AKVA Group ASA

AKVA Group ASA

13.40
EUR
0.00
(0.00%)
0.52EPS
22.92P/E
434.14MMarket Cap
Nov 06Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
35.56
48.23
55.03
60.18
78.56
88.91
91.87
95.4
92.02
91.29
93.78
96.73
120.35
125.06
Basic EPS, GAAP
0.11
2.13
2.2
1.06
3.86
3.17
0.44
2.74
0.34
-3.61
-0.49
3.58
5.07
5.87
Free Cash Flow per Basic Share
2.04
1.27
0.77
4.74
-0.66
1.94
2.07
7.35
-0.58
1.47
1.01
-1.02
8.25
7.21
Dividend per Share
- -
1
1
0.75
1.25
1.57
1.79
1.06
0.97
1
- -
- -
2
2
Book Value per Share
13.03
15
16.53
16.82
19.39
31.9
29.87
31.61
35.71
31.45
31.35
35.97
37.86
39.12
Tangible Book Value per Share
4.29
5.05
2.99
-4.94
-3.16
0.75
-0.63
-0.05
9.99
4.26
-0.41
-8.69
-6.59
-5.49
Basic Weighted Avg Shares
26
26
26
26
26
28
33
33
34
36
36
36
36
36
Sales/Revenue/Turnover
919
1,246
1,421
1,554
2,028
2,517
3,051
3,159
3,112
3,320
3,415
3,518
4,377
4,554
Operating Margin (%)
1.5
5.43
5.85
1.7
4.79
2.67
1.18
4.11
1.92
-2.19
1.47
4.88
5.74
7.36
Depreciation Expense
33
36
47
69
83
108
210
191
183
215
196
197
229
247
Net Income, GAAP
3
55
57
28
100
90
15
91
11
-131
-18
130
184
214
Effective Tax Rate (%)
48.01
13.35
25.21
43.2
26.37
19.86
- -
25.34
- -
- -
- -
- -
5.46
10.99
Profit Margin (%)
0.31
4.42
4
1.77
4.92
3.56
0.48
2.87
0.37
-3.95
-0.52
3.7
4.21
4.69
Working Capital
87
167
183
172
170
153
271
392
286
321
297
298
321
349
LT Debt
55
129
188
348
351
360
1,034
1,226
883
1,132
1,294
1,418
1,366
1,380
Total Equity
339
389
428
435
500
1,063
986
1,042
1,297
1,144
1,153
1,313
1,383
1,428
Return on Invested Capital (%)
1.53
11.64
10.82
5.67
12.92
7.41
- -
4.79
- -
- -
- -
- -
9.04
9.93
Return on Capital (%)
1.63
12.31
10.13
4.51
12.31
7.45
- -
5.48
- -
- -
- -
- -
9.93
10.18
Return on Common Equity (%)
0.87
15.21
13.99
6.4
21.32
11.48
1.43
8.92
0.98
-10.75
-1.56
10.63
13.74
15.55

Capital Structure

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
145
289
308
LT Borrowings
987
963
973
LT Finance Leases
380
347
407
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
36
36
36
Market Capitalization
- -
- -
4,906

Working Capital

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,558
1,793
1,634
Cash, Cash Equivalents & STI
202
237
147
Accounts Receivable, Net
432
701
648
Inventories
621
669
652
Total Current Liabilities
1,237
1,484
1,285
Payables & Accruals
- -
- -
- -
ST Debt
145
289
308
Deferred Revenue
- -
- -
- -

Growth Rates

NOK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.01%
6.55%
5.34%
Free Cash Flow
-136.49%
-324.54%
-909.87%
Net Income, GAAP
-156.84%
-441.04%
41.66%
Sales/Revenue/Turnover
12.42%
7.09%
24.42%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
784
1,014
1,011
792
3,518
2025
1,013
1,167
1,112
1,113
4,377
2026
1,140
1,189
- -
- -
- -

Quarterly Earnings Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.73
2.44
0.28
3.58
2025
1.16
1.32
1.74
0.74
5.07
2026
1.53
1.85
- -
- -
- -

Quarterly Dividends Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
1
- -
1
2
2026
- -
1
- -
- -
- -

Company Description

CEO
Knut Nesse
Full Time Employees
1,496
Sector
Producer manufacturing
Industry
Metal fabrication
Address
Plogfabrikkvegen 11 Klepp Stasjon RO Norway 4353
IPO Date
Nov 13, 2006
Business
AKVA group ASA is a Norway-based supplier of technology solutions and services to the global aquaculture industry. The company operates through three main segments: Sea Based Technology, offering Polarcirkel, Wavemaster, and Akvasmart hardware brands including plastic cages, steel cages, feed barges, feed systems, sensor and camera systems, underwater lights, and net cleaning systems; Land Based Technology, providing water treatment solutions such as mechanical filters, UV treatment, biofilters, degasser units, oxygenation, cooling/heating systems, and lifting pumps; and Digital, delivering production control, planning, traceability, and ERP software for aquaculture and fishing operations. AKVA group ASA manufactures, assembles, sells, installs, rents, and services these products, along with consulting and project engineering for both sea-based cage farming and recirculating aquaculture systems (RAS). Founded in 2006 through the merger of AKVAsmart, Helgeland Plast, and Wavemaster, the company is headquartered in Klepp Stasjon, Norway, and maintains operations in all major aquaculture markets with offices in Norway, Denmark, Scotland, Lithuania, Spain, Greece, Turkey, Chile, Canada, China, and Australia. Recent developments include the completion of intragroup mergers with wholly owned subsidiaries AKVA group Software AS and Polarcirkel AS in early 2025 to streamline operations; full acquisition of Observe Technologies Limited in June 2024 to bolster AI-powered feeding solutions; acquisition of a controlling 51% stake in Submerged AS in 2024 with an option for 100% ownership in 2028 to enhance digital precision farming via the AKVA Fusion platform; and finalization in May 2025 of a significant land-based contract with Laxey EHF for a recirculating salmon grow-out facility in Iceland following MEUR 130 financing. In June 2025, AKVA group ASA announced ambitious targets of NOK 5 billion in revenue and 9% EBIT margin by 2027, alongside a revised dividend policy to return 40-50% of cash flow after investments to shareholders, and completed a share buyback program in November 2025.