Investor

Ratios

 

USD

2018

2017

2016

2015

2014

Share-related key figures and financial ratios:

         

No. of shares of DKK 1 each (excl. own shares)

39,923,933

40,467,615

40,467,615

40,467,615

40,460,055

Earnings per share (EPS) (DKK)

0.7 (4)

0.6 (4)

-1.1 (-8)

-7.0 (-47)

-10.3 (-58)

Diluted earnings per share (diluted EPS) (DKK)

0.7 (4)

0.6 (4)

 -1.1 (-8)

 -7.0 (-47)

-10.3 (-58)

Dividend per share, DKK

2

0

 0

0

Book value per share (DKK)

20.7 (135)

19.8 (123)

19.0 (134)

 21.2 (144)

28.2 (172)

Share price at year-end (DKK)

92.4

116.5

 110.5

 122.1

131.4

Price/book value

0.7

0.9

0.8

 0.8

0.8

Other key figures and financial ratios:

         

EBITDA ratio

3.0%

3.8%

2.4%

1.2%

-12.8%

ROE

3.5%

3.0%

-5.5%

 -28.6%

-30.3%

ROIC

4.4%

2.9%

-8.4%

 -10.6%

-26.7%

Payout ratio (excluding treasury shares) 2)

 34.8%

0.0%

 0,0%

0.0%.

0.0%

Equity ratio

56.5%

62.9%

 61.6%

 53.3%

64.1%

Total no. of ship days for the Group

122,852

93,738

 78,765

 75,763

83,866

USD rate at year-end

651.94

620.77

 

705.28

 

 683.00

612.14

Average USD rate

631.74

659.53

 673.27

 672.69

561.90

The ratios were computed in accordance with "Recommendations and Financial Ratios 2018" issued by the Danish Association of Financial Analysts. However, "Profit and loss from the sale of vessels, etc." is not included in EBITDA. Please see definitions in the section “Definitions of key figures and financial ratios” (page 101) in the Annual Report for 2018. The figures are adjusted for the Company’s holding of treasury shares

2) The payout ratio was computed based on proposed dividends for the year, including extraordinary dividends paid during the year.