Norsk Hydro ASA Income Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	215,813	203,636	193,619	207,929	149,654	114,291
Other Revenue	1	-	-	-	-1	-
Revenue	215,814	203,636	193,619	207,929	149,653	114,291
Revenue Growth (YoY)	10.48%	5.17%	-6.88%	38.94%	30.94%	-23.72%
Cost of Revenue	134,926	129,349	123,538	129,373	88,843	68,953
Gross Profit	80,888	74,287	70,081	78,556	60,810	45,338
Selling, General & Admin	27,564	26,932	25,922	22,864	20,294	19,142
Other Operating Expenses	-5,220	-5,032	-4,048	-3,499	-1,342	-1,180
Operating Expenses	32,631	32,031	31,268	27,958	26,796	25,137
Operating Income	48,257	42,256	38,813	50,598	34,014	20,201
Interest Expense	-2,399	-2,734	-2,054	-1,090	-956	-994
Interest & Investment Income	1,181	1,601	1,302	652	263	290
Earnings From Equity Investments	-224	-516	492	1,337	1,340	223
Currency Exchange Gain (Loss)	-560	-5,646	-2,084	2,192	1,404	-3,800
Other Non Operating Income (Expenses)	-26,265	-26,571	-25,605	-21,862	-18,108	-15,371
EBT Excluding Unusual Items	19,990	8,390	10,864	31,827	17,957	549
Impairment of Goodwill	-	-	-2,220	-	-	-1,129
Gain (Loss) on Sale of Investments	-404	-	-	-33	-	-
Gain (Loss) on Sale of Assets	511	511	104	248	356	5,498
Asset Writedown	-348	-39	-2,201	-336	-437	-850
Other Unusual Items	-	-	-	-	-	240
Pretax Income	19,749	8,862	6,547	32,365	18,397	4,804
Income Tax Expense	7,506	3,822	3,742	7,984	4,467	918
Earnings From Continuing Operations	12,243	5,040	2,805	24,381	13,930	3,886
Earnings From Discontinued Operations	-	-	-	36	12	-2,226
Net Income to Company	12,243	5,040	2,805	24,417	13,942	1,660
Minority Interest in Earnings	-1,250	750	778	-263	-1,782	185
Net Income	10,993	5,790	3,583	24,154	12,160	1,845
Net Income to Common	10,993	5,790	3,583	24,154	12,160	1,845
Net Income Growth	719.76%	61.60%	-85.17%	98.63%	559.08%	-
Shares Outstanding (Basic)	1,975	1,998	2,029	2,051	2,051	2,049
Shares Outstanding (Diluted)	1,975	1,998	2,029	2,051	2,051	2,049
Shares Change (YoY)	-1.52%	-1.54%	-1.06%	-0.00%	0.10%	0.08%
EPS (Basic)	5.57	2.90	1.77	11.78	5.93	0.90
EPS (Diluted)	5.57	2.90	1.77	11.78	5.93	0.90
EPS Growth	732.43%	64.13%	-85.01%	98.64%	558.40%	-
Free Cash Flow	10,028	1,801	8,582	19,733	8,310	7,233
Free Cash Flow Per Share	5.08	0.90	4.23	9.62	4.05	3.53
Dividend Per Share	2.250	2.250	2.500	5.650	3.400	1.250
Dividend Growth	-10.00%	-10.00%	-55.75%	66.18%	172.00%	-
Gross Margin	37.48%	36.48%	36.20%	37.78%	40.63%	39.67%
Operating Margin	22.36%	20.75%	20.05%	24.33%	22.73%	17.68%
Profit Margin	5.09%	2.84%	1.85%	11.62%	8.13%	1.61%
Free Cash Flow Margin	4.65%	0.88%	4.43%	9.49%	5.55%	6.33%
EBITDA	58,532	52,376	48,182	59,191	41,858	27,375
EBITDA Margin	27.12%	25.72%	24.88%	28.47%	27.97%	23.95%
D&A For EBITDA	10,275	10,120	9,369	8,593	7,844	7,174
EBIT	48,257	42,256	38,813	50,598	34,014	20,201
EBIT Margin	22.36%	20.75%	20.05%	24.33%	22.73%	17.68%
Effective Tax Rate	38.01%	43.13%	57.16%	24.67%	24.28%	19.11%
Revenue as Reported	221,321	208,663	198,263	213,672	153,212	121,928

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