Annual report

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45.8 NOK bn.

Ferd's total value-adjusted equity

  • Value-adjusted equity
  • Return on equity %
  • Liquidity

Cash and liquid investments less bank debt

Letter from the CEO

“For 175 years, the Andresen family and Ferd have been engaged in industrial ownership and investments through changing times. Even as times change, the value of active and responsible ownership remains.”

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Morten Borge, CEO

Ferd’s financial results for 2023

Ferd’s value-adjusted equity totalled NOK 45.8 billion as at 31 December, up from NOK 43.0 billion as at 31 December 2022. In total, Ferd achieved a return on value-adjusted equity of 8.6 percent. After adjusting for the NOK 893 million in dividend paid to Ferd’s owners, the return in NOK terms was NOK 3.7 billion.

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