1. Norway Stocks

  2. •

    Industrial services

  3. •

    Engineering & construction
Norbit ASA

Norbit ASA

158.40
NOK
-4.30
(-2.64%)
7.05EPS
24.13P/E
10.92BMarket Cap
Nov 12Next Earn
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
8.76
7.14
8.06
10.23
12.5
10.9
13.71
19.9
25.5
28.4
39.26
44.8
Basic EPS, GAAP
0.2
-0.14
0.66
1.11
1.45
0.48
0.83
1.82
3.11
3.94
6.34
7.07
Free Cash Flow per Basic Share
-0.27
0.06
-0.6
-1.39
-0.77
-0.79
-0.75
-0.11
4.02
4.64
4.7
7.52
Dividend per Share
- -
0.09
- -
0.37
0.11
0.6
0.3
0.3
0.7
2.48
6
8
Book Value per Share
1.05
0.93
1.86
2.61
7.8
7.68
8.52
10.18
13.23
18.19
18.96
18.24
Tangible Book Value per Share
-0.19
-0.33
0.36
0.77
5.42
4.66
2.97
4.35
6.32
3.79
3.73
3
Basic Weighted Avg Shares
43
43
43
43
53
57
57
59
60
62
64
64
Sales/Revenue/Turnover
380
310
350
438
668
619
788
1,168
1,519
1,751
2,503
2,860
Operating Margin (%)
9.27
-1.38
1.68
8.68
13.78
7.16
9.19
12.75
18.69
19.71
22.19
21.5
Depreciation Expense
19
23
33
37
47
49
69
87
108
132
157
180
Net Income, GAAP
9
-6
28
48
77
27
48
107
185
243
404
451
Effective Tax Rate (%)
27.66
- -
- -
12.8
19.03
21.55
24.96
11.67
24.72
23.56
23.18
21.96
Profit Margin (%)
2.29
-2.01
8.14
10.87
11.56
4.41
6.08
9.14
12.2
13.89
16.16
15.78
Working Capital
13
-7
18
38
221
119
171
239
310
492
439
346
LT Debt
55
68
77
91
20
26
169
179
160
522
605
594
Total Equity
73
68
115
158
444
437
498
599
793
1,157
1,212
1,167
Return on Invested Capital (%)
- -
- -
- -
10.63
20.08
6.69
8.04
14.57
20.05
17.68
21.7
25.21
Return on Capital (%)
- -
- -
- -
18.3
20.25
5.47
7.97
13.65
20.44
20.95
25.14
24.96
Return on Common Equity (%)
- -
-11.07
35.99
37.56
26.14
6.21
10.25
19.45
26.61
24.94
34.14
38.24

Capital Structure

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
113
49
100
LT Borrowings
449
426
429
LT Finance Leases
155
144
165
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
64
64
64
Market Capitalization
12,101
11,948
10,915

Working Capital

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,220
1,220
1,260
Cash, Cash Equivalents & STI
145
221
140
Accounts Receivable, Net
221
172
307
Inventories
732
715
717
Total Current Liabilities
780
711
914
Payables & Accruals
- -
- -
- -
ST Debt
113
49
100
Deferred Revenue
- -
- -
- -

Growth Rates

NOK

•

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

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
404
419
372
556
1,751
2025
522
684
505
791
2,503
2026
732
832
- -
- -
- -

Quarterly Earnings Per Share

NOK

•

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
2.46
- -
- -
- -

Quarterly Dividends Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
2.55
- -
- -
2.48
2025
- -
2.99
- -
3
6
2026
- -
5
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Per Jørgen Weisethaunet
Full Time Employees
672
Sector
Industrial services
Industry
Engineering & construction
Address
Stiklestadveien 1 Trondheim NT Norway 7041
IPO Date
Jun 20, 2019
Website
norbit.com
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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.