Klaveness Combination Carriers ASA

KCC · OL · Industrials / Marine Shipping

107.80NOK-0.20 (-0.19%)

Price History

Full chart

Market Stats

Previous Close108.00

Open109.40

Day Range107.40 – 109.40

52-Week Range65.06 – 107.00

Volume64.18K

Market Cap6.26B

P/E (TTM)11.19

Forward P/E8.54

EPS9.44

Dividend Yield10.58%

Beta0.17

50-Day Avg101.26

200-Day Avg93.56

About

Klaveness Combination Carriers ASA owns and operates combination carriers for the dry bulk shipping and product tanker industries in the Middle East, Australia, Oceania, North East Asia, South America, North America, Europe, Africa, Southeast Asia, and South Asia. The company's vessels transport caustic coda solution, floating fertilizer, molasses, clean petroleum products, heavy liquid cargoes, and various types of dry bulk commodities. It owns and operates eight CABU vessels, three CABU newbuild contracts and eight CLEANBU vessels. The company was formerly known as Klaveness Combination Carriers AS and changed its name to Klaveness Combination Carriers ASA in February 2019. The company was incorporated in 2018 and is headquartered in Oslo, Norway. Klaveness Combination Carriers ASA is a subsidiary of Rederiaksjeselskapet Torvald Klaveness.

Company Details

SectorIndustrials
IndustryMarine Shipping
CEOMr. Engebret Dahm
Employees19
HeadquartersDrammensveien 260, Oslo, Norway, 0283, Norway
Websitehttps://www.combinationcarriers.com

Leadership

Mr. Engebret DahmChief Executive Officer · b. 1965
Ms. Liv Hege DyrnesCFO & Deputy CEO · b. 1980
Mr. Geir Frode AbelsenChief Operating Officer
Haley Zerwas KerekHead of Corporate Communications
Martin WattumHead of Energy Efficiency Projects
Mr. Hakon Arne MoltubakkVP & Head of Strategy and Business Development
Mr. Snorre BlixVP & Global Head of CLEANBU Chartering · b. 1973
Ms. Anne Mette HansenVP & Global Head of CABU Chartering · b. 1982

Financials

Income Statement

Currency: USD	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	50.99M	41.03M	46.23M	101.82M	136.52M	162.73M	197.96M	260.67M	287.17M	278.26M	238.46M
Growth (%)	-	-19.54%	+12.70%	+120.23%	+34.07%	+19.20%	+21.64%	+31.68%	+10.16%	-3.10%	-14.30%
Cost of Revenue	17.79M	20.64M	26.98M	73.01M	103.11M	110.59M	139.09M	153.99M	144.31M	120.95M	158.18M
Gross Profit	33.20M	20.39M	19.26M	28.81M	33.41M	52.14M	58.87M	106.68M	142.86M	157.31M	80.28M
Gross Margin	65.11%	49.69%	41.65%	28.30%	24.47%	32.04%	29.74%	40.93%	49.75%	56.53%	33.67%
Operating Expense	13.17M	10.24M	12.54M	14.90M	21.72M	24.37M	28.59M	31.07M	39.75M	61.23M	36.40M
Operating Income	20.02M	10.15M	6.72M	13.92M	11.69M	27.77M	30.28M	75.61M	103.11M	96.07M	43.88M
Operating Margin	39.27%	24.74%	14.53%	13.67%	8.56%	17.07%	15.30%	29.01%	35.90%	34.53%	18.40%
EBITDA	39.78M	22.68M	23.59M	30.76M	25.76M	46.22M	58.95M	107.41M	138.09M	129.11M	80.85M
EBITDA Margin	78.01%	55.27%	51.02%	30.21%	18.87%	28.40%	29.78%	41.20%	48.09%	46.40%	33.90%
Net Income	32.83M	33.98M	1.77M	7.98M	597.00K	15.18M	22.60M	60.87M	86.90M	81.41M	33.41M
Net Income Margin	64.39%	82.84%	3.82%	7.84%	0.44%	9.33%	11.42%	23.35%	30.26%	29.26%	14.01%
Interest Expense	1.51M	2.03M	4.89M	6.97M	9.98M	11.88M	13.95M	16.60M	19.35M	17.26M	12.69M
Interest Expense % of Total Revenue	2.96%	4.94%	10.57%	6.85%	7.31%	7.30%	7.05%	6.37%	6.74%	6.20%	5.32%

Balance Sheet

Currency: USD	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	388.54M	281.53M	294.03M	333.86M	459.26M	549.04M	629.93M	642.91M	628.04M	612.22M	665.34M
Total Liabilities	118.73M	106.06M	120.72M	155.77M	245.38M	332.51M	375.51M	345.36M	266.34M	252.35M	299.29M
Total Equity	258.91M	161.14M	152.87M	178.09M	213.88M	216.53M	254.42M	297.54M	361.70M	359.87M	366.05M
Cash	71.63M	64.91M	51.54M	88.26M	57.09M	65.61M	53.86M	64.92M	67.89M	56.04M	49.56M
Total Debt	63.01M	101.30M	116.08M	146.68M	224.76M	313.01M	357.06M	320.20M	248.11M	224.94M	-
Net Debt	-8.62M	36.39M	64.54M	58.42M	167.67M	247.39M	303.20M	255.36M	180.22M	168.80M	219.80M

Cash Flow

Currency: USD	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	67.94M	25.48M	24.51M	27.92M	31.87M	39.51M	45.85M	105.88M	148.99M	136.08M	83.13M
Investing Cash Flow	-28.89M	107.72M	-43.56M	-24.08M	-164.29M	-92.91M	-105.52M	-10.24M	-30.43M	-28.29M	-
Financing Cash Flow	-7.96M	-139.91M	3.32M	30.71M	101.59M	63.82M	46.25M	-82.49M	-115.17M	-119.72M	-
Capital Expenditure	28.89M	67.28M	43.56M	24.94M	164.29M	92.91M	119.11M	10.24M	12.84M	26.71M	28.15M
Free Cash Flow	39.05M	-41.81M	-19.04M	2.98M	-132.42M	-53.39M	-73.25M	95.64M	136.15M	109.37M	54.98M
Dividends Paid	-	41.59M	11.64M	9.96M	3.81M	4.80M	7.20M	42.42M	66.84M	78.58M	18.07M
FCF to OCF	57.47%	-164.08%	-77.69%	10.66%	-415.47%	-135.13%	-159.77%	90.33%	91.38%	80.37%	66.14%
Dividend Paid to FCF	-	-99.49%	-61.12%	334.50%	-2.88%	-8.99%	-9.83%	44.35%	49.09%	71.85%	32.88%

Earnings

Report Date	May 29, 2019	Aug 26, 2019	Nov 8, 2019	Feb 25, 2020	May 27, 2020	Aug 19, 2020	Nov 18, 2020	Feb 19, 2021	Apr 27, 2021	Aug 25, 2021	Oct 25, 2021	Feb 18, 2022	May 11, 2022	Aug 26, 2022	Nov 3, 2022	Feb 15, 2023	May 5, 2023	Aug 24, 2023	Oct 31, 2023	Feb 16, 2024	May 7, 2024	Aug 23, 2024	Oct 30, 2024	Feb 14, 2025	May 8, 2025	Aug 21, 2025	Oct 30, 2025	Feb 13, 2026	Apr 28, 2026	Aug 25, 2026	Oct 27, 2026
EPS Estimate	-	-	-	-	-	-	-	-	0.00	-	0.18	0.32	0.09	0.29	0.47	0.33	0.43	0.37	0.27	0.41	0.48	0.41	0.32	0.17	0.05	0.08	0.19	0.17	0.25	0.43	0.39
EPS Actual	-0.17	-0.35	0.28	0.33	0.85	1.74	0.25	0.23	0.37	0.60	0.13	0.30	0.14	0.31	0.42	0.29	0.54	0.30	0.27	0.43	0.43	4.46	0.36	0.14	0.10	0.11	0.20	0.17	2.55	0.35	-
Surprise	-	-	-	-	-	-	-	-	-	-	-27.78%	-6.25%	55.56%	6.90%	-10.64%	-12.12%	25.58%	-18.92%	0.00%	4.88%	-10.42%	989.01%	12.50%	-17.65%	100.00%	37.50%	6.21%	0.00%	919.88%	-18.60%	-
Timing	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap6.26B

Enterprise Value8.46B

Trailing P/E11.19

Forward P/E8.54

Price / Sales22.47

Price / Book1.61

EPS9.44

Book Value61.95

Revenue (TTM)278.78M

Gross Profit (TTM)114.82M

EBITDA110.22M

Profit Margin21.06%

Operating Margin33.37%

Return on Equity15.95%

Return on Assets6.67%

Shares Outstanding59.32M

Shares Float28.19M

Beta0.17

Dividend Yield10.58%

Dividend Rate11.18

Payout Ratio2.17%

Dividends

20264×

3.31Nov 2, 20262.79Sep 1, 20262.33May 7, 20260.76Feb 18, 2026

20254×

1.20Oct 31, 20250.51Aug 26, 20250.36May 13, 20251.11Feb 19, 2025

20244×

3.29Nov 5, 20243.18Aug 28, 20243.79May 13, 20243.69Feb 21, 2024

20234×

2.79Nov 3, 20232.66Aug 29, 20234.25May 10, 20233.10Feb 21, 2023

20224×

3.18Nov 8, 20222.23Aug 31, 20221.74May 16, 20220.89Feb 23, 2022

20214×

0.38Oct 28, 20210.40Aug 30, 20210.25Apr 29, 20210.25Feb 23, 2021