Hexagon Annual Report 2019

5 2019 AT A GLANCE FROM THE BOARD ROOM FINANCIAL STATEMENTS DEFINITION OF KEY FIGURES 1) Shareholders’ equity as a percentage of total assets. 2) Operating profit as a percentage of operating income. 3) Profit after tax divided by average shareholders’ equity. 4) Profit before tax + interest expense divided by average total assets. 5) Net interest-bearing debt divided by EBITDA. 6) Net profit for the year divided by average number of shares outstanding. 7) Net cash flow from operations divided by average number of shares outstanding. 8) Shareholders’ equity divided by average number of shares outstanding. (NOK 1 000) REVENUES AND PROFIT 2019 2018 2017 2016 2015 Revenue 3 416 124 1 486 521 1 429 397 1 220 511 1 443 873 Operating profit before depreciation (EBITDA) 359 715 234 520 174 022 374 877 100 119 Operating profit (EBIT) 120 109 140 202 99 291 299 266 37 513 Profit before tax 111 246 168 727 48 227 311 886 291 Profit after tax 107 491 141 462 69 472 208 303 4 563 CAPITAL 31.12 Total assets 4 827 519 2 616 343 2 391 298 2 424 847 1 180 789 Equity 2 152 993 1 540 063 1 412 441 1 333 170 470 138 Equity ratio 1) 44.6 % 58.9 % 59.1 % 55.0 % 39.8 % PROFITABILITY AND RATE OF RETURN Cash flow from operations 147 929 154 601 90 434 -4 034 41 276 Operating margin 2) 3.5 % 9.4 % 6.9 % 24.5 % 2.6 % Return on equity 3) 5.8 % 9.6 % 5.1 % 23.1 % 1.0 % Return on assets 4) 4.8 % 7.1 % 2.4 % 17.9 % 1.8 % NIBD/EBITDA 5) 3.1 1.6 1.2 0.6 3.0 SHARES Share capital 18 329 16 663 16 663 16 663 13 329 Total number of shares per 31.12 183 290 648 166 627 868 166 627 868 166 627 868 133 294 868 Earnings per share 6) (NOK) 0.62 0.86 0.42 1.40 0.03 Cash flow per share 7) (NOK) 0.86 0.92 0.55 -0.03 0.31 Equity per share 8) (NOK) 11.74 9.24 8.48 8.00 3.56