AKVA group (OSL: AKVA) financial statements
The consolidated income statement, balance sheet and cash flow statement of AKVA group for its last 6 fiscal years, as filed with the regulator, in millions of Norwegian kroner. At the end of fiscal 2025 it had NOK 4,146m in total assets and NOK 1,378m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Revenue | NOK 4,377m | NOK 3,518m | NOK 3,415m | NOK 3,320m | NOK 3,112m | NOK 3,159m |
| Operating profit | NOK 279.7m | NOK 255.8m | NOK 67.6m | −NOK 56.5m | NOK 69.8m | NOK 147.2m |
| Finance costs | NOK 120.5m | NOK 135.5m | NOK 117.9m | NOK 101.2m | NOK 73.5m | NOK 50.8m |
| Profit before tax | NOK 193.0m | NOK 126.0m | −NOK 29.3m | −NOK 151.9m | NOK 2.5m | NOK 121.5m |
| Income tax | NOK 10.5m | −NOK 1.2m | −NOK 10.8m | −NOK 20.8m | −NOK 8.9m | NOK 30.8m |
| Net profit | NOK 184.4m | NOK 130.2m | −NOK 17.8m | −NOK 131.2m | NOK 11.5m | NOK 90.7m |
| Earnings per share | NOK 5.07 | NOK 3.58 | −NOK 0.49 | −NOK 3.61 | NOK 0.34 | NOK 2.74 |
| Diluted earnings per share | NOK 5.07 | NOK 3.58 | −NOK 0.49 | −NOK 3.61 | NOK 0.34 | NOK 2.74 |
| Depreciation and amortisation | NOK 228.6m | NOK 196.9m | NOK 195.8m | NOK 174.9m | NOK 182.7m | NOK 190.9m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total assets | NOK 4,146m | NOK 4,054m | NOK 3,684m | NOK 3,580m | NOK 3,446m | NOK 3,227m |
| Current assets | NOK 1,558m | NOK 1,415m | NOK 1,470m | NOK 1,597m | NOK 1,515m | NOK 1,275m |
| Property, plant and equipment | — | — | — | NOK 635.2m | NOK 642.6m | NOK 749.1m |
| Goodwill | NOK 1,087m | NOK 1,104m | NOK 783.3m | NOK 747.7m | NOK 739.9m | NOK 850.9m |
| Cash | NOK 202.1m | NOK 161.2m | NOK 219.4m | NOK 278.0m | NOK 303.4m | NOK 224.9m |
| Total liabilities | NOK 2,763m | NOK 2,741m | NOK 2,531m | NOK 2,436m | NOK 2,149m | NOK 2,185m |
| Current liabilities | NOK 1,237m | NOK 1,117m | NOK 1,173m | NOK 1,275m | NOK 1,230m | NOK 883.2m |
| Equity | NOK 1,378m | NOK 1,306m | NOK 1,142m | NOK 1,144m | NOK 1,297m | NOK 1,042m |
| Equity including minorities | NOK 1,383m | NOK 1,313m | NOK 1,153m | NOK 1,144m | NOK 1,297m | NOK 1,042m |
| Minority interests | NOK 5.3m | NOK 7.2m | NOK 10.2m | NOK 0.3m | NOK 0.1m | NOK 0.2m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | NOK 474.0m | NOK 152.1m | NOK 258.2m | NOK 218.2m | NOK 60.8m | NOK 346.6m |
| Investing cash flow | −NOK 6.4m | −NOK 269.7m | −NOK 246.7m | −NOK 120.9m | −NOK 113.9m | −NOK 188.4m |
| Financing cash flow | −NOK 426.8m | NOK 59.4m | −NOK 70.1m | −NOK 125.9m | NOK 141.1m | −NOK 94.3m |
| Dividends paid | NOK 72.7m | NOK 0.0m | NOK 0.0m | NOK 36.4m | NOK 33.0m | NOK 35.0m |
Where each figure comes from
From the annual report AKVA group files every year in the European single electronic format (ESEF). The filing for each fiscal year: 2025 · 2023 · 2022 · 2021. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the AKVA group page.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.