Norconsult ASA Income Statement

Financials in millions NOK. Fiscal year is January - December.

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	11,399	10,414	9,567	8,423	7,395
Other Revenue	12	4	7	1	27
Revenue	11,411	10,418	9,574	8,424	7,422
Revenue Growth (YoY)	9.53%	8.82%	13.65%	13.50%	7.07%
Cost of Revenue	9,052	7,535	6,781	5,917	5,216
Gross Profit	2,359	2,883	2,793	2,507	2,206
Selling, General & Admin	-	18	26	26	-
Amortization of Goodwill & Intangibles	55	19	17	15	8
Other Operating Expenses	935	1,807	1,636	1,451	1,211
Operating Expenses	1,487	2,310	2,117	1,876	1,570
Operating Income	872	573	676	631	636
Interest Expense	-105	-49	-43	-33	-32
Interest & Investment Income	99	30	31	12	3
Earnings From Equity Investments	-	6	-	1	-1
Currency Exchange Gain (Loss)	-	-4	-12	6	2
Other Non Operating Income (Expenses)	-2	-3	4	-4	-
EBT Excluding Unusual Items	864	553	656	613	608
Merger & Restructuring Charges	-15	-	-	-	-
Gain (Loss) on Sale of Investments	-	19	22	4	-
Asset Writedown	-	-5	-4	-5	-
Other Unusual Items	-	-	-	-	-128
Pretax Income	849	567	674	612	480
Income Tax Expense	197	69	158	158	138
Earnings From Continuing Operations	652	498	516	454	342
Minority Interest in Earnings	-1	-2	-	-	-
Net Income	651	496	516	454	342
Net Income to Common	651	496	516	454	342
Net Income Growth	31.25%	-3.88%	13.66%	32.75%	14.82%
Shares Outstanding (Basic)	305	289	281	287	299
Shares Outstanding (Diluted)	306	300	283	287	299
Shares Change (YoY)	1.95%	5.97%	-1.18%	-4.24%	-
EPS (Basic)	2.13	1.72	1.84	1.58	1.14
EPS (Diluted)	2.13	1.65	1.82	1.58	1.14
EPS Growth	29.09%	-9.34%	15.19%	38.30%	-
Free Cash Flow	1,046	1,416	863	872	869
Free Cash Flow Per Share	3.42	4.72	3.05	3.04	2.90
Dividend Per Share	1.800	1.700	1.200	0.960	0.880
Dividend Growth	5.88%	41.67%	25.00%	9.09%	-
Gross Margin	20.67%	27.67%	29.17%	29.76%	29.72%
Operating Margin	7.64%	5.50%	7.06%	7.49%	8.57%
Profit Margin	5.71%	4.76%	5.39%	5.39%	4.61%
Free Cash Flow Margin	9.17%	13.59%	9.01%	10.35%	11.71%
EBITDA	993	654	755	705	702
EBITDA Margin	8.70%	6.28%	7.89%	8.37%	9.46%
D&A For EBITDA	121	81	79	74	66
EBIT	872	573	676	631	636
EBIT Margin	7.64%	5.50%	7.06%	7.49%	8.57%
Effective Tax Rate	23.20%	12.17%	23.44%	25.82%	28.75%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.