Investor

Ratios

 

USD

2016

2015

2014

2013

2012

Share-related key figures and financial ratios:

         

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

40,467,615 

40,467,615

40,460,055

40,770,988

41,277,839

Earnings per share (EPS) (DKK)

-1.1 (-8)

-7.0 (-47)

-10.3 (-58)

-1.2 (-7)

 -6.8 (-39)

Diluted earnings per share (diluted EPS) (DKK)

 -1.1 (-8)

 -7.0 (-47)

-10.3 (-58)

-1.2 (-7)

-6.8 (-39)

Dividend per share, DKK

 0

0

5

3

Book value per share (DKK)

19.0 (134)

 21.2 (144)

28.2 (172)

39.4 (213)

 40.9 (231)

Share price at year-end (DKK)

 110.5

 122.1

131.4

285.0

163.1

Price/book value

0.8

 0.8

0.8

1.3

0.7

Other key figures and financial ratios:

         

EBITDA ratio

2.4%

1.2%

-12.8%

1.1%

 6.9%

ROE

-5.5%

 -28.6%

-30.3%

 -2.9%

 -15.1%

ROIC

-8.4%

 -10.6%

-26.7%

 -3.8%

 2.3%

Payout ratio (excluding treasury shares) 2)

 neg.

 neg.

neg.

neg.

neg.

Equity ratio

 61.6%

 53.3%

64.1%

 77.9%

 83.0%

Total no. of ship days for the Group

 78,765

 75,763

83,866

90,069

84,028

USD rate at year-end

705.28

 

 683.00

612.14

 541.27

 565.91

Average USD rate

 673.27

 672.69

561.90

 561.60

 579.72

The ratios were computed in accordance with "Recommendations and Financial Ratios 2015" issued by the Danish Association of Financial Analysts. However, "Profits 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 90) in the Consolidated Annual Report for 2016. 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.