Business Segments Scatec ASA

Stocks

SSO

NO0010715139

Independent Power Producers

Real-time Oslo Bors Other stock markets 05:20:16 08/07/2026 pm IST			5-day change	1st Jan Change
95.40 ^NOK	-1.65%		-1.85%	-10.17%

03/07	SB1 upgrades Scatec to buy, attractive valuation	FW
03/07	SB1 Markets upgrades Scatec to buy (neutral), reiterates price target of 120 Norwegian kroner	FW

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Operating Income: Breakdown by Business Segment

Breakdown by Business Segment (NOK)

Fiscal Period: December	2021	2022	2023	2024	2025
Heavy Construction
Development & Construction	14Cr	106.9Cr	817.6Cr	229.1Cr	575.2Cr
Gross Profit	1.6Cr	11Cr	99Cr	44Cr	71Cr
EBITDA	-22Cr	-22Cr	67Cr	18Cr	46Cr
D&A	7.8Cr	14Cr	6.5Cr	7.2Cr	6Cr
Operating Income	-30Cr	-36Cr	61Cr	11Cr	40Cr
Electric Power By Solar Energy
Power Production	417.6Cr	452.1Cr	411.4Cr	470.7Cr	476.2Cr
Gross Profit	362Cr	366.9Cr	411.3Cr	550.3Cr	518.8Cr
EBITDA	294.9Cr	283.5Cr	321.6Cr	463.6Cr	422.8Cr
D&A	97Cr	191.8Cr	158.5Cr	142.4Cr	141.8Cr
Operating Income	197.7Cr	92Cr	163.1Cr	321.2Cr	281.1Cr
Unallocated Residual Ownerships Interests	119.6Cr	130.8Cr	315.5Cr	198Cr	156.7Cr
Gross Profit	118.6Cr	116.3Cr	126.8Cr	159.4Cr	121.1Cr
EBITDA	97Cr	93Cr	103.2Cr	136Cr	101.4Cr
D&A	33Cr	41Cr	32Cr	40Cr	35Cr
Operating Income	64Cr	52Cr	71Cr	96Cr	67Cr
Eliminations	-	-	-	-	-
Gross Profit	-	-	-	-	-
EBITDA	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Elimination of Equity Consolidated Entities	-233.4Cr	-279.9Cr	-211.2Cr	-201.2Cr	-238.2Cr
Gross Profit	-100.9Cr	-113.6Cr	-161.3Cr	-129Cr	-176.5Cr
EBITDA	-75Cr	-82Cr	-120.4Cr	-92Cr	-140.8Cr
D&A	-37Cr	-51Cr	-94Cr	-54Cr	-60Cr
Operating Income	-38Cr	-31Cr	-26Cr	-37Cr	-81Cr
Other Eliminations	-44Cr	-146.5Cr	-903.7Cr	-265.7Cr	-613.2Cr
Gross Profit	-31Cr	-42Cr	-47Cr	27Cr	-18Cr
EBITDA	-10L	-11Cr	-11Cr	28Cr	-23Cr
D&A	-15Cr	-16Cr	-14Cr	-9.6Cr	-12Cr
Operating Income	15Cr	4.9Cr	2.9Cr	38Cr	-11Cr
General Management Services
Corporate	4.2Cr	5.6Cr	5Cr	5.9Cr	6.1Cr
Gross Profit	4.2Cr	5.7Cr	5Cr	5.9Cr	6.1Cr
EBITDA	-11Cr	-14Cr	-16Cr	-12Cr	-12Cr
D&A	2.6Cr	2.9Cr	3.6Cr	4Cr	6.2Cr
Operating Income	-14Cr	-17Cr	-20Cr	-16Cr	-18Cr
Construction Support Services
Services	26Cr	31Cr	37Cr	-	-
Gross Profit	26Cr	31Cr	38Cr	-	-
EBITDA	7.5Cr	7.4Cr	12Cr	-	-
D&A	50L	60L	60L	-	-
Operating Income	7Cr	6.8Cr	11Cr	-	-

Geographical Revenue Distribution History

Geographical breakdown of sales (NOK)

Fiscal Period: December	2021	2022	2023	2024	2025
South Africa	113.5Cr	110.6Cr	107.3Cr	182.9Cr	138.1Cr
Total Assets	324.5Cr	415.5Cr	955.4Cr	1.01TCr	1.16TCr
Egypt	60Cr	64Cr	66Cr	65Cr	62Cr
Total Assets	307.4Cr	341.1Cr	345.3Cr	399.8Cr	706.3Cr
Ukraine	30Cr	18Cr	44Cr	54Cr	49Cr
Total Assets	261.6Cr	192.2Cr	199.3Cr	210.8Cr	202.7Cr
Malaysia	35Cr	35Cr	36Cr	37Cr	39Cr
Total Assets	268.3Cr	272.8Cr	257Cr	282.5Cr	260.2Cr
Pakistan	-	-	-	7.4Cr	18Cr
Total Assets	11Cr	38Cr	96Cr	122.7Cr	104.1Cr
Jordan	14Cr	16Cr	17Cr	18Cr	17Cr
Total Assets	82Cr	90Cr	87Cr	89Cr	73Cr
Honduras	20Cr	20Cr	23Cr	40Cr	16Cr
Total Assets	135.9Cr	130.2Cr	129.3Cr	129.1Cr	109.2Cr
Czech Republic	12Cr	13Cr	15Cr	13Cr	14Cr
Total Assets	33Cr	34Cr	31Cr	29Cr	27Cr
Botswana	-	-	-	-	5Cr
Total Assets	-	-	-	54Cr	98Cr
Total Assets	-	-	-	20Cr	91Cr
Other	2.1Cr	1.6Cr	2.6Cr	11Cr	2.2Cr
Total Assets	1.2Cr	80L	6.4Cr	20Cr	28Cr
Total Assets	-	-	-	-	-
Vietnam	7Cr	8.3Cr	9.5Cr	8.1Cr	1.6Cr
Total Assets	44Cr	45Cr	42Cr	-	-
Cameroon	-	-	5.8Cr	-	-
Total Assets	-	43Cr	-	-	-
Total Assets	-	-	-	-	78Cr
Mozambique	8.3Cr	9.3Cr	9.7Cr	-	-
Total Assets	46Cr	56Cr	-	-	-
Total Assets	-	-	-	-	-
Total Assets	-	-	-	-	-
Total Assets	-	-	-	-	-
Netherlands	-	2.9Cr	1Cr	-	-
Total Assets	26Cr	16Cr	7Cr	-	-
Rwanda	2Cr	2.3Cr	2.6Cr	-	-
Total Assets	14Cr	14Cr	-	-	-
Germany	-	-	-	-	-
Total Assets	-	-	-	-	-
Italy	-	-	-	-	-
Total Assets	-	-	-	-	-
Total Assets	-	-	-	-	-
USA	-	-	-	-	-
Total Assets	-	-	-	-	-
Norway	-	-	-	-	-
Total Assets	35Cr	43Cr	48Cr	37Cr	44Cr