Akva Group ASA operates in the Farm machinery and equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Akva Group ASA with three other
manufacturers of agricultural equipment in Europe:
Ursus SA
of Poland
(2018
sales of 214.63 million Polish New Zlotys [US$55.40 million]
of which 50%
was URSUS Bus),
Tumosan Motor Ve Traktor Sanayi As
of Turkey
(416.00 million Turkish Liras [US$71.58 million]
of which 87%
was Tractor Sales), and
Kesla Oyj
which is
based in Finland
(45.06 million Euro [US$49.85 million]
).
Sales Analysis.
Akva Group ASA reported sales of NOK 2.57 billion (US$280.65 million)
for the
year ending
December of 2018.
This
represents
an
increase of 23.8%
versus 2017, when the company's sales were NOK 2.07 billion.
Sales at Akva Group ASA have increased during each of the previous five years
(and since 2013, sales have increased a total of 179%).
Sales of Cage Based Technologies saw an increase
of
27.1% in 2018, from
NOK 1.52 billion to NOK 1.93 billion.