Financial ratios
Financial ratios
| Year | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| REVENUES | ||||||
| Operating and other revenue | MNOK | 30 530 | 31 205 | 27 868 | 27 025 | 22 612 |
| Order backlog | MNOK | 41 991 | 39 765 | 38 646 | 30 617 | 28 200 |
| Order intake | MNOK | 32 756 | 32 324 | 35 897 | 29 442 | 29 271 |
| EARNINGS | ||||||
| EBITDA | MNOK | 1 325 | 1 937 | 2 176 | 2 053 | 1 882 |
| Depreciation and write-downs | MNOK | -576 | -528 | -567 | -573 | -547 |
| Earnings before interest and tax (EBIT) | MNOK | 749 | 1 409 | 1 609 | 1 480 | 1 335 |
| Earnings before tax (EBT) | MNOK | 700 | 1 400 | 1 580 | 1 447 | 1 317 |
| Earnings after tax | MNOK | 515 | 1 151 | 1 229 | 1 158 | 1 027 |
| PROFITABILITY | ||||||
| EBITDA-margin | % | 4,3 | 6,2 | 7,8 | 7,6 | 8,3 |
| Operating margin | % | 2,5 | 4,5 | 5,8 | 5,5 | 5,9 |
| Profit margin | % | 2,3 | 4,5 | 5,7 | 5,4 | 5,8 |
| Return on equity | % | 16,4 | 34,0 | 36,1 | 36,6 | 43,7 |
| Return on average capital employed (ROaCE) | % | 15,9 | 31,6 | 36,0 | 34,8 | 38,2 |
| Economic Value Added | MNOK | 144 | 736 | 839 | 788 | 735 |
| Cash flow from operations | MNOK | 1 552 | 1 460 | 1 415 | 1 189 | 1 508 |
| BALANCE SHEET | ||||||
| Total assets | MNOK | 14 647 | 14 457 | 13 108 | 12 862 | 12 854 |
| Shareholders' Equity | MNOK | 3 203 | 3 494 | 3 572 | 3 494 | 2 999 |
| Capital employed | MNOK | 4 540 | 4 900 | 4 571 | 4 621 | 4 183 |
| Average capital employed | MNOK | 5 032 | 4 561 | 4 491 | 4 313 | 3 603 |
| Equity ratio | % | 21,9 | 24,2 | 27,3 | 27,2 | 23,3 |
| Equity ratio excluding the effect of IFRS 16 | % | 23,2 | 25,4 | 28,7 | 29,0 | 25,3 |
| Gross interest-bearing liabilities | MNOK | 1 337 | 1 406 | 999 | 1 127 | 1 184 |
| Net interest-bearing liabilities | MNOK | 641 | 329 | -29 | -90 | 163 |
| THE SHARE | ||||||
| Share price 31.12 | NOK | 124,20 | 143,80 | 193,60 | 175,60 | 176,00 |
| Number of shares | n | 108 532 000 | 107 702 000 | 106 804 500 | 105 998 497 | 103 065 277 |
| Market value | MNOK | 13 480 | 15 488 | 20 677 | 18 613 | 18 139 |
| Earnings per share | NOK | 3,73 | 8,96 | 9,60 | 9,29 | 8,51 |
| Diluted earnings per share | NOK | 3,73 | 8,96 | 9,57 | 9,27 | 8,46 |
| Dividend per share first half of the year | NOK | 3,50 | 6,50 | 6,50 | 6,50 | 6,00 |
| Dividend per share second half of the year | NOK | - | - | 4,00 | 4,00 | 3,50 |
| PERSONNEL | ||||||
| Number of salaraid workers | n | 2 578 | 2 555 | 2 580 | 2 602 | 2 628 |
| Number of skilled employees | n | 3 335 | 3 420 | 2 833 | 2 908 | 2 898 |
| Total number of employees | n | 5 913 | 5 975 | 5 413 | 5 510 | 5 536 |
| LTI-1 rate | 0,8 | 1,1 | 1,1 | 1,8 | 1,2 | |
| Absence due to illness | % | 4,1 | 4,6 | 4,6 | 4,6 | 3,8 |
| EXTERNAL ENVIRONMENT | ||||||
| Carbon footprint | 1,2 | 1,1 | 1,3 | 1,6 | 2,0 | |
| Source separation rate - building | % | 84 | 86 | 88 | 88 | 84 |
| Source separation rate - renovation | % | 87 | 89 | 90 | 87 | 90 |
| Source separation rate - demolition | % | 96 | 95 | 96 | 96 | 95 |
| Total source separation amount | Tonnes | 287 588 | 278 172 | 294 776 | 400 995 | 339 221 |
Definitions
Diluted earnings per share
Net income / total number of shares (including outstanding options)
LTI-1 rate
Lost time injury. Number of injuries causing an employee to take time off per million working hours
Source separation rate
The rate of demolition waste that can be recycled
Carbon footprint
Emissions of greenhouse gases in tons of CO2 equivalents per NOK million in turnover