HEXAGON COMPOSITES ASA financials
HEXAGON COMPOSITES ASA
Country: NO Reporting currency: NOK Latest annual report: 2024-12-31
LEI:
5967007LIEEXZXJWMW49 Financial statements
(NOK, as reported — unscaled; 117 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | NOK 4.88B | NOK 4.53B |
| Other income | NOK 14.9M | NOK 5.1M |
| Operating expenses | NOK 4.24B | NOK 4.16B |
| Employee benefits expense | NOK 1.12B | NOK 1.12B |
| Raw materials & consumables used | NOK 2.49B | NOK 2.49B |
| Operating profit (EBIT) | NOK 370.1M | NOK 145.6M |
| Net finance income / (cost) | -NOK 199.5M | -NOK 282.8M |
| Finance costs | NOK 347.6M | NOK 377.3M |
| Profit before tax | -NOK 212.7M | NOK 1.11B |
| Income tax expense | NOK 62.5M | -NOK 1.5M |
| Profit for the year | -NOK 279.1M | NOK 1.11B |
| — attributable to owners | -NOK 279.1M | NOK 1.21B |
| — attributable to NCI | NOK 0 | -NOK 97.1M |
| Total comprehensive income | -NOK 21.4M | NOK 1.11B |
| Per share | ||
| Basic EPS | NOK -1.36 | NOK 5.53 |
| Diluted EPS | NOK -1.36 | NOK 5.53 |
| Free cash flow / share | NOK -0.55 | NOK -0.20 |
| Cash flow statement | ||
| Net cash from operating activities | NOK 147.1M | NOK 383.1M |
| Net cash from investing activities | -NOK 237.2M | -NOK 354.8M |
| Purchase of PP&E (capex) | NOK 259.3M | NOK 424.0M |
| Purchase of intangibles | NOK 31.5M | NOK 43.2M |
| Net cash from financing activities | NOK 235.7M | NOK 429.5M |
| Lease liability payments | NOK 61.8M | NOK 71.4M |
| Net change in cash | NOK 145.6M | NOK 457.8M |
| Balance sheet | ||
| Total assets | NOK 7.08B | NOK 6.43B |
| Non-current assets | NOK 4.63B | NOK 4.47B |
| Property, plant & equipment | NOK 940.9M | NOK 947.9M |
| Right-of-use assets | NOK 502.2M | NOK 365.6M |
| Intangible assets & goodwill | NOK 1.93B | NOK 1.79B |
| Current assets | NOK 2.45B | NOK 1.96B |
| Inventories | NOK 1.19B | NOK 1.11B |
| Trade & other receivables | NOK 742.9M | NOK 551.4M |
| Cash & equivalents | NOK 302.3M | NOK 154.3M |
| Total equity | NOK 3.53B | NOK 3.21B |
| — attributable to owners | NOK 3.53B | NOK 3.21B |
| Non-controlling interests | NOK 0 | NOK 0 |
| Non-current liabilities | NOK 2.27B | NOK 528.5M |
| Long-term borrowings | NOK 1.09B | NOK 0 |
| Lease liabilities (non-current) | NOK 541.1M | NOK 387.3M |
| Current liabilities | NOK 1.28B | NOK 2.69B |
| Short-term borrowings | NOK 201.5M | NOK 1.11B |
| Lease liabilities (current) | NOK 60.5M | NOK 61.9M |
| Deferred tax liabilities | NOK 163.8M | NOK 131.0M |
| Derived metrics | ||
| Free cash flow | -NOK 112.2M | -NOK 41.0M |
| Operating margin | 7.6% | 3.2% |
| Net margin | -5.7% | 24.5% |
| Return on equity | -7.9% | 34.5% |
| Cash conversion ratio | -0.53× | 0.35× |
| Capex coverage | 0.57× | 0.90× |
| Other reported items | ||
| Additional Paidin Capital | NOK 226.7M | NOK 180.7M |
| Adjustments For Gain Loss On Disposal of Investments In Subsidiaries Joint Ventures and Associates | NOK 675.2M | NOK 2.35B |
| Adjustments For Gains Losses On Change In Fair Value of Derivatives | -NOK 268.0M | -NOK 163.1M |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | -NOK 103.0K | NOK 419.0K |
| Adjustments For Interest Expense | NOK 182.7M | NOK 221.8M |
| Adjustments For Interest Income | NOK 21.6M | NOK 32.0M |
| Adjustments For Sharebased Payments | NOK 46.0M | NOK 57.9M |
| Adjustments For Undistributed Profits of Associates | -NOK 521.0M | -NOK 176.6M |
| Basic Earnings Loss Per Share From Continuing Operations | NOK -4.73 | NOK -5.06 |
| Cash Advances and Loans Made To Related Parties | NOK 174.0M | NOK 73.3M |
| Cash and Cash Equivalents In Subsidiary Or Businesses Acquired Or Disposed2013 | -NOK 23.9M | -NOK 973.4M |
| Cash Flows From Used In Financing Activities Continuing Operations | NOK 208.7M | -NOK 844.8M |
| Cash Flows From Used In Investing Activities Continuing Operations | -NOK 216.5M | NOK 66.1M |
| Cash Flows From Used In Operating Activities Continuing Operations | NOK 177.2M | NOK 640.5M |
| Comprehensive Income Attributable To Noncontrolling Interests | NOK 0 | -NOK 63.6M |
| Comprehensive Income Attributable To Owners of Parent | -NOK 21.4M | NOK 1.17B |
| Current Contract Liabilities | NOK 164.3M | NOK 332.7M |
| Current Tax Liabilities Current | NOK 6.1M | NOK 65.8M |
| Deferred Tax Assets | NOK 33.2M | NOK 19.0M |
| Diluted Earnings Loss Per Share From Continuing Operations | NOK -4.73 | NOK -5.06 |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | NOK 26.2M | -NOK 43.6M |
| Equity and Liabilities | NOK 7.08B | NOK 6.43B |
| Finance Income | NOK 148.1M | NOK 94.6M |
| Gains Losses On Exchange Differences On Translation Net of Tax | NOK 200.1M | NOK 141.6M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | NOK 0 | -NOK 404.0K |
| Income Taxes Paid Refund Classified As Operating Activities | NOK 60.4M | NOK 94.8M |
| Increase Decrease In Working Capital | NOK 612.8M | -NOK 88.4M |
| Increase Decrease Through Sharebased Payment Transactions | NOK 46.0M | NOK 57.9M |
| Increase Decrease Through Treasury Share Transactions | NOK 3.5M | -NOK 63.7M |
| Interest Received Classified As Investing Activities | NOK 21.6M | NOK 32.0M |
| Investments In Associates Accounted For Using Equity Method | NOK 1.01B | NOK 1.23B |
| Issue of Convertible Instruments | — | NOK 278.4M |
| Issued Capital | NOK 21.0M | NOK 20.2M |
| Liabilities | NOK 3.54B | NOK 3.21B |
| Noncurrent Recognised Liabilities Defined Benefit Plan | NOK 422.0K | NOK 1.6M |
| Other Comprehensive Income | NOK 257.7M | NOK 308.0K |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | NOK 0 | -NOK 1.8M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | NOK 257.7M | NOK 1.7M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | NOK 0 | -NOK 1.4M |
| Other Current Assets | NOK 88.3M | NOK 140.8M |
| Other Current Financial Assets | NOK 120.0M | NOK 0 |
| Other Current Financial Liabilities | NOK 62.8M | NOK 376.9M |
| Other Current Liabilities | NOK 294.1M | NOK 287.8M |
| Other Expense By Nature | NOK 622.1M | NOK 549.8M |
| Other Longterm Provisions | NOK 19.3M | NOK 8.6M |
| Other Noncurrent Financial Assets | NOK 220.2M | NOK 127.9M |
| Other Noncurrent Financial Liabilities | NOK 451.7M | NOK 0 |
| Other Shortterm Provisions | NOK 98.0M | NOK 68.0M |
| Payments To Acquire Or Redeem Entitys Shares | NOK 0 | NOK 63.7M |
| Proceeds From Contributions of Noncontrolling Interests | NOK 0 | NOK 576.2M |
| Proceeds From Current Borrowings | NOK 810.2M | NOK 0 |
| Proceeds From Noncurrent Borrowings | NOK 0 | NOK 776.9M |
| Proceeds From Sales of Interests In Associates | NOK 0 | NOK 274.0M |
| Profit Loss From Continuing Operations | -NOK 968.7M | -NOK 1.01B |
| Profit Loss From Discontinued Operations | NOK 689.5M | NOK 2.12B |
| Purchase of Investments Other Than Investments Accounted For Using Equity Method | NOK 5.0M | NOK 5.0M |
| Reclassification Adjustments On Exchange Differences On Translation Net of Tax | -NOK 10.7M | NOK 118.3M |
| Rental Income | NOK 5.3M | NOK 4.4M |
| Repayments of Current Borrowings | NOK 621.3M | NOK 222.4M |
| Repayments of Noncurrent Borrowings | NOK 0 | NOK 365.4M |
| Restricted Cash and Cash Equivalents | NOK 2.2M | NOK 9.8M |
| Revenue From Contracts With Customers | NOK 4.86B | NOK 4.52B |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | NOK 47.0M | -NOK 21.6M |
| Share of Profit Loss of Associates Accounted For Using Equity Method | -NOK 521.0M | -NOK 176.6M |
| Share Premium | NOK 996.2M | NOK 706.5M |
| Trade and Other Current Payables To Trade Suppliers | NOK 389.3M | NOK 384.0M |
| Treasury Shares | NOK 40.0K | NOK 138.0K |
| Undrawn Borrowing Facilities | NOK 898.5M | NOK 588.7M |
Methodology
Every line item above is a fact tagged in HEXAGON COMPOSITES ASA's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (NOK), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.