Nordic American Tankers Limited 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
262M
-22.74%
111M
151M
23M
22M
0M
128M
30M
99M
0M
99M
553.67%
134M
-30M
179M
0M
128M
339M
73.35%
284M
55M
19M
19M
0M
42M
27M
15M
0M
15M
-112.64%
303M
-27M
36M
50M
42M
196M
-44.80%
264M
-69M
16M
16M
0M
-93M
26M
-119M
0M
-119M
-338.81%
280M
-27M
-85M
68M
-93M
355M
11.79%
256M
99M
18M
18M
0M
14M
31M
50M
0M
50M
-580.02%
273M
-31M
82M
68M
14M
317M
9.76%
272M
45M
13M
13M
0M
-36M
38M
-10M
0M
-10M
-89.06%
285M
-42M
28M
64M
-36M
289M
-2.73%
306M
-17M
13M
13M
0M
-39M
30M
-88M
0M
-95M
26.22%
319M
-49M
12M
61M
-49M
297M
-16.87%
331M
-34M
13M
13M
0M
-46M
20M
-76M
0M
-76M
1,594.55%
343M
-21M
-55M
101M
-156M
357M
-19.81%
297M
60M
12M
12M
0M
53M
9M
42M
0M
-4M
-103.89%
309M
-11M
137M
0M
46M
446M
26.97%
308M
138M
10M
10M
0M
128M
11M
115M
0M
115M
-994.96%
318M
0M
125M
0M
43M
351M
44.08%
342M
9M
13M
11M
0M
-5M
12M
-14M
0M
-13M
-87.85%
356M
0M
78M
0M
-2M
244M
164.81%
313M
-69M
20M
15M
0M
-94M
12M
-105M
0M
-105M
44.03%
332M
0M
-14M
0M
-89M
92M
15.21%
133M
-41M
15M
15M
0M
-68M
6M
-73M
0M
-73M
1.24%
148M
0M
-55M
0M
-125M
80M
-36.82%
55M
25M
96M
15M
0M
-71M
2M
-72M
0M
-72M
8,836.71%
151M
0M
-6M
0M
-71M
126M
9.54%
47M
79M
79M
16M
0M
1M
2M
-1M
0M
-1M
-179.94%
126M
0M
63M
0M
1M
115M
-47.05%
43M
72M
70M
15M
0M
2M
2M
1M
0M
1M
-99.15%
113M
0M
57M
0M
2M
218M
16.56%
48M
170M
36M
13M
0M
121M
3M
121M
0M
119M
168.84%
84M
0M
147M
0M
134M
187M
6.53%
47M
140M
87M
12M
0M
53M
0M
53M
0M
44M
-34.41%
134M
0M
96M
0M
54M
176M
49.88%
40M
135M
63M
13M
0M
72M
0M
67M
0M
67M
45.50%
103M
0M
102M
0M
72M
117M
73.62%
31M
86M
37M
8M
0M
49M
3M
46M
0M
46M
13.48%
68M
0M
69M
0M
51M
67M
80.49%
7M
61M
18M
11M
0M
43M
2M
41M
0M
41M
45.25%
25M
0M
52M
0M
45M
37M
106.95%
1M
37M
7M
0M
0M
30M
2M
28M
0M
28M
217.62%
7M
0M
39M
0M
32M
18M
-50.63%
1M
18M
7M
0M
0M
11M
2M
9M
0M
9M
-68.02%
7M
0M
19M
0M
12M
37M
0.00%
1M
37M
7M
0M
0M
29M
2M
28M
0M
28M
0.00%
7M
0M
38M
0M
31M
37M
147.44%
1M
37M
7M
0M
0M
29M
2M
28M
0M
28M
379.14%
7M
0M
38M
0M
31M
15M
-7.65%
0M
15M
7M
0M
0M
7M
2M
6M
0M
6M
-33.08%
7M
0M
14M
0M
7M
16M
203.96%
0M
16M
7M
0M
0M
9M
0M
9M
0M
9M
169.97%
7M
0M
15M
0M
9M
5M
-
0M
5M
2M
0M
0M
3M
0M
3M
0M
3M
169.97%
2M
0M
5M
0M
3M
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
59M
-31.97%
29M
30M
6M
0M
0M
25M
7M
18M
0M
18M
-62.69%
35M
0M
38M
0M
25M
48M
1.38%
27M
21M
6M
6M
0M
14M
8M
7M
0M
7M
-25.20%
34M
-7M
15M
0M
14M
68M
95.10%
29M
39M
5M
5M
0M
34M
8M
27M
0M
27M
-739.55%
34M
-7M
35M
0M
34M
110M
100.24%
67M
43M
5M
5M
0M
44M
8M
36M
0M
36M
-271.22%
72M
-8M
38M
0M
44M
87M
58.25%
27M
60M
6M
6M
0M
55M
8M
47M
0M
47M
-322.92%
32M
-8M
55M
0M
55M
47M
408.77%
27M
20M
4M
4M
0M
17M
7M
10M
0M
10M
-122.41%
31M
-7M
16M
0M
17M
35M
107.50%
29M
6M
4M
4M
0M
2M
6M
-4M
0M
-4M
-85.39%
33M
-6M
2M
0M
2M
55M
25.54%
65M
-10M
4M
4M
0M
-14M
7M
-21M
0M
-21M
-26.58%
69M
-6M
-14M
0M
-66M
55M
25.54%
65M
-10M
4M
4M
0M
-14M
7M
-21M
0M
-21M
-26.58%
69M
-7M
-14M
0M
-66M
9M
-83.38%
35M
-26M
4M
4M
0M
-38M
6M
-45M
0M
-45M
345.71%
39M
-6M
-30M
0M
-38M
17M
-86.34%
35M
-18M
4M
4M
0M
-22M
7M
-29M
0M
-29M
-158.35%
39M
-7M
-22M
0M
-22M
44M
-54.04%
61M
-17M
5M
5M
0M
-22M
7M
-29M
0M
-29M
-325.16%
66M
-7M
-22M
0M
-22M
44M
-54.04%
61M
-17M
5M
5M
0M
-22M
7M
-29M
0M
-29M
-325.16%
66M
-6M
-22M
0M
-22M
56M
-16.83%
54M
2M
4M
4M
0M
-2M
8M
-10M
0M
-10M
-27.07%
58M
-8M
-2M
17M
-2M
123M
85.29%
61M
62M
4M
4M
0M
58M
8M
49M
0M
49M
-428.16%
65M
-8M
58M
0M
58M
95M
10.59%
71M
24M
3M
3M
0M
21M
9M
13M
0M
13M
-221.62%
74M
-8M
21M
0M
21M
95M
10.59%
71M
24M
3M
3M
0M
21M
9M
13M
0M
13M
-221.62%
74M
-9M
21M
0M
21M
67M
7.42%
67M
0M
3M
3M
0M
-3M
9M
-14M
0M
-14M
-63.82%
70M
-11M
-4M
0M
-3M
66M
-9.91%
67M
-1M
4M
4M
0M
-5M
10M
-15M
0M
-15M
-44.89%
71M
-10M
-5M
0M
-5M
86M
18.84%
76M
11M
2M
2M
0M
5M
10M
-10M
0M
-10M
-52.22%
78M
-13M
19M
0M
3M
86M
18.84%
76M
11M
2M
2M
0M
5M
10M
-10M
0M
-10M
-52.22%
78M
0M
19M
16M
3M
63M
12.78%
72M
-10M
4M
4M
0M
-15M
9M
-38M
0M
-38M
10.81%
76M
0M
-27M
0M
-15M
73M
-1.30%
84M
-11M
3M
3M
0M
-18M
8M
-27M
0M
-27M
71.01%
87M
0M
-15M
0M
-18M
73M
-19.73%
83M
-10M
4M
4M
0M
-14M
6M
-22M
0M
-22M
-44.05%
87M
0M
-15M
0M
-40M
73M
-19.73%
83M
-10M
4M
4M
0M
-14M
6M
-22M
0M
-22M
-44.05%
87M
0M
-15M
24M
-40M
56M
-22.44%
80M
-24M
3M
3M
0M
-27M
6M
-27M
0M
-34M
352.51%
83M
0M
-20M
0M
-27M
74M
-15.99%
82M
-8M
2M
2M
0M
-10M
4M
-16M
0M
-16M
-222.58%
85M
0M
-12M
0M
-10M
90M
-15.29%
84M
6M
2M
2M
0M
4M
3M
-39M
0M
-39M
-233.62%
86M
0M
-36M
0M
4M
90M
-21.07%
84M
6M
2M
2M
0M
4M
3M
-39M
0M
-39M
-229.84%
86M
0M
-36M
0M
4M
72M
-29.62%
76M
-4M
3M
3M
0M
-2M
3M
-8M
0M
-8M
-129.32%
79M
0M
-10M
43M
-2M
89M
-23.87%
67M
21M
4M
4M
0M
18M
2M
13M
0M
13M
-58.03%
71M
0M
15M
43M
18M
107M
-5.50%
70M
37M
3M
3M
0M
34M
3M
29M
0M
29M
-3.36%
73M
0M
32M
0M
34M
115M
20.22%
77M
38M
4M
4M
0M
34M
3M
30M
0M
30M
-2,054.24%
80M
0M
33M
0M
35M
102M
149.06%
71M
30M
1M
1M
0M
29M
3M
26M
0M
26M
1,916.47%
73M
0M
28M
0M
29M
116M
75.90%
80M
36M
3M
3M
0M
34M
3M
31M
0M
31M
-286.88%
83M
0M
33M
0M
34M
113M
72.65%
80M
33M
2M
2M
0M
31M
3M
30M
0M
30M
-237.27%
82M
0M
33M
0M
31M
95M
45.64%
89M
6M
3M
3M
0M
3M
3M
-2M
0M
-2M
-93.01%
92M
0M
1M
0M
3M
41M
81.72%
37M
4M
3M
3M
0M
1M
3M
1M
0M
1M
-106.66%
40M
0M
5M
0M
1M
66M
-30.42%
79M
-12M
3M
3M
0M
-16M
3M
-17M
0M
-17M
-47.83%
82M
0M
-13M
0M
-16M
65M
278.96%
79M
-14M
5M
1M
0M
-19M
3M
-22M
0M
-22M
-31.81%
84M
0M
0M
0M
-19M
65M
273.28%
79M
-14M
5M
1M
0M
-19M
3M
-22M
0M
-22M
-32.11%
84M
0M
0M
19M
-19M
23M
45.61%
35M
-13M
4M
4M
0M
-17M
3M
-19M
0M
-19M
-17.58%
39M
0M
2M
18M
-17M
95M
232.93%
120M
-25M
4M
4M
0M
-29M
3M
-32M
0M
-32M
300.05%
124M
0M
-29M
0M
-29M
17M
-49.48%
34M
-17M
7M
7M
0M
-29M
3M
-32M
0M
-32M
-3.62%
42M
0M
-25M
0M
-29M
18M
-48.71%
34M
-16M
2M
2M
0M
-30M
2M
-33M
0M
-33M
-3.20%
36M
0M
-18M
0M
-30M
15M
37.52%
16M
-1M
21M
4M
0M
-22M
2M
-22M
0M
-23M
7.49%
37M
0M
-4M
17M
-22M
29M
19.77%
16M
13M
20M
3M
0M
-7M
1M
-7M
0M
-8M
-20.77%
36M
0M
10M
17M
-7M
34M
67.00%
30M
4M
22M
6M
0M
-34M
0M
-9M
0M
-34M
161.74%
52M
0M
-16M
17M
-33M
34M
67.00%
30M
4M
22M
5M
0M
-34M
0M
-34M
0M
-34M
161.74%
52M
0M
-16M
17M
-33M
11M
-55.98%
14M
-3M
18M
3M
0M
-21M
1M
-22M
0M
-22M
300.92%
32M
0M
-5M
15M
-21M
24M
-38.33%
13M
11M
20M
4M
0M
-10M
0M
-10M
0M
-10M
-226.52%
33M
0M
7M
16M
-10M
20M
-23.77%
12M
9M
21M
4M
0M
-12M
0M
-7M
0M
-13M
200.84%
33M
0M
3M
16M
-12M
20M
-23.77%
12M
9M
21M
5M
0M
-12M
0M
-13M
0M
-13M
200.84%
33M
0M
3M
16M
-12M
26M
43.95%
12M
14M
19M
3M
0M
-5M
1M
-5M
0M
-5M
-54.07%
31M
0M
11M
16M
-5M
39M
29.93%
12M
27M
19M
3M
0M
8M
0M
8M
0M
8M
-5,869.34%
30M
0M
24M
16M
8M
27M
-46.90%
14M
12M
16M
5M
0M
-4M
1M
10M
0M
-4M
-124.82%
31M
0M
11M
15M
-4M
27M
-46.90%
14M
12M
16M
2M
0M
-4M
1M
-4M
0M
-4M
-124.82%
31M
0M
11M
15M
-4M
18M
-73.64%
12M
6M
17M
3M
0M
-11M
0M
-12M
0M
-12M
-127.63%
29M
0M
3M
14M
-11M
30M
-52.97%
11M
19M
19M
6M
0M
0M
0M
0M
0M
0M
-100.39%
30M
0M
13M
13M
0M
51M
-2.25%
9M
42M
15M
5M
0M
17M
0M
18M
0M
17M
-26.55%
23M
0M
40M
13M
27M
51M
-31.66%
9M
42M
15M
2M
0M
17M
0M
17M
0M
17M
926.75%
23M
0M
40M
13M
27M
67M
179.59%
9M
58M
15M
3M
0M
43M
0M
43M
0M
43M
-3,720.36%
25M
0M
55M
12M
43M
63M
42.70%
9M
54M
18M
6M
0M
36M
1M
36M
0M
36M
70.07%
27M
0M
48M
12M
36M
52M
-30.51%
13M
38M
27M
2M
0M
35M
2M
23M
0M
23M
70.35%
40M
0M
23M
-11M
35M
74M
-0.62%
23M
51M
24M
5M
0M
27M
1M
2M
0M
2M
-87.81%
47M
0M
101M
74M
27M
24M
-34.12%
9M
15M
23M
4M
0M
13M
2M
-1M
0M
-1M
-105.80%
32M
0M
3M
-11M
13M
44M
3.34%
8M
36M
21M
2M
0M
36M
3M
21M
0M
21M
25.44%
29M
0M
26M
-10M
36M
74M
56.31%
25M
49M
20M
2M
0M
30M
3M
25M
0M
14M
-45.24%
45M
0M
80M
-10M
30M
74M
56.31%
25M
49M
20M
5M
0M
30M
2M
14M
0M
14M
-45.24%
45M
0M
80M
50M
30M
37M
59.16%
6M
31M
15M
2M
0M
31M
2M
20M
0M
20M
370.59%
20M
0M
24M
-7M
31M
43M
84.37%
15M
28M
25M
3M
0M
3M
1M
3M
0M
17M
97.24%
40M
0M
9M
7M
3M
48M
73.25%
2M
45M
-10M
4M
0M
55M
2M
0M
0M
25M
185.56%
8M
0M
85M
0M
55M
48M
73.25%
2M
45M
-10M
2M
0M
55M
2M
25M
0M
25M
185.56%
8M
0M
85M
29M
55M
23M
75.79%
12M
11M
18M
1M
0M
3M
1M
4M
0M
4M
-57.67%
29M
0M
-2M
-5M
3M
23M
145.18%
8M
15M
15M
3M
0M
0M
0M
8M
0M
8M
22.97%
23M
0M
4M
3M
0M
27M
131.61%
2M
27M
11M
4M
0M
9M
0M
7M
0M
9M
-8.09%
18M
0M
21M
3M
9M
27M
131.61%
12M
27M
11M
9M
0M
9M
1M
9M
0M
9M
-8.09%
18M
0M
21M
12M
9M
13M
220.90%
1M
13M
2M
1M
0M
11M
1M
10M
0M
10M
477.55%
2M
0M
12M
2M
11M
9M
16.66%
0M
9M
2M
0M
0M
7M
1M
7M
0M
7M
17.84%
2M
0M
10M
2M
8M
12M
69.51%
0M
12M
2M
0M
0M
10M
2M
8M
0M
10M
105.85%
2M
0M
13M
2M
12M
12M
69.51%
0M
12M
2M
0M
0M
10M
2M
8M
0M
10M
105.85%
2M
0M
13M
2M
12M
4M
9.24%
0M
4M
2M
0M
0M
2M
0M
2M
0M
2M
23.19%
2M
0M
4M
2M
2M
8M
120.67%
0M
8M
2M
0M
0M
6M
0M
6M
0M
6M
316.72%
2M
0M
8M
2M
6M
7M
79.70%
0M
7M
2M
0M
0M
5M
2M
3M
0M
5M
188.19%
2M
0M
9M
2M
7M
7M
79.70%
0M
7M
2M
0M
0M
5M
2M
3M
0M
5M
188.19%
2M
0M
9M
2M
7M
4M
-33.06%
0M
4M
2M
0M
0M
2M
0M
2M
0M
1M
-56.68%
2M
0M
4M
2M
2M
4M
-73.59%
0M
4M
2M
0M
0M
5M
0M
2M
0M
1M
-88.08%
2M
0M
4M
2M
2M
4M
-66.52%
0M
4M
2M
0M
0M
2M
2M
2M
0M
2M
-82.93%
2M
0M
5M
2M
4M
4M
-72.08%
1M
4M
2M
0M
0M
2M
2M
2M
0M
2M
-86.27%
2M
0M
5M
2M
4M
6M
-49.14%
0M
6M
2M
0M
0M
4M
0M
4M
0M
3M
-62.03%
2M
0M
5M
2M
4M
14M
102.83%
0M
14M
2M
0M
0M
14M
0M
12M
0M
12M
151.37%
2M
0M
15M
2M
14M
12M
142.53%
0M
12M
0M
0M
0M
12M
0M
9M
0M
9M
271.49%
0M
0M
12M
0M
0M
14M
268.92%
0M
14M
2M
0M
0M
14M
2M
12M
0M
12M
754.04%
2M
0M
15M
2M
14M
11M
195.78%
0M
11M
2M
0M
0M
9M
0M
9M
0M
9M
481.10%
2M
0M
11M
2M
9M
7M
85.94%
0M
7M
0M
0M
0M
7M
0M
5M
0M
5M
211.36%
0M
0M
7M
0M
0M
5M
29.49%
0M
5M
0M
0M
0M
5M
0M
3M
0M
3M
38.93%
0M
0M
5M
0M
0M
4M
2.06%
0M
4M
-7M
0M
0M
-4M
0M
1M
0M
1M
-24.86%
7M
0M
-4M
0M
0M
4M
0.00%
0M
4M
0M
0M
0M
4M
0M
2M
0M
2M
-21.05%
0M
0M
4M
0M
0M
4M
-13.95%
0M
4M
0M
0M
0M
4M
0M
2M
0M
2M
-40.00%
0M
0M
4M
0M
0M
4M
-13.81%
0M
4M
2M
0M
0M
2M
0M
2M
0M
2M
-26.82%
2M
0M
4M
2M
2M
4M
-
0M
4M
2M
0M
0M
2M
0M
2M
0M
2M
-26.82%
2M
0M
4M
2M
2M
4M
-
0M
4M
2M
0M
0M
2M
0M
2M
0M
2M
-26.82%
2M
0M
4M
2M
2M
4M
-
0M
4M
0M
0M
0M
4M
0M
3M
0M
3M
-26.82%
0M
0M
4M
0M
0M
4M
-
0M
4M
0M
0M
0M
4M
0M
3M
0M
3M
-26.82%
0M
0M
4M
0M
0M