Mowi ASA (MOWI.OL)

Consumer Defensive | Agricultural Farm Products
Income Statement (Quarterly) 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenue 1,352,700,000 1,500,200,000 1,441,700,000 1,334,000,000
Cost of Revenue 830,500,000 576,500,000 918,000,000 792,900,000
Gross Profit 522,200,000 923,700,000 523,700,000 541,100,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 0 0 181,700,000 160,300,000
Operating Expenses 472,300,000 505,800,000 454,200,000 440,000,000
Operating Income 49,900,000 417,900,000 69,500,000 93,100,000
Interest Expense 32,900,000 34,600,000 36,900,000 37,500,000
Income Before Tax 3,800,000 330,000,000 40,000,000 55,400,000
Income Tax Expense -13,600,000 115,800,000 -12,400,000 17,700,000
Net Income 24,800,000 215,600,000 48,900,000 36,400,000
Per Share
EPS 0.05 0.42 0.09 0.07
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenue 5,603,800,000 5,505,800,000 4,907,300,000 4,165,900,000 3,732,200,000
Cost of Revenue 2,799,400,000 2,978,200,000 2,233,600,000 2,071,700,000 2,116,000,000
Gross Profit 2,804,400,000 2,527,600,000 2,673,700,000 2,094,200,000 1,616,200,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 123,100,000 586,700,000 111,900,000 111,300,000 98,400,000
Operating Expenses 1,933,800,000 622,000,000 1,581,400,000 1,442,800,000 1,414,100,000
Operating Income 833,200,000 1,905,600,000 1,124,700,000 651,400,000 202,100,000
Interest Expense 143,500,000 113,100,000 52,600,000 59,100,000 63,100,000
Income Before Tax 631,700,000 898,700,000 1,000,900,000 593,400,000 120,600,000
Income Tax Expense 156,900,000 459,200,000 215,500,000 105,500,000 1,400,000
Net Income 468,500,000 444,400,000 782,400,000 487,600,000 117,500,000
Per Share
EPS 0.91 0.86 1.51 0.94 0.23
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets
Cash and Cash Equivalents 276,700,000 288,400,000 170,900,000 94,900,000
Short Term Investments 0 3,700,000 6,000,000 8,200,000
Net Receivables 774,500,000 67,000,000 0 0
Inventory 2,896,900,000 2,748,700,000 2,516,400,000 1,913,600,000
Total Current Assets 4,111,900,000 3,979,500,000 3,488,900,000 2,717,400,000
Property Plant Equipment 2,508,400,000 2,354,000,000 2,162,700,000 2,016,900,000
Goodwill and Intangibles 1,631,900,000 1,614,600,000 1,595,500,000 1,267,700,000
Total Assets 8,554,700,000 8,239,000,000 7,531,300,000 6,259,500,000
Liabilities
Account Payables 517,900,000 560,700,000 437,000,000 392,800,000
Short Term Debt 379,400,000 174,600,000 385,100,000 182,700,000
Total Current Liabilities 1,411,700,000 1,264,800,000 1,488,400,000 972,900,000
Long Term Debt 2,295,700,000 2,392,300,000 2,015,200,000 1,694,700,000
Total Liabilities 4,549,100,000 4,484,300,001 3,844,100,000 3,128,100,000
Shareholders Equity
Retained Earnings 0 0 0 0
Total Shareholders Equity 3,839,200,000 3,593,300,000 3,507,500,000 3,129,000,000
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets
Cash and Cash Equivalents 276,700,000 288,400,000 170,900,000 94,900,000 100,300,000
Short Term Investments 0 3,700,000 6,000,000 8,200,000 0
Net Receivables 774,500,000 67,000,000 0 0 0
Inventory 2,896,900,000 2,748,700,000 2,516,400,000 1,913,600,000 1,750,800,000
Total Current Assets 4,111,900,000 3,979,500,000 3,488,900,000 2,717,400,000 2,508,900,000
Property Plant Equipment 2,508,400,000 2,354,000,000 2,162,700,000 2,016,900,000 1,931,100,000
Goodwill and Intangibles 1,631,900,000 1,614,600,000 1,595,500,000 1,267,700,000 1,210,400,000
Total Assets 8,554,700,000 8,239,000,000 7,531,300,000 6,259,500,000 5,846,200,000
Liabilities
Account Payables 517,900,000 560,700,000 437,000,000 392,800,000 316,500,000
Short Term Debt 379,400,000 174,600,000 385,100,000 182,700,000 153,200,000
Total Current Liabilities 1,411,700,000 1,264,800,000 1,488,400,000 972,900,000 719,500,000
Long Term Debt 2,295,700,000 2,392,300,000 2,015,200,000 1,694,700,000 1,945,500,000
Total Liabilities 4,549,100,000 4,484,300,001 3,844,100,000 3,128,100,000 3,082,000,000
Shareholders Equity
Retained Earnings 0 0 0 0 0
Total Shareholders Equity 3,839,200,000 3,593,300,000 3,507,500,000 3,129,000,000 2,762,000,000
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Activities
Net Income 468,500,000 898,700,000 1,000,900,000 487,600,000
Depreciation & Amortization 442,500,000 402,600,000 386,600,000 0
Stock Based Compensation 6,000,000 4,800,000 0 0
Change in Working Capital -44,200,000 -173,500,000 -491,400,000 -26,400,000
Operating Cash Flow 916,600,000 992,200,000 644,800,000 833,100,000
Investing Activities
Capital Expenditure -374,200,000 -396,300,000 -335,200,000 -244,700,000
Investments -374,200,000 -396,300,000 -335,200,000 -244,700,000
Investing Cash Flow -332,100,000 -413,600,000 -469,400,000 -133,700,000
Financing Activities
Debt Repayment 55,400,000 -158,900,000 0 -209,600,000
Common Stock Issued/Repurchased 0 0 0 0
Dividends Paid -293,500,000 -325,500,000 -380,600,000 -226,800,000
Financing Cash Flow -598,300,000 -458,200,000 -99,900,000 -706,600,000
Summary
Free Cash Flow 542,400,000 595,900,000 309,600,000 588,400,000
Net Change in Cash -11,700,000 117,600,000 75,900,000 -5,400,000
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Activities
Net Income 468,500,000 898,700,000 1,000,900,000 487,600,000 117,500,000
Depreciation & Amortization 442,500,000 402,600,000 386,600,000 0 338,100,000
Stock Based Compensation 6,000,000 4,800,000 0 0 0
Change in Working Capital -44,200,000 -173,500,000 -491,400,000 -26,400,000 -56,500,000
Operating Cash Flow 916,600,000 992,200,000 644,800,000 833,100,000 502,700,000
Investing Activities
Capital Expenditure -374,200,000 -396,300,000 -335,200,000 -244,700,000 -315,800,000
Investments -374,200,000 -396,300,000 -335,200,000 -244,700,000 -315,800,000
Investing Cash Flow -332,100,000 -413,600,000 -469,400,000 -133,700,000 -283,400,000
Financing Activities
Debt Repayment 55,400,000 -158,900,000 0 -209,600,000 -89,500,000
Common Stock Issued/Repurchased 0 0 0 0 0
Dividends Paid -293,500,000 -325,500,000 -380,600,000 -226,800,000 -132,900,000
Financing Cash Flow -598,300,000 -458,200,000 -99,900,000 -706,600,000 -238,100,000
Summary
Free Cash Flow 542,400,000 595,900,000 309,600,000 588,400,000 186,900,000
Net Change in Cash -11,700,000 117,600,000 75,900,000 -5,400,000 -17,200,000