Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Operating Income: Breakdown by Business Segment

Breakdown by Business Segment (NOK)
Fiscal Period: December 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Heavy Construction

          

Development & Construction

137M 1.07B 8.18B 2.29B 5.75B

Gross Profit

16M 106M 994M 441M 714M

EBITDA

-223M -221M 672M 184M 462M

D&A

78M 137M 65M 72M 60M

Operating Income

-301M -358M 607M 112M 402M

Electric Power By Solar Energy

          

Power Production

4.18B 4.52B 4.11B 4.71B 4.76B

Gross Profit

3.62B 3.67B 4.11B 5.5B 5.19B

EBITDA

2.95B 2.84B 3.22B 4.64B 4.23B

D&A

972M 1.92B 1.58B 1.42B 1.42B

Operating Income

1.98B 917M 1.63B 3.21B 2.81B

Unallocated Residual Ownerships Interests

1.2B 1.31B 3.16B 1.98B 1.57B

Gross Profit

1.19B 1.16B 1.27B 1.59B 1.21B

EBITDA

970M 933M 1.03B 1.36B 1.01B

D&A

330M 414M 323M 396M 347M

Operating Income

640M 519M 709M 964M 667M

Eliminations

- - - - -

Gross Profit

- - - - -

EBITDA

- - - - -

D&A

- - - - -

Operating Income

- - - - -

Elimination of Equity Consolidated Entities

-2.33B -2.8B -2.11B -2.01B -2.38B

Gross Profit

-1.01B -1.14B -1.61B -1.29B -1.76B

EBITDA

-752M -815M -1.2B -915M -1.41B

D&A

-369M -510M -939M -542M -600M

Operating Income

-383M -306M -265M -373M -808M

Other Eliminations

-439M -1.46B -9.04B -2.66B -6.13B

Gross Profit

-313M -421M -469M 267M -176M

EBITDA

-1M -113M -106M 281M -227M

D&A

-151M -162M -135M -96M -118M

Operating Income

149M 49M 29M 378M -108M

General Management Services

          

Corporate

42M 56M 50M 59M 61M

Gross Profit

42M 57M 50M 59M 61M

EBITDA

-114M -138M -162M -125M -122M

D&A

26M 29M 36M 40M 62M

Operating Income

-140M -167M -198M -165M -185M

Construction Support Services

          

Services

261M 312M 373M - -

Gross Profit

261M 312M 378M - -

EBITDA

75M 74M 118M - -

D&A

5M 6M 6M - -

Operating Income

70M 68M 112M - -

Geographical Revenue Distribution History

Geographical breakdown of sales (NOK)
Fiscal Period: December 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

South Africa

1.14B 1.11B 1.07B 1.83B 1.38B

Total Assets

3.24B 4.16B 9.55B 10.11B 11.57B

Egypt

596M 644M 657M 653M 617M

Total Assets

3.07B 3.41B 3.45B 4B 7.06B

Ukraine

303M 175M 440M 539M 494M

Total Assets

2.62B 1.92B 1.99B 2.11B 2.03B

Malaysia

348M 346M 364M 374M 394M

Total Assets

2.68B 2.73B 2.57B 2.82B 2.6B

Pakistan

- - - 74M 177M

Total Assets

108M 375M 961M 1.23B 1.04B

Jordan

143M 158M 171M 181M 172M

Total Assets

820M 905M 866M 894M 728M

Honduras

197M 200M 232M 398M 161M

Total Assets

1.36B 1.3B 1.29B 1.29B 1.09B

Czech Republic

122M 128M 150M 129M 142M

Total Assets

330M 336M 314M 290M 266M

Botswana

- - - - 50M

Total Assets

- - - 543M 980M

Total Assets

- - - 205M 912M

Other

21M 16M 26M 109M 22M

Total Assets

12M 8M 64M 203M 283M

Total Assets

- - - - -

Vietnam

70M 83M 95M 81M 16M

Total Assets

444M 454M 422M - -

Cameroon

- - 58M - -

Total Assets

- 427M - - -

Total Assets

- - - - 782M

Mozambique

83M 93M 97M - -

Total Assets

456M 558M - - -

Total Assets

- - - - -

Total Assets

- - - - -

Total Assets

- - - - -

Netherlands

- 29M 10M - -

Total Assets

256M 160M 70M - -

Rwanda

20M 23M 26M - -

Total Assets

136M 141M - - -

Germany

- - - - -

Total Assets

- - - - -

Italy

- - - - -

Total Assets

- - - - -

Total Assets

- - - - -

USA

- - - - -

Total Assets

- - - - -

Norway

- - - - -

Total Assets

348M 428M 475M 373M 438M