Annual report 2021
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.
We recognise Ferd’s investments at fair value. This means that the group reports its performance in terms of value-adjusted equity.
Ferd’s value-adjusted equity has grown from NOK 6 billion at its launch in 2001 to NOK 48 billion today, which is equivalent to an annual return of 10.9%.
Value-adjusted equity
The table shows the fair value of our investments by business units:
Active owner
Active investor
New solutions
Capital (MNOK)
29 000
4 800
7 300
9
11
12.31.2021
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.
