Delivery from OneCo in 2014

The OneCo Group now has a specialised company portfolio consisting of four regions, all of which operate within the Group's strategic core areas. The regions have locations in Kristiansand, Sandnes, Oslo and Bergen. In total, the Group currently has an order backlog of around NOK 1.7 billion divided between the regions and business areas.

The OneCo Group now has a specialised company portfolio consisting of four regions, all of which operate within the Group's strategic core areas. The regions have locations in Kristiansand, Sandnes, Oslo and Bergen. In total, the Group currently has an order backlog of around NOK 1.7 billion divided between the regions and business areas. The trend in the order backlog is increasing as a result of a sharpened market focus.

Going forward, the focus will be on growth within the Group's strategic core areas to further consolidate its position in the market. OneCo has a clear ambition of annual organic growth of around 15 %. In addition, it may also be relevant with strategic acquisitions and measures that could increase this growth.

In order to show a correct financial picture of OneCo after adjustment of the company portfolio, pro forma accounts have been prepared that include the adjustment. The sale of the companies OneCo Samferdsel, OneCo Veidrift and OneCo Midt Norge has been completed. The transaction was originally contractually agreed in 2014, but has been recognised in 2015, hence the basis for pro forma financial statements.

The pro forma financial statements for 2014 show sales of NOK 1.3 billion for the OneCo Group with a profit before depreciation of NOK 140 million. The OneCo Group's equity is NOK 245 million, which corresponds to an equity ratio of 36 %. The pro forma accounts are an appendix to the annual report in the annual accounts for 2014.

The Group appears strengthened and robust for further growth in its core areas in a Nordic perspective.