Fjord1 ASA / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2020	€264.47M +15.9%	€13.97M -21.9%	5.3% -0.026 pp	€200.08M -7.2%	75.7% -0.19 pp
2019	€228.18M -13.0%	€17.88M -61.3%	7.8% -0.098 pp	€215.71M -12.7%	94.5% +0.0032 pp
2018	€262.31M +259.6%	€46.16M -10.5%	17.6% -0.53 pp	€247.14M +73.2%	94.2% -1.0 pp
2017	€72.94M -63.6%	€51.60M +57.0%	70.7% +0.54 pp	€142.67M +104.4%	195.6% +1.6 pp
2016	€200.39M +6.6%	€32.87M +111.0%	16.4% +0.081 pp	€69.81M +93.3%	34.8% +0.16 pp
2015	€188.01M -5.0%	€15.58M +87.7%	8.3% +0.041 pp	€36.12M +22.5%	19.2% +0.043 pp
2014	€197.92M	€8.30M	4.2%	€29.49M	14.9%