Letter from the CEO
“Being an active and long-term owner also means enduring adversity. We use our investment capacity to go against the tide and invest when it is most difficult.”

Morten Borge, CEO
Ferd's total value-adjusted equity
“Being an active and long-term owner also means enduring adversity. We use our investment capacity to go against the tide and invest when it is most difficult.”
Morten Borge, CEO
Ferd’s value-adjusted equity totalled NOK 50.4 billion as of 31 December 2024, up from NOK 45.8 billion as of 31 December 2023. In total, Ferd achieved a return on value-adjusted equity of 12.0 percent. The return in NOK terms was NOK 5.5 billion.
Read moreFerd Capital is a long-term, flexible and value-adding partner for Nordic companies. The business area has two mandates and makes investments in private and listed companies.
Year SummarySince 2001, Ferd has been guided by a vision of creating enduring value and leaving clear footprints. Our broad perspective on what constitutes value creation has been a cornerstone for the group and is the foundation of our work on sustainability. Over time, the connection between our vision and sustainability has become clearer, leading to a more systematic and targeted approach. Measuring sustainability outcomes is a key tool in this work.
Sustainability at FerdDownload center