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Nammo Raufoss AS
AS
Active
Org 980038300
Enggata 37, 2830
Raufoss
Manufacture of weapons and ammunition
·
NACE 2530
Est. 1998 · 27 years old
1 794 employees
www.nammo.com
Monitor
Share
Norway
/
Companies
/
Manufacture of weapons and ammunition
/
Nammo Raufoss AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
6.8B
5.1B
3.4B
1.7B
0B
2021: 2.3B
2.3B
2021
2022: 2.4B (+6% vs 2021)
2.4B
+6%
2022
2023: 2.9B (+19% vs 2022)
2.9B
+19%
2023
2024: 4.1B (+42% vs 2023)
4.1B
+42%
2024
2025: 5.4B (+34% vs 2024)
5.4B
+34%
2025
EBITDA
NOK millions
1.1B
0.9B
0.6B
0.3B
0B
2021: 0.3B
0.3B
2021
2022: 0.4B (+32% vs 2021)
0.4B
+32%
2022
2023: 0.4B (+19% vs 2022)
0.4B
+19%
2023
2024: 0.6B (+46% vs 2023)
0.6B
+46%
2024
2025: 0.9B (+42% vs 2024)
0.9B
+42%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
5 433 415
4 066 351
2 864 800
2 404 973
2 259 634
Staff expenses
−1 486 933
−1 107 433
−902 983
−752 930
−663 148
EBITDA
920 200
646 115
440 917
371 025
281 504
Depreciation & amort.
−92 634
−73 643
−64 445
−61 632
−66 499
EBIT
827 566
572 472
376 472
309 393
215 005
Net financials
49 331
23 690
9 000
20 906
28 448
Profit before tax
876 897
596 162
385 472
330 299
243 453
Tax
192 749
131 161
82 201
71 900
45 977
Net profit
684 148
465 001
303 271
258 399
197 476
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
10 181 017
6 622 538
4 894 996
3 204 401
2 705 811
Equity
2 238 068
1 865 921
1 595 920
1 487 649
1 385 250
Long-term debt
123 231
62 972
94 372
78 709
61 836
Short-term debt
7 819 718
4 693 645
3 204 704
1 638 044
1 258 725
Total debt
7 942 949
4 756 617
3 299 076
1 716 753
1 320 561
Financial ratios
5-year trend
EBITDA margin
16,9 %
This company
15,8 %
Market median
This company
Market median
7% above market
2021
2025
Equity ratio
22,0 %
This company
38,2 %
Market median
This company
Market median
42% below market
2021
2025
Return on equity
30,6 %
This company
18,4 %
Market median
This company
Market median
66% above market
2021
2025
Net profit margin
12,6 %
This company
8,1 %
Market median
This company
Market median
56% above market
2021
2025
Asset turnover
0,53×
This company
1,12×
Market median
This company
Market median
53% below market
2021
2025
Debt / equity
3,55×
This company
0,62×
Market median
This company
Market median
473% 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 Nammo Raufoss AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network