Delayed
OTC Markets
|
5-day change
|
1st Jan Change
|
- USD
|
-.--%
|
|
-.--%
|
-.--%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
16,097
|
14,921
|
17,705
|
13,043
|
13,779
|
16,450
|
-
|
-
|
Enterprise Value (EV)
1 |
18,750
|
11,843
|
13,996
|
10,207
|
11,003
|
15,484
|
15,444
|
15,306
|
P/E ratio
|
26
x
|
7.1
x
|
18.6
x
|
12
x
|
12.9
x
|
13.1
x
|
12.1
x
|
11.8
x
|
Yield
|
-
|
25.5%
|
5.29%
|
8.01%
|
7.73%
|
6.57%
|
6.98%
|
7.39%
|
Capitalization / Revenue
|
0.42
x
|
0.39
x
|
0.47
x
|
0.34
x
|
0.32
x
|
0.38
x
|
0.36
x
|
0.35
x
|
EV / Revenue
|
0.48
x
|
0.31
x
|
0.37
x
|
0.26
x
|
0.26
x
|
0.36
x
|
0.34
x
|
0.32
x
|
EV / EBITDA
|
12.7
x
|
5.58
x
|
6.13
x
|
4.17
x
|
4.48
x
|
5.72
x
|
5.3
x
|
5.1
x
|
EV / FCF
|
-31.1
x
|
7.1
x
|
8.13
x
|
10.4
x
|
12
x
|
24.7
x
|
13.8
x
|
11.9
x
|
FCF Yield
|
-3.22%
|
14.1%
|
12.3%
|
9.6%
|
8.36%
|
4.06%
|
7.25%
|
8.4%
|
Price to Book
|
4.05
x
|
5.24
x
|
6.24
x
|
4.36
x
|
-
|
5.01
x
|
4.62
x
|
4.31
x
|
Nbr of stocks (in thousands)
|
134,704
|
134,668
|
133,726
|
134,746
|
134,825
|
135,061
|
-
|
-
|
Reference price
2 |
119.5
|
110.8
|
132.4
|
96.80
|
102.2
|
121.8
|
121.8
|
121.8
|
Announcement Date
|
11/02/20
|
12/02/21
|
09/02/22
|
08/02/23
|
08/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
38,779
|
38,140
|
37,592
|
38,658
|
43,146
|
43,585
|
45,852
|
47,223
|
EBITDA
1 |
1,482
|
2,122
|
2,282
|
2,446
|
2,454
|
2,706
|
2,913
|
3,000
|
EBIT
1 |
595
|
1,213
|
1,364
|
1,508
|
1,409
|
1,616
|
1,743
|
1,791
|
Operating Margin
|
1.53%
|
3.18%
|
3.63%
|
3.9%
|
3.27%
|
3.71%
|
3.8%
|
3.79%
|
Earnings before Tax (EBT)
1 |
596
|
1,100
|
1,342
|
1,467
|
1,444
|
1,720
|
1,846
|
1,899
|
Net income
1 |
619
|
2,108
|
1,100
|
1,226
|
1,069
|
1,257
|
1,359
|
1,397
|
Net margin
|
1.6%
|
5.53%
|
2.93%
|
3.17%
|
2.48%
|
2.88%
|
2.96%
|
2.96%
|
EPS
2 |
4.600
|
15.60
|
7.100
|
8.100
|
7.900
|
9.313
|
10.07
|
10.35
|
Free Cash Flow
1 |
-603
|
1,668
|
1,721
|
980
|
920
|
628
|
1,120
|
1,285
|
FCF margin
|
-1.55%
|
4.37%
|
4.58%
|
2.54%
|
2.13%
|
1.44%
|
2.44%
|
2.72%
|
FCF Conversion (EBITDA)
|
-
|
78.61%
|
75.42%
|
40.07%
|
37.49%
|
23.21%
|
38.44%
|
42.83%
|
FCF Conversion (Net income)
|
-
|
79.13%
|
156.45%
|
79.93%
|
86.06%
|
49.97%
|
82.43%
|
92.01%
|
Dividend per Share
2 |
-
|
28.25
|
7.000
|
7.750
|
7.900
|
8.000
|
8.500
|
9.000
|
Announcement Date
|
11/02/20
|
12/02/21
|
09/02/22
|
08/02/23
|
08/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
10,176
|
8,369
|
9,902
|
9,550
|
10,837
|
9,461
|
11,165
|
10,387
|
12,134
|
9,478
|
11,215
|
10,650
|
12,242
|
10,053
|
11,777
|
EBITDA
1 |
655
|
197
|
609
|
792
|
848
|
84
|
646
|
862
|
861
|
259
|
729.3
|
858.4
|
858.8
|
202
|
812
|
EBIT
1 |
405
|
-24
|
388
|
566
|
578
|
-54
|
389
|
603
|
580
|
-
|
434
|
601
|
581
|
-46
|
460
|
Operating Margin
|
3.98%
|
-0.29%
|
3.92%
|
5.93%
|
5.33%
|
-0.57%
|
3.48%
|
5.81%
|
4.78%
|
-
|
3.87%
|
5.64%
|
4.75%
|
-0.46%
|
3.91%
|
Earnings before Tax (EBT)
1 |
393
|
-55
|
355
|
545
|
622
|
-147
|
387
|
601
|
603
|
25
|
455.5
|
629.3
|
610.5
|
-17
|
484
|
Net income
1 |
290
|
-54
|
251
|
404
|
518
|
-120
|
275
|
441
|
474
|
9
|
319.5
|
466.5
|
461.8
|
-14
|
343
|
Net margin
|
2.85%
|
-0.65%
|
2.53%
|
4.23%
|
4.78%
|
-1.27%
|
2.46%
|
4.25%
|
3.91%
|
0.09%
|
2.85%
|
4.38%
|
3.77%
|
-0.14%
|
2.91%
|
EPS
2 |
2.200
|
-0.4000
|
1.900
|
3.000
|
3.600
|
-0.9000
|
2.000
|
3.300
|
3.500
|
0.1000
|
2.368
|
3.457
|
3.422
|
-0.1100
|
2.540
|
Dividend per Share
|
7.000
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
09/02/22
|
12/05/22
|
17/08/22
|
09/11/22
|
08/02/23
|
11/05/23
|
17/08/23
|
08/11/23
|
08/02/24
|
08/05/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
2,653
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
3,078
|
3,709
|
2,836
|
2,776
|
966
|
1,006
|
1,144
|
Leverage (Debt/EBITDA)
|
1.79
x
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-603
|
1,668
|
1,721
|
980
|
920
|
628
|
1,120
|
1,285
|
ROE (net income / shareholders' equity)
|
15.6%
|
53%
|
38%
|
43%
|
35.1%
|
39.3%
|
39.5%
|
37.7%
|
ROA (Net income/ Total Assets)
|
3.01%
|
-
|
6.31%
|
7.01%
|
5.96%
|
7%
|
7.5%
|
7.5%
|
Assets
1 |
20,565
|
-
|
17,427
|
17,480
|
17,928
|
17,955
|
18,117
|
18,621
|
Book Value Per Share
2 |
29.50
|
21.10
|
21.20
|
22.20
|
-
|
24.30
|
26.40
|
28.20
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
1 |
537
|
682
|
473
|
429
|
2,019
|
1,508
|
1,135
|
1,187
|
Capex / Sales
|
1.38%
|
1.79%
|
1.26%
|
1.11%
|
4.68%
|
3.46%
|
2.48%
|
2.51%
|
Announcement Date
|
11/02/20
|
12/02/21
|
09/02/22
|
08/02/23
|
08/02/24
|
-
|
-
|
-
|
Last Close Price
121.8
NOK Average target price
135
NOK Spread / Average Target +10.84% Consensus |
1st Jan change
|
Capi.
|
---|
| -7.26% | 64.97B | | +3.10% | 59.82B | | +16.65% | 37.97B | | +12.68% | 30.77B | | +15.45% | 30.42B | | +19.66% | 20.42B | | +10.04% | 19.89B | | +74.17% | 18.37B | | +27.59% | 16.1B |
Other Construction & Engineering
|