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Last updated: April 2026

ORK FINANCIAL STATEMENTS

Orkla ASA — balance sheet, income statement and cash flow trends

ORKOrkla ASA

🇳🇴 Norway · OL · Consumer Defensive · Packaged Foods

Value itDuel
PriceFinancialsPeers

Income Statement

Quarterly progression — trailing-twelve-month values
RevenueNet Income
020 B40 B60 B202120222023202420252026

Profit Funnel

Q1 2026 · TTM
Revenue71.8 B NOKGross Profit35.6 B NOK · 50%Operating Income7.1 B NOK · 10%Pre-tax Income8.4 B NOK · 12%Net Income11.4 B NOK · 16%

Percentages are relative to revenue.

Key Figures

YoY change
Revenue71.8 B NOK+2.0%
Gross Profit35.6 B NOK-49.4%
Operating Income7.1 B NOK-0.7%
EBITDA5.9 B NOK-50.7%
Net Income11.4 B NOK+78.2%

Peer Comparison· Packaged Foods

CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
ORK2.0%49.6%8.2%15.8%
SAP-3.4%12.1%9.5%3.6%
SJM3.7%33.5%11.3%-1.5%
DAR11.3%16.7%15.8%3.5%
HRL2.5%15.7%8.2%3.8%
MKC9.5%38.6%18.6%22.0%
Industry median3.5%20.5%10.1%1.9%
CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
ORK2.0%49.6%8.2%15.8%
SALM15.0%46.6%3.5%7.1%
Industry median3.5%20.5%10.1%1.9%

Balance Sheet

Quarterly period-end values
Total AssetsTotal LiabilitiesEquity
025 B50 B75 B202120222023202420252026

Capital Structure

Q1 2026
Total Assets89.9 B
  • Equity47.6 B NOK55%
  • Current Liabilities18.8 B NOK22%
  • Long-term Liabilities20.1 B NOK23%

Key Figures

YoY change
Total Assets89.9 B NOK+0.1%
Total Liabilities38.8 B NOK+1.3%
Total Equity47.6 B NOK-1.2%
Cash & ST Investments——
Total Debt——
Net Debt11.8 B NOK-32.6%

Peer Comparison· Packaged Foods

CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
ORK1.40——53.0%
SAP1.7148.1%1.6250.0%
SJM0.78127.9%6.8534.2%
DAR1.5889.1%4.2245.8%
HRL1.9435.9%1.9959.6%
MKC0.7870.5%3.3542.5%
Industry median1.5548.1%1.9949.7%
CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
ORK1.40——53.0%
SALM1.52——32.7%
Industry median1.5548.1%1.9949.7%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values
Operating Cash FlowCapital ExpendituresFree Cash Flow
05 B10 B15 B202120222023202420252026

Cash Flow Bridge

Q1 2026 · TTM
010 B20 B15.3 B NOKOperating7.1 B NOKInvesting-19.6 B NOKFinancing2.8 B NOKNet Change

Key Figures

YoY change
Operating Cash Flow15.3 B NOK+64.3%
Capital Expenditures4.1 B NOK+110.6%
Free Cash Flow7.3 B NOK-1.5%
Dividends Paid20.7 B NOK+235.7%

Peer Comparison· Packaged Foods

CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
ORK21.3%10.1%5.7%134.8%
SAP8.2%6.4%1.8%224.4%
SJM16.3%12.8%3.5%-1,062.4%
DAR15.3%8.7%6.5%431.6%
HRL8.2%5.7%2.6%215.9%
MKC16.7%15.7%3.3%75.6%
Industry median8.3%5.8%3.5%79.8%
CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
ORK21.3%10.1%5.7%134.8%
SALM25.2%10.7%15.2%356.4%
Industry median8.3%5.8%3.5%79.8%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

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Data on this page refreshes once per day. Price data as of Jul 6, 26. This content is for informational purposes only and is not investment advice.