Norsk Hydro ASA (OSL:NHY)

Norsk Hydro ASA Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	203,636	193,619	207,929	149,654	114,291
Other Revenue	-	-	-	-1	-
Revenue	203,636	193,619	207,929	149,653	114,291
Revenue Growth (YoY)	5.17%	-6.88%	38.94%	30.94%	-23.72%
Cost of Revenue	129,349	123,538	129,373	88,843	68,953
Gross Profit	74,287	70,081	78,556	60,810	45,338
Selling, General & Admin	26,932	25,922	22,864	20,294	19,142
Other Operating Expenses	-5,032	-4,048	-3,499	-1,342	-1,180
Operating Expenses	32,031	31,268	27,958	26,796	25,137
Operating Income	42,256	38,813	50,598	34,014	20,201
Interest Expense	-2,734	-2,054	-1,090	-956	-994
Interest & Investment Income	1,601	1,302	652	263	290
Earnings From Equity Investments	-516	492	1,337	1,340	223
Currency Exchange Gain (Loss)	-5,646	-2,084	2,192	1,404	-3,800
Other Non Operating Income (Expenses)	-26,571	-25,605	-21,862	-18,108	-15,371
EBT Excluding Unusual Items	8,390	10,864	31,827	17,957	549
Impairment of Goodwill	-	-2,220	-	-	-1,129
Gain (Loss) on Sale of Investments	-	-	-33	-	-
Gain (Loss) on Sale of Assets	511	104	248	356	5,498
Asset Writedown	-39	-2,201	-336	-437	-850
Other Unusual Items	-	-	-	-	240
Pretax Income	8,862	6,547	32,365	18,397	4,804
Income Tax Expense	3,822	3,742	7,984	4,467	918
Earnings From Continuing Operations	5,040	2,805	24,381	13,930	3,886
Earnings From Discontinued Operations	-	-	36	12	-2,226
Net Income to Company	5,040	2,805	24,417	13,942	1,660
Minority Interest in Earnings	750	778	-263	-1,782	185
Net Income	5,790	3,583	24,154	12,160	1,845
Net Income to Common	5,790	3,583	24,154	12,160	1,845
Net Income Growth	61.60%	-85.17%	98.63%	559.08%	-
Shares Outstanding (Basic)	1,998	2,029	2,051	2,051	2,049
Shares Outstanding (Diluted)	1,998	2,029	2,051	2,051	2,049
Shares Change (YoY)	-1.54%	-1.06%	-0.00%	0.10%	0.08%
EPS (Basic)	2.90	1.77	11.78	5.93	0.90
EPS (Diluted)	2.90	1.77	11.78	5.93	0.90
EPS Growth	64.13%	-85.01%	98.64%	558.40%	-
Free Cash Flow	1,801	8,582	19,733	8,310	7,233
Free Cash Flow Per Share	0.90	4.23	9.62	4.05	3.53
Dividend Per Share	2.250	2.500	5.650	3.400	1.250
Dividend Growth	-10.00%	-55.75%	66.18%	172.00%	0%
Gross Margin	36.48%	36.20%	37.78%	40.63%	39.67%
Operating Margin	20.75%	20.05%	24.33%	22.73%	17.68%
Profit Margin	2.84%	1.85%	11.62%	8.13%	1.61%
Free Cash Flow Margin	0.88%	4.43%	9.49%	5.55%	6.33%
EBITDA	52,376	48,182	59,191	41,858	27,375
EBITDA Margin	25.72%	24.88%	28.47%	27.97%	23.95%
D&A For EBITDA	10,120	9,369	8,593	7,844	7,174
EBIT	42,256	38,813	50,598	34,014	20,201
EBIT Margin	20.75%	20.05%	24.33%	22.73%	17.68%
Effective Tax Rate	43.13%	57.16%	24.67%	24.28%	19.11%
Revenue as Reported	208,663	198,263	213,672	153,212	121,928

Source: S&P Capital IQ. Standard template. Financial Sources.