1. Norway Stocks

  2. •

    Technology

  3. •

    Hardware, Equipment & Parts
Norbit ASA

Norbit ASA

NORBT.OL
Norbit ASANO flagOslo Stock Exchange
179.70
NOK
-0.80
- -
11.51BMarket Cap
Norbit ASA
NORBT.OL
(Oslo Stock Exchange)

Recent

price

179.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
8.76
7.14
8.06
10.23
12.5
10.9
13.71
19.9
25.5
28.4
39.26
42.52
Revenue per Share
0.2
-0.14
0.66
1.11
1.45
0.48
0.83
1.82
3.11
3.94
6.34
6.67
Basic EPS, GAAP
-0.27
0.06
-0.6
-1.39
-0.77
-0.79
-0.75
-0.11
4.02
4.64
4.7
6.3
Free Cash Flow per Basic Share
- -
0.09
- -
0.37
0.11
0.6
0.3
0.3
0.7
2.48
6
5.99
Dividend per Share
0.01
0.93
1.66
2.44
3.14
2.83
3.29
4.76
7.15
8.3
8.63
10.18
Book Value per Share
0.07
-0.09
0.69
1.25
5.77
4.67
3.02
4.37
6.36
3.91
3.74
5.52
Tangible Book Value per Share
43
43
43
43
53
57
57
59
60
62
64
64
Basic Weighted Avg Shares
380
310
350
438
668
619
788
1,168
1,519
1,751
2,502
2,713
Sales/Revenue/Turnover
9.27
-1.38
1.68
8.68
13.78
7.16
9.19
12.75
18.69
19.71
22.19
21.53
Operating Margin (%)
19
23
33
37
47
49
69
86
108
132
157
168
Depreciation Expense
9
-6
28
48
77
27
48
107
185
243
404
426
Net Income, GAAP
27.66
- -
- -
12.8
19.03
21.55
24.96
11.67
24.72
23.56
23.18
22.92
Effective Tax Rate (%)
2.29
-2.01
8.14
10.87
11.56
4.41
6.08
9.14
12.2
13.89
16.16
15.69
Profit Margin (%)
13
-7
18
38
221
119
170
239
310
492
439
509
Working Capital
55
68
77
91
20
26
169
179
160
522
604
569
LT Debt
73
68
115
158
444
437
498
599
793
1,157
1,212
1,310
Total Equity
- -
- -
- -
10.63
17.96
6.69
7.92
14.57
20.03
17.86
21.7
23.19
Return on Invested Capital (%)
- -
- -
- -
20.97
33.36
11.82
14.01
21.14
30.89
33.1
39.29
35.51
Return on Capital (%)
- -
-30.45
50.6
53.98
56.82
16.62
27.37
45.55
52.56
51.9
76.13
68.36
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
58
113
49
LT Borrowings
445
449
426
LT Finance Leases
111
155
144
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
64
64
64
Market Capitalization
11,731
11,933
12,163

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,182
1,220
1,220
Cash, Cash Equivalents & STI
144
145
221
Accounts Receivable, Net
247
221
172
Inventories
690
732
715
Total Current Liabilities
661
780
711
Payables & Accruals
- -
- -
- -
ST Debt
58
113
49
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
39.59%
23.46%
4.68%
Free Cash Flow
-515.91%
-792.27%
4.75%
Net Income, GAAP
-29.53%
73.87%
66.17%
Sales/Revenue/Turnover
22.85%
32.76%
42.89%
Total Cash Common Dividend
- -
101.62%
150.03%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
404
419
372
556
1,751
2025
522
684
505
791
2,502
2026
732
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.5
1.2
0.56
1.67
3.94
2025
1.41
2.06
0.81
2.06
6.34
2026
1.74
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
2.55
- -
- -
2.48
2025
- -
3
- -
3
6
2026
- -
- -
- -
- -
- -
Similar Companies
BH Co., Ltd. (090460.KQ)
AT & S Austria Technologie & Systemtechnik AG (AUS.DE)
Huddly AS (HUDLF)
Satellogic Inc. (SATLW)
Xiamen Xindeco Ltd. (000701.SZ)
Centum Electronics Limited (CENTUM.BO)
Business
Norbit ASA provides tailored technology solutions to selected niche markets across maritime, connectivity, and product innovation sectors. Founded in 1995 and headquartered in Trondheim, Norway, the company operates through three main business segments: Oceans, which delivers advanced sonar systems including forward-looking sonars, bathymetric sonars, sub-bottom profilers, integrated LIDAR and GPS solutions for surface and subsea imaging, mapping, marine surveying, and monitoring to global maritime customers; Connectivity, which offers wireless solutions for asset identification, monitoring, and tracking such as CEN dedicated short-range communication (DSRC) devices, satellite-based truck tolling systems, smart tachographs, battery-operated DSRC on-board units, GNSS and GSM antennas, intelligent traffic systems, vehicle monitoring, fleet management, fuel control, and connected solutions for digitization via data collection, sensor analysis, cloud computing, and data fusion; and Product Innovation & Realization (PIR), which provides research and development services, proprietary product development in fields like radar, ultrasound, sonar, navigation systems, radio, and antennas, alongside contract manufacturing and total client product management. Norbit maintains manufacturing facilities in Norway, the USA, and Hungary, with R&D operations in these locations and a worldwide sales and distribution platform exporting products to over 60 countries, serving diverse customers in maritime, traffic management, automotive, industrial innovation, and electronic equipment sectors with approximately 500 employees. Recent strategic developments include the June 2024 acquisition of INNOMAR Technologie GmbH, a Germany-based market leader in parametric sub-bottom profilers for seafloor and subsurface imaging used in offshore wind farm installations, dredging, geological surveys, and object detection, broadening the Oceans segment portfolio, diversifying revenue streams, and enhancing underwater acoustics capabilities through synergies in market reach and R&D; earlier, in February 2023, Norbit acquired IoT start-up CPS AS to strengthen its Connectivity segment with tailored IoT platforms for recycling and digitalization applications.