Financials Norsk Renewables

Equities

NSOL

NO0010941925

Electric Utilities

Market Closed - Oslo Bors 10:45:00 2024-07-12 am EDT 5-day change 1st Jan Change
0.266 NOK 0.00% Intraday chart for Norsk Renewables -3.27% -82.27%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 542 267.7 113.7 55.62 - -
Enterprise Value (EV) 1 496 267.7 190 699.8 1,755 2,054
P/E ratio -15.9 x - -1.64 x -0.89 x -1.11 x -1.16 x
Yield - - - - - -
Capitalization / Revenue 39.9 x - 7.29 x 0.87 x 0.35 x 0.29 x
EV / Revenue 36.5 x - 12.2 x 10.9 x 11.2 x 10.6 x
EV / EBITDA -22.8 x - -3.61 x -28 x 39 x 28.1 x
EV / FCF -7.17 x -3.09 x -7.09 x -0.96 x -1.28 x -1.37 x
FCF Yield -14% -32.3% -14.1% -105% -77.9% -73.2%
Price to Book - - - - - -
Nbr of stocks (in thousands) 74,770 74,770 75,825 209,106 - -
Reference price 2 7.249 3.580 1.500 0.2660 0.2660 0.2660
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 2026
Net sales 1 11.68 13.59 - 15.6 64 157 194
EBITDA 1 - -21.8 - -52.7 -25 45 73
EBIT 1 - -32.2 - -62.35 -37 -7 5
Operating Margin - -236.89% - -399.75% -57.81% -4.46% 2.58%
Earnings before Tax (EBT) 1 - -34.4 - -74.93 -66 -98 -108
Net income 1 -20.3 -34.02 - -69.3 -77 -119 -132
Net margin -173.88% -250.24% - -444.31% -120.31% -75.8% -68.04%
EPS 2 - -0.4550 - -0.9140 -0.3000 -0.2400 -0.2300
Free Cash Flow 1 - -69.23 -86.51 -26.79 -732 -1,367 -1,504
FCF margin - -509.29% - -171.77% -1,143.75% -870.7% -775.26%
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 S1 2021 S2 2022 Q1 2022 S1 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2
Net sales 1 6.775 6.815 1.779 5.665 2.019 5.712 6.024 1.842 8.648 15.8
EBITDA 1 -4.115 -17.74 - -2.6 -17.8 -5.1 -13.4 -16.39 -8.6 -6.3
EBIT 1 -9.095 -23.16 -20.02 -5.89 -20.06 -7.558 -15.88 -18.86 -10.87 -8.1
Operating Margin -134.24% -339.77% -1,125.41% -103.97% -993.71% -132.32% -263.56% -1,023.62% -125.67% -51.27%
Earnings before Tax (EBT) 1 -13.8 -20.63 -22.56 2.427 -17.35 -7.487 -18.64 -31.46 -8.493 -12.8
Net income 1 -13.34 -20.7 -29.86 1.734 -18.79 -6.263 -17.96 -29.73 -6.097 -15.7
Net margin -196.93% -303.7% -1,678.7% 30.61% -930.86% -109.65% -298.12% -1,614.01% -70.5% -99.37%
EPS 2 -0.1800 -0.2900 -0.4000 -0.1800 -0.2479 -0.0826 -0.2368 -0.3466 -0.0804 -0.0700
Dividend per Share - - - - - - - - - -
Announcement Date 8/19/21 3/23/22 6/14/22 8/31/22 6/14/23 8/30/23 11/29/23 3/21/24 5/30/24 -
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 76.3 644 1,699 1,999
Net Cash position 1 - 46 - - - - -
Leverage (Debt/EBITDA) - - - -1.448 x -25.77 x 37.76 x 27.38 x
Free Cash Flow 1 - -69.2 -86.5 -26.8 -732 -1,367 -1,504
ROE (net income / shareholders' equity) - -31.6% -46.1% -119% -192% -120% -89%
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 1,464
Capex / Sales - 369.76% - 55.4% 1,059.38% 841.4% 754.64%
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

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
0.266 NOK
Average target price
0.42 NOK
Spread / Average Target
+57.89%
Consensus
  1. Stock Market
  2. Equities
  3. NSOL Stock
  4. Financials Norsk Renewables