Financials

Operating revenues
MNOK

Operating revenues

MNOK
8 834

EBITDA

MNOK
1 195

Total assets

MNOK
13 209

Employees

Inc. part time
4 500

O N Sunde was established in 1988. Since inception, the group has experienced strong growth and overall delivered good results.

The Group has grown from 28 employees and revenues of NOK 70 million in 1988, to 4500 full and part time employees and revenues of NOK 8,5 billion in 2021.

Today, the company’s investment portfolio includes cruise and ferry operations, retail sales of sporting and fashion goods, the production of plastic raw materials, in addition to a small portfolio of real estate and financial investments.

Financial result and outlook

2021 represented a mixed year for the group. Many of our business areas performed at or above expectations. However our investments in Color Group underperformed due to the COVID-19 outbreak. We expect 2022 group earnings to be substantially higher than in 2021.

Figures in MNOK Operating revenues EBITDA EBIT Profit/loss Profit/loss for the year Total assets Total number of man-years worked
2021 8 834 1 195 290 62 -4 13 209 2 243
2020 6 627 435 -440 -1 114 -863 12 941 2 450
2019 10 062 1 595 700 263 -809 14 917 3 400
2018 10 654 1 627 1 016 726 83 13 245 4 567
2017 13 472 1 617 970 545 445 12 926 4 342

1. Subsidiary company Gresvig Retail Group AS has been restructured. Parts of the business was bought by Sport Holding AS, a company whom O.N.Sunde AS is part-owner (47%). Sport Holding AS is not consolidated in the group-accounts.

Figures in MNOK Operating revenues EBITDA Operating profit (EBIT) Total assets Equity Net interest bearing debt Man years
Color Group 2 614 211 -385 9 513 1 373 5 371 1 425
ONS Ship Finance 104 103 56 1 054 283 422
Sunpor Kunststoff1 4 336 550 456 1 608 432 153 191
Voice 1 824 493 257 1 771 529 -87 618

Unaudited figures, 2021. IFRS16 implemented from 2019.
1. The figures are shown as the company's contribution to group profit.