Salmar (OSL: SALM) financial statements
The consolidated income statement, balance sheet and cash flow statement of Salmar 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 57,946m in total assets and NOK 17,745m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Revenue | NOK 27,394m | NOK 26,426m | NOK 28,219m | NOK 20,158m | NOK 15,044m | NOK 12,912m |
| Cost of sales | NOK 14,122m | NOK 12,728m | NOK 12,880m | — | — | — |
| Operating profit | NOK 2,916m | NOK 5,292m | NOK 8,509m | NOK 4,738m | NOK 3,451m | NOK 2,828m |
| Profit before tax | NOK 1,691m | NOK 4,201m | — | — | NOK 3,387m | NOK 2,572m |
| Income tax | NOK 571.0m | NOK 1,096m | NOK 4,534m | NOK 954.0m | NOK 718.8m | NOK 563.4m |
| Net profit | NOK 1,105m | NOK 2,969m | NOK 3,203m | NOK 3,312m | NOK 2,617m | NOK 1,979m |
| Earnings per share | NOK 8.25 | NOK 22.53 | NOK 24.36 | NOK 27.64 | NOK 22.61 | NOK 17.52 |
| Diluted earnings per share | NOK 8.24 | NOK 22.49 | NOK 24.33 | NOK 27.60 | NOK 22.57 | NOK 17.49 |
| Depreciation and amortisation | NOK 1,945m | NOK 1,691m | NOK 1,419m | NOK 1,001m | NOK 803.1m | NOK 781.0m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total assets | NOK 57,946m | NOK 54,433m | NOK 53,331m | NOK 62,501m | NOK 28,085m | NOK 21,998m |
| Current assets | NOK 18,749m | NOK 17,924m | NOK 17,798m | NOK 17,474m | NOK 10,244m | NOK 7,918m |
| Inventories | NOK 1,232m | NOK 1,276m | NOK 1,230m | NOK 929.9m | NOK 647.2m | NOK 681.0m |
| Property, plant and equipment | NOK 12,944m | NOK 12,458m | NOK 12,371m | NOK 11,131m | NOK 7,133m | NOK 5,554m |
| Goodwill | NOK 3,790m | NOK 3,019m | NOK 3,011m | NOK 3,000m | NOK 752.1m | NOK 441.1m |
| Cash | NOK 759.0m | NOK 518.0m | NOK 785.3m | NOK 2,713m | NOK 901.6m | NOK 223.4m |
| Total liabilities | NOK 37,798m | NOK 34,194m | NOK 30,252m | NOK 38,346m | NOK 12,602m | NOK 11,011m |
| Current liabilities | NOK 9,160m | NOK 10,343m | NOK 9,793m | NOK 11,286m | NOK 4,686m | NOK 4,736m |
| Equity | NOK 17,745m | NOK 17,927m | NOK 19,901m | NOK 19,356m | NOK 13,230m | NOK 9,851m |
| Equity including minorities | NOK 20,148m | NOK 20,240m | NOK 23,079m | NOK 24,155m | NOK 15,483m | NOK 10,987m |
| Minority interests | NOK 2,403m | NOK 2,313m | NOK 3,178m | NOK 4,799m | NOK 2,253m | NOK 1,136m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | NOK 3,260m | NOK 5,381m | NOK 8,975m | NOK 4,222m | NOK 2,908m | NOK 3,179m |
| Investing cash flow | −NOK 2,006m | −NOK 2,167m | NOK 1,775m | −NOK 2,633m | −NOK 2,827m | −NOK 3,747m |
| Financing cash flow | −NOK 992.0m | −NOK 3,485m | −NOK 12,989m | NOK 164.2m | NOK 602.3m | NOK 553.6m |
| Capital expenditure | NOK 1,825m | NOK 1,790m | NOK 2,269m | NOK 2,265m | NOK 2,126m | NOK 1,730m |
| Dividends paid | NOK 3,024m | NOK 4,682m | NOK 2,748m | NOK 2,405m | NOK 2,271m | NOK 1,493m |
Where each figure comes from
From the annual report Salmar files every year in the European single electronic format (ESEF). The filing for each fiscal year: 2025 · 2024 · 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 Salmar 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.