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Norway
In shortAkva Group ASA is profitable, generates cash and carries moderate debt, with revenue growing (+24.4% 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. | 6.4% | 38/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 4.2% | 37/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 13.7% | 69/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 11.1% | 74/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.26× | 38/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.73× | 70/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.59× | 69/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 2.32× | 8/100 |
| 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. | 10.8% | 63/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.57× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 4 | 58/100 |
| Revenue growth volatility | 11.0% | 70/100 |
| Operating margin volatility | 3.6% | 76/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 12.0% | 84/100 |
|---|---|---|
| EPS growth, 3-year average | 146.1% | 100/100 |
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.
The last 5 fiscal years from the company's annual reports.
NOK millions; negative values in parentheses.
| Fiscal year | FY20 | FY21 | FY22 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 3,159 | 3,112 | 3,320 | 3,518 | 4,377 |
| Operating income | 147 | 70 | (56) | 256 | 280 |
| Interest expense | 51 | 74 | 101 | 135 | 120 |
| Pre-tax income | 121 | 2.5 | (152) | 126 | 193 |
| Income tax | 31 | (8.9) | (21) | (1.2) | 11 |
| Net income | 91 | 11 | (131) | 130 | 184 |
| Diluted EPS | kr2.74 | kr0.34 | −kr3.61 | kr3.58 | kr5.07 |
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 Apr 10, 2026