Norske Skogindustrier ASA
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Norske Skogindustrier ASA Financial Snapshot
Operating Performance
Fast Facts
The company reported revenue of US$3,138.18
Headquarters Address Oksenoyvn 80, Lysaker, 1366,Norway
million during the fiscal year 2010 (2010). The
company's revenue declined at a compounded rate of
Telephone + 47 67 599000
-8.59% during 2006–2010, with an annual decline of -
2.90% over 2009. In 2010, the company recorded an
Fax + 47 67 599181 operating margin of -12.53%, as against -6.51% in
2009.
Website www.norskeskog.com
Ticker Symbol, Stock Exchange NSG, Oslo Stock Exchange Revenue and Margins
Number of Employees 5,257
Fiscal Year End December
Revenue (in US$ million) 3,138.18
Revenue (in NOK million) 18,986.00
SWOT Analysis
Return on Equity
Strengths Weaknesses
The company recorded a return on equity (ROE) of -
Strong liquidity position Weak financial performance 24.24% for 2010, as compared to its peers, A.S.
Creation Tapeten AG (Ticker: ACW), Arctic Paper
(Ticker: ATC) and BARLINEK S.A. (Ticker: BRK),
Broad product offerings and brands which recorded ROEs of 9.45%, 4.32% and 0.68%
respectively. The company reported an operating
Diversified geographical presence margin of -12.53% in 2010.
Dominant market position Return on Equity
Opportunities Threats
Development of related activities Foreign exchange risk
Liquidity Position
The company reported a current ratio of 1.91 in 2010,
as compared to its peers, A.S. Creation Tapeten AG,
Arctic Paper and BARLINEK S.A., which recorded
current ratios of 2.93, 1.03 and 0.93 respectively. As
of December 2010, the company recorded cash and
short-term investments of worth US$733.88 million,
against zero current debt. The company reported a
debt to equity ratio of 1.35 in 2010 as compared to its
peers, A.S. Creation Tapeten AG, Arctic Paper and
BARLINEK S.A., which recorded debt to equity ratios
of 0.33, 0.81 and 1.63 respectively.
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Norske Skogindustrier ASA - SWOT Profile Page 1
Norske Skogindustrier ASA
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TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Business Description ..............................................................................................................................................5
1.3 Major Products and Services .................................................................................................................................7
2 Analysis of Key Performance Indicators ............................................................................................... 8
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................8
2.2 Key Financial Performance Indicators .................................................................................................................11
2.2.1 Revenue and Operating Profit .........................................................................................................................11
2.2.2 Asset, Liabilities and Capex .............................................................................................................................12
2.2.3 Net Debt vs. Gearing Ratio ..............................................................................................................................13
2.2.4 Operational Efficiency ......................................................................................................................................14
2.2.5 Solvency ..........................................................................................................................................................15
2.3 Competitive Benchmarking ..................................................................................................................................16
2.3.1 Efficiency ..........................................................................................................................................................16
2.3.2 Capital Expenditure ..........................................................................................................................................17
2.3.3 Turnover – Inventory and Asset .......................................................................................................................18
2.3.4 Liquidity ............................................................................................................................................................19
3 Mergers & Acquisitions and Partnerships ........................................................................................... 20
3.1 M&A and Partnerships Strategy ...........................................................................................................................20
4 SWOT Analysis ...................................................................................................................................... 21
4.1 SWOT Analysis - Overview ..................................................................................................................................21
4.2 Strengths ......................................................................................................