Company Kongsberg Gruppen ASA

Equities

KOG

NO0003043309

Aerospace & Defense

Market Closed - Oslo Bors 10:45:00 2024-04-25 am EDT 5-day change 1st Jan Change
755 NOK -2.89% Intraday chart for Kongsberg Gruppen ASA +0.87% +62.23%

Business Summary

Kongsberg Gruppen ASA specializes in the development, manufacturing and marketing of technological equipment and systems for the maritime, oil and gas, defence and aerospace industries. Net sales break down by product family as follows:

- merchant ship and offshore drilling systems (49.2%): satellite positioning, monitoring and navigation systems, process automation systems, underwater communication systems, handling equipment, etc.;

- defence and aerospace systems (39%): command and control, surveillance and reconnaissance, tactical communication, remotely operated weapon stations, long-range missile systems, avionics structures and composite materials products, etc.;

- solutions for the sustainable management of marine resources and climate change monitoring (7.9%): primarily for offshore operations, fisheries, marine research, maritime operations, ocean-based energy production;

- other (3.9%): including digital solutions for the oil, gas and maritime sectors.

Net sales are distributed geographically as follows: Norway (19.8%), Europe (31%), North America (23.9%), Asia (18.9%), Australia (3.7%), South America (1.8%) and Africa (0.9%).

Number of employees: 13,214

Sales per Business

NOK in Million2022Weight2023Weight Delta
Kongsberg Maritime
49.2 %
18,880 59.4 % 19,995 49.2 % +5.91%
Kongsberg Defence & Aerospace
39.0 %
11,830 37.2 % 15,858 39.0 % +34.05%
Kongsberg Discovery
7.9 %
- - 3,228 7.9 % -
Other
3.8 %
1,093 3.4 % 1,536 3.8 % +40.53%

Sales per region

NOK in Million2022Weight2023Weight Delta
Europe
31.0 %
8,795 27.7 % 12,586 31.0 % +43.10%
North America
23.9 %
8,263 26.0 % 9,698 23.9 % +17.37%
Norway
19.8 %
6,544 20.6 % 8,047 19.8 % +22.97%
Asia
18.8 %
6,027 19.0 % 7,647 18.8 % +26.88%
Australia
3.7 %
1,232 3.9 % 1,509 3.7 % +22.48%
South America
1.8 %
735 2.3 % 747 1.8 % +1.63%
Africa
0.9 %
207 0.7 % 383 0.9 % +85.02%

Managers

Managers TitleAgeSince
Chief Executive Officer 58 92-12-31
Director of Finance/CFO 48 23-04-13
Compliance Officer 56 -
Investor Relations Contact - -
Corporate Officer/Principal 48 20-09-10

Members of the board

Members of the board TitleAgeSince
Chairman 71 16-12-31
Director/Board Member 67 18-12-31
Director/Board Member 55 12-12-31
Director/Board Member 47 21-05-05
Director/Board Member 46 21-05-05
Director/Board Member 40 21-05-05

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 175,921,849 81,401,381 ( 46.27 %) 17,250 ( 0.009805 %) 46.27 %

Shareholders

NameEquities%Valuation
Government of Norway
50.40 %
88,663,794 50.40 % 6 159 M kr
Folketrygdfondet
5.740 %
10,097,741 5.740 % 701 M kr
Erik Must
2.525 %
4,442,609 2.525 % 309 M kr
Orkla Investeringer AS
1.738 %
3,057,077 1.738 % 212 M kr
MP Pensjon PK
1.361 %
2,394,642 1.361 % 166 M kr
2,000,000 1.137 % 139 M kr
Alfred Berg Kapitalforvaltning AS
1.085 %
1,908,182 1.085 % 133 M kr
Storebrand Asset Management AS
0.9417 %
1,656,646 0.9417 % 115 M kr
KLP Kapitalforvaltning AS
0.9071 %
1,595,773 0.9071 % 111 M kr
ODIN Forvaltning AS
0.7249 %
1,275,274 0.7249 % 89 M kr

Holdings

NameEquities%Valuation
871,834 0.50% 60,563,945 $

Company contact information

Kongsberg Gruppen ASA

Kirkegardsveien 45

3616, Kongsberg

+47 32 28 82 00

http://www.kongsberg.com
address Kongsberg Gruppen ASA(KOG)

Group companies

NameCategory and Sector
Wholesale Distributors
Kongsberg Digital Software & Services Pvt Ltd.
Financial Conglomerates
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