Cash flow Atea ASA CBOE

Stocks

ATEAo

NO0004822503

IT Services & Consulting

Market Closed - CBOE 10:20:00 2026-08-21 EDT			5-day change	1st Jan Change
175.60 ^NOK	+1.04%		-1.90%	+11.42%

07-17	Danske Bank upgrades Atea to buy (hold), price target 180 Norwegian kroner - BN	FW
07-15	Atea ASA, Q2 2026 Earnings Call, Jul 15, 2026

683733e0df4.6p3pCa7XB_tZZpwtSQt8LAzMGC9uQqkXn847F9qtfu4.pdmBX-jiQawONqxbM0ANWUSmUnhaGpBF76JtdrDcM7SpqYJWmZx1tgAWyQ

Published financial data: ATEA ASA

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	41.32B	32.4B	34.7B	34.58B	37.38B
Total Revenues	41.32B	32.4B	34.7B	34.58B	37.38B
Cost of Goods Sold, Total	32.87B	23.4B	24.46B	24.19B	26.32B
Gross Profit	8.45B	9B	10.25B	10.4B	11.06B
Selling General & Admin Expenses, Total	6.28B	6.72B	7.6B	7.79B	8.14B
Depreciation & Amortization - (IS)	604M	615M	688M	736M	779M
Amortization of Goodwill and Intangible Assets - (IS)	10M	-	-	-	-
Other Operating Expenses	512M	473M	718M	662M	751M
Other Operating Expenses, Total	7.4B	7.81B	9B	9.19B	9.67B
Operating Income	1.04B	1.2B	1.24B	1.21B	1.38B
Interest Expense, Total	-96M	-140M	-220M	-203M	-182M
Interest And Investment Income	12M	7M	24M	24M	17M
Net Interest Expenses	-84M	-133M	-196M	-179M	-165M
Currency Exchange Gains (Loss)	-15M	30M	-21M	19M	-61M
Other Non Operating Income (Expenses)	-6M	-10M	-6M	-10M	-10M
EBT, Excl. Unusual Items	938M	1.08B	1.02B	1.04B	1.15B
Restructuring Charges	-	-	-	-39M	-8M
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Other Unusual Items	4M	-	-	-	-
EBT, Incl. Unusual Items	942M	1.08B	1.02B	1B	1.14B
Income Tax Expense	179M	235M	221M	227M	263M
Earnings From Continuing Operations	763M	848M	800M	775M	878M
Net Income to Company	763M	848M	800M	775M	878M
Net Income - (IS)	763M	848M	800M	775M	878M
Net Income to Common Incl Extra Items	763M	848M	800M	775M	878M
Net Income to Common Excl. Extra Items	763M	848M	800M	775M	878M
Per Share Items
Net EPS - Basic	6.87	7.64	7.21	6.92	7.91
Basic EPS - Continuing Operations	6.87	7.64	7.21	6.92	7.91
Basic Weighted Average Shares Outstanding	111M	111M	111M	112M	111M
Net EPS - Diluted	6.7	7.55	7.14	6.87	7.73
Diluted EPS - Continuing Operations	6.7	7.55	7.14	6.87	7.73
Diluted Weighted Average Shares Outstanding	114M	112M	112M	113M	113M
Normalized Basic EPS	5.28	6.1	5.75	5.81	6.47
Normalized Diluted EPS	5.14	6.04	5.7	5.76	6.36
Dividend Per Share	5.5	6.25	7	7	7.5
Payout Ratio	72.74	72.17	86.62	100.9	88.84
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	1.26B	1.41B	1.49B	1.44B	1.6B
EBITA	1.05B	1.21B	1.26B	1.22B	1.4B
EBIT	1.04B	1.2B	1.24B	1.21B	1.38B
EBITDAR	1.37B	1.54B	1.67B	1.62B	1.78B
Effective Tax Rate - (Ratio)	19	21.7	21.65	22.65	23.05
Current Domestic Taxes	-	7M	16M	15M	13M
Current Foreign Taxes	148M	178M	203M	150M	196M
Total Current Taxes	148M	185M	219M	165M	209M
Total Deferred Taxes	32M	50M	1M	61M	53M
Normalized Net Income	586M	677M	638M	651M	718M
Interest on Long-Term Debt	58M	62M	74M	80M	82M
Supplemental Operating Expense Items
Marketing Expenses	31M	45M	49M	34M	31M
Selling and Marketing Expenses	31M	45M	49M	34M	31M
Net Rental Expense, Total	113M	133M	184M	181M	181M
Imputed Operating Lease Interest Expense	44.31M	76.78M	158M	137M	120M
Imputed Operating Lease Depreciation	68.69M	56.22M	26.34M	44.38M	60.86M
Stock-Based Comp., COGS (Total)	-	-	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	94M	-	-	98M	107M
Stock-Based Comp., Other (Total)	-	34M	90M	-	-
Total Stock-Based Compensation	94M	34M	90M	98M	107M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.35B	922M	1.59B	2B	1.59B
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	1.35B	922M	1.59B	2B	1.59B
Accounts Receivable, Total	5.48B	7.08B	7.24B	8.49B	9.14B
Other Receivables	528M	851M	924M	1.18B	1.08B
Total Receivables	6.01B	7.93B	8.16B	9.66B	10.22B
Inventory	1.19B	1.2B	785M	974M	974M
Prepaid Expenses	1.16B	1.09B	976M	1.01B	1.02B
Other Current Assets, Total	7M	4M	-	-	-
Total Current Assets	9.73B	11.14B	11.51B	13.65B	13.8B
Gross Property Plant And Equipment	4.04B	4.48B	4.48B	5.41B	5.6B
Accumulated Depreciation	-2.35B	-2.68B	-3.01B	-3.46B	-3.64B
Net Property Plant And Equipment	1.69B	1.79B	1.47B	1.95B	1.96B
Long-term Investments	-	-	-	-	-
Goodwill	3.94B	4.13B	4.34B	4.46B	4.53B
Other Intangibles, Total	328M	452M	572M	712M	753M
Accounts Receivable Long-Term	53M	36M	-	-	-
Deferred Tax Assets Long-Term	276M	207M	209M	170M	126M
Other Long-Term Assets, Total	29M	99M	541M	168M	173M
Total Assets	16.05B	17.86B	18.64B	21.11B	21.34B
Liabilities
Accounts Payable, Total	6.57B	8.1B	8.04B	9.75B	9.67B
Accrued Expenses, Total	1.77B	1.76B	2B	2.22B	2.45B
Short-term Borrowings	-	-	-	4M	4M
Current Portion of Long-Term Debt	8M	586M	5M	-	-
Current Portion of Leases	355M	363M	418M	456M	470M
Current Income Taxes Payable	136M	265M	200M	144M	48M
Unearned Revenue Current, Total	199M	311M	310M	-	-
Other Current Liabilities	1.63B	1.43B	1.46B	2.01B	2.08B
Total Current Liabilities	10.67B	12.81B	12.44B	14.58B	14.73B
Long-Term Debt	475M	-	588M	588M	588M
Long-Term Leases	1.04B	1.05B	1.09B	1.15B	1.13B
Deferred Tax Liability Non Current	141M	145M	151M	168M	174M
Other Non Current Liabilities	189M	118M	168M	198M	184M
Total Liabilities	12.52B	14.13B	14.44B	16.69B	16.8B
Common Stock, Total	112M	112M	112M	112M	111M
Additional Paid In Capital	1.11B	1.45B	1.45B	1.45B	1.45B
Retained Earnings	1.05B	1.1B	1.24B	1.28B	1.23B
Treasury Stock	-1M	-2M	-1M	-1M	-
Comprehensive Income and Other	1.26B	1.07B	1.4B	1.58B	1.75B
Total Common Equity	3.53B	3.73B	4.2B	4.42B	4.54B
Total Equity	3.53B	3.73B	4.2B	4.42B	4.54B
Total Liabilities And Equity	16.05B	17.86B	18.64B	21.11B	21.34B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	112M	111M	111M	112M	111M
ECS Total Common Shares Outstanding	112M	111M	111M	112M	111M
Book Value / Share	31.65	33.71	37.78	39.55	40.75
Tangible Book Value	-740M	-856M	-709M	-754M	-738M
Tangible Book Value Per Share	-6.64	-7.74	-6.38	-6.74	-6.62
Total Debt	1.88B	2B	2.1B	2.2B	2.19B
Net Debt	524M	1.08B	517M	195M	594M
Debt Equivalent Oper. Leases	904M	1.06B	1.47B	1.45B	1.45B
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Others	1.23B	1.24B	827M	1B	1B
Land - (BS)	-	-	-	-	-
Buildings, Total	63M	66M	70M	73M	78M
Machinery, Total	2B	2.17B	1.85B	2.36B	2.39B
Full Time Employees	7.66K	8.07K	8.15K	7.99K	8.16K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	18M	19M	27M	31M	18M
Order Backlog	4B	5B	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	763M	848M	800M	775M	878M
Depreciation & Amortization - CF	533M	522M	587M	620M	642M
Amortization of Goodwill and Intangible Assets - (CF)	10M	11M	15M	11M	10M
Depreciation & Amortization, Total	543M	533M	602M	631M	652M
Amortization of Deferred Charges, Total - (CF)	71M	82M	86M	105M	127M
(Gain) Loss From Sale Of Asset	-44M	-72M	-	-3M	-1M
Stock-Based Compensation (CF)	49M	53M	64M	77M	81M
Other Operating Activities, Total	30M	-5M	-30M	-36M	84M
Change In Accounts Receivable	306M	-1.54B	193M	-993M	-382M
Change In Inventories	-446M	-10M	487M	-158M	43M
Change In Accounts Payable	-40M	1.51B	-567M	1.53B	-282M
Change in Other Net Operating Assets	-136M	-372M	243M	102M	4M
Cash from Operations	1.1B	1.03B	1.88B	2.03B	1.2B
Capital Expenditure	-328M	-397M	-322M	-426M	-432M
Sale of Property, Plant, and Equipment	56M	76M	2M	5M	13M
Cash Acquisitions	-1M	-119M	-	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Other Investing Activities, Total	-	-1M	-	-	1M
Cash from Investing	-273M	-441M	-320M	-421M	-418M
Long-Term Debt Issued, Total	6.03B	4.97B	3.22B	3.06B	5.55B
Total Debt Issued	6.03B	4.97B	3.22B	3.06B	5.55B
Long-Term Debt Repaid, Total	-6.39B	-5.2B	-3.64B	-3.53B	-5.97B
Total Debt Repaid	-6.39B	-5.2B	-3.64B	-3.53B	-5.97B
Issuance of Common Stock	155M	23M	27M	23M	-
Repurchase of Common Stock	-106M	-170M	-	-	-89M
Common Dividends Paid	-555M	-612M	-693M	-782M	-780M
Common & Preferred Stock Dividends Paid	-555M	-612M	-693M	-782M	-780M
Other Financing Activities, Total	-1M	-	-	-	-1M
Cash from Financing	-870M	-989M	-1.08B	-1.23B	-1.29B
Foreign Exchange Rate Adjustments	-205M	-31M	190M	41M	92M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-252M	-431M	666M	418M	-410M
Supplemental Items
Cash Interest Paid	92M	140M	220M	203M	247M
Cash Income Tax Paid (Refund)	151M	240M	251M	264M	179M
Levered Free Cash Flow	274M	623M	1.54B	1.42B	701M
Unlevered Free Cash Flow	334M	710M	1.68B	1.55B	815M
Change In Net Working Capital	698M	289M	-444M	-385M	505M
Net Debt Issued / Repaid	-363M	-230M	-416M	-471M	-418M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	4	4.41	4.26	3.81	4.09
Return on Total Capital	12.04	13.45	12.92	11.71	13.04
Return On Equity %	22.07	23.44	20.18	17.98	19.75
Return on Common Equity	22.07	23.44	20.18	17.98	19.75
Margin Analysis
Gross Profit Margin %	20.44	27.79	29.53	30.06	29.59
SG&A Margin	15.2	20.74	21.9	22.52	21.79
EBITDA Margin %	3.04	4.35	4.29	4.16	4.28
EBITA Margin %	2.55	3.73	3.63	3.53	3.73
EBIT Margin %	2.52	3.69	3.58	3.5	3.71
Income From Continuing Operations Margin %	1.85	2.62	2.31	2.24	2.35
Net Income Margin %	1.85	2.62	2.31	2.24	2.35
Net Avail. For Common Margin %	1.85	2.62	2.31	2.24	2.35
Normalized Net Income Margin	1.42	2.09	1.84	1.88	1.92
Levered Free Cash Flow Margin	0.66	1.92	4.44	4.11	1.88
Unlevered Free Cash Flow Margin	0.81	2.19	4.83	4.48	2.18
Asset Turnover
Asset Turnover	2.53	1.91	1.9	1.74	1.77
Fixed Assets Turnover	23.48	18.58	23.62	18.33	19.14
Receivables Turnover (Average Receivables)	7.12	5.16	4.86	4.4	4.24
Inventory Turnover (Average Inventory)	33.07	19.59	24.66	27.5	27.02
Short Term Liquidity
Current Ratio	0.91	0.87	0.93	0.94	0.94
Quick Ratio	0.69	0.69	0.78	0.8	0.8
Operating Cash Flow to Current Liabilities	0.1	0.08	0.15	0.14	0.08
Days Sales Outstanding (Average Receivables)	51.27	70.74	75.03	83.2	86.06
Days Outstanding Inventory (Average Inventory)	11.04	18.64	14.8	13.31	13.51
Average Days Payable Outstanding	74.11	114.43	120.87	133.57	134.64
Cash Conversion Cycle (Average Days)	-11.8	-25.06	-31.04	-37.06	-35.07
Long Term Solvency
Total Debt/Equity	53.17	53.73	50.11	49.72	48.18
Total Debt / Total Capital	34.71	34.95	33.38	33.21	32.52
LT Debt/Equity	42.89	28.27	40.03	39.32	37.74
Long-Term Debt / Total Capital	28	18.39	26.67	26.26	25.47
Total Liabilities / Total Assets	78	79.12	77.47	79.05	78.72
EBIT / Interest Expense	10.86	8.54	5.65	5.97	7.61
EBITDA / Interest Expense	16.52	12.35	8.39	9.07	11.19
(EBITDA - Capex) / Interest Expense	13.1	9.51	6.93	6.98	8.82
Total Debt / EBITDA	1.18	1.16	1.14	1.19	1.07
Net Debt / EBITDA	0.33	0.63	0.28	0.11	0.29
Total Debt / (EBITDA - Capex)	1.49	1.5	1.38	1.55	1.36
Net Debt / (EBITDA - Capex)	0.42	0.81	0.34	0.14	0.37
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	4.59	13.71	7.12	-0.35	8.09
Gross Profit, 1 Yr. Growth %	2.55	6.58	13.85	1.44	6.46
EBITDA, 1 Yr. Growth %	17.29	11.37	5.67	-3.56	11.98
EBITA, 1 Yr. Growth %	21.59	13.98	4.31	-2.94	15.1
EBIT, 1 Yr. Growth %	21.14	14.01	4.01	-2.65	15.32
Earnings From Cont. Operations, 1 Yr. Growth %	29.32	11.58	-5.66	-3.12	14.47
Net Income, 1 Yr. Growth %	29.32	11.58	-5.66	-3.12	14.47
Normalized Net Income, 1 Yr. Growth %	24.24	14.6	-5.72	1.96	11.55
Diluted EPS Before Extra, 1 Yr. Growth %	25.94	13.19	-5.43	-3.78	13.68
Accounts Receivable, 1 Yr. Growth %	-10.48	29.04	2.94	17.26	7.7
Inventory, 1 Yr. Growth %	49.44	0.59	-34.47	24.08	0
Net Property, Plant and Equip., 1 Yr. Growth %	-7.28	5.97	-0.07	6.46	0.67
Total Assets, 1 Yr. Growth %	-3.23	11.28	4.36	13.27	1.64
Tangible Book Value, 1 Yr. Growth %	-25.48	12.19	-17.17	6.35	-10.65
Common Equity, 1 Yr. Growth %	4.31	6.3	12.63	5.33	4.37
Cash From Operations, 1 Yr. Growth %	-21.04	-6.02	82.33	7.99	-40.63
Capital Expenditures, 1 Yr. Growth %	-0.61	21.04	-18.89	32.3	1.41
Levered Free Cash Flow, 1 Yr. Growth %	-77.34	124.4	147.19	-7.6	-52.92
Unlevered Free Cash Flow, 1 Yr. Growth %	-73.67	110.44	136.1	-7.61	-49.58
Dividend Per Share, 1 Yr. Growth %	10	13.64	12	0	7.14
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	6.17	-9.44	10.37	3.32	3.78
Gross Profit, 2 Yr. CAGR %	4.35	4.54	10.16	7.47	3.87
EBITDA, 2 Yr. CAGR %	15.61	14.79	8.49	0.95	3.56
EBITA, 2 Yr. CAGR %	18.41	18.06	9.03	0.62	5.26
EBIT, 2 Yr. CAGR %	18.24	17.86	8.9	0.63	5.52
Earnings From Cont. Operations, 2 Yr. CAGR %	19.98	19.89	2.6	-4.4	4.76
Net Income, 2 Yr. CAGR %	19.98	19.89	2.6	-4.4	4.76
Normalized Net Income, 2 Yr. CAGR %	19.49	19.77	3.94	-1.96	6.08
Diluted EPS Before Extra, 2 Yr. CAGR %	18.39	19.13	3.46	-4.61	4.05
Accounts Receivable, 2 Yr. CAGR %	8.33	7.48	14.89	9.87	12.38
Inventory, 2 Yr. CAGR %	22.17	22.6	-18.81	-9.83	11.39
Net Property, Plant and Equip., 2 Yr. CAGR %	6.45	-0.88	-6.85	15.06	3.52
Total Assets, 2 Yr. CAGR %	3.58	3.77	7.76	8.72	7.01
Tangible Book Value, 2 Yr. CAGR %	-15.77	-7.15	-3.6	-6.15	2.02
Common Equity, 2 Yr. CAGR %	7.14	4.96	9.42	8.92	3.99
Cash From Operations, 2 Yr. CAGR %	-23.99	-13.86	30.9	40.32	-19.93
Capital Expenditures, 2 Yr. CAGR %	17.89	9.68	-0.92	3.59	15.83
Levered Free Cash Flow, 2 Yr. CAGR %	-54.4	-28.21	135.52	51.13	-32.54
Unlevered Free Cash Flow, 2 Yr. CAGR %	-50.69	-25.15	122.9	47.7	-30.31
Dividend Per Share, 2 Yr. CAGR %	4.88	11.8	12.82	5.83	3.51
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	5.98	-4.03	-4.23	6.67	4.88
Gross Profit, 3 Yr. CAGR %	3.89	5.08	7.56	7.17	7.1
EBITDA, 3 Yr. CAGR %	11.93	14.51	11.67	4.31	4.26
EBITA, 3 Yr. CAGR %	13.4	17.14	13.28	4.89	4.94
EBIT, 3 Yr. CAGR %	14.77	17.04	13.05	4.9	5.01
Earnings From Cont. Operations, 3 Yr. CAGR %	17.78	16.96	10.68	0.65	1.17
Net Income, 3 Yr. CAGR %	17.78	16.96	10.68	0.65	1.17
Normalized Net Income, 3 Yr. CAGR %	13.95	18.13	10.58	3.28	1.99
Diluted EPS Before Extra, 3 Yr. CAGR %	16.29	16.46	10.31	0.99	0.79
Accounts Receivable, 3 Yr. CAGR %	-6.46	14.84	5.72	15.67	9.14
Inventory, 3 Yr. CAGR %	12.79	14.5	-0.5	-6.48	-6.67
Net Property, Plant and Equip., 3 Yr. CAGR %	40	6.29	-6.99	4.75	10.05
Total Assets, 3 Yr. CAGR %	2.79	6.09	3.97	9.57	6.12
Tangible Book Value, 3 Yr. CAGR %	-6.35	-6.37	-10.62	-0.39	-4.82
Common Equity, 3 Yr. CAGR %	2.93	6.63	7.46	8.04	6.8
Cash From Operations, 3 Yr. CAGR %	5.03	-18.42	10.6	22.77	5.34
Capital Expenditures, 3 Yr. CAGR %	2.23	18.93	-0.81	9.11	2.86
Levered Free Cash Flow, 3 Yr. CAGR %	-20.07	-22.08	8.41	72.42	4
Unlevered Free Cash Flow, 3 Yr. CAGR %	-16	-19.72	9.77	66.2	4.66
Dividend Per Share, 3 Yr. CAGR %	-5.42	7.72	11.87	8.37	6.27
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.79	-0.03	-0	-1.16	-1.1
Gross Profit, 5 Yr. CAGR %	33.63	33.17	6.35	6.03	6.07
EBITDA, 5 Yr. CAGR %	4.73	5.26	10.73	8.88	8.35
EBITA, 5 Yr. CAGR %	7.75	7.78	11.76	10.23	10
EBIT, 5 Yr. CAGR %	8.84	8.43	12.51	10.17	9.97
Earnings From Cont. Operations, 5 Yr. CAGR %	8.31	9.32	11.37	7.9	8.28
Net Income, 5 Yr. CAGR %	8.31	9.32	11.37	7.9	8.28
Normalized Net Income, 5 Yr. CAGR %	8.56	8.39	10	9.64	8.76
Diluted EPS Before Extra, 5 Yr. CAGR %	6.9	8.59	10.88	7.52	7.76
Accounts Receivable, 5 Yr. CAGR %	-1.7	0.54	1.55	12.68	8.33
Inventory, 5 Yr. CAGR %	14.39	15.18	-1.11	4.07	4.09
Net Property, Plant and Equip., 5 Yr. CAGR %	19.94	23.36	18.95	5.43	1.42
Total Assets, 5 Yr. CAGR %	3.59	3.67	4.75	7.13	5.17
Tangible Book Value, 5 Yr. CAGR %	-0.32	2.82	-4.68	-6.28	-5.76
Common Equity, 5 Yr. CAGR %	1.98	2.02	5.34	7.54	6.06
Cash From Operations, 5 Yr. CAGR %	-4.83	-3.61	14.7	1.34	-2.8
Capital Expenditures, 5 Yr. CAGR %	3.07	11.54	0.96	12.54	5.53
Levered Free Cash Flow, 5 Yr. CAGR %	-22.31	-8.25	23.48	1.56	-10.33
Unlevered Free Cash Flow, 5 Yr. CAGR %	-19.75	-6.34	24.39	2.45	-8.47
Dividend Per Share, 5 Yr. CAGR %	-3.29	-0.78	1.49	6.96	8.45