Extensively

Jan 24
These 4 Measures Indicate That Eidesvik Offshore (OB:EIOF) Is Using Debt Extensively

We Think That There Are Issues Underlying Eidesvik Offshore's (OB:EIOF) Earnings

May 27
We Think That There Are Issues Underlying Eidesvik Offshore's (OB:EIOF) Earnings

Is Eidesvik Offshore (OB:EIOF) Using Too Much Debt?

May 12
Is Eidesvik Offshore (OB:EIOF) Using Too Much Debt?

Is Eidesvik Offshore (OB:EIOF) Using Too Much Debt?

Jan 15
Is Eidesvik Offshore (OB:EIOF) Using Too Much Debt?

Eidesvik Offshore (OB:EIOF) Has Debt But No Earnings; Should You Worry?

Oct 02
Eidesvik Offshore (OB:EIOF) Has Debt But No Earnings; Should You Worry?

Health Check: How Prudently Does Eidesvik Offshore (OB:EIOF) Use Debt?

Apr 20
Health Check: How Prudently Does Eidesvik Offshore (OB:EIOF) Use Debt?

Revenue & Expenses Breakdown
Beta

How Eidesvik Offshore makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OB:EIOF Revenue, expenses and earnings (NOK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2377251800
30 Sep 2366968700
30 Jun 2366081900
31 Mar 2365733500
31 Dec 2263534600
30 Sep 2261221200
30 Jun 22594400
31 Mar 225666100
31 Dec 21569-1600
30 Sep 21532-19000
30 Jun 21507-13700
31 Mar 21490-8700
31 Dec 20510-12400
30 Sep 20552-59000
30 Jun 20580-68400
31 Mar 20614-67900
31 Dec 19633-59900
30 Sep 19625-13500
30 Jun 19573-15100
31 Mar 19527-27500
31 Dec 18479-28300
30 Sep 18477-44400
30 Jun 18516-32400
31 Mar 18535-3500
31 Dec 1759915500
30 Sep 17640-12600
30 Jun 17685-30300
31 Mar 17721-52200
31 Dec 16749-55300
30 Sep 16825-24900
30 Jun 16932-16800
31 Mar 161,061-2600
31 Dec 151,124-19700
30 Sep 151,133-21700
30 Jun 151,083-15300
31 Mar 151,019-26800
31 Dec 14985-17400
30 Sep 149636200
30 Jun 1495417800
31 Mar 1495520300
31 Dec 1394814200
30 Sep 1394014700
30 Jun 1391213300

Quality Earnings: EIOF has a high level of non-cash earnings.

Growing Profit Margin: EIOF's current net profit margins (67.1%) are higher than last year (54.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: EIOF has become profitable over the past 5 years, growing earnings by 67.1% per year.

Accelerating Growth: EIOF's earnings growth over the past year (49.8%) is below its 5-year average (67.1% per year).

Earnings vs Industry: EIOF earnings growth over the past year (49.8%) exceeded the Energy Services industry 36%.


Return on Equity

High ROE: EIOF's Return on Equity (33.2%) is considered high.


Return on Assets


Return on Capital Employed


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