Multiconsult ASA
Sector unknown·MULTI · Oslo Børs·Fiscal year to 31/12/2024
Exposure profile
Derived from what the company itself writes. Empty directions mean the report doesn't mention themes of that type.
In their own words
Grouped by theme, from the management review in the annual report. A · The company itself is a verbatim quote, B · From the report is without a verified quote.
Labour and wages
Raw materials and inputs
DriverNegative impact: weakens
“The increase in net operating revenues was mainly driven by increased capacity, reflected by an increase in full-time equivalents (FTE) of 5.3 per cent. A higher billing ratio of 72.8 per cent (70.8) and higher billing rates contributed positively to the increase in net operating revenues.”
Annual report 2024A · The company itself
DriverNegative impact: weakens
“Operating expenses excluding depreciation and amortisation was NOK 4 618.2 million (4 146.2).”
Annual report 2024A · The company itself
DriverNegative impact: weakens
“Short, medium, long S1 Own workforce Working conditions S1.1 Risk Talent acquisition and retention challenges To Multiconsult, employees are the most important asset, and the group is dependent on attracting, developing and retaining skilled professionals in a competitive labour market to be able to deliver on the strategic goals.”
Annual report 2024A · The company itself
DriverNegative impact: weakens
“The primary risk associated with talent acquisition and retention is the potential for skill shortages, which may hinder the ability to deliver services effectively. Failing to attract and retain competent employees pose significant risks, such as losing access to essential skills, decreased productivity, a less innovative and dynamic workplace, lower employee satisfaction, higher turnover rates and a weaker employer brand. As a consultancy company, Multiconsult’s success is reliant on employees, making it critical to mitigate these risks.”
Annual report 2024A · The company itself
InputNegative impact: weakens
“The group’s business model is mainly based on consultancy fee revenues generated by its employees. In some projects, services are also provided by external consultants (‘sub-consultants’).”
Annual report 2024A · The company itself
InputNegative impact: weakens
“As a people-based organisation with 3 923 employees, Multiconsult’s success depends on access to relevant expertise solving complex value adding projects for our clients. Employee turnover, a tight labour market for engineers and architects, and general access to relevant expertise are risk factors.”
Annual report 2024A · The company itself
StrategyPositive impact: strengthens
“Multiconsult’s Code of Conduct (CoC) defines the ethical principles and standards of behaviour expected from its employees, contractors and representatives. It is rooted in integrity, transparency and accountability, providing clear guidance on fostering a positive work environment and ensuring compliance with legal standards. The CoC supports a healthy and safe working environment and maintains attractive and fair working conditions with respect for diversity and the avoidance of discrimination.”
Annual report 2024A · The company itself
StrategyPositive impact: strengthens
“In 2024, the survey was implemented as a group wide initiative, covering all entities within Multiconsult. When asked about their perception of workload, results from the Employee Pulse indicate that Multiconsult is on par with the reference index for professional service companies. The most recent survey achieved a response rate of 81 per cent, suggesting that this platform is efficient for monitoring and identifying workforce trends.”
Annual report 2024A · The company itself
StrategyPositive impact: strengthens
“Multiconsult is enhancing employee skills by actively allocating resources, including time and budget, in alignment with the group’s commitment to continuous training and development. Each year, a budget is allocated for competence development. Time for training is also accounted for in planning.”
Annual report 2024A · The company itself
StrategyPositive impact: strengthens
“Health and safety is especially critical in fieldwork operations, where the risk of serious injuries are higher compared to office jobs. A combination of systematic efforts and physical on-site presence is adopted to enhance health and safety performance of fieldwork operations.”
Annual report 2024A · The company itself
Climate change and extreme weather
Macro
DriverPositive impact: strengthens
“The expertise of our nearly 4000 experts is in high demand and our skilled and dedicated employees create solutions that positively impact citizens and society every day. The demand related to energy transition remained strong and the request for solutions concerning climate adaptation and nature preservation is on the increase.”
Annual report 2024A · The company itself
DriverPositive impact: strengthens
“Throughout 2024, the impacts of climate change have affected society and infrastructure. Our skilled employees contribute daily to climate adaptation solutions, securing existing structures and providing robust future solutions. The demand for nature, climate, and sustainable solutions increased significantly.”
Annual report 2024A · The company itself
DriverMixed impact: mixed
“Since launching our strategy in 2021, significant changes in our surroundings related to geopolitics, climate changes, changes in supply chains and cost of materials necessitated a revision of the current strategy.”
Annual report 2024A · The company itself
StrategyPositive impact: strengthens
“Three of the five ambitions in the updated strategy focus on the group’s ambition of enabling the green transition: • Expanding our position as preferred partner in the energy transition • Driving urban transformation and development • Safeguarding biodiversity and climate The opportunities and potential positive impacts identified for the environmental topics relates to these ambitions.”
Annual report 2024A · The company itself
Market
“Several climate-related IROs were evaluated as material: Opportunities: • Growth in climate consultancy services • Growth in climate adaptation solutions Climate-related opportunities are considered substantial for Multiconsult and a key driver in the strategy. This includes growth in consultancy services and adaption solutions related to climate topics.”
Annual report 2024A · The company itself
Market
“As climate adaptation becomes increasingly relevant, opportunities in surface water management and flood hazard reduction are emerging.”
Annual report 2024A · The company itself
Market
“9.1 Engineering activities and related technical consultancy dedicated to adaptation to climate change Engineering projects and consultancy within climate change adaptation. This includes assessments of risks and impacts, for example for flood prevention.”
Annual report 2024A · The company itself
Market
“In this scenario, increased client demand for risk assessments, adaption strategies and infrastructure resilience planning is anticipated, particularly in areas where Multiconsult excels in addressing physical climate risks.”
Annual report 2024A · The company itself
Chains out: this weakens Agriculture and food production
Electrification
Technology
DriverPositive impact: strengthens
“The expertise of our nearly 4000 experts is in high demand and our skilled and dedicated employees create solutions that positively impact citizens and society every day. The demand related to energy transition remained strong and the request for solutions concerning climate adaptation and nature preservation is on the increase.”
Annual report 2024A · The company itself
DriverPositive impact: strengthens
“Multiconsult Norge AS signed a call-off option with Equinor for the grid connection providing electrification of Hammerfest LNG.”
Annual report 2024A · The company itself
DriverPositive impact: strengthens
“Climate scenario in line with limiting global warming to 1.5 °C Stricter regulations on emissions, energy efficiency and s ustainable construction evolve in a lower-carbon scenario. The transition to a sustainable economy in this scenario drives demand for renewable energy and adaptation of new low-carbon technologies. Multiconsult’s expertise in emission reduction, circular economy strategies and compliance with climate regulations, creates new opportunities in a low-carbon economy, both in short-, medium- and long-term.”
Annual report 2024A · The company itself
StrategyPositive impact: strengthens
“Our role in energy transmission infrastructure is vital for industrial development, and we have reinforced our position as a leader in the energy transition through numerous projects. This includes upgrading Norway's transmission grid and projects regarding renewable energy initiatives.”
Annual report 2024A · The company itself
StrategyPositive impact: strengthens
“Three of the five ambitions in the updated strategy focus on the group’s ambition of enabling the green transition: • Expanding our position as preferred partner in the energy transition • Driving urban transformation and development • Safeguarding biodiversity and climate The opportunities and potential positive impacts identified for the environmental topics relates to these ambitions.”
Annual report 2024A · The company itself
Market
“Multiconsult provides consultancy to clients related to topics such as designing zero-emission buildings, reuse of building materials, climate emission accounting and nature-based solutions.”
Annual report 2024A · The company itself
Chains out: this strengthens Electricity, strengthens Power grid expansion, strengthens Copper
Energy efficiency
Technology
DriverPositive impact: strengthens
“Throughout 2024, the impacts of climate change have affected society and infrastructure. Our skilled employees contribute daily to climate adaptation solutions, securing existing structures and providing robust future solutions. The demand for nature, climate, and sustainable solutions increased significantly.”
Annual report 2024A · The company itself
Market
“Professional, Scientific and Technical Activities Climate change mitigation 9.3 Professional services related to energy performance of buildings Multiconsult provides professional services that can improve energy performance of buildings as part of several building projects.”
Annual report 2024A · The company itself
Chains in: Carbon tax and ETS prices strengthens, EU climate and energy policy strengthens
Utilities
End markets
DriverPositive impact: strengthens
“Increased activity within defence and energy and industry had a positive impact in the market.”
Annual report 2024A · The company itself
DriverPositive impact: strengthens
“Multiconsult Norge AS signed a call-off option with Equinor for the grid connection providing electrification of Hammerfest LNG.”
Annual report 2024A · The company itself
StrategyPositive impact: strengthens
“Our role in energy transmission infrastructure is vital for industrial development, and we have reinforced our position as a leader in the energy transition through numerous projects. This includes upgrading Norway's transmission grid and projects regarding renewable energy initiatives.”
Annual report 2024A · The company itself
Market
“Energy & Industry includes planning and construction of industrial facilities and installations, which in addition to traditional industrial developments, includes onshore aqua-culture facilities, hydropower and dams as well as wind and solar power generation. The portfolio also covers electrical grid distribution and transmission.”
Annual report 2024A · The company itself
Market
“To streamline the organisation and optimise utilisation of the capability, operational activities are organised in four reporting segments: • Region Oslo • Region Norway • Architecture • International Operation covers four business areas across all four reporting segments: Building & Properties, Mobility & Transportation, Energy & Industry, and Water & Environment. A full description of the group’s business areas can be found in note 5 in the consolidated annual accounts.”
Annual report 2024A · The company itself
Market
“Iterio AB continues to win important agreements with key clients, including call offs on the framework agreement with Stockholm Vatten och Avfall.”
Annual report 2024A · The company itself
Circular economy and recycling
Regulation
DriverNegative impact: weakens
“Staying updated on evolving regulations and market expectations on circular economy is crucial for ensuring that these entities remain relevant partners.”
Annual report 2024A · The company itself
DriverNegative impact: weakens
“Over time, or in current projects, insufficient skills or awareness of circularity may become a risk, leading to losing in the competition for new projects.”
Annual report 2024A · The company itself
Market
“Multiconsult provides consultancy to clients related to topics such as designing zero-emission buildings, reuse of building materials, climate emission accounting and nature-based solutions.”
Annual report 2024A · The company itself
Market
“Incorporating circular economy principles and smart resource use in the design phase of engineering and architectural projects can positively influence environmental outcomes.”
Annual report 2024A · The company itself
Market
“2.3.2 Impacts, risks and opportunities -resource use and circular economy Impacts In the double materiality assessment, Multiconsult identified two material impacts related to circular economy and resource use: • Potential positive impact: Contribution to circular economy in client projects • Actual negative impact: Waste from own operations Positive impact: Multiconsult can promote circular economy principles through its role as a provider of engineering, architectural and consultancy services. For example: • Architects propose material reuse and insulation optimisation for new builds and renovations • Waste management systems are designed for residential areas, hospitals and industrial sites • Circular economy or effective resource use solutions are suggested in infrastructure development projects (e.g., railways, roads, dams, waterways and energy solutions) Such activities present opportunities to improve project environmental impacts.”
Annual report 2024A · The company itself
Chains in: EU climate and energy policy strengthens
Construction
End markets
DriverNegative impact: weakens
“The architecture businesses have been significantly impacted by the slowdown in the building and property market.”
Annual report 2024A · The company itself
Market
“Commission Delegated Regulation 2021/2178 Annex I, 1.1.3.1 Table 2.8: Eligible taxonomy activities in Multiconsult’s 2023 and 2024 reporting Type of eligibility Sector Substantial contribution criterium Taxonomy activity Nature of taxonomy activity Operating revenue Transport Climate change mitigation 6.14 Infrastructure for rail transport Multiconsult’s client projects within construction of railways and subways. Multiconsult provides engineering services and drafting services among other types of services in this sector.”
Annual report 2024A · The company itself
Market
“Water & Environment Buildings & Properties covers the traditional construction market, including housing, public and private buildings as well as real- estate management. Multiconsult provide services in all phases of the lifetime of a building, from early planning stages through the construction phase, operation and modernisation phases as well as demolition and renewal of a building.”
Annual report 2024A · The company itself
Market
“To streamline the organisation and optimise utilisation of the capability, operational activities are organised in four reporting segments: • Region Oslo • Region Norway • Architecture • International Operation covers four business areas across all four reporting segments: Building & Properties, Mobility & Transportation, Energy & Industry, and Water & Environment. A full description of the group’s business areas can be found in note 5 in the consolidated annual accounts.”
Annual report 2024A · The company itself
Market
“Multiconsult Polska signed several design and supervision contracts both within road and railway projects for the Polish National Railway Company and General Directorate of National Roads and Motorways.”
Annual report 2024A · The company itself
Chains in: Interest rates weakens, Housing market strengthens, Public investment and infrastructure strengthens, Business cycle and GDP growth strengthens, Reconstruction of Ukraine strengthens
Nordics
Geography
StrategyPositive impact: strengthens
“Expanding beyond Norway: To achieve the ambitions for growth and profitability it is strategically reasonable to take a larger position outside of Norway.”
Annual report 2024A · The company itself
Geography
“In addition, Multiconsult Group will prioritise and expand growth within the Nordics, including Norway and extend its focus on Poland.”
Annual report 2024A · The company itself
Geography
“Multiconsult Group consists of Multiconsult ASA along with the following subsidiaries, sub-subsidiaries and associated companies as of end of 2024: Norway: Multiconsult Norge AS, LINK Arkitektur AS, A-lab AS (70 per cent ownership), Sitepartner AS. Sweden: Iterio AB and LINK Arkitektur AB. Denmark: LINK Arkitektur A/S, LINK Danmark ApS and A-Lab Danmark ApS (68 per cent ownership). Poland: Multiconsult Polska Sp. z o.o..”
Annual report 2024A · The company itself
Geography
“This segment offers services in all four business areas and comprises the Oslo region, including the Lillehammer office and, Large Projects in Norway and the subsidiaries Multiconsult UK and Sitepartner. Region Oslo accounted for 37.2 per cent (39.0) of group net operating revenues in 2024. Net operating revenues came in at NOK 2 004.6 million (1 873.6) an increase of 7.0 per cent compared to last year.”
Annual report 2024A · The company itself
Geography
“The group is among the leading suppliers of consultancy and design services in Norway and the Nordic region.”
Annual report 2024A · The company itself
Europe
Geography
StrategyPositive impact: strengthens
“Expanding beyond Norway: To achieve the ambitions for growth and profitability it is strategically reasonable to take a larger position outside of Norway.”
Annual report 2024A · The company itself
Geography
“Multiconsult Group consists of Multiconsult ASA along with the following subsidiaries, sub-subsidiaries and associated companies as of end of 2024: Norway: Multiconsult Norge AS, LINK Arkitektur AS, A-lab AS (70 per cent ownership), Sitepartner AS. Sweden: Iterio AB and LINK Arkitektur AB. Denmark: LINK Arkitektur A/S, LINK Danmark ApS and A-Lab Danmark ApS (68 per cent ownership). Poland: Multiconsult Polska Sp. z o.o..”
Annual report 2024A · The company itself
Geography
“United Kingdom: Multiconsult UK Ltd. Serbia: Iterio LLC Belgrade. Portugal: FHK – Laboratorio De Arquitectura, Lda.”
Annual report 2024A · The company itself
Geography
“The group has some activity and subsidiaries outside the Nordic region – in Poland, United Kingdom, Portugal and Serbia.”
Annual report 2024A · The company itself
Automotive
End markets
Market
“Mobility & Transportation delivers engineering and advisory services for safe and forward-looking transportation systems. The business area covers both road and rail, airport and harbour facilities and channel transportation systems.”
Annual report 2024A · The company itself
Market
“To streamline the organisation and optimise utilisation of the capability, operational activities are organised in four reporting segments: • Region Oslo • Region Norway • Architecture • International Operation covers four business areas across all four reporting segments: Building & Properties, Mobility & Transportation, Energy & Industry, and Water & Environment. A full description of the group’s business areas can be found in note 5 in the consolidated annual accounts.”
Annual report 2024A · The company itself
Market
“Multiconsult Polska signed several design and supervision contracts both within road and railway projects for the Polish National Railway Company and General Directorate of National Roads and Motorways.”
Annual report 2024A · The company itself
Business cycle and GDP growth
Macro
DriverNegative impact: weakens
“Macro-economic developments and geopolitical tensions The war in Ukraine, tence geopolitical situation, along with ongoing macro-economic challenges such as inflation and rising costs continues to impact general economic growth. The direct and indirect potential effects of these factors are difficult to predict but has so far had limited impact on Multiconsult. Potentially these factors may affect the financial performance of the group in adverse circumstances.”
Annual report 2024A · The company itself
Market
“Multiconsult has a diversified order backlog with both public and private clients that provides a robust foundation for further business growth.”
Annual report 2024A · The company itself
Chains out: this strengthens Global trade volumes, strengthens Construction
Labour regulation
Regulation
DriverNegative impact: weakens
“Given the variability of laws and regulations across countries, Multiconsult does not set detailed rules or procedures for all topics. Instead, each subsidiary is expected to comply with international and domestic legislation as well as Multiconsult policies and directives.”
Annual report 2024A · The company itself
StrategyPositive impact: strengthens
“Multiconsult has made commitment to respecting internationally recognised human rights throughout own operations and in the supply chain.”
Annual report 2024A · The company itself
M&A and consolidation
Macro
DriverNegative impact: weakens
“The most significant risks for Multiconsult are related to project execution, operations activities, M&A, breaches of Code of Conduct, security breaches, changes in framework requirements and/or political changes.”
Annual report 2024A · The company itself
StrategyPositive impact: strengthens
“M&A is an inherent component of the group growth strategy and will remain so also in the coming strategy period. The group aims to find targets that strongly align with its strategic goals.”
Annual report 2024A · The company itself
Artificial intelligence
Technology
StrategyPositive impact: strengthens
“Investing in technology, particularly Artificial Intelligence (AI) has been central throughout 2024. We are participating in groundbreaking developments in several projects, and in combination with developing new digital products, this gives us a great opportunity to remain at the forefront of skills development while enabling more efficient and sustainable processes across the group.”
Annual report 2024A · The company itself
Chains out: this strengthens Data centres, strengthens Semiconductors and electronic components, strengthens Semiconductor industry
Aviation and travel
End markets
Market
“Mobility & Transportation delivers engineering and advisory services for safe and forward-looking transportation systems. The business area covers both road and rail, airport and harbour facilities and channel transportation systems.”
Annual report 2024A · The company itself
Chains in: Fuel strengthens, Pandemics and outbreaks weakens
Consumer spending
Macro
Market
“Multiconsult has a diversified order backlog with both public and private clients that provides a robust foundation for further business growth.”
Annual report 2024A · The company itself
Chains in: Inflation weakens
Chains out: this strengthens Retail, strengthens Hospitality and leisure, strengthens Premium consumers, strengthens Grocery retail and private label
Digitalisation
Technology
StrategyPositive impact: strengthens
“Investing in technology, particularly Artificial Intelligence (AI) has been central throughout 2024. We are participating in groundbreaking developments in several projects, and in combination with developing new digital products, this gives us a great opportunity to remain at the forefront of skills development while enabling more efficient and sustainable processes across the group.”
Annual report 2024A · The company itself
Chains in: Cybersecurity (products and services) strengthens, Public investment and infrastructure strengthens
Chains out: this strengthens IT consulting and public-sector IT
Healthcare and hospitals
End markets
StrategyPositive impact: strengthens
“Our updated strategy builds on Multiconsult Group’s robust market positions both in Norway and internationally: • Market leader in healthcare across Scandinavia • Specialist in global renewable energy • Expert in urban development • Integrated geotechnical and environmental advisor • Leading infrastructure player in Norway, Sweden and Poland The group maintains a long-term perspective on sustainable and profitable development.”
Annual report 2024A · The company itself
Chains in: Ageing population strengthens, GLP-1 and obesity treatment mixed effect
Industrial manufacturing
End markets
Market
“Energy & Industry includes planning and construction of industrial facilities and installations, which in addition to traditional industrial developments, includes onshore aqua-culture facilities, hydropower and dams as well as wind and solar power generation. The portfolio also covers electrical grid distribution and transmission.”
Annual report 2024A · The company itself
Real estate
End markets
Market
“Water & Environment Buildings & Properties covers the traditional construction market, including housing, public and private buildings as well as real- estate management. Multiconsult provide services in all phases of the lifetime of a building, from early planning stages through the construction phase, operation and modernisation phases as well as demolition and renewal of a building.”
Annual report 2024A · The company itself
Chains in: Interest rates weakens
Shipping and logistics
End markets
Market
“Mobility & Transportation delivers engineering and advisory services for safe and forward-looking transportation systems. The business area covers both road and rail, airport and harbour facilities and channel transportation systems.”
Annual report 2024A · The company itself
Chains in: Carbon tax and ETS prices weakens, Global trade volumes strengthens, Fuel strengthens
Water
Raw materials and inputs
Market
“Iterio AB continues to win important agreements with key clients, including call offs on the framework agreement with Stockholm Vatten och Avfall.”
Annual report 2024A · The company itself
Wind power
Technology
StrategyPositive impact: strengthens
“Our role in energy transmission infrastructure is vital for industrial development, and we have reinforced our position as a leader in the energy transition through numerous projects. This includes upgrading Norway's transmission grid and projects regarding renewable energy initiatives.”
Annual report 2024A · The company itself
Chains in: Interest rates weakens, Energy security strengthens
Chains out: this strengthens Steel, strengthens Rare earths and critical raw materials, strengthens Renewables auctions and subsidies, strengthens Power grid expansion
Geopolitical uncertainty
Macro
DriverNegative impact: weakens
“Macro-economic developments and geopolitical tensions The war in Ukraine, tence geopolitical situation, along with ongoing macro-economic challenges such as inflation and rising costs continues to impact general economic growth. The direct and indirect potential effects of these factors are difficult to predict but has so far had limited impact on Multiconsult. Potentially these factors may affect the financial performance of the group in adverse circumstances.”
Annual report 2024A · The company itself
DriverMixed impact: mixed
“Since launching our strategy in 2021, significant changes in our surroundings related to geopolitics, climate changes, changes in supply chains and cost of materials necessitated a revision of the current strategy.”
Annual report 2024A · The company itself
DriverNegative impact: weakens
“Multiconsult recognises that corruption and bribery represent serious risks for any global organisation, particularly in functions such as procurement and sales and in regions with higher corruption indices. While most of Multiconsult's business is based in Scandinavia and some in Poland, some projects are conducted in countries with higher inherent risks of corruption, including parts of East Africa.”
Annual report 2024A · The company itself
Chains out: this strengthens Defence budgets, strengthens Energy security, strengthens Tariffs and trade policy, weakens Global trade volumes, strengthens Sea freight and freight rates, weakens Reconstruction of Ukraine
Inflation
Macro
DriverNegative impact: weakens
“The increase in net operating revenues was mainly driven by increased capacity, reflected by an increase in full-time equivalents (FTE) of 5.3 per cent. A higher billing ratio of 72.8 per cent (70.8) and higher billing rates contributed positively to the increase in net operating revenues.”
Annual report 2024A · The company itself
DriverNegative impact: weakens
“Macro-economic developments and geopolitical tensions The war in Ukraine, tence geopolitical situation, along with ongoing macro-economic challenges such as inflation and rising costs continues to impact general economic growth. The direct and indirect potential effects of these factors are difficult to predict but has so far had limited impact on Multiconsult. Potentially these factors may affect the financial performance of the group in adverse circumstances.”
Annual report 2024A · The company itself
Chains out: this weakens Consumer spending, strengthens Interest rates
Defence industry
End markets
DriverPositive impact: strengthens
“Increased activity within defence and energy and industry had a positive impact in the market.”
Annual report 2024A · The company itself
Chains in: Defence budgets strengthens
EU climate and energy policy
Regulation
DriverPositive impact: strengthens
“Climate scenario in line with limiting global warming to 1.5 °C Stricter regulations on emissions, energy efficiency and s ustainable construction evolve in a lower-carbon scenario. The transition to a sustainable economy in this scenario drives demand for renewable energy and adaptation of new low-carbon technologies. Multiconsult’s expertise in emission reduction, circular economy strategies and compliance with climate regulations, creates new opportunities in a low-carbon economy, both in short-, medium- and long-term.”
Annual report 2024A · The company itself
Chains out: this strengthens Circular economy and recycling, strengthens Energy efficiency
Global trade volumes
Macro
DriverMixed impact: mixed
“Since launching our strategy in 2021, significant changes in our surroundings related to geopolitics, climate changes, changes in supply chains and cost of materials necessitated a revision of the current strategy.”
Annual report 2024A · The company itself
Chains in: Tariffs and trade policy weakens, Geopolitical uncertainty weakens, Business cycle and GDP growth strengthens
Chains out: this strengthens Shipping and logistics
Housing market
Macro
DriverNegative impact: weakens
“The architecture businesses have been significantly impacted by the slowdown in the building and property market.”
Annual report 2024A · The company itself
Chains in: Interest rates weakens
Chains out: this strengthens Construction, strengthens Residential construction
SMEs
End markets
DriverNegative impact: weakens
“Late payments can negatively a ffect the liquidity or financial position of suppliers, especially for small and medium sized suppliers. A delay in payments form a larger customer, such as Multiconsult, is more likely to have a damaging consequence for a small business.”
Annual report 2024A · The company itself
Denmark
Geography
Geography
“In addition, Multiconsult Group will prioritise and expand growth within the Nordics, including Norway and extend its focus on Poland.”
Annual report 2024A · The company itself
Geography
“Multiconsult Group consists of Multiconsult ASA along with the following subsidiaries, sub-subsidiaries and associated companies as of end of 2024: Norway: Multiconsult Norge AS, LINK Arkitektur AS, A-lab AS (70 per cent ownership), Sitepartner AS. Sweden: Iterio AB and LINK Arkitektur AB. Denmark: LINK Arkitektur A/S, LINK Danmark ApS and A-Lab Danmark ApS (68 per cent ownership). Poland: Multiconsult Polska Sp. z o.o..”
Annual report 2024A · The company itself
Geography
“This segment offers services in all four business areas and comprises the Oslo region, including the Lillehammer office and, Large Projects in Norway and the subsidiaries Multiconsult UK and Sitepartner. Region Oslo accounted for 37.2 per cent (39.0) of group net operating revenues in 2024. Net operating revenues came in at NOK 2 004.6 million (1 873.6) an increase of 7.0 per cent compared to last year.”
Annual report 2024A · The company itself
Geography
“The group is among the leading suppliers of consultancy and design services in Norway and the Nordic region.”
Annual report 2024A · The company itself
Asia and emerging markets
Geography
Geography
“United Kingdom: Multiconsult UK Ltd. Serbia: Iterio LLC Belgrade. Portugal: FHK – Laboratorio De Arquitectura, Lda.”
Annual report 2024A · The company itself
United States
Geography
Geography
“United Kingdom: Multiconsult UK Ltd. Serbia: Iterio LLC Belgrade. Portugal: FHK – Laboratorio De Arquitectura, Lda.”
Annual report 2024A · The company itself
Chains in: USD vs DKK/EUR mixed effect
Competitors mentioned in the report
No named competitors in the report.
Financial figures
| Revenue latest fiscal year | 6.35 bn NOK |
| Revenue growth vs. the year before, same method | 12.9 % |
| EBITDA reported by the company | N/A |
| Net debt debt incl. leasing minus cash | 0.84 bn NOK |
| Diluted EPS per share | 15.11 NOK |
Source: annual report (ESEF) A. See the report
Criteria
| Profit | ✓ |
| Growing | ✓ |
| Healthy balance sheet | N/A |
Only the criteria that can be computed from financial statements on this page. The remaining criteria (such as price and dividend) need a share price and are in the analysis.
Figures are in the report's currency (NOK), not converted to DKK. Quotes are shown as the company's own words in the report's original language.