1 January–30 September 2021

  • Total income
    Q3: SEK 165.5 (210.7) million
    9 months: SEK 553.6 (860.1) million

  • EBITDA
    Q3: SEK –56.8 (45.1) million
    9 months: SEK –119.1 (282.4) million

  • Result before tax
    Q3: SEK –141.4 (–35.9) million
    9 months: SEK –350.0 (21.4) million

  • Result per share after tax
    Q3: SEK –2.96 (–0.75)
    9 months: SEK –7.39 (–0.45)

Events in the third quarter

  • Activities aimed at strengthening Concordia Maritime’s financial position and liquidity, including time charters for the P-MAX vessels and divestment of the IMOIIMAX vessels
  • Agreement with lending banks on new terms and conditions for eight of the Company’s ten P-MAX vessels

Events after the end of the quarter

  • Agreement with lending banks on new terms and conditions for two of the Company’s ten P-MAX vessels

Key figures

 

  Quarter 3
(Jul–Sep)
9 months
(Jan–Sep)
Full year
  2021 2020 2021 2020  2020
Total income, SEK million 165.6  210.7  553.6  860.1  1 025.8 
EBITDA, SEK million –56.8  45.1  –119.1  282.4  277.8 
EBITDA, USD million –6.6  5.5  –14.0  30.1  30.2 
Operating result, SEK million –117.5  –14.0  –293.5  92.5  32.6 
Result before tax, SEK million –141.4  –35.9  –350.0  21.4  –65.1 
Result after tax, SEK million –141.4  –35.9  –352.6  21.4  –66.0 
Equity ratio, % 25  31  25  31  28 
Return on equity, % neg  neg  neg 
Available liquid funds, including
unutilised credit facilities, SEK million
70.0  438.5  70.0  438.5  378.0 
Result per share after tax, SEK –2.96  –0.75  –7.39  0.45  –1.38 
Equity per share, SEK 12.49  21.18  12.49  21.18  16.66 
Lost-time injuries