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Af Gruppen Norge AS
AS
Active
Org 938333572
Standardveien 1, 0581
Oslo
Construction of bridges and tunnels
·
NACE 4213
Est. 1985 · 40 years old
1 494 employees
www.afgruppen.no
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Norway
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Companies
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Construction of bridges and tunnels
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Af Gruppen Norge AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
13B
9.4B
6.3B
3.1B
0B
2021: 7.9B
7.9B
2021
2022: 7.6B (-4% vs 2021)
7.6B
-4%
2022
2023: 7.6B (0% vs 2022)
7.6B
0%
2023
2024: 8.2B (+9% vs 2023)
8.2B
+9%
2024
2025: 10B (+23% vs 2024)
10B
+23%
2025
EBITDA
NOK millions
745M
559M
372M
186M
0M
2021: 559M
559M
2021
2022: 274M (-51% vs 2021)
274M
-51%
2022
2023: 566M (+107% vs 2022)
566M
+107%
2023
2024: 595M (+5% vs 2023)
595M
+5%
2024
2025: 598M (+1% vs 2024)
598M
+1%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
10 112 892
8 210 874
7 564 935
7 562 788
7 906 642
Staff expenses
−1 854 402
−1 848 489
−1 559 266
−1 557 576
−1 599 075
EBITDA
598 065
595 042
565 683
273 743
558 762
Depreciation & amort.
−77 693
−74 638
−76 779
−76 032
−82 579
EBIT
520 372
520 404
488 904
197 711
476 183
Net financials
526 640
165 467
121 524
232 658
131 049
Profit before tax
1 047 012
685 871
610 428
430 369
607 232
Tax
202 997
156 230
145 174
51 964
122 431
Net profit
844 015
529 642
465 254
378 405
484 801
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
14 112 730
11 320 736
9 814 107
9 769 034
9 237 700
Equity
2 813 543
2 279 143
1 968 802
2 143 636
1 849 335
Long-term debt
691 748
363 276
192 891
93 768
268 748
Short-term debt
10 604 656
8 675 580
7 650 305
7 528 530
7 113 545
Total debt
11 296 404
9 038 855
7 843 196
7 622 298
7 382 293
Financial ratios
5-year trend
EBITDA margin
5,9 %
This company
15,8 %
Market median
This company
Market median
63% below market
2021
2025
Equity ratio
19,9 %
This company
38,2 %
Market median
This company
Market median
48% below market
2021
2025
Return on equity
30,0 %
This company
18,4 %
Market median
This company
Market median
63% above market
2021
2025
Net profit margin
8,3 %
This company
8,1 %
Market median
This company
Market median
2% above market
2021
2025
Asset turnover
0,72×
This company
1,12×
Market median
This company
Market median
36% below market
2021
2025
Debt / equity
4,02×
This company
0,62×
Market median
This company
Market median
548% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
More on Af Gruppen Norge AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network