{
"documentInfo": {
"documentType": "https://xbrl.org/2021/xbrl-json",
"features": {
"xbrl:canonicalValues": true
},
"namespaces": {
"NEK": "http://nekkar.com/2024-12-31",
"ifrs-full": "https://xbrl.ifrs.org/taxonomy/2022-03-24/ifrs-full",
"iso4217": "http://www.xbrl.org/2003/iso4217",
"scheme": "http://standards.iso.org/iso/17442",
"xbrl": "https://xbrl.org/2021",
"xbrli": "http://www.xbrl.org/2003/instance"
},
"taxonomy": [
"http://nekkar.com/2024-12-31/5967007LIEEXZXIFE872-2024-12-31.xsd"
]
},
"facts": {
"f0__s1__3__5": {
"value": "623508000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__5": {
"value": "575086000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__6": {
"value": "623508000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__6": {
"value": "575086000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__7": {
"value": "333722000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:RawMaterialsAndConsumablesUsedAndServicesExpense",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__7": {
"value": "304493000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:RawMaterialsAndConsumablesUsedAndServicesExpense",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__8": {
"value": "146455000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EmployeeBenefitsExpense",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__8": {
"value": "113812000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EmployeeBenefitsExpense",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__9": {
"value": "700000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__9": {
"value": "6604000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossTradeReceivables",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__10": {
"value": "11616000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepreciationAndAmortisationExpense",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__10": {
"value": "7685000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepreciationAndAmortisationExpense",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__11": {
"value": "50400000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherExpenseByNature",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__11": {
"value": "41420000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherExpenseByNature",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__12": {
"value": "542892000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OperatingExpense",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__12": {
"value": "474014000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OperatingExpense",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__13": {
"value": "80615000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromOperatingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__13": {
"value": "101073000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromOperatingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__14": {
"value": "27288000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__14": {
"value": "24099000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__15": {
"value": "42563000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceCosts",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__15": {
"value": "8825000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceCosts",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__16": {
"value": "34451000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__16": {
"value": "-7083000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__17": {
"value": "19176000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceIncomeCost",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__17": {
"value": "8191000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceIncomeCost",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__18": {
"value": "99791000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__18": {
"value": "109264000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__19": {
"value": "13920000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__19": {
"value": "25955000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__20": {
"value": "85872000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__20": {
"value": "83309000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__23": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__23": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__24": {
"value": "85872000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__24": {
"value": "83309000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__27": {
"value": "82670000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__27": {
"value": "81243000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__28": {
"value": "3202000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToNoncontrollingInterests",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__4__28": {
"value": "2066000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToNoncontrollingInterests",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s1__3__29": {
"value": "0.82",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK/xbrli:shares"
}
},
"f0__s1__4__29": {
"value": "0.78",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK/xbrli:shares"
}
},
"f0__s1__3__30": {
"value": "0.82",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK/xbrli:shares"
}
},
"f0__s1__4__30": {
"value": "0.78",
"decimals": 2,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK/xbrli:shares"
}
},
"f0__s2__3__5": {
"value": "216000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxAssets",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__5": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:DeferredTaxAssets",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__6": {
"value": "106132000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Goodwill",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__6": {
"value": "17050000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Goodwill",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__7": {
"value": "96238000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__7": {
"value": "50234000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__8": {
"value": "10113000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__8": {
"value": "9188000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__9": {
"value": "82163000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InvestmentAccountedForUsingEquityMethod",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__9": {
"value": "47712000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InvestmentAccountedForUsingEquityMethod",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__10": {
"value": "1884000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentFinancialAssets",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__10": {
"value": "1155000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentFinancialAssets",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__11": {
"value": "14524000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__11": {
"value": "13541000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__12": {
"value": "311270000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssets",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__12": {
"value": "138881000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssets",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__15": {
"value": "17991000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Inventories",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__15": {
"value": "11861000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Inventories",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__16": {
"value": "151819000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTradeReceivables",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__16": {
"value": "85270000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTradeReceivables",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__17": {
"value": "14409000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCurrentReceivables",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__17": {
"value": "6387000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCurrentReceivables",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__18": {
"value": "118136000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentAccruedIncomeIncludingCurrentContractAssets",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__18": {
"value": "144007000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentAccruedIncomeIncludingCurrentContractAssets",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__19": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:CurrentDerivativeFinancialAssets",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__19": {
"value": "20144000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentDerivativeFinancialAssets",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__20": {
"value": "204937000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__20": {
"value": "194162000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__21": {
"value": "507292000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentAssets",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__21": {
"value": "461831000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentAssets",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__24": {
"value": "818563000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__24": {
"value": "600711000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__27": {
"value": "11817000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssuedCapital",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__27": {
"value": "11817000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssuedCapital",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__28": {
"value": "444000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:TreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__28": {
"value": "153000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:TreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__29": {
"value": "9206000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:SharePremium",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__29": {
"value": "9206000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:SharePremium",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__30": {
"value": "397994000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:RetainedEarningsAndOtherReserves",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__30": {
"value": "383528000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:RetainedEarningsAndOtherReserves",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__31": {
"value": "418574000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAttributableToOwnersOfParent",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__31": {
"value": "404398000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAttributableToOwnersOfParent",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__32": {
"value": "70026000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncontrollingInterests",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__32": {
"value": "22548000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncontrollingInterests",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__33": {
"value": "488599000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__33": {
"value": "426945000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__36": {
"value": "36981000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__36": {
"value": "17859000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__37": {
"value": "9083000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentLeaseLiabilities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__37": {
"value": "9087000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentLeaseLiabilities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__38": {
"value": "33767000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentProvisions",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__38": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:NoncurrentProvisions",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__39": {
"value": "79831000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentLiabilities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__39": {
"value": "26946000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentLiabilities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__42": {
"value": "45080000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__42": {
"value": "57242000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__43": {
"value": "4944000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTaxLiabilitiesCurrent",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__43": {
"value": "1512000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTaxLiabilitiesCurrent",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__44": {
"value": "11684000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__44": {
"value": "7973000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__45": {
"value": "74629000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentAdvances",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__45": {
"value": "39002000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentAdvances",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__46": {
"value": "11037000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentDerivativeFinancialLiabilities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__46": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:CurrentDerivativeFinancialLiabilities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__47": {
"value": "6039000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentLeaseLiabilities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__47": {
"value": "4276000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentLeaseLiabilities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__48": {
"value": "96720000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCurrentLiabilities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__48": {
"value": "36815000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCurrentLiabilities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__49": {
"value": "250133000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentLiabilities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__49": {
"value": "146820000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentLiabilities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__52": {
"value": "329964000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Liabilities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__52": {
"value": "173766000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Liabilities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__3__55": {
"value": "818563000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s2__4__55": {
"value": "600711000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s3__3__5": {
"value": "11746000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__4__5": {
"value": "-1000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__5__5": {
"value": "5919000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__6__5": {
"value": "313215000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "NEK:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__7__5": {
"value": "330878000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__8__5": {
"value": "20090000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__9__5": {
"value": "350968000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s3__3__6": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__4__6": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__5__6": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__6__6": {
"value": "81243000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "NEK:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__7__6": {
"value": "81243000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__8__6": {
"value": "2066000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__9__6": {
"value": "83309000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s3__3__7": {
"value": "71000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__5__7": {
"value": "3287000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__6__7": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "NEK:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__7__7": {
"value": "3359000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__8__7": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__9__7": {
"value": "3359000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s3__3__8": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__4__8": {
"value": "152000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__5__8": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__6__8": {
"value": "11144000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "NEK:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__7__8": {
"value": "11296000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__8__8": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__9__8": {
"value": "11296000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s3__3__9": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__4__9": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__5__9": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__6__9": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "NEK:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__7__9": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__8__9": {
"value": "297000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__9__9": {
"value": "297000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s3__3__10": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__4__10": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__5__10": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__6__10": {
"value": "215000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "NEK:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__7__10": {
"value": "215000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__8__10": {
"value": "94000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__9__10": {
"value": "309000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s3__3__11": {
"value": "11817000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__4__11": {
"value": "-153000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__5__11": {
"value": "9206000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__6__11": {
"value": "383529000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "NEK:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__7__11": {
"value": "404398000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__8__11": {
"value": "22547000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__9__11": {
"value": "426945000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s3__3__17": {
"value": "11817000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__4__17": {
"value": "-153000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__5__17": {
"value": "9206000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__6__17": {
"value": "383529000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "NEK:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__7__17": {
"value": "404398000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__8__17": {
"value": "22547000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__9__17": {
"value": "426945000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s3__3__18": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__4__18": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__5__18": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__6__18": {
"value": "82670000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "NEK:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__7__18": {
"value": "82670000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__8__18": {
"value": "3202000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__9__18": {
"value": "85872000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s3__3__19": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__4__19": {
"value": "529000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__5__19": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__6__19": {
"value": "47943000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "NEK:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__7__19": {
"value": "48472000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__8__19": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__9__19": {
"value": "48472000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s3__4__20": {
"value": "238000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__6__20": {
"value": "15101000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "NEK:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__7__20": {
"value": "15339000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__8__20": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__9__20": {
"value": "15339000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s3__3__21": {
"value": "0.0",
"dimensions": {
"concept": "NEK:IncreaseDecreaseThroughExchangeDifferencesOnTranslationEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__4__21": {
"value": "0.0",
"dimensions": {
"concept": "NEK:IncreaseDecreaseThroughExchangeDifferencesOnTranslationEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__5__21": {
"value": "0.0",
"dimensions": {
"concept": "NEK:IncreaseDecreaseThroughExchangeDifferencesOnTranslationEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__6__21": {
"value": "25000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:IncreaseDecreaseThroughExchangeDifferencesOnTranslationEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "NEK:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__7__21": {
"value": "25000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:IncreaseDecreaseThroughExchangeDifferencesOnTranslationEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__8__21": {
"value": "127000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:IncreaseDecreaseThroughExchangeDifferencesOnTranslationEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__9__21": {
"value": "152000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:IncreaseDecreaseThroughExchangeDifferencesOnTranslationEquity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s3__3__22": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__4__22": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__5__22": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__6__22": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "NEK:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__7__22": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__8__22": {
"value": "42762000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__9__22": {
"value": "42762000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughAcquisitionOfSubsidiary",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s3__3__23": {
"value": "0.0",
"dimensions": {
"concept": "NEK:IncreaseDecreaseThroughLiabilitiesRelatingToPutOption",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__4__23": {
"value": "0.0",
"dimensions": {
"concept": "NEK:IncreaseDecreaseThroughLiabilitiesRelatingToPutOption",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__5__23": {
"value": "0.0",
"dimensions": {
"concept": "NEK:IncreaseDecreaseThroughLiabilitiesRelatingToPutOption",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__6__23": {
"value": "-33767000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:IncreaseDecreaseThroughLiabilitiesRelatingToPutOption",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "NEK:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__7__23": {
"value": "-33767000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:IncreaseDecreaseThroughLiabilitiesRelatingToPutOption",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__8__23": {
"value": "0.0",
"dimensions": {
"concept": "NEK:IncreaseDecreaseThroughLiabilitiesRelatingToPutOption",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__9__23": {
"value": "-33767000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:IncreaseDecreaseThroughLiabilitiesRelatingToPutOption",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s3__3__24": {
"value": "0.0",
"dimensions": {
"concept": "NEK:IncreaseDecreaseDueToPriorYearCorrections",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__4__24": {
"value": "0.0",
"dimensions": {
"concept": "NEK:IncreaseDecreaseDueToPriorYearCorrections",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__5__24": {
"value": "0.0",
"dimensions": {
"concept": "NEK:IncreaseDecreaseDueToPriorYearCorrections",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__6__24": {
"value": "-330000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:IncreaseDecreaseDueToPriorYearCorrections",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "NEK:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__7__24": {
"value": "-329000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:IncreaseDecreaseDueToPriorYearCorrections",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__8__24": {
"value": "97000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:IncreaseDecreaseDueToPriorYearCorrections",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__9__24": {
"value": "-232000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:IncreaseDecreaseDueToPriorYearCorrections",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s3__3__25": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControlEquityAttributableToOwnersOfParent",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__4__25": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControlEquityAttributableToOwnersOfParent",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__5__25": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControlEquityAttributableToOwnersOfParent",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__6__25": {
"value": "-1290000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControlEquityAttributableToOwnersOfParent",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "NEK:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__7__25": {
"value": "-1290000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControlEquityAttributableToOwnersOfParent",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__8__25": {
"value": "1290000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControlEquityAttributableToOwnersOfParent",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__9__25": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControlEquityAttributableToOwnersOfParent",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s3__3__26": {
"value": "11817000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__4__26": {
"value": "-444000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__5__26": {
"value": "9206000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__6__26": {
"value": "397994000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "NEK:RetainedEarningsAndOtherReservesMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__7__26": {
"value": "418574000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__8__26": {
"value": "70026000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:NOK"
}
},
"f0__s3__9__26": {
"value": "488599000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__5": {
"value": "99791000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__5": {
"value": "109264000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__6": {
"value": "11616000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__6": {
"value": "7685000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__7": {
"value": "11674000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:AdjustmentsForInterestExpenseAndAdjustmentsForInterestIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__7": {
"value": "6647000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:AdjustmentsForInterestExpenseAndAdjustmentsForInterestIncome",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__8": {
"value": "18325000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:AdjustmentsForOtherFinanceIncomeCost",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__8": {
"value": "12662000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:AdjustmentsForOtherFinanceIncomeCost",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__9": {
"value": "34451000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__9": {
"value": "-7083000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__10": {
"value": "-172000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidClassifiedAsOperatingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__11": {
"value": "11674000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestPaidClassifiedAsOperatingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__11": {
"value": "6647000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestPaidClassifiedAsOperatingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__12": {
"value": "18325000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestReceivedClassifiedAsOperatingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__12": {
"value": "12662000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestReceivedClassifiedAsOperatingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__13": {
"value": "-3364000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInInventories",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__13": {
"value": "-9545000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInInventories",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__14": {
"value": "-53430000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__14": {
"value": "21605000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__15": {
"value": "-14763000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__15": {
"value": "11349000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__16": {
"value": "27457000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInAccruedIncomeIncludingContractAssets",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__16": {
"value": "-30391000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInAccruedIncomeIncludingContractAssets",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__17": {
"value": "108522000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:AdjustmentsForDecreaseIncreaseInOtherOperatingReceivablesAndAdjustmentsForIncreaseDecreaseInOtherOperatingPayables",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__17": {
"value": "-38472000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:AdjustmentsForDecreaseIncreaseInOtherOperatingReceivablesAndAdjustmentsForIncreaseDecreaseInOtherOperatingPayables",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__18": {
"value": "141550000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__18": {
"value": "75155000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__21": {
"value": "25121000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:PurchaseOfPropertyPlantAndEquipmentAndPurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__21": {
"value": "19240000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:PurchaseOfPropertyPlantAndEquipmentAndPurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__22": {
"value": "56299000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__22": {
"value": "2733000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__23": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:PurchaseOfInterestsInAssociates",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__23": {
"value": "28763000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfInterestsInAssociates",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__24": {
"value": "-81420000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__24": {
"value": "-50736000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__27": {
"value": "0.0",
"dimensions": {
"concept": "ifrs-full:ProceedsFromIssuingShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__27": {
"value": "3010000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromIssuingShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__28": {
"value": "48779000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PaymentsToAcquireOrRedeemEntitysShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__28": {
"value": "11009000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PaymentsToAcquireOrRedeemEntitysShares",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__29": {
"value": "4318000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromExerciseOfOptions",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__30": {
"value": "4894000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__30": {
"value": "3539000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__31": {
"value": "-49355000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__31": {
"value": "-11538000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__34": {
"value": "10775000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__34": {
"value": "12881000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalents",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__35": {
"value": "204937000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__35": {
"value": "194162000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__3__36": {
"value": "2001000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:IncreaseDecreaseInCashAndCashEquivalentsAttributableToNonControllingInterests",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s4__4__36": {
"value": "-3727000.0",
"decimals": -3,
"dimensions": {
"concept": "NEK:IncreaseDecreaseInCashAndCashEquivalentsAttributableToNonControllingInterests",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:NOK"
}
},
"f0__s6__6__15": {
"value": "1. General information 1.1 REPORTING ENTITY Nekkar ASA (\u201cNekkar\u201d) is a public company incorporated and domiciled in Norway. The company is listed on the Oslo Stock Exchange where the shares are publicly traded. The registered head office is located at Lumberveien 27 in Kristiansand, Norway. As per 31 December 2024 Nekkar holds subsidiaries in Norway, USA, Singapore, India and Australia. Nekkar is an industrial company builder focused on ocean-based technology. The company invests in and develops technology businesses within sustainable oceans, robotics & intelligent logistics and digital solutions. With a 50-year industrial heritage from Syncrolift, Nekkar applies an active buy-to-own strategy to build long-term value. The group supports empowered operating companies with a strong balance sheet and reinvests strategically to ensure profitability and sustainable growth. As a publicly listed company, Nekkar has a proven track record of shareholder value creation through disciplined M&A, financial management, and capital allocation.Further details on the group\u2019s principal activities and its subsidiaries can be found in Note 1 and the Directors\u2019 Report.1.2 BASIS OF PREPARATION Nekkar\u2019s consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS), as adopted by the European Union. Standards and interpretations effective for annual periods beginning on or after 1 January 2025 have not been applied in preparing these consolidated financial statements. The consolidated financial statements of the group for the year ended 31 December 2024 were approved by the Board of Directors on 29 April 2025.The consolidated financial statements were prepared based on uniform accounting principles for similar transactions and events under similar circumstances. The consolidated financial statements are presented in NOK. Financial information is presented and rounded to the nearest thousands, except were stated otherwise.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__14": {
"value": "1. General information 1.1 REPORTING ENTITY Nekkar ASA (\u201cNekkar\u201d) is a public company incorporated and domiciled in Norway. The company is listed on the Oslo Stock Exchange where the shares are publicly traded. The registered head office is located at Lumberveien 27 in Kristiansand, Norway. As per 31 December 2024 Nekkar holds subsidiaries in Norway, USA, Singapore, India and Australia. Nekkar is an industrial company builder focused on ocean-based technology. The company invests in and develops technology businesses within sustainable oceans, robotics & intelligent logistics and digital solutions. With a 50-year industrial heritage from Syncrolift, Nekkar applies an active buy-to-own strategy to build long-term value. The group supports empowered operating companies with a strong balance sheet and reinvests strategically to ensure profitability and sustainable growth. As a publicly listed company, Nekkar has a proven track record of shareholder value creation through disciplined M&A, financial management, and capital allocation.Further details on the group\u2019s principal activities and its subsidiaries can be found in Note 1 and the Directors\u2019 Report.1.2 BASIS OF PREPARATION Nekkar\u2019s consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS), as adopted by the European Union. Standards and interpretations effective for annual periods beginning on or after 1 January 2025 have not been applied in preparing these consolidated financial statements. The consolidated financial statements of the group for the year ended 31 December 2024 were approved by the Board of Directors on 29 April 2025.The consolidated financial statements were prepared based on uniform accounting principles for similar transactions and events under similar circumstances. The consolidated financial statements are presented in NOK. Financial information is presented and rounded to the nearest thousands, except were stated otherwise.2. Summary of key accounting principles The accounting principles set out below have been applied consistently to all periods presented in the consolidated financial statements and have been applied consistently by group entities. 2.1 BASIC PRINCIPLES a) New accounting standards and amendments The accounting policies adopted are consistent with those of the previous financial year. b) Current versus non-current classification An asset is classified as current when it is expected to be realized or intended to be sold or consumed in the normal operating cycle, held primarily for the purpose of trading, expected to be realized within twelve months after the reporting period, or is cash or cash equivalent. All other assets are classified as non-current. A liability is classified as current when it is expected to be settled in normal operating cycle, it is held primarily for the purpose of trading, it is due to be settled within twelve months after the reporting period, or there is no unconditional right to defer the settlement of the liability for at least twelve months after the reporting period. The group classifies all other liabilities as non-current. Deferred tax assets and liabilities are classified as non-current assets and liabilities.c) Fair value measurement The group measures financial instruments, such as derivatives, at fair value, as defined in IFRS 13, at eachfinancial position date. 2.2 BASIS FOR CONSOLIDATION a) Subsidiaries Subsidiaries are entities which Nekkar controls. Control is achieved when the group is exposed, or hasrights, to variable returns from its involvement with the investee and can affect those returns through its power over the investee. Subsidiaries are consolidated from the date of acquisition, being the date on which the group obtains control, and continue to be consolidated until the date when such control ceases. In cases where Nekkar achieves control over an entity, business combinations are accounted for using the acquisition method. Non-controlling interests are presented separately as equity in the group\u2019s consolidated statement of financial position. 2.3 SEGMENT INFORMATION For management purposes, the group is organized into segments based on its products and services (legal entities). The Board of directors monitors the operating results of its entity separately to make decisions about resource allocation and assess performance. Performance is evaluated based on profit or loss in the different legal entities and is measured consistently with profit or loss in the consolidated financial statements. However, some of the group\u2019s financing connected to group cash pool (including finance costs and finance income) is managed at group level and is not allocated to operating segments.Group support functions from the parent company along with technology ventures are presented as \u201cOther\u201d. Refer to Note 1 for further details. 2.4 FOREIGN CURRENCIES a) Functional and presentation currencies The financial statements of the individual entities in the group are measured in the currency primarily used in the economic area where the unit operates (functional currency). The consolidated financial statements are presented in Norwegian kroner (NOK), which is the functional and presentation currency of the parent company, and the presentation currency of the group.b) Transactions and balance sheet itemsTransactions in foreign currencies are translated into the functional currency using the currency spot rates at the time of recognition. Foreign currency gains and losses that arise from the payment of such transactions, and the currency conversion effect from monetary items (assets and liabilities) nominated in foreign currencies, which are valued at the currency spot rates at the balance sheet date, are recognized in profit and loss. Non-monetary items measured at historical cost in foreign currency are translated into functional currency using the exchange rates as at the dates of the initial transaction. c) Group companies On consolidation, the assets and liabilities of foreign operations are converted into NOK at the rate of exchange prevailing at the reporting date and their income statements are translated at average exchange rates. Currency effects derived from consolidation are recognized in other comprehensive income. On disposal of a foreign operation, the component of other comprehensive income relating to the specific foreign operation is reclassified to profit or loss.2.5 PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment are recognized in the financial statements at cost less accumulated depreciation and accumulated impairment. Cost includes the costs directly related to the acquisition of the fixed asset. Subsequent expenditures are capitalized when it is likely that the group will receive future economic benefits from the expenditure, and the expenditure can be measured reliably. Other repair and maintenance costs are recognized in profit or loss in the period when the expenses are incurred.Property, plant and equipment are depreciated based on the straight-line method. Historical cost of the fixed asset is depreciated to the residual value over expected useful life, which is:\u2022 Machinery and vehicles 3-5 years\u2022 Fixtures/office equipment 5-10 years\u2022 Computer equipment 3-5 yearsIndicators related to possible impairment requirements are monitored continuously. If the carrying value of the fixed asset is higher than the estimated recoverable amount, the value is impaired to a recoverable amount.Gains and losses from disposal of assets are recognized in profit or loss and represent the difference between the sales price and the carrying value.Depreciation methods, useful lives and residual values are assessed at the reporting date and adjusted when required.2.6 INTANGIBLE ASSETS Intangible assets that have been acquired separately are measured on initial recognition at cost. The cost of intangible assets acquired through a business combination is their fair value at the date of acquisition. Capitalized intangible assets are recognized at a cost less than any amortization and impairment losses. Internally generated intangible assets are recognized as capitalized development costs.Intangible assets are written down and adjustment is made to amortization if the asset has been impaired Customer relationships and customer portfolio Customer relationships and customer portfolios are established through contracts with customers. Customer relationships and customer portfolio acquired through a business combination are recognized as an asset based on their fair value at the acquisition date. The customer relationship and customer portfolios have limited useful life and are amortized using the straight-line method over their expected useful life (10 years).Patents and licenses Patents and licenses have limited useful life and are recorded at historical cost in the balance sheet less depreciation. Patents and technology are amortized using the straight-line method over their expected useful life (2 to 15 years).Development Research costs are expensed as incurred. Development activities include design or planning of production of new or significantly improved products and processes. Development costs associated with development of new products are capitalized to the extent that they can be reliably measured, the product or process is technically, or commercially feasible, future financial benefits are likely, and the group intends and has sufficient resources to complete the development, and to sell or use the asset. Capitalized development costs include materials, direct labor, directly attributable overheads and capitalized borrowing costs. Development costs are depreciated over their expected useful life (2 to 15 years). Public grants related to capitalized development projects are recognized as a reduction of capitalized costs. Government grants Government grants are recognized when it is reasonably certain that the company will meet the conditions stipulated for the grants and that the grants will be received. Tax credits related to development projects are classified as government grants if they ultimately are settled with cash. Grants relating to intangible assets are deducted from the carrying amount of the asset and recognized in profit or loss as a reduction of the depreciation charge over the lifetime of the assets. 2.7 BUSINESS COMBINATIONS AND GOODWILL When acquiring a business, financial assets and liabilities are recognized at fair value in the group opening balance. The consideration paid in a business combination is measured at fair value at the acquisition date.The initial accounting for a business combination can be changed if new information about the fair value at the acquisition date is present. The allocation can be amended within 12 months of the acquisition date if the initial accounting at the acquisition date was determined provisionally. The non-controlling interest is measured at fair value.Goodwill is initially measured at cost, being the excess of the aggregate of the consideration transferred and the amount recognized for non-controlling interests, and any previous interest held, over the net identifiable assets acquired and liabilities assumed. After initial recognition, goodwill is measured at cost less than any accumulated impairment losses. For impairment testing, goodwill acquired in a business combination is, from the acquisition date, allocated to each of the group\u2019s cash-generating units that are expected to benefit from the combination, irrespective of whether other assets or liabilities of the acquire are assigned to those units.Subsidiaries Subsidiaries encompass all entities over which the group wields control. Control is established when the group possesses the authority to direct the financial and operational strategies of an entity, thereby reaping benefits from its endeavors. Control is typically deemed to be present when the group holds more than 50 percent of the voting shares.Associated companies Associated companies are entities where the Group has significant influence but not control. Significant influence is assumed to exist when the Group has between 20 percent to 50 percent of the voting rights in a company. The consolidated financial statements include the Group\u2019s share of the profits/losses from associated companies are accounted for using the equity method, from the date significant influence was achieved.2.8 FINANCIAL INSTRUMENTS With the exception of forward FX contracts (see 2.9), all financial assets are classified as financial assets measured at amortized cost. Trade receivable Accounts receivables are recognized at transaction price. For subsequent measurement the transaction price is not adjusted for significant financing component as customer payment for goods or services is expected within a year or less. Expected credit loss is passed on both macro-economic and entity specific factors. The group engage in further judgement for trade receivables not paid when due. The group don\u2019t use a provision matrix as allowed under IFRS 9.Contract assets (trade receivable)Contract assets, which mainly satisfy performance obligations not yet invoiced, are recognized with the estimated considerations according to IFRS 15 for the work performed. Contract assets are subject to impairment testing in the same manner as trade receivables. Recognition and measurement of financial liabilities All financial liabilities in the group are classified as financial liabilities as subsequently measured at amortized cost unless the financial liabilities are derivatives or financial liabilities held for trading, which are classified and measured at fair value.In subsequent periods, financial instruments are measured in accordance with classifications described above. 2.9 DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGE ACCOUNTING The group is exposed to fluctuations in foreign exchange rates, which may impact operating results. To mitigate this risk, the group utilizes financial derivatives to hedge contractual income and costs in foreign currencies. Additionally, certain contracts include pricing mechanisms that qualify as embedded derivatives under IFRS 9.Fair value hedging The group uses financial derivatives to hedge foreign currency risk. These derivatives are initially recognized at fair value and subsequently remeasured at fair value. Attributable transaction costs are recognized in profit or loss as incurred.If a hedge does not meet the criteria for hedge accounting, the derivative is carried at fair value through profit or loss as financial income or expense.Embedded derivativesEmbedded derivatives are separated from the host contract and measured at fair value through profit or loss as financial income or expense. if they meet the criteria in IFRS 9. If the host contract is a financial instrument measured at fair value through profit or loss, the embedded derivative is not separated.2.10 LEASES IFRS 16 sets out the principles for the recognition, measurement, presentation and disclosure of leases. At the commencement date of a lease, a lessee will have to recognize a liability based on future lease payments and an asset representing the right to use the underlying asset during the lease term (\u201cRight-of-use assets\u201d). Further, the lessee will be required to separately recognize the interest expense on the lease liability and the deprecation expense of the right-of-use asset. Nekkar has applied the following practical expedients: \u2022 Exemption for short-term leases (defined as 12 months or less)\u2022 Exemption for leases of low value assets2.11 INVENTORIES Inventories are valued at the lower cost and net realizable value. The cost is calculated by means of the first-in, first-out principle (FIFO). For finished goods and work in progress (for project in which revenue recognition is \u201cpoint-in-time\u201d), the cost consists of product design expenses, consumption of materials, direct labor costs, other direct costs, and indirect production costs (based on a normal capacity level). The net realizable value is the estimated selling price in the ordinary course of business, less the estimated cost of completion and estimated costs necessary to make the sale.2.12 CASH AND CASH EQUIVALENTS Cash and cash equivalents consist of bank deposits. Withdrawals from the bank overdraft constitute part of current liabilities. Deposits and overdrafts are presented as net if the bank has a legal/contractual right to offset the deposits and liabilities.The group has a cash pool arrangement where Nekkar is the primary agreement holder. Cash positions on bank accounts with different currencies are presented as net in the consolidated financial statement. 2.13 FINANCIAL LIABILITIES Non-derivative financial liabilities are initially recognized at fair value plus directly attributable transaction costs. After initial recognition, liabilities are measured at amortized costs using the effective interest method. Loans are classified as current liabilities unless there is an unconditional right to postpone payment of the debt by more than 12 months from the date of the balance sheet. The following year\u2019s payment is classified as short-term debt.The group de-recognizes financial liability when the contractual obligations are satisfied or cancelled. 2.14 TAXES Tax in the profit and loss accounts comprise both tax payable for the period and change in deferred tax. Tax payable for the period and deferred tax are recognized in profit or loss, except tax on items related to business combinations or taxes recognized directly in equity or comprehensive income.Deferred tax assets and deferred tax liabilities are offset if a legally enforceable right exists to set off current tax assets against current income tax liabilities and the deferred taxes relate to the same taxable entity and the same taxation authority. Deferred tax assets are recognized when it is convincing evidence that the company will have sufficient profit for tax purposes in subsequent periods to utilize the tax asset. The group includes the possibility of tax planning through group contribution as part of the assessment of convincing evidence. The group only recognized deferred tax assets which can be utilized in five years as the subsequent period is considered too uncertain. Deferred tax assets or liability are measured using tax rates and tax laws enacted or substantially enacted on the balance sheet date, and which presumably may be utilized when the deferred tax advantage is realized or when the deferred tax is settled.2.15 PENSION OBLIGATIONS, BONUS SCHEMES AND OTHER COMPENSATION SCHEMES FOR EMPLOYEES a) Pension obligations The companies in the group have various pension plans. The pension plans are in general financed by payments to insurance companies or pension funds. As of 31 December 2024, Nekkar has only defined contribution plans. 2.16 REVENUE RECOGNITION A five-step process is applied before revenue can be recognized. 1. Identify the contract2. Identify the performance obligations in the contract3. Determine the transaction price4. Allocate the transaction price to performance obligations5. Recognized revenue as performance obligation is satisfiedDuring the application process, steps 2 and 5 were the most complex due to the contract structure within Nekkar. Below are further details on the 5-step model, focusing on step 2 and 5.1. Identification of contract The group\u2019s revenue derives from contracts with customers in one of the following revenue streams;a. Long-term construction contracts (engineer-to-order)b. Service contractsc. After salesAll these revenue streams are based on a contract with the customer. 2. Identification of performance obligations Due to contract structure, there are differences within the contracts regarding identifying performance obligations. The review has shownThe deliveries in contracts are reviewed to identify if there are distinct performance obligations. Contracts held within continued business ordinarily represent one performance obligation, ref section 5 below. It could be argued that there could be more than one performance obligation in some of the contracts, but those potential additional performance obligations identified have been assessed immaterially.3. Transaction price Revenue from construction contracts includes original contract amount and approved variation orders. For contracts where multiple performance obligations are identified, a stand-alone selling price is identified to each of the performance obligations. Potential liquidated damages are recognized as a reduction of the transaction price unless it is highly probable that they will not be incurred. Beyond this there are only immaterial variable considerations. 4. Allocation of transaction price to performance obligation Based on the extensive review of contracts upon the implementation of IFRS 15, the following has been identified;Contracts represent one performance obligation, hence allocation of transaction price to performance obligation is 1:1.5. Revenue recognition as performance obligation is satisfied Revenue is measured based on the consideration specified in a contract with a customer. The group recognizes revenue when it transfers control over a good or service to a customer. The following table provides information about the nature and timing of the satisfaction of performance obligations in contracts with customers, and the related revenue recognition policies.Nature and timing of satisfaction of Type of contract performance obligation Revenue recognition under IFRS 15 Construction Long-term construction contracts with After a thorough analysis of the criteria for \u201cover contracts a typical duration of 18-48 months from time\u201d revenue recognition the main issue relating contracts are signed, to the projects are to timing of revenue recognition was Nekkar\u2019s (Engineer-to-closed. These projects are engineer-to-order enforceable right to payment for the performance order) projects, which deliver highly customized completed to date in a situation with termination turnkey systems for shipyards around the by the customer for other reasons than Nekkar\u2019s world. The projects are highly specialized failure to perform as promised (termination by systems for each individual project, with no convenience). alternative use for the company, and where each project is considered one performance Nekkar has assessed the right to payment to obligation.date from a legal point of view. The result of the contract review is that the relevant contract either For the performance obligations identified in includes a termination by convenience clause the contracts, it is assessed that control will be that is in favor of the group, or that general legal transferred to the customer over time as the basis in the relevant jurisdiction is in favor of the items are constructed. group, thus Nekkar have the legal right to require payment from the customer for performance to date. Payment covers approximately the expected selling price of the goods and services transferred to date, which equals cost plus a reasonable profit margin. Based on this it is the company\u2019s assessment that revenue recognition over time is correct for these contracts. In addition, there is often no alternative use.Measure of progress is based on cost incurred relative to the total expected cost to satisfy the performance obligation. Upgrade contracts Long-term upgrade contracts with a typical The analysis of the criteria for \u201cover time\u201d revenue (Engineer-to-duration of 12-24 months from contracts are recognition for these types of contracts is linked order) signed, to the projects are closed. These to Nekkar\u2019s performance enhancing an asset that projects are engineer-to-order projects, the customer controls as the asset is enhanced or which deliver upgrades of existing shiplift upgraded. systems with highly customized turnkey systems for shipyards around the world. The Nekkar has assessed that the customer controls projects are highly specialized systems for the asset throughout the upgrade. The asset each individual project, with no alternative use is in operation throughout most of the project for the company, that the customer controls phase and all installation will happen on throughout the project phase and where customer premises. As such the customer has each project is considered one performance physical control of the asset including control obligation.over functional and operational structures. Legal ownership of the work performed is also For the performance obligations identified in transferred to the customer as the work is carried the contracts, it is assessed that control will be out. Based on this it is the company\u2019s assessment transferred to the customer over time as the that revenue recognition over time is correct for items are constructed. these contracts.Measure of progress is based on cost incurred relative to the total expected cost to satisfy the performance obligation.Nature and timing of satisfaction of Type of contract performance obligation Revenue recognition under IFRS 15 Construction Long-term construction contracts with \u201cPoint-in-time\u201d revenue recognition where contracts a typical duration of 18-48 months from revenue is recognized when the goods are (Alternative user) contracts are signed, to the projects are delivered and have been accepted by the closed. These projects are engineer-to-order customer at their premises.projects, which deliver turnkey systems for shipyards around the world. The projects are specialized systems for each individual project, however there might be an alternative use for the company.Service- and after The company delivers service-based business, Revenue from contracts with customers for other sales contractswhere work is done on the customers\u2019 ser-vices is recognized over-time using a cost equipment. These deliveries are man-hour progress meth-od or is recognized over-time based and considered over-time deliveries. as manhours and materials are delivered to the Spare parts as part of the service delivery customer.are recognized upon delivery. The lead time from order to completed customer delivery is Revenue from contracts with customers for normally less than three months. after sales are recognized at point-in-time upon delivery. For after-sales contracts, in which there are sales of components etc, revenue is recognized upon delivery.2.17 CONTRACT COSTS For revenue where performance obligations are satisfied over time, which is the primary source of revenue at the group, all cost are recognized as expensed when incurred because control of the work in progress transfers continuously to the customer as it is produced and not at discrete intervals.For contracts where performance obligations are satisfied at a point in time, IAS 2, Inventory, sets up the accounting.Cost to obtain a contract are immaterial for the group and expensed when incurred.Balance sheet classification For contracts recognized \u201cover-time\u201d, an amount equal to completed, not invoiced, performance obligations based on transaction price are recognized as contract asset, while prepayments from customers are recognized as contract liability. For contracts where there is both a contract asset and a contract liability, it is presented as net in the consolidated statement of financial position.Onerous contracts The full loss is recognized immediately if contracts are forecast to be lossmaking. The full loss includes all relevant contract costs. 2.18 IMPAIRMENT OF ASSETS Non-financial assets At the reporting date, the group assesses whether there are indications that an asset may be impaired. If any indication exists, or when annual impairment testing for an asset is required, the group estimates the asset\u2019s recoverable amount. For goodwill and intangible assets not yet available for use, or with an indeterminable useful life, the recoverable amount is estimated at the same time each year. An asset\u2019s recoverable amount is the higher of an assets or cash-generating unit\u2019s (CGU) fair value less costs of disposal and its value in use. A recoverable amount is determined for an individual asset, unless the asset does not generate cash inflows that are largely independent of those from other assets or groups of assets. When the carrying amount of an asset or CGU exceeds its recoverable amount, the asset is considered impaired and is written down to its recoverable amount.In the assessment of value in use, the estimated future cash flow is discounted to net present value, with a pretax market-based discount rate. The rate considers the time value of money and asset-specific risk. With the purpose of testing for impairment, assets that have not been tested individually are grouped in the smallest identifiable group of assets that generate incoming cash flow which in all material aspects is independent of incoming cash flows from other assets or group of assets (cash generating units or CGU). Impairment is determined for goodwill by assessing the recoverable amount of each CGU (or group of CGUs) to which the goodwill relates.Impairment losses relating to goodwill cannot be reversed in future periods. For other assets, an assessment is made on each reporting date whether there are indications that previously recognized impairment losses no longer exist or have decreased. A previously recognized impairment loss is reversed only if there has been a change in the assumptions used to determine the asset\u2019s recoverable amount since the last impairment loss was recognized. The reversal is limited so that the carrying amount of the asset does not exceed its recoverable amount, nor exceed the carrying amount that would have been determined, net of depreciation, had no impairment loss been recognized for the asset in prior years.2.19 CASH FLOW STATEMENT The cash flow statement has been prepared based on the indirect method. 2.20 EARNINGS PER SHARE The basic earnings per share and diluted earnings per share are presented for ordinary shares. The basic earnings per share are calculated by dividing the period\u2019s earnings attributable to owners of the ordinary shares adjusted for the number of own shares. Diluted earnings per share are calculated by adjusting the earnings and the weighted average number of ordinary outstanding shares, adjusted for the number of own shares, for potential dilution effects. 2.21 FINANCIAL INCOME AND COST Financial income consists of capital gains on financial investments and changes to fair value of financial assets to fair value in profit and loss. Interest income is recognized in profit and loss using the effective interest method. Financial costs comprise interest costs on loans, the effect of interest in discounted accruals, changes to the fair value of financial assets to fair value in profit and loss, and impairment of financial assets. Borrowing costs not directly attributable to acquisition, processing or production of a qualifying asset, are included in profit and loss using the effective interest rate method. Foreign currency gains and losses are reported as net.2.22 EQUITY Transaction costs directly related to an equity transaction are recognized directly in equity after deducting tax expenses. 2.23 CONTINGENT LIABILITIES AND ASSETS Contingent liabilities are not recognized in financial statements. Significant contingent liabilities are disclosed, except for contingent liabilities that are unlikely to be incurred. Liabilities are recognized unless a reliable estimate can be made. If no reliable estimate can be made, the group accounts for the liability as a contingent liability.3. Financial risk management 3.1 FINANCIAL RISK FACTORS The group\u2019s activities involve various types of financial risk; market risk (including currency risk and interest rate risk), credit risk, liquidity risk and operational risk. The Board of Directors has the primary responsibility for establishing and supervising the group\u2019s framework for risk management. Risk management principles were established to identify and analyze the risk to which the group is exposed. Principles and systems for risk management are regularly reviewed to reflect any changes in activities and market conditions. The audit committee reviews management\u2019s monitoring of the group\u2019s principles and procedures for risk management. The group\u2019s main risk management plan focuses on the unpredictability of the capital market and attempts to minimize its potentially negative effects on the group\u2019s financial results. The group engages in international operations and is especially exposed to currency risk. The group uses hedging to reduce the risk of currency exposure. The group has a decentralized structure with operational supervision of the various business units, where the main management of financial risk is determined by the Board of Directors. This applies to areas such as currency risk, interest rate risk, credit risk and use of financial derivatives. For the classification of financial assets and liabilities, reference is made to Note 19.MARKET RISK Market risk is the risk of changes to market prices, such as foreign exchange rates interest and commodities, affecting the income or value of financial instruments. Management of market risk intends to monitor that risk exposure lies within a set framework. The companies of the group buy and sell financial derivatives and incur financial obligations to control market risk. Transactions are carried out within the guidelines issued by the group. Hedge accounting is used for FX contracts that qualify for hedge accounting. The remaining contracts are measured at fair value through profit and loss. There are several risks related to the market development for Nekkar\u2019s products and services. Nekkar monitors these risks through its sales network and by monitoring relevant available information on trends like shipyard utilization indicators, investment trends and oil prices.Further description of the group\u2019s market risk can be found in the Directors\u2019 report. a) Currency risk The group operates worldwide and is exposed to currency risk in foreign currencies. Exposure to the risk in foreign exchange rates relates primarily to the group\u2019s operating activities (when revenue or expense is denominated in foreign currencies). The group manages its foreign currency risk by hedging the net exposure in foreign currencies, which is mainly USD and EUR. Currency cash flow forecasts are reviewed on a regular basis and the group aims to hedge a portion of the forecasted net currency exposure that matures within a 24-months period. Forward exchange contracts are used as hedging instruments, and they are designated as hedges of firm commitments for those hedging relationships that qualify for hedge accounting. When necessary, forward exchange contracts are prolonged as they mature. For other monetary assets and obligations in foreign currency, net exposure is monitored and is adjusted by purchasing and selling foreign currency when necessary. The group has insignificant investments in foreign subsidiaries where net assets are exposed to currency risk at conversion of currency. b) Interest rate risk Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. As per 31 December 2024, the group does not have any interest-bearing debt, hence no material exposure to the risk of changes in market interest rates. The group\u2019s surplus liquidity is in the form of bank deposits. Any divergence from the use of a floating rate of interest and placement of surplus liquidity shall be determined by the Board of Directors.Items exposed to interest rate risk are mainly related to bank deposits and undrawn credit facilities. c) Price risk The group is exposed to fluctuations in market prices in the operational areas related to contracts, including changes in market prices for raw materials and equipment and development in wages. These risks are to the extent possible managed in the bid processes by locking in committed prices from vendors as a basis for offers to customers, or by striving to place purchase orders to vendors as soon as possible after contract signing or through escalation clauses with customers. Furthermore, the majority of Nekkar\u2019s long-term service contracts with customers have built-in clauses that ensure annual inflation adjustments that correspond to recognized consumer price indices or similar. Nekkar also has internal processes in place to effectively manage price risk, including mandatory internal controls and safeguarding processes for tenders and contracts. CREDIT RISK Credit risk is the risk that a counterparty will not meet its obligations under a financial instrument or customer contract, leading to a financial loss. The group is exposed to credit risk from its operating activities (primarily for trade receivables and contract assets) and from its financing activities, including deposits with bank and financial institutions, foreign exchange transactions and other financial instruments. Credit risk is handled at a corporate level. The credit risk is reduced through distribution on several counterparts. Requirements to credit ratings have been established toward counterparts, and new customers are subject to credit rating test. In order to minimize the risk of losses the group applies comprehensive use of Letters of Credit toward its customers. The group carries out assessment of credit risk to the political structure depending on the economic importance of the agreements based on assessments from the OECD and other equivalent factors. Maximum risk exposure is represented by the extent of financial assets recognized in the balance sheet. Please find additional information in Note 19. The counterparties for derivatives and bank deposits are investment grade rated banks (Nordea and DNB), and the credit risk related to these are considered insignificant.As of 31.12, the group had the following maturity distribution on its external customers:0-3 3-6 >6 (NOK months months months 1000) Total Not dueoverdueoverdueoverdue31.12.2024 151 819 60 062 73 367 7 399 10 99231.12.2023 85 269 45 962 15 214 5 983 18 110For accounts receivable that are not yet due, the assessment is, based on previous experience, that there is no need to impair the value. Accounts receivable relate to independent customers who have no previous history of failing to fulfill their obligations to the group. Invoicing is largely done in accordance with milestone-based progress in each project. The above table is presented net of bad debt provisions. As per 31 December 2024, a provision NOK 23 million is included due to uncertainty for payment in three projects. Hence, the gross amount of accounts receivables > 6 months overdue is NOK 34 million. Additional information on accounts receivable is available in Note 9. LIQUIDITY RISK Liquidity risk is the risk of the group being unable to fulfill its financial obligations as they fall due. Liquidity risk management implies maintaining sufficient cash and committed credit facilities for the group to meet obligations as they mature for payment. As of 31 December 2024, the group\u2019s credit facilities include a guarantee and derivatives facility of NOK 350 million, an overdraft facility of NOK 100 million and a revolving credit facility of NOK 100 million. All facilities are with Nordea. As per 31 December 2024, the group had drawn NOK 284 million of the guarantee facility. No amount has been drawn on the overdraft and the revolving credit facility.The group is continuously focusing on efficient management of working capital to optimize cash flow from operations. The group has established a joint cash pool arrangement. The cash pool arrangement improves accessibility and flexibility in the management of liquidity funds. The group\u2019s liquidity development is continuously monitored based on liquidity forecasts from the Business units.The group\u2019s strategy is always to have sufficient cash reserves or credit facilities available to be able to finance its operations and investments.The table below gives an overview of the structure of maturity of the group\u2019s financial obligations: Remaining period: Amounts in NOK 1000 < 6 months 6-12 months 1-5 years > 5 years Total2024Long-term financial obligations: Interest-bearing non-current liabilities - - - -Current financial obligations:Embedded derivatives 2 981 2 981FX-derivatives 5 661 1 104 1 291 - 8 056Prepayments from customers 74 629 - - - 74 629Accounts payable and other current liabilities 158 428 - - - 158 428Total financial obligations 238 718 1 104 4 272 - 244 0942023Long-term financial obligations:Interest-bearing non-current liabilities - - - - -Current financial obligations:FX-derivatives - - - - -Prepayments from customers 39 002 - - - 39 002Accounts payable and other current liabilities 103 542 - - - 103 542Total financial obligations 142 544 - - - 142 544CLIMATE RISK Nekkar develops digitalized impact technologies that aim to unlock customer value, including reduction of environmental footprint and CO2-emissions, in numerous industries including renewables, aquaculture, shipping and offshore energy. As such, climate change represents both a risk and an opportunity for Nekkar. Nekkar considers its main climate risks to be associated with the global ambition/implementation gap for the transition to more renewable energy, as well as climate policy and taxation changes that could limit or delay the adoption of Nekkar\u2019s new technologies that are enablers to reduce the carbon footprint in the industries the company operates. This applies to both the renewables and aquaculture industries. Nekkar\u2019s exposure to the oil and gas industry is limited today but could grow in the coming years. The offshore energy industry has been identified as high risk by the Task Force on Climate-Related Financial Disclosures, and the industry is under pressure to reduce its emissions. Although the Ukraine war and associated energy shortage in Europe is likely to result in heavy investments in the offshore energy industry in the coming years, there is a long-term risk of declining investment in upstream oil and gas. However, the software and technologies that Nekkar delivers are capable of significantly reducing drilling time and amount of personnel required offshore, thereby substantially reducing the carbon footprint associated with this type of offshore operations. As such, climate-related risks also represent an opportunity for Nekkar. The energy transition may shorten the expected useful lives of oil and gas-related assets, which can accelerate depreciation charges. However, Nekkar is primarily a software supplier to the oil and gas industry, which means that the company does not expect assessment of the effect on useful lives to have significant accounting impact. Another climate risk is the increase in the frequency and intensity of extreme weather events. As the large majority of Nekkar\u2019s operations in based in Norway, this expectation is not assessed to lead to any effects on expected useful economic life of property, plant and equipment. However, extreme weather could result in delayed project progress, for example for installation of shiplifts in parts of the world that are more exposed to extreme weather. This could potentially mean that revenue and margin recognition could be delayed in such projects. Nekkar has not experienced any delays caused by extreme weather events during 2024. Overall, it is Nekkar\u2019s view that the company is well positioned to profit from a stronger focus on reducing emissions from the industries the company operates within, and that there are more positive business opportunities than negative risks associated with stronger industry efforts on reducing emissions and combating climate change. Nekkar has considered the impact of climate change on going concern. Effective assessment and analysis of climate-related risks and opportunities is vital to understand the potential impacts of climate-related risks on asset valuations, revenue and investment requirements. For 2024, Nekkar has therefore defined an objective to conduct a detailed climate risk analysis and set carbon footprint reduction goals for the company. OPERATIONAL RISK Operational risk is the risk of direct or indirect losses because of a whole range of causes related to the group\u2019s processes, personnel, technology and infrastructure, as well as external factors besides credit risk, market risk and liquidity risk that follow from laws, rules and generally accepted principles for business conduct. Operational risk arises in all the group\u2019s business areas. The group\u2019s deliveries are primarily organized in the form of projects. The group continuously strives to improve operations and projects implementation. This further includes operational and financial qualification of major sub-suppliers to reduce project completion risk. The group handles operational risk so that a balance is reached between avoiding economic loss or damage to the group\u2019s reputation, general cost effectiveness, and avoiding control routines that limit initiative and creativity. The responsibility to develop and implement controls designed to handle operational risk is allocated to the top management within each business area. This responsibility is supported by developing the overall group standard for management of operational risk in various areas. 3.2 ESTIMATION OF FAIR VALUE The fair value of financial instruments traded in an active market is based on the market value on the balance sheet date. The group has no such items in the financial statement. Fair value of financial instruments not traded in an active market is estimated using valuation techniques (primarily discounted future prospective cash flows) or other relevant information for giving a best estimate of fair value on the balance sheet date. Examples of this are forward contracts in foreign currencies where fair value is calculated by using the change in the currency on the balance sheet date.Fair value of drawings/technology acquired in a business combination is determined using the relief of royalty method. The valuation is based on the concept that if the company owns a technology, it does not have to rent and is then relieved from paying a royalty. The fair value of other intangible assets is based on the discounted cash flows expected to be derived from the use and eventual sale of the assets.4. Use of judgement and estimates The key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year, are described below. The group based its assumptions and estimates on parameters available when the consolidated financial statements were prepared. Existing circumstances and assumptions about future developments, however, may change due to market changes or circumstances arising beyond the control of the group. Such changes are reflected in the assumptions when they occur.In preparing these consolidated financial statements, management has made judgements, estimates and assumptions that affect the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates.Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to estimates are recognized prospectively. a) Judgements Information about judgements made in applying accounting policies that have the most significant effects on the amounts recognized in the consolidated financial statements is included below and in respective notes:\u2022 Revenue recognition - Right to payment (IFRS 15): For contracts with no termination for convenience clause, the group\u2019s enforceable right to payment is subject to general law in the relevant jurisdiction. In most cases with termination, the group is responsible for mitigating the customers\u2019 losses by maximizing revenue from alternative sources. Based on historic numbers and current estimates, alternative revenue sources are considered insignificant. Consequently, the major portion of a contract\u2019s value and company profit will be compensated by the initial contract holder. \u2022 Business combination \u2013 management has identified customer relations as the only intangible assets in the business combination in 2024. This assessment is subject to use of judgement by management.b) Assumptions and estimation uncertainties Information about assumptions and estimation uncertainties that have a risk of resulting in a material adjustment to the carrying amounts of assets and liabilities within the year ending 31 December 2024 is included below and in respective notes:\u2022 Impairment test of intangible assets: key assumptions underlying recoverable amounts. For further description of assumptions and estimation uncertainties, please see Note 7.\u2022 Revenue recognition of construction contracts: Recognition of revenue from construction contracts is done in accordance with the percentage of completion method, ref. IFRS 15. The assessment of project costs is based on several estimates and assessments, each of which has an inherent uncertainty. The percentage of completion method requires that the group prepare reliable estimates for future costs for each project.\u2022 Warranty liability: The group customarily offers a warranty period of one or three years on its delivered products. Management estimates accruals for future guaranteed commitments based on information from historical guaranteed claims, together with updated information on the quality of recent deliveries. Factors that may affect estimated obligations include the outcome of productivity and quality initiatives, reference prices and labor costs.\u2022 Business combination: There is estimation uncertainty in estimating the fair value of customer relations acquired in business combination. Key assumptions are future earnings from current customers, churn rate and contributory asset charges.\u2022 Business combinations: There is estimation uncertainty in estimating the fair value of the recognized put liability. Key assumptions are forecasted profitability in 2027.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfMaterialAccountingPolicyInformationExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__7": {
"value": "Nekkar ASA",
"dimensions": {
"concept": "ifrs-full:NameOfUltimateParentOfGroup",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__6": {
"value": "Nekkar ASA",
"dimensions": {
"concept": "ifrs-full:NameOfParentEntity",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__5": {
"value": "Nekkar ASA",
"dimensions": {
"concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__8": {
"value": "ASA",
"dimensions": {
"concept": "ifrs-full:LegalFormOfEntity",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__12": {
"value": "Norway",
"dimensions": {
"concept": "ifrs-full:PrincipalPlaceOfBusiness",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__11": {
"value": "Norway",
"dimensions": {
"concept": "ifrs-full:DomicileOfEntity",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__10": {
"value": "Norway",
"dimensions": {
"concept": "ifrs-full:CountryOfIncorporation",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__9": {
"value": "Lumberveien 27 in Kristiansand, Norway",
"dimensions": {
"concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__13": {
"value": "Nekkar is an industrial company builder focused on ocean-based technology. The company invests in and develops technology businesses within sustainable oceans, robotics & intelligent logistics and digital solutions.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__18": {
"value": "1.2 BASIS OF PREPARATION Nekkar\u2019s consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS), as adopted by the European Union. Standards and interpretations effective for annual periods beginning on or after 1 January 2025 have not been applied in preparing these consolidated financial statements. The consolidated financial statements of the group for the year ended 31 December 2024 were approved by the Board of Directors on 29 April 2025.The consolidated financial statements were prepared based on uniform accounting principles for similar transactions and events under similar circumstances. The consolidated financial statements are presented in NOK. Financial information is presented and rounded to the nearest thousands, except were stated otherwise.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__17": {
"value": "1.2 BASIS OF PREPARATION Nekkar\u2019s consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS), as adopted by the European Union. Standards and interpretations effective for annual periods beginning on or after 1 January 2025 have not been applied in preparing these consolidated financial statements. The consolidated financial statements of the group for the year ended 31 December 2024 were approved by the Board of Directors on 29 April 2025.The consolidated financial statements were prepared based on uniform accounting principles for similar transactions and events under similar circumstances. The consolidated financial statements are presented in NOK. Financial information is presented and rounded to the nearest thousands, except were stated otherwise.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__16": {
"value": "1.2 BASIS OF PREPARATION Nekkar\u2019s consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS), as adopted by the European Union. Standards and interpretations effective for annual periods beginning on or after 1 January 2025 have not been applied in preparing these consolidated financial statements. The consolidated financial statements of the group for the year ended 31 December 2024 were approved by the Board of Directors on 29 April 2025.The consolidated financial statements were prepared based on uniform accounting principles for similar transactions and events under similar circumstances. The consolidated financial statements are presented in NOK. Financial information is presented and rounded to the nearest thousands, except were stated otherwise.",
"dimensions": {
"concept": "ifrs-full:StatementOfIFRSCompliance",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__19-1": {
"value": "2. Summary of key accounting principles The accounting principles set out below have been applied consistently to all periods presented in the consolidated financial statements and have been applied consistently by group entities.b) Current versus non-current classification An asset is classified as current when it is expected to be realized or intended to be sold or consumed in the normal operating cycle, held primarily for the purpose of trading, expected to be realized within twelve months after the reporting period, or is cash or cash equivalent. All other assets are classified as non-current. A liability is classified as current when it is expected to be settled in normal operating cycle, it is held primarily for the purpose of trading, it is due to be settled within twelve months after the reporting period, or there is no unconditional right to defer the settlement of the liability for at least twelve months after the reporting period. The group classifies all other liabilities as non-current. Deferred tax assets and liabilities are classified as non-current assets and liabilities.2.17 CONTRACT COSTS For revenue where performance obligations are satisfied over time, which is the primary source of revenue at the group, all cost are recognized as expensed when incurred because control of the work in progress transfers continuously to the customer as it is produced and not at discrete intervals.For contracts where performance obligations are satisfied at a point in time, IAS 2, Inventory, sets up the accounting.Cost to obtain a contract are immaterial for the group and expensed when incurred.Balance sheet classification For contracts recognized \u201cover-time\u201d, an amount equal to completed, not invoiced, performance obligations based on transaction price are recognized as contract asset, while prepayments from customers are recognized as contract liability. For contracts where there is both a contract asset and a contract liability, it is presented as net in the consolidated statement of financial position.Onerous contracts The full loss is recognized immediately if contracts are forecast to be lossmaking. The full loss includes all relevant contract costs.2.22 EQUITY Transaction costs directly related to an equity transaction are recognized directly in equity after deducting tax expenses.CLIMATE RISK Nekkar develops digitalized impact technologies that aim to unlock customer value, including reduction of environmental footprint and CO2-emissions, in numerous industries including renewables, aquaculture, shipping and offshore energy. As such, climate change represents both a risk and an opportunity for Nekkar. Nekkar considers its main climate risks to be associated with the global ambition/implementation gap for the transition to more renewable energy, as well as climate policy and taxation changes that could limit or delay the adoption of Nekkar\u2019s new technologies that are enablers to reduce the carbon footprint in the industries the company operates. This applies to both the renewables and aquaculture industries. Nekkar\u2019s exposure to the oil and gas industry is limited today but could grow in the coming years. The offshore energy industry has been identified as high risk by the Task Force on Climate-Related Financial Disclosures, and the industry is under pressure to reduce its emissions. Although the Ukraine war and associated energy shortage in Europe is likely to result in heavy investments in the offshore energy industry in the coming years, there is a long-term risk of declining investment in upstream oil and gas. However, the software and technologies that Nekkar delivers are capable of significantly reducing drilling time and amount of personnel required offshore, thereby substantially reducing the carbon footprint associated with this type of offshore operations. As such, climate-related risks also represent an opportunity for Nekkar. The energy transition may shorten the expected useful lives of oil and gas-related assets, which can accelerate depreciation charges. However, Nekkar is primarily a software supplier to the oil and gas industry, which means that the company does not expect assessment of the effect on useful lives to have significant accounting impact. Another climate risk is the increase in the frequency and intensity of extreme weather events. As the large majority of Nekkar\u2019s operations in based in Norway, this expectation is not assessed to lead to any effects on expected useful economic life of property, plant and equipment. However, extreme weather could result in delayed project progress, for example for installation of shiplifts in parts of the world that are more exposed to extreme weather. This could potentially mean that revenue and margin recognition could be delayed in such projects. Nekkar has not experienced any delays caused by extreme weather events during 2024. Overall, it is Nekkar\u2019s view that the company is well positioned to profit from a stronger focus on reducing emissions from the industries the company operates within, and that there are more positive business opportunities than negative risks associated with stronger industry efforts on reducing emissions and combating climate change. Nekkar has considered the impact of climate change on going concern. Effective assessment and analysis of climate-related risks and opportunities is vital to understand the potential impacts of climate-related risks on asset valuations, revenue and investment requirements. For 2024, Nekkar has therefore defined an objective to conduct a detailed climate risk analysis and set carbon footprint reduction goals for the company.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfOtherAccountingPoliciesRelevantToUnderstandingOfFinancialStatements",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__21": {
"value": "2.1 BASIC PRINCIPLES a) New accounting standards and amendments The accounting policies adopted are consistent with those of the previous financial year.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__20": {
"value": "2.1 BASIC PRINCIPLES a) New accounting standards and amendments The accounting policies adopted are consistent with those of the previous financial year.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesAccountingEstimatesAndErrorsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__23-1": {
"value": "c) Fair value measurement The group measures financial instruments, such as derivatives, at fair value, as defined in IFRS 13, at eachfinancial position date.3.2 ESTIMATION OF FAIR VALUE The fair value of financial instruments traded in an active market is based on the market value on the balance sheet date. The group has no such items in the financial statement. Fair value of financial instruments not traded in an active market is estimated using valuation techniques (primarily discounted future prospective cash flows) or other relevant information for giving a best estimate of fair value on the balance sheet date. Examples of this are forward contracts in foreign currencies where fair value is calculated by using the change in the currency on the balance sheet date.Fair value of drawings/technology acquired in a business combination is determined using the relief of royalty method. The valuation is based on the concept that if the company owns a technology, it does not have to rent and is then relieved from paying a royalty. The fair value of other intangible assets is based on the discounted cash flows expected to be derived from the use and eventual sale of the assets.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__25": {
"value": "2.2 BASIS FOR CONSOLIDATION a) Subsidiaries Subsidiaries are entities which Nekkar controls. Control is achieved when the group is exposed, or hasrights, to variable returns from its involvement with the investee and can affect those returns through its power over the investee. Subsidiaries are consolidated from the date of acquisition, being the date on which the group obtains control, and continue to be consolidated until the date when such control ceases. In cases where Nekkar achieves control over an entity, business combinations are accounted for using the acquisition method. Non-controlling interests are presented separately as equity in the group\u2019s consolidated statement of financial position.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSubsidiariesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__24": {
"value": "2.2 BASIS FOR CONSOLIDATION a) Subsidiaries Subsidiaries are entities which Nekkar controls. Control is achieved when the group is exposed, or hasrights, to variable returns from its involvement with the investee and can affect those returns through its power over the investee. Subsidiaries are consolidated from the date of acquisition, being the date on which the group obtains control, and continue to be consolidated until the date when such control ceases. In cases where Nekkar achieves control over an entity, business combinations are accounted for using the acquisition method. Non-controlling interests are presented separately as equity in the group\u2019s consolidated statement of financial position.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__26": {
"value": "2.3 SEGMENT INFORMATION For management purposes, the group is organized into segments based on its products and services (legal entities). The Board of directors monitors the operating results of its entity separately to make decisions about resource allocation and assess performance. Performance is evaluated based on profit or loss in the different legal entities and is measured consistently with profit or loss in the consolidated financial statements. However, some of the group\u2019s financing connected to group cash pool (including finance costs and finance income) is managed at group level and is not allocated to operating segments.Group support functions from the parent company along with technology ventures are presented as \u201cOther\u201d. Refer to Note 1 for further details.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__27": {
"value": "2.4 FOREIGN CURRENCIES a) Functional and presentation currencies The financial statements of the individual entities in the group are measured in the currency primarily used in the economic area where the unit operates (functional currency). The consolidated financial statements are presented in Norwegian kroner (NOK), which is the functional and presentation currency of the parent company, and the presentation currency of the group.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__28": {
"value": "b) Transactions and balance sheet itemsTransactions in foreign currencies are translated into the functional currency using the currency spot rates at the time of recognition. Foreign currency gains and losses that arise from the payment of such transactions, and the currency conversion effect from monetary items (assets and liabilities) nominated in foreign currencies, which are valued at the currency spot rates at the balance sheet date, are recognized in profit and loss. Non-monetary items measured at historical cost in foreign currency are translated into functional currency using the exchange rates as at the dates of the initial transaction. c) Group companies On consolidation, the assets and liabilities of foreign operations are converted into NOK at the rate of exchange prevailing at the reporting date and their income statements are translated at average exchange rates. Currency effects derived from consolidation are recognized in other comprehensive income. On disposal of a foreign operation, the component of other comprehensive income relating to the specific foreign operation is reclassified to profit or loss.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__32": {
"value": "2.5 PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment are recognized in the financial statements at cost less accumulated depreciation and accumulated impairment. Cost includes the costs directly related to the acquisition of the fixed asset. Subsequent expenditures are capitalized when it is likely that the group will receive future economic benefits from the expenditure, and the expenditure can be measured reliably. Other repair and maintenance costs are recognized in profit or loss in the period when the expenses are incurred.Property, plant and equipment are depreciated based on the straight-line method. Historical cost of the fixed asset is depreciated to the residual value over expected useful life, which is:\u2022 Machinery and vehicles 3-5 years\u2022 Fixtures/office equipment 5-10 years\u2022 Computer equipment 3-5 yearsIndicators related to possible impairment requirements are monitored continuously. If the carrying value of the fixed asset is higher than the estimated recoverable amount, the value is impaired to a recoverable amount.Gains and losses from disposal of assets are recognized in profit or loss and represent the difference between the sales price and the carrying value.Depreciation methods, useful lives and residual values are assessed at the reporting date and adjusted when required.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForRepairsAndMaintenanceExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__31": {
"value": "2.5 PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment are recognized in the financial statements at cost less accumulated depreciation and accumulated impairment. Cost includes the costs directly related to the acquisition of the fixed asset. Subsequent expenditures are capitalized when it is likely that the group will receive future economic benefits from the expenditure, and the expenditure can be measured reliably. Other repair and maintenance costs are recognized in profit or loss in the period when the expenses are incurred.Property, plant and equipment are depreciated based on the straight-line method. Historical cost of the fixed asset is depreciated to the residual value over expected useful life, which is:\u2022 Machinery and vehicles 3-5 years\u2022 Fixtures/office equipment 5-10 years\u2022 Computer equipment 3-5 yearsIndicators related to possible impairment requirements are monitored continuously. If the carrying value of the fixed asset is higher than the estimated recoverable amount, the value is impaired to a recoverable amount.Gains and losses from disposal of assets are recognized in profit or loss and represent the difference between the sales price and the carrying value.Depreciation methods, useful lives and residual values are assessed at the reporting date and adjusted when required.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__30-1": {
"value": "2.5 PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment are recognized in the financial statements at cost less accumulated depreciation and accumulated impairment. Cost includes the costs directly related to the acquisition of the fixed asset. Subsequent expenditures are capitalized when it is likely that the group will receive future economic benefits from the expenditure, and the expenditure can be measured reliably. Other repair and maintenance costs are recognized in profit or loss in the period when the expenses are incurred.Property, plant and equipment are depreciated based on the straight-line method. Historical cost of the fixed asset is depreciated to the residual value over expected useful life, which is:\u2022 Machinery and vehicles 3-5 years\u2022 Fixtures/office equipment 5-10 years\u2022 Computer equipment 3-5 yearsIndicators related to possible impairment requirements are monitored continuously. If the carrying value of the fixed asset is higher than the estimated recoverable amount, the value is impaired to a recoverable amount.Gains and losses from disposal of assets are recognized in profit or loss and represent the difference between the sales price and the carrying value.Depreciation methods, useful lives and residual values are assessed at the reporting date and adjusted when required.Development Research costs are expensed as incurred. Development activities include design or planning of production of new or significantly improved products and processes. Development costs associated with development of new products are capitalized to the extent that they can be reliably measured, the product or process is technically, or commercially feasible, future financial benefits are likely, and the group intends and has sufficient resources to complete the development, and to sell or use the asset. Capitalized development costs include materials, direct labor, directly attributable overheads and capitalized borrowing costs. Development costs are depreciated over their expected useful life (2 to 15 years). Public grants related to capitalized development projects are recognized as a reduction of capitalized costs.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForExpensesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__29": {
"value": "2.5 PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment are recognized in the financial statements at cost less accumulated depreciation and accumulated impairment. Cost includes the costs directly related to the acquisition of the fixed asset. Subsequent expenditures are capitalized when it is likely that the group will receive future economic benefits from the expenditure, and the expenditure can be measured reliably. Other repair and maintenance costs are recognized in profit or loss in the period when the expenses are incurred.Property, plant and equipment are depreciated based on the straight-line method. Historical cost of the fixed asset is depreciated to the residual value over expected useful life, which is:\u2022 Machinery and vehicles 3-5 years\u2022 Fixtures/office equipment 5-10 years\u2022 Computer equipment 3-5 yearsIndicators related to possible impairment requirements are monitored continuously. If the carrying value of the fixed asset is higher than the estimated recoverable amount, the value is impaired to a recoverable amount.Gains and losses from disposal of assets are recognized in profit or loss and represent the difference between the sales price and the carrying value.Depreciation methods, useful lives and residual values are assessed at the reporting date and adjusted when required.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__34": {
"value": "2.6 INTANGIBLE ASSETS Intangible assets that have been acquired separately are measured on initial recognition at cost. The cost of intangible assets acquired through a business combination is their fair value at the date of acquisition. Capitalized intangible assets are recognized at a cost less than any amortization and impairment losses. Internally generated intangible assets are recognized as capitalized development costs.Intangible assets are written down and adjustment is made to amortization if the asset has been impaired Customer relationships and customer portfolio Customer relationships and customer portfolios are established through contracts with customers. Customer relationships and customer portfolio acquired through a business combination are recognized as an asset based on their fair value at the acquisition date. The customer relationship and customer portfolios have limited useful life and are amortized using the straight-line method over their expected useful life (10 years).Patents and licenses Patents and licenses have limited useful life and are recorded at historical cost in the balance sheet less depreciation. Patents and technology are amortized using the straight-line method over their expected useful life (2 to 15 years).Development Research costs are expensed as incurred. Development activities include design or planning of production of new or significantly improved products and processes. Development costs associated with development of new products are capitalized to the extent that they can be reliably measured, the product or process is technically, or commercially feasible, future financial benefits are likely, and the group intends and has sufficient resources to complete the development, and to sell or use the asset. Capitalized development costs include materials, direct labor, directly attributable overheads and capitalized borrowing costs. Development costs are depreciated over their expected useful life (2 to 15 years). Public grants related to capitalized development projects are recognized as a reduction of capitalized costs.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__33-1": {
"value": "2.6 INTANGIBLE ASSETS Intangible assets that have been acquired separately are measured on initial recognition at cost. The cost of intangible assets acquired through a business combination is their fair value at the date of acquisition. Capitalized intangible assets are recognized at a cost less than any amortization and impairment losses. Internally generated intangible assets are recognized as capitalized development costs.Intangible assets are written down and adjustment is made to amortization if the asset has been impaired Customer relationships and customer portfolio Customer relationships and customer portfolios are established through contracts with customers. Customer relationships and customer portfolio acquired through a business combination are recognized as an asset based on their fair value at the acquisition date. The customer relationship and customer portfolios have limited useful life and are amortized using the straight-line method over their expected useful life (10 years).Patents and licenses Patents and licenses have limited useful life and are recorded at historical cost in the balance sheet less depreciation. Patents and technology are amortized using the straight-line method over their expected useful life (2 to 15 years).Development Research costs are expensed as incurred. Development activities include design or planning of production of new or significantly improved products and processes. Development costs associated with development of new products are capitalized to the extent that they can be reliably measured, the product or process is technically, or commercially feasible, future financial benefits are likely, and the group intends and has sufficient resources to complete the development, and to sell or use the asset. Capitalized development costs include materials, direct labor, directly attributable overheads and capitalized borrowing costs. Development costs are depreciated over their expected useful life (2 to 15 years). Public grants related to capitalized development projects are recognized as a reduction of capitalized costs.2.7 BUSINESS COMBINATIONS AND GOODWILL When acquiring a business, financial assets and liabilities are recognized at fair value in the group opening balance. The consideration paid in a business combination is measured at fair value at the acquisition date.The initial accounting for a business combination can be changed if new information about the fair value at the acquisition date is present. The allocation can be amended within 12 months of the acquisition date if the initial accounting at the acquisition date was determined provisionally. The non-controlling interest is measured at fair value.Goodwill is initially measured at cost, being the excess of the aggregate of the consideration transferred and the amount recognized for non-controlling interests, and any previous interest held, over the net identifiable assets acquired and liabilities assumed. After initial recognition, goodwill is measured at cost less than any accumulated impairment losses. For impairment testing, goodwill acquired in a business combination is, from the acquisition date, allocated to each of the group\u2019s cash-generating units that are expected to benefit from the combination, irrespective of whether other assets or liabilities of the acquire are assigned to those units.Subsidiaries Subsidiaries encompass all entities over which the group wields control. Control is established when the group possesses the authority to direct the financial and operational strategies of an entity, thereby reaping benefits from its endeavors. Control is typically deemed to be present when the group holds more than 50 percent of the voting shares.Associated companies Associated companies are entities where the Group has significant influence but not control. Significant influence is assumed to exist when the Group has between 20 percent to 50 percent of the voting rights in a company. The consolidated financial statements include the Group\u2019s share of the profits/losses from associated companies are accounted for using the equity method, from the date significant influence was achieved.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__35": {
"value": "Development Research costs are expensed as incurred. Development activities include design or planning of production of new or significantly improved products and processes. Development costs associated with development of new products are capitalized to the extent that they can be reliably measured, the product or process is technically, or commercially feasible, future financial benefits are likely, and the group intends and has sufficient resources to complete the development, and to sell or use the asset. Capitalized development costs include materials, direct labor, directly attributable overheads and capitalized borrowing costs. Development costs are depreciated over their expected useful life (2 to 15 years). Public grants related to capitalized development projects are recognized as a reduction of capitalized costs.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__37": {
"value": "Government grants Government grants are recognized when it is reasonably certain that the company will meet the conditions stipulated for the grants and that the grants will be received. Tax credits related to development projects are classified as government grants if they ultimately are settled with cash. Grants relating to intangible assets are deducted from the carrying amount of the asset and recognized in profit or loss as a reduction of the depreciation charge over the lifetime of the assets.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForGovernmentGrants",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__40": {
"value": "2.7 BUSINESS COMBINATIONS AND GOODWILL When acquiring a business, financial assets and liabilities are recognized at fair value in the group opening balance. The consideration paid in a business combination is measured at fair value at the acquisition date.The initial accounting for a business combination can be changed if new information about the fair value at the acquisition date is present. The allocation can be amended within 12 months of the acquisition date if the initial accounting at the acquisition date was determined provisionally. The non-controlling interest is measured at fair value.Goodwill is initially measured at cost, being the excess of the aggregate of the consideration transferred and the amount recognized for non-controlling interests, and any previous interest held, over the net identifiable assets acquired and liabilities assumed. After initial recognition, goodwill is measured at cost less than any accumulated impairment losses. For impairment testing, goodwill acquired in a business combination is, from the acquisition date, allocated to each of the group\u2019s cash-generating units that are expected to benefit from the combination, irrespective of whether other assets or liabilities of the acquire are assigned to those units.Subsidiaries Subsidiaries encompass all entities over which the group wields control. Control is established when the group possesses the authority to direct the financial and operational strategies of an entity, thereby reaping benefits from its endeavors. Control is typically deemed to be present when the group holds more than 50 percent of the voting shares.Associated companies Associated companies are entities where the Group has significant influence but not control. Significant influence is assumed to exist when the Group has between 20 percent to 50 percent of the voting rights in a company. The consolidated financial statements include the Group\u2019s share of the profits/losses from associated companies are accounted for using the equity method, from the date significant influence was achieved.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__39": {
"value": "2.7 BUSINESS COMBINATIONS AND GOODWILL When acquiring a business, financial assets and liabilities are recognized at fair value in the group opening balance. The consideration paid in a business combination is measured at fair value at the acquisition date.The initial accounting for a business combination can be changed if new information about the fair value at the acquisition date is present. The allocation can be amended within 12 months of the acquisition date if the initial accounting at the acquisition date was determined provisionally. The non-controlling interest is measured at fair value.Goodwill is initially measured at cost, being the excess of the aggregate of the consideration transferred and the amount recognized for non-controlling interests, and any previous interest held, over the net identifiable assets acquired and liabilities assumed. After initial recognition, goodwill is measured at cost less than any accumulated impairment losses. For impairment testing, goodwill acquired in a business combination is, from the acquisition date, allocated to each of the group\u2019s cash-generating units that are expected to benefit from the combination, irrespective of whether other assets or liabilities of the acquire are assigned to those units.Subsidiaries Subsidiaries encompass all entities over which the group wields control. Control is established when the group possesses the authority to direct the financial and operational strategies of an entity, thereby reaping benefits from its endeavors. Control is typically deemed to be present when the group holds more than 50 percent of the voting shares.Associated companies Associated companies are entities where the Group has significant influence but not control. Significant influence is assumed to exist when the Group has between 20 percent to 50 percent of the voting rights in a company. The consolidated financial statements include the Group\u2019s share of the profits/losses from associated companies are accounted for using the equity method, from the date significant influence was achieved.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__38": {
"value": "2.7 BUSINESS COMBINATIONS AND GOODWILL When acquiring a business, financial assets and liabilities are recognized at fair value in the group opening balance. The consideration paid in a business combination is measured at fair value at the acquisition date.The initial accounting for a business combination can be changed if new information about the fair value at the acquisition date is present. The allocation can be amended within 12 months of the acquisition date if the initial accounting at the acquisition date was determined provisionally. The non-controlling interest is measured at fair value.Goodwill is initially measured at cost, being the excess of the aggregate of the consideration transferred and the amount recognized for non-controlling interests, and any previous interest held, over the net identifiable assets acquired and liabilities assumed. After initial recognition, goodwill is measured at cost less than any accumulated impairment losses. For impairment testing, goodwill acquired in a business combination is, from the acquisition date, allocated to each of the group\u2019s cash-generating units that are expected to benefit from the combination, irrespective of whether other assets or liabilities of the acquire are assigned to those units.Subsidiaries Subsidiaries encompass all entities over which the group wields control. Control is established when the group possesses the authority to direct the financial and operational strategies of an entity, thereby reaping benefits from its endeavors. Control is typically deemed to be present when the group holds more than 50 percent of the voting shares.Associated companies Associated companies are entities where the Group has significant influence but not control. Significant influence is assumed to exist when the Group has between 20 percent to 50 percent of the voting rights in a company. The consolidated financial statements include the Group\u2019s share of the profits/losses from associated companies are accounted for using the equity method, from the date significant influence was achieved.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__42": {
"value": "2.8 FINANCIAL INSTRUMENTS With the exception of forward FX contracts (see 2.9), all financial assets are classified as financial assets measured at amortized cost. Trade receivable Accounts receivables are recognized at transaction price. For subsequent measurement the transaction price is not adjusted for significant financing component as customer payment for goods or services is expected within a year or less. Expected credit loss is passed on both macro-economic and entity specific factors. The group engage in further judgement for trade receivables not paid when due. The group don\u2019t use a provision matrix as allowed under IFRS 9.Contract assets (trade receivable)Contract assets, which mainly satisfy performance obligations not yet invoiced, are recognized with the estimated considerations according to IFRS 15 for the work performed. Contract assets are subject to impairment testing in the same manner as trade receivables. Recognition and measurement of financial liabilities All financial liabilities in the group are classified as financial liabilities as subsequently measured at amortized cost unless the financial liabilities are derivatives or financial liabilities held for trading, which are classified and measured at fair value.In subsequent periods, financial instruments are measured in accordance with classifications described above.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__43": {
"value": "Trade receivable Accounts receivables are recognized at transaction price. For subsequent measurement the transaction price is not adjusted for significant financing component as customer payment for goods or services is expected within a year or less. Expected credit loss is passed on both macro-economic and entity specific factors. The group engage in further judgement for trade receivables not paid when due. The group don\u2019t use a provision matrix as allowed under IFRS 9.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__45": {
"value": "Contract assets (trade receivable)Contract assets, which mainly satisfy performance obligations not yet invoiced, are recognized with the estimated considerations according to IFRS 15 for the work performed. Contract assets are subject to impairment testing in the same manner as trade receivables.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialAssetsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__44-1": {
"value": "Recognition and measurement of financial liabilities All financial liabilities in the group are classified as financial liabilities as subsequently measured at amortized cost unless the financial liabilities are derivatives or financial liabilities held for trading, which are classified and measured at fair value.In subsequent periods, financial instruments are measured in accordance with classifications described above.2.13 FINANCIAL LIABILITIES Non-derivative financial liabilities are initially recognized at fair value plus directly attributable transaction costs. After initial recognition, liabilities are measured at amortized costs using the effective interest method. Loans are classified as current liabilities unless there is an unconditional right to postpone payment of the debt by more than 12 months from the date of the balance sheet. The following year\u2019s payment is classified as short-term debt.The group de-recognizes financial liability when the contractual obligations are satisfied or cancelled.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__49": {
"value": "2.9 DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGE ACCOUNTING The group is exposed to fluctuations in foreign exchange rates, which may impact operating results. To mitigate this risk, the group utilizes financial derivatives to hedge contractual income and costs in foreign currencies. Additionally, certain contracts include pricing mechanisms that qualify as embedded derivatives under IFRS 9.Fair value hedging The group uses financial derivatives to hedge foreign currency risk. These derivatives are initially recognized at fair value and subsequently remeasured at fair value. Attributable transaction costs are recognized in profit or loss as incurred.If a hedge does not meet the criteria for hedge accounting, the derivative is carried at fair value through profit or loss as financial income or expense.Embedded derivativesEmbedded derivatives are separated from the host contract and measured at fair value through profit or loss as financial income or expense. if they meet the criteria in IFRS 9. If the host contract is a financial instrument measured at fair value through profit or loss, the embedded derivative is not separated.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__48": {
"value": "2.9 DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGE ACCOUNTING The group is exposed to fluctuations in foreign exchange rates, which may impact operating results. To mitigate this risk, the group utilizes financial derivatives to hedge contractual income and costs in foreign currencies. Additionally, certain contracts include pricing mechanisms that qualify as embedded derivatives under IFRS 9.Fair value hedging The group uses financial derivatives to hedge foreign currency risk. These derivatives are initially recognized at fair value and subsequently remeasured at fair value. Attributable transaction costs are recognized in profit or loss as incurred.If a hedge does not meet the criteria for hedge accounting, the derivative is carried at fair value through profit or loss as financial income or expense.Embedded derivativesEmbedded derivatives are separated from the host contract and measured at fair value through profit or loss as financial income or expense. if they meet the criteria in IFRS 9. If the host contract is a financial instrument measured at fair value through profit or loss, the embedded derivative is not separated.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__47": {
"value": "2.9 DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGE ACCOUNTING The group is exposed to fluctuations in foreign exchange rates, which may impact operating results. To mitigate this risk, the group utilizes financial derivatives to hedge contractual income and costs in foreign currencies. Additionally, certain contracts include pricing mechanisms that qualify as embedded derivatives under IFRS 9.Fair value hedging The group uses financial derivatives to hedge foreign currency risk. These derivatives are initially recognized at fair value and subsequently remeasured at fair value. Attributable transaction costs are recognized in profit or loss as incurred.If a hedge does not meet the criteria for hedge accounting, the derivative is carried at fair value through profit or loss as financial income or expense.Embedded derivativesEmbedded derivatives are separated from the host contract and measured at fair value through profit or loss as financial income or expense. if they meet the criteria in IFRS 9. If the host contract is a financial instrument measured at fair value through profit or loss, the embedded derivative is not separated.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForHedgingExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__46": {
"value": "2.9 DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGE ACCOUNTING The group is exposed to fluctuations in foreign exchange rates, which may impact operating results. To mitigate this risk, the group utilizes financial derivatives to hedge contractual income and costs in foreign currencies. Additionally, certain contracts include pricing mechanisms that qualify as embedded derivatives under IFRS 9.Fair value hedging The group uses financial derivatives to hedge foreign currency risk. These derivatives are initially recognized at fair value and subsequently remeasured at fair value. Attributable transaction costs are recognized in profit or loss as incurred.If a hedge does not meet the criteria for hedge accounting, the derivative is carried at fair value through profit or loss as financial income or expense.Embedded derivativesEmbedded derivatives are separated from the host contract and measured at fair value through profit or loss as financial income or expense. if they meet the criteria in IFRS 9. If the host contract is a financial instrument measured at fair value through profit or loss, the embedded derivative is not separated.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__50": {
"value": "2.10 LEASES IFRS 16 sets out the principles for the recognition, measurement, presentation and disclosure of leases. At the commencement date of a lease, a lessee will have to recognize a liability based on future lease payments and an asset representing the right to use the underlying asset during the lease term (\u201cRight-of-use assets\u201d). Further, the lessee will be required to separately recognize the interest expense on the lease liability and the deprecation expense of the right-of-use asset. Nekkar has applied the following practical expedients: \u2022 Exemption for short-term leases (defined as 12 months or less)\u2022 Exemption for leases of low value assets",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__51": {
"value": "2.11 INVENTORIES Inventories are valued at the lower cost and net realizable value. The cost is calculated by means of the first-in, first-out principle (FIFO). For finished goods and work in progress (for project in which revenue recognition is \u201cpoint-in-time\u201d), the cost consists of product design expenses, consumption of materials, direct labor costs, other direct costs, and indirect production costs (based on a normal capacity level). The net realizable value is the estimated selling price in the ordinary course of business, less the estimated cost of completion and estimated costs necessary to make the sale.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__52": {
"value": "2.12 CASH AND CASH EQUIVALENTS Cash and cash equivalents consist of bank deposits. Withdrawals from the bank overdraft constitute part of current liabilities. Deposits and overdrafts are presented as net if the bank has a legal/contractual right to offset the deposits and liabilities.The group has a cash pool arrangement where Nekkar is the primary agreement holder. Cash positions on bank accounts with different currencies are presented as net in the consolidated financial statement.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__53": {
"value": "2.13 FINANCIAL LIABILITIES Non-derivative financial liabilities are initially recognized at fair value plus directly attributable transaction costs. After initial recognition, liabilities are measured at amortized costs using the effective interest method. Loans are classified as current liabilities unless there is an unconditional right to postpone payment of the debt by more than 12 months from the date of the balance sheet. The following year\u2019s payment is classified as short-term debt.The group de-recognizes financial liability when the contractual obligations are satisfied or cancelled.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__57": {
"value": "2.14 TAXES Tax in the profit and loss accounts comprise both tax payable for the period and change in deferred tax. Tax payable for the period and deferred tax are recognized in profit or loss, except tax on items related to business combinations or taxes recognized directly in equity or comprehensive income.Deferred tax assets and deferred tax liabilities are offset if a legally enforceable right exists to set off current tax assets against current income tax liabilities and the deferred taxes relate to the same taxable entity and the same taxation authority. Deferred tax assets are recognized when it is convincing evidence that the company will have sufficient profit for tax purposes in subsequent periods to utilize the tax asset. The group includes the possibility of tax planning through group contribution as part of the assessment of convincing evidence. The group only recognized deferred tax assets which can be utilized in five years as the subsequent period is considered too uncertain. Deferred tax assets or liability are measured using tax rates and tax laws enacted or substantially enacted on the balance sheet date, and which presumably may be utilized when the deferred tax advantage is realized or when the deferred tax is settled.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTaxesOtherThanIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__56": {
"value": "2.14 TAXES Tax in the profit and loss accounts comprise both tax payable for the period and change in deferred tax. Tax payable for the period and deferred tax are recognized in profit or loss, except tax on items related to business combinations or taxes recognized directly in equity or comprehensive income.Deferred tax assets and deferred tax liabilities are offset if a legally enforceable right exists to set off current tax assets against current income tax liabilities and the deferred taxes relate to the same taxable entity and the same taxation authority. Deferred tax assets are recognized when it is convincing evidence that the company will have sufficient profit for tax purposes in subsequent periods to utilize the tax asset. The group includes the possibility of tax planning through group contribution as part of the assessment of convincing evidence. The group only recognized deferred tax assets which can be utilized in five years as the subsequent period is considered too uncertain. Deferred tax assets or liability are measured using tax rates and tax laws enacted or substantially enacted on the balance sheet date, and which presumably may be utilized when the deferred tax advantage is realized or when the deferred tax is settled.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__55": {
"value": "2.14 TAXES Tax in the profit and loss accounts comprise both tax payable for the period and change in deferred tax. Tax payable for the period and deferred tax are recognized in profit or loss, except tax on items related to business combinations or taxes recognized directly in equity or comprehensive income.Deferred tax assets and deferred tax liabilities are offset if a legally enforceable right exists to set off current tax assets against current income tax liabilities and the deferred taxes relate to the same taxable entity and the same taxation authority. Deferred tax assets are recognized when it is convincing evidence that the company will have sufficient profit for tax purposes in subsequent periods to utilize the tax asset. The group includes the possibility of tax planning through group contribution as part of the assessment of convincing evidence. The group only recognized deferred tax assets which can be utilized in five years as the subsequent period is considered too uncertain. Deferred tax assets or liability are measured using tax rates and tax laws enacted or substantially enacted on the balance sheet date, and which presumably may be utilized when the deferred tax advantage is realized or when the deferred tax is settled.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__58": {
"value": "2.15 PENSION OBLIGATIONS, BONUS SCHEMES AND OTHER COMPENSATION SCHEMES FOR EMPLOYEES a) Pension obligations The companies in the group have various pension plans. The pension plans are in general financed by payments to insurance companies or pension funds. As of 31 December 2024, Nekkar has only defined contribution plans.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__60": {
"value": "2.16 REVENUE RECOGNITION A five-step process is applied before revenue can be recognized. 1. Identify the contract2. Identify the performance obligations in the contract3. Determine the transaction price4. Allocate the transaction price to performance obligations5. Recognized revenue as performance obligation is satisfiedDuring the application process, steps 2 and 5 were the most complex due to the contract structure within Nekkar. Below are further details on the 5-step model, focusing on step 2 and 5.1. Identification of contract The group\u2019s revenue derives from contracts with customers in one of the following revenue streams;a. Long-term construction contracts (engineer-to-order)b. Service contractsc. After salesAll these revenue streams are based on a contract with the customer. 2. Identification of performance obligations Due to contract structure, there are differences within the contracts regarding identifying performance obligations. The review has shownThe deliveries in contracts are reviewed to identify if there are distinct performance obligations. Contracts held within continued business ordinarily represent one performance obligation, ref section 5 below. It could be argued that there could be more than one performance obligation in some of the contracts, but those potential additional performance obligations identified have been assessed immaterially.3. Transaction price Revenue from construction contracts includes original contract amount and approved variation orders. For contracts where multiple performance obligations are identified, a stand-alone selling price is identified to each of the performance obligations. Potential liquidated damages are recognized as a reduction of the transaction price unless it is highly probable that they will not be incurred. Beyond this there are only immaterial variable considerations. 4. Allocation of transaction price to performance obligation Based on the extensive review of contracts upon the implementation of IFRS 15, the following has been identified;Contracts represent one performance obligation, hence allocation of transaction price to performance obligation is 1:1.5. Revenue recognition as performance obligation is satisfied Revenue is measured based on the consideration specified in a contract with a customer. The group recognizes revenue when it transfers control over a good or service to a customer. The following table provides information about the nature and timing of the satisfaction of performance obligations in contracts with customers, and the related revenue recognition policies.Nature and timing of satisfaction of Type of contract performance obligation Revenue recognition under IFRS 15 Construction Long-term construction contracts with After a thorough analysis of the criteria for \u201cover contracts a typical duration of 18-48 months from time\u201d revenue recognition the main issue relating contracts are signed, to the projects are to timing of revenue recognition was Nekkar\u2019s (Engineer-to-closed. These projects are engineer-to-order enforceable right to payment for the performance order) projects, which deliver highly customized completed to date in a situation with termination turnkey systems for shipyards around the by the customer for other reasons than Nekkar\u2019s world. The projects are highly specialized failure to perform as promised (termination by systems for each individual project, with no convenience). alternative use for the company, and where each project is considered one performance Nekkar has assessed the right to payment to obligation.date from a legal point of view. The result of the contract review is that the relevant contract either For the performance obligations identified in includes a termination by convenience clause the contracts, it is assessed that control will be that is in favor of the group, or that general legal transferred to the customer over time as the basis in the relevant jurisdiction is in favor of the items are constructed. group, thus Nekkar have the legal right to require payment from the customer for performance to date. Payment covers approximately the expected selling price of the goods and services transferred to date, which equals cost plus a reasonable profit margin. Based on this it is the company\u2019s assessment that revenue recognition over time is correct for these contracts. In addition, there is often no alternative use.Measure of progress is based on cost incurred relative to the total expected cost to satisfy the performance obligation. Upgrade contracts Long-term upgrade contracts with a typical The analysis of the criteria for \u201cover time\u201d revenue (Engineer-to-duration of 12-24 months from contracts are recognition for these types of contracts is linked order) signed, to the projects are closed. These to Nekkar\u2019s performance enhancing an asset that projects are engineer-to-order projects, the customer controls as the asset is enhanced or which deliver upgrades of existing shiplift upgraded. systems with highly customized turnkey systems for shipyards around the world. The Nekkar has assessed that the customer controls projects are highly specialized systems for the asset throughout the upgrade. The asset each individual project, with no alternative use is in operation throughout most of the project for the company, that the customer controls phase and all installation will happen on throughout the project phase and where customer premises. As such the customer has each project is considered one performance physical control of the asset including control obligation.over functional and operational structures. Legal ownership of the work performed is also For the performance obligations identified in transferred to the customer as the work is carried the contracts, it is assessed that control will be out. Based on this it is the company\u2019s assessment transferred to the customer over time as the that revenue recognition over time is correct for items are constructed. these contracts.Measure of progress is based on cost incurred relative to the total expected cost to satisfy the performance obligation.Nature and timing of satisfaction of Type of contract performance obligation Revenue recognition under IFRS 15 Construction Long-term construction contracts with \u201cPoint-in-time\u201d revenue recognition where contracts a typical duration of 18-48 months from revenue is recognized when the goods are (Alternative user) contracts are signed, to the projects are delivered and have been accepted by the closed. These projects are engineer-to-order customer at their premises.projects, which deliver turnkey systems for shipyards around the world. The projects are specialized systems for each individual project, however there might be an alternative use for the company.Service- and after The company delivers service-based business, Revenue from contracts with customers for other sales contractswhere work is done on the customers\u2019 ser-vices is recognized over-time using a cost equipment. These deliveries are man-hour progress meth-od or is recognized over-time based and considered over-time deliveries. as manhours and materials are delivered to the Spare parts as part of the service delivery customer.are recognized upon delivery. The lead time from order to completed customer delivery is Revenue from contracts with customers for normally less than three months. after sales are recognized at point-in-time upon delivery. For after-sales contracts, in which there are sales of components etc, revenue is recognized upon delivery.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForConstructionInProgressExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__59": {
"value": "2.16 REVENUE RECOGNITION A five-step process is applied before revenue can be recognized. 1. Identify the contract2. Identify the performance obligations in the contract3. Determine the transaction price4. Allocate the transaction price to performance obligations5. Recognized revenue as performance obligation is satisfiedDuring the application process, steps 2 and 5 were the most complex due to the contract structure within Nekkar. Below are further details on the 5-step model, focusing on step 2 and 5.1. Identification of contract The group\u2019s revenue derives from contracts with customers in one of the following revenue streams;a. Long-term construction contracts (engineer-to-order)b. Service contractsc. After salesAll these revenue streams are based on a contract with the customer. 2. Identification of performance obligations Due to contract structure, there are differences within the contracts regarding identifying performance obligations. The review has shownThe deliveries in contracts are reviewed to identify if there are distinct performance obligations. Contracts held within continued business ordinarily represent one performance obligation, ref section 5 below. It could be argued that there could be more than one performance obligation in some of the contracts, but those potential additional performance obligations identified have been assessed immaterially.3. Transaction price Revenue from construction contracts includes original contract amount and approved variation orders. For contracts where multiple performance obligations are identified, a stand-alone selling price is identified to each of the performance obligations. Potential liquidated damages are recognized as a reduction of the transaction price unless it is highly probable that they will not be incurred. Beyond this there are only immaterial variable considerations. 4. Allocation of transaction price to performance obligation Based on the extensive review of contracts upon the implementation of IFRS 15, the following has been identified;Contracts represent one performance obligation, hence allocation of transaction price to performance obligation is 1:1.5. Revenue recognition as performance obligation is satisfied Revenue is measured based on the consideration specified in a contract with a customer. The group recognizes revenue when it transfers control over a good or service to a customer. The following table provides information about the nature and timing of the satisfaction of performance obligations in contracts with customers, and the related revenue recognition policies.Nature and timing of satisfaction of Type of contract performance obligation Revenue recognition under IFRS 15 Construction Long-term construction contracts with After a thorough analysis of the criteria for \u201cover contracts a typical duration of 18-48 months from time\u201d revenue recognition the main issue relating contracts are signed, to the projects are to timing of revenue recognition was Nekkar\u2019s (Engineer-to-closed. These projects are engineer-to-order enforceable right to payment for the performance order) projects, which deliver highly customized completed to date in a situation with termination turnkey systems for shipyards around the by the customer for other reasons than Nekkar\u2019s world. The projects are highly specialized failure to perform as promised (termination by systems for each individual project, with no convenience). alternative use for the company, and where each project is considered one performance Nekkar has assessed the right to payment to obligation.date from a legal point of view. The result of the contract review is that the relevant contract either For the performance obligations identified in includes a termination by convenience clause the contracts, it is assessed that control will be that is in favor of the group, or that general legal transferred to the customer over time as the basis in the relevant jurisdiction is in favor of the items are constructed. group, thus Nekkar have the legal right to require payment from the customer for performance to date. Payment covers approximately the expected selling price of the goods and services transferred to date, which equals cost plus a reasonable profit margin. Based on this it is the company\u2019s assessment that revenue recognition over time is correct for these contracts. In addition, there is often no alternative use.Measure of progress is based on cost incurred relative to the total expected cost to satisfy the performance obligation. Upgrade contracts Long-term upgrade contracts with a typical The analysis of the criteria for \u201cover time\u201d revenue (Engineer-to-duration of 12-24 months from contracts are recognition for these types of contracts is linked order) signed, to the projects are closed. These to Nekkar\u2019s performance enhancing an asset that projects are engineer-to-order projects, the customer controls as the asset is enhanced or which deliver upgrades of existing shiplift upgraded. systems with highly customized turnkey systems for shipyards around the world. The Nekkar has assessed that the customer controls projects are highly specialized systems for the asset throughout the upgrade. The asset each individual project, with no alternative use is in operation throughout most of the project for the company, that the customer controls phase and all installation will happen on throughout the project phase and where customer premises. As such the customer has each project is considered one performance physical control of the asset including control obligation.over functional and operational structures. Legal ownership of the work performed is also For the performance obligations identified in transferred to the customer as the work is carried the contracts, it is assessed that control will be out. Based on this it is the company\u2019s assessment transferred to the customer over time as the that revenue recognition over time is correct for items are constructed. these contracts.Measure of progress is based on cost incurred relative to the total expected cost to satisfy the performance obligation.Nature and timing of satisfaction of Type of contract performance obligation Revenue recognition under IFRS 15 Construction Long-term construction contracts with \u201cPoint-in-time\u201d revenue recognition where contracts a typical duration of 18-48 months from revenue is recognized when the goods are (Alternative user) contracts are signed, to the projects are delivered and have been accepted by the closed. These projects are engineer-to-order customer at their premises.projects, which deliver turnkey systems for shipyards around the world. The projects are specialized systems for each individual project, however there might be an alternative use for the company.Service- and after The company delivers service-based business, Revenue from contracts with customers for other sales contractswhere work is done on the customers\u2019 ser-vices is recognized over-time using a cost equipment. These deliveries are man-hour progress meth-od or is recognized over-time based and considered over-time deliveries. as manhours and materials are delivered to the Spare parts as part of the service delivery customer.are recognized upon delivery. The lead time from order to completed customer delivery is Revenue from contracts with customers for normally less than three months. after sales are recognized at point-in-time upon delivery. For after-sales contracts, in which there are sales of components etc, revenue is recognized upon delivery.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__63": {
"value": "2.18 IMPAIRMENT OF ASSETS Non-financial assets At the reporting date, the group assesses whether there are indications that an asset may be impaired. If any indication exists, or when annual impairment testing for an asset is required, the group estimates the asset\u2019s recoverable amount. For goodwill and intangible assets not yet available for use, or with an indeterminable useful life, the recoverable amount is estimated at the same time each year. An asset\u2019s recoverable amount is the higher of an assets or cash-generating unit\u2019s (CGU) fair value less costs of disposal and its value in use. A recoverable amount is determined for an individual asset, unless the asset does not generate cash inflows that are largely independent of those from other assets or groups of assets. When the carrying amount of an asset or CGU exceeds its recoverable amount, the asset is considered impaired and is written down to its recoverable amount.In the assessment of value in use, the estimated future cash flow is discounted to net present value, with a pretax market-based discount rate. The rate considers the time value of money and asset-specific risk. With the purpose of testing for impairment, assets that have not been tested individually are grouped in the smallest identifiable group of assets that generate incoming cash flow which in all material aspects is independent of incoming cash flows from other assets or group of assets (cash generating units or CGU). Impairment is determined for goodwill by assessing the recoverable amount of each CGU (or group of CGUs) to which the goodwill relates.Impairment losses relating to goodwill cannot be reversed in future periods. For other assets, an assessment is made on each reporting date whether there are indications that previously recognized impairment losses no longer exist or have decreased. A previously recognized impairment loss is reversed only if there has been a change in the assumptions used to determine the asset\u2019s recoverable amount since the last impairment loss was recognized. The reversal is limited so that the carrying amount of the asset does not exceed its recoverable amount, nor exceed the carrying amount that would have been determined, net of depreciation, had no impairment loss been recognized for the asset in prior years.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__62": {
"value": "2.18 IMPAIRMENT OF ASSETS Non-financial assets At the reporting date, the group assesses whether there are indications that an asset may be impaired. If any indication exists, or when annual impairment testing for an asset is required, the group estimates the asset\u2019s recoverable amount. For goodwill and intangible assets not yet available for use, or with an indeterminable useful life, the recoverable amount is estimated at the same time each year. An asset\u2019s recoverable amount is the higher of an assets or cash-generating unit\u2019s (CGU) fair value less costs of disposal and its value in use. A recoverable amount is determined for an individual asset, unless the asset does not generate cash inflows that are largely independent of those from other assets or groups of assets. When the carrying amount of an asset or CGU exceeds its recoverable amount, the asset is considered impaired and is written down to its recoverable amount.In the assessment of value in use, the estimated future cash flow is discounted to net present value, with a pretax market-based discount rate. The rate considers the time value of money and asset-specific risk. With the purpose of testing for impairment, assets that have not been tested individually are grouped in the smallest identifiable group of assets that generate incoming cash flow which in all material aspects is independent of incoming cash flows from other assets or group of assets (cash generating units or CGU). Impairment is determined for goodwill by assessing the recoverable amount of each CGU (or group of CGUs) to which the goodwill relates.Impairment losses relating to goodwill cannot be reversed in future periods. For other assets, an assessment is made on each reporting date whether there are indications that previously recognized impairment losses no longer exist or have decreased. A previously recognized impairment loss is reversed only if there has been a change in the assumptions used to determine the asset\u2019s recoverable amount since the last impairment loss was recognized. The reversal is limited so that the carrying amount of the asset does not exceed its recoverable amount, nor exceed the carrying amount that would have been determined, net of depreciation, had no impairment loss been recognized for the asset in prior years.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__64": {
"value": "2.19 CASH FLOW STATEMENT The cash flow statement has been prepared based on the indirect method.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForCashFlowsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__65": {
"value": "2.20 EARNINGS PER SHARE The basic earnings per share and diluted earnings per share are presented for ordinary shares. The basic earnings per share are calculated by dividing the period\u2019s earnings attributable to owners of the ordinary shares adjusted for the number of own shares. Diluted earnings per share are calculated by adjusting the earnings and the weighted average number of ordinary outstanding shares, adjusted for the number of own shares, for potential dilution effects.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForEarningsPerShareExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__68": {
"value": "2.21 FINANCIAL INCOME AND COST Financial income consists of capital gains on financial investments and changes to fair value of financial assets to fair value in profit and loss. Interest income is recognized in profit and loss using the effective interest method. Financial costs comprise interest costs on loans, the effect of interest in discounted accruals, changes to the fair value of financial assets to fair value in profit and loss, and impairment of financial assets. Borrowing costs not directly attributable to acquisition, processing or production of a qualifying asset, are included in profit and loss using the effective interest rate method. Foreign currency gains and losses are reported as net.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForInterestIncomeAndExpenseExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__67": {
"value": "2.21 FINANCIAL INCOME AND COST Financial income consists of capital gains on financial investments and changes to fair value of financial assets to fair value in profit and loss. Interest income is recognized in profit and loss using the effective interest method. Financial costs comprise interest costs on loans, the effect of interest in discounted accruals, changes to the fair value of financial assets to fair value in profit and loss, and impairment of financial assets. Borrowing costs not directly attributable to acquisition, processing or production of a qualifying asset, are included in profit and loss using the effective interest rate method. Foreign currency gains and losses are reported as net.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceCostsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__66": {
"value": "2.21 FINANCIAL INCOME AND COST Financial income consists of capital gains on financial investments and changes to fair value of financial assets to fair value in profit and loss. Interest income is recognized in profit and loss using the effective interest method. Financial costs comprise interest costs on loans, the effect of interest in discounted accruals, changes to the fair value of financial assets to fair value in profit and loss, and impairment of financial assets. Borrowing costs not directly attributable to acquisition, processing or production of a qualifying asset, are included in profit and loss using the effective interest rate method. Foreign currency gains and losses are reported as net.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__70": {
"value": "2.23 CONTINGENT LIABILITIES AND ASSETS Contingent liabilities are not recognized in financial statements. Significant contingent liabilities are disclosed, except for contingent liabilities that are unlikely to be incurred. Liabilities are recognized unless a reliable estimate can be made. If no reliable estimate can be made, the group accounts for the liability as a contingent liability.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForContingentLiabilitiesAndContingentAssetsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__71-1": {
"value": "3. Financial risk management 3.1 FINANCIAL RISK FACTORS The group\u2019s activities involve various types of financial risk; market risk (including currency risk and interest rate risk), credit risk, liquidity risk and operational risk. The Board of Directors has the primary responsibility for establishing and supervising the group\u2019s framework for risk management. Risk management principles were established to identify and analyze the risk to which the group is exposed. Principles and systems for risk management are regularly reviewed to reflect any changes in activities and market conditions. The audit committee reviews management\u2019s monitoring of the group\u2019s principles and procedures for risk management. The group\u2019s main risk management plan focuses on the unpredictability of the capital market and attempts to minimize its potentially negative effects on the group\u2019s financial results. The group engages in international operations and is especially exposed to currency risk. The group uses hedging to reduce the risk of currency exposure. The group has a decentralized structure with operational supervision of the various business units, where the main management of financial risk is determined by the Board of Directors. This applies to areas such as currency risk, interest rate risk, credit risk and use of financial derivatives. For the classification of financial assets and liabilities, reference is made to Note 19.MARKET RISK Market risk is the risk of changes to market prices, such as foreign exchange rates interest and commodities, affecting the income or value of financial instruments. Management of market risk intends to monitor that risk exposure lies within a set framework. The companies of the group buy and sell financial derivatives and incur financial obligations to control market risk. Transactions are carried out within the guidelines issued by the group. Hedge accounting is used for FX contracts that qualify for hedge accounting. The remaining contracts are measured at fair value through profit and loss. There are several risks related to the market development for Nekkar\u2019s products and services. Nekkar monitors these risks through its sales network and by monitoring relevant available information on trends like shipyard utilization indicators, investment trends and oil prices.Further description of the group\u2019s market risk can be found in the Directors\u2019 report. a) Currency risk The group operates worldwide and is exposed to currency risk in foreign currencies. Exposure to the risk in foreign exchange rates relates primarily to the group\u2019s operating activities (when revenue or expense is denominated in foreign currencies). The group manages its foreign currency risk by hedging the net exposure in foreign currencies, which is mainly USD and EUR. Currency cash flow forecasts are reviewed on a regular basis and the group aims to hedge a portion of the forecasted net currency exposure that matures within a 24-months period. Forward exchange contracts are used as hedging instruments, and they are designated as hedges of firm commitments for those hedging relationships that qualify for hedge accounting. When necessary, forward exchange contracts are prolonged as they mature. For other monetary assets and obligations in foreign currency, net exposure is monitored and is adjusted by purchasing and selling foreign currency when necessary. The group has insignificant investments in foreign subsidiaries where net assets are exposed to currency risk at conversion of currency. b) Interest rate risk Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. As per 31 December 2024, the group does not have any interest-bearing debt, hence no material exposure to the risk of changes in market interest rates. The group\u2019s surplus liquidity is in the form of bank deposits. Any divergence from the use of a floating rate of interest and placement of surplus liquidity shall be determined by the Board of Directors.Items exposed to interest rate risk are mainly related to bank deposits and undrawn credit facilities. c) Price risk The group is exposed to fluctuations in market prices in the operational areas related to contracts, including changes in market prices for raw materials and equipment and development in wages. These risks are to the extent possible managed in the bid processes by locking in committed prices from vendors as a basis for offers to customers, or by striving to place purchase orders to vendors as soon as possible after contract signing or through escalation clauses with customers. Furthermore, the majority of Nekkar\u2019s long-term service contracts with customers have built-in clauses that ensure annual inflation adjustments that correspond to recognized consumer price indices or similar. Nekkar also has internal processes in place to effectively manage price risk, including mandatory internal controls and safeguarding processes for tenders and contracts. CREDIT RISK Credit risk is the risk that a counterparty will not meet its obligations under a financial instrument or customer contract, leading to a financial loss. The group is exposed to credit risk from its operating activities (primarily for trade receivables and contract assets) and from its financing activities, including deposits with bank and financial institutions, foreign exchange transactions and other financial instruments. Credit risk is handled at a corporate level. The credit risk is reduced through distribution on several counterparts. Requirements to credit ratings have been established toward counterparts, and new customers are subject to credit rating test. In order to minimize the risk of losses the group applies comprehensive use of Letters of Credit toward its customers. The group carries out assessment of credit risk to the political structure depending on the economic importance of the agreements based on assessments from the OECD and other equivalent factors. Maximum risk exposure is represented by the extent of financial assets recognized in the balance sheet. Please find additional information in Note 19. The counterparties for derivatives and bank deposits are investment grade rated banks (Nordea and DNB), and the credit risk related to these are considered insignificant.As of 31.12, the group had the following maturity distribution on its external customers:0-3 3-6 >6 (NOK months months months 1000) Total Not dueoverdueoverdueoverdue31.12.2024 151 819 60 062 73 367 7 399 10 99231.12.2023 85 269 45 962 15 214 5 983 18 110For accounts receivable that are not yet due, the assessment is, based on previous experience, that there is no need to impair the value. Accounts receivable relate to independent customers who have no previous history of failing to fulfill their obligations to the group. Invoicing is largely done in accordance with milestone-based progress in each project. The above table is presented net of bad debt provisions. As per 31 December 2024, a provision NOK 23 million is included due to uncertainty for payment in three projects. Hence, the gross amount of accounts receivables > 6 months overdue is NOK 34 million. Additional information on accounts receivable is available in Note 9. LIQUIDITY RISK Liquidity risk is the risk of the group being unable to fulfill its financial obligations as they fall due. Liquidity risk management implies maintaining sufficient cash and committed credit facilities for the group to meet obligations as they mature for payment. As of 31 December 2024, the group\u2019s credit facilities include a guarantee and derivatives facility of NOK 350 million, an overdraft facility of NOK 100 million and a revolving credit facility of NOK 100 million. All facilities are with Nordea. As per 31 December 2024, the group had drawn NOK 284 million of the guarantee facility. No amount has been drawn on the overdraft and the revolving credit facility.The group is continuously focusing on efficient management of working capital to optimize cash flow from operations. The group has established a joint cash pool arrangement. The cash pool arrangement improves accessibility and flexibility in the management of liquidity funds. The group\u2019s liquidity development is continuously monitored based on liquidity forecasts from the Business units.The group\u2019s strategy is always to have sufficient cash reserves or credit facilities available to be able to finance its operations and investments.The table below gives an overview of the structure of maturity of the group\u2019s financial obligations: Remaining period: Amounts in NOK 1000 < 6 months 6-12 months 1-5 years > 5 years Total2024Long-term financial obligations: Interest-bearing non-current liabilities - - - -Current financial obligations:Embedded derivatives 2 981 2 981FX-derivatives 5 661 1 104 1 291 - 8 056Prepayments from customers 74 629 - - - 74 629Accounts payable and other current liabilities 158 428 - - - 158 428Total financial obligations 238 718 1 104 4 272 - 244 0942023Long-term financial obligations:Interest-bearing non-current liabilities - - - - -Current financial obligations:FX-derivatives - - - - -Prepayments from customers 39 002 - - - 39 002Accounts payable and other current liabilities 103 542 - - - 103 542Total financial obligations 142 544 - - - 142 544CLIMATE RISK Nekkar develops digitalized impact technologies that aim to unlock customer value, including reduction of environmental footprint and CO2-emissions, in numerous industries including renewables, aquaculture, shipping and offshore energy. As such, climate change represents both a risk and an opportunity for Nekkar. Nekkar considers its main climate risks to be associated with the global ambition/implementation gap for the transition to more renewable energy, as well as climate policy and taxation changes that could limit or delay the adoption of Nekkar\u2019s new technologies that are enablers to reduce the carbon footprint in the industries the company operates. This applies to both the renewables and aquaculture industries. Nekkar\u2019s exposure to the oil and gas industry is limited today but could grow in the coming years. The offshore energy industry has been identified as high risk by the Task Force on Climate-Related Financial Disclosures, and the industry is under pressure to reduce its emissions. Although the Ukraine war and associated energy shortage in Europe is likely to result in heavy investments in the offshore energy industry in the coming years, there is a long-term risk of declining investment in upstream oil and gas. However, the software and technologies that Nekkar delivers are capable of significantly reducing drilling time and amount of personnel required offshore, thereby substantially reducing the carbon footprint associated with this type of offshore operations. As such, climate-related risks also represent an opportunity for Nekkar. The energy transition may shorten the expected useful lives of oil and gas-related assets, which can accelerate depreciation charges. However, Nekkar is primarily a software supplier to the oil and gas industry, which means that the company does not expect assessment of the effect on useful lives to have significant accounting impact. Another climate risk is the increase in the frequency and intensity of extreme weather events. As the large majority of Nekkar\u2019s operations in based in Norway, this expectation is not assessed to lead to any effects on expected useful economic life of property, plant and equipment. However, extreme weather could result in delayed project progress, for example for installation of shiplifts in parts of the world that are more exposed to extreme weather. This could potentially mean that revenue and margin recognition could be delayed in such projects. Nekkar has not experienced any delays caused by extreme weather events during 2024. Overall, it is Nekkar\u2019s view that the company is well positioned to profit from a stronger focus on reducing emissions from the industries the company operates within, and that there are more positive business opportunities than negative risks associated with stronger industry efforts on reducing emissions and combating climate change. Nekkar has considered the impact of climate change on going concern. Effective assessment and analysis of climate-related risks and opportunities is vital to understand the potential impacts of climate-related risks on asset valuations, revenue and investment requirements. For 2024, Nekkar has therefore defined an objective to conduct a detailed climate risk analysis and set carbon footprint reduction goals for the company. OPERATIONAL RISK Operational risk is the risk of direct or indirect losses because of a whole range of causes related to the group\u2019s processes, personnel, technology and infrastructure, as well as external factors besides credit risk, market risk and liquidity risk that follow from laws, rules and generally accepted principles for business conduct. Operational risk arises in all the group\u2019s business areas. The group\u2019s deliveries are primarily organized in the form of projects. The group continuously strives to improve operations and projects implementation. This further includes operational and financial qualification of major sub-suppliers to reduce project completion risk. The group handles operational risk so that a balance is reached between avoiding economic loss or damage to the group\u2019s reputation, general cost effectiveness, and avoiding control routines that limit initiative and creativity. The responsibility to develop and implement controls designed to handle operational risk is allocated to the top management within each business area. This responsibility is supported by developing the overall group standard for management of operational risk in various areas. 3.2 ESTIMATION OF FAIR VALUE The fair value of financial instruments traded in an active market is based on the market value on the balance sheet date. The group has no such items in the financial statement. Fair value of financial instruments not traded in an active market is estimated using valuation techniques (primarily discounted future prospective cash flows) or other relevant information for giving a best estimate of fair value on the balance sheet date. Examples of this are forward contracts in foreign currencies where fair value is calculated by using the change in the currency on the balance sheet date.Fair value of drawings/technology acquired in a business combination is determined using the relief of royalty method. The valuation is based on the concept that if the company owns a technology, it does not have to rent and is then relieved from paying a royalty. The fair value of other intangible assets is based on the discounted cash flows expected to be derived from the use and eventual sale of the assets.Note 20 Financial risk management Amounts in NOK 1000The following table shows the carrying amount and fair values of financial assets and financial liabilities, including their levels in the fair value hierarchy. It does not include fair value information for financial assets and financial liabilities not measured at fair value if the carrying amount is a reasonable approximation of fair value.Financial assets and liabilities are described in Accounting Principles, under sections 2.8, 2.9, 2.10, 2.12, 2.13 and 2.15.Risks associated with the underlying estimates of the recognized values and financial risk management is described in Accounting Principles, ref section 3.Financial derivative contracts Financial derivative Loans, not designated for hedging / contracts designated cash and Classification of financial assetsineffective hedgesfor hedgingreceivables Total2024Non current financial assets:Other receivables - - 1 884 1 884 Financial current assets:Trade receivables - - 151 819 151 819 Other current receivables - - 14 409 14 409 Accrued, non-invoiced production - - 118 136 118 136 1)Derivatives - - - - Cash and cash equivalents - - 204 937 204 937 Total financial assets - - 491 185 491 185 2023Non current financial assets:Other receivables - - 1 155 1 155 Financial current assets:Trade receivables - - 85 270 85 270 Other current receivables - - 6 387 6 387 Accrued, non-invoiced production - - 144 007 144 007 1)Derivatives 20 144 - - 20 144 Cash and cash equivalents - 0 194 162 194 162 Total financial assets 20 144 - 430 981 451 125 1) Fair value of financial liabilities:The Group\u2019s derivatives consist of forward currency contracts. Fair value of forward currency contracts is determined by utilizing market-to-market rate on the balance-sheet date as stated by the Group\u2019s bank. Fair value relating to non-current debt is considered approximately equal to carrying value, as loans are given at market terms and with a floating rate.Financial derivative Financial derivative Other contracts not designated for contracts designated financial Classification of financial liabilities:hedging / ineffective hedgesfor hedgingliabilities Total2024Non-current financial liabilitiesInterest-bearing non-current debt - - - - Current financial liabilitiesFirst year instalment of non-current debt - - - - Interest-bearing current liabilities - - - - Prepayments from customers - - 74 629 74 629 1)Derivatives 11 037 - - 11 037 Accounts payable and other short-term liabilities - - 158 428 158 428 Total financial liabilities 11 037 - 233 057 244 094 2023Non-current financial liabilitiesInterest-bearing non-current debt - - - - Current financial liabilitiesFirst year instalment of non-current debt - - - - Interest-bearing current liabilities - - - - Prepayments from customers - - 39 002 39 002 1)Derivatives - - - - Accounts payable and other short-term liabilities - - 103 542 103 542 Total financial liabilities - - 142 544 142 544 1) Fair value of financial liabilities:The Group\u2019s derivatives consist of forward currency contracts. Fair value of forward currency contracts is determined by utilizing market-to-market rate on the balance-sheet date as stated by the Group\u2019s bank. Fair value relating to non-current debt is considered approximately equal to carrying value, as loans are given at market terms and with a floating rate.The Group uses the following hierarchy for determining and disclosing the fair value of financial instruments by valuation technique:\u2022 Level 1: Quoted (unadjusted) prices in active markets for identical assets or liabilities\u2022 Level 2: Other techniques for which all inputs which have a significant effect on the recorded fair value are observable, either directly or indirectly\u2022 Level 3: Techniques which use inputs which have a significant effect on the recorded fair value that are not based on observable market data.2024 2023Overall Level 1 Level 2 Level 3 Overall Level 1 Level 2 Level 3Assets measured at fair valueForeign exchange contracts - non-hedging Foreign exchange contracts - hedging - - - - - - - - -Liabilities measured at fair value Foreign exchange contracts - hedging - - - - - - - - -Foreign exchange contracts - non-hedging - 11 037- -20 144 11 037 -- 20 144- - --- ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__72": {
"value": "MARKET RISK Market risk is the risk of changes to market prices, such as foreign exchange rates interest and commodities, affecting the income or value of financial instruments. Management of market risk intends to monitor that risk exposure lies within a set framework. The companies of the group buy and sell financial derivatives and incur financial obligations to control market risk. Transactions are carried out within the guidelines issued by the group. Hedge accounting is used for FX contracts that qualify for hedge accounting. The remaining contracts are measured at fair value through profit and loss. There are several risks related to the market development for Nekkar\u2019s products and services. Nekkar monitors these risks through its sales network and by monitoring relevant available information on trends like shipyard utilization indicators, investment trends and oil prices.Further description of the group\u2019s market risk can be found in the Directors\u2019 report. a) Currency risk The group operates worldwide and is exposed to currency risk in foreign currencies. Exposure to the risk in foreign exchange rates relates primarily to the group\u2019s operating activities (when revenue or expense is denominated in foreign currencies). The group manages its foreign currency risk by hedging the net exposure in foreign currencies, which is mainly USD and EUR. Currency cash flow forecasts are reviewed on a regular basis and the group aims to hedge a portion of the forecasted net currency exposure that matures within a 24-months period. Forward exchange contracts are used as hedging instruments, and they are designated as hedges of firm commitments for those hedging relationships that qualify for hedge accounting. When necessary, forward exchange contracts are prolonged as they mature. For other monetary assets and obligations in foreign currency, net exposure is monitored and is adjusted by purchasing and selling foreign currency when necessary. The group has insignificant investments in foreign subsidiaries where net assets are exposed to currency risk at conversion of currency. b) Interest rate risk Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. As per 31 December 2024, the group does not have any interest-bearing debt, hence no material exposure to the risk of changes in market interest rates. The group\u2019s surplus liquidity is in the form of bank deposits. Any divergence from the use of a floating rate of interest and placement of surplus liquidity shall be determined by the Board of Directors.Items exposed to interest rate risk are mainly related to bank deposits and undrawn credit facilities. c) Price risk The group is exposed to fluctuations in market prices in the operational areas related to contracts, including changes in market prices for raw materials and equipment and development in wages. These risks are to the extent possible managed in the bid processes by locking in committed prices from vendors as a basis for offers to customers, or by striving to place purchase orders to vendors as soon as possible after contract signing or through escalation clauses with customers. Furthermore, the majority of Nekkar\u2019s long-term service contracts with customers have built-in clauses that ensure annual inflation adjustments that correspond to recognized consumer price indices or similar. Nekkar also has internal processes in place to effectively manage price risk, including mandatory internal controls and safeguarding processes for tenders and contracts.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfMarketRiskExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__73": {
"value": "CREDIT RISK Credit risk is the risk that a counterparty will not meet its obligations under a financial instrument or customer contract, leading to a financial loss. The group is exposed to credit risk from its operating activities (primarily for trade receivables and contract assets) and from its financing activities, including deposits with bank and financial institutions, foreign exchange transactions and other financial instruments. Credit risk is handled at a corporate level. The credit risk is reduced through distribution on several counterparts. Requirements to credit ratings have been established toward counterparts, and new customers are subject to credit rating test. In order to minimize the risk of losses the group applies comprehensive use of Letters of Credit toward its customers. The group carries out assessment of credit risk to the political structure depending on the economic importance of the agreements based on assessments from the OECD and other equivalent factors. Maximum risk exposure is represented by the extent of financial assets recognized in the balance sheet. Please find additional information in Note 19. The counterparties for derivatives and bank deposits are investment grade rated banks (Nordea and DNB), and the credit risk related to these are considered insignificant.As of 31.12, the group had the following maturity distribution on its external customers:0-3 3-6 >6 (NOK months months months 1000) Total Not dueoverdueoverdueoverdue31.12.2024 151 819 60 062 73 367 7 399 10 99231.12.2023 85 269 45 962 15 214 5 983 18 110For accounts receivable that are not yet due, the assessment is, based on previous experience, that there is no need to impair the value. Accounts receivable relate to independent customers who have no previous history of failing to fulfill their obligations to the group. Invoicing is largely done in accordance with milestone-based progress in each project. The above table is presented net of bad debt provisions. As per 31 December 2024, a provision NOK 23 million is included due to uncertainty for payment in three projects. Hence, the gross amount of accounts receivables > 6 months overdue is NOK 34 million. Additional information on accounts receivable is available in Note 9.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCreditRiskExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__74": {
"value": "LIQUIDITY RISK Liquidity risk is the risk of the group being unable to fulfill its financial obligations as they fall due. Liquidity risk management implies maintaining sufficient cash and committed credit facilities for the group to meet obligations as they mature for payment. As of 31 December 2024, the group\u2019s credit facilities include a guarantee and derivatives facility of NOK 350 million, an overdraft facility of NOK 100 million and a revolving credit facility of NOK 100 million. All facilities are with Nordea. As per 31 December 2024, the group had drawn NOK 284 million of the guarantee facility. No amount has been drawn on the overdraft and the revolving credit facility.The group is continuously focusing on efficient management of working capital to optimize cash flow from operations. The group has established a joint cash pool arrangement. The cash pool arrangement improves accessibility and flexibility in the management of liquidity funds. The group\u2019s liquidity development is continuously monitored based on liquidity forecasts from the Business units.The group\u2019s strategy is always to have sufficient cash reserves or credit facilities available to be able to finance its operations and investments.The table below gives an overview of the structure of maturity of the group\u2019s financial obligations: Remaining period: Amounts in NOK 1000 < 6 months 6-12 months 1-5 years > 5 years Total2024Long-term financial obligations: Interest-bearing non-current liabilities - - - -Current financial obligations:Embedded derivatives 2 981 2 981FX-derivatives 5 661 1 104 1 291 - 8 056Prepayments from customers 74 629 - - - 74 629Accounts payable and other current liabilities 158 428 - - - 158 428Total financial obligations 238 718 1 104 4 272 - 244 0942023Long-term financial obligations:Interest-bearing non-current liabilities - - - - -Current financial obligations:FX-derivatives - - - - -Prepayments from customers 39 002 - - - 39 002Accounts payable and other current liabilities 103 542 - - - 103 542Total financial obligations 142 544 - - - 142 544",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__78": {
"value": "4. Use of judgement and estimates The key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year, are described below. The group based its assumptions and estimates on parameters available when the consolidated financial statements were prepared. Existing circumstances and assumptions about future developments, however, may change due to market changes or circumstances arising beyond the control of the group. Such changes are reflected in the assumptions when they occur.In preparing these consolidated financial statements, management has made judgements, estimates and assumptions that affect the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates.Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to estimates are recognized prospectively. a) Judgements Information about judgements made in applying accounting policies that have the most significant effects on the amounts recognized in the consolidated financial statements is included below and in respective notes:\u2022 Revenue recognition - Right to payment (IFRS 15): For contracts with no termination for convenience clause, the group\u2019s enforceable right to payment is subject to general law in the relevant jurisdiction. In most cases with termination, the group is responsible for mitigating the customers\u2019 losses by maximizing revenue from alternative sources. Based on historic numbers and current estimates, alternative revenue sources are considered insignificant. Consequently, the major portion of a contract\u2019s value and company profit will be compensated by the initial contract holder. \u2022 Business combination \u2013 management has identified customer relations as the only intangible assets in the business combination in 2024. This assessment is subject to use of judgement by management.b) Assumptions and estimation uncertainties Information about assumptions and estimation uncertainties that have a risk of resulting in a material adjustment to the carrying amounts of assets and liabilities within the year ending 31 December 2024 is included below and in respective notes:\u2022 Impairment test of intangible assets: key assumptions underlying recoverable amounts. For further description of assumptions and estimation uncertainties, please see Note 7.\u2022 Revenue recognition of construction contracts: Recognition of revenue from construction contracts is done in accordance with the percentage of completion method, ref. IFRS 15. The assessment of project costs is based on several estimates and assessments, each of which has an inherent uncertainty. The percentage of completion method requires that the group prepare reliable estimates for future costs for each project.\u2022 Warranty liability: The group customarily offers a warranty period of one or three years on its delivered products. Management estimates accruals for future guaranteed commitments based on information from historical guaranteed claims, together with updated information on the quality of recent deliveries. Factors that may affect estimated obligations include the outcome of productivity and quality initiatives, reference prices and labor costs.\u2022 Business combination: There is estimation uncertainty in estimating the fair value of customer relations acquired in business combination. Key assumptions are future earnings from current customers, churn rate and contributory asset charges.\u2022 Business combinations: There is estimation uncertainty in estimating the fair value of the recognized put liability. Key assumptions are forecasted profitability in 2027.",
"dimensions": {
"concept": "ifrs-full:ExplanationOfAssumptionAboutFutureWithSignificantRiskOfResultingInMaterialAdjustments",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__77": {
"value": "4. Use of judgement and estimates The key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year, are described below. The group based its assumptions and estimates on parameters available when the consolidated financial statements were prepared. Existing circumstances and assumptions about future developments, however, may change due to market changes or circumstances arising beyond the control of the group. Such changes are reflected in the assumptions when they occur.In preparing these consolidated financial statements, management has made judgements, estimates and assumptions that affect the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates.Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to estimates are recognized prospectively. a) Judgements Information about judgements made in applying accounting policies that have the most significant effects on the amounts recognized in the consolidated financial statements is included below and in respective notes:\u2022 Revenue recognition - Right to payment (IFRS 15): For contracts with no termination for convenience clause, the group\u2019s enforceable right to payment is subject to general law in the relevant jurisdiction. In most cases with termination, the group is responsible for mitigating the customers\u2019 losses by maximizing revenue from alternative sources. Based on historic numbers and current estimates, alternative revenue sources are considered insignificant. Consequently, the major portion of a contract\u2019s value and company profit will be compensated by the initial contract holder. \u2022 Business combination \u2013 management has identified customer relations as the only intangible assets in the business combination in 2024. This assessment is subject to use of judgement by management.b) Assumptions and estimation uncertainties Information about assumptions and estimation uncertainties that have a risk of resulting in a material adjustment to the carrying amounts of assets and liabilities within the year ending 31 December 2024 is included below and in respective notes:\u2022 Impairment test of intangible assets: key assumptions underlying recoverable amounts. For further description of assumptions and estimation uncertainties, please see Note 7.\u2022 Revenue recognition of construction contracts: Recognition of revenue from construction contracts is done in accordance with the percentage of completion method, ref. IFRS 15. The assessment of project costs is based on several estimates and assessments, each of which has an inherent uncertainty. The percentage of completion method requires that the group prepare reliable estimates for future costs for each project.\u2022 Warranty liability: The group customarily offers a warranty period of one or three years on its delivered products. Management estimates accruals for future guaranteed commitments based on information from historical guaranteed claims, together with updated information on the quality of recent deliveries. Factors that may affect estimated obligations include the outcome of productivity and quality initiatives, reference prices and labor costs.\u2022 Business combination: There is estimation uncertainty in estimating the fair value of customer relations acquired in business combination. Key assumptions are future earnings from current customers, churn rate and contributory asset charges.\u2022 Business combinations: There is estimation uncertainty in estimating the fair value of the recognized put liability. Key assumptions are forecasted profitability in 2027.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__79": {
"value": "Note 1 Operating segments Amounts in NOK 1000The segments structure in Nekkar are as follows:Consist ofSyncrolift: The Syncrolift segment includes shiplifts, docking/transfer systems and related service activity for shipyards. The main operating entity in this segment is Syncrolift AS with its head office in Vestby, Norway. Syncrolift also has local presence in important markets through subsidiaries in the US, India and in Singapore alongside a sales/service office in Dubai and Australia.Syncrolift is the global market leader for shiplifts and transfer systems offered to repair and newbuilding yards. They deliver turnkey and customized solutions to commercial yards and navy bases around the world. The product range includes shiplifting systems for launching and retrievals of vessels and transfer systems for a fast and reliable way of moving vessels around the yard.Intellilift The foundation of Intellilift\u2019s business is superior engineering, electrification, automation, and digitalisation competence with heritage from \u201cDrilling Bay\u201d in Kristiansand, Norway. Intellilift applies this competence across the Nekkar Group as well as to external clients. Intellilift software also increases efficiency on drilling rigs and reduces emissions through reduced drilling time. Collecting data from numerous different sensors, will improve the real time operation as well as enable remote operation and robotization. Intellilift\u2019s business model is threefold \u2013 project based, perpetual upfront software licenses and software as service licenses, depending on customer preferences. Techano Techano Oceanlift specializes in advanced load handling and lifting equipment for the aquaculture and Oceanliftoffshore energy industry, with products such as cranes, gangways, and fish transfer systems. Techano Oceanlift has a strong base of engineering expertise. Its cutting-edge solutions cater to the specific needs of the offshore renewables, energy and aquaculture industries.Globetech In 2024, Globetech marks a new addition to Nekkar\u2019s business portfolie. The acquisition was finalised at August 15 2024. The company provides ICT (information and communication technology) infrastructure, connectivity and support services to the global maritime sector. Globetech offers complete solutions for onboard network infrastructure including hardware, tailored solution architecture and system integration for satellite communications, and develops software and customized ICT solutions that focuses on cybersecurity to ensure secure and continuous operations.Other The \u201cOther\u201d segment includes group functions in the parent company, the advancement of impact technology ventures including SkyWalker, the investment in FiiZK and group eliminations. FiiZK, is an entity that delivers closed cage systems for fish farmers. FiiZK has significant experience and track record in delivering closed cages that avoids sea lice, prevents escape and enables collection of sludge. As of 31 December 2024 the book value of FiiZK was MNOK 82.2.The SkyWalker project, is a ground-breaking wind turbine installation and service technology tool suitable for onshore and offshore wind. Capitalised development costs of SkyWalker amounted to NOK 3.3 million in 2024.Development costs related to SkyWalker are partly funded by external contributions from Innovation Norway, Norges forskningsr\u00e5d and SkattefunnChange in The change in segments from 2023 corresponds to the acquisition of Globetech AS in 2024.segmentsTechano Other/Syncrolift Intellilift Oceanlift GlobetechElim Total2024External revenue 491 061 29 241 63 514 37 892 1 799 623 508 Internal revenue 779 14 508 - - 7 795 23 082 Total revenue 491 840 43 750 63 514 37 892 9 594 646 590 Intergroup eliminations -779 -14 508 - - -7 795 -23 082 Consolidated revenue 491 061 29 241 63 514 37 892 1 799 623 508 Earnings before depreciation, finance and tax (EBITDA) 119 008 5 271 -9 956 9 661 -31 752 92 231 Depreciation/amortisation 2 262 1 394 547 1 130 6 283 11 616 Operating profit/(loss) 116 745 3 878 -10 503 8 531 -38 035 80 615 Net finance -7 647 -396 -3 168 320 30 067 19 176 Segment profit/(loss) before tax 109 098 3 481 -13 671 8 851 -7 968 99 791 Income tax expense 23 311 -189 -2 741 1 955 -8 416 13 920 Profit (loss) for the period after tax 85 788 3 670 -10 930 6 896 448 85 872 This year\u2019s capital expenditures 3 380 4 494 11 638 - 3 351 22 862 2023External revenue 515 204 29 125 30 336 - 422 575 086 Internal revenue 290 4 729 - - 9 395 14 414 Total revenue 515 494 33 854 30 336 - 9 816 589 500 Intergroup eliminations -290 -4 729 - - -9 395 -14 414 Consolidated revenue 515 204 29 125 30 336 - 422 575 086 Earnings before depreciation, finance and tax (EBITDA) 131 863 6 184 1 075 - -30 365 108 758 Depreciation/amortisation 1 814 1 512 97 - 4 261 7 685 Operating profit/(loss) 130 049 4 672 978 - -34 626 101 073 Net finance 10 708 135 1 498 - -4 150 8 191 Segment profit/(loss) before tax 140 757 4 807 2 476 - -38 776 109 264 Income tax expense 31 551 1 056 282 - -6 934 25 955 Profit (loss) for the period after tax 109 206 3 751 2 194 - -31 842 83 309 This year\u2019s capital expenditures 1 115 553 6 354 - 10 645 18 667 Capital expenditureCapital expenditure is net amount of money spent on aquiring or maintaining assets and grants recived.Information about geographical areasThe activity are primarily distributed in the following regions: Revenue 2024 2023Europa 65 305 61 636Turkey 59 600 24 630Asia/Australia/NZ 87 924 45 484 North America 3 352 3 662 UAE 143 828 95 476 Africa 24 009 12 842 USA 107 259 147 662 South America 26 980 4 803 India 62 421 177 556 Norway 42 560 1 335 Other 269 -Total revenue 623 508 575 086 Sales are allocated based on the customer\u2019s country of domicile.Since revenue is project based, historic geographical allocation will not be representative for business going forward.During 2024 Syncrolift has two customers that each accounted for more than 10% of the consolidated revenue. These customers generated revenue of MNOK 98 and MNOK 130 respectively. In 2023 the revenue from the same customers was MNOK 122 and MNOK 94 respectively.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__83": {
"value": "Note 2 Revenue Amounts in NOK 1000Revenue streams Description of revenue streams are presented under \u201cAccounting principles\u201d in section 2.20.2024 2023Revenue from construction contracts recognized over time 500 243 515 502 Revenue from construction contracts recognized point in time - - Sale of spareparts 60 454 50 002 Revenue from service contracts 56 822 9 161 Other operating revenue 5 990 422 Total revenue 623 508 575 087 Contract balances2024 2023Trade receivable 151 819 85 269 Contract assets 118 036 144 007 Contract liabilitites 69 729 39 002 Customer contract assets relate to consideration for work completed, but not yetinvoiced at the reporting date. The contract assets are transferred to trade receivables when the right to payment become unconditional, which usually occurs when invoices are issued to the customers. Contracts liabilities relates to advance consideration received from customer on work not yet completed. This is classified as prepayments from customer in the consolidated statement of financial position. Contract liablilities reported on the balance sheet as of 2023 has all been recognized as revenue in 2024.Disaggregation of revenue from contracts with customersRevenue from contracts with customers is disaggregated by primary geographical market under segment information in note 1.Transaction price allocated to the remaining performance obligationThe following table shows the remaining performance obligation on committed projects:2024 2023Contracted revenue projects and long-term service contracts 1 859 947 1 821 048 Accumulated Revenue recognised per 31 December 1 171 201 1 017 562 Aggregated amount of the transaction price allocated to unsatisfied performance obligation 688 746 803 486 Production time for typical Shipyard Solutions projects are up to 48 months, hence revenue allocated to the remaining performance obligation is expected to be recognized within the next 48 months.Service contracts has been entered into for a period of up 20 years. The typical service agreement is 1-3 years.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRevenueFromContractsWithCustomersExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__82": {
"value": "Note 2 Revenue Amounts in NOK 1000Revenue streams Description of revenue streams are presented under \u201cAccounting principles\u201d in section 2.20.2024 2023Revenue from construction contracts recognized over time 500 243 515 502 Revenue from construction contracts recognized point in time - - Sale of spareparts 60 454 50 002 Revenue from service contracts 56 822 9 161 Other operating revenue 5 990 422 Total revenue 623 508 575 087 Contract balances2024 2023Trade receivable 151 819 85 269 Contract assets 118 036 144 007 Contract liabilitites 69 729 39 002 Customer contract assets relate to consideration for work completed, but not yetinvoiced at the reporting date. The contract assets are transferred to trade receivables when the right to payment become unconditional, which usually occurs when invoices are issued to the customers. Contracts liabilities relates to advance consideration received from customer on work not yet completed. This is classified as prepayments from customer in the consolidated statement of financial position. Contract liablilities reported on the balance sheet as of 2023 has all been recognized as revenue in 2024.Disaggregation of revenue from contracts with customersRevenue from contracts with customers is disaggregated by primary geographical market under segment information in note 1.Transaction price allocated to the remaining performance obligationThe following table shows the remaining performance obligation on committed projects:2024 2023Contracted revenue projects and long-term service contracts 1 859 947 1 821 048 Accumulated Revenue recognised per 31 December 1 171 201 1 017 562 Aggregated amount of the transaction price allocated to unsatisfied performance obligation 688 746 803 486 Production time for typical Shipyard Solutions projects are up to 48 months, hence revenue allocated to the remaining performance obligation is expected to be recognized within the next 48 months.Service contracts has been entered into for a period of up 20 years. The typical service agreement is 1-3 years.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__81-1": {
"value": "Note 2 Revenue Amounts in NOK 1000Revenue streams Description of revenue streams are presented under \u201cAccounting principles\u201d in section 2.20.2024 2023Revenue from construction contracts recognized over time 500 243 515 502 Revenue from construction contracts recognized point in time - - Sale of spareparts 60 454 50 002 Revenue from service contracts 56 822 9 161 Other operating revenue 5 990 422 Total revenue 623 508 575 087 Contract balances2024 2023Trade receivable 151 819 85 269 Contract assets 118 036 144 007 Contract liabilitites 69 729 39 002 Customer contract assets relate to consideration for work completed, but not yetinvoiced at the reporting date. The contract assets are transferred to trade receivables when the right to payment become unconditional, which usually occurs when invoices are issued to the customers. Contracts liabilities relates to advance consideration received from customer on work not yet completed. This is classified as prepayments from customer in the consolidated statement of financial position. Contract liablilities reported on the balance sheet as of 2023 has all been recognized as revenue in 2024.Disaggregation of revenue from contracts with customersRevenue from contracts with customers is disaggregated by primary geographical market under segment information in note 1.Transaction price allocated to the remaining performance obligationThe following table shows the remaining performance obligation on committed projects:2024 2023Contracted revenue projects and long-term service contracts 1 859 947 1 821 048 Accumulated Revenue recognised per 31 December 1 171 201 1 017 562 Aggregated amount of the transaction price allocated to unsatisfied performance obligation 688 746 803 486 Production time for typical Shipyard Solutions projects are up to 48 months, hence revenue allocated to the remaining performance obligation is expected to be recognized within the next 48 months.Service contracts has been entered into for a period of up 20 years. The typical service agreement is 1-3 years.Note 15 Other operating expenses Amounts in NOK 10002024 2023Premises and office expenses 2 676 2 557 IT costs 9 523 5 147 Marketing and travel expenses 19 359 16 497 Consultancy and external services 13 166 12 720 Other expenses 5 675 4 499 Total other operating expenses 50 400 41 420",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__80": {
"value": "Note 2 Revenue Amounts in NOK 1000Revenue streams Description of revenue streams are presented under \u201cAccounting principles\u201d in section 2.20.2024 2023Revenue from construction contracts recognized over time 500 243 515 502 Revenue from construction contracts recognized point in time - - Sale of spareparts 60 454 50 002 Revenue from service contracts 56 822 9 161 Other operating revenue 5 990 422 Total revenue 623 508 575 087 Contract balances2024 2023Trade receivable 151 819 85 269 Contract assets 118 036 144 007 Contract liabilitites 69 729 39 002 Customer contract assets relate to consideration for work completed, but not yetinvoiced at the reporting date. The contract assets are transferred to trade receivables when the right to payment become unconditional, which usually occurs when invoices are issued to the customers. Contracts liabilities relates to advance consideration received from customer on work not yet completed. This is classified as prepayments from customer in the consolidated statement of financial position. Contract liablilities reported on the balance sheet as of 2023 has all been recognized as revenue in 2024.Disaggregation of revenue from contracts with customersRevenue from contracts with customers is disaggregated by primary geographical market under segment information in note 1.Transaction price allocated to the remaining performance obligationThe following table shows the remaining performance obligation on committed projects:2024 2023Contracted revenue projects and long-term service contracts 1 859 947 1 821 048 Accumulated Revenue recognised per 31 December 1 171 201 1 017 562 Aggregated amount of the transaction price allocated to unsatisfied performance obligation 688 746 803 486 Production time for typical Shipyard Solutions projects are up to 48 months, hence revenue allocated to the remaining performance obligation is expected to be recognized within the next 48 months.Service contracts has been entered into for a period of up 20 years. The typical service agreement is 1-3 years.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRevenueExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__86-1": {
"value": "Note 4 Payroll expenses and employee information Amounts in NOK 1000Payroll expenses 2024 2023Salaries 113 065 89 764Employer's social security contribution 18 620 13 725Pension cost 8 940 6 197Other benefits 5 829 4 126Total payroll expenses continued operations 146 455 113 812 Number of employees at the end of the year 129 921)Board remunerations2024 2023H\u00e5kon Andre Berg Board member since 06.2023 347 - Marit Solberg Board member since 10.2019 347 347Trine Ulla Board member since 06.2023 347 - Lars Carl Fabian Qvist Board member since 06.2024 - -Bj\u00f8rn-Erik Dale Board member since 06.2024 - -Trym Skeie Board member since 06.2008 - 05.2024 550 5502)Gisle Rike Board member since 06.2015 - 05.2024 347 347Ingunn Sveg\u00e5rden Board member since 10.2019 - 05.2023 - 347Total 1 938 1 591 1) The Annual General Meeting determines the remuneration to the Board and nomination commitee from one General Meeting to the next. For the financial year 2024, the reported remuneration is related to the remuneration paid in 2024 based on the amounts determined by the Board at the Annual General Meeting for 2023.2) Gisle Rike represents Rasmussengruppen and the board fee was paid to Rasmussengruppen.The Board has not received any remuneration beyond Director\u2019s fee. No loans or severance pay is given to the Directors.Nomination committee remunerationNekkar\u2019s nomination committee comprised of the following members: Anne Grethe Ellingsen (Chairman) and Leif Haukom. The nomination committee remuneration paid in 2024 was TNOK 67 for the chairman and TNOK 40 for the member, a total of TNOK 107.Note 5 Pensions Amounts in NOK 1000The Group have established pension plans in accordance with local practice and law regulations. In general Nekkar has set up defined contribution plans for all employees. Annual contribution paid during the year is expensed when incurred.Reference is made to the remuneration report for further details.2024 2023Total pension cost Insured Uninsured Total Insured Uninsured Total+ Defined contribution plan 8 940 - 8 940 6 197 - 6 197 = Total pension cost 8 940 - 8 940 6 197 - 6 197 - of which recognised as payroll cost 8 940 8 940 6 197 6 197 - of which recognised as finance cost - - - - - -",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__85-1": {
"value": "Note 4 Payroll expenses and employee information Amounts in NOK 1000Payroll expenses 2024 2023Salaries 113 065 89 764Employer's social security contribution 18 620 13 725Pension cost 8 940 6 197Other benefits 5 829 4 126Total payroll expenses continued operations 146 455 113 812 Number of employees at the end of the year 129 921)Board remunerations2024 2023H\u00e5kon Andre Berg Board member since 06.2023 347 - Marit Solberg Board member since 10.2019 347 347Trine Ulla Board member since 06.2023 347 - Lars Carl Fabian Qvist Board member since 06.2024 - -Bj\u00f8rn-Erik Dale Board member since 06.2024 - -Trym Skeie Board member since 06.2008 - 05.2024 550 5502)Gisle Rike Board member since 06.2015 - 05.2024 347 347Ingunn Sveg\u00e5rden Board member since 10.2019 - 05.2023 - 347Total 1 938 1 591 1) The Annual General Meeting determines the remuneration to the Board and nomination commitee from one General Meeting to the next. For the financial year 2024, the reported remuneration is related to the remuneration paid in 2024 based on the amounts determined by the Board at the Annual General Meeting for 2023.2) Gisle Rike represents Rasmussengruppen and the board fee was paid to Rasmussengruppen.The Board has not received any remuneration beyond Director\u2019s fee. No loans or severance pay is given to the Directors.Nomination committee remunerationNekkar\u2019s nomination committee comprised of the following members: Anne Grethe Ellingsen (Chairman) and Leif Haukom. The nomination committee remuneration paid in 2024 was TNOK 67 for the chairman and TNOK 40 for the member, a total of TNOK 107.Statement regarding the stipulation of remuneration and other benefits for the CEO and other executivesRegarding Group management, Nekkar ASA\u2019s remuneration policy is based on offering competitive terms. Remunerations should reflect that Nekkar is a listed company with an international focus. The annual remuneration is based on Group managements part-taking in the results generated by the company and the added value for shareholders through increased company value.Remuneration consists of two main components; Base salary and bonus.\u2022 Base salaries is intented to be competetive and motivating, but in line with general market terms.\u2022 Bonus for the CEO and other executives is determined on the basis of target results and on individual targets. Bonus targets are revised annually and is limited to 50 % of base salary for the CEO and other executives. Bonus payments reported in 2024 is based on the evaluation of the relevant performance criteria for the fiscal year ending 31.12.2023. Bonus payments are based on individual employment contracts. A bonus provision of MNOK 3,0 is included in other current liabilities per 31.12.2024 for the CEO and other executives based on the 2024 targets. The final bonus payment was approved in Q1 2025.Senior executives have notice six months, and severance pay periods of up to six months. Reference is made to remuneration report for further details.Remuneration and other benefits for the CEO and other senior executives employed during 2024Amounts in NOK 1000Base Other Bonus Pension Name PositionsalarybenefitspaidcostOle Falk Hansen CEO 3 366 19 1 630 210Rolf-Atle Tomassen EVP Shipyard Solutions 2 569 17 800 210Mette Harv EVP Aquaculture & Renewables 1 923 17 752 211Petter Br\u00f8vig Head of strategy 1 235 16 290 152Marianne Voreland Ottosen Head of finance 1 375 17 330 188Remunerations Taxable remunerationOther benefits Board remuneration, car, group life insurance, phone, newspaper, etc.Bonus paid Bonus paid to employee in current yearNote 5 Pensions Amounts in NOK 1000The Group have established pension plans in accordance with local practice and law regulations. In general Nekkar has set up defined contribution plans for all employees. Annual contribution paid during the year is expensed when incurred.Reference is made to the remuneration report for further details.2024 2023Total pension cost Insured Uninsured Total Insured Uninsured Total+ Defined contribution plan 8 940 - 8 940 6 197 - 6 197 = Total pension cost 8 940 - 8 940 6 197 - 6 197 - of which recognised as payroll cost 8 940 8 940 6 197 6 197 - of which recognised as finance cost - - - - - -",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__84": {
"value": "Note 3 Inventories Amounts in NOK 10002024 2023Spareparts 15 811 8 996 Work in progress 2 657 3 341 Obsolescence -476 -476 Total inventories 17 991 11 861",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInventoriesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__87": {
"value": "Statement regarding the stipulation of remuneration and other benefits for the CEO and other executivesRegarding Group management, Nekkar ASA\u2019s remuneration policy is based on offering competitive terms. Remunerations should reflect that Nekkar is a listed company with an international focus. The annual remuneration is based on Group managements part-taking in the results generated by the company and the added value for shareholders through increased company value.Remuneration consists of two main components; Base salary and bonus.\u2022 Base salaries is intented to be competetive and motivating, but in line with general market terms.\u2022 Bonus for the CEO and other executives is determined on the basis of target results and on individual targets. Bonus targets are revised annually and is limited to 50 % of base salary for the CEO and other executives. Bonus payments reported in 2024 is based on the evaluation of the relevant performance criteria for the fiscal year ending 31.12.2023. Bonus payments are based on individual employment contracts. A bonus provision of MNOK 3,0 is included in other current liabilities per 31.12.2024 for the CEO and other executives based on the 2024 targets. The final bonus payment was approved in Q1 2025.Senior executives have notice six months, and severance pay periods of up to six months. Reference is made to remuneration report for further details.Remuneration and other benefits for the CEO and other senior executives employed during 2024Amounts in NOK 1000Base Other Bonus Pension Name PositionsalarybenefitspaidcostOle Falk Hansen CEO 3 366 19 1 630 210Rolf-Atle Tomassen EVP Shipyard Solutions 2 569 17 800 210Mette Harv EVP Aquaculture & Renewables 1 923 17 752 211Petter Br\u00f8vig Head of strategy 1 235 16 290 152Marianne Voreland Ottosen Head of finance 1 375 17 330 188Remunerations Taxable remunerationOther benefits Board remuneration, car, group life insurance, phone, newspaper, etc.Bonus paid Bonus paid to employee in current year",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__88": {
"value": "Remuneration of Auditor 2024 2023Statutory audit 1 904 1 847Other attestation services 27 11Other non-audit service 11 -Total 1 942 1 858",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__96-1": {
"value": "Note 6 Fixed assets Amounts in NOK 1000Right-of-use Furniture, office- assetequipment, etc. Total2023 Financial yearBook value as of 1.1. 4 409 9 809 14 219 Additions 12 043 1 906 13 949 Disposals - - - Depreciation, amortization and impairments -2 911 -2 528 -5 439 Book value as of 31.12.2023 13 541 9 188 22 727 Acquisition cost 31.12. 20 472 40 368 66 341 Accumulated depreciation and impairments as of 31.12. -6 931 -31 181 -43 611 Book value as of 31.12.2023 13 541 9 188 22 727 2024 Financial yearBook value as of 1.1. 13 541 9 188 22 727 Additions 5 658 1 224 6 883 Acquisitions - 2 640 2 640 Disposals - -354 -354 Depreciation, amortization and impairments -4 675 -2 585 -7 261 Book value as of 31.12.2024 14 524 10 113 24 635 Acquisition cost 31.12. 26 130 43 878 70 009 Accumulated depreciation and impairments as of 31.12. -11 606 -33 766 -45 372 Book value as of 31.12.2024 14 524 10 113 24 635 1)Undiscounted lease liabilities and maturity of cash outflows Lease payments 2025 5 669 Lease payments 2026-2027 7 340 Lease payment 2028 --- 3 192 Total undiscounted lease liabilities at 31.12.2024 16 200 1) The lease liability does not included the 5 yr option period for the offices in Syncrolift. When calculating the Right-of-use asset, a discount rate of 6.26% is applied.Note 7 Intangible assets and goodwill Amounts in NOK 1000Brand name, Customer patents, Development Technology portfoliolicences etccostsassets Goodwill TotalAs of 31.12.2023Acquisition cost 31.12. - 10,899 47,594 3,300 17,050 78,844 Accumulated depreciation and amortization as of 31.12. - -6,205 -3,786 -1,568 - -11,559 Book value as of 31.12.2023 - 4,694 43,807 1,732 17,050 67,284 2024 Financial yearBook value 1.1. - 4,694 43,807 1,732 17,050 67,284 Additions - - 23,224 - - 23,224 Government grants - - -657 - - -657 Acquisitions 27,700 155 - 89,082 116,937 Depreciation and amortization -923 -665 -2,500 -330 - -4,418 Book value as of 31.12.2024 26,777 4,184 63,875 1,402 106,132 202,370 Useful life (years) 10 years 5-10 years 5-10 years 10 years Infinite As of 31.12.2024Acquisition cost 31.12. 27,700 11,054 70,162 3,300 106,132 218,348 Accumulated depreciation and amortization as of 31.12. -923 -6,870 -6,286 -1,898 - -15,977 Book value as of 31.12.2024 26,777 4,184 63,876 1,402 106,132 202,370 Total capitalised development cost amount to MNOK 23.2 in 2024, allocated across several key projects. MNOK 7.2 is related to the crane series under development in Techano Oceanlift. MNOK 5.3 relates to a SOV package including a gangway and 3D compensated crane. MNOK 3.8 is attributed to Inteliwell and Robotoc driller projects within Intellilift. MNOK 3.2 is invested in the SkyWalker solutions for major componant replacement in offshore wind. In Syncrolift, MNOK 3.2 is capitalised for development of the Flex Trolley, Wire rope system and Flexpad. Total government grants received on these projects amounts to MNOK 0.6 in 2024.Technology assets relates to the acquisitions of Intellilift AS in 2019.Note 15 Other operating expenses Amounts in NOK 10002024 2023Premises and office expenses 2 676 2 557 IT costs 9 523 5 147 Marketing and travel expenses 19 359 16 497 Consultancy and external services 13 166 12 720 Other expenses 5 675 4 499 Total other operating expenses 50 400 41 420",
"dimensions": {
"concept": "ifrs-full:DisclosureOfExpensesByNatureExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__95-1": {
"value": "Note 6 Fixed assets Amounts in NOK 1000Right-of-use Furniture, office- assetequipment, etc. Total2023 Financial yearBook value as of 1.1. 4 409 9 809 14 219 Additions 12 043 1 906 13 949 Disposals - - - Depreciation, amortization and impairments -2 911 -2 528 -5 439 Book value as of 31.12.2023 13 541 9 188 22 727 Acquisition cost 31.12. 20 472 40 368 66 341 Accumulated depreciation and impairments as of 31.12. -6 931 -31 181 -43 611 Book value as of 31.12.2023 13 541 9 188 22 727 2024 Financial yearBook value as of 1.1. 13 541 9 188 22 727 Additions 5 658 1 224 6 883 Acquisitions - 2 640 2 640 Disposals - -354 -354 Depreciation, amortization and impairments -4 675 -2 585 -7 261 Book value as of 31.12.2024 14 524 10 113 24 635 Acquisition cost 31.12. 26 130 43 878 70 009 Accumulated depreciation and impairments as of 31.12. -11 606 -33 766 -45 372 Book value as of 31.12.2024 14 524 10 113 24 635 1)Undiscounted lease liabilities and maturity of cash outflows Lease payments 2025 5 669 Lease payments 2026-2027 7 340 Lease payment 2028 --- 3 192 Total undiscounted lease liabilities at 31.12.2024 16 200 1) The lease liability does not included the 5 yr option period for the offices in Syncrolift. When calculating the Right-of-use asset, a discount rate of 6.26% is applied.Note 7 Intangible assets and goodwill Amounts in NOK 1000Brand name, Customer patents, Development Technology portfoliolicences etccostsassets Goodwill TotalAs of 31.12.2023Acquisition cost 31.12. - 10,899 47,594 3,300 17,050 78,844 Accumulated depreciation and amortization as of 31.12. - -6,205 -3,786 -1,568 - -11,559 Book value as of 31.12.2023 - 4,694 43,807 1,732 17,050 67,284 2024 Financial yearBook value 1.1. - 4,694 43,807 1,732 17,050 67,284 Additions - - 23,224 - - 23,224 Government grants - - -657 - - -657 Acquisitions 27,700 155 - 89,082 116,937 Depreciation and amortization -923 -665 -2,500 -330 - -4,418 Book value as of 31.12.2024 26,777 4,184 63,875 1,402 106,132 202,370 Useful life (years) 10 years 5-10 years 5-10 years 10 years Infinite As of 31.12.2024Acquisition cost 31.12. 27,700 11,054 70,162 3,300 106,132 218,348 Accumulated depreciation and amortization as of 31.12. -923 -6,870 -6,286 -1,898 - -15,977 Book value as of 31.12.2024 26,777 4,184 63,876 1,402 106,132 202,370 Total capitalised development cost amount to MNOK 23.2 in 2024, allocated across several key projects. MNOK 7.2 is related to the crane series under development in Techano Oceanlift. MNOK 5.3 relates to a SOV package including a gangway and 3D compensated crane. MNOK 3.8 is attributed to Inteliwell and Robotoc driller projects within Intellilift. MNOK 3.2 is invested in the SkyWalker solutions for major componant replacement in offshore wind. In Syncrolift, MNOK 3.2 is capitalised for development of the Flex Trolley, Wire rope system and Flexpad. Total government grants received on these projects amounts to MNOK 0.6 in 2024.Technology assets relates to the acquisitions of Intellilift AS in 2019.Note 15 Other operating expenses Amounts in NOK 10002024 2023Premises and office expenses 2 676 2 557 IT costs 9 523 5 147 Marketing and travel expenses 19 359 16 497 Consultancy and external services 13 166 12 720 Other expenses 5 675 4 499 Total other operating expenses 50 400 41 420",
"dimensions": {
"concept": "ifrs-full:DisclosureOfExpensesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__94-1": {
"value": "Note 6 Fixed assets Amounts in NOK 1000Right-of-use Furniture, office- assetequipment, etc. Total2023 Financial yearBook value as of 1.1. 4 409 9 809 14 219 Additions 12 043 1 906 13 949 Disposals - - - Depreciation, amortization and impairments -2 911 -2 528 -5 439 Book value as of 31.12.2023 13 541 9 188 22 727 Acquisition cost 31.12. 20 472 40 368 66 341 Accumulated depreciation and impairments as of 31.12. -6 931 -31 181 -43 611 Book value as of 31.12.2023 13 541 9 188 22 727 2024 Financial yearBook value as of 1.1. 13 541 9 188 22 727 Additions 5 658 1 224 6 883 Acquisitions - 2 640 2 640 Disposals - -354 -354 Depreciation, amortization and impairments -4 675 -2 585 -7 261 Book value as of 31.12.2024 14 524 10 113 24 635 Acquisition cost 31.12. 26 130 43 878 70 009 Accumulated depreciation and impairments as of 31.12. -11 606 -33 766 -45 372 Book value as of 31.12.2024 14 524 10 113 24 635 1)Undiscounted lease liabilities and maturity of cash outflows Lease payments 2025 5 669 Lease payments 2026-2027 7 340 Lease payment 2028 --- 3 192 Total undiscounted lease liabilities at 31.12.2024 16 200 1) The lease liability does not included the 5 yr option period for the offices in Syncrolift. When calculating the Right-of-use asset, a discount rate of 6.26% is applied.Note 7 Intangible assets and goodwill Amounts in NOK 1000Brand name, Customer patents, Development Technology portfoliolicences etccostsassets Goodwill TotalAs of 31.12.2023Acquisition cost 31.12. - 10,899 47,594 3,300 17,050 78,844 Accumulated depreciation and amortization as of 31.12. - -6,205 -3,786 -1,568 - -11,559 Book value as of 31.12.2023 - 4,694 43,807 1,732 17,050 67,284 2024 Financial yearBook value 1.1. - 4,694 43,807 1,732 17,050 67,284 Additions - - 23,224 - - 23,224 Government grants - - -657 - - -657 Acquisitions 27,700 155 - 89,082 116,937 Depreciation and amortization -923 -665 -2,500 -330 - -4,418 Book value as of 31.12.2024 26,777 4,184 63,875 1,402 106,132 202,370 Useful life (years) 10 years 5-10 years 5-10 years 10 years Infinite As of 31.12.2024Acquisition cost 31.12. 27,700 11,054 70,162 3,300 106,132 218,348 Accumulated depreciation and amortization as of 31.12. -923 -6,870 -6,286 -1,898 - -15,977 Book value as of 31.12.2024 26,777 4,184 63,876 1,402 106,132 202,370 Total capitalised development cost amount to MNOK 23.2 in 2024, allocated across several key projects. MNOK 7.2 is related to the crane series under development in Techano Oceanlift. MNOK 5.3 relates to a SOV package including a gangway and 3D compensated crane. MNOK 3.8 is attributed to Inteliwell and Robotoc driller projects within Intellilift. MNOK 3.2 is invested in the SkyWalker solutions for major componant replacement in offshore wind. In Syncrolift, MNOK 3.2 is capitalised for development of the Flex Trolley, Wire rope system and Flexpad. Total government grants received on these projects amounts to MNOK 0.6 in 2024.Technology assets relates to the acquisitions of Intellilift AS in 2019.Allocation of goodwill and impairment assessmentRecognised goodwill relates to the acquisition of Intellilift which amounts to MNOK 16.6, the Techano Oceanlift acqusition in March 2023 of MNOK 0,4 and the Globetech acquisition in August 2024, totaling to MNOK 89,1, resulting in a combined value of MNOK 106.1 as of 31 December 2024. The goodwill related to Globetech is attributable to the strategic value of the company\u2019s market position, which is well-positioned for growth driven by global trends in ship digitalization and cybersecurity demands. Additionally, the goodwill reflects the value of the highly skilled and experienced workforce, with specialized market insights that support Nekkar ASA\u2019s future growth objectives. The goodwill related to Intellilift and Techano Oceanlift includes the value of employees with special skills and expected synergies with the existing business of Nekkar. These intangible assets do not fulfil the recognition criteria under IAS 38 and are therefore not recognized separately. Reference is made to note 21 Business Combinations.In accordance with IAS 36, goodwill is not amortized, but is tested for impairment at least annually, or when there are indications of impairment. Nekkar performed its annual impairment test in January 2025.Goodwill is tested for impairment by groups of cash generating units (CGU) and Globetech, Intellilift and Techano Oceanlift is assessed as separate CGUs. As of 31 December 2024, the recoverable amount of the CGUs has been determined based on a value in use calculation using cash flow projections from the 2025 budget and a total forecast period of 5 years. The pre-tax discount rate applied to the cash flow projections is 15.7% and the cash flows beyond the five-year period are extrapolated using a 1.5% growth rate. The impairment test indicated that the recoverable amount exceeds the book value of the CGU, hence no impairment is recognised as per 31 December 2024. The value in use is based on several key assumptions and is most sensitive to the following: \u2022 Discount rate (WACC)\u2022 Gross margins\u2022 Growth assumptions in cash flow projections\u2022 Terminal growth rateIf these key assumptions are developing unfavorably it may cause a need for impairment of the recognised goodwill. However, management believes that only a significant change in the assumptions used will lead to an impairment. 2024 2023Goodwill Globetech 89 082 Goodwill Techano Oceanlift 406 406 Goodwill Intellilift 16 644 16 644 Total goodwill 106 132 17 050 Development costsThe Group performed its impairment assessment in January 2025. The recoverable amount has been determined based on a value in use calculation using 5 year cash flow projections. The impairment test indicated that the recoverable amount exceeds book value, hence no impairment is recognised as per 31 December 2024.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__93-1": {
"value": "Note 6 Fixed assets Amounts in NOK 1000Right-of-use Furniture, office- assetequipment, etc. Total2023 Financial yearBook value as of 1.1. 4 409 9 809 14 219 Additions 12 043 1 906 13 949 Disposals - - - Depreciation, amortization and impairments -2 911 -2 528 -5 439 Book value as of 31.12.2023 13 541 9 188 22 727 Acquisition cost 31.12. 20 472 40 368 66 341 Accumulated depreciation and impairments as of 31.12. -6 931 -31 181 -43 611 Book value as of 31.12.2023 13 541 9 188 22 727 2024 Financial yearBook value as of 1.1. 13 541 9 188 22 727 Additions 5 658 1 224 6 883 Acquisitions - 2 640 2 640 Disposals - -354 -354 Depreciation, amortization and impairments -4 675 -2 585 -7 261 Book value as of 31.12.2024 14 524 10 113 24 635 Acquisition cost 31.12. 26 130 43 878 70 009 Accumulated depreciation and impairments as of 31.12. -11 606 -33 766 -45 372 Book value as of 31.12.2024 14 524 10 113 24 635 1)Undiscounted lease liabilities and maturity of cash outflows Lease payments 2025 5 669 Lease payments 2026-2027 7 340 Lease payment 2028 --- 3 192 Total undiscounted lease liabilities at 31.12.2024 16 200 1) The lease liability does not included the 5 yr option period for the offices in Syncrolift. When calculating the Right-of-use asset, a discount rate of 6.26% is applied.Note 7 Intangible assets and goodwill Amounts in NOK 1000Brand name, Customer patents, Development Technology portfoliolicences etccostsassets Goodwill TotalAs of 31.12.2023Acquisition cost 31.12. - 10,899 47,594 3,300 17,050 78,844 Accumulated depreciation and amortization as of 31.12. - -6,205 -3,786 -1,568 - -11,559 Book value as of 31.12.2023 - 4,694 43,807 1,732 17,050 67,284 2024 Financial yearBook value 1.1. - 4,694 43,807 1,732 17,050 67,284 Additions - - 23,224 - - 23,224 Government grants - - -657 - - -657 Acquisitions 27,700 155 - 89,082 116,937 Depreciation and amortization -923 -665 -2,500 -330 - -4,418 Book value as of 31.12.2024 26,777 4,184 63,875 1,402 106,132 202,370 Useful life (years) 10 years 5-10 years 5-10 years 10 years Infinite As of 31.12.2024Acquisition cost 31.12. 27,700 11,054 70,162 3,300 106,132 218,348 Accumulated depreciation and amortization as of 31.12. -923 -6,870 -6,286 -1,898 - -15,977 Book value as of 31.12.2024 26,777 4,184 63,876 1,402 106,132 202,370 Total capitalised development cost amount to MNOK 23.2 in 2024, allocated across several key projects. MNOK 7.2 is related to the crane series under development in Techano Oceanlift. MNOK 5.3 relates to a SOV package including a gangway and 3D compensated crane. MNOK 3.8 is attributed to Inteliwell and Robotoc driller projects within Intellilift. MNOK 3.2 is invested in the SkyWalker solutions for major componant replacement in offshore wind. In Syncrolift, MNOK 3.2 is capitalised for development of the Flex Trolley, Wire rope system and Flexpad. Total government grants received on these projects amounts to MNOK 0.6 in 2024.Technology assets relates to the acquisitions of Intellilift AS in 2019.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__92": {
"value": "Note 6 Fixed assets Amounts in NOK 1000Right-of-use Furniture, office- assetequipment, etc. Total2023 Financial yearBook value as of 1.1. 4 409 9 809 14 219 Additions 12 043 1 906 13 949 Disposals - - - Depreciation, amortization and impairments -2 911 -2 528 -5 439 Book value as of 31.12.2023 13 541 9 188 22 727 Acquisition cost 31.12. 20 472 40 368 66 341 Accumulated depreciation and impairments as of 31.12. -6 931 -31 181 -43 611 Book value as of 31.12.2023 13 541 9 188 22 727 2024 Financial yearBook value as of 1.1. 13 541 9 188 22 727 Additions 5 658 1 224 6 883 Acquisitions - 2 640 2 640 Disposals - -354 -354 Depreciation, amortization and impairments -4 675 -2 585 -7 261 Book value as of 31.12.2024 14 524 10 113 24 635 Acquisition cost 31.12. 26 130 43 878 70 009 Accumulated depreciation and impairments as of 31.12. -11 606 -33 766 -45 372 Book value as of 31.12.2024 14 524 10 113 24 635 1)Undiscounted lease liabilities and maturity of cash outflows Lease payments 2025 5 669 Lease payments 2026-2027 7 340 Lease payment 2028 --- 3 192 Total undiscounted lease liabilities at 31.12.2024 16 200 1) The lease liability does not included the 5 yr option period for the offices in Syncrolift. When calculating the Right-of-use asset, a discount rate of 6.26% is applied.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLeasesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__91": {
"value": "Note 6 Fixed assets Amounts in NOK 1000Right-of-use Furniture, office- assetequipment, etc. Total2023 Financial yearBook value as of 1.1. 4 409 9 809 14 219 Additions 12 043 1 906 13 949 Disposals - - - Depreciation, amortization and impairments -2 911 -2 528 -5 439 Book value as of 31.12.2023 13 541 9 188 22 727 Acquisition cost 31.12. 20 472 40 368 66 341 Accumulated depreciation and impairments as of 31.12. -6 931 -31 181 -43 611 Book value as of 31.12.2023 13 541 9 188 22 727 2024 Financial yearBook value as of 1.1. 13 541 9 188 22 727 Additions 5 658 1 224 6 883 Acquisitions - 2 640 2 640 Disposals - -354 -354 Depreciation, amortization and impairments -4 675 -2 585 -7 261 Book value as of 31.12.2024 14 524 10 113 24 635 Acquisition cost 31.12. 26 130 43 878 70 009 Accumulated depreciation and impairments as of 31.12. -11 606 -33 766 -45 372 Book value as of 31.12.2024 14 524 10 113 24 635 1)Undiscounted lease liabilities and maturity of cash outflows Lease payments 2025 5 669 Lease payments 2026-2027 7 340 Lease payment 2028 --- 3 192 Total undiscounted lease liabilities at 31.12.2024 16 200 1) The lease liability does not included the 5 yr option period for the offices in Syncrolift. When calculating the Right-of-use asset, a discount rate of 6.26% is applied.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__101": {
"value": "Note 7 Intangible assets and goodwill Amounts in NOK 1000Brand name, Customer patents, Development Technology portfoliolicences etccostsassets Goodwill TotalAs of 31.12.2023Acquisition cost 31.12. - 10,899 47,594 3,300 17,050 78,844 Accumulated depreciation and amortization as of 31.12. - -6,205 -3,786 -1,568 - -11,559 Book value as of 31.12.2023 - 4,694 43,807 1,732 17,050 67,284 2024 Financial yearBook value 1.1. - 4,694 43,807 1,732 17,050 67,284 Additions - - 23,224 - - 23,224 Government grants - - -657 - - -657 Acquisitions 27,700 155 - 89,082 116,937 Depreciation and amortization -923 -665 -2,500 -330 - -4,418 Book value as of 31.12.2024 26,777 4,184 63,875 1,402 106,132 202,370 Useful life (years) 10 years 5-10 years 5-10 years 10 years Infinite As of 31.12.2024Acquisition cost 31.12. 27,700 11,054 70,162 3,300 106,132 218,348 Accumulated depreciation and amortization as of 31.12. -923 -6,870 -6,286 -1,898 - -15,977 Book value as of 31.12.2024 26,777 4,184 63,876 1,402 106,132 202,370 Total capitalised development cost amount to MNOK 23.2 in 2024, allocated across several key projects. MNOK 7.2 is related to the crane series under development in Techano Oceanlift. MNOK 5.3 relates to a SOV package including a gangway and 3D compensated crane. MNOK 3.8 is attributed to Inteliwell and Robotoc driller projects within Intellilift. MNOK 3.2 is invested in the SkyWalker solutions for major componant replacement in offshore wind. In Syncrolift, MNOK 3.2 is capitalised for development of the Flex Trolley, Wire rope system and Flexpad. Total government grants received on these projects amounts to MNOK 0.6 in 2024.Technology assets relates to the acquisitions of Intellilift AS in 2019.Allocation of goodwill and impairment assessmentRecognised goodwill relates to the acquisition of Intellilift which amounts to MNOK 16.6, the Techano Oceanlift acqusition in March 2023 of MNOK 0,4 and the Globetech acquisition in August 2024, totaling to MNOK 89,1, resulting in a combined value of MNOK 106.1 as of 31 December 2024. The goodwill related to Globetech is attributable to the strategic value of the company\u2019s market position, which is well-positioned for growth driven by global trends in ship digitalization and cybersecurity demands. Additionally, the goodwill reflects the value of the highly skilled and experienced workforce, with specialized market insights that support Nekkar ASA\u2019s future growth objectives. The goodwill related to Intellilift and Techano Oceanlift includes the value of employees with special skills and expected synergies with the existing business of Nekkar. These intangible assets do not fulfil the recognition criteria under IAS 38 and are therefore not recognized separately. Reference is made to note 21 Business Combinations.In accordance with IAS 36, goodwill is not amortized, but is tested for impairment at least annually, or when there are indications of impairment. Nekkar performed its annual impairment test in January 2025.Goodwill is tested for impairment by groups of cash generating units (CGU) and Globetech, Intellilift and Techano Oceanlift is assessed as separate CGUs. As of 31 December 2024, the recoverable amount of the CGUs has been determined based on a value in use calculation using cash flow projections from the 2025 budget and a total forecast period of 5 years. The pre-tax discount rate applied to the cash flow projections is 15.7% and the cash flows beyond the five-year period are extrapolated using a 1.5% growth rate. The impairment test indicated that the recoverable amount exceeds the book value of the CGU, hence no impairment is recognised as per 31 December 2024. The value in use is based on several key assumptions and is most sensitive to the following: \u2022 Discount rate (WACC)\u2022 Gross margins\u2022 Growth assumptions in cash flow projections\u2022 Terminal growth rateIf these key assumptions are developing unfavorably it may cause a need for impairment of the recognised goodwill. However, management believes that only a significant change in the assumptions used will lead to an impairment. 2024 2023Goodwill Globetech 89 082 Goodwill Techano Oceanlift 406 406 Goodwill Intellilift 16 644 16 644 Total goodwill 106 132 17 050 Development costsThe Group performed its impairment assessment in January 2025. The recoverable amount has been determined based on a value in use calculation using 5 year cash flow projections. The impairment test indicated that the recoverable amount exceeds book value, hence no impairment is recognised as per 31 December 2024.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGoodwillExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__100": {
"value": "Note 7 Intangible assets and goodwill Amounts in NOK 1000Brand name, Customer patents, Development Technology portfoliolicences etccostsassets Goodwill TotalAs of 31.12.2023Acquisition cost 31.12. - 10,899 47,594 3,300 17,050 78,844 Accumulated depreciation and amortization as of 31.12. - -6,205 -3,786 -1,568 - -11,559 Book value as of 31.12.2023 - 4,694 43,807 1,732 17,050 67,284 2024 Financial yearBook value 1.1. - 4,694 43,807 1,732 17,050 67,284 Additions - - 23,224 - - 23,224 Government grants - - -657 - - -657 Acquisitions 27,700 155 - 89,082 116,937 Depreciation and amortization -923 -665 -2,500 -330 - -4,418 Book value as of 31.12.2024 26,777 4,184 63,875 1,402 106,132 202,370 Useful life (years) 10 years 5-10 years 5-10 years 10 years Infinite As of 31.12.2024Acquisition cost 31.12. 27,700 11,054 70,162 3,300 106,132 218,348 Accumulated depreciation and amortization as of 31.12. -923 -6,870 -6,286 -1,898 - -15,977 Book value as of 31.12.2024 26,777 4,184 63,876 1,402 106,132 202,370 Total capitalised development cost amount to MNOK 23.2 in 2024, allocated across several key projects. MNOK 7.2 is related to the crane series under development in Techano Oceanlift. MNOK 5.3 relates to a SOV package including a gangway and 3D compensated crane. MNOK 3.8 is attributed to Inteliwell and Robotoc driller projects within Intellilift. MNOK 3.2 is invested in the SkyWalker solutions for major componant replacement in offshore wind. In Syncrolift, MNOK 3.2 is capitalised for development of the Flex Trolley, Wire rope system and Flexpad. Total government grants received on these projects amounts to MNOK 0.6 in 2024.Technology assets relates to the acquisitions of Intellilift AS in 2019.Allocation of goodwill and impairment assessmentRecognised goodwill relates to the acquisition of Intellilift which amounts to MNOK 16.6, the Techano Oceanlift acqusition in March 2023 of MNOK 0,4 and the Globetech acquisition in August 2024, totaling to MNOK 89,1, resulting in a combined value of MNOK 106.1 as of 31 December 2024. The goodwill related to Globetech is attributable to the strategic value of the company\u2019s market position, which is well-positioned for growth driven by global trends in ship digitalization and cybersecurity demands. Additionally, the goodwill reflects the value of the highly skilled and experienced workforce, with specialized market insights that support Nekkar ASA\u2019s future growth objectives. The goodwill related to Intellilift and Techano Oceanlift includes the value of employees with special skills and expected synergies with the existing business of Nekkar. These intangible assets do not fulfil the recognition criteria under IAS 38 and are therefore not recognized separately. Reference is made to note 21 Business Combinations.In accordance with IAS 36, goodwill is not amortized, but is tested for impairment at least annually, or when there are indications of impairment. Nekkar performed its annual impairment test in January 2025.Goodwill is tested for impairment by groups of cash generating units (CGU) and Globetech, Intellilift and Techano Oceanlift is assessed as separate CGUs. As of 31 December 2024, the recoverable amount of the CGUs has been determined based on a value in use calculation using cash flow projections from the 2025 budget and a total forecast period of 5 years. The pre-tax discount rate applied to the cash flow projections is 15.7% and the cash flows beyond the five-year period are extrapolated using a 1.5% growth rate. The impairment test indicated that the recoverable amount exceeds the book value of the CGU, hence no impairment is recognised as per 31 December 2024. The value in use is based on several key assumptions and is most sensitive to the following: \u2022 Discount rate (WACC)\u2022 Gross margins\u2022 Growth assumptions in cash flow projections\u2022 Terminal growth rateIf these key assumptions are developing unfavorably it may cause a need for impairment of the recognised goodwill. However, management believes that only a significant change in the assumptions used will lead to an impairment. 2024 2023Goodwill Globetech 89 082 Goodwill Techano Oceanlift 406 406 Goodwill Intellilift 16 644 16 644 Total goodwill 106 132 17 050 Development costsThe Group performed its impairment assessment in January 2025. The recoverable amount has been determined based on a value in use calculation using 5 year cash flow projections. The impairment test indicated that the recoverable amount exceeds book value, hence no impairment is recognised as per 31 December 2024.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__99": {
"value": "Note 7 Intangible assets and goodwill Amounts in NOK 1000Brand name, Customer patents, Development Technology portfoliolicences etccostsassets Goodwill TotalAs of 31.12.2023Acquisition cost 31.12. - 10,899 47,594 3,300 17,050 78,844 Accumulated depreciation and amortization as of 31.12. - -6,205 -3,786 -1,568 - -11,559 Book value as of 31.12.2023 - 4,694 43,807 1,732 17,050 67,284 2024 Financial yearBook value 1.1. - 4,694 43,807 1,732 17,050 67,284 Additions - - 23,224 - - 23,224 Government grants - - -657 - - -657 Acquisitions 27,700 155 - 89,082 116,937 Depreciation and amortization -923 -665 -2,500 -330 - -4,418 Book value as of 31.12.2024 26,777 4,184 63,875 1,402 106,132 202,370 Useful life (years) 10 years 5-10 years 5-10 years 10 years Infinite As of 31.12.2024Acquisition cost 31.12. 27,700 11,054 70,162 3,300 106,132 218,348 Accumulated depreciation and amortization as of 31.12. -923 -6,870 -6,286 -1,898 - -15,977 Book value as of 31.12.2024 26,777 4,184 63,876 1,402 106,132 202,370 Total capitalised development cost amount to MNOK 23.2 in 2024, allocated across several key projects. MNOK 7.2 is related to the crane series under development in Techano Oceanlift. MNOK 5.3 relates to a SOV package including a gangway and 3D compensated crane. MNOK 3.8 is attributed to Inteliwell and Robotoc driller projects within Intellilift. MNOK 3.2 is invested in the SkyWalker solutions for major componant replacement in offshore wind. In Syncrolift, MNOK 3.2 is capitalised for development of the Flex Trolley, Wire rope system and Flexpad. Total government grants received on these projects amounts to MNOK 0.6 in 2024.Technology assets relates to the acquisitions of Intellilift AS in 2019.Allocation of goodwill and impairment assessmentRecognised goodwill relates to the acquisition of Intellilift which amounts to MNOK 16.6, the Techano Oceanlift acqusition in March 2023 of MNOK 0,4 and the Globetech acquisition in August 2024, totaling to MNOK 89,1, resulting in a combined value of MNOK 106.1 as of 31 December 2024. The goodwill related to Globetech is attributable to the strategic value of the company\u2019s market position, which is well-positioned for growth driven by global trends in ship digitalization and cybersecurity demands. Additionally, the goodwill reflects the value of the highly skilled and experienced workforce, with specialized market insights that support Nekkar ASA\u2019s future growth objectives. The goodwill related to Intellilift and Techano Oceanlift includes the value of employees with special skills and expected synergies with the existing business of Nekkar. These intangible assets do not fulfil the recognition criteria under IAS 38 and are therefore not recognized separately. Reference is made to note 21 Business Combinations.In accordance with IAS 36, goodwill is not amortized, but is tested for impairment at least annually, or when there are indications of impairment. Nekkar performed its annual impairment test in January 2025.Goodwill is tested for impairment by groups of cash generating units (CGU) and Globetech, Intellilift and Techano Oceanlift is assessed as separate CGUs. As of 31 December 2024, the recoverable amount of the CGUs has been determined based on a value in use calculation using cash flow projections from the 2025 budget and a total forecast period of 5 years. The pre-tax discount rate applied to the cash flow projections is 15.7% and the cash flows beyond the five-year period are extrapolated using a 1.5% growth rate. The impairment test indicated that the recoverable amount exceeds the book value of the CGU, hence no impairment is recognised as per 31 December 2024. The value in use is based on several key assumptions and is most sensitive to the following: \u2022 Discount rate (WACC)\u2022 Gross margins\u2022 Growth assumptions in cash flow projections\u2022 Terminal growth rateIf these key assumptions are developing unfavorably it may cause a need for impairment of the recognised goodwill. However, management believes that only a significant change in the assumptions used will lead to an impairment. 2024 2023Goodwill Globetech 89 082 Goodwill Techano Oceanlift 406 406 Goodwill Intellilift 16 644 16 644 Total goodwill 106 132 17 050 Development costsThe Group performed its impairment assessment in January 2025. The recoverable amount has been determined based on a value in use calculation using 5 year cash flow projections. The impairment test indicated that the recoverable amount exceeds book value, hence no impairment is recognised as per 31 December 2024.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGovernmentGrantsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__98": {
"value": "Note 7 Intangible assets and goodwill Amounts in NOK 1000Brand name, Customer patents, Development Technology portfoliolicences etccostsassets Goodwill TotalAs of 31.12.2023Acquisition cost 31.12. - 10,899 47,594 3,300 17,050 78,844 Accumulated depreciation and amortization as of 31.12. - -6,205 -3,786 -1,568 - -11,559 Book value as of 31.12.2023 - 4,694 43,807 1,732 17,050 67,284 2024 Financial yearBook value 1.1. - 4,694 43,807 1,732 17,050 67,284 Additions - - 23,224 - - 23,224 Government grants - - -657 - - -657 Acquisitions 27,700 155 - 89,082 116,937 Depreciation and amortization -923 -665 -2,500 -330 - -4,418 Book value as of 31.12.2024 26,777 4,184 63,875 1,402 106,132 202,370 Useful life (years) 10 years 5-10 years 5-10 years 10 years Infinite As of 31.12.2024Acquisition cost 31.12. 27,700 11,054 70,162 3,300 106,132 218,348 Accumulated depreciation and amortization as of 31.12. -923 -6,870 -6,286 -1,898 - -15,977 Book value as of 31.12.2024 26,777 4,184 63,876 1,402 106,132 202,370 Total capitalised development cost amount to MNOK 23.2 in 2024, allocated across several key projects. MNOK 7.2 is related to the crane series under development in Techano Oceanlift. MNOK 5.3 relates to a SOV package including a gangway and 3D compensated crane. MNOK 3.8 is attributed to Inteliwell and Robotoc driller projects within Intellilift. MNOK 3.2 is invested in the SkyWalker solutions for major componant replacement in offshore wind. In Syncrolift, MNOK 3.2 is capitalised for development of the Flex Trolley, Wire rope system and Flexpad. Total government grants received on these projects amounts to MNOK 0.6 in 2024.Technology assets relates to the acquisitions of Intellilift AS in 2019.Allocation of goodwill and impairment assessmentRecognised goodwill relates to the acquisition of Intellilift which amounts to MNOK 16.6, the Techano Oceanlift acqusition in March 2023 of MNOK 0,4 and the Globetech acquisition in August 2024, totaling to MNOK 89,1, resulting in a combined value of MNOK 106.1 as of 31 December 2024. The goodwill related to Globetech is attributable to the strategic value of the company\u2019s market position, which is well-positioned for growth driven by global trends in ship digitalization and cybersecurity demands. Additionally, the goodwill reflects the value of the highly skilled and experienced workforce, with specialized market insights that support Nekkar ASA\u2019s future growth objectives. The goodwill related to Intellilift and Techano Oceanlift includes the value of employees with special skills and expected synergies with the existing business of Nekkar. These intangible assets do not fulfil the recognition criteria under IAS 38 and are therefore not recognized separately. Reference is made to note 21 Business Combinations.In accordance with IAS 36, goodwill is not amortized, but is tested for impairment at least annually, or when there are indications of impairment. Nekkar performed its annual impairment test in January 2025.Goodwill is tested for impairment by groups of cash generating units (CGU) and Globetech, Intellilift and Techano Oceanlift is assessed as separate CGUs. As of 31 December 2024, the recoverable amount of the CGUs has been determined based on a value in use calculation using cash flow projections from the 2025 budget and a total forecast period of 5 years. The pre-tax discount rate applied to the cash flow projections is 15.7% and the cash flows beyond the five-year period are extrapolated using a 1.5% growth rate. The impairment test indicated that the recoverable amount exceeds the book value of the CGU, hence no impairment is recognised as per 31 December 2024. The value in use is based on several key assumptions and is most sensitive to the following: \u2022 Discount rate (WACC)\u2022 Gross margins\u2022 Growth assumptions in cash flow projections\u2022 Terminal growth rateIf these key assumptions are developing unfavorably it may cause a need for impairment of the recognised goodwill. However, management believes that only a significant change in the assumptions used will lead to an impairment. 2024 2023Goodwill Globetech 89 082 Goodwill Techano Oceanlift 406 406 Goodwill Intellilift 16 644 16 644 Total goodwill 106 132 17 050 Development costsThe Group performed its impairment assessment in January 2025. The recoverable amount has been determined based on a value in use calculation using 5 year cash flow projections. The impairment test indicated that the recoverable amount exceeds book value, hence no impairment is recognised as per 31 December 2024.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfResearchAndDevelopmentExpenseExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__97": {
"value": "Note 7 Intangible assets and goodwill Amounts in NOK 1000Brand name, Customer patents, Development Technology portfoliolicences etccostsassets Goodwill TotalAs of 31.12.2023Acquisition cost 31.12. - 10,899 47,594 3,300 17,050 78,844 Accumulated depreciation and amortization as of 31.12. - -6,205 -3,786 -1,568 - -11,559 Book value as of 31.12.2023 - 4,694 43,807 1,732 17,050 67,284 2024 Financial yearBook value 1.1. - 4,694 43,807 1,732 17,050 67,284 Additions - - 23,224 - - 23,224 Government grants - - -657 - - -657 Acquisitions 27,700 155 - 89,082 116,937 Depreciation and amortization -923 -665 -2,500 -330 - -4,418 Book value as of 31.12.2024 26,777 4,184 63,875 1,402 106,132 202,370 Useful life (years) 10 years 5-10 years 5-10 years 10 years Infinite As of 31.12.2024Acquisition cost 31.12. 27,700 11,054 70,162 3,300 106,132 218,348 Accumulated depreciation and amortization as of 31.12. -923 -6,870 -6,286 -1,898 - -15,977 Book value as of 31.12.2024 26,777 4,184 63,876 1,402 106,132 202,370 Total capitalised development cost amount to MNOK 23.2 in 2024, allocated across several key projects. MNOK 7.2 is related to the crane series under development in Techano Oceanlift. MNOK 5.3 relates to a SOV package including a gangway and 3D compensated crane. MNOK 3.8 is attributed to Inteliwell and Robotoc driller projects within Intellilift. MNOK 3.2 is invested in the SkyWalker solutions for major componant replacement in offshore wind. In Syncrolift, MNOK 3.2 is capitalised for development of the Flex Trolley, Wire rope system and Flexpad. Total government grants received on these projects amounts to MNOK 0.6 in 2024.Technology assets relates to the acquisitions of Intellilift AS in 2019.Allocation of goodwill and impairment assessmentRecognised goodwill relates to the acquisition of Intellilift which amounts to MNOK 16.6, the Techano Oceanlift acqusition in March 2023 of MNOK 0,4 and the Globetech acquisition in August 2024, totaling to MNOK 89,1, resulting in a combined value of MNOK 106.1 as of 31 December 2024. The goodwill related to Globetech is attributable to the strategic value of the company\u2019s market position, which is well-positioned for growth driven by global trends in ship digitalization and cybersecurity demands. Additionally, the goodwill reflects the value of the highly skilled and experienced workforce, with specialized market insights that support Nekkar ASA\u2019s future growth objectives. The goodwill related to Intellilift and Techano Oceanlift includes the value of employees with special skills and expected synergies with the existing business of Nekkar. These intangible assets do not fulfil the recognition criteria under IAS 38 and are therefore not recognized separately. Reference is made to note 21 Business Combinations.In accordance with IAS 36, goodwill is not amortized, but is tested for impairment at least annually, or when there are indications of impairment. Nekkar performed its annual impairment test in January 2025.Goodwill is tested for impairment by groups of cash generating units (CGU) and Globetech, Intellilift and Techano Oceanlift is assessed as separate CGUs. As of 31 December 2024, the recoverable amount of the CGUs has been determined based on a value in use calculation using cash flow projections from the 2025 budget and a total forecast period of 5 years. The pre-tax discount rate applied to the cash flow projections is 15.7% and the cash flows beyond the five-year period are extrapolated using a 1.5% growth rate. The impairment test indicated that the recoverable amount exceeds the book value of the CGU, hence no impairment is recognised as per 31 December 2024. The value in use is based on several key assumptions and is most sensitive to the following: \u2022 Discount rate (WACC)\u2022 Gross margins\u2022 Growth assumptions in cash flow projections\u2022 Terminal growth rateIf these key assumptions are developing unfavorably it may cause a need for impairment of the recognised goodwill. However, management believes that only a significant change in the assumptions used will lead to an impairment. 2024 2023Goodwill Globetech 89 082 Goodwill Techano Oceanlift 406 406 Goodwill Intellilift 16 644 16 644 Total goodwill 106 132 17 050 Development costsThe Group performed its impairment assessment in January 2025. The recoverable amount has been determined based on a value in use calculation using 5 year cash flow projections. The impairment test indicated that the recoverable amount exceeds book value, hence no impairment is recognised as per 31 December 2024.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__108": {
"value": "Note 8 SubsidiariesThe following subsidiaries are basis for the consolidated accounts 31.12.24:Acquisition Voting Local Functional Share capital Subsidiary of Nekkar ASA Registered officeyear Ownershipsharecurrencycurrencyin local currencySyncrolift AS Vestby Norway 1994 100% 100% NOK NOK 1 045 000 Nekkar Invest AS Kristiansand Norway 2018 100% 100% NOK NOK 60 000 Nekkar SkyWalker Onshore AS Kristiansand Norway 2022 100% 100% NOK NOK 30 000 Techano Oceanlift AS Kristiansand Norway 2023 90% 90% NOK NOK 505 051 Globetech AS Kristiansand Norway 2024 67% 67% NOK NOK 663 790 Acquisition Voting Local Functional Share capital Subsidiary of Syncrolift AS Registered officeyear Ownershipsharecurrencycurrencyin local currencySyncrolift Inc USA 2019 100% 100% USD USD - Syncrolift South East Asia Singapore 2019 100% 100% SGD SGD - Syncrolift Private Ltd India 2023 80% 80% INR INR 5 000 000 Syncrolift Australia PTY LTD Australia 2023 100% 100% AUD AUD - Acquisition Voting Local Functional Share capital Subsidiary of Nekkar Invest AS Registered officeyear Ownershipsharecurrencycurrencyin local currencyIntellilift AS Kristiansand Norway 2019 51% 51% NOK NOK 101 321 Acquisition Owner-Voting Local Functional Share capital 1)shareSubsidiary of Intellilift AS Registered officeyearshipcurrencycurrencyin local currencyIntellirob AS Kristiansand Norway 2019 100% 100% NOK NOK 30 000 1) Represents Intellilift AS\u2019 share.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSignificantInvestmentsInAssociatesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__107": {
"value": "Note 8 SubsidiariesThe following subsidiaries are basis for the consolidated accounts 31.12.24:Acquisition Voting Local Functional Share capital Subsidiary of Nekkar ASA Registered officeyear Ownershipsharecurrencycurrencyin local currencySyncrolift AS Vestby Norway 1994 100% 100% NOK NOK 1 045 000 Nekkar Invest AS Kristiansand Norway 2018 100% 100% NOK NOK 60 000 Nekkar SkyWalker Onshore AS Kristiansand Norway 2022 100% 100% NOK NOK 30 000 Techano Oceanlift AS Kristiansand Norway 2023 90% 90% NOK NOK 505 051 Globetech AS Kristiansand Norway 2024 67% 67% NOK NOK 663 790 Acquisition Voting Local Functional Share capital Subsidiary of Syncrolift AS Registered officeyear Ownershipsharecurrencycurrencyin local currencySyncrolift Inc USA 2019 100% 100% USD USD - Syncrolift South East Asia Singapore 2019 100% 100% SGD SGD - Syncrolift Private Ltd India 2023 80% 80% INR INR 5 000 000 Syncrolift Australia PTY LTD Australia 2023 100% 100% AUD AUD - Acquisition Voting Local Functional Share capital Subsidiary of Nekkar Invest AS Registered officeyear Ownershipsharecurrencycurrencyin local currencyIntellilift AS Kristiansand Norway 2019 51% 51% NOK NOK 101 321 Acquisition Owner-Voting Local Functional Share capital 1)shareSubsidiary of Intellilift AS Registered officeyearshipcurrencycurrencyin local currencyIntellirob AS Kristiansand Norway 2019 100% 100% NOK NOK 30 000 1) Represents Intellilift AS\u2019 share.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfJointVenturesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__106": {
"value": "Note 8 SubsidiariesThe following subsidiaries are basis for the consolidated accounts 31.12.24:Acquisition Voting Local Functional Share capital Subsidiary of Nekkar ASA Registered officeyear Ownershipsharecurrencycurrencyin local currencySyncrolift AS Vestby Norway 1994 100% 100% NOK NOK 1 045 000 Nekkar Invest AS Kristiansand Norway 2018 100% 100% NOK NOK 60 000 Nekkar SkyWalker Onshore AS Kristiansand Norway 2022 100% 100% NOK NOK 30 000 Techano Oceanlift AS Kristiansand Norway 2023 90% 90% NOK NOK 505 051 Globetech AS Kristiansand Norway 2024 67% 67% NOK NOK 663 790 Acquisition Voting Local Functional Share capital Subsidiary of Syncrolift AS Registered officeyear Ownershipsharecurrencycurrencyin local currencySyncrolift Inc USA 2019 100% 100% USD USD - Syncrolift South East Asia Singapore 2019 100% 100% SGD SGD - Syncrolift Private Ltd India 2023 80% 80% INR INR 5 000 000 Syncrolift Australia PTY LTD Australia 2023 100% 100% AUD AUD - Acquisition Voting Local Functional Share capital Subsidiary of Nekkar Invest AS Registered officeyear Ownershipsharecurrencycurrencyin local currencyIntellilift AS Kristiansand Norway 2019 51% 51% NOK NOK 101 321 Acquisition Owner-Voting Local Functional Share capital 1)shareSubsidiary of Intellilift AS Registered officeyearshipcurrencycurrencyin local currencyIntellirob AS Kristiansand Norway 2019 100% 100% NOK NOK 30 000 1) Represents Intellilift AS\u2019 share.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__113": {
"value": "Note 9 Trade and other receivables Amounts in NOK 1000Trade receivables 2024 2023Trade receivables 174 852 104 841Loss provisions -23 033 -19 571Net trade receivables 151 819 85 270 Trade receivables (gross) per currency: 2024 2023EUR 57 236 21 044USD 99 300 69 673NOK 15 486 12 806SGD 2 831 1 317Total 174 852 104 841 For additional information on accounts receivables and associated risks, see Accounting Principles and sections 2.8, 3.1 and 4 and Note 19.Other short-term receivables 2024 2023VAT 285 2 239 Prepayments 6 947 2 543 Other receivables 7 177 1 604 Sum other short-term receivables 14 410 6 387 For accrued, not invoiced revenue, see Note 2 RevenueFor receivables relating to derivatives and hedge accounting, see Note 17 Derivatives",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherAssetsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__112": {
"value": "Note 9 Trade and other receivables Amounts in NOK 1000Trade receivables 2024 2023Trade receivables 174 852 104 841Loss provisions -23 033 -19 571Net trade receivables 151 819 85 270 Trade receivables (gross) per currency: 2024 2023EUR 57 236 21 044USD 99 300 69 673NOK 15 486 12 806SGD 2 831 1 317Total 174 852 104 841 For additional information on accounts receivables and associated risks, see Accounting Principles and sections 2.8, 3.1 and 4 and Note 19.Other short-term receivables 2024 2023VAT 285 2 239 Prepayments 6 947 2 543 Other receivables 7 177 1 604 Sum other short-term receivables 14 410 6 387 For accrued, not invoiced revenue, see Note 2 RevenueFor receivables relating to derivatives and hedge accounting, see Note 17 Derivatives",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherCurrentAssetsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__111": {
"value": "Note 9 Trade and other receivables Amounts in NOK 1000Trade receivables 2024 2023Trade receivables 174 852 104 841Loss provisions -23 033 -19 571Net trade receivables 151 819 85 270 Trade receivables (gross) per currency: 2024 2023EUR 57 236 21 044USD 99 300 69 673NOK 15 486 12 806SGD 2 831 1 317Total 174 852 104 841 For additional information on accounts receivables and associated risks, see Accounting Principles and sections 2.8, 3.1 and 4 and Note 19.Other short-term receivables 2024 2023VAT 285 2 239 Prepayments 6 947 2 543 Other receivables 7 177 1 604 Sum other short-term receivables 14 410 6 387 For accrued, not invoiced revenue, see Note 2 RevenueFor receivables relating to derivatives and hedge accounting, see Note 17 Derivatives",
"dimensions": {
"concept": "ifrs-full:DisclosureOfPrepaymentsAndOtherAssetsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__110": {
"value": "Note 9 Trade and other receivables Amounts in NOK 1000Trade receivables 2024 2023Trade receivables 174 852 104 841Loss provisions -23 033 -19 571Net trade receivables 151 819 85 270 Trade receivables (gross) per currency: 2024 2023EUR 57 236 21 044USD 99 300 69 673NOK 15 486 12 806SGD 2 831 1 317Total 174 852 104 841 For additional information on accounts receivables and associated risks, see Accounting Principles and sections 2.8, 3.1 and 4 and Note 19.Other short-term receivables 2024 2023VAT 285 2 239 Prepayments 6 947 2 543 Other receivables 7 177 1 604 Sum other short-term receivables 14 410 6 387 For accrued, not invoiced revenue, see Note 2 RevenueFor receivables relating to derivatives and hedge accounting, see Note 17 Derivatives",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAllowanceForCreditLossesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__109": {
"value": "Note 9 Trade and other receivables Amounts in NOK 1000Trade receivables 2024 2023Trade receivables 174 852 104 841Loss provisions -23 033 -19 571Net trade receivables 151 819 85 270 Trade receivables (gross) per currency: 2024 2023EUR 57 236 21 044USD 99 300 69 673NOK 15 486 12 806SGD 2 831 1 317Total 174 852 104 841 For additional information on accounts receivables and associated risks, see Accounting Principles and sections 2.8, 3.1 and 4 and Note 19.Other short-term receivables 2024 2023VAT 285 2 239 Prepayments 6 947 2 543 Other receivables 7 177 1 604 Sum other short-term receivables 14 410 6 387 For accrued, not invoiced revenue, see Note 2 RevenueFor receivables relating to derivatives and hedge accounting, see Note 17 Derivatives",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__114": {
"value": "Note 10 Equity accounted investments Amounts in NOK 1000Equity-accounted investments include associated companies of Nekkar and are defined as related parties.Associated companies are entities where the Group has significant influence, but not control. Significant influence is assumed to exist when the Group has between 20 percent to 50 percent of the voting rights in a company. Set out below is the associated company owned by the group per 31.12.2024.Affiliated comapany of Nekkar ASA Registered office Acquisition year Ownership Voting shareFiizk Topco AS Trondheim, Norway 2024 39% 39%Equity accounted investments Fiizk Topco AS TotalOpening balance 1.1.2024 46 681 46 681 Share of profit/loss 34 451 34 451 1)Closing balance 31.12.2024 81 132 81 132 1) Included in the balance sheet as of 31.12.2024 is goodwill of NOK 29,6 million.FiiZK is the market\u2019s leading supplier of large-scale closed cage systems for post-smolt production at sea. Since 2014, FiiZK has delivered over 20 closed containment systems\u2014by far the most in the world\u2014to aquaculture customers in Norway and internationally. In 2024, FiiZK divested FiiZK Digital and FiiZK Protection, completing the restructuring and streamlining process initiated in 2023. Moving forward, FiiZK will focus on innovative aquaculture solutions, including closed and semi-closed cage systems for fish farming, along with associated software, maintenance, and services. As part of the Shareholder Agreement for FiiZK Topco AS, Nekkar has a right, but no obligation, to acquire all the shares in FiiZK Topco AS from the other shareholders. The call option may be exercised from 14-28 June 2024, and may be postponed yearly, whereby 14-28 June 2026 shall be the last possible Exercise Period. The purchase price shall be determined as the fair value at the time the call option is exercisedFiizk Topco AS Dec 2024 Non-current assets 106 023 Current assets 89 753 Non-current liabilities 19 021 Current liabilities 62 532 Net assets 114 222 Revenue from sales 158 571 Other revenue 110 316 Net profit for the year 84 792 The table above shows figures that appear in the financial statements of FiiZK Topco AS. Only minor adjustments have been made to the numbers for IFRS purposes in Nekkar\u2019s group reporting.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__116": {
"value": "Note 11 Assets pledged as security and guarantees Amounts in NOK 1000Nekkar ASA has no interest bearing debt, however certain facilities with Nordea Norge ASA are established. Nekkar has the following credit facilities through its facilitators:2024 2023Limit Drawn Limit DrawnGuarantee limit for Group (Nordea) 290 000 283 968 290 000 164 363 Overdraft facility (Nordea) 100 000 - 100 000 - Revolving Credit facility (Nordea) 100 000 - 100 000 - The finance agreements include pledges of plant and machinery, inventory and accounts receivables in Nekkar ASA and Syncrolift AS. The guarantee limit is utilized by Syncrolift AS, Techano Oceanlift AS and Intellilift AS and cover payment guarantee, performance bonds, advance payment bonds and tax guarantees.Under the credit facilities the financial covenants are a debt ratio based on net debt/EBITDA and an equity ratio based on equity/total assets.\u2022 The company\u2019s debt ratio shall not exceed 2,5 times the EBITDA and is calculated from the consolidated total interest bearing debt to the consolidated EBITDA.\u2022 Equity ratio shall not be lower than 35 %, calculated from the consolidated total equity to consolidated total assets.The covenants also include a term related to Nekkar maintaining its 100 % ownership in Syncrolift AS. The covenants are monitored on a regular basis to ensure compliance with the credit agreements which are tested and reported on a quarterly basis. Nekkar was in compliance with its covenants as of December 31, 2024.For the above mentioned facilities the following assets have been pledged as collateral to Nordea: Assets pledged as collateral for secured debt: 2024 2023Account/Group receivables 139 979 77 588 Inventory/Work in progress, including non-invoiced production 73 659 151 706 Property, plant and equipment 8 214 9 068 Assets pledged as collateral * 221 853 238 362 * Assets pledged as collateral includes Nekkar ASA andSyncrolift AS. The pledged assets are presented in the balance sheet under the differenct categories. In addition, investments in subsidiaries and intercompany balances and loans are eliminated in the group accounts.A MNOK 20 bank deposit in DnB is in addition restricted and serves as collateral for derivative facilities with DnB.Nekkar has provided the following self-guarantees on behalf of wholly owned subsidiaries and related parties as of December 31.2024 2023Self-guarantees related to the framework agreement with Tryg on behalf of FiiZK Topco AS 107 514 0",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBorrowingsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__115": {
"value": "Note 11 Assets pledged as security and guarantees Amounts in NOK 1000Nekkar ASA has no interest bearing debt, however certain facilities with Nordea Norge ASA are established. Nekkar has the following credit facilities through its facilitators:2024 2023Limit Drawn Limit DrawnGuarantee limit for Group (Nordea) 290 000 283 968 290 000 164 363 Overdraft facility (Nordea) 100 000 - 100 000 - Revolving Credit facility (Nordea) 100 000 - 100 000 - The finance agreements include pledges of plant and machinery, inventory and accounts receivables in Nekkar ASA and Syncrolift AS. The guarantee limit is utilized by Syncrolift AS, Techano Oceanlift AS and Intellilift AS and cover payment guarantee, performance bonds, advance payment bonds and tax guarantees.Under the credit facilities the financial covenants are a debt ratio based on net debt/EBITDA and an equity ratio based on equity/total assets.\u2022 The company\u2019s debt ratio shall not exceed 2,5 times the EBITDA and is calculated from the consolidated total interest bearing debt to the consolidated EBITDA.\u2022 Equity ratio shall not be lower than 35 %, calculated from the consolidated total equity to consolidated total assets.The covenants also include a term related to Nekkar maintaining its 100 % ownership in Syncrolift AS. The covenants are monitored on a regular basis to ensure compliance with the credit agreements which are tested and reported on a quarterly basis. Nekkar was in compliance with its covenants as of December 31, 2024.For the above mentioned facilities the following assets have been pledged as collateral to Nordea: Assets pledged as collateral for secured debt: 2024 2023Account/Group receivables 139 979 77 588 Inventory/Work in progress, including non-invoiced production 73 659 151 706 Property, plant and equipment 8 214 9 068 Assets pledged as collateral * 221 853 238 362 * Assets pledged as collateral includes Nekkar ASA andSyncrolift AS. The pledged assets are presented in the balance sheet under the differenct categories. In addition, investments in subsidiaries and intercompany balances and loans are eliminated in the group accounts.A MNOK 20 bank deposit in DnB is in addition restricted and serves as collateral for derivative facilities with DnB.Nekkar has provided the following self-guarantees on behalf of wholly owned subsidiaries and related parties as of December 31.2024 2023Self-guarantees related to the framework agreement with Tryg on behalf of FiiZK Topco AS 107 514 0",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCollateralExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__118": {
"value": "Note 12 Share capital and shareholder information Amounts in NOKDate Number of shares Nominal value Share capital31.12.2024 107 427 112 0.11 11 817 31.12.2023 107 427 112 0.11 11 817 There were no changes in share capital in 2024. In 2023 there was an increase in share capital of NOK 71 146 and an increase in share premium of NOK 3 287 354. The capital increase was related to a share purchase program where 646 778 shares were issued.Dividends paid and proposed: 2024 2023Dividend declared and paid during the year: per share - -Dividend proposed: per share - -Repayment of issued equity: NOK per share - -Share capital Treasury shares: Number of sharesTreasury shares as of 01.01.2023 6 632 1(NOK 1 000)Purchase/(sale) of treasury shares 2023 1 392 333 153Purchase of treasury shares 2024 4 804 327 528Treasury shares as of 31.12.2023 1 398 965 154Use of treasury shares employee share program -685 211 -75Use of treasury shares in the Globetech acquisition -1 482 550 -163Treasury shares as of 31.12.2024 4 035 531 444The share buy-back program is executed in accordance with the authorization granted to the Board of Directors by the Annual General Meeting of Nekkar held on May 30, 2024. The program will be used for corporate purposes in accordance with the above-mentioned authorization. Nekkar currently holds 4,035,531 of its own shares, representing 3.8 percent of the company\u2019s total shares. The total transaction value for the purchased treasury shares in 2024 amounted to NOK 48.8 million4)Principal shareholders of Nekkar ASA as of 31.12.2024: Number of shares Ownership Voting shareShareholder1, 2, 3)Skeie Teknologi AS 31 475 823 29.3% 30.4%Nordnet Pensionsf\u00f6rs\u00e4kring AB 5 326 408 5.0% 5.2%Mp Pensjon Pk 5 037 753 4.7% 4.9%Tigerstaden AS 5 000 000 4.7% 4.8%Nekkar ASA 4 035 531 3.8% -Hatle AS 3 492 567 3.3% 3.4%Avanza Pension 2 560 865 2.4% 2.5%Seb Cmu/Secfin Pooled Account 1 999 628 1.9% 1.9%Banco Inversis SA 1 831 755 1.7% 1.8%Skeie Consultants AS 1 507 243 1.4% 1.5%Alandsbanken Nordiska Smabolag Placeringsfond 1 500 000 1.4% 1.5%Itlution AS 1 475 261 1.4% 1.4%Dyvi Invest AS 1 225 000 1.1% 1.2%Skeie Kappa Invest AS 1 204 828 1.1% 1.2%Patronia AS 1 127 429 1.0% 1.1%Wieco Invest AS 939 047 0.9% 0.9%Vinterstua AS 922 628 0.9% 0.9%Lars\u00e9n Martin Olof Brage *Isk* 785 480 0.7% 0.8%Ubs Switzerland Ag (Ex Cs Ch Ag) Projekt Ssm 750 000 0.7% 0.7%J\u00e6deren AS 710 411 0.7% 0.7%Total, 20 largest shareholders 72 907 657 67.9% 66.6%own shares 4 035 531 3.8% 0.0%Total other 34 519 455 32.1% 33.4%Total 107 427 112 100.0% 100.0%1) Shares owned or controlled by the Skeie family, and companies directly or indirectly controlled by them, holds 34 739 461 shares representing 32,3% of total shares. 2) Shares owned or controlled by Bjarne Skeie, and companies directly or indirectly controlled by him, holds 1 507 243 shares representing 1,4% of total shares. 3) Trym Skeie holds 513 287 shares in person and 1 204 828 through Skeie Kappa Invest AS. Total shares owned or controlled by Trym Skeie, and companies directly or indirectly controlled by him, is 1 718 115, representning 1,6% of total shares . 4) Voting portion are calculated after eliminating shares held by Nekkar ASA Shares, share options and convertion rights owned or controlled by Board members, Group executives and their relatives:Shares31.12.2024 31.12.2023 31.12.2022BoardMarit Solberg 150 804 127 140 96 809 1)Lars Carl Fabian Qvist 543 435Group Executives2)Ole Falk Hansen 338 361 296 601 200 311 Marianne Voreland Ottosen 61 018 19258Rolf-Atle Tomassen 17 223 3 303 3 303 3)Petter Br\u00f8vig 106 034 96 290Mette Harv 284 791 249 991 198 765 1) Lars Carl Fabian Qvist holds 543 435 shares through Qvist Holding AS. He also holds 1 805 830 shares through related companies2) Ole Falk Hansen holds 296 601 shares through OFH Invest AS3) Petter Br\u00f8vig holds 96 290 shares through Pimlico AS30 May 2024, the Annual General Meeting adopted a resolution to give the Board general authority to issue a maximum of 21 485 422 shares against cash or non-monetary redemption, including merger related activities to acquisitions of business or assets within the same or corresponding business sector as the company. This authorization is valid until the next Annual General Meeting and latest on 30 June 2025. No shares have been issued on the basis of this authorization in 2024. 30 May 2024, the Annual General Meeting adopted a resolution to give the Board authority to issue a maximum of 2 820 058 shares against cash redemption for the benefit of the company\u2019s executive management and board members. This authorization is valid until the next Annual General Meeting and latest on 30 June 2025.30 May 2024, the Annual General Meeting adopted a resolution to give the Board authority to buy own shares of up to 10% of the face value of the share capital of the company. The board decides aquisition method, at a price between 1 to 25 NOK. This authorization is valid until the next Annual General Meeting and latest on 30 June 2025. Under this authorization, 3,340,370 shares were repurchased in 2024, at a total cost of NOK 34,137,956. Additionally, before the 2024 General Meeting, Nekkar repurchased 1,500,110 shares under the previous authorization (which expired on May 30, 2024) for a total of NOK 14,641,044. In total, Nekkar ASA has repurchased 4,840,480 shares, amounting to NOK 48,779,000.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__117": {
"value": "Note 12 Share capital and shareholder information Amounts in NOKDate Number of shares Nominal value Share capital31.12.2024 107 427 112 0.11 11 817 31.12.2023 107 427 112 0.11 11 817 There were no changes in share capital in 2024. In 2023 there was an increase in share capital of NOK 71 146 and an increase in share premium of NOK 3 287 354. The capital increase was related to a share purchase program where 646 778 shares were issued.Dividends paid and proposed: 2024 2023Dividend declared and paid during the year: per share - -Dividend proposed: per share - -Repayment of issued equity: NOK per share - -Share capital Treasury shares: Number of sharesTreasury shares as of 01.01.2023 6 632 1(NOK 1 000)Purchase/(sale) of treasury shares 2023 1 392 333 153Purchase of treasury shares 2024 4 804 327 528Treasury shares as of 31.12.2023 1 398 965 154Use of treasury shares employee share program -685 211 -75Use of treasury shares in the Globetech acquisition -1 482 550 -163Treasury shares as of 31.12.2024 4 035 531 444The share buy-back program is executed in accordance with the authorization granted to the Board of Directors by the Annual General Meeting of Nekkar held on May 30, 2024. The program will be used for corporate purposes in accordance with the above-mentioned authorization. Nekkar currently holds 4,035,531 of its own shares, representing 3.8 percent of the company\u2019s total shares. The total transaction value for the purchased treasury shares in 2024 amounted to NOK 48.8 million4)Principal shareholders of Nekkar ASA as of 31.12.2024: Number of shares Ownership Voting shareShareholder1, 2, 3)Skeie Teknologi AS 31 475 823 29.3% 30.4%Nordnet Pensionsf\u00f6rs\u00e4kring AB 5 326 408 5.0% 5.2%Mp Pensjon Pk 5 037 753 4.7% 4.9%Tigerstaden AS 5 000 000 4.7% 4.8%Nekkar ASA 4 035 531 3.8% -Hatle AS 3 492 567 3.3% 3.4%Avanza Pension 2 560 865 2.4% 2.5%Seb Cmu/Secfin Pooled Account 1 999 628 1.9% 1.9%Banco Inversis SA 1 831 755 1.7% 1.8%Skeie Consultants AS 1 507 243 1.4% 1.5%Alandsbanken Nordiska Smabolag Placeringsfond 1 500 000 1.4% 1.5%Itlution AS 1 475 261 1.4% 1.4%Dyvi Invest AS 1 225 000 1.1% 1.2%Skeie Kappa Invest AS 1 204 828 1.1% 1.2%Patronia AS 1 127 429 1.0% 1.1%Wieco Invest AS 939 047 0.9% 0.9%Vinterstua AS 922 628 0.9% 0.9%Lars\u00e9n Martin Olof Brage *Isk* 785 480 0.7% 0.8%Ubs Switzerland Ag (Ex Cs Ch Ag) Projekt Ssm 750 000 0.7% 0.7%J\u00e6deren AS 710 411 0.7% 0.7%Total, 20 largest shareholders 72 907 657 67.9% 66.6%own shares 4 035 531 3.8% 0.0%Total other 34 519 455 32.1% 33.4%Total 107 427 112 100.0% 100.0%1) Shares owned or controlled by the Skeie family, and companies directly or indirectly controlled by them, holds 34 739 461 shares representing 32,3% of total shares. 2) Shares owned or controlled by Bjarne Skeie, and companies directly or indirectly controlled by him, holds 1 507 243 shares representing 1,4% of total shares. 3) Trym Skeie holds 513 287 shares in person and 1 204 828 through Skeie Kappa Invest AS. Total shares owned or controlled by Trym Skeie, and companies directly or indirectly controlled by him, is 1 718 115, representning 1,6% of total shares . 4) Voting portion are calculated after eliminating shares held by Nekkar ASA Shares, share options and convertion rights owned or controlled by Board members, Group executives and their relatives:Shares31.12.2024 31.12.2023 31.12.2022BoardMarit Solberg 150 804 127 140 96 809 1)Lars Carl Fabian Qvist 543 435Group Executives2)Ole Falk Hansen 338 361 296 601 200 311 Marianne Voreland Ottosen 61 018 19258Rolf-Atle Tomassen 17 223 3 303 3 303 3)Petter Br\u00f8vig 106 034 96 290Mette Harv 284 791 249 991 198 765 1) Lars Carl Fabian Qvist holds 543 435 shares through Qvist Holding AS. He also holds 1 805 830 shares through related companies2) Ole Falk Hansen holds 296 601 shares through OFH Invest AS3) Petter Br\u00f8vig holds 96 290 shares through Pimlico AS30 May 2024, the Annual General Meeting adopted a resolution to give the Board general authority to issue a maximum of 21 485 422 shares against cash or non-monetary redemption, including merger related activities to acquisitions of business or assets within the same or corresponding business sector as the company. This authorization is valid until the next Annual General Meeting and latest on 30 June 2025. No shares have been issued on the basis of this authorization in 2024. 30 May 2024, the Annual General Meeting adopted a resolution to give the Board authority to issue a maximum of 2 820 058 shares against cash redemption for the benefit of the company\u2019s executive management and board members. This authorization is valid until the next Annual General Meeting and latest on 30 June 2025.30 May 2024, the Annual General Meeting adopted a resolution to give the Board authority to buy own shares of up to 10% of the face value of the share capital of the company. The board decides aquisition method, at a price between 1 to 25 NOK. This authorization is valid until the next Annual General Meeting and latest on 30 June 2025. Under this authorization, 3,340,370 shares were repurchased in 2024, at a total cost of NOK 34,137,956. Additionally, before the 2024 General Meeting, Nekkar repurchased 1,500,110 shares under the previous authorization (which expired on May 30, 2024) for a total of NOK 14,641,044. In total, Nekkar ASA has repurchased 4,840,480 shares, amounting to NOK 48,779,000.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__120": {
"value": "Dividends paid and proposed: 2024 2023Dividend declared and paid during the year: per share - -Dividend proposed: per share - -Repayment of issued equity: NOK per share - -",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDividendsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__119": {
"value": "Share capital Treasury shares: Number of sharesTreasury shares as of 01.01.2023 6 632 1(NOK 1 000)Purchase/(sale) of treasury shares 2023 1 392 333 153Purchase of treasury shares 2024 4 804 327 528Treasury shares as of 31.12.2023 1 398 965 154Use of treasury shares employee share program -685 211 -75Use of treasury shares in the Globetech acquisition -1 482 550 -163Treasury shares as of 31.12.2024 4 035 531 444",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTreasurySharesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__121": {
"value": "Shares, share options and convertion rights owned or controlled by Board members, Group executives and their relatives:Shares31.12.2024 31.12.2023 31.12.2022BoardMarit Solberg 150 804 127 140 96 809 1)Lars Carl Fabian Qvist 543 435Group Executives2)Ole Falk Hansen 338 361 296 601 200 311 Marianne Voreland Ottosen 61 018 19258Rolf-Atle Tomassen 17 223 3 303 3 303 3)Petter Br\u00f8vig 106 034 96 290Mette Harv 284 791 249 991 198 765 1) Lars Carl Fabian Qvist holds 543 435 shares through Qvist Holding AS. He also holds 1 805 830 shares through related companies2) Ole Falk Hansen holds 296 601 shares through OFH Invest AS3) Petter Br\u00f8vig holds 96 290 shares through Pimlico AS30 May 2024, the Annual General Meeting adopted a resolution to give the Board general authority to issue a maximum of 21 485 422 shares against cash or non-monetary redemption, including merger related activities to acquisitions of business or assets within the same or corresponding business sector as the company. This authorization is valid until the next Annual General Meeting and latest on 30 June 2025. No shares have been issued on the basis of this authorization in 2024. 30 May 2024, the Annual General Meeting adopted a resolution to give the Board authority to issue a maximum of 2 820 058 shares against cash redemption for the benefit of the company\u2019s executive management and board members. This authorization is valid until the next Annual General Meeting and latest on 30 June 2025.30 May 2024, the Annual General Meeting adopted a resolution to give the Board authority to buy own shares of up to 10% of the face value of the share capital of the company. The board decides aquisition method, at a price between 1 to 25 NOK. This authorization is valid until the next Annual General Meeting and latest on 30 June 2025. Under this authorization, 3,340,370 shares were repurchased in 2024, at a total cost of NOK 34,137,956. Additionally, before the 2024 General Meeting, Nekkar repurchased 1,500,110 shares under the previous authorization (which expired on May 30, 2024) for a total of NOK 14,641,044. In total, Nekkar ASA has repurchased 4,840,480 shares, amounting to NOK 48,779,000.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__124": {
"value": "Note 13 Tax Amounts in NOK 1000\u201cDeferred tax assets related to losses which can be carried forward for tax purposes, are reported if the management believes it is likely that the company can use these against expected taxable income for the upcoming five years. Tax asset of MNOK 0.2 (2023: MNOK 0) have been recognised as per 31 December 2024. Intellilift AS and Globetech AS, which is held 51% and 67% respectively by Nekkar ASA, is not part of the Norwegian tax group.The following criteria have been applied to assess the likelihood of taxable income against which unused tax losses may be utilized: \u2022 the Group has sufficient temporary differences\u2022 the entities is expected to have taxable profits. Tax losses carried forward do not expire within the Norwegian tax system. \u2022 tax losses are induced by specific identifiable causes\u2022 the Group do not carry any uncertainty over income tax treatmentsDeferred tax liabilities and deferred tax assets are netted if the Group has a legal right to offset deferred tax assets against deferred taxes in the balance sheet, and if the deferred taxes are owed to the same tax authorities.Income tax expense: 2024 2023Payable tax on profit 2 169 1 512 *)Change in deferred tax11 751 24 443 Tax expense on continued operations 13 920 25 955 Reconciliation of the effective tax rate 2024 2023Profit before tax 99 791 109 264 Expected income tax according to income tax rate in Norway (22%) 21 954 24 038 Permanent differences -7 187 550 Adjustment in tax in prior years -847 1 367 Tax expense in the profit and loss statement 13 920 25 955 Payable tax including witholding taxes 2 169 1 512Effective tax rate 13.9% 23.8%Origin of tax expense payable: 2024 2023Norway 2 169 1 512 Tax payable in the balance sheet 2024 2023Tax payable 2 169 1 512 Tax payable on profits pre acquisition Globetech 2 775 - Total tax payable in balance sheet at year end 4 944 1 512 Deferred tax assets: 2024 2023Fixed assets 165 165 Intangible assets -5 725 -43 Projects under construction -52 828 -47 248 Current assets 5 172 4 410 Other temporary differences / provisions 3 254 728 Other items 2 428 -3 023 Tax losses to be carried forward 10 770 27 152 Gross deferred tax -36 765 -17 859 - Unrecognised tax losses - - Net recognised deferred tax -36 765 -17 859 Deferred tax movement Balance at Recognized in Acquisition of Balance at specification FY24January 1stprofit and loss Other changessubsidiariesDecember 31stFixed assets 165 -35 - 35 165 Intangible assets -43 412 - -6 094 -5 725 Projects under construction -47 248 -5 580 - - -52 828 Current assets 4 410 751 - 11 5 172 Derivatives - - - - - Provisions 728 2 525 - - 3 254 Other items -3 023 6 558 -1 107 - 2 428 Tax losses to be carried forward 27 152 -16 381 - - 10 770 Gross deferred tax -17 859 -11 751 -1 107 -6 048 -36 765",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTaxReceivablesAndPayablesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__123": {
"value": "Note 13 Tax Amounts in NOK 1000\u201cDeferred tax assets related to losses which can be carried forward for tax purposes, are reported if the management believes it is likely that the company can use these against expected taxable income for the upcoming five years. Tax asset of MNOK 0.2 (2023: MNOK 0) have been recognised as per 31 December 2024. Intellilift AS and Globetech AS, which is held 51% and 67% respectively by Nekkar ASA, is not part of the Norwegian tax group.The following criteria have been applied to assess the likelihood of taxable income against which unused tax losses may be utilized: \u2022 the Group has sufficient temporary differences\u2022 the entities is expected to have taxable profits. Tax losses carried forward do not expire within the Norwegian tax system. \u2022 tax losses are induced by specific identifiable causes\u2022 the Group do not carry any uncertainty over income tax treatmentsDeferred tax liabilities and deferred tax assets are netted if the Group has a legal right to offset deferred tax assets against deferred taxes in the balance sheet, and if the deferred taxes are owed to the same tax authorities.Income tax expense: 2024 2023Payable tax on profit 2 169 1 512 *)Change in deferred tax11 751 24 443 Tax expense on continued operations 13 920 25 955 Reconciliation of the effective tax rate 2024 2023Profit before tax 99 791 109 264 Expected income tax according to income tax rate in Norway (22%) 21 954 24 038 Permanent differences -7 187 550 Adjustment in tax in prior years -847 1 367 Tax expense in the profit and loss statement 13 920 25 955 Payable tax including witholding taxes 2 169 1 512Effective tax rate 13.9% 23.8%Origin of tax expense payable: 2024 2023Norway 2 169 1 512 Tax payable in the balance sheet 2024 2023Tax payable 2 169 1 512 Tax payable on profits pre acquisition Globetech 2 775 - Total tax payable in balance sheet at year end 4 944 1 512 Deferred tax assets: 2024 2023Fixed assets 165 165 Intangible assets -5 725 -43 Projects under construction -52 828 -47 248 Current assets 5 172 4 410 Other temporary differences / provisions 3 254 728 Other items 2 428 -3 023 Tax losses to be carried forward 10 770 27 152 Gross deferred tax -36 765 -17 859 - Unrecognised tax losses - - Net recognised deferred tax -36 765 -17 859 Deferred tax movement Balance at Recognized in Acquisition of Balance at specification FY24January 1stprofit and loss Other changessubsidiariesDecember 31stFixed assets 165 -35 - 35 165 Intangible assets -43 412 - -6 094 -5 725 Projects under construction -47 248 -5 580 - - -52 828 Current assets 4 410 751 - 11 5 172 Derivatives - - - - - Provisions 728 2 525 - - 3 254 Other items -3 023 6 558 -1 107 - 2 428 Tax losses to be carried forward 27 152 -16 381 - - 10 770 Gross deferred tax -17 859 -11 751 -1 107 -6 048 -36 765",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__122": {
"value": "Note 13 Tax Amounts in NOK 1000\u201cDeferred tax assets related to losses which can be carried forward for tax purposes, are reported if the management believes it is likely that the company can use these against expected taxable income for the upcoming five years. Tax asset of MNOK 0.2 (2023: MNOK 0) have been recognised as per 31 December 2024. Intellilift AS and Globetech AS, which is held 51% and 67% respectively by Nekkar ASA, is not part of the Norwegian tax group.The following criteria have been applied to assess the likelihood of taxable income against which unused tax losses may be utilized: \u2022 the Group has sufficient temporary differences\u2022 the entities is expected to have taxable profits. Tax losses carried forward do not expire within the Norwegian tax system. \u2022 tax losses are induced by specific identifiable causes\u2022 the Group do not carry any uncertainty over income tax treatmentsDeferred tax liabilities and deferred tax assets are netted if the Group has a legal right to offset deferred tax assets against deferred taxes in the balance sheet, and if the deferred taxes are owed to the same tax authorities.Income tax expense: 2024 2023Payable tax on profit 2 169 1 512 *)Change in deferred tax11 751 24 443 Tax expense on continued operations 13 920 25 955 Reconciliation of the effective tax rate 2024 2023Profit before tax 99 791 109 264 Expected income tax according to income tax rate in Norway (22%) 21 954 24 038 Permanent differences -7 187 550 Adjustment in tax in prior years -847 1 367 Tax expense in the profit and loss statement 13 920 25 955 Payable tax including witholding taxes 2 169 1 512Effective tax rate 13.9% 23.8%Origin of tax expense payable: 2024 2023Norway 2 169 1 512 Tax payable in the balance sheet 2024 2023Tax payable 2 169 1 512 Tax payable on profits pre acquisition Globetech 2 775 - Total tax payable in balance sheet at year end 4 944 1 512 Deferred tax assets: 2024 2023Fixed assets 165 165 Intangible assets -5 725 -43 Projects under construction -52 828 -47 248 Current assets 5 172 4 410 Other temporary differences / provisions 3 254 728 Other items 2 428 -3 023 Tax losses to be carried forward 10 770 27 152 Gross deferred tax -36 765 -17 859 - Unrecognised tax losses - - Net recognised deferred tax -36 765 -17 859 Deferred tax movement Balance at Recognized in Acquisition of Balance at specification FY24January 1stprofit and loss Other changessubsidiariesDecember 31stFixed assets 165 -35 - 35 165 Intangible assets -43 412 - -6 094 -5 725 Projects under construction -47 248 -5 580 - - -52 828 Current assets 4 410 751 - 11 5 172 Derivatives - - - - - Provisions 728 2 525 - - 3 254 Other items -3 023 6 558 -1 107 - 2 428 Tax losses to be carried forward 27 152 -16 381 - - 10 770 Gross deferred tax -17 859 -11 751 -1 107 -6 048 -36 765",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__125": {
"value": "Note 14 Earnings per share Amounts in NOK 1000Basic earnings per share Basic earnings per share are calculated by dividing net profit for the year attributable to ordinary equity holders of the parent by the weighted average number of ordinary shares outstanding during the year.2024 2023Net profit attributable to ordinary equity holders of the parent from total operations 85 872 83 309 Weighted average of issued shares excluding own shares 105 182 106 226 Earnings per share - total (NOK per share) 0.82 0.78 Diluted earnings per share:There are no diluted effects in 2024.Share structure 2024 2023Issued number of shares 107 427 112 107 427 112 Own shares 4 035 531 1 398 965",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__127": {
"value": "Note 15 Other operating expenses Amounts in NOK 10002024 2023Premises and office expenses 2 676 2 557 IT costs 9 523 5 147 Marketing and travel expenses 19 359 16 497 Consultancy and external services 13 166 12 720 Other expenses 5 675 4 499 Total other operating expenses 50 400 41 420",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__126": {
"value": "Note 15 Other operating expenses Amounts in NOK 10002024 2023Premises and office expenses 2 676 2 557 IT costs 9 523 5 147 Marketing and travel expenses 19 359 16 497 Consultancy and external services 13 166 12 720 Other expenses 5 675 4 499 Total other operating expenses 50 400 41 420",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__131": {
"value": "Note 16 Related partiesNekkar ASA is the ultimate parent based and listed in Norway.The subsidiaries (Note 8), members of the Board (Note 4) and members of the Senior Executive Group (Note 4), board members (Note 12) are considered as related parties. Transactions between subsidiaries have been eliminated in the consolidation financial statements.The Group has carried out various transactions with subsidiaries in 2024. All the transactions have been carried out as part of the ordinary business and on an arm\u2019s length basis. For the year ended 31 December 2024, the Group has not recorded any impairment of receivables relating to the amounts owned by related parties (2023: MNOK 0). Nekkar has entered into a lease agreement for headquarter offices effective from April 2023 with Lumber Teknopark AS, which is ultimately owned 51 % by Skeiegruppen AS. The contract term is 5 year and 6 months starting from April 2023, with an additonal five-year option. Total lease payments in 2024 was MNOK 3,2 (2023 MNOK 2). Impairment assessment is part of the annual evaluation with regard to the financial position of the related party, and the market in which the related party operates.Information on Board and Senior Executive Group\u2019s shares are included in Note 12.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__133-1": {
"value": "Note 17 Derivatives Amounts in NOK 10002024 2023Net Net market market Forward currency contracts - Market values Assets Liabilitiesvalue Assets LiabilitiesvalueForward currency contracts - effective hedging contracts - - - - - - Forward currency contracts - ineffective hedging contracts - 1)included in other liabilities/assets 377 -8 432 -8 056 20 623 -482 20 141 Forward currency contracts - market value 377 -8 432 -8 056 20 623 -482 20 141 1) FX contracts designed for hedging, but do not qualify for hedge accounting.Total Total MTM MTM Maturity distribution of currency contracts and MTM:valuesvaluesWithin 3 months -3 730 7 716> 3 months, < 6 months -1 931 2 524> 6 months, < 9 months -251 2 920> 9 months, < 12 months -853 3 954> 12 months, < 24 months -1 291 3 026> 24 Months 0 0Total -8 056 20 141 Nominal value currency contracts, original currency 2024 2023Amounts in CUR 1000 Sold Bought Sold BoughtNOK - 219 154 - 294 975 USD 14 800 - 22 600 -EUR 5 000 - 4 100 -SGD - - - - Other balance sheets effects 2024 2023FV of firm commitment, classified as other receivable - -FV of firm commitment, classified as other short term debt - -Capitalised cost relating to prolonging of effective hedge relationship, classified as other receivables - -Note 20 Financial risk management Amounts in NOK 1000The following table shows the carrying amount and fair values of financial assets and financial liabilities, including their levels in the fair value hierarchy. It does not include fair value information for financial assets and financial liabilities not measured at fair value if the carrying amount is a reasonable approximation of fair value.Financial assets and liabilities are described in Accounting Principles, under sections 2.8, 2.9, 2.10, 2.12, 2.13 and 2.15.Risks associated with the underlying estimates of the recognized values and financial risk management is described in Accounting Principles, ref section 3.Financial derivative contracts Financial derivative Loans, not designated for hedging / contracts designated cash and Classification of financial assetsineffective hedgesfor hedgingreceivables Total2024Non current financial assets:Other receivables - - 1 884 1 884 Financial current assets:Trade receivables - - 151 819 151 819 Other current receivables - - 14 409 14 409 Accrued, non-invoiced production - - 118 136 118 136 1)Derivatives - - - - Cash and cash equivalents - - 204 937 204 937 Total financial assets - - 491 185 491 185 2023Non current financial assets:Other receivables - - 1 155 1 155 Financial current assets:Trade receivables - - 85 270 85 270 Other current receivables - - 6 387 6 387 Accrued, non-invoiced production - - 144 007 144 007 1)Derivatives 20 144 - - 20 144 Cash and cash equivalents - 0 194 162 194 162 Total financial assets 20 144 - 430 981 451 125 1) Fair value of financial liabilities:The Group\u2019s derivatives consist of forward currency contracts. Fair value of forward currency contracts is determined by utilizing market-to-market rate on the balance-sheet date as stated by the Group\u2019s bank. Fair value relating to non-current debt is considered approximately equal to carrying value, as loans are given at market terms and with a floating rate.Financial derivative Financial derivative Other contracts not designated for contracts designated financial Classification of financial liabilities:hedging / ineffective hedgesfor hedgingliabilities Total2024Non-current financial liabilitiesInterest-bearing non-current debt - - - - Current financial liabilitiesFirst year instalment of non-current debt - - - - Interest-bearing current liabilities - - - - Prepayments from customers - - 74 629 74 629 1)Derivatives 11 037 - - 11 037 Accounts payable and other short-term liabilities - - 158 428 158 428 Total financial liabilities 11 037 - 233 057 244 094 2023Non-current financial liabilitiesInterest-bearing non-current debt - - - - Current financial liabilitiesFirst year instalment of non-current debt - - - - Interest-bearing current liabilities - - - - Prepayments from customers - - 39 002 39 002 1)Derivatives - - - - Accounts payable and other short-term liabilities - - 103 542 103 542 Total financial liabilities - - 142 544 142 544 1) Fair value of financial liabilities:The Group\u2019s derivatives consist of forward currency contracts. Fair value of forward currency contracts is determined by utilizing market-to-market rate on the balance-sheet date as stated by the Group\u2019s bank. Fair value relating to non-current debt is considered approximately equal to carrying value, as loans are given at market terms and with a floating rate.The Group uses the following hierarchy for determining and disclosing the fair value of financial instruments by valuation technique:\u2022 Level 1: Quoted (unadjusted) prices in active markets for identical assets or liabilities\u2022 Level 2: Other techniques for which all inputs which have a significant effect on the recorded fair value are observable, either directly or indirectly\u2022 Level 3: Techniques which use inputs which have a significant effect on the recorded fair value that are not based on observable market data.2024 2023Overall Level 1 Level 2 Level 3 Overall Level 1 Level 2 Level 3Assets measured at fair valueForeign exchange contracts - non-hedging Foreign exchange contracts - hedging - - - - - - - - -Liabilities measured at fair value Foreign exchange contracts - hedging - - - - - - - - -Foreign exchange contracts - non-hedging - 11 037- -20 144 11 037 -- 20 144- - --- ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__132-1": {
"value": "Note 17 Derivatives Amounts in NOK 10002024 2023Net Net market market Forward currency contracts - Market values Assets Liabilitiesvalue Assets LiabilitiesvalueForward currency contracts - effective hedging contracts - - - - - - Forward currency contracts - ineffective hedging contracts - 1)included in other liabilities/assets 377 -8 432 -8 056 20 623 -482 20 141 Forward currency contracts - market value 377 -8 432 -8 056 20 623 -482 20 141 1) FX contracts designed for hedging, but do not qualify for hedge accounting.Total Total MTM MTM Maturity distribution of currency contracts and MTM:valuesvaluesWithin 3 months -3 730 7 716> 3 months, < 6 months -1 931 2 524> 6 months, < 9 months -251 2 920> 9 months, < 12 months -853 3 954> 12 months, < 24 months -1 291 3 026> 24 Months 0 0Total -8 056 20 141 Nominal value currency contracts, original currency 2024 2023Amounts in CUR 1000 Sold Bought Sold BoughtNOK - 219 154 - 294 975 USD 14 800 - 22 600 -EUR 5 000 - 4 100 -SGD - - - - Other balance sheets effects 2024 2023FV of firm commitment, classified as other receivable - -FV of firm commitment, classified as other short term debt - -Capitalised cost relating to prolonging of effective hedge relationship, classified as other receivables - -Forward currency contractsDerivatives are recognized at fair value on the contract date. The value is adjusted to fair value at the end of each balance sheet date. The value is set to observable market price, Note 20.Changes to fair value that meet the criteria of an effective fair value hedge is recognized in the financial statement with a corresponding change in fair value of the assets or liabilities that are being hedged or the FV of the firm commitment.The ineffective portion of the recognized hedge relationships is recognized in P&L together with the changes in value of derivatives. In 2024, a loss of 8 million is recognized in the consolidated statement of comprehensive income under Other losses / (gains) related to FX contracts not qualifying for hedge accounting. In 2023, this amounted to a gain of MNOK 20.The asset or liability being hedged is contractual income or cost related to production cost. Hedged assets or liabilities are recognized in the balance sheet at actual value. The hedged asset or liability represents, among other things, the part of the contractual income or cost that has not been invoiced on the balance sheet date, or where invoices have not been received from the supplier. The asset or liability is included in Other current assets or Other current liabilities respectively. Additionally the hedged asset or liability for each contract is represented through bank, client or supplier.Syncrolift AS has embedded derivatives associated with a contract containing currency clauses. These derivatives are measured at fair value, with changes recognized in profit or loss under financial items. As of December 31, 2024, the fair value of the embedded derivatives was MNOK -2.9 (2023: MNOK 0).For additional information on foreign currency and appurtenant risks, please refer to Accounting principles, and see section 2.8 and 3.1.Note 20 Financial risk management Amounts in NOK 1000The following table shows the carrying amount and fair values of financial assets and financial liabilities, including their levels in the fair value hierarchy. It does not include fair value information for financial assets and financial liabilities not measured at fair value if the carrying amount is a reasonable approximation of fair value.Financial assets and liabilities are described in Accounting Principles, under sections 2.8, 2.9, 2.10, 2.12, 2.13 and 2.15.Risks associated with the underlying estimates of the recognized values and financial risk management is described in Accounting Principles, ref section 3.Financial derivative contracts Financial derivative Loans, not designated for hedging / contracts designated cash and Classification of financial assetsineffective hedgesfor hedgingreceivables Total2024Non current financial assets:Other receivables - - 1 884 1 884 Financial current assets:Trade receivables - - 151 819 151 819 Other current receivables - - 14 409 14 409 Accrued, non-invoiced production - - 118 136 118 136 1)Derivatives - - - - Cash and cash equivalents - - 204 937 204 937 Total financial assets - - 491 185 491 185 2023Non current financial assets:Other receivables - - 1 155 1 155 Financial current assets:Trade receivables - - 85 270 85 270 Other current receivables - - 6 387 6 387 Accrued, non-invoiced production - - 144 007 144 007 1)Derivatives 20 144 - - 20 144 Cash and cash equivalents - 0 194 162 194 162 Total financial assets 20 144 - 430 981 451 125 1) Fair value of financial liabilities:The Group\u2019s derivatives consist of forward currency contracts. Fair value of forward currency contracts is determined by utilizing market-to-market rate on the balance-sheet date as stated by the Group\u2019s bank. Fair value relating to non-current debt is considered approximately equal to carrying value, as loans are given at market terms and with a floating rate.Financial derivative Financial derivative Other contracts not designated for contracts designated financial Classification of financial liabilities:hedging / ineffective hedgesfor hedgingliabilities Total2024Non-current financial liabilitiesInterest-bearing non-current debt - - - - Current financial liabilitiesFirst year instalment of non-current debt - - - - Interest-bearing current liabilities - - - - Prepayments from customers - - 74 629 74 629 1)Derivatives 11 037 - - 11 037 Accounts payable and other short-term liabilities - - 158 428 158 428 Total financial liabilities 11 037 - 233 057 244 094 2023Non-current financial liabilitiesInterest-bearing non-current debt - - - - Current financial liabilitiesFirst year instalment of non-current debt - - - - Interest-bearing current liabilities - - - - Prepayments from customers - - 39 002 39 002 1)Derivatives - - - - Accounts payable and other short-term liabilities - - 103 542 103 542 Total financial liabilities - - 142 544 142 544 1) Fair value of financial liabilities:The Group\u2019s derivatives consist of forward currency contracts. Fair value of forward currency contracts is determined by utilizing market-to-market rate on the balance-sheet date as stated by the Group\u2019s bank. Fair value relating to non-current debt is considered approximately equal to carrying value, as loans are given at market terms and with a floating rate.The Group uses the following hierarchy for determining and disclosing the fair value of financial instruments by valuation technique:\u2022 Level 1: Quoted (unadjusted) prices in active markets for identical assets or liabilities\u2022 Level 2: Other techniques for which all inputs which have a significant effect on the recorded fair value are observable, either directly or indirectly\u2022 Level 3: Techniques which use inputs which have a significant effect on the recorded fair value that are not based on observable market data.2024 2023Overall Level 1 Level 2 Level 3 Overall Level 1 Level 2 Level 3Assets measured at fair valueForeign exchange contracts - non-hedging Foreign exchange contracts - hedging - - - - - - - - -Liabilities measured at fair value Foreign exchange contracts - hedging - - - - - - - - -Foreign exchange contracts - non-hedging - 11 037- -20 144 11 037 -- 20 144- - --- ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__134-1": {
"value": "Forward currency contractsDerivatives are recognized at fair value on the contract date. The value is adjusted to fair value at the end of each balance sheet date. The value is set to observable market price, Note 20.Changes to fair value that meet the criteria of an effective fair value hedge is recognized in the financial statement with a corresponding change in fair value of the assets or liabilities that are being hedged or the FV of the firm commitment.The ineffective portion of the recognized hedge relationships is recognized in P&L together with the changes in value of derivatives. In 2024, a loss of 8 million is recognized in the consolidated statement of comprehensive income under Other losses / (gains) related to FX contracts not qualifying for hedge accounting. In 2023, this amounted to a gain of MNOK 20.The asset or liability being hedged is contractual income or cost related to production cost. Hedged assets or liabilities are recognized in the balance sheet at actual value. The hedged asset or liability represents, among other things, the part of the contractual income or cost that has not been invoiced on the balance sheet date, or where invoices have not been received from the supplier. The asset or liability is included in Other current assets or Other current liabilities respectively. Additionally the hedged asset or liability for each contract is represented through bank, client or supplier.Syncrolift AS has embedded derivatives associated with a contract containing currency clauses. These derivatives are measured at fair value, with changes recognized in profit or loss under financial items. As of December 31, 2024, the fair value of the embedded derivatives was MNOK -2.9 (2023: MNOK 0).For additional information on foreign currency and appurtenant risks, please refer to Accounting principles, and see section 2.8 and 3.1.Note 18 Financial items and foreign currency gains/losses Amounts in NOK 10002024 2023Interest income 18 325 12 662 Agio 8 942 6 847 Other financial income 21 4 590 Financial income 27 288 24 099 Interest expenses 11 674 6 647 Other financial expenses 2 830 2 178 Fair value changes of ineffective FX 28 059 - Financial expenses 42 563 8 825 Share of profit in equity accounted investments 34 451 -7 083 Net finance 19 176 8 191",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__140": {
"value": "Note 18 Financial items and foreign currency gains/losses Amounts in NOK 10002024 2023Interest income 18 325 12 662 Agio 8 942 6 847 Other financial income 21 4 590 Financial income 27 288 24 099 Interest expenses 11 674 6 647 Other financial expenses 2 830 2 178 Fair value changes of ineffective FX 28 059 - Financial expenses 42 563 8 825 Share of profit in equity accounted investments 34 451 -7 083 Net finance 19 176 8 191",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInterestExpenseExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__139": {
"value": "Note 18 Financial items and foreign currency gains/losses Amounts in NOK 10002024 2023Interest income 18 325 12 662 Agio 8 942 6 847 Other financial income 21 4 590 Financial income 27 288 24 099 Interest expenses 11 674 6 647 Other financial expenses 2 830 2 178 Fair value changes of ineffective FX 28 059 - Financial expenses 42 563 8 825 Share of profit in equity accounted investments 34 451 -7 083 Net finance 19 176 8 191",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInterestIncomeExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__138": {
"value": "Note 18 Financial items and foreign currency gains/losses Amounts in NOK 10002024 2023Interest income 18 325 12 662 Agio 8 942 6 847 Other financial income 21 4 590 Financial income 27 288 24 099 Interest expenses 11 674 6 647 Other financial expenses 2 830 2 178 Fair value changes of ineffective FX 28 059 - Financial expenses 42 563 8 825 Share of profit in equity accounted investments 34 451 -7 083 Net finance 19 176 8 191",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInterestIncomeExpenseExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__137": {
"value": "Note 18 Financial items and foreign currency gains/losses Amounts in NOK 10002024 2023Interest income 18 325 12 662 Agio 8 942 6 847 Other financial income 21 4 590 Financial income 27 288 24 099 Interest expenses 11 674 6 647 Other financial expenses 2 830 2 178 Fair value changes of ineffective FX 28 059 - Financial expenses 42 563 8 825 Share of profit in equity accounted investments 34 451 -7 083 Net finance 19 176 8 191",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinanceCostExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__136": {
"value": "Note 18 Financial items and foreign currency gains/losses Amounts in NOK 10002024 2023Interest income 18 325 12 662 Agio 8 942 6 847 Other financial income 21 4 590 Financial income 27 288 24 099 Interest expenses 11 674 6 647 Other financial expenses 2 830 2 178 Fair value changes of ineffective FX 28 059 - Financial expenses 42 563 8 825 Share of profit in equity accounted investments 34 451 -7 083 Net finance 19 176 8 191",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinanceIncomeExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__135": {
"value": "Note 18 Financial items and foreign currency gains/losses Amounts in NOK 10002024 2023Interest income 18 325 12 662 Agio 8 942 6 847 Other financial income 21 4 590 Financial income 27 288 24 099 Interest expenses 11 674 6 647 Other financial expenses 2 830 2 178 Fair value changes of ineffective FX 28 059 - Financial expenses 42 563 8 825 Share of profit in equity accounted investments 34 451 -7 083 Net finance 19 176 8 191",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__147": {
"value": "Note 19 Provisions and other accruals Amounts in NOK 10002024 2023Accrued wages and salaries 9 715 10 625 Accrued holiday pay 12 075 8 084 Provision for warranty 14 789 3 310 Contract liabilities 30 547 8 614 Other accrued expenses 19 546 6 182 Other provisions for liabilities 10 050 - Total provisions and other accruals 96 720 36 815 Provision for warrantyDEVELOPMENT OF SIGNIFICANT PROVISIONS 2024 2023Balance as of 1 January 3 310 7 929 New provision 17 941 1 490 Provision utilized (1 162) (2 688)Provision reversed (5 300) (3 421)Balance as of December 31 14 789 3 310 A warranty provision is recognized for expected claims on installations delivered during the year. A total warranty provision of MNOK 14,7 have been recognized as per 31 December 2024. The provision is related to Syncrolift AS.There is an inherent uncertainty related to the amount of future warranty claims - however based on management\u2019s judgments of possible outcomes, a general warranty provision in the region of 2% of the contract value on delivered new building projects have been applied. It is expected that these costs will be incurred during the guarantee period for the respective deliveries, which normally vary from 12-36 months.Other provisions for liabilities relate to the aqcuisition of Globetech, which includes an estimated price adjustment based on the 2024 results of the company. The final adjustment will be determined based on Globetech AS\u2019s approved financial statements for the fiscal year 2024.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfProvisionsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__146": {
"value": "Note 19 Provisions and other accruals Amounts in NOK 10002024 2023Accrued wages and salaries 9 715 10 625 Accrued holiday pay 12 075 8 084 Provision for warranty 14 789 3 310 Contract liabilities 30 547 8 614 Other accrued expenses 19 546 6 182 Other provisions for liabilities 10 050 - Total provisions and other accruals 96 720 36 815 Provision for warrantyDEVELOPMENT OF SIGNIFICANT PROVISIONS 2024 2023Balance as of 1 January 3 310 7 929 New provision 17 941 1 490 Provision utilized (1 162) (2 688)Provision reversed (5 300) (3 421)Balance as of December 31 14 789 3 310 A warranty provision is recognized for expected claims on installations delivered during the year. A total warranty provision of MNOK 14,7 have been recognized as per 31 December 2024. The provision is related to Syncrolift AS.There is an inherent uncertainty related to the amount of future warranty claims - however based on management\u2019s judgments of possible outcomes, a general warranty provision in the region of 2% of the contract value on delivered new building projects have been applied. It is expected that these costs will be incurred during the guarantee period for the respective deliveries, which normally vary from 12-36 months.Other provisions for liabilities relate to the aqcuisition of Globetech, which includes an estimated price adjustment based on the 2024 results of the company. The final adjustment will be determined based on Globetech AS\u2019s approved financial statements for the fiscal year 2024.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherCurrentLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__145": {
"value": "Note 19 Provisions and other accruals Amounts in NOK 10002024 2023Accrued wages and salaries 9 715 10 625 Accrued holiday pay 12 075 8 084 Provision for warranty 14 789 3 310 Contract liabilities 30 547 8 614 Other accrued expenses 19 546 6 182 Other provisions for liabilities 10 050 - Total provisions and other accruals 96 720 36 815 Provision for warrantyDEVELOPMENT OF SIGNIFICANT PROVISIONS 2024 2023Balance as of 1 January 3 310 7 929 New provision 17 941 1 490 Provision utilized (1 162) (2 688)Provision reversed (5 300) (3 421)Balance as of December 31 14 789 3 310 A warranty provision is recognized for expected claims on installations delivered during the year. A total warranty provision of MNOK 14,7 have been recognized as per 31 December 2024. The provision is related to Syncrolift AS.There is an inherent uncertainty related to the amount of future warranty claims - however based on management\u2019s judgments of possible outcomes, a general warranty provision in the region of 2% of the contract value on delivered new building projects have been applied. It is expected that these costs will be incurred during the guarantee period for the respective deliveries, which normally vary from 12-36 months.Other provisions for liabilities relate to the aqcuisition of Globetech, which includes an estimated price adjustment based on the 2024 results of the company. The final adjustment will be determined based on Globetech AS\u2019s approved financial statements for the fiscal year 2024.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__144": {
"value": "Note 19 Provisions and other accruals Amounts in NOK 10002024 2023Accrued wages and salaries 9 715 10 625 Accrued holiday pay 12 075 8 084 Provision for warranty 14 789 3 310 Contract liabilities 30 547 8 614 Other accrued expenses 19 546 6 182 Other provisions for liabilities 10 050 - Total provisions and other accruals 96 720 36 815 Provision for warrantyDEVELOPMENT OF SIGNIFICANT PROVISIONS 2024 2023Balance as of 1 January 3 310 7 929 New provision 17 941 1 490 Provision utilized (1 162) (2 688)Provision reversed (5 300) (3 421)Balance as of December 31 14 789 3 310 A warranty provision is recognized for expected claims on installations delivered during the year. A total warranty provision of MNOK 14,7 have been recognized as per 31 December 2024. The provision is related to Syncrolift AS.There is an inherent uncertainty related to the amount of future warranty claims - however based on management\u2019s judgments of possible outcomes, a general warranty provision in the region of 2% of the contract value on delivered new building projects have been applied. It is expected that these costs will be incurred during the guarantee period for the respective deliveries, which normally vary from 12-36 months.Other provisions for liabilities relate to the aqcuisition of Globetech, which includes an estimated price adjustment based on the 2024 results of the company. The final adjustment will be determined based on Globetech AS\u2019s approved financial statements for the fiscal year 2024.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__143": {
"value": "Note 19 Provisions and other accruals Amounts in NOK 10002024 2023Accrued wages and salaries 9 715 10 625 Accrued holiday pay 12 075 8 084 Provision for warranty 14 789 3 310 Contract liabilities 30 547 8 614 Other accrued expenses 19 546 6 182 Other provisions for liabilities 10 050 - Total provisions and other accruals 96 720 36 815 Provision for warrantyDEVELOPMENT OF SIGNIFICANT PROVISIONS 2024 2023Balance as of 1 January 3 310 7 929 New provision 17 941 1 490 Provision utilized (1 162) (2 688)Provision reversed (5 300) (3 421)Balance as of December 31 14 789 3 310 A warranty provision is recognized for expected claims on installations delivered during the year. A total warranty provision of MNOK 14,7 have been recognized as per 31 December 2024. The provision is related to Syncrolift AS.There is an inherent uncertainty related to the amount of future warranty claims - however based on management\u2019s judgments of possible outcomes, a general warranty provision in the region of 2% of the contract value on delivered new building projects have been applied. It is expected that these costs will be incurred during the guarantee period for the respective deliveries, which normally vary from 12-36 months.Other provisions for liabilities relate to the aqcuisition of Globetech, which includes an estimated price adjustment based on the 2024 results of the company. The final adjustment will be determined based on Globetech AS\u2019s approved financial statements for the fiscal year 2024.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDeferredIncomeExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__142": {
"value": "Note 19 Provisions and other accruals Amounts in NOK 10002024 2023Accrued wages and salaries 9 715 10 625 Accrued holiday pay 12 075 8 084 Provision for warranty 14 789 3 310 Contract liabilities 30 547 8 614 Other accrued expenses 19 546 6 182 Other provisions for liabilities 10 050 - Total provisions and other accruals 96 720 36 815 Provision for warrantyDEVELOPMENT OF SIGNIFICANT PROVISIONS 2024 2023Balance as of 1 January 3 310 7 929 New provision 17 941 1 490 Provision utilized (1 162) (2 688)Provision reversed (5 300) (3 421)Balance as of December 31 14 789 3 310 A warranty provision is recognized for expected claims on installations delivered during the year. A total warranty provision of MNOK 14,7 have been recognized as per 31 December 2024. The provision is related to Syncrolift AS.There is an inherent uncertainty related to the amount of future warranty claims - however based on management\u2019s judgments of possible outcomes, a general warranty provision in the region of 2% of the contract value on delivered new building projects have been applied. It is expected that these costs will be incurred during the guarantee period for the respective deliveries, which normally vary from 12-36 months.Other provisions for liabilities relate to the aqcuisition of Globetech, which includes an estimated price adjustment based on the 2024 results of the company. The final adjustment will be determined based on Globetech AS\u2019s approved financial statements for the fiscal year 2024.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__154": {
"value": "Note 20 Financial risk management Amounts in NOK 1000The following table shows the carrying amount and fair values of financial assets and financial liabilities, including their levels in the fair value hierarchy. It does not include fair value information for financial assets and financial liabilities not measured at fair value if the carrying amount is a reasonable approximation of fair value.Financial assets and liabilities are described in Accounting Principles, under sections 2.8, 2.9, 2.10, 2.12, 2.13 and 2.15.Risks associated with the underlying estimates of the recognized values and financial risk management is described in Accounting Principles, ref section 3.Financial derivative contracts Financial derivative Loans, not designated for hedging / contracts designated cash and Classification of financial assetsineffective hedgesfor hedgingreceivables Total2024Non current financial assets:Other receivables - - 1 884 1 884 Financial current assets:Trade receivables - - 151 819 151 819 Other current receivables - - 14 409 14 409 Accrued, non-invoiced production - - 118 136 118 136 1)Derivatives - - - - Cash and cash equivalents - - 204 937 204 937 Total financial assets - - 491 185 491 185 2023Non current financial assets:Other receivables - - 1 155 1 155 Financial current assets:Trade receivables - - 85 270 85 270 Other current receivables - - 6 387 6 387 Accrued, non-invoiced production - - 144 007 144 007 1)Derivatives 20 144 - - 20 144 Cash and cash equivalents - 0 194 162 194 162 Total financial assets 20 144 - 430 981 451 125 1) Fair value of financial liabilities:The Group\u2019s derivatives consist of forward currency contracts. Fair value of forward currency contracts is determined by utilizing market-to-market rate on the balance-sheet date as stated by the Group\u2019s bank. Fair value relating to non-current debt is considered approximately equal to carrying value, as loans are given at market terms and with a floating rate.Financial derivative Financial derivative Other contracts not designated for contracts designated financial Classification of financial liabilities:hedging / ineffective hedgesfor hedgingliabilities Total2024Non-current financial liabilitiesInterest-bearing non-current debt - - - - Current financial liabilitiesFirst year instalment of non-current debt - - - - Interest-bearing current liabilities - - - - Prepayments from customers - - 74 629 74 629 1)Derivatives 11 037 - - 11 037 Accounts payable and other short-term liabilities - - 158 428 158 428 Total financial liabilities 11 037 - 233 057 244 094 2023Non-current financial liabilitiesInterest-bearing non-current debt - - - - Current financial liabilitiesFirst year instalment of non-current debt - - - - Interest-bearing current liabilities - - - - Prepayments from customers - - 39 002 39 002 1)Derivatives - - - - Accounts payable and other short-term liabilities - - 103 542 103 542 Total financial liabilities - - 142 544 142 544 1) Fair value of financial liabilities:The Group\u2019s derivatives consist of forward currency contracts. Fair value of forward currency contracts is determined by utilizing market-to-market rate on the balance-sheet date as stated by the Group\u2019s bank. Fair value relating to non-current debt is considered approximately equal to carrying value, as loans are given at market terms and with a floating rate.The Group uses the following hierarchy for determining and disclosing the fair value of financial instruments by valuation technique:\u2022 Level 1: Quoted (unadjusted) prices in active markets for identical assets or liabilities\u2022 Level 2: Other techniques for which all inputs which have a significant effect on the recorded fair value are observable, either directly or indirectly\u2022 Level 3: Techniques which use inputs which have a significant effect on the recorded fair value that are not based on observable market data.2024 2023Overall Level 1 Level 2 Level 3 Overall Level 1 Level 2 Level 3Assets measured at fair valueForeign exchange contracts - non-hedging Foreign exchange contracts - hedging - - - - - - - - -Liabilities measured at fair value Foreign exchange contracts - hedging - - - - - - - - -Foreign exchange contracts - non-hedging - 11 037- -20 144 11 037 -- 20 144- - --- ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialInstrumentsHeldForTradingExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__149": {
"value": "Note 20 Financial risk management Amounts in NOK 1000The following table shows the carrying amount and fair values of financial assets and financial liabilities, including their levels in the fair value hierarchy. It does not include fair value information for financial assets and financial liabilities not measured at fair value if the carrying amount is a reasonable approximation of fair value.Financial assets and liabilities are described in Accounting Principles, under sections 2.8, 2.9, 2.10, 2.12, 2.13 and 2.15.Risks associated with the underlying estimates of the recognized values and financial risk management is described in Accounting Principles, ref section 3.Financial derivative contracts Financial derivative Loans, not designated for hedging / contracts designated cash and Classification of financial assetsineffective hedgesfor hedgingreceivables Total2024Non current financial assets:Other receivables - - 1 884 1 884 Financial current assets:Trade receivables - - 151 819 151 819 Other current receivables - - 14 409 14 409 Accrued, non-invoiced production - - 118 136 118 136 1)Derivatives - - - - Cash and cash equivalents - - 204 937 204 937 Total financial assets - - 491 185 491 185 2023Non current financial assets:Other receivables - - 1 155 1 155 Financial current assets:Trade receivables - - 85 270 85 270 Other current receivables - - 6 387 6 387 Accrued, non-invoiced production - - 144 007 144 007 1)Derivatives 20 144 - - 20 144 Cash and cash equivalents - 0 194 162 194 162 Total financial assets 20 144 - 430 981 451 125 1) Fair value of financial liabilities:The Group\u2019s derivatives consist of forward currency contracts. Fair value of forward currency contracts is determined by utilizing market-to-market rate on the balance-sheet date as stated by the Group\u2019s bank. Fair value relating to non-current debt is considered approximately equal to carrying value, as loans are given at market terms and with a floating rate.Financial derivative Financial derivative Other contracts not designated for contracts designated financial Classification of financial liabilities:hedging / ineffective hedgesfor hedgingliabilities Total2024Non-current financial liabilitiesInterest-bearing non-current debt - - - - Current financial liabilitiesFirst year instalment of non-current debt - - - - Interest-bearing current liabilities - - - - Prepayments from customers - - 74 629 74 629 1)Derivatives 11 037 - - 11 037 Accounts payable and other short-term liabilities - - 158 428 158 428 Total financial liabilities 11 037 - 233 057 244 094 2023Non-current financial liabilitiesInterest-bearing non-current debt - - - - Current financial liabilitiesFirst year instalment of non-current debt - - - - Interest-bearing current liabilities - - - - Prepayments from customers - - 39 002 39 002 1)Derivatives - - - - Accounts payable and other short-term liabilities - - 103 542 103 542 Total financial liabilities - - 142 544 142 544 1) Fair value of financial liabilities:The Group\u2019s derivatives consist of forward currency contracts. Fair value of forward currency contracts is determined by utilizing market-to-market rate on the balance-sheet date as stated by the Group\u2019s bank. Fair value relating to non-current debt is considered approximately equal to carrying value, as loans are given at market terms and with a floating rate.The Group uses the following hierarchy for determining and disclosing the fair value of financial instruments by valuation technique:\u2022 Level 1: Quoted (unadjusted) prices in active markets for identical assets or liabilities\u2022 Level 2: Other techniques for which all inputs which have a significant effect on the recorded fair value are observable, either directly or indirectly\u2022 Level 3: Techniques which use inputs which have a significant effect on the recorded fair value that are not based on observable market data.2024 2023Overall Level 1 Level 2 Level 3 Overall Level 1 Level 2 Level 3Assets measured at fair valueForeign exchange contracts - non-hedging Foreign exchange contracts - hedging - - - - - - - - -Liabilities measured at fair value Foreign exchange contracts - hedging - - - - - - - - -Foreign exchange contracts - non-hedging - 11 037- -20 144 11 037 -- 20 144- - --- ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__148": {
"value": "Note 20 Financial risk management Amounts in NOK 1000The following table shows the carrying amount and fair values of financial assets and financial liabilities, including their levels in the fair value hierarchy. It does not include fair value information for financial assets and financial liabilities not measured at fair value if the carrying amount is a reasonable approximation of fair value.Financial assets and liabilities are described in Accounting Principles, under sections 2.8, 2.9, 2.10, 2.12, 2.13 and 2.15.Risks associated with the underlying estimates of the recognized values and financial risk management is described in Accounting Principles, ref section 3.Financial derivative contracts Financial derivative Loans, not designated for hedging / contracts designated cash and Classification of financial assetsineffective hedgesfor hedgingreceivables Total2024Non current financial assets:Other receivables - - 1 884 1 884 Financial current assets:Trade receivables - - 151 819 151 819 Other current receivables - - 14 409 14 409 Accrued, non-invoiced production - - 118 136 118 136 1)Derivatives - - - - Cash and cash equivalents - - 204 937 204 937 Total financial assets - - 491 185 491 185 2023Non current financial assets:Other receivables - - 1 155 1 155 Financial current assets:Trade receivables - - 85 270 85 270 Other current receivables - - 6 387 6 387 Accrued, non-invoiced production - - 144 007 144 007 1)Derivatives 20 144 - - 20 144 Cash and cash equivalents - 0 194 162 194 162 Total financial assets 20 144 - 430 981 451 125 1) Fair value of financial liabilities:The Group\u2019s derivatives consist of forward currency contracts. Fair value of forward currency contracts is determined by utilizing market-to-market rate on the balance-sheet date as stated by the Group\u2019s bank. Fair value relating to non-current debt is considered approximately equal to carrying value, as loans are given at market terms and with a floating rate.Financial derivative Financial derivative Other contracts not designated for contracts designated financial Classification of financial liabilities:hedging / ineffective hedgesfor hedgingliabilities Total2024Non-current financial liabilitiesInterest-bearing non-current debt - - - - Current financial liabilitiesFirst year instalment of non-current debt - - - - Interest-bearing current liabilities - - - - Prepayments from customers - - 74 629 74 629 1)Derivatives 11 037 - - 11 037 Accounts payable and other short-term liabilities - - 158 428 158 428 Total financial liabilities 11 037 - 233 057 244 094 2023Non-current financial liabilitiesInterest-bearing non-current debt - - - - Current financial liabilitiesFirst year instalment of non-current debt - - - - Interest-bearing current liabilities - - - - Prepayments from customers - - 39 002 39 002 1)Derivatives - - - - Accounts payable and other short-term liabilities - - 103 542 103 542 Total financial liabilities - - 142 544 142 544 1) Fair value of financial liabilities:The Group\u2019s derivatives consist of forward currency contracts. Fair value of forward currency contracts is determined by utilizing market-to-market rate on the balance-sheet date as stated by the Group\u2019s bank. Fair value relating to non-current debt is considered approximately equal to carrying value, as loans are given at market terms and with a floating rate.The Group uses the following hierarchy for determining and disclosing the fair value of financial instruments by valuation technique:\u2022 Level 1: Quoted (unadjusted) prices in active markets for identical assets or liabilities\u2022 Level 2: Other techniques for which all inputs which have a significant effect on the recorded fair value are observable, either directly or indirectly\u2022 Level 3: Techniques which use inputs which have a significant effect on the recorded fair value that are not based on observable market data.2024 2023Overall Level 1 Level 2 Level 3 Overall Level 1 Level 2 Level 3Assets measured at fair valueForeign exchange contracts - non-hedging Foreign exchange contracts - hedging - - - - - - - - -Liabilities measured at fair value Foreign exchange contracts - hedging - - - - - - - - -Foreign exchange contracts - non-hedging - 11 037- -20 144 11 037 -- 20 144- - --- ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFairValueMeasurementExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__150-1": {
"value": "Financial derivative contracts Financial derivative Loans, not designated for hedging / contracts designated cash and Classification of financial assetsineffective hedgesfor hedgingreceivables Total2024Non current financial assets:Other receivables - - 1 884 1 884 Financial current assets:Trade receivables - - 151 819 151 819 Other current receivables - - 14 409 14 409 Accrued, non-invoiced production - - 118 136 118 136 1)Derivatives - - - - Cash and cash equivalents - - 204 937 204 937 Total financial assets - - 491 185 491 185 2023Non current financial assets:Other receivables - - 1 155 1 155 Financial current assets:Trade receivables - - 85 270 85 270 Other current receivables - - 6 387 6 387 Accrued, non-invoiced production - - 144 007 144 007 1)Derivatives 20 144 - - 20 144 Cash and cash equivalents - 0 194 162 194 162 Total financial assets 20 144 - 430 981 451 125 1) Fair value of financial liabilities:The Group\u2019s derivatives consist of forward currency contracts. Fair value of forward currency contracts is determined by utilizing market-to-market rate on the balance-sheet date as stated by the Group\u2019s bank. Fair value relating to non-current debt is considered approximately equal to carrying value, as loans are given at market terms and with a floating rate.2024 2023Overall Level 1 Level 2 Level 3 Overall Level 1 Level 2 Level 3Assets measured at fair valueForeign exchange contracts - non-hedging Foreign exchange contracts - hedging - - - - - - - - -Liabilities measured at fair value Foreign exchange contracts - hedging - - - - - - - - -Foreign exchange contracts - non-hedging - 11 037- -20 144 11 037 -- 20 144- - --- ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialAssetsHeldForTradingExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__152-1": {
"value": "Financial derivative Financial derivative Other contracts not designated for contracts designated financial Classification of financial liabilities:hedging / ineffective hedgesfor hedgingliabilities Total2024Non-current financial liabilitiesInterest-bearing non-current debt - - - - Current financial liabilitiesFirst year instalment of non-current debt - - - - Interest-bearing current liabilities - - - - Prepayments from customers - - 74 629 74 629 1)Derivatives 11 037 - - 11 037 Accounts payable and other short-term liabilities - - 158 428 158 428 Total financial liabilities 11 037 - 233 057 244 094 2023Non-current financial liabilitiesInterest-bearing non-current debt - - - - Current financial liabilitiesFirst year instalment of non-current debt - - - - Interest-bearing current liabilities - - - - Prepayments from customers - - 39 002 39 002 1)Derivatives - - - - Accounts payable and other short-term liabilities - - 103 542 103 542 Total financial liabilities - - 142 544 142 544 1) Fair value of financial liabilities:The Group\u2019s derivatives consist of forward currency contracts. Fair value of forward currency contracts is determined by utilizing market-to-market rate on the balance-sheet date as stated by the Group\u2019s bank. Fair value relating to non-current debt is considered approximately equal to carrying value, as loans are given at market terms and with a floating rate.2024 2023Overall Level 1 Level 2 Level 3 Overall Level 1 Level 2 Level 3Assets measured at fair valueForeign exchange contracts - non-hedging Foreign exchange contracts - hedging - - - - - - - - -Liabilities measured at fair value Foreign exchange contracts - hedging - - - - - - - - -Foreign exchange contracts - non-hedging - 11 037- -20 144 11 037 -- 20 144- - --- ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__158": {
"value": "Note 21 Business combination Amounts in NOK 1000Acquisition and divestments in 2024On August 15 2024, Nekkar acquired 67 per cent of the shares in maritime connectivity and digital service provider Globetech AS. Globetech provides ICT (information and communication technology) infrastructure, connectivity and support services to the global maritime sector. The company offers complete solutions for onboard network infrastructure including hardware, tailored solution architecture and system integration for satellite communications, and develops software and customized ICT solutions that focuses on cybersecurity to ensure secure and continuous operations. The total consideration was MNOK 86,8 million for 67 % of the shares, paid through a combination of MNOK 66,4 in cash, NOK 10,4 in consideration shares and an estimated cash consideration adjustment to be made in 2025 of MNOK 10. The company was consolidated from the date of aquisition and acquisition analysis gave rise to goodwill of MNOK 89,1.In 2028, Nekkar will acquire the remaining 33 percent of outstanding shares in Globetech. The consideration will be settled in cash based on a multiple of achieved EBITDA in 2027. Nekkar has recognised a provision of NOK 33.8 million related to the put options held by the minority shareholders. This amount represent the estimated fair value of the expected consideration for the remaining ownership interest to be exercised in 2028.Purchase priceThe following table summarizes the acquisition date fair value of each major class of consideration transferredConsideration shares in Nekkar ASA 10 416 Cash consideration 66 354 Estimated cash consideration adjustment in FY25 based on FY24 achived results 10 050 Total consideration (67%) 86 820 1)Non-controlling interest (33%) 42 762 Equity value at acqusition (100%) 129 582 1) Nekkar has chosen to measure the non-controlling interest in Globetech at fair value, consistent with the approach applied in previous acquisitions. A simplified method has been applied by extrapolating the fair value per share paid by Nekkar, without applying a control premium or discount for lack of control. Consequently, goodwill is calculated on a 100% basis (full goodwill method), which includes the portion attributable to the non-controlling interest.The fair value of identifiable assets and liabilities is based on a purchase allocation. The following table summarizes the recognised amounts of assets acquired and liabilities assumed at the date of acquisition.Liabilities:1)Customer relationships 27 700 Technology 155 Deferred tax assets 46 Fixed assets 967 Accounts receivables 13 119 Inventories 2 766 Other current assets 3 654 Cash and cash equivalents 10 056 2) As part of the purchase price allocation, customer relationships was identified and valued as a separate intangible assets. The fair value have been determined using a multi-period excess earnings method (MEEM), which requires management to make assumptions regarding expected churn rates, contribution margins, discount rates and useful life. These inputs are subject to estimation uncertainty and changes in assumptions may affect the carrying amount of the customer relationships.Assets:Deferred tax (8 869)Accounts payables (2 495)Public duties (374)Other current liabilities (6 223)Total identifiable net assets 40 502 Goodwill 89 081 Cash and cash equivalents in acquired business 10 056 1)Total cash outflow from acquisition of business 56 298 1) Does not include estimated cash consideration adjustment of MNOK 10 to be made in 2025Revenue and profit or loss of the acquiree and combined entity Since the date of acquisition, Globetech AS has contributed MNOK 37.9 to the Group\u2019s revenue and MNOK 9.8 to profit before taxes. Had the acquisition taken place at the beginning of 2024, the Group\u2019s revenue and profit before taxes for the year would have been MNOK 92.8 and MNOK 22.3, respectively Acquisition and divestments in 2023In March, Nekkar strengthened its presence within renewables and aquaculture through the acquisition of 90,1% of the total shares of Techano Oceanlift based in Kristiansand, Norway. The acquisition was financed in cash and the purchase consideration consisted of a cash payment of MNOK 2,7. Techano Oceanlift\u2019s specialist competence includes the development and manufacturing of advanced load handling and lifting equipment, including cranes, winches, fish crowding systems, fish transfer systems, and offshore wind load handling cranes. The Techano Oceanlift team proved during the second quarter that it will be a valuable addition to Nekkar. First, the company was awarded a EUR 4 million contract to deliver an offshore crane to a newbuild cable-lay support vessel (CLSV) that Sefine Shipyard is building for Norwegian shipowner Agalas. Under the contract, Techano Oceanlift will deliver a 70-tonnes offshore crane capable of performing both subsea installation and removal operations plus topside 3Dcompensated lifting operations in conjunction with wind farm developments and operations. Secondly, Techano Oceanlift demonstrated its ability to deliver when the company in June successfully completed delivery and commissioning of the new and upgraded live fish transfer system provided to SalMar Aker Ocean\u2019s fish farm, Offshore Farm 1. In December 2023, Techano Oceanlift was awarded an additional newbuild contract for a 170t crane to Sefine Shipyard for a contract value of EUR 6.5 million.Opening balance Techano Oceanlift AS - 28.03.2023Goodwill 407 Other current assets 3 Cash 3 018 Total assets 3 428 Account payables 44 Public duties 51 Other current liabilities 333 Equity non controlling interest 297 Equity 2 703 Total liabilities 3 428 There was no result during the period from 01.01 until the acquisition.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBusinessCombinationsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__159": {
"value": "Note 22 Non controlling interest (NCI) Amounts in NOK 1000The following table summarizes the information relating to Nekkar ASA\u2019s subsidiaries that has material non controlling interest, before intra group eliminations. Non-current assets includes goodwill and technology assets arising from the PPA, total amount of MNOK 134.2024Techano Syncrolift Number presented on 100% basisOceanlift AS Intellilift AS Globetech ASPvt. Ltd. TotalNon current assets 18 396 41 123 117 251 80 176 850 Current assets, excluding cash 82 222 19 293 17 649 5 037 124 202 Cash and cash equivalents -33 495 2 148 22 407 733 -8 207 Non current liabilities - 309 5 891 - 6 199 Current liabilities -59 660 -13 462 -14 938 -4 166 -92 226 Net assets 7 464 49 410 148 260 1 684 206 819 Revenue 63 514 43 750 37 892 4 393 86 035 Profit after tax -10 930 3 677 6 896 1 016 659 Other comprehensive income (OCI) - - - - - Total comprehensive income -10 930 3 677 6 896 1 016 659 -NCI percentage 10 % 49 % 33 % 20 %Net assets attributable to NCI 739 24 211 48 926 337 74 213 Profit after tax allocated to NCI -1 082 1 802 2 276 203 3 202 OCI allocated to NCI - - - - -2023Number presented on 100% basis Techano Intellilift AS TotalOceanlift ASNon current assets 7 554 38 431 45 985 Current assets, excluding cash 22 152 14 937 37 089 Cash and cash equivalents -6 550 939 -5 611 Non current liabilities - -381 -381 Current liabilities -17 969 -8 972 -26 942 Net assets 5 186 44 954 50 140 Revenue 30 336 33 854 64 190 Profit after tax 2 020 3 807 5 828 Other comprehensive income (OCI) - - - Total comprehensive income 2 020 3 807 5 828 NCI percentage 10% 49% -Net assets attributable to NCI 513 22 028 22 541 Profit after tax allocated to NCI 200 1 866 2 066 OCI allocated to NCI - - -",
"dimensions": {
"concept": "ifrs-full:DisclosureOfNoncontrollingInterestsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__163": {
"value": "Note 23 Contingent liabilities / Material disputesRegular claimsRegular claims are made against the Group as a result of its ordinary operations. These claims are part of ordinary business and are generally covered by provisions for guarantee costs and contingencies in ongoing projects. Nekkar is of the opinion that recognized provisions will cover regular claims arising as part of ordinary business. Syncrolift project claimSyncrolift has finalized and delivered a shiplift and transfer system to a shipyard in South America in June 2022. The final 10 % milestone invoice (MNOK 14.7) has not been paid by the customer, as the customer claim a project delay. Syncrolift has made a provision of 50% (MNOK 7,4) of outstanding amount in relation to this claim. Syncrolift still expect part of part of the payment to be recieved as no contractual right to hold back the payment has been found.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfClaimsAndBenefitsPaidExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__162": {
"value": "Note 23 Contingent liabilities / Material disputesRegular claimsRegular claims are made against the Group as a result of its ordinary operations. These claims are part of ordinary business and are generally covered by provisions for guarantee costs and contingencies in ongoing projects. Nekkar is of the opinion that recognized provisions will cover regular claims arising as part of ordinary business. Syncrolift project claimSyncrolift has finalized and delivered a shiplift and transfer system to a shipyard in South America in June 2022. The final 10 % milestone invoice (MNOK 14.7) has not been paid by the customer, as the customer claim a project delay. Syncrolift has made a provision of 50% (MNOK 7,4) of outstanding amount in relation to this claim. Syncrolift still expect part of part of the payment to be recieved as no contractual right to hold back the payment has been found.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__161": {
"value": "Note 23 Contingent liabilities / Material disputesRegular claimsRegular claims are made against the Group as a result of its ordinary operations. These claims are part of ordinary business and are generally covered by provisions for guarantee costs and contingencies in ongoing projects. Nekkar is of the opinion that recognized provisions will cover regular claims arising as part of ordinary business. Syncrolift project claimSyncrolift has finalized and delivered a shiplift and transfer system to a shipyard in South America in June 2022. The final 10 % milestone invoice (MNOK 14.7) has not been paid by the customer, as the customer claim a project delay. Syncrolift has made a provision of 50% (MNOK 7,4) of outstanding amount in relation to this claim. Syncrolift still expect part of part of the payment to be recieved as no contractual right to hold back the payment has been found.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCommitmentsExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__160": {
"value": "Note 23 Contingent liabilities / Material disputesRegular claimsRegular claims are made against the Group as a result of its ordinary operations. These claims are part of ordinary business and are generally covered by provisions for guarantee costs and contingencies in ongoing projects. Nekkar is of the opinion that recognized provisions will cover regular claims arising as part of ordinary business. Syncrolift project claimSyncrolift has finalized and delivered a shiplift and transfer system to a shipyard in South America in June 2022. The final 10 % milestone invoice (MNOK 14.7) has not been paid by the customer, as the customer claim a project delay. Syncrolift has made a provision of 50% (MNOK 7,4) of outstanding amount in relation to this claim. Syncrolift still expect part of part of the payment to be recieved as no contractual right to hold back the payment has been found.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"f0__s6__6__164": {
"value": "Note 24 Subsequent events Events regarding Nekkar are as follows:11 March 2025 \u2013 Nekkar\u2019s subsidiary Techano Oceanlift was awarded a contract by Sefine Shipyard to deliver a 150-tonnes offshore crane for a construction support vessel built for Agalas, Eidesvik, and Reach Subsea. The scope includes engineering, manufacturing, and commissioning. The contract value is approximately EUR 7.5 million.22 April 2025 \u2013 Techano Oceanlift was awarded a contract by Hercules Supply AS to deliver a 70-tonnes knuckle boom crane for a newbuild Multi-Purpose Supply Vessel at Fujian Mawei Shipyard. The crane will feature an active heave compensated winch, Intellilift\u2019s control and motion compensation systems, and the detachable Safelift tool. Delivery is scheduled for July 2026.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
"language": "en",
"entity": "scheme:5967007LIEEXZXIFE872",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
}
}
}