AF Gruppen ASA (OSL:AFG)

AF Gruppen ASA Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2,987	2,391	1,033	347	765	680
Cash & Short-Term Investments	2,987	2,391	1,033	347	765	680
Cash Growth	188.04%	131.46%	197.69%	-54.64%	12.50%	-3.96%
Accounts Receivable	4,925	4,915	4,245	4,937	5,361	4,471
Other Receivables	-	34	102	33	13	56
Receivables	4,955	4,975	4,384	5,002	5,418	4,592
Inventory	306	381	761	633	459	249
Prepaid Expenses	-	193	333	191	144	68
Other Current Assets	29	72	41	68	41	29
Total Current Assets	8,277	8,012	6,552	6,241	6,827	5,618
Property, Plant & Equipment	2,982	2,993	2,621	2,776	2,321	2,217
Long-Term Investments	639	676	636	565	490	639
Goodwill	4,693	4,718	4,609	4,531	4,455	4,329
Other Intangible Assets	6	8	9	8	6	6
Long-Term Deferred Tax Assets	291	277	197	167	76	7
Other Long-Term Assets	42	43	38	42	14	10
Total Assets	17,314	17,092	15,003	14,647	14,457	13,108

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	7,728	3,802	3,735	4,182	4,171	3,353
Accrued Expenses	-	4,087	3,008	2,885	2,252	2,644
Short-Term Debt	4	10	188	233	433	54
Current Portion of Leases	325	357	315	345	290	301
Current Income Taxes Payable	181	126	93	247	416	232
Current Unearned Revenue	1,378	1,642	1,698	1,389	1,546	959
Other Current Liabilities	927	973	941	825	605	650
Total Current Liabilities	10,543	10,997	9,978	10,106	9,713	8,193
Long-Term Debt	41	37	96	93	75	90
Long-Term Leases	1,133	1,103	712	666	607	554
Pension & Post-Retirement Benefits	7	7	7	8	3	6
Long-Term Deferred Tax Liabilities	902	883	600	441	445	585
Other Long-Term Liabilities	133	117	122	130	121	108
Total Liabilities	12,759	13,144	11,515	11,444	10,964	9,536

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1,051	5	5	5	5	5
Additional Paid-In Capital	-	560	941	810	677	501
Retained Earnings	2,419	2,232	1,665	1,487	1,949	2,174
Comprehensive Income & Other	54	103	-5	21	-56	-26
Total Common Equity	3,524	2,900	2,606	2,323	2,575	2,654
Minority Interest	1,031	1,048	882	880	918	918
Shareholders' Equity	4,555	3,948	3,488	3,203	3,493	3,572
Total Liabilities & Equity	17,314	17,092	15,003	14,647	14,457	13,108

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	1,503	1,507	1,311	1,337	1,405	999
Net Cash (Debt)	1,484	884	-278	-990	-640	-319
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	13.45	8.03	-2.56	-9.19	-5.99	-3.00
Filing Date Shares Outstanding	113.64	110.06	109.29	108.53	107.7	106.8
Total Common Shares Outstanding	113.64	110.06	109.29	108.53	107.7	106.8
Working Capital	-2,266	-2,985	-3,426	-3,865	-2,886	-2,575
Book Value Per Share	31.01	26.35	23.84	21.40	23.91	24.85
Tangible Book Value	-1,175	-1,826	-2,012	-2,216	-1,886	-1,681
Tangible Book Value Per Share	-10.34	-16.59	-18.41	-20.42	-17.51	-15.74
Buildings	-	1,092	1,075	1,089	1,013	1,046
Machinery	-	2,298	2,127	1,992	1,568	1,378

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 19, 2026

Data Sources Report a data error