Cash flow Axactor ASA

Stocks

AXA

NO0010840515

Corporate Financial Services

Market Closed - Oslo Bors 10:45:00 2026-09-02 EDT			5-day change	1st Jan Change
5.190 ^NOK	0.00%		+4.01%	-33.29%

08-28	Axactor Asa Tap Issue of Senior Unsecured Bonds	CI
08-27	Axactor Closes Additional Issuance of EUR75 Million Bonds Due 2030	MT

04a9077bd.yKdZAQUeKAF__KnlU9b6YiqzPZljSBvdxly-607uf9s.jO4IUXRQcFQnnsyHIqGVFXDBUto3AXmI8mvSpy-UD4OA3hhkMlYfVRyK3g

Published financial data: AXACTOR ASA

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Revenues	-	-	-	-	-
Interest And Invest. Income (Rev)	168M	187M	211M	222M	199M
Other Revenues, Total	26.71M	47.68M	42.76M	-98.07M	55.43M
Total Revenues	195M	235M	254M	124M	255M
Cost of Goods Sold, Total	50.52M	1.5M	1.76M	1.6M	3.21M
Gross Profit	145M	234M	252M	122M	252M
Selling General & Admin Expenses, Total	61.31M	64.66M	66.58M	63.54M	64.61M
Depreciation & Amortization - (IS)	9.65M	8.9M	9.05M	11.56M	7.57M
Other Operating Expenses	57.97M	50.06M	53.87M	49.55M	54.09M
Other Operating Expenses, Total	129M	124M	129M	125M	126M
Operating Income	15.67M	110M	123M	-2.28M	125M
Interest Expense, Total	-52.9M	-57.9M	-81.59M	-89.14M	-75.56M
Interest And Investment Income	5K	203K	385K	5.45M	1.64M
Net Interest Expenses	-52.89M	-57.7M	-81.21M	-83.69M	-73.93M
Currency Exchange Gains (Loss)	-1.5M	550K	-815K	352K	345K
Other Non Operating Income (Expenses)	-380K	-1.07M	248K	-2.02M	-5.52M
EBT, Excl. Unusual Items	-39.1M	51.84M	41.02M	-87.63M	46.14M
Restructuring Charges	-1.59M	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Other Unusual Items	-	2.35M	415K	2.55M	1.26M
EBT, Incl. Unusual Items	-40.7M	54.19M	41.44M	-85.08M	47.41M
Income Tax Expense	5.3M	13.55M	7.87M	-6.02M	11.38M
Earnings From Continuing Operations	-45.99M	40.64M	33.56M	-79.06M	36.03M
Earnings Of Discontinued Operations	-	-3.4M	-2.55M	-	-
Net Income to Company	-45.99M	37.25M	31.01M	-79.06M	36.03M
Minority Interest	13.19M	-489K	-182K	-466K	-
Net Income - (IS)	-32.8M	36.76M	30.83M	-79.53M	36.03M
Net Income to Common Incl Extra Items	-32.8M	36.76M	30.83M	-79.53M	36.03M
Net Income to Common Excl. Extra Items	-32.8M	40.16M	33.38M	-79.53M	36.03M
Per Share Items
Net EPS - Basic	-0.11	0.12	0.1	-0.26	0.12
Basic EPS - Continuing Operations	-0.11	0.13	0.11	-0.26	0.12
Basic Weighted Average Shares Outstanding	293M	302M	302M	302M	302M
Net EPS - Diluted	-0.11	0.12	0.1	-0.26	0.12
Diluted EPS - Continuing Operations	-0.11	0.13	0.11	-0.26	0.12
Diluted Weighted Average Shares Outstanding	293M	302M	302M	302M	302M
Normalized Basic EPS	-0.04	0.11	0.08	-0.18	0.1
Normalized Diluted EPS	-0.04	0.11	0.08	-0.18	0.1
Supplemental Items
EBITDA	18.21M	111M	124M	-121K	126M
EBITA	17.34M	111M	123M	-2.28M	125M
EBIT	15.67M	110M	123M	-2.28M	125M
EBITDAR	-	-	-	-	-
Total Revenues (As Reported)	195M	240M	257M	128M	258M
Effective Tax Rate - (Ratio)	-13.01	25	19	7.07	24
Normalized Net Income	-11.25M	31.91M	25.46M	-55.24M	28.84M
Interest on Long-Term Debt	53.32M	702K	743K	881K	-
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	180K	462K	451K	382K	-
Stock-Based Comp., Other (Total)	-	-	-	382K	319K
Total Stock-Based Compensation	180K	462K	451K	764K	319K

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Assets
Cash And Equivalents	38.16M	29.04M	31.83M	32.99M	35.59M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	38.16M	29.04M	31.83M	32.99M	35.59M
Accounts Receivable, Total	9.81M	6.38M	14.2M	7.73M	6.2M
Other Receivables	-	5.75M	7.15M	8.17M	10.31M
Total Receivables	9.81M	12.12M	21.34M	15.9M	16.5M
Inventory	29.31M	3.23M	2.66M	4.18M	4.15M
Prepaid Expenses	7.63M	7.63M	9.65M	23.24M	23.45M
Restricted Cash	5.8M	7.03M	2.61M	1.88M	1.97M
Other Current Assets, Total	5.77M	28.31M	2.83M	5.75M	2.72M
Total Current Assets	96.48M	87.36M	70.94M	83.93M	84.38M
Gross Property Plant And Equipment	16.95M	19.05M	18.84M	15.2M	13.12M
Accumulated Depreciation	-3.89M	-4.92M	-5.2M	-5.54M	-5.88M
Net Property Plant And Equipment	13.06M	14.13M	13.64M	9.66M	7.24M
Long-term Investments	1.1B	1.25B	1.27B	1.09B	1.08B
Goodwill	55.96M	61.07M	59.8M	58.87M	58.86M
Other Intangibles, Total	17.82M	16.62M	15.12M	12M	9.98M
Deferred Tax Assets Long-Term	13.7M	5.36M	8.5M	12.32M	13.86M
Other Long-Term Assets, Total	340K	607K	2.5M	1.43M	1.61M
Total Assets	1.29B	1.44B	1.44B	1.27B	1.25B
Liabilities
Accounts Payable, Total	7.28M	7.14M	4.06M	3.92M	5.99M
Accrued Expenses, Total	11M	10.57M	26M	22.62M	22.08M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	3.84M	500M	-	-	64.92M
Current Portion of Leases	2.18M	2.84M	3.19M	3.35M	3.49M
Current Income Taxes Payable	20.26M	17.58M	12.24M	2.41M	5.08M
Other Current Liabilities	15.94M	24.79M	5.42M	3.55M	1.12M
Total Current Liabilities	60.51M	563M	50.92M	35.83M	103M
Long-Term Debt	834M	446M	939M	885M	772M
Long-Term Leases	8.87M	9.4M	8.97M	7.08M	2.34M
Pension & Other Post Retirement Benefits	1.29M	1.57M	1.66M	1.16M	942K
Deferred Tax Liability Non Current	6.14M	6.14M	10.55M	1.8M	29K
Other Non Current Liabilities	701K	1.85M	1.08M	3.41M	6.56M
Total Liabilities	912M	1.03B	1.01B	934M	885M
Common Stock, Total	158M	158M	158M	158M	158M
Additional Paid In Capital	270M	270M	271M	271M	271M
Retained Earnings	-40.48M	-3.7M	27.08M	-52.45M	-25.71M
Comprehensive Income and Other	-7.32M	-9.02M	-23.08M	-36.09M	-36.08M
Total Common Equity	380M	416M	433M	341M	368M
Minority Interest	976K	-5.44M	-9.67M	-9.2M	-
Total Equity	381M	411M	424M	332M	368M
Total Liabilities And Equity	1.29B	1.44B	1.44B	1.27B	1.25B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	302M	302M	302M	302M	302M
ECS Total Common Shares Outstanding	302M	302M	302M	302M	302M
Book Value / Share	1.26	1.38	1.43	1.13	1.22
Tangible Book Value	306M	338M	358M	270M	299M
Tangible Book Value Per Share	1.01	1.12	1.19	0.89	0.99
Total Debt	849M	958M	951M	895M	843M
Net Debt	811M	928M	919M	862M	807M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	-	-
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	976K	-5.44M	-9.67M	-9.2M	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Finished Goods, Total	35.22M	3.23M	2.66M	4.18M	4.15M
Land - (BS)	-	-	-	-	-
Machinery, Total	6.18M	7.29M	7.24M	7.38M	8.16M
Full Time Employees	863	992	975	1.04K	1.1K
Part Time Employees	204	212	233	244	255
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Net Income	-32.8M	36.76M	30.83M	-79.53M	36.03M
Depreciation & Amortization - CF	3.8M	3.85M	4.16M	5.83M	2.98M
Amortization of Goodwill and Intangible Assets - (CF)	1.67M	561K	-	-	-
Depreciation & Amortization, Total	5.47M	4.42M	4.16M	5.83M	2.98M
Amortization of Deferred Charges, Total - (CF)	4.19M	4.48M	4.88M	5.73M	4.6M
(Gain) Loss From Sale Of Asset	149M	97.22M	88.84M	287M	76.26M
Net (Increase) Decrease in Loans Originated / Sold - Operating	-	-291M	-120M	-129M	-59.14M
Stock-Based Compensation (CF)	180K	462K	450K	382K	319K
Net Cash From Discontinued Operations	-	11.31M	2.8M	-	-
Other Operating Activities, Total	-21.02M	63.86M	80.23M	55.28M	82.92M
Change in Other Net Operating Assets	4.99M	1.29M	-7.32M	-6.89M	-498K
Cash from Operations	110M	-71.02M	84.9M	139M	143M
Capital Expenditure	-4.72M	-1.03M	-417K	-511K	-1.09M
Cash Acquisitions	-	-3.08M	-	-	-
Sale (Purchase) of Intangible assets	-	-3.83M	-3.46M	-2.56M	-2.57M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	6K	203K	385K	-	-
Cash from Investing	-4.71M	-7.74M	-3.49M	-3.07M	-3.66M
Long-Term Debt Issued, Total	542M	354M	343M	42M	171M
Total Debt Issued	542M	354M	343M	42M	171M
Long-Term Debt Repaid, Total	-631M	-225M	-345M	-93.05M	-229M
Total Debt Repaid	-631M	-225M	-345M	-93.05M	-229M
Issuance of Common Stock	50.79M	-	-	-	-
Other Financing Activities, Total	-74.17M	-53.39M	-84.1M	-82.13M	-78.95M
Cash from Financing	-112M	75.91M	-85.85M	-133M	-137M
Foreign Exchange Rate Adjustments	759K	-1.41M	-802K	-1.75M	185K
Miscellaneous Cash Flow Adjustments	-1K	1K	-	-	-
Net Change in Cash	-6.77M	-4.27M	-5.24M	1.16M	2.6M
Supplemental Items
Cash Interest Paid	42.05M	51.07M	67.74M	87.47M	71.16M
Cash Income Tax Paid (Refund)	3.26M	10.71M	11.62M	23.58M	9.17M
Levered Free Cash Flow	39.71M	42.7M	34.06M	-74.96M	39.22M
Unlevered Free Cash Flow	72.77M	78.89M	85.05M	-19.25M	86.45M
Change In Net Working Capital	-57.86M	-5.61M	-2.68M	27.07M	-3.94M
Net Debt Issued / Repaid	-89M	129M	-1.74M	-51.05M	-58.42M

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Profitability
Return on Assets	0.74	5.04	5.34	-0.11	6.22
Return on Total Capital	0.77	5.29	5.6	-0.11	6.42
Return On Equity %	-12.15	10.27	8.05	-20.94	10.3
Return on Common Equity	-9.62	10.09	7.86	-20.55	10.17
Margin Analysis
Gross Profit Margin %	74.11	99.36	99.31	98.71	98.74
SG&A Margin	31.42	27.49	26.21	51.26	25.36
EBITDA Margin %	9.33	47.37	48.63	-0.1	49.42
EBITA Margin %	8.88	47.04	48.34	-1.84	49.17
EBIT Margin %	8.03	46.8	48.34	-1.84	49.17
Income From Continuing Operations Margin %	-23.57	17.28	13.21	-63.77	14.14
Net Income Margin %	-16.81	15.63	12.14	-64.15	14.14
Net Avail. For Common Margin %	-16.81	17.08	13.14	-64.15	14.14
Normalized Net Income Margin	-5.76	13.57	10.02	-44.56	11.32
Levered Free Cash Flow Margin	20.35	18.16	13.41	-60.47	15.4
Unlevered Free Cash Flow Margin	37.29	33.55	33.48	-15.53	33.94
Asset Turnover
Asset Turnover	0.15	0.17	0.18	0.09	0.2
Fixed Assets Turnover	19.12	17.3	18.3	10.64	30.14
Receivables Turnover (Average Receivables)	-	-	-	-	-
Inventory Turnover (Average Inventory)	0.93	0.09	0.6	0.47	0.77
Short Term Liquidity
Current Ratio	1.59	0.16	1.39	2.34	0.82
Quick Ratio	0.79	0.07	1.04	1.36	0.51
Operating Cash Flow to Current Liabilities	1.81	-0.13	1.67	3.88	1.4
Days Sales Outstanding (Average Receivables)	-	-	-	-	-
Days Outstanding Inventory (Average Inventory)	390.53	3.97K	611.51	783.27	473.66
Average Days Payable Outstanding	2.36K	-107.07	1.71K	468.34	569.58
Long Term Solvency
Total Debt/Equity	222.77	233.21	224.6	269.89	229.19
Total Debt / Total Capital	69.02	69.99	69.19	72.96	69.62
LT Debt/Equity	221.19	110.81	223.85	268.88	210.58
Long-Term Debt / Total Capital	68.53	33.26	68.96	72.69	63.97
Total Liabilities / Total Assets	70.52	71.44	70.5	73.8	70.64
EBIT / Interest Expense	0.3	1.9	1.5	-0.03	1.66
EBITDA / Interest Expense	0.4	1.98	1.56	0.04	1.7
(EBITDA - Capex) / Interest Expense	0.31	1.96	1.55	0.03	1.68
Total Debt / EBITDA	40.18	8.36	7.49	252.23	6.57
Net Debt / EBITDA	38.38	8.11	7.24	242.93	6.3
Total Debt / (EBITDA - Capex)	51.73	8.44	7.52	294.65	6.63
Net Debt / (EBITDA - Capex)	49.4	8.18	7.27	283.79	6.35
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-3.01	51.45	8.03	-51.2	105.48
Gross Profit, 1 Yr. Growth %	-2.45	52.58	7.97	-51.5	105.54
EBITDA, 1 Yr. Growth %	-28.78	218.19	11.41	-100.1	-104K
EBITA, 1 Yr. Growth %	-29.45	224.02	11.52	-101.86	-5.6K
EBIT, 1 Yr. Growth %	-26.21	238.91	11.57	-101.86	-5.6K
Earnings From Cont. Operations, 1 Yr. Growth %	35.26	-260.07	-17.42	-335.55	-145.57
Net Income, 1 Yr. Growth %	80.89	-212.07	-16.12	-357.95	-145.31
Normalized Net Income, 1 Yr. Growth %	166.28	-400.68	-20.23	-298.16	-152.21
Diluted EPS Before Extra, 1 Yr. Growth %	12.7	-259.55	-16.87	-316.11	-145.31
Accounts Receivable, 1 Yr. Growth %	-2.95	-9.69	17.11	16.49	-19.84
Inventory, 1 Yr. Growth %	-62.8	-88.98	-17.52	56.91	-0.81
Net Property, Plant and Equip., 1 Yr. Growth %	77.51	8.2	-3.46	-29.19	-25.01
Total Assets, 1 Yr. Growth %	-5.17	11.18	-0.14	-11.85	-1.05
Tangible Book Value, 1 Yr. Growth %	35.2	10.39	5.89	-24.64	10.71
Common Equity, 1 Yr. Growth %	26.1	9.4	4.13	-21.31	7.89
Cash From Operations, 1 Yr. Growth %	-6.67K	-164.83	-219.53	55.83	3.08
Capital Expenditures, 1 Yr. Growth %	642.99	-78.17	-59.51	22.54	113.89
Levered Free Cash Flow, 1 Yr. Growth %	1.62	-18.79	-27.34	-317.23	-152.06
Unlevered Free Cash Flow, 1 Yr. Growth %	-7.65	-5.26	2.4	-122.51	-540.42
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-17.28	8.12	27.91	-27.39	0.13
Gross Profit, 2 Yr. CAGR %	-17.15	25.55	28.35	-27.63	-0.15
EBITDA, 2 Yr. CAGR %	-54.16	108.75	87.86	-96.7	0.94
EBITA, 2 Yr. CAGR %	-55.01	112.16	89.65	-85.62	0.99
EBIT, 2 Yr. CAGR %	-56.29	127.64	94.46	-85.61	0.99
Earnings From Cont. Operations, 2 Yr. CAGR %	48.1	9.33	14.97	39.47	3.61
Net Income, 2 Yr. CAGR %	41.74	42.38	-3.05	47.09	8.1
Normalized Net Income, 2 Yr. CAGR %	-15.51	174.89	54.87	31.56	1.72
Diluted EPS Before Extra, 2 Yr. CAGR %	9.74	15.64	15.17	40.73	-1.05
Accounts Receivable, 2 Yr. CAGR %	-28.28	-20.59	41.81	-20.15	-3.37
Inventory, 2 Yr. CAGR %	-52.34	-79.75	-69.85	13.76	24.75
Net Property, Plant and Equip., 2 Yr. CAGR %	22.17	38.59	2.2	-17.32	-27.13
Total Assets, 2 Yr. CAGR %	-2.9	2.68	5.37	-6.18	-6.6
Tangible Book Value, 2 Yr. CAGR %	22.88	22.17	8.12	-10.67	-8.66
Common Equity, 2 Yr. CAGR %	16.4	17.46	6.73	-9.48	-7.86
Cash From Operations, 2 Yr. CAGR %	-17.07	552.54	-11.97	39.98	26.74
Capital Expenditures, 2 Yr. CAGR %	-30.05	27.36	-70.27	-29.56	61.9
Levered Free Cash Flow, 2 Yr. CAGR %	-35.07	4.54	-19.52	26.46	6.61
Unlevered Free Cash Flow, 2 Yr. CAGR %	-24.07	0.06	1.07	-51.86	0.55
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-1.94	-6.22	8.09	-7.23	2.7
Gross Profit, 3 Yr. CAGR %	13.68	3.51	19.39	-7.2	2.48
EBITDA, 3 Yr. CAGR %	-25.97	8.74	69.07	-84.88	4.32
EBITA, 3 Yr. CAGR %	-26.78	8.9	70.96	-59.44	4.39
EBIT, 3 Yr. CAGR %	-27.01	10.3	79.48	-58.76	4.4
Earnings From Cont. Operations, 3 Yr. CAGR %	168.01	24.68	-0.43	46.02	-3.94
Net Income, 3 Yr. CAGR %	94	31.06	19.36	34.35	-0.66
Normalized Net Income, 3 Yr. CAGR %	23.62	26.53	81.99	73.3	-3.32
Diluted EPS Before Extra, 3 Yr. CAGR %	62.71	12.64	3.59	46.74	-3.55
Accounts Receivable, 3 Yr. CAGR %	-15.8	-30.61	11.97	3.07	-20.05
Inventory, 3 Yr. CAGR %	-47.28	-70.75	-67.66	-47.75	8.68
Net Property, Plant and Equip., 3 Yr. CAGR %	69.47	17.32	22.85	-9.56	-19.97
Total Assets, 3 Yr. CAGR %	5.29	1.58	1.73	-0.71	-4.5
Tangible Book Value, 3 Yr. CAGR %	17.35	18.57	16.48	-4.14	-4.05
Common Equity, 3 Yr. CAGR %	12.88	14.02	12.83	-3.58	-4.03
Cash From Operations, 3 Yr. CAGR %	-7.01	-23.61	270.6	8.3	26.41
Capital Expenditures, 3 Yr. CAGR %	-12.3	-52.55	-13.08	-52.33	2
Levered Free Cash Flow, 3 Yr. CAGR %	3.97	-23.18	-4.48	12.55	-5.77
Unlevered Free Cash Flow, 3 Yr. CAGR %	67.58	-14.5	2.58	-38.63	1.34
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	39.4	21.8	4.19	-15.35	4.83
Gross Profit, 5 Yr. CAGR %	56.81	31.01	20.71	-10.3	11.15
EBITDA, 5 Yr. CAGR %	20.35	56.32	22.45	-73.15	37.55
EBITA, 5 Yr. CAGR %	18.1	57.88	22.7	-51.59	38.5
EBIT, 5 Yr. CAGR %	10.27	71.36	24.96	-51.17	42.6
Earnings From Cont. Operations, 5 Yr. CAGR %	32.72	73.5	69.64	30.4	1.17
Net Income, 5 Yr. CAGR %	24.04	69.63	47	37.25	14.72
Normalized Net Income, 5 Yr. CAGR %	8.07	90.69	33.73	28.52	46.85
Diluted EPS Before Extra, 5 Yr. CAGR %	-3.17	46.46	33.56	23.13	3.71
Accounts Receivable, 5 Yr. CAGR %	-0.66	-15.07	-2.89	-16.53	-9.33
Inventory, 5 Yr. CAGR %	-	-53.84	-57.84	-49.64	-44.51
Net Property, Plant and Equip., 5 Yr. CAGR %	40.74	41.41	38.43	2	-0.31
Total Assets, 5 Yr. CAGR %	35.58	18.23	5.32	-1.59	-1.69
Tangible Book Value, 5 Yr. CAGR %	22.51	12.46	13.56	5.87	5.69
Common Equity, 5 Yr. CAGR %	15.77	9.85	10.38	3.96	4.05
Cash From Operations, 5 Yr. CAGR %	51.42	24.87	-9.03	-2.67	143.73
Capital Expenditures, 5 Yr. CAGR %	16.39	-28.21	-43.11	-44.43	11.47
Levered Free Cash Flow, 5 Yr. CAGR %	32.79	-22.44	-0.73	-4.46	0.08
Unlevered Free Cash Flow, 5 Yr. CAGR %	54.13	-11.8	40.64	-31.35	1.87