Edda Wind ASA

Edda Wind ASA

EWIND.OL
Edda Wind ASANO flagOslo Stock Exchange
22.70
NOK
- -
- -
2.94BMarket Cap
Edda Wind ASA
EWIND.OL
(Oslo Stock Exchange)

Recent

price

22.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
- -
0.16
0.29
0.18
0.67
0.42
0.36
0.52
0.36
Revenue per Share
- -
-0.03
0.05
0.05
0.06
0.03
0.01
0.03
-0.02
Basic EPS, GAAP
- -
-0.53
0.14
0.03
-2.42
-1.29
-2.44
-1.18
-1.08
Free Cash Flow per Basic Share
- -
- -
- -
0.01
- -
- -
- -
- -
- -
Dividend per Share
- -
0.46
0.51
0.56
1.04
0.61
0.4
0.37
0.37
Book Value per Share
- -
0.48
0.56
1.02
5.14
2.86
2.85
2.73
2.66
Tangible Book Value per Share
- -
62
62
62
36
64
102
121
125
Basic Weighted Avg Shares
- -
10
18
11
24
27
37
63
45
Sales/Revenue/Turnover
- -
11.53
35.27
-17.09
12.59
12.53
-0.51
0.54
-48.09
Operating Margin (%)
- -
2
3
3
3
3
7
12
13
Depreciation Expense
- -
-2
3
3
2
2
1
4
-3
Net Income, GAAP
- -
- -
11.16
0.59
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
-20.01
17.84
27.8
9.37
7.19
2.67
6.03
-5.9
Profit Margin (%)
-46
6
3
35
90
33
17
-9
21
Working Capital
- -
48
46
79
111
146
257
309
319
LT Debt
2
30
34
63
184
184
290
330
332
Total Equity
- -
- -
6.65
-1.58
1.34
1.06
-0.04
0.05
- -
Return on Invested Capital (%)
- -
- -
5.55
4.13
2.6
2.12
0.38
1.27
9.53
Return on Capital (%)
- -
-12.93
10.78
9.19
6.28
5.07
2.48
8.89
-6.36
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'24
Dec'24
Mar'25
ST Debt
21
49
47
LT Borrowings
299
309
319
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
129
129
129
Market Capitalization
201
194
184

Working Capital

FRC

in mil. unless spec.
Sep'24
Dec'24
Mar'25
Total Current Assets
55
55
98
Cash, Cash Equivalents & STI
35
33
38
Accounts Receivable, Net
15
18
12
Inventories
- -
- -
- -
Total Current Liabilities
33
64
77
Payables & Accruals
- -
- -
- -
ST Debt
21
49
47
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
69.28%
13.99%
Free Cash Flow
- -
-979.51%
-42.39%
Net Income, GAAP
- -
37.7%
282.57%
Sales/Revenue/Turnover
- -
40.09%
69.43%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
4
5
7
7
37
2024
7
9
11
13
63
2025
12
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.01
- -
0.02
-0.03
0.01
2024
0.03
-0.03
- -
- -
0.03
2025
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
Business
Edda Wind ASA Edda Wind ASA develops, builds, owns, operates and charters purpose-built service operation vessels (SOVs) and commissioning service operation vessels (CSOVs) to support the commissioning and operations of offshore wind farms worldwide; its fleet includes two SOVs and seven CSOVs with three additional CSOVs under construction, all designed with battery hybrid propulsion systems for at least 30% greenhouse gas reductions versus prior-generation vessels and prepared for zero-emission operations using technologies such as liquid organic hydrogen carriers or methanol; the vessels feature motion-compensated gangways, high-capacity cranes, efficient deck layouts, single-occupancy cabins for technicians and advanced safety systems to enable personnel and cargo transfers in harsh offshore conditions. Founded in 2015 in Haugesund, Norway, by the Østensjø Group and later partnered with Wilhelmsen in 2020, Edda Wind ASA operates from its headquarters at Spannavegen 152 in Haugesund, serving clients including Siemens Gamesa and Vestas across global markets with a focus on the North Sea and expanding offshore wind regions; the company emphasizes full-service delivery encompassing vessel operations, crewing, maintenance and sustainability innovations in collaboration with shipyards and energy firms. In 2025, Edda Wind ASA commenced new long-term charter contracts for its Nordri Enabler, Sudri Enabler and Vestri Enabler vessels with new clients, reinforcing a booked utilization rate exceeding 85% for the year amid rising tender activity and day rates; it completed the sale of the Mistral Enabler CSOV in April following the prior divestiture of its sister vessel Edda Passat in 2024 to streamline its modern, emission-ready fleet; major shareholders Geveran Trading Co Ltd, Wilhelmsen New Energy AS and EPS Ventures Ltd launched an unconditional mandatory cash offer in late April at NOK 23 per share, culminating in a compulsory acquisition and delisting from Oslo Børs by June 2025, after which the company operates as a private entity owned by these investors.