Business description: Norconsult ASA

Norconsult ASA is a Norway-based holding Company that provides electrical engineering services via its subsidiary Norconsult Norge AS. The Company possesses expertise in several areas, such as transport, buildings, architecture, renewable energy, industry, water, planning, environment and digitalisation. Norconsult ASA offers consultancy services in all phases of a project, and follow up for their clients all the way from the development of ideas and concepts, through planning and engineering design to operation and monitoring. The services of the Company include consulting and design projects preparation including new construction and refurbishment, management of the construction process, building maintenance, programs and training in educational planning and development, planning and construction of hospitals and institutional buildings.

Number of employees: 7,004

Sales by Activity: Norconsult ASA

Fiscal Period: December 2021 (NOK) 2022 (NOK) 2023 (NOK) 2024 (NOK) 2025 (NOK)

Norway Head Office

2.21B 2.53B 2.82B 3.04B 3.53B

Norway Regions

2.17B 2.44B 2.73B 2.83B 3.06B

Sweden

1.2B 1.33B 1.56B 1.81B 2.17B

Renewable Energy

642M 732M 820M 918M 996M

Denmark

460M 627M 779M 864M 892M

Consulting Segments

- - - - 1.04B

Digitalisation

368M 374M - - -

Digital and Techno-Garden

- - 1.15B 1.19B -

Technogarden

599M 688M - - -

Other

59.04M 61.06M - - -

Eliminations

-285M -344M - - -

Other - Corporate Cost and Eliminations

- - -282M -239M -274M

Geographical breakdown of sales: Norconsult ASA

Fiscal Period: December 2021 (NOK) 2022 (NOK) 2023 (NOK) 2024 (NOK) 2025 (NOK)

Norway

5.18B 6B 6.66B 7.12B 7.9B

Sweden

1.44B 1.5B 1.74B 2.08B 2.28B

Denmark

480M 634M 766M 857M 881M

Europe

- - 290M 265M 282M

Other Countries

77.29M 51.13M 124M 94M 66M

Asia

128M 75.36M - - -

Africa

54.86M 60.8M - - -

Iceland

67.45M 119M - - -

Executive Committee: Norconsult ASA

Manager TitleAgeSince
Chief Executive Officer 55 30/11/2020
Director of Finance/CFO 58 31/01/2022
Corporate Officer/Principal - -
Investor Relations Contact - 31/01/2024
Corporate Officer/Principal - -

Composition of the Board of Directors: Norconsult ASA

Director TitleAgeSince
Director/Board Member 68 19/09/2007
Director/Board Member 63 31/12/2016
Chairman 60 31/12/2021
Director/Board Member 57 03/08/2021
Director/Board Member 43 31/12/2022
Director/Board Member 50 31/12/2022
Director/Board Member 44 30/04/2024
Director/Board Member 60 30/04/2024

Shareholders: Norconsult ASA

NameStocks%Valuation
Danske Bank A/S (Investment Management Norway)
3.647 %
11,582,494 3.647 % 42 M kr
Holberg Fondsforvaltning AS
2.142 %
6,801,960 2.142 % 25 M kr
Arctic Asset Management AS
2.114 %
6,713,586 2.114 % 24 M kr
ODIN Forvaltning AS
1.503 %
4,773,556 1.503 % 17 M kr
Heimdal Forvaltning AS
1.023 %
3,250,000 1.023 % 12 M kr

Company details: Norconsult ASA

Norconsult ASA

Vestfjordgaten 4

1338, Sandvika

+47 67 57 10 00

http://www.norconsult.com
address Norconsult ASA(NORCO)

Civil Engineers & Architects

Change 5-day change 1-year change 3-year change Capi.($)
-1.45%+1.63%-14.51% - 1.22B
+1.32%-2.95%+50.33%+437.38% 6.71B
+0.50%+0.46%-11.54%+19.71% 4.89B
+5.50%-22.20%+155.08%+483.80% 3.84B
-0.07%-1.68%+29.65%+85.15% 1.53B
+10.45%-5.25%+331.39%+238.44% 1.05B
+4.75%-7.50%-2.41%-24.42% 990M
+0.03%-11.35%+37.60%+26.29% 773M
+1.83%-11.23%+10.36%-6.12% 735M
+0.17%+0.79%+10.25%+15.66% 705M
Average +2.30%-6.61%+59.62%+141.77% 2.24B
Weighted average by Cap. +2.13%-7.68%+57.64%+248.51%
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
37.95NOK
Average target price
44.25NOK
Spread / Average Target
+16.60%

Quarterly revenue - Rate of surprise

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