Annual report


48 bn.nok

Ferd´s total value-adjusted equity

  • Value-adjusted equity
  • Return on equity %
  • Liquidity

Balances on the group cash pool, money market fund, listed shares and liquid hedge funds

Letter from the CEO

“We believe that there is a clear connection between value creation in the form of social results, climate and environmental improvements and absolute value creation. Making a contribution to sustainability is profitable, and this is also the case just in financial terms.”

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Morten Borge, CEO

Summary of Ferd's results for 2021

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Ferd’s value-adjusted equity at the end of 2021 was NOK 48.0 billion (NOK 41.1 billion at 31 December 2020). The return on value-adjusted equity for Ferd was 17.7% in 2021, which represents a good absolute performance for Ferd.

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