Egil Hogna, CEO of Norconsult

Solid organic growth and stable profitability

Norconsult’s net operating revenue reached NOK 2.8 billion in the fourth quarter, up from NOK 2.5 billion in corresponding quarter in 2024. Organic revenue growth was 6 percent compared to the corresponding quarter in 2024. This growth was driven by an increase in the number of employees, higher hourly rates and a higher billing ratio.

Norconsult’s adjusted EBITA amounted to NOK 252 million in the fourth quarter of 2025, up from NOK 227 million in the same period in 2024, while the EBITA margin adjusted for calendar effects ended at 9.2 percent compared to 9.1 in the same quarter in 2024.

For the full year 2025, net operating revenue increased by 10.0 percent to NOK 10.1 billion, and the EBITA margin adjusted for calendar effects ended at 9.5 percent compared to 9.6 percent for 2024.

“Norconsult has delivered yet another strong quarter, and for 2025, we are continuing the trend of solid organic growth and stable profitability in line with our historical performance. We also made three acquisitions, including two in Norway: The Aas-Jakobsen Group and Metier. This has strengthened our interdisciplinary expertise and reflects the Groups continued development and long-term value creation, says Egil Hogna, CEO of Norconsult.

In the fourth quarter, Norconsult secured key contracts, raising its order backlog from NOK 7.4 billion to NOK 7.7 billion.

Read the stock exchange release here: investor.Norconsult.com    

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For further information, please contact: 

 

Investors: Christian Salbu Aasland, SVP Investor Relations & Business Intelligence, IR@norconsult.com 

Media: Henrik Charlesen, Senior Communication Advisor, Henrik.Charlesen@norconsult.com 

 

About Norconsult 

Norconsult is a leading pan-Nordic interdisciplinary consulting firm combining engineering, architecture and digital expertise across projects of all sizes, for private and public clients in infrastructure, energy and industry, buildings and architecture. Headquartered in Sandvika, Norway, Norconsult’s delivery model is centred around knowledge hubs and local presence through approximately 7,200 employees across more than 140 offices in Norway, Sweden, Denmark, Iceland, Poland and Finland.