Norsk Hydro ASA financials
Norsk Hydro ASA
Country: NO Reporting currency: NOK Latest annual report: 2024-12-31
LEI:
549300N1SDN71ZZ8BO45 Financial statements
(NOK, as reported — unscaled; 117 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | NOK 203.64B | NOK 193.62B |
| Other income | NOK 5.54B | NOK 4.15B |
| Employee benefits expense | NOK 26.95B | NOK 25.93B |
| Raw materials & consumables used | NOK 129.35B | NOK 123.54B |
| Depreciation & amortisation | NOK 10.13B | NOK 9.39B |
| Operating profit (EBIT) | NOK 16.49B | NOK 9.59B |
| Net finance income / (cost) | -NOK 7.63B | -NOK 3.05B |
| Finance costs | NOK 3.58B | NOK 2.26B |
| Profit before tax | NOK 8.86B | NOK 6.55B |
| Income tax expense | NOK 3.82B | NOK 3.74B |
| Profit for the year | NOK 5.04B | NOK 2.80B |
| — attributable to owners | NOK 5.79B | NOK 3.58B |
| — attributable to NCI | -NOK 750.0M | -NOK 778.0M |
| Total comprehensive income | NOK 6.31B | NOK 7.27B |
| Per share | ||
| Basic EPS | NOK 2.90 | NOK 1.77 |
| Free cash flow / share | NOK 1.04 | NOK 5.42 |
| Cash flow statement | ||
| Net cash from operating activities | NOK 15.36B | NOK 22.22B |
| Net cash from investing activities | -NOK 12.92B | -NOK 20.76B |
| Purchase of PP&E (capex) | NOK 13.55B | NOK 13.64B |
| Net cash from financing activities | -NOK 12.56B | -NOK 6.70B |
| Dividends paid | NOK 5.01B | NOK 12.57B |
| Proceeds from borrowings | NOK 4.73B | NOK 9.24B |
| Repayments of borrowings | NOK 8.71B | NOK 9.75B |
| Balance sheet | ||
| Total assets | NOK 207.37B | NOK 206.46B |
| Non-current assets | NOK 131.75B | NOK 122.76B |
| Property, plant & equipment | NOK 77.94B | NOK 74.98B |
| Intangible assets & goodwill | NOK 8.44B | NOK 8.45B |
| Current assets | NOK 75.63B | NOK 80.01B |
| Inventories | NOK 28.19B | NOK 25.45B |
| Trade & other receivables | NOK 28.51B | NOK 25.40B |
| Cash & equivalents | NOK 15.05B | NOK 24.62B |
| Total equity | NOK 107.45B | NOK 107.18B |
| — attributable to owners | NOK 101.46B | NOK 100.58B |
| Non-controlling interests | NOK 5.99B | NOK 6.60B |
| Non-current liabilities | NOK 50.51B | NOK 55.24B |
| Long-term borrowings | NOK 23.15B | NOK 28.98B |
| Current liabilities | NOK 49.41B | NOK 43.89B |
| Short-term borrowings | NOK 11.60B | NOK 7.11B |
| Trade & other payables | NOK 26.98B | NOK 26.23B |
| Deferred tax liabilities | NOK 4.76B | NOK 4.72B |
| Derived metrics | ||
| Free cash flow | NOK 1.80B | NOK 8.58B |
| Operating margin | 8.1% | 5.0% |
| Net margin | 2.5% | 1.4% |
| Return on equity | 4.7% | 2.6% |
| Cash conversion ratio | 3.05× | 7.92× |
| Capex coverage | 1.13× | 1.63× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | -NOK 2.26B | NOK 7.16B |
| Adjustments For Deferred Tax Expense | -NOK 948.0M | -NOK 1.05B |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | NOK 10.17B | NOK 13.81B |
| Adjustments For Gains Losses On Change In Fair Value of Derivatives | -NOK 446.0M | NOK 2.10B |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | -NOK 127.0M | NOK 6.0M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | -NOK 516.0M | NOK 492.0M |
| Adjustments For Unrealised Foreign Exchange Losses Gains | NOK 5.65B | NOK 2.08B |
| Cash and Cash Equivalents Classified As Part of Disposal Group Held For Sale | NOK 151.0M | NOK 188.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | -NOK 1.82B | -NOK 311.0M |
| Comprehensive Income Attributable To Owners of Parent | NOK 8.13B | NOK 7.58B |
| Current Loans and Receivables | NOK 3.47B | NOK 2.64B |
| Current Provisions | NOK 3.60B | NOK 4.00B |
| Current Tax Liabilities Current | NOK 3.90B | NOK 3.82B |
| Deferred Tax Assets | NOK 4.23B | NOK 3.06B |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | NOK 4.45B | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | NOK 2.25 | — |
| Dividends Received Classified As Operating Activities | NOK 910.0M | NOK 1.04B |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | NOK 699.0M | NOK 240.0M |
| Equity and Liabilities | NOK 207.37B | NOK 206.46B |
| Expense By Nature | NOK 192.18B | NOK 188.67B |
| Finance Income | NOK 1.60B | NOK 1.30B |
| Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss | -NOK 5.65B | -NOK 2.08B |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | NOK 39.0M | NOK 4.42B |
| Increase Decrease In Cash and Cash Equivalents | -NOK 9.42B | -NOK 5.00B |
| Increase Decrease Through Acquisition of Subsidiary | NOK 79.0M | — |
| Increase Decrease Through Change In Equity of Subsidiaries | NOK 1.14B | NOK 519.0M |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | NOK 0 | NOK 6.22B |
| Increase Decrease Through Disposal of Subsidiary | NOK 2.0M | — |
| Increase Decrease Through Other Distributions To Owners | NOK 681.0M | NOK 648.0M |
| Increase Decrease Through Transfers and Other Changes Equity | NOK 0 | NOK 0 |
| Increase Decrease Through Treasury Share Transactions | NOK 0 | NOK 0 |
| Investment Accounted For Using Equity Method | NOK 25.05B | NOK 21.23B |
| Issued Capital | NOK 2.21B | NOK 2.24B |
| Liabilities | NOK 99.92B | NOK 99.28B |
| Liabilities Included In Disposal Groups Classified As Held For Sale | NOK 0 | NOK 141.0M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | NOK 0 | NOK 3.69B |
| Noncurrent Provisions For Employee Benefits | NOK 9.23B | NOK 9.22B |
| Noncurrent Recognised Assets Defined Benefit Plan | NOK 10.12B | NOK 8.66B |
| Other Adjustments For Which Cash Effects Are Investing Or Financing Cash Flow | NOK 33.0M | -NOK 39.0M |
| Other Cash Payments To Acquire Equity Or Debt Instruments of Other Entities Classified As Investing Activities | NOK 3.15B | NOK 659.0M |
| Other Cash Receipts From Sales of Equity Or Debt Instruments of Other Entities Classified As Investing Activities | NOK 3.30B | NOK 753.0M |
| Other Comprehensive Income | NOK 1.27B | NOK 4.46B |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | -NOK 1.44B | NOK 272.0M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | NOK 2.13B | NOK 5.14B |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | -NOK 404.0M | -NOK 135.0M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | NOK 1.05B | -NOK 805.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | NOK 630.0M | NOK 5.40B |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | NOK 644.0M | -NOK 940.0M |
| Other Current Financial Assets | NOK 412.0M | NOK 1.90B |
| Other Current Financial Liabilities | NOK 3.32B | NOK 2.73B |
| Other Expense By Nature | NOK 25.71B | NOK 25.39B |
| Other Inflows Outflows of Cash Classified As Financing Activities | -NOK 2.24B | -NOK 393.0M |
| Other Inflows Outflows of Cash Classified As Operating Activities | -NOK 1.55B | -NOK 2.35B |
| Other Longterm Provisions | NOK 5.20B | NOK 5.87B |
| Other Noncurrent Financial Liabilities | NOK 6.16B | NOK 4.04B |
| Other Noncurrent Nonfinancial Assets | NOK 5.97B | NOK 6.39B |
| Other Noncurrent Nonfinancial Liabilities | NOK 2.01B | NOK 2.42B |
| Other Reserves | NOK 11.85B | NOK 9.56B |
| Payments To Acquire Or Redeem Entitys Shares | NOK 2.27B | NOK 2.16B |
| Proceeds From Changes In Ownership Interests In Subsidiaries | -NOK 5.0M | NOK 8.36B |
| Proceeds From Government Grants Classified As Investing Activities | NOK 99.0M | NOK 105.0M |
| Proceeds From Issuing Shares | NOK 964.0M | NOK 568.0M |
| Proceeds From Other Longterm Assets Classified As Investing Activities | NOK 1.87B | NOK 76.0M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | NOK 139.0M | NOK 139.0M |
| Purchase of Other Longterm Assets Classified As Investing Activities | NOK 1.62B | NOK 7.54B |
| Purchase of Treasury Shares | NOK 1.64B | NOK 1.51B |
| Retained Earnings | NOK 59.75B | NOK 60.88B |
| 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 9.0M | -NOK 3.0M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | -NOK 516.0M | NOK 492.0M |
| Share Premium | NOK 29.32B | NOK 29.28B |
| Treasury Shares | NOK 1.67B | NOK 1.38B |
Methodology
Every line item above is a fact tagged in Norsk Hydro 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.