Norsk Hydro 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	207,971	203,636	193,619	207,929	149,654
Other Revenue	-	-	-	-	-1
Revenue	207,971	203,636	193,619	207,929	149,653
Revenue Growth (YoY)	2.13%	5.17%	-6.88%	38.94%	30.94%
Cost of Revenue	133,116	129,349	123,538	129,373	88,843
Gross Profit	74,855	74,287	70,081	78,556	60,810
Selling, General & Admin	27,991	26,960	25,922	22,864	20,294
Other Operating Expenses	-4,682	-5,032	-4,048	-3,499	-1,342
Operating Expenses	33,637	32,059	31,268	27,958	26,796
Operating Income	41,218	42,228	38,813	50,598	34,014
Interest Expense	-2,357	-2,734	-2,054	-1,090	-956
Interest & Investment Income	1,072	1,601	1,302	652	263
Earnings From Equity Investments	121	-516	492	1,337	1,340
Currency Exchange Gain (Loss)	1,007	-5,646	-2,084	2,192	1,404
Other Non Operating Income (Expenses)	-26,699	-26,543	-25,605	-21,862	-18,108
EBT Excluding Unusual Items	14,362	8,390	10,864	31,827	17,957
Impairment of Goodwill	-	-	-2,220	-	-
Gain (Loss) on Sale of Investments	-	-	-	-33	-
Gain (Loss) on Sale of Assets	507	511	104	248	356
Asset Writedown	-1,148	-39	-2,201	-336	-437
Pretax Income	13,721	8,862	6,547	32,365	18,397
Income Tax Expense	5,417	3,822	3,742	7,984	4,467
Earnings From Continuing Operations	8,304	5,040	2,805	24,381	13,930
Earnings From Discontinued Operations	-	-	-	36	12
Net Income to Company	8,304	5,040	2,805	24,417	13,942
Minority Interest in Earnings	-1,587	750	778	-263	-1,782
Net Income	6,717	5,790	3,583	24,154	12,160
Net Income to Common	6,717	5,790	3,583	24,154	12,160
Net Income Growth	16.01%	61.60%	-85.17%	98.63%	559.08%
Shares Outstanding (Basic)	1,970	1,998	2,029	2,051	2,051
Shares Outstanding (Diluted)	1,970	1,998	2,029	2,051	2,051
Shares Change (YoY)	-1.39%	-1.54%	-1.06%	-0.00%	0.10%
EPS (Basic)	3.41	2.90	1.77	11.78	5.93
EPS (Diluted)	3.41	2.90	1.77	11.78	5.93
EPS Growth	17.64%	64.13%	-85.01%	98.64%	558.40%
Free Cash Flow	11,729	1,801	8,582	19,733	8,310
Free Cash Flow Per Share	5.95	0.90	4.23	9.62	4.05
Dividend Per Share	3.000	2.250	2.500	5.650	3.400
Dividend Growth	33.33%	-10.00%	-55.75%	66.18%	172.00%
Gross Margin	35.99%	36.48%	36.20%	37.78%	40.63%
Operating Margin	19.82%	20.74%	20.05%	24.33%	22.73%
Profit Margin	3.23%	2.84%	1.85%	11.62%	8.13%
Free Cash Flow Margin	5.64%	0.88%	4.43%	9.49%	5.55%
EBITDA	51,454	52,348	48,182	59,191	41,858
EBITDA Margin	24.74%	25.71%	24.88%	28.47%	27.97%
D&A For EBITDA	10,236	10,120	9,369	8,593	7,844
EBIT	41,218	42,228	38,813	50,598	34,014
EBIT Margin	19.82%	20.74%	20.05%	24.33%	22.73%
Effective Tax Rate	39.48%	43.13%	57.16%	24.67%	24.28%
Revenue as Reported	213,281	208,663	198,263	213,672	153,212

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