NORBIT ASA financials

NORBIT ASA

Country: NO Reporting currency: NOK Latest annual report: 2024-12-31
LEI: 254900C08RCMXVZYFY97
Source filing ↗
Financial statements (NOK, as reported — unscaled; 85 line items across 2 annual periods)
Line item 20242023
Income statement
Revenue NOK 1.75BNOK 1.52B
Employee benefits expense NOK 416.3MNOK 360.3M
Raw materials & consumables used NOK 704.6MNOK 614.7M
Operating profit (EBIT) NOK 341.7MNOK 284.2M
Net finance income / (cost) -NOK 23.4M-NOK 38.1M
Finance costs NOK 61.5MNOK 41.3M
Profit before tax NOK 318.3MNOK 246.0M
Income tax expense NOK 75.0MNOK 60.8M
Profit for the year NOK 243.3MNOK 185.3M
— attributable to owners NOK 243.3MNOK 185.3M
— attributable to NCI NOK 0NOK 0
Total comprehensive income NOK 243.8MNOK 189.3M
Per share
Basic EPS NOK 3.94NOK 3.11
Diluted EPS NOK 3.93NOK 3.10
Free cash flow / share NOK 6.32NOK 5.02
Cash flow statement
Net cash from operating activities NOK 430.9MNOK 345.7M
Net cash from investing activities -NOK 558.4M-NOK 149.0M
Purchase of PP&E (capex) NOK 39.8MNOK 46.3M
Purchase of intangibles NOK 104.8MNOK 60.2M
Net cash from financing activities NOK 260.1M-NOK 177.7M
Dividends paid NOK 152.9MNOK 41.6M
Proceeds from borrowings NOK 446.1MNOK 126.3M
Repayments of borrowings NOK 191.6MNOK 135.3M
Lease liability payments NOK 22.3MNOK 13.1M
Balance sheet
Total assets NOK 2.18BNOK 1.50B
Non-current assets NOK 1.22BNOK 655.2M
Property, plant & equipment NOK 180.9MNOK 166.3M
Right-of-use assets NOK 93.1MNOK 54.2M
Intangible assets & goodwill NOK 497.4MNOK 111.1M
Current assets NOK 967.8MNOK 841.1M
Inventories NOK 434.7MNOK 562.0M
Trade & other receivables NOK 273.4MNOK 170.3M
Cash & equivalents NOK 193.3MNOK 60.7M
Total equity NOK 1.16BNOK 793.4M
— attributable to owners NOK 1.16BNOK 793.4M
Non-controlling interests NOK 0NOK 0
Non-current liabilities NOK 551.4MNOK 171.9M
Long-term borrowings NOK 447.2MNOK 122.6M
Lease liabilities (non-current) NOK 74.4MNOK 37.5M
Current liabilities NOK 475.4MNOK 531.1M
Short-term borrowings NOK 0NOK 88.9M
Lease liabilities (current) NOK 20.9MNOK 17.2M
Deferred tax liabilities NOK 29.0MNOK 3.1M
Derived metrics
Free cash flow NOK 391.1MNOK 299.4M
Operating margin 19.5%18.7%
Net margin 13.9%12.2%
Return on equity 21.0%23.4%
Cash conversion ratio 1.77×1.87×
Capex coverage 10.83×7.47×
Other reported items
Adjusted Weighted Average Shares 61.9M59.7M
Adjustments For Decrease Increase In Inventories NOK 133.9M-NOK 125.4M
Adjustments For Decrease Increase In Trade Account Receivable -NOK 80.6MNOK 1.7M
Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss NOK 132.3MNOK 107.7M
Adjustments For Income Tax Expense NOK 75.0MNOK 60.8M
Adjustments For Increase Decrease In Trade Account Payable -NOK 29.0MNOK 40.4M
Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method -NOK 200.0KNOK 0
Comprehensive Income Attributable To Noncontrolling Interests NOK 0NOK 0
Comprehensive Income Attributable To Owners of Parent NOK 243.8MNOK 189.3M
Current Tax Liabilities Current NOK 81.5MNOK 58.7M
Deferred Tax Assets NOK 13.5MNOK 13.9M
Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss NOK 128.9MNOK 107.7M
Equity and Liabilities NOK 2.18BNOK 1.50B
Fair Value of Investments In Equity Instruments Designated As Measured At Fair Value Through Other Comprehensive Income NOK 12.1MNOK 5.9M
Finance Income NOK 38.3MNOK 3.2M
Gains Losses On Exchange Differences On Translation Net of Tax NOK 400.0KNOK 4.0M
Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss NOK 3.4MNOK 0
Income Taxes Paid Refund NOK 71.1MNOK 19.9M
Increase Decrease In Cash and Cash Equivalents NOK 132.6MNOK 19.0M
Increase Decrease Through Transactions With Owners NOK 120.2MNOK 4.8M
Intangible Assets Other Than Goodwill NOK 418.9MNOK 303.2M
Investment Accounted For Using Equity Method NOK 500.0KNOK 700.0K
Issue of Equity NOK 278.1MNOK 47.9M
Issued Capital NOK 6.4MNOK 6.0M
Liabilities NOK 1.03BNOK 702.9M
Miscellaneous Other Operating Expense NOK 156.4MNOK 152.2M
Other Comprehensive Income NOK 400.0KNOK 4.0M
Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments NOK 0NOK 0
Other Current Liabilities NOK 227.1MNOK 191.8M
Other Noncurrent Liabilities NOK 800.0KNOK 8.7M
Proceeds From Issuing Other Equity Instruments NOK 205.8MNOK 8.1M
Purchase of Treasury Shares NOK 5.0MNOK 1.4M
Retained Earnings NOK 505.5MNOK 419.7M
Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method -NOK 200.0KNOK 0
Trade and Other Current Payables To Trade Suppliers NOK 145.9MNOK 174.5M
Weighted Average Shares 61.7M59.6M
Methodology

Every line item above is a fact tagged in NORBIT 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.