Telenor

TEL · Oslo Børs · NOK

kr 127.80Change from previous close: +0.71%Absolute change: +kr 0.90

Close · October 2, 2026

At a glance

Revenue growth
+1.41%
2025 vs 2024
Net income growth
−61.64%
2025 vs 2024
Net margin
9.2%
2024: 24.3%

Financial data

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

Balance sheet · Annual
Item20252024202320222021
Total assets221,651228,808218,376239,249225,740
Current assets31,93427,45339,75632,18243,843
Cash and equivalents16,33510,38019,5569,92915,223
Short-term investments358319269277327
Receivables11,55112,99514,73417,08319,332
Inventory8628779551,5591,563
Net property, plant and equipment71,87880,79877,462111,345124,332
Goodwill26,82226,31925,23227,33427,448
Other intangible assets9,3799,5429,2799,68910,195
Long-term investments72,47672,36655,95840,85310,946
Current liabilities46,28546,38445,99053,77762,167
Accounts payable6,5126,6365,5017,9559,082
Long-term debt74,18772,73075,68682,72487,811
Total debt100,65299,889102,193118,524—
Total liabilities146,022147,036147,942174,873194,240
Total equity (incl. minority)75,62981,77270,43464,37631,500
Retained earnings83,32589,42684,17675,84143,986
Minority interest5,1505,9175,9514,2375,206