Norconsult ASA
Sector unknown·NORCO · 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.
Nordics
Geography
StrategyPositive impact: strengthens
“Norconsult’s strategy is focused on strengthening our market position and seizing new opportunities, with a long-term strategic ambition to become a top three interdisciplinary consultancy firm in the Nordics.”
Annual report 2024A · The company itself
Geography
“Headquartered in Sandvika, Norway, the Group operates through approximately 140 offices across Norway, Sweden, Denmark, Iceland, Finland and Poland. This strong local presence in the Nordics enables the Group to build close client relationships and maintain market leadership in the region.”
Annual report 2024A · The company itself
Geography
“Our strategy emphasizes reinforcing our market leading position in Norway, further growth in Denmark, Sweden and Finland, as well as selective growth in renewables outside the Nordics.”
Annual report 2024A · The company itself
M&A and consolidation
Macro
StrategyPositive impact: strengthens
“Norconsult is committed to profitable growth, both through organic expansion and acquisitions.”
Annual report 2024A · The company itself
StrategyPositive impact: strengthens
“This continued to be the case in 2024 where the Group completed the acquisitions of SQM AS, Concreto AS and Wermlands Infraconsult AB throughout the year.”
Annual report 2024A · The company itself
Digitalisation
Technology
Market
“In addition, Norconsult Digital is a comprehensive digitalisation partner that offers both software and services to players in the property and infrastructure sectors and Technogarden is a subsidiary that offers the hiring of engineers, specialists and IT consultants and carry out recruitment processes.”
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
Industrial manufacturing
End markets
Market
“The Group also supports energy producers and energy transmission and distribution, manufacturers and heavy industries in optimising processes.”
Annual report 2024A · The company itself
Public sector
End markets
Market
“Norconsult’s key customer groups range from government bodies, municipalities and public organisations seeking to improve infrastructure, public services and community well-being, to private companies, developers and investors seeking solutions for complex projects.”
Annual report 2024A · The company itself
Real estate
End markets
Market
“Norconsult’s key customer groups range from government bodies, municipalities and public organisations seeking to improve infrastructure, public services and community well-being, to private companies, developers and investors seeking solutions for complex projects.”
Annual report 2024A · The company itself
Chains in: Interest rates weakens
Renewables auctions and subsidies
Regulation
StrategyPositive impact: strengthens
“Our strategy emphasizes reinforcing our market leading position in Norway, further growth in Denmark, Sweden and Finland, as well as selective growth in renewables outside the Nordics.”
Annual report 2024A · The company itself
Chains in: Wind power strengthens
Utilities
End markets
Market
“The Group also supports energy producers and energy transmission and distribution, manufacturers and heavy industries in optimising processes.”
Annual report 2024A · The company itself
Labour and wages
Raw materials and inputs
DriverPositive impact: strengthens
“Norconsult’s employees and their expertise are the cornerstone of our business, allowing us to drive innovation and deliver high-quality advice and solutions for our clients.”
Annual report 2024A · The company itself
Asia and emerging markets
Geography
Geography
“The Group operates two small offices in South-East Asia and leverages its global knowledge hubs to address international client needs. This strategy allows Norconsult to further strengthen its Nordic presence while selectively pursuing highpotential opportunities in international markets.”
Annual report 2024A · The company itself
Denmark
Geography
Geography
“Our strategy emphasizes reinforcing our market leading position in Norway, further growth in Denmark, Sweden and Finland, as well as selective growth in renewables outside the Nordics.”
Annual report 2024A · The company itself
Competitors mentioned in the report
No named competitors in the report.
Financial figures
| Revenue latest fiscal year | 10.41 bn NOK |
| Revenue growth vs. the year before, same method | 8.9 % |
| EBITDA reported by the company | N/A |
| Net debt debt incl. leasing minus cash | N/A |
| Diluted EPS per share | 1.65 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.