AF Gruppen revenue and financials

AFG · Oslo Børs · NOK

kr 192.80Change from previous close: +0.31%Absolute change: +kr 0.60

Close · October 7, 2026

In the fiscal year ended December 2025, AF Gruppen reported revenue of kr 31.87B (+5.45% year over year). Net income was kr 1.09B, a net margin of 3.4%.

Annual revenue · 2025: kr 31.87B
  1. kr 30.97B2022
  2. kr 30.16B2023
  3. kr 30.22B2024
  4. kr 31.87B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+5.45%
2025 vs 2024
Net income growth
+54.38%
2025 vs 2024
Net margin
3.4%
2024: 2.3%

Financial data

Amounts in millions of NOK; per-share values in NOK; shares in millions.

Cash flow · Annual
Item20252024202320222021
Operating cash flow3,0382,2171,5521,460—
Depreciation and amortization772701576528—
Capital expenditure-298-255-535-291—
Investing cash flow-3.0-226-61367.0—
Financing cash flow-1,698-1,298-1,401-1,437—
Dividends paid-986-380-700-1,125—
Share repurchases-7.0-8.0-2.0-9.0—
Debt issued4.014.01.0381—
Debt repaid-564-447-516-352—
Effect of exchange rates22.0-7.044.0-4.0—
Net change in cash1,337693-46290.0—
Free cash flow2,7401,9621,0171,169—