Nekkar ASA

Nekkar ASA

1.43
EUR
+0.00
(-0.35%)
0.07EPS
1.50P/E
32.21MMarket Cap
Nov 05Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
31.17
28.38
35.28
2.34
2.44
2.53
2.52
3.4
4.51
3.64
5.41
5.93
5.67
2.76
Basic EPS, GAAP
-2.37
0.21
-0.56
-1.4
-0.39
-0.33
1.85
-0.33
1.04
0.3
0.76
0.79
-0.41
2.19
Free Cash Flow per Basic Share
-2.03
-2.46
-0.28
-1.23
0.25
0.66
0.43
1.07
-0.76
0.06
0.53
1.11
0.16
- -
Dividend per Share
1
- -
- -
0.6
0.14
- -
4
- -
- -
- -
- -
- -
0.06
- -
Book Value per Share
6.55
7.06
7.34
5.46
5.27
4.11
2.06
1.75
2.79
3.1
3.81
4.05
3.02
2.07
Tangible Book Value per Share
-0.57
-0.25
-2.42
-2.41
5.2
4.04
1.74
1.34
2.26
2.4
3.18
2.09
1.07
1.4
Basic Weighted Avg Shares
86
86
86
86
86
87
106
106
106
106
106
105
101
102
Sales/Revenue/Turnover
2,693
2,454
3,051
202
211
220
267
359
480
388
575
624
571
280
Operating Margin (%)
-6.09
2.49
-0.21
-7.39
4.34
7.1
12.41
24.39
27.96
14.66
18.72
13.04
-2.33
21.92
Depreciation Expense
34
40
58
142
2
2
3
3
6
10
8
12
18
3
Net Income, GAAP
-204
18
-49
-121
-34
-29
196
-35
110
32
81
83
-41
222
Effective Tax Rate (%)
- -
193.8
- -
- -
- -
11.2
- -
1.25
15.78
23.41
23.75
13.95
- -
- -
Profit Margin (%)
-7.59
0.72
-1.6
-59.73
-15.89
-12.98
73.45
-9.66
22.96
8.22
14.13
13.26
-7.17
79.37
Working Capital
-86
-197
-200
101
575
476
158
119
228
258
315
257
165
159
LT Debt
184
88
- -
272
- -
- -
- -
5
4
3
9
9
17
- -
Total Equity
567
610
855
616
607
514
234
203
316
351
427
489
368
235
Return on Invested Capital (%)
- -
-6.32
- -
- -
- -
1.53
- -
33.61
43.49
13
19.72
14.96
- -
- -
Return on Capital (%)
- -
-2.44
- -
- -
- -
-3.99
- -
-16.45
41.8
9.94
21.18
18.96
- -
- -
Return on Common Equity (%)
-30.03
3.01
-7.82
-21.85
-7.23
-7.03
68.09
-17.23
45.68
10.14
22.1
20.09
-11.45
77.71

Capital Structure

NOK

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
ST Debt
1
1
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
106
106
106
Market Capitalization
309
206
348

Working Capital

NOK

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
Total Current Assets
367
340
472
Cash, Cash Equivalents & STI
306
261
256
Accounts Receivable, Net
59
38
214
Inventories
1
7
3
Total Current Liabilities
229
182
314
Payables & Accruals
- -
- -
- -
ST Debt
1
1
- -
Deferred Revenue
- -
- -
- -

Growth Rates

NOK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.44%
15.55%
-24.73%
Free Cash Flow
102.51%
102.85%
-85.93%
Net Income, GAAP
-132.24%
-96.22%
-149.5%
Sales/Revenue/Turnover
3.38%
12.54%
-8.41%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
150
- -
181
624
2025
- -
139
- -
197
571
2026
- -
129
- -
- -
- -

Quarterly Earnings Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.19
- -
0.14
0.79
2025
- -
-0.1
- -
-0.15
-0.41
2026
- -
0.01
- -
- -
- -

Quarterly Dividends Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.06
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ole Falk Hansen
Full Time Employees
130
Sector
Producer manufacturing
Industry
Trucks/Construction/Farm machinery
Address
Lumberveien 27 Kristiansand VA Norway 4621
IPO Date
May 2, 1995
Website
nekkar.com
Business
Nekkar ASA operates as a Norway-based industrial technology group focused on developing and delivering advanced solutions for ocean-based industries including offshore energy, renewables, aquaculture, and shipyards. Founded in 1966 and headquartered in Kristiansand, Norway, the company functions as a long-term owner of technology companies utilizing smart design, digitalization, and electrification to enhance efficiency and sustainability. Its core offerings encompass shipyard solutions through Syncrolift, Intellilift, and Techano Oceanlift segments, including shiplifting systems for vessel launching and retrieval, transfer systems for intra-yard vessel movement, FastDocking products for docking and maintenance operations, and related services such as upgrades, spare parts, and maintenance; load handling and lifting equipment like cranes, gangways, and fish transfer systems for aquaculture and offshore energy; FiiZK closed cage solutions for sea lice prevention and waste collection in aquaculture; SkyWalker wind turbine installation tools for renewables; and industrial software for workflow digitalization, automation, and remote control of drilling and offshore load handling. Nekkar generates significant revenue from its Shipyard Solutions segment and maintains operations across Europe, Turkey, South and Southeast Asia, North America, the United Arab Emirates, Africa, Australia, New Zealand, South America, India, and other international markets, targeting shipyards, naval bases, ship owners, offshore operators, aquaculture producers, and renewables developers. Recent developments include the July 2024 agreement to acquire a majority stake in Globetech AS, a profitable maritime connectivity and digital services provider offering ICT infrastructure, satellite communications, cybersecurity software, and support for over 150 vessels in shipping and offshore sectors, with full ownership targeted by 2027 to diversify revenue through recurring license fees and synergies in digitalization; a July 2025 contract award to a subsidiary for ship transfer systems; an October 2024 Norwegian shiplift project notice to Syncrolift; and coverage initiation by SpareBank 1 Markets in August 2025 with a Buy recommendation and NOK 15 target price.