Nordic Financials ASA

Nordic Financials ASA

OOSL:NOFIN
1.25
NOK
-0.01
(-0.79%)
-0.07EPS
36.63MMarket Cap
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
- -
-0.01
8.91
0.05
0.05
0.05
- -
2.14
0.03
6.02
- -
- -
- -
- -
Basic EPS, GAAP
0.7
-0.02
-3.39
-0.04
-0.04
- -
- -
-0.6
- -
-4.51
-2.16
-0.07
- -
-0.01
Free Cash Flow per Basic Share
-2.04
0.7
4.23
-0.03
-0.02
0.02
- -
0.42
-0.01
-8.18
1.41
0.06
- -
-0.01
Dividend per Share
0.19
0.35
2.94
0.02
- -
- -
- -
0.58
- -
- -
- -
- -
- -
- -
Book Value per Share
3.43
0.01
27.7
0.12
0.11
0.11
0.01
21.56
0.13
18.73
15.54
- -
0.12
0.11
Tangible Book Value per Share
3.43
0.01
27.7
0.12
0.11
0.11
0.01
21.56
0.13
18.73
15.54
- -
0.12
0.11
Basic Weighted Avg Shares
29
29
- -
412
577
611
639
3
684
5
10
24
1,236
151
Sales/Revenue/Turnover
- -
- -
1
23
31
33
- -
7
18
28
- -
- -
- -
- -
Operating Margin (%)
- -
173.57
35.34
-0.96
6.68
24.84
-1,306.17
-84.38
-27.7
-17.28
- -
- -
- -
2,764.49
Depreciation Expense
- -
- -
- -
9
13
14
- -
4
9
15
20
1
- -
- -
Net Income, GAAP
20
- -
- -
-17
-25
-2
3
-2
-3
-21
-21
-2
-1
-1
Effective Tax Rate (%)
- -
- -
- -
- -
- -
197.57
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
191.47
-38.04
-75.26
-80.2
-4.78
3,885.36
-27.98
-16.1
-74.8
- -
- -
- -
3,042.22
Working Capital
100
- -
- -
4
7
18
8
35
52
34
27
- -
1
1
LT Debt
- -
- -
9
93
110
119
3
33
79
138
131
- -
- -
- -
Total Equity
100
- -
5
55
61
71
8
80
103
91
76
- -
2
2
Return on Invested Capital (%)
1.93
- -
- -
- -
- -
-3.46
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
14.13
- -
- -
- -
- -
-3.82
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
22.04
-0.92
-13.85
-56.78
-43.3
-2.37
7.12
-4.42
-3.24
-21.45
-25.16
-4.31
-82.15
-68.45

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
20
Market Capitalization
3
3
3

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1
1
1
Cash, Cash Equivalents & STI
1
1
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1,806.67%
3,239.85%
16,299.88%
Free Cash Flow
-368.29%
19.28%
-243.07%
Net Income, GAAP
471.49%
104.57%
-38.19%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

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

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
- -
- -
-0.02
-0.07
2025
-0.01
- -
-0.01
- -
- -
2026
-0.01
-0.01
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

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

Company Description

CEO
Halldor Christen Tjoflaat
Full Time Employees
98
Sector
Utilities
Industry
Alternative power generation
Address
Thunes vei 2 Oslo PS Norway 0274
IPO Date
Nov 7, 2011
Business
Nordic Financials ASA is an Oslo-based investment company focused on the renewable energy sector, with an emphasis on solar power and related infrastructure. The firm sources, develops, acquires, and operates solar power assets, primarily in Italy, and engages in value-added activities within the second-hand solar park market, while pursuing development and construction opportunities alongside asset acquisitions. Headquartered in Oslo, Norway, the company was founded in 2011 and maintains ongoing operations across Nordic and European markets, concentrating on energy production, asset management, and strategic ownership in solar energy projects. Nordic Financials’ business model centers on active ownership, value creation through operational improvements and portfolio optimization, and selective investments in solar parks and related renewable energy ventures. The company communicates a concentrated investment approach, aiming to support growth and turnaround initiatives within early-stage to mature renewable energy companies, leveraging its experience in refinancing, growth strategy development, and structured capital solutions. Recent corporate activity includes a rights issue to fund growth initiatives and strategic reviews of portfolio assets, along with announcements of potential acquisitions and expansion plans in the renewable sector. The latest publicly disclosed updates mention ongoing fundraising efforts, a re-emphasized focus on Italian solar assets, and continued evaluation of new opportunities to reinforce the portfolio and accelerate value creation for shareholders.