Golden Ocean Group Ltd Income Statement
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
886M
-20.45%
676M
210M
19M
19M
0M
191M
109M
113M
0M
112M
-75.69%
695M
-89M
327M
132M
191M
1,113M
-7.46%
692M
422M
21M
20M
0M
435M
56M
462M
0M
462M
-12.40%
713M
-54M
574M
130M
435M
1,203M
97.91%
675M
528M
20M
18M
0M
514M
40M
528M
0M
527M
-482.96%
695M
-41M
655M
124M
514M
608M
-13.86%
564M
44M
11M
14M
0M
20M
47M
-138M
0M
-138M
-470.19%
575M
-57M
131M
111M
20M
706M
7.58%
590M
116M
15M
14M
0M
101M
60M
37M
0M
37M
-56.01%
605M
-55M
201M
94M
101M
656M
42.62%
499M
158M
12M
15M
0M
145M
75M
85M
0M
85M
-3,700.26%
510M
-68M
242M
92M
150M
460M
78.44%
400M
60M
9M
13M
0M
50M
60M
-2M
0M
-2M
-98.16%
409M
-58M
137M
78M
59M
258M
35.95%
313M
-55M
15M
13M
0M
-70M
44M
-128M
0M
-128M
-42.17%
327M
-43M
-8M
0M
-72M
190M
96.07%
248M
-59M
17M
12M
0M
-239M
28M
-221M
0M
-221M
-1,480.68%
265M
0M
-30M
0M
-85M
97M
157.59%
72M
25M
5M
5M
0M
19M
3M
16M
0M
16M
-509.81%
77M
0M
39M
0M
19M
38M
0.62%
26M
12M
5M
5M
0M
7M
3M
4M
0M
-4M
-92.69%
31M
0M
18M
0M
6M
37M
-60.52%
23M
14M
4M
4M
0M
10M
4M
6M
0M
-53M
-263.63%
27M
0M
31M
0M
10M
95M
-1.44%
30M
65M
26M
4M
0M
38M
5M
33M
0M
33M
-15.31%
56M
0M
61M
0M
38M
96M
42.41%
30M
66M
23M
3M
0M
43M
4M
39M
0M
39M
77.85%
53M
0M
64M
0M
44M
67M
-18.78%
9M
59M
35M
2M
0M
24M
2M
23M
0M
22M
-54.88%
44M
0M
39M
0M
24M
83M
-5.95%
19M
64M
15M
2M
0M
49M
3M
49M
0M
48M
-43.36%
34M
0M
63M
0M
49M
88M
-16.62%
28M
60M
47M
2M
0M
90M
6M
13M
0M
85M
85.57%
75M
0M
30M
0M
13M
106M
5.54%
36M
70M
54M
2M
0M
51M
0M
15M
0M
46M
3.98%
90M
0M
33M
0M
15M
100M
-26.17%
34M
67M
52M
1M
0M
48M
0M
15M
0M
44M
-48.78%
85M
0M
32M
0M
15M
136M
80.33%
24M
112M
42M
1M
0M
93M
0M
69M
0M
86M
80.86%
67M
0M
86M
0M
69M
75M
86.83%
1M
75M
18M
1M
0M
57M
0M
56M
0M
47M
278.15%
18M
0M
75M
0M
57M
40M
-34.55%
1M
40M
18M
1M
0M
22M
0M
21M
0M
13M
-62.99%
18M
0M
40M
0M
22M
62M
-19.39%
1M
62M
18M
1M
0M
43M
0M
43M
0M
34M
-30.39%
18M
0M
61M
0M
44M
76M
89.53%
1M
76M
18M
1M
0M
58M
0M
57M
0M
49M
287.54%
18M
0M
76M
0M
58M
40M
-10.58%
0M
40M
18M
1M
0M
22M
0M
21M
0M
13M
-27.69%
19M
0M
39M
0M
22M
45M
6.88%
0M
45M
18M
1M
0M
27M
1M
27M
0M
17M
-10.75%
19M
0M
43M
0M
26M
42M
-
0M
42M
16M
1M
0M
27M
2M
28M
0M
19M
-10.75%
16M
0M
39M
0M
25M
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
2Q2008
1Q2008
4Q2007
3Q2007
2Q2007
1Q2007
4Q2006
3Q2006
2Q2006
1Q2006
4Q2005
3Q2005
2Q2005
1Q2005
4Q2004
3Q2004
2Q2004
1Q2004
4Q2003
3Q2003
2Q2003
1Q2003
4Q2002
3Q2002
2Q2002
1Q2002
4Q2001
3Q2001
2Q2001
1Q2001
4Q2000
3Q2000
2Q2000
1Q2000
4Q1999
3Q1999
2Q1999
1Q1999
4Q1998
3Q1998
2Q1998
1Q1998
4Q1997
3Q1997
2Q1997
1Q1997
254M
1.86%
164M
90M
5M
5M
0M
85M
29M
58M
0M
57M
-15.74%
169M
-28M
122M
36M
85M
222M
-21.41%
173M
48M
4M
4M
0M
45M
29M
29M
0M
29M
-72.52%
178M
-28M
79M
35M
44M
213M
-32.62%
165M
49M
5M
5M
0M
44M
24M
35M
0M
35M
-78.69%
170M
-23M
83M
33M
50M
197M
-25.89%
174M
22M
4M
4M
0M
25M
22M
-9M
0M
-9M
-107.04%
178M
-21M
56M
31M
25M
250M
-34.64%
172M
77M
5M
5M
0M
75M
19M
68M
0M
68M
-66.53%
177M
-17M
114M
32M
75M
282M
-27.24%
197M
85M
5M
5M
0M
102M
15M
105M
0M
105M
-46.47%
202M
-14M
119M
32M
102M
317M
14.86%
165M
152M
5M
5M
0M
156M
12M
164M
0M
164M
56.71%
170M
-12M
192M
33M
156M
265M
67.78%
157M
108M
6M
5M
0M
102M
10M
125M
0M
125M
431.50%
163M
-10M
149M
32M
102M
382M
126.31%
171M
211M
11M
5M
0M
204M
11M
204M
0M
204M
703.38%
182M
-11M
242M
33M
208M
388M
108.87%
199M
189M
4M
5M
0M
190M
11M
195M
0M
195M
400.06%
202M
-11M
229M
33M
196M
276M
137.17%
177M
99M
2M
5M
0M
97M
10M
105M
0M
104M
-353.13%
178M
-10M
130M
30M
100M
158M
15.02%
129M
29M
3M
4M
0M
22M
9M
24M
0M
24M
-114.66%
132M
-8M
54M
27M
28M
169M
-31.05%
135M
33M
5M
4M
0M
28M
10M
25M
0M
25M
-38.19%
140M
-9M
58M
28M
31M
186M
-15.39%
135M
50M
2M
3M
0M
48M
10M
39M
0M
39M
6.44%
137M
-10M
73M
28M
46M
116M
0.40%
131M
-15M
5M
3M
0M
-20M
12M
-41M
0M
-41M
24.77%
136M
-13M
-2M
27M
-29M
137M
9.04%
162M
-24M
-1M
3M
0M
-118M
15M
-161M
0M
-161M
2,054.32%
161M
-14M
1M
29M
-28M
245M
39.03%
190M
54M
9M
4M
0M
46M
13M
41M
0M
41M
74.01%
199M
-12M
72M
24M
48M
219M
15.89%
163M
56M
3M
3M
0M
53M
14M
37M
0M
37M
4.01%
166M
-13M
80M
23M
57M
116M
-17.82%
121M
-6M
1M
3M
0M
-7M
15M
-33M
0M
-33M
-468.44%
123M
-14M
20M
24M
-4M
126M
-15.96%
115M
11M
3M
4M
0M
8M
17M
-7M
0M
-7M
-144.75%
118M
-15M
29M
23M
6M
176M
16.22%
131M
45M
3M
4M
0M
43M
19M
24M
0M
24M
-13.04%
133M
0M
64M
23M
41M
189M
49.08%
136M
54M
3M
4M
0M
51M
19M
35M
0M
35M
9,488.32%
138M
0M
77M
23M
53M
141M
44.00%
114M
27M
1M
4M
0M
25M
19M
9M
0M
9M
-175.07%
115M
0M
51M
23M
28M
150M
73.90%
118M
32M
6M
4M
0M
26M
17M
17M
0M
17M
157.61%
124M
0M
49M
22M
27M
151M
75.61%
107M
45M
4M
3M
0M
40M
16M
27M
0M
27M
318.84%
111M
0M
63M
21M
42M
127M
78.79%
114M
13M
2M
3M
0M
10M
16M
0M
0M
0M
-101.38%
116M
0M
37M
21M
16M
98M
79.51%
92M
5M
1M
4M
0M
5M
13M
-12M
0M
-12M
-69.50%
93M
0M
24M
19M
5M
86M
52.54%
82M
4M
3M
3M
0M
1M
12M
6M
0M
6M
-109.35%
85M
0M
18M
17M
2M
86M
52.54%
82M
4M
3M
3M
0M
1M
12M
6M
0M
6M
-109.35%
85M
0M
18M
17M
2M
71M
8.09%
85M
-14M
3M
3M
0M
-16M
12M
-27M
0M
-27M
-34.29%
87M
0M
1M
17M
-15M
55M
10.48%
74M
-19M
3M
4M
0M
-23M
11M
-39M
0M
-39M
10.33%
76M
0M
-6M
16M
-22M
57M
54.10%
75M
-18M
8M
3M
0M
-39M
6M
-69M
0M
-69M
-1,441.88%
83M
0M
-13M
15M
-27M
57M
54.10%
75M
-18M
8M
3M
0M
-39M
6M
-69M
0M
-69M
-1,441.88%
83M
0M
-13M
12M
-27M
66M
239.74%
78M
-12M
3M
3M
0M
-25M
9M
-41M
0M
-41M
559.69%
81M
0M
-7M
15M
-22M
49M
139.56%
65M
-16M
5M
5M
0M
-21M
11M
-36M
0M
-36M
-665.82%
70M
0M
-7M
15M
-22M
37M
82.45%
29M
8M
2M
2M
0M
6M
1M
5M
0M
5M
-51.84%
31M
0M
13M
10M
6M
37M
172.38%
29M
8M
2M
2M
0M
6M
1M
5M
0M
5M
71.44%
31M
0M
13M
7M
6M
19M
94.33%
23M
-4M
1M
1M
0M
-5M
1M
-6M
0M
-6M
-711.81%
24M
0M
1M
6M
-5M
21M
168.84%
13M
8M
1M
1M
0M
7M
0M
6M
0M
6M
-738.41%
14M
0M
11M
4M
7M
20M
133.56%
7M
13M
1M
1M
0M
11M
1M
11M
0M
11M
-3,983.33%
9M
0M
14M
3M
11M
13M
56.45%
8M
6M
2M
2M
0M
4M
1M
3M
0M
3M
-1,190.94%
9M
0M
7M
2M
4M
10M
222.42%
7M
3M
1M
1M
0M
2M
1M
1M
0M
1M
-101.77%
8M
0M
5M
3M
2M
8M
-40.89%
6M
2M
1M
1M
0M
0M
1M
-1M
0M
-1M
-70.02%
7M
0M
3M
3M
0M
9M
-62.97%
5M
4M
1M
1M
0M
2M
1M
1M
0M
0M
-103.54%
6M
0M
6M
3M
2M
9M
-62.97%
5M
4M
1M
1M
0M
2M
1M
1M
0M
0M
-103.54%
6M
0M
6M
3M
2M
3M
-88.12%
10M
-7M
7M
1M
0M
-56M
1M
-57M
0M
-57M
-727.88%
17M
0M
-8M
6M
-14M
13M
-43.41%
8M
5M
7M
1M
0M
-2M
1M
-3M
0M
-3M
-145.71%
15M
0M
4M
6M
-2M
23M
3.74%
7M
16M
7M
1M
0M
9M
1M
9M
0M
8M
-9.49%
14M
0M
15M
6M
9M
23M
7.49%
7M
16M
7M
1M
0M
9M
1M
9M
0M
8M
29.71%
14M
0M
15M
5M
9M
26M
9.36%
9M
17M
7M
1M
0M
10M
1M
10M
0M
9M
2.33%
15M
0M
17M
6M
11M
23M
-13.07%
8M
15M
6M
1M
0M
9M
1M
7M
0M
7M
-46.57%
14M
0M
14M
6M
9M
22M
-7.35%
6M
16M
6M
1M
0M
10M
1M
10M
0M
9M
-16.00%
12M
0M
16M
6M
10M
22M
-7.65%
8M
14M
6M
1M
0M
7M
1M
7M
0M
6M
-33.18%
14M
0M
13M
6M
7M
24M
67.06%
8M
16M
6M
1M
0M
10M
1M
10M
0M
9M
185.82%
13M
0M
16M
6M
11M
26M
88.53%
7M
20M
5M
1M
0M
14M
1M
13M
0M
13M
334.01%
12M
0M
19M
4M
14M
24M
50.14%
8M
16M
5M
1M
0M
11M
1M
11M
0M
10M
31.94%
13M
0M
16M
4M
11M
23M
45.37%
22M
2M
-8M
1M
0M
10M
1M
10M
0M
9M
15.74%
13M
0M
15M
4M
10M
14M
-28.26%
2M
12M
9M
1M
0M
3M
0M
3M
0M
3M
-72.53%
11M
0M
7M
3M
4M
14M
-36.44%
2M
12M
8M
0M
0M
3M
0M
3M
0M
3M
-78.14%
11M
0M
7M
3M
3M
16M
-35.58%
4M
12M
4M
0M
0M
8M
1M
8M
0M
8M
-47.63%
8M
0M
12M
3M
8M
16M
-33.44%
4M
12M
4M
0M
0M
8M
1M
8M
0M
8M
-87.14%
8M
0M
12M
3M
8M
20M
-1.75%
5M
15M
4M
0M
0M
11M
1M
11M
0M
11M
48.58%
8M
0M
15M
3M
11M
22M
11.40%
4M
18M
4M
0M
0M
14M
1M
14M
0M
14M
96.45%
8M
0M
18M
3M
14M
25M
2.24%
6M
19M
4M
0M
0M
15M
1M
15M
0M
15M
61.98%
10M
0M
19M
3M
15M
24M
-1.06%
7M
17M
40M
0M
0M
-22M
1M
-22M
0M
60M
559.38%
47M
0M
8M
30M
-22M
20M
-33.62%
6M
14M
5M
0M
0M
9M
1M
18M
0M
8M
-47.56%
11M
0M
13M
-4M
18M
20M
-16.65%
6M
13M
5M
0M
0M
9M
1M
17M
0M
7M
-8.59%
11M
0M
13M
-4M
17M
24M
-18.83%
9M
15M
41M
0M
0M
11M
1M
-25M
0M
9M
-42.26%
50M
0M
5M
-4M
-25M
24M
-18.83%
9M
15M
41M
0M
0M
11M
1M
-25M
0M
9M
-42.26%
50M
0M
5M
30M
-25M
30M
53.80%
10M
21M
5M
0M
0M
16M
2M
25M
0M
14M
297.78%
14M
0M
20M
-4M
25M
24M
13.16%
10M
14M
5M
0M
0M
9M
1M
18M
0M
8M
7.22%
14M
0M
14M
-4M
18M
30M
-29.20%
8M
22M
38M
0M
0M
17M
1M
-16M
0M
16M
-47.01%
47M
0M
14M
-4M
-16M
30M
-29.20%
8M
22M
38M
0M
0M
17M
1M
-16M
0M
16M
-47.01%
47M
0M
14M
30M
-16M
20M
-30.65%
10M
9M
5M
0M
0M
5M
1M
13M
0M
4M
-79.50%
15M
0M
9M
-4M
14M
21M
-25.51%
8M
13M
0M
0M
0M
13M
1M
21M
0M
7M
-50.19%
8M
0M
17M
-4M
21M
43M
88.11%
7M
35M
-3M
0M
0M
63M
1M
38M
0M
30M
90.88%
4M
0M
69M
-4M
38M
43M
88.11%
7M
35M
-3M
0M
0M
63M
1M
38M
0M
30M
90.88%
4M
0M
69M
30M
38M
28M
180.55%
7M
22M
10M
0M
0M
11M
2M
20M
0M
18M
458.61%
17M
0M
13M
-4M
18M
28M
44.63%
8M
20M
5M
0M
0M
22M
2M
24M
0M
15M
18.33%
13M
0M
18M
-4M
22M
23M
122.88%
2M
23M
5M
0M
0M
18M
0M
18M
0M
16M
392.24%
5M
0M
49M
-4M
18M
23M
122.88%
0M
23M
5M
0M
0M
18M
0M
18M
0M
16M
392.24%
5M
0M
49M
31M
18M
10M
0.00%
0M
10M
5M
0M
0M
6M
2M
14M
0M
3M
-0.43%
5M
0M
10M
-4M
15M
19M
93.42%
0M
19M
5M
0M
0M
15M
2M
24M
0M
12M
299.44%
5M
0M
19M
-4M
24M
10M
-3.46%
0M
10M
5M
0M
0M
6M
0M
5M
0M
3M
-10.35%
5M
0M
37M
-4M
6M
10M
-3.46%
0M
10M
5M
0M
0M
6M
0M
5M
0M
3M
-10.35%
5M
0M
37M
31M
6M
10M
0.00%
0M
10M
5M
0M
0M
6M
2M
14M
0M
3M
-0.56%
5M
0M
10M
-4M
15M
10M
-31.99%
0M
10M
5M
0M
0M
5M
2M
14M
0M
3M
-60.34%
5M
0M
10M
-4M
14M
11M
-66.21%
0M
11M
5M
0M
0M
6M
2M
6M
0M
4M
-85.35%
5M
0M
37M
-4M
6M
11M
-66.21%
0M
11M
5M
0M
0M
6M
2M
6M
0M
4M
-85.35%
5M
0M
37M
31M
6M
10M
-54.59%
0M
10M
5M
0M
0M
15M
2M
14M
0M
3M
-79.18%
5M
0M
10M
-4M
15M
15M
15.13%
0M
15M
5M
0M
0M
19M
2M
19M
0M
8M
33.01%
5M
0M
15M
-4M
19M
31M
209.88%
0M
31M
5M
0M
0M
27M
0M
26M
0M
24M
679.02%
5M
0M
57M
-4M
27M
31M
205.79%
0M
31M
5M
0M
0M
27M
0M
26M
0M
24M
664.26%
5M
0M
57M
31M
27M
22M
119.16%
0M
22M
4M
0M
0M
22M
0M
22M
0M
15M
382.55%
4M
0M
22M
-4M
26M
13M
26.97%
0M
13M
5M
0M
0M
17M
2M
17M
0M
6M
85.13%
5M
0M
13M
-4M
17M
10M
1.43%
0M
10M
5M
0M
0M
14M
2M
14M
0M
3M
3.74%
5M
0M
10M
-4M
14M
10M
-8.65%
0M
10M
5M
0M
0M
5M
2M
5M
0M
3M
-24.21%
5M
0M
36M
31M
5M
10M
-9.73%
0M
10M
5M
0M
0M
15M
2M
15M
0M
3M
-27.27%
5M
0M
10M
-5M
15M
10M
-10.62%
0M
10M
5M
0M
0M
15M
2M
15M
0M
3M
-27.27%
5M
0M
10M
-5M
15M
10M
-12.39%
0M
10M
5M
0M
0M
14M
2M
14M
0M
3M
-31.82%
5M
0M
10M
-5M
14M
11M
4.71%
0M
11M
-19M
0M
0M
-8M
0M
4M
0M
4M
-14.21%
19M
0M
-8M
0M
0M
11M
7.62%
0M
11M
0M
0M
0M
11M
0M
4M
0M
4M
-10.20%
0M
0M
11M
0M
0M
11M
7.62%
0M
11M
0M
0M
0M
11M
0M
4M
0M
4M
-10.20%
0M
0M
11M
0M
0M
11M
7.62%
0M
11M
0M
0M
0M
11M
0M
4M
0M
4M
-8.33%
0M
0M
11M
0M
0M
11M
-
0M
11M
-16M
0M
0M
-5M
0M
5M
0M
5M
-8.33%
16M
0M
-5M
0M
0M
11M
-
0M
11M
0M
0M
0M
11M
0M
5M
0M
5M
-8.33%
0M
0M
11M
0M
0M
11M
-
0M
11M
0M
0M
0M
11M
0M
5M
0M
5M
-8.33%
0M
0M
11M
0M
0M
11M
-
0M
11M
0M
0M
0M
11M
0M
5M
0M
5M
-8.33%
0M
0M
11M
0M
0M