OverviewSuggest Edit

Kongsberg Gruppen is a supplier of technology systems and solutions to customers in the merchant marine, defense, aerospace, offshore oil, gas, renewable, and utility industries. It operates in three business areas: Kongsberg Maritime, Kongsberg Defence and Aerospace, and Kongsberg Digital. Kongsberg Maritime segment develops and delivers systems for positioning, monitoring, navigation, and automation for merchant vessels and the offshore industry. Kongsberg Defence and Aerospace segment is a supplier of defense and space-related systems and products. Kongsberg Digital is a provider of software and digital solutions to customers within maritime, oil and gas, and utilities.
TypePublic
Founded1814
HQKongsberg, NO
Websitekongsberg.com
Employee Ratings4

Latest Updates

Employees (est.) (Sept 2021)11,045(+2%)
Revenue (FY, 2020)KR25.6 B(+7%)
Share Price (Apr 2022)KR402
Cybersecurity ratingAMore
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Key People/Management at Kongsberg

Geir Håøy

Geir Håøy

President and Chief Executive Officer
Gyrid Skalleberg Ingerø

Gyrid Skalleberg Ingerø

Group Executive Vice President and Chief Financial Officer
Mette Toft Bjørgen

Mette Toft Bjørgen

Executive Vice President Finance
Egil Haugsdal

Egil Haugsdal

EVP, KONGSBERG. President, Kongsberg Maritime
Terje Bråthen

Terje Bråthen

Executive Vice President Aerostructures
Kristin Tandberg Haugsjå

Kristin Tandberg Haugsjå

Executive Vice President Legal and Compliance
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Kongsberg Office Locations

Kongsberg has offices in Kongsberg, Asker, Horten, Kjeller and in 51 other locations
Kongsberg, NO (HQ)
Kirkegårdsveien 45
Asker, NO
Drengsrudbekken 12
Horten, NO
Bekkajordet 8
Horten, NO
Bromsveien 17
Kjeller, NO
Instituttveien 10
Oslo, NO
Støperigata 2
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Kongsberg Financials and Metrics

Kongsberg Revenue

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Kongsberg's revenue was reported to be kr25.61 b in FY, 2020 which is a 6.4% increase from the previous period.
NOK

Revenue (Q3, 2021)

6.2b

Net income (Q3, 2021)

619.0m

EBITDA (Q3, 2021)

1.1b

EBIT (Q3, 2021)

748.0m

Market capitalization (27-Apr-2022)

71.6b

Closing stock price (27-Apr-2022)

402.0

Cash (30-Sept-2021)

6.5b

EV

69.9b
Kongsberg's current market capitalization is kr71.6 b.
Annual
NOKFY, 2018FY, 2019FY, 2020

Revenue

14.4b24.1b25.6b

Revenue growth, %

(1%)67%6%

Cost of goods sold

4.3b9.3b8.9b

Gross profit

10.1b14.8b16.8b
Quarterly
NOKQ1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020Q3, 2020Q4, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

3.6b6.2b6.0b8.2b6.7b6.0b5.8b7.1b6.4b6.8b6.2b

Operating expense total

3.2b5.8b5.5b7.3b6.0b5.2b4.9b6.2b5.5b5.8b5.2b

Depreciation and amortization

175.0m319.0m305.0m279.0m296.0m311.0m310.0m315.0m306.0m296.0m305.0m

EBITDA

414.0m479.0m535.0m851.0m643.0m740.0m919.0m948.0m883.0m993.0m1.1b
Annual
NOKFY, 2018FY, 2019FY, 2020

Cash

10.0b5.7b7.4b

Accounts Receivable

2.8b6.4b5.5b

Inventories

2.2b4.0b4.1b

Current Assets

18.7b22.8b24.4b
Quarterly
NOKQ1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020Q3, 2020Q4, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

10.4b4.5b3.7b5.7b9.5b8.6b8.1b7.4b7.8b5.8b6.5b

Accounts Receivable

2.3b4.0b4.1b6.4b5.5b5.1b4.4b5.5b4.2b5.3b6.2b

Inventories

2.3b4.1b4.3b4.0b4.1b4.2b4.3b4.1b4.3b4.1b4.2b

Current Assets

19.1b18.5b19.3b23.2b27.5b25.3b24.5b24.6b23.5b22.5b24.2b
Annual
NOKFY, 2018FY, 2019FY, 2020

Net Income

704.0m717.0m2.9b

Depreciation and Amortization

449.0m1.1b1.3b

Inventories

(301.0m)(140.0m)(276.0m)

Cash From Operating Activities

2.2b1.9b2.8b
Quarterly
NOKQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash From Operating Activities

590.0m129.0m(231.0m)940.0m741.0m1.1b857.0m1.2b2.3b

Purchases of PP&E

(89.0m)(204.0m)(312.0m)(115.0m)(243.0m)(362.0m)(108.0m)(239.0m)(328.0m)

Cash From Investing Activities

(88.0m)(4.9b)(5.1b)3.4b3.3b2.7b(139.0m)(190.0m)(339.0m)

Long-term Borrowings

(76.0m)(185.0m)(304.0m)(123.0m)(244.0m)(364.0m)(121.0m)(244.0m)(367.0m)
NOKFY, 2018

Revenue/Employee

2.1m

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

2.2 x
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Kongsberg Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Book-to-Bill Ratio

115%104%154%204%135%102%101%79%113%120%82%246%

Countries

304040404034343437343434

Order Intake

kr16.57 bkr3.77 bkr13kr25.71 bkr32.45 bkr6.81 bkr12.88 bkr17.44 bkr28.82 bkr7.64 bkr13.19 bkr28.5 b

Suppliers

7.77 k10.17 k9.35 k
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Kongsberg Acquisitions / Subsidiaries

Company NameDateDeal Size
Patria HelicoptersJuly 01, 2020kr17 m
COACH SolutionsJune 30, 2020
Aerospace Industrial Maintenance NorwayMay 29, 2019
Rolls-Royce Commercial MarineApril 01, 2019£500 m
Ship Modeling & Simulation Centre ASDecember 22, 2015
CONTROS Systems & Solutions GmbHMarch 27, 2015
Embient GmbHDecember 06, 2013
Kongsberg NemoDecember 10, 2012
AdvaliNovember 26, 2012
Apply Nemo ASOctober 12, 2012
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Kongsberg Revenue Breakdown

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Kongsberg revenue breakdown by business segment: 33.1% from Kongsberg Defence & Aerospace, 63.7% from Kongsberg Martime and 3.2% from Other

Kongsberg revenue breakdown by geographic segment: 19.6% from Norway, 20.6% from Asia, 27.7% from Europe , 26.9% from North America and 5.1% from Other

Human Capital Metrics

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Kongsberg Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Kongsberg Online and Social Media Presence

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Kongsberg News and Updates

Kongsberg Enters Into Agreements For Purchase Of Own Shares To Employee Share Program And Long-term Incentive Scheme

The mandate is valid from 25 March 2022, and DNB Markets will make its own decisions related to the purchase of the shares independently of, and without influence from KONGSBERG. Following completion of the repurchase the shares will be transferred to the employees who have chosen to participate in …

Kongsberg Signs Agreements With Leonardo For Maintenance Services For The Search & Rescue Service In Norway

The agreements cover logistics services to be delivered from KAMS headquarters at Kjeller, as well as maintenance services to be delivered to the SAR bases at Sola, Ørland, Bodø, Banak, Florø and Rygge when the SAR Queen helicopters gradually will replace the Sea King helicopters.

World’s Largest And Most Technologically Advanced Satellites Launched Into Space

KONGSBERG’s division for Space & Surveillance has provided 150 kg of advanced electronic equipment to the payload of Inmarsat-6 F1 - a record-breaking delivery in the history of the company. It is KONGSBERG’s largest one-time delivery to a satellite-program in the history of the company. The Spa…

Estonia, The 28th Protector Remote Weapon Systems-user Nation

The Estonian CV90 Infantry Fighting Vehicles were acquired from Norway back in 2016 to broaden the capabilities of the Estonian Armed Forces. Earlier this year, Go Craft and Scania Estonia were awarded the contract for a modernization and upgrade program that will run over the next two years. To mee…

Kongsberg Digital To Lead Innovation Project For Increased Grid Utilization

The project, named FlexOps, is based on the hypothesis that grid operators, nationally and internationally, lack a support system to assess when, where and for what purpose flexibility in the power system is available and should be used. By using flexibility in the operation of the network, one can …

Km Supplies Engine And Thruster Package For Cruise Vessel On New Havila Kystruten Route Along The Norwegian Coast

As with the other three cruise vessels in the Havila Kystruten fleet, Havila Capella has been designed by HAV Design AS, and deploys integrated, energy-efficient KM solutions which reflect the company’s commitment to operate the most eco-friendly ships in a precious environment of outstanding natura…
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Kongsberg Frequently Asked Questions

  • When was Kongsberg founded?

    Kongsberg was founded in 1814.

  • Who are Kongsberg key executives?

    Kongsberg's key executives are Geir Håøy, Gyrid Skalleberg Ingerø and Mette Toft Bjørgen.

  • How many employees does Kongsberg have?

    Kongsberg has 11,045 employees.

  • What is Kongsberg revenue?

    Latest Kongsberg annual revenue is kr25.6 b.

  • What is Kongsberg revenue per employee?

    Latest Kongsberg revenue per employee is kr2.3 m.

  • Who are Kongsberg competitors?

    Competitors of Kongsberg include Elbit Systems, Marshall Aerospace and Defence Group and Nammo.

  • Where is Kongsberg headquarters?

    Kongsberg headquarters is located at Kirkegårdsveien 45, Kongsberg.

  • Where are Kongsberg offices?

    Kongsberg has offices in Kongsberg, Asker, Horten, Kjeller and in 51 other locations.

  • How many offices does Kongsberg have?

    Kongsberg has 64 offices.