Annual Report 2024

Annual Report 2024

19. Selling, General and Administrative Expenses

Selling, General and Administrative Expenses

 

 

Year Ended December 31,

(in thousands of $)

 

2024

 

20231)

 

20221)

Personnel expenses

 

424,916

 

303,033

 

234,740

Marketing services

 

306,987

 

202,146

 

115,950

Professional fees

 

170,215

 

108,820

 

62,620

BIS expenses

 

27,295

 

20,408

 

17,431

Facilities and occupancy expenses

 

20,888

 

11,264

 

9,627

Supervisory board

 

9,724

 

8,362

 

6,912

Depreciation and amortization

 

3,149

 

2,366

 

2,211

Other expenses

 

92,163

 

55,506

 

22,641

Total Selling, general and administrative expenses

 

1,055,337

 

711,905

 

472,132

1)

Comparative figures have been presented to be consistent with the one adopted in the current year.