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Norway
In shortNorgesgruppen ASA is profitable, generates cash and carries moderate debt, with revenue growing (+6.1% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | – | n/a |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 3.0% | 32/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 10.8% | 54/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.04× | 20/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.10× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 6.1% | 45/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.07× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 4.1% | 96/100 |
| Operating margin volatility | 0.7% | 100/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 7.0% | 56/100 |
|---|---|---|
| EPS growth, 3-year average | 12.1% | 85/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
NOK millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 99,880 | 99,243 | 109,005 | 114,531 | 121,574 |
| Operating income | 5,666 | 4,341 | 5,251 | – | – |
| Interest expense | 1,266 | 1,368 | 1,596 | 1,637 | 1,778 |
| Pre-tax income | 4,594 | 3,251 | 3,996 | 4,559 | 4,519 |
| Income tax | 941 | 649 | 822 | 885 | 851 |
| Net income | 3,590 | 2,567 | 3,148 | 3,618 | 3,609 |
| Diluted EPS | kr92.03 | kr65.86 | kr80.81 | kr92.95 | kr92.75 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Mar 27, 2026