Financial income and expenses

12 Months Ended

Dec. 31, 2022

Financial income and expenses

Financial income and expenses

Financial income and expenses

The following table shows a reconciliation of financial income and expense. Interest expense on loans and other borrowings during 2020 and 2021 relates to the shareholder loan and loan facilities, and interest expense on lease liabilities relates to our property and equipment leases, both described in note 15.

Amounts in thousands USD	for the year ended December 31, 2022		for the year ended December 31, 2021		for the year ended December 31, 2020
Interest income	$	1,159	$	98	$	—
Interest expense on loans and other borrowings	(31)		(1,760)		(6,355)
Interest expense on lease liabilities	(500)		(386)		(276)
Total interest income/(expense)	628		(2,048)		(6,631)
Total foreign exchange gain	14,059		1,874		5,455
Other financial income/(expenses)	508		(1,719)		(713)
Financial items - net	$	15,195	$	(1,893)	$	(1,889)