AF Gruppen ASA (OSL:AFG)

AF Gruppen ASA Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	30,164	30,222	30,156	30,970	27,751	26,944
Other Revenue	362	362	288	167	81	46
Revenue	30,526	30,584	30,444	31,137	27,832	26,990
Revenue Growth (YoY)	0.95%	0.46%	-2.23%	11.88%	3.12%	19.61%
Cost of Revenue	20,098	20,333	20,905	21,900	19,073	18,753
Gross Profit	10,428	10,251	9,539	9,237	8,759	8,237
Selling, General & Admin	7,053	6,987	6,615	6,162	5,728	4,880
Other Operating Expenses	1,579	1,523	1,632	1,326	1,053	1,610
Operating Expenses	9,355	9,207	8,804	8,016	7,347	7,063
Operating Income	1,073	1,044	735	1,221	1,412	1,174
Interest Expense	-107	-112	-99	-43	-37	-54
Interest & Investment Income	59	58	42	20	23	23
Earnings From Equity Investments	28	33	-31	134	101	216
Currency Exchange Gain (Loss)	-14	-14	-	7	-24	1
Other Non Operating Income (Expenses)	-	1	-1	-	-1	-
EBT Excluding Unusual Items	1,039	1,010	646	1,339	1,474	1,360
Impairment of Goodwill	-	-	-20	-	-	-
Gain (Loss) on Sale of Investments	14	14	20	10	35	-
Gain (Loss) on Sale of Assets	65	65	53	50	71	87
Asset Writedown	-4	-4	-	-	-	-
Pretax Income	1,114	1,085	699	1,399	1,580	1,447
Income Tax Expense	261	251	185	248	351	289
Earnings From Continuing Operations	853	834	514	1,151	1,229	1,158
Minority Interest in Earnings	-147	-126	-112	-193	-210	-187
Net Income	706	708	402	958	1,019	971
Net Income to Common	706	708	402	958	1,019	971
Net Income Growth	29.30%	76.12%	-58.04%	-5.99%	4.94%	13.70%
Shares Outstanding (Basic)	109	109	108	107	106	105
Shares Outstanding (Diluted)	109	109	108	107	106	105
Shares Change (YoY)	-0.96%	0.76%	0.81%	0.41%	1.68%	3.69%
EPS (Basic)	6.49	6.52	3.73	8.96	9.61	9.29
EPS (Diluted)	6.49	6.52	3.73	8.96	9.57	9.27
EPS Growth	30.56%	74.80%	-58.37%	-6.37%	3.24%	9.57%
Free Cash Flow	2,164	1,962	1,017	1,169	1,208	970
Free Cash Flow Per Share	19.88	18.07	9.44	10.94	11.35	9.26
Dividend Per Share	5.000	5.000	3.500	10.500	10.500	10.000
Dividend Growth	42.86%	42.86%	-66.67%	-	5.00%	5.26%
Gross Margin	34.16%	33.52%	31.33%	29.67%	31.47%	30.52%
Operating Margin	3.52%	3.41%	2.41%	3.92%	5.07%	4.35%
Profit Margin	2.31%	2.31%	1.32%	3.08%	3.66%	3.60%
Free Cash Flow Margin	7.09%	6.42%	3.34%	3.75%	4.34%	3.59%
EBITDA	1,409	1,351	975	1,749	1,979	1,747
EBITDA Margin	4.62%	4.42%	3.20%	5.62%	7.11%	6.47%
D&A For EBITDA	336	307	240	528	567	573
EBIT	1,073	1,044	735	1,221	1,412	1,174
EBIT Margin	3.52%	3.41%	2.41%	3.92%	5.07%	4.35%
Effective Tax Rate	23.43%	23.13%	26.47%	17.73%	22.21%	19.97%
Revenue as Reported	30,638	30,638	30,530	31,205	27,868	27,025

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.