Annual Accounts and Notes

Key figures by segments

2012 - 2015

NOK million  2015  2014  2013  2012 
EVRY Financial Services           
Operating revenue  3 576  3 682  3 554  3 339   
EBITA  335  371  326  314   
EBITA-margin  9.4%  10.1%  9.2%  9.4%   
Operational investments incl in-house developed software (CAPEX)  205  115  188  199   
Number of employees  1 299  1 457  1 490  1 490   
EVRY Norway           
Operating revenue  6 085  6 093  6 180  6 607   
EBITA  326  322  359  356   
EBITA-margin  5.4%  5.3%  5.8%  5.4%   
Operational investments incl in-house developed software (CAPEX)  145  255  334  209   
Number of employees Norway  2 660  3 344  3 378  3 457   
Number of employees Global Delivery  3 341  3 103  2 861  2 440   
EVRY Sweden           
Operating revenue  3 489  3 472  3 293  3 307   
EBITA  241  255  213  234   
EBITA-margin  6.9%  7.3%  6.5%  7.1%   
Operational investments incl in-house developed software (CAPEX)  65  80  66  61   
Number of employees  1 939  2 218  2 308  2 305   

Key figures for the Group

2011 - 2015

  2015  2014  2013  2012  2011 
Key figures (NOK million)           
Operating revenue  12 860  12 773  12 600  12 731  12 841 
Profit before depreciation and write downs (EBITDA)  -938  1 020  1 128  1 010  1 084 
Profit before amortisation of intangible assets (EBIT)  -1 406  543  673  484  612 
EBITA before non-recurring items  811  813  764  691  671 
EBITA-margin  -10.9%  4.2%  5.3%  3.8%  4.8% 
EBITA-margin before non-recurring items  6.3%  6.4%  6.1%  5.4%  5.2% 
Number of employees  9 422  10 350  10 323  9 873  9 518 
Key figures per share (NOK)           
Earnings per share  1.10  1.10  -0.29  0.60  0.61 
EBITDA per share  -3.51  3.82  4.23  3.79  4.08 
Cash flow from operations per share  0.96  3.64  3.83  2.71  2.00 
Cash flow from operations before non-recurring items per share  3.75  3.93  4.12  3.03  2.54 
Book equity per share  8.03  16.02  20.04  20.46  19.89 
Average number of shares  267 187 441  266 994 898  266 798 981  266 421 202  265 912 188 
Solidity           
Equity ratio  19%  40%  45%  45%  42% 
Gearing  1.87  0.60  0.55  0.55  0.57 
Net interest-bearing liabilities  4 008  2 568  2 966  3 007  3 024 
Liquidity (NOK million)           
Cash and bank deposits  900  616  683  561  694 
Liquidity reserve  2 209  2 414  2 145  2 013  1 931 
Cash flow from operations  256  973  1 026  723  531 
Cash flow from operations before non-recurring items  1 002  1 048  1 099  807  676 
Investments in fixed assets  297  398  484  425  378 
Investments in in-house developed software  147  93  143  56  61 
Free cash flow  -187  482  396  211  92 
Net working capital  -789  94  269  463  621 
Working capital as percent of revenues  -6.1%  0.7%  2.1%  3.6%  4.8% 

1) The financial figures for 2013 are restated due to implementation of IFRS 11 Joint Arrangements with effect from 1 January 2014 and the classification of EVRY Danmark A/S as discontinued operations.

2) The financial figures for 2012 are restated due to implementation of changes in IAS 19 Employee Benefits.

3) Excluding pension effect of NOK 112 million in 2011 (IAS 19).

Evry Annual Accounts 2015 pdf0.8MB