Multiconsult

Annual Report • May 15, 2020

Re-statement of 2019 to new segments:

Key figures - Multiconsult group
Amounts in TNOK	Q1 2019	Q2 2019	Q3 2019	Q4 2019	FY 2019
Net op. revenues	944 242	866 704	720 431	904 458	3 435 835
EBITDA	138 334	31 332	72 086	57 381	299 133
EBITDA %	14.7 %	3.6 %	10.0 %	6.3 %	8.7 %
EBIT	92 469	-15 929	21 043	8 746	106 329
EBIT %	9.8 %	-1.8 %	2.9 %	1.0 %	3.1 %
Order intake	1 171 824	902 036	945 107	1 329 118	4 348 086
Order Backlog	2 864 999	2 724 731	2 731 980	2 967 609	2 967 609
Billing ratio	70.2 %	71.0 %	67.1 %	68.1 %	69.2 %
Employees	2 972	2 964	3 005	2 994	2 994

Key figures - Region Oslo
Amounts in TNOK	Q1 2019	Q2 2019	Q3 2019	Q4 2019	FY 2019
Net op. revenues	309 412	246 549	245 629	289 339	1 090 928
EBITDA	44 027	-14 708	32 399	8 874	70 592
EBITDA %	14.2 %	-6.0 %	13.2 %	3.1 %	6.5 %
EBIT	40 449	-21 667	27 017	7 207	53 006
EBIT %	13.1 %	-8.8 %	11.0 %	2.5 %	4.9 %
Order intake	432 881	251 048	214 512	532 821	1 431 262
Order Backlog	978 152	909 338	854 195	1 026 527	1 026 527
Billing ratio	70.8 %	71.7 %	67.5 %	69.5 %	70.0 %
Employees	818	815	824	817	817

Key figures - Region Norway
Amounts in TNOK	Q1 2019	Q2 2019	Q3 2019	Q4 2019	FY 2019
Net op. revenues	376 596	356 884	285 005	363 371	1 381 857
EBITDA	59 182	32 218	19 414	29 838	140 653
EBITDA %	15.7 %	9.0 %	6.8 %	8.2 %	10.2 %
EBIT	39 601	10 823	-5 594	11 670	56 500
EBIT %	10.5 %	3.0 %	-2.0 %	3.2 %	4.1 %
Order intake	397 436	384 737	276 751	378 604	1 437 527
Order Backlog	625 369	619 687	586 816	580 802	580 802
Billing ratio	68.0 %	70.0 %	66.8 %	66.9 %	67.9 %
Employees	1 045	1 051	1 074	1 068	1 068

Key figures - Energy
Amounts in TNOK	Q1 2019	Q2 2019	Q3 2019	Q4 2019	FY 2019
Net op. revenues	64 688	68 177	50 961	66 782	250 607
EBITDA	-755	-1 670	-4 495	-1 746	-8 666
EBITDA %	-1.2 %	-2.4 %	-8.8 %	-2.6 %	-3.5 %
EBIT	-1 235	-2 143	-4 972	-2 228	-10 578
EBIT %	-1.9 %	-3.1 %	-9.8 %	-3.3 %	-4.2 %
Order intake	124 314	68 191	115 208	73 313	381 027
Order Backlog	246 218	232 387	277 719	262 807	262 807
Billing ratio	62.8 %	62.4 %	62.0 %	63.7 %	62.8 %
Employees	204	200	203	199	199

Key figures - LINK
Amounts in TNOK	Q1 2019	Q2 2019	Q3 2019	Q4 2019	FY 2019
Net op. revenues	152 267	141 327	107 114	135 090	535 798
EBITDA	23 096	10 852	3 403	-1 336	36 015
EBITDA %	15.2 %	7.7 %	3.2 %	-1.0 %	6.7 %
EBIT	16 807	4 530	-2 785	-7 543	11 008
EBIT %	11.0 %	3.2 %	-2.6 %	-5.6 %	2.1 %
Order intake	170 022	127 148	194 634	236 843	728 647
Order Backlog	529 368	485 962	551 420	620 205	620 205
Billing ratio	76.0 %	75.0 %	71.4 %	73.0 %	74.0 %
Employees	500	500	494	489	489

Key figures - International
Amounts in TNOK	Q1 2019	Q2 2019	Q3 2019	Q4 2019	FY 2019
Net op. revenues	51 767	51 350	47 298	56 512	206 926
EBITDA	8 929	7 185	7 281	6 551	29 947
EBITDA %	17.2 %	14.0 %	15.4 %	11.6 %	14.5 %
EBIT	5 866	4 039	4 324	3 093	17 322
EBIT %	11.3 %	7.9 %	9.1 %	5.5 %	8.4 %
Order intake	47 171	70 912	144 002	107 538	369 623
Order Backlog	415 093	407 160	478 518	497 576	497 576
Billing ratio	79.5 %	78.7 %	68.7 %	68.9 %	73.5 %
Employees	278	280	298	299	299

Key figures - Eliminations and not allocated
Amounts in TNOK	Q1 2019	Q2 2019	Q3 2019	Q4 2019	FY 2019
Net op. revenues	-10 488	2 418	-15 575	-6 636	-30 281
EBITDA	3 855	-2 547	14 084	15 201	30 592
EBITDA %	-36.8 %	-105.3 %	-90.4 %	-229.1 %	-101.0 %
EBIT	-9 019	-11 510	3 052	-3 453	-20 929
EBIT %	86.0 %	-476.1 %	-19.6 %	52.0 %	69.1 %
Order intake	-	-	-	-	-
Order Backlog	70 799	70 197	-16 688	-20 309	-20 309
Billing ratio	0.1 %	0.1 %	0.1 %	1.7 %	0.5 %
Employees	127	118	112	122	122