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CARGONET AS
AS
Active
Org 983606598
Schweigaards Gate 23, 0191
Oslo
Freight rail transport
·
NACE 4920
Est. 2001 · 24 years old
507 employees
www.cargonet.no
Monitor
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Norway
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Companies
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Freight rail transport
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CARGONET AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
0M
375M
751M
1B
2B
975M
2020
1.1B
2021
1.2B
2022
1.3B
2023
1.3B
2024
EBITDA
NOK millions
28M
-40M
-107M
-174M
-241M
-69M
2020
22M
+132%
2021
-9M
-141%
2022
-84M
-833%
2023
-193M
-130%
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
975 225
1 064 775
1 247 372
1 268 215
1 306 205
Staff expenses
−463 905
−452 209
−492 754
−521 500
−578 093
EBITDA
−68 913
22 230
−9 473
−83 658
−193 262
Depreciation & amort.
−31 948
−35 918
−40 457
−40 640
−40 431
EBIT
−100 861
−13 688
−49 930
−124 298
−233 693
Net financials
−10 968
−5 101
−10 390
−21 341
−30 668
Profit before tax
−111 829
−18 789
−60 320
−145 639
−264 361
Tax
−24 539
−3 995
−13 188
−32 025
−58 039
Net profit
−87 290
−14 794
−47 132
−113 614
−206 322
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
667 494
693 357
707 818
757 736
739 053
Equity
300 747
285 953
238 821
125 207
268 885
Long-term debt
0
0
0
0
0
Short-term debt
208 632
220 605
265 598
534 083
355 365
Total debt
208 632
220 605
265 598
534 083
355 365
Financial ratios
5-year trend
EBITDA margin
-14.8%
This company
15.8%
Market median
-194% vs market
2020
2024
Equity ratio
36.4%
This company
38.2%
Market median
+5% vs market
2020
2024
Return on equity
-76.7%
This company
18.4%
Market median
-517% vs market
2020
2024
Net profit margin
-15.8%
This company
8.1%
Market median
-295% vs market
2020
2024
Asset turnover
1.77×
This company
1.12×
Market median
+58% vs market
2020
2024
Debt / equity
1.75×
This company
0.62×
Market median
-182% vs market
2020
2024
Annual reports & filings
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
More on CARGONET AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network