Belships AS Stock

Belships AS EBIT

Delisted·Mar 31, 2025

The EBIT of Belships AS (BELCO.OL) as of Aug 16, 2026 is 67.04 M USD. In the previous year, EBIT was 105.82 M USD — a change of -36.64% (lower).

EBIT

67.04 MUSD

YoY

-36.64%

Last updated:

In 2026, Belships AS's EBIT was 67.04 M USD, a -36.64% increase from the 105.82 M USD EBIT recorded in the previous year.

The Belships AS EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EBIT (M USD)
Date
EBIT (M USD)
Jan 1, 2020
-5.19 base
Jan 1, 2021
131.17 base
Jan 1, 2022
152.93 base
Jan 1, 2023
105.82 base
Jan 1, 2024
67.04 base
Jan 1, 2025 (e)
40.69 base
Jan 1, 2026 (e)
42.25 base
Jan 1, 2027 (e)
4.54 base
YEAREBIT (M USD)
2027 est 4.54
2026 est 42.25
2025 est 40.69
2024 67.04
2023 105.82
2022 152.93
2021 131.17
2020 -5.19
2019 11.04
2018 22.57
2017 7.10
2016 6.38
2015 5.19
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Belships AS Revenue

Belships AS Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2020
226.43 M USD
-5.19 M USD
-19.90 M USD
Jan 1, 2021
815.60 M USD
131.17 M USD
103.98 M USD
Jan 1, 2022
930.72 M USD
152.93 M USD
146.89 M USD
Jan 1, 2023
566.85 M USD
105.82 M USD
75.90 M USD
Jan 1, 2024
415.02 M USD
67.04 M USD
58.17 M USD
Jan 1, 2025 (e)
279.71 M USD
40.69 M USD
4.98 M USD
Jan 1, 2026 (e)
290.48 M USD
42.25 M USD
32.34 M USD
Jan 1, 2027 (e)
31.23 M USD
4.54 M USD
0.00 USD

Belships AS Margins

Belships AS stock margins

The Belships AS margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Belships AS. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Belships AS.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
73.03 %
-2.29 %
-8.79 %
Jan 1, 2021
79.78 %
16.08 %
12.75 %
Jan 1, 2022
78.00 %
16.43 %
15.78 %
Jan 1, 2023
75.46 %
18.67 %
13.39 %
Jan 1, 2024
76.45 %
16.15 %
14.01 %
Jan 1, 2025 (e)
76.45 %
14.55 %
1.78 %
Jan 1, 2026 (e)
76.45 %
14.55 %
11.13 %
Jan 1, 2027 (e)
76.45 %
14.55 %
0.00 %

Belships AS Stock analysis

What does Belships AS do? Belships ASA is a reputable company specializing in the transport of goods on the high seas. The company is based in Oslo, Norway and was founded in 1918. Belships originally focused on the transport of timber and agricultural products between Norway and Great Britain. Over the years, it has evolved into a leading company in the field of bulk commodity transport. Today, Belships is an international shipping company that owns and operates a fleet of modern ships. Its primary activity is the transport of bulk goods such as ore, coal, steel, cement, and fertilizers. Belships' customers are mainly mining companies, energy providers, and construction firms. The company is divided into three different business areas: shipping, ship chartering, and technical consulting. The shipping area involves the operation of Belships' ships, while ship chartering is an important part of the company's business as it also rents out its vessels to other shipping companies. The technical consulting area provides consulting and repair services to the shipping industry. Belships has invested in new ships in recent years to modernize and expand its fleet. Its ships are known for their efficiency, reliability, and environmental friendliness. The company relies on modern technology and is committed to sustainable shipping operations. Belships is an innovative company constantly striving to find new ways to offer the best possible services to its customers. Considering the growing competition in the market, Belships sees a successful future in further developing its services and products. In summary, Belships is a robust and well-established company specializing in bulk cargo transport. With its modern fleet, commitment to technology and sustainability, and wide range of services, the company is able to meet the needs of its customers. Belships AS is one of the most popular companies on Eulerpool.

EBIT Details

Analyzing Belships AS's EBIT

Belships AS's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of Belships AS's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

Belships AS's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in Belships AS’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about Belships AS stock

EBIT of Belships AS is 67.04 M USD in 2026.

EBIT of Belships AS changed from 105.82 M USD to 67.04 M USD, representing a -36.64% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EBIT Belships AS since 2006 – with annual values, charts, and detailed analysis.

"Earnings before interest and taxes", abbreviated as EBIT, is also referred to as the operating result of a company. It is a key figure that allows the profit to be assessed over a specific period of time, usually a fiscal year. Taxes and interest are not deducted from EBIT, making it suitable for international comparisons of different companies.

Net income
+ Tax expense
+ Interest expense and other financial expenses
- Interest income and other financial income
= EBIT (operating profit)

EBIT's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track EBIT's Belships AS historically and in real time.

The sales revenue is important for evaluating a stock.

EBIT is an acronym for "Earnings Before Interest and Tax" and represents a company's gross profit before taxes and interest are deducted. The EBIT amount is often used as a metric to evaluate a company.

History

The EBIT was originally introduced in the 1940s when the US Internal Revenue Service (IRS) passed a new tax law. This law required companies to calculate their profit before deducting taxes and interest on loans (or "interest and taxes"). Since then, the EBIT has been used as one of the key financial indicators in evaluating a company.

Usage

The EBIT can be used to assess a company by comparing its financial results to a benchmark or a comparative value. The EBIT is also used to determine how much the company's shareholders will receive from its operating income.

Calculation

EBIT is calculated by deducting taxes and interest on loans from the company's net profit. This amount can be calculated in various ways, but the most common method is as follows:

EBIT = Net profit + interest and taxes

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Net profit of XYZ Co. = $1,000,000
Interest and taxes = $ 500,000
EBIT of XYZ Co. = $1,500,000

Application

The EBIT value is often used to determine and evaluate the financial stability of a company. The EBIT value can also be used to determine how much money a company can spend on investments or dividends.

Use of EBIT in stock investment

Investors use EBIT to determine if a stock is over- or undervalued. If a company has a high EBIT value, it may indicate that its stock is overvalued, as the profit it generates could be lower than what it would generate with a different stock.

Advantages of EBIT

EBIT is a helpful measure for determining the financial stability of a company. There are several advantages associated with using EBIT, such as:
- EBIT eliminates the impact of financing on the company's earnings.
- It is a useful measure for determining the profits that a company can distribute to its shareholders.
- It can be used to determine whether a stock is overvalued or undervalued.

Disadvantages of EBIT

There are also some disadvantages to using EBIT, such as:
- EBIT cannot be used as the sole measure to evaluate a company as it does not reflect the overall profit of the company.
- EBIT can be influenced by unforeseen events such as a tax increase.
- EBIT is not always a reliable indicator of a company's future profit development.

Conclusion

The EBIT is an important measure used to evaluate a company. It can be used to determine how much money a company can generate from its operational results and whether a stock is overvalued or undervalued. However, the EBIT also has some disadvantages as it does not reflect the overall profitability of a company and can be influenced by unforeseen events. Therefore, it is important to consider the EBIT in conjunction with other financial indicators to obtain a complete picture of the company.

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Income Statement — Belships AS

All Key Metrics — Belships AS