Kongsberg Gruppen ASA

Oslo Stock Exchange KOG.OL

Kongsberg Gruppen ASA EBIT for the year ending December 31, 2023: USD 463.58 M

Kongsberg Gruppen ASA EBIT is USD 463.58 M for the year ending December 31, 2023, a 30.89% change year over year. EBIT means earnings before interest and taxes, it is calculated as operating income plus non-operating income.
  • Kongsberg Gruppen ASA EBIT for the year ending December 31, 2022 was USD 354.17 M, a 7.13% change year over year.
  • Kongsberg Gruppen ASA EBIT for the year ending December 31, 2021 was USD 330.61 M, a 45.63% change year over year.
  • Kongsberg Gruppen ASA EBIT for the year ending December 31, 2020 was USD 227.02 M, a 81.90% change year over year.
  • Kongsberg Gruppen ASA EBIT for the year ending December 31, 2019 was USD 124.80 M, a 36.47% change year over year.
Key data
Date EBIT EBITDA Net Income EPS (Diluted)
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Oslo Stock Exchange: KOG.OL

Kongsberg Gruppen ASA

CEO Mr. Geir Haoy
IPO Date Jan. 3, 2000
Location Norway
Headquarters KirkegArdsveien 45
Employees 14,361
Sector Industrials
Industries
Description

Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments, Kongsberg Maritime (KM), and Kongsberg Defence & Aerospace(KDA), and Kongsberg Digital (KDI). The KM segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels. This segment also provides winches for mooring, anchor handling, and special systems for offshore vessels, tugs, marine vessels, and various other classes of vessel, as well as cranes; hydro-acoustics; autonomous underwater vessels and solutions for autonomous maritime vessels; and products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The KDA segment offers various systems and services to the defense industry. It offers air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems; remote tower solutions for airports; remote control weapon stations for land-based vehicles and marine vessels; products for military tactical communication; naval strike and air-to-surface missiles; and lightweight composite and titanium components for F-35 combat aircraft. This segment also provides components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The KDI segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. The company operates primarily in Norway, Europe, North America, South America, Asia, Australia, and Africa. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.

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StockViz Staff

January 15, 2025

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