Veidekke ASA/Nkr VEI
1D1W1MYTD1Y5YMAX
Capital at risk
About Veidekke ASA
Veidekke ASA is a construction and civil engineering company operating in Norway, Sweden, and Denmark. Founded in 1936 and headquartered in Oslo, Norway, the company specializes in building and civil engineering projects, road maintenance, and the production of asphalt and aggregates. Veidekke's operations are organized into segments including Construction Norway, Infrastructure Norway, Construction Sweden, Infrastructure Sweden, and Denmark/Hoffmann. The company has a significant presence in the Scandinavian construction market, undertaking various building and heavy construction projects.
- Ticker
- Nkr VEI
- Sector
- Industrials
- Primary listing
- XOSL
- Employees
- 7,759
- Headquarters
- Oslo, Norway
- Website
- www.veidekke.com
Veidekke ASA Metrics
BasicAdvanced
kr 28B
16.57
kr 12.49
0.77
kr 11.25
5.43%
Price and volume
Market cap
kr 28B
Beta
0.77
52-week high
kr 214.50
52-week low
kr 152.60
Average daily volume
81K
Dividend rate
kr 11.25
Financial strength
Current ratio
0.784
Quick ratio
0.739
Long term debt to equity
0.041
Total debt to equity
0.065
Dividend payout ratio (TTM)
90.04%
Interest coverage (TTM)
24.88%
Profitability
EBITDA (TTM)
2,727
Gross margin (TTM)
36.75%
Net profit margin (TTM)
3.77%
Operating margin (TTM)
4.67%
Effective tax rate (TTM)
20.97%
Revenue per employee (TTM)
kr 5,770,000
Management effectiveness
Return on assets (TTM)
6.83%
Return on equity (TTM)
68.49%
Valuation
Price to earnings (TTM)
16.571
Price to revenue (TTM)
0.624
Price to book
10.85
Price to tangible book (TTM)
-589.22
Price to free cash flow (TTM)
6.595
Free cash flow yield (TTM)
15.16%
Free cash flow per share (TTM)
31.388
Dividend yield (TTM)
5.43%
Forward dividend yield
5.43%
Growth
Revenue change (TTM)
7.86%
Earnings per share change (TTM)
32.49%
3-year revenue growth (CAGR)
2.97%
10-year revenue growth (CAGR)
5.44%
3-year earnings per share growth (CAGR)
18.33%
10-year earnings per share growth (CAGR)
8.15%
3-year dividend per share growth (CAGR)
13.23%
10-year dividend per share growth (CAGR)
10.89%
Bulls say / Bears say
Veidekke posted Q2 2026 revenues of NOK 12.3 billion (up 9% YoY) and pre-tax profit of NOK 670 million, with profit margin improving to 5.4%, while order intake rose 25% to NOK 17.9 billion, expanding the backlog to NOK 55.3 billion for future revenue visibility (Veidekke).
Net interest-bearing assets climbed to NOK 3.7 billion as of June 30, 2026 (from NOK 1.2 billion a year earlier), and first-half operating cash flow surged to NOK 1.7 billion (from NOK 146 million), significantly strengthening the balance sheet and liquidity position (Veidekke).
Swedish subsidiary BRA Bygg secured the design-and-build contract for an 80,000 m² facility in Jönköping for Vectura/Saab (completion 2029–2030), supporting long-term order book growth and geographical diversification (Veidekke).
Veidekke terminated its planned acquisition of Ucklum Grus AB after due diligence, indicating potential execution challenges and slowing inorganic growth (Veidekke).
The Danish construction operation delivered flat Q2 2026 revenues year-on-year, lagging other regions and highlighting segment-specific market weakness (Veidekke).
Lost time injury (LTI) rates increased to 3.8 in Q2 2026 (from 2.4 in Q2 2025) and sick leave remained elevated at 4.7%, suggesting health, safety, and environmental issues may disrupt operations and inflate costs (Veidekke).
Data summarised monthly by Lightyear AI. Last updated on 1 Sept 2026.
Upcoming events
No upcoming events
Funds containing Veidekke ASA
AllGBPEUR
Fund name | Fund size | Nkr VEI weighting |
|---|---|---|
L&G Global Quality Dividends£LDGG | £279M | 0.06% |
Vanguard ESG Global All Cap£V3AB | £905M | 0.00% |
Vanguard ESG Global All Cap€V3AA | €1.1B | 0.00% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.