SalMar ASA (OSL:SALM)
Norway · Delayed Price · Currency is NOK 587.50
+2.00 (0.34%)
Nov 13, 2026, 4:27 PM CET
SalMar ASA Cash Flow Statement
Financials in millions NOK. Fiscal year is January - December.
Millions NOK. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Net Income | 3,279 | 1,105 | 2,969 | 3,203 | 3,312 | 2,617 |
Depreciation & Amortization | 2,157 | 1,946 | 1,691 | 1,419 | 1,001 | 803.14 |
Loss (Gain) From Sale of Assets | 10 | 10 | -199 | -31 | - | 1.12 |
Asset Writedown & Restructuring Costs | 11 | 8 | 68 | 33 | 36.64 | 3.54 |
Loss (Gain) From Sale of Investments | -232 | -42 | - | - | - | -12.91 |
Loss (Gain) on Equity Investments | -93 | -127 | -122 | 27 | -157.21 | -94.88 |
Stock-Based Compensation | 67 | 67 | 77 | 48 | 54.27 | 55.53 |
Other Operating Activities | 2,741 | 336 | 2,049 | 4,331 | 766.57 | -204.84 |
Change in Accounts Receivable | 178 | 178 | -52 | -32 | -158.78 | -334.09 |
Change in Inventory | -193 | -193 | -972 | -904 | -1,104 | -225.52 |
Change in Accounts Payable | -293 | -293 | 112 | 621 | 44.18 | 203.9 |
Change in Other Net Operating Assets | 743 | 265 | -240 | 105 | 412.09 | 96.65 |
Operating Cash Flow | 8,375 | 3,260 | 5,381 | 9,294 | 4,592 | 2,908 |
Operating Cash Flow Growth | 176.77% | -39.42% | -42.10% | 102.40% | 57.88% | -8.51% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Capital Expenditures | -1,156 | -1,825 | -1,790 | -2,269 | -2,265 | -2,126 |
Sale of Property, Plant & Equipment | 16 | 16 | 59 | 4 | 104.47 | 7.08 |
Cash Acquisitions | -69 | -356 | - | - | -2,092 | -326.8 |
Divestitures | 5 | - | 259 | 4,454 | 1,860 | 47.58 |
Sale (Purchase) of Intangibles | -125 | -125 | -792 | -84 | -189.88 | -98.03 |
Investment in Securities | 28 | 58 | 68 | 45 | - | -312.75 |
Other Investing Activities | 51 | 226 | 29 | -361 | -72.95 | 3.54 |
Investing Cash Flow | -1,250 | -2,006 | -2,167 | 1,775 | -2,633 | -2,827 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Short-Term Debt Issued | - | 711 | 525 | 714 | - | - |
Long-Term Debt Issued | - | 3,777 | 3,724 | 7,788 | 11,605 | 3,760 |
Total Debt Issued | -484 | 4,488 | 4,249 | 8,502 | 11,605 | 3,760 |
Short-Term Debt Repaid | - | - | - | - | -127.92 | -703.96 |
Long-Term Debt Repaid | - | -910 | -906 | -16,769 | -4,687 | -3,337 |
Lease Payments | -603 | -516 | -409 | -321 | -229.33 | -198.44 |
Total Debt Repaid | -3,956 | -910 | -906 | -16,769 | -4,815 | -4,041 |
Net Debt Issued (Repaid) | -4,440 | 3,578 | 3,343 | -8,267 | 6,789 | -280.48 |
Issuance of Common Stock | - | - | - | - | 7.15 | 2,682 |
Repurchase of Common Stock | -56 | -50 | - | - | - | -16.04 |
Common Dividends Paid | -1,340 | -2,941 | -4,611 | -2,748 | -2,354 | -2,261 |
Other Financing Activities | -1,503 | -1,579 | -2,217 | -1,974 | -4,278 | 478.38 |
Financing Cash Flow | -7,339 | -992 | -3,485 | -12,989 | 164.24 | 602.32 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | -7 | -21 | 4 | -7 | 6.9 | -5.63 |
Miscellaneous Cash Flow Adjustments | - | - | - | -1 | - | -0 |
Net Cash Flow | -221 | 241 | -267 | -1,928 | 2,130 | 678.2 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 7,219 | 1,435 | 3,591 | 7,025 | 2,327 | 782.16 |
Free Cash Flow Growth | 326.40% | -60.04% | -48.88% | 201.91% | 197.49% | -46.03% |
Free Cash Flow Margin | 23.41% | 5.25% | 13.64% | 25.19% | 11.64% | 5.23% |
Free Cash Flow Per Share | 53.02 | 10.69 | 27.20 | 53.37 | 19.39 | 6.75 |
Levered Free Cash Flow | 4,926 | -1,224 | 1,483 | 8,094 | -6,191 | -35.6 |
Unlevered Free Cash Flow | 5,811 | -314 | 2,269 | 8,858 | -5,963 | 79.8 |
Free Cash Flow After Leases | 6,616 | 919 | 3,182 | 6,704 | 2,098 | 583.73 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Cash Interest Paid | 1,435 | 1,418 | 1,163 | 1,247 | 280.06 | 161.79 |
Cash Income Tax Paid | 118 | 2,171 | 355 | 608 | 551.63 | 548.95 |
Change in Working Capital | 435 | -43 | -1,152 | -210 | -806.44 | -259.06 |