Real-time Oslo Bors 10:03:11 2024-04-16 am EDT 5-day change 1st Jan Change
5.16 NOK +1.34% Intraday chart for Nel ASA -17.07% -25.11%

Business Summary

Nel ASA is specialized in the development and manufacturing of optimal solutions for the production, storage and distribution of hydrogen from renewable energy sources. Net sales break down by activity as follows:

- electrolyser manufacturing (80.3%);

- hydrogen stations manufacturing (19.7%): designed to quickly recharge fuel cell electric vehicles.

Net sales are distributed geographically as follows: Norway (2.6%), Europe (28.7%), the United States (52.9%), North America (1.9%), Asia (9.5%), Middle East (2.7%), Africa (0.7%), South America (0.6%) and Oceania (0.4%).

Number of employees: 669

Sales per Business

NOK in Million2022Weight2023Weight Delta
Electrolyser
80.3 %
707 77.3 % 1,350 80.3 % +90.97%
Fueling
19.7 %
208 22.7 % 331 19.7 % +59.23%

Sales per region

NOK in Million2022Weight2023Weight Delta
United States
52.9 %
441 48.2 % 890 52.9 % +101.71%
Europe
28.6 %
268 29.3 % 481 28.6 % +79.80%
Asia
9.5 %
137 15.0 % 159 9.5 % +16.03%
Middle East
2.7 %
26 2.9 % 46 2.7 % +74.38%
Norway
2.6 %
6 0.7 % 44 2.6 % +579.23%
North America
1.9 %
18 2.0 % 33 1.9 % +81.81%
Africa
0.7 %
13 1.4 % 13 0.7 % -4.71%
South America
0.6 %
3 0.4 % 9 0.6 % +165.67%
Oceania
0.4 %
2 0.2 % 7 0.4 % +333.53%

Managers

Managers TitleAgeSince
Chief Executive Officer 48 22-06-30
Director of Finance/CFO 48 20-02-29
Chief Operating Officer 58 22-07-31
Investor Relations Contact - 22-02-28
Human Resources Officer 54 20-12-31
General Counsel - 19-04-30

Members of the board

Members of the board TitleAgeSince
Chairman 76 17-05-14
Director/Board Member 66 23-04-20
Director/Board Member 70 20-05-12
Director/Board Member 58 20-05-12
Director/Board Member 52 17-05-14
Director/Board Member 56 19-04-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,671,325,304 1,648,561,912 ( 98.64 %) 418,033 ( 0.0250 %) 98.64 %

Shareholders

NameEquities%Valuation
Storebrand Asset Management AS
1.756 %
29,355,885 1.756 % 13 M kr
Folketrygdfondet
1.668 %
27,871,015 1.668 % 12 M kr
KLP Kapitalforvaltning AS
1.340 %
22,401,233 1.340 % 10 M kr
Legal & General Investment Management Ltd.
1.057 %
17,658,530 1.057 % 8 M kr
Argenta Spaarbank NV
0.5200 %
8,690,904 0.5200 % 4 M kr
Deutscher Sparkassen-und Giroverband eV
0.3910 %
6,534,530 0.3910 % 3 M kr
Erste Asset Management GmbH
0.3547 %
5,927,708 0.3547 % 3 M kr
green benefit AG
0.3464 %
5,789,841 0.3464 % 3 M kr
FV Frankfurter Vermögen AG
0.3129 %
5,230,000 0.3129 % 2 M kr
Swedbank Robur Fonder AB
0.2761 %
4,614,271 0.2761 % 2 M kr

Holdings

NameEquities%Valuation
11,698,918 13.56% 9,216,642 $
418,033 0.03% 187,061 $

Company contact information

NEL ASA

Karenslyst allé 49

0279, Oslo

+47 23 24 89 50

http://www.nelhydrogen.com
address Nel ASA(NEL)

Group companies

NameCategory and Sector
Chemicals: Specialty