This is Norske tog
Norske tog is a leading specialist environment within the purchasing, adaptation and management of railway vehicles. Norske tog follows technological developments, is familiar with the international railway industry and has expert knowledge of Norwegian conditions.
The company’s activities comprise of procuring, owning and managing rolling stock*, which shall preferentially be used for the execution of passenger transport by train as a public service obligation. The company’s rolling stock shall be offered on competition-neutral terms. The company also has an advisory function with respect to the Norwegian state. The company shall operate efficiently.
Norske tog AS is 100% owned by the Norwegian Ministry of Transport and Communications and is a Category 4 company, which means that the state has sector policy objectives for ownership.
Financial key figures (MNOK)
|Financial key figures (MNOK)||2018||2017|
|Proft for the year||279||143|
|Net cash fow||2,012||357|
|Equity ratio||21 %||23 %|
|Return on equity||10,9 %||6,30 %|
*Norske tog uses the following terms for the rolling stock the company owns: rolling stock, railway vehicle, train, vehicle, passenger train, materiel, trainset and passenger train vehicle.
Norske tog shall be a leading, future-oriented and financially sound company that provides a sufficient number of safe, reliable and up-to-date passenger train vehicles.
By so doing, the company shall help to make passenger train transport attractive in Norway and contribute to «The Green Shift».