Arendals Fossekompani ASA

Oslo Stock Exchange AFK.OL

Arendals Fossekompani ASA Debt to Equity Ratio for the year ending December 31, 2023: 0.98

Arendals Fossekompani ASA Debt to Equity Ratio is 0.98 for the year ending December 31, 2023, a 119.43% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Arendals Fossekompani ASA Debt to Equity Ratio for the year ending December 31, 2022 was 0.45, a 35.40% change year over year.
Arendals Fossekompani ASA Debt to Equity Ratio for the year ending December 31, 2021 was 0.33, a -18.75% change year over year.
Arendals Fossekompani ASA Debt to Equity Ratio for the year ending December 31, 2020 was 0.41, a 7.99% change year over year.
Arendals Fossekompani ASA Debt to Equity Ratio for the year ending December 31, 2019 was 0.38, a 16.04% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Oslo Stock Exchange: AFK.OL

Arendals Fossekompani ASA

CEO	Mr. Benjamin Kristoffer Golding
IPO Date	Jan. 4, 2000
Location	Norway
Headquarters	Langbryggen 9
Employees	2,601
Sector	Utilities
Industries Utilities Automobiles & Vehicles Electricity Electric Vehicles (EVs) Hydro Energy Renewables Satellite Solar Energy Wind Energy

Description

Arendals Fossekompani ASA, an industrial investment company, owns and operates hydropower plants. It also provides business-critical software and technology services for power generation, power transmission and distribution, and infrastructure. In addition, the company manufactures and sells materials for 3D printing in the aerospace, medical, and automotive sectors; and nanomaterials for electronics and batteries industries, as well as offers satellite communications and IT solutions. Further, it delivers green power technology based on induction technology; offers voice and data services; and owns and develops various properties. The company operates in Norway, rest of Europe, Asia, and North America. Arendals Fossekompani ASA was founded in 1896 and is headquartered in Arendal, Norway.

Key trends

Past 5 years