NORSK RENEWABLES |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.419 NOK | +0.24% |
|
+4.49% | -72.07% |
| Apr. 07 | Norsk Renewables to Raise NOK7 Million via Subsequent Subscription Offering | MT |
| Mar. 21 | Norsk Renewables AS Reports Earnings Results for the Fourth Quarter Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Capitalization 1 | 542 | 267.7 | 87.62 | 87.62 | - |
| Enterprise Value (EV) 1 | 496 | 267.7 | 190 | 731.8 | 1,787 |
| P/E ratio | -15.9 x | - | -1.64 x | -1.4 x | -1.75 x |
| Yield | - | - | - | - | - |
| Capitalization / Revenue | 39.9 x | - | 7.29 x | 1.37 x | 0.56 x |
| EV / Revenue | 36.5 x | - | 12.2 x | 11.4 x | 11.4 x |
| EV / EBITDA | -22.8 x | - | -3.61 x | -29.3 x | 39.7 x |
| EV / FCF | -7.17 x | -3.09 x | -7.09 x | -1 x | -1.31 x |
| FCF Yield | -14% | -32.3% | -14.1% | -100% | -76.5% |
| Price to Book | - | - | - | - | - |
| Nbr of stocks (in thousands) | 74,770 | 74,770 | 209,106 | 209,106 | - |
| Reference price 2 | 7.249 | 3.580 | 0.4190 | 0.4190 | 0.4190 |
| Announcement Date | 3/23/22 | 4/26/23 | 3/21/24 | - | - |
1NOK in Million2NOK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net sales 1 | 11.68 | 13.59 | - | 15.6 | 64 | 157 |
| EBITDA 1 | - | -21.8 | - | -52.7 | -25 | 45 |
| EBIT 1 | - | -32.2 | - | -62.35 | -37 | -7 |
| Operating Margin | - | -236.89% | - | -399.75% | -57.81% | -4.46% |
| Earnings before Tax (EBT) 1 | - | -34.4 | - | -74.93 | -66 | -98 |
| Net income 1 | -20.3 | -34.02 | - | -69.3 | -77 | -119 |
| Net margin | -173.88% | -250.24% | - | -444.31% | -120.31% | -75.8% |
| EPS 2 | - | -0.4550 | - | -0.9140 | -0.3000 | -0.2400 |
| Free Cash Flow 1 | - | -69.23 | -86.51 | -26.79 | -732 | -1,367 |
| FCF margin | - | -509.29% | - | -171.77% | -1,143.75% | -870.7% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 4/18/21 | 3/23/22 | 4/26/23 | 3/21/24 | - | - |
1NOK in Million2NOK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q2 | 2021 S1 | 2021 S2 | 2022 Q1 | 2022 S1 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4.37 | 6.775 | 6.815 | 1.779 | 5.665 | 2.019 | 5.712 | 6.024 | 1.842 | 11.3 | 15.8 |
| EBITDA 1 | -7.43 | -4.115 | -17.74 | - | -2.6 | -17.8 | -5.1 | -13.4 | -16.39 | -8.7 | -6.3 |
| EBIT 1 | - | -9.095 | -23.16 | -20.02 | -5.89 | -20.06 | -7.558 | -15.88 | -18.86 | -10.4 | -8.1 |
| Operating Margin | - | -134.24% | -339.77% | -1,125.41% | -103.97% | -993.71% | -132.32% | -263.56% | -1,023.62% | -92.04% | -51.27% |
| Earnings before Tax (EBT) 1 | -9.08 | -13.8 | -20.63 | -22.56 | 2.427 | -17.35 | -7.487 | -18.64 | -31.46 | -13.6 | -12.8 |
| Net income 1 | -9.29 | -13.34 | -20.7 | -29.86 | 1.734 | -18.79 | -6.263 | -17.96 | -29.73 | -15.6 | -15.7 |
| Net margin | -212.59% | -196.93% | -303.7% | -1,678.7% | 30.61% | -930.86% | -109.65% | -298.12% | -1,614.01% | -138.05% | -99.37% |
| EPS 2 | -0.1200 | -0.1800 | -0.2900 | -0.4000 | -0.1800 | -0.2479 | -0.0826 | -0.2368 | -0.3466 | -0.0800 | -0.0700 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/19/21 | 8/19/21 | 3/23/22 | 6/14/22 | 8/31/22 | 6/14/23 | 8/30/23 | 11/29/23 | 3/21/24 | - | - |
1NOK in Million2NOK
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | 76.3 | 644 | 1,699 |
| Net Cash position 1 | - | 46 | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | -1.448 x | -25.77 x | 37.76 x |
| Free Cash Flow 1 | - | -69.2 | -86.5 | -26.8 | -732 | -1,367 |
| ROE (net income / shareholders' equity) | - | -31.6% | -46.1% | -119% | -192% | -120% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - |
| Capex 1 | - | 50.3 | 10.7 | 8.64 | 678 | 1,321 |
| Capex / Sales | - | 369.76% | - | 55.4% | 1,059.38% | 841.4% |
| Announcement Date | 4/18/21 | 3/23/22 | 4/26/23 | 3/21/24 | - | - |
1NOK in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
0.419
NOK
Average target price
0.42
NOK
Spread / Average Target
+0.24%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -72.07% | 8.07M | |
| +654.64% | 3.58B | |
| -6.45% | 2.85B | |
| -2.94% | 1.64B | |
| -14.39% | 928M | |
| -9.45% | 834M | |
| -34.11% | 707M | |
| -20.73% | 635M | |
| +67.55% | 570M | |
| -13.43% | 546M |
- Stock Market
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- NSOL Stock
- Financials Norsk Renewables