Vow ASA

Vow ASA

2.88
NOK
-0.12
(-4.00%)
-0.59EPS
636.00MMarket Cap
Nov 18Next 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
1.72
1.45
1.5
1.28
1.84
2.45
2.77
3.03
2.85
4.88
5.73
8.44
3.56
3.66
Basic EPS, GAAP
0.05
-0.09
0.03
-0.04
0.09
0.2
-0.1
0.18
2.03
0.09
-0.97
-1.1
-0.99
-0.62
Free Cash Flow per Basic Share
0.01
-0.54
0.11
-0.1
0.04
0.15
-0.29
-0.46
-0.49
-1.18
-0.75
0.72
0.07
0.3
Dividend per Share
- -
- -
- -
- -
- -
- -
0.07
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.22
0.34
0.37
0.34
0.43
0.69
1.54
2.08
3.24
3.3
2.45
1.72
0.74
0.68
Tangible Book Value per Share
-0.34
0.19
0.19
0.12
0.2
0.41
-0.04
0.11
0.94
0.11
-1.22
-0.51
-1.14
-1.14
Basic Weighted Avg Shares
99
100
133
135
135
135
138
152
159
160
160
121
290
300
Sales/Revenue/Turnover
170
146
200
172
247
330
381
460
454
783
919
1,018
1,034
1,098
Operating Margin (%)
11.7
2.35
4.64
-2.85
9.47
10.89
9.19
5.59
3.83
6.89
-11.61
0.11
-10.31
-1.14
Depreciation Expense
1
1
3
2
4
3
11
22
24
32
52
58
167
166
Net Income, GAAP
5
-9
4
-5
13
26
-13
28
323
14
-155
-132
-287
-187
Effective Tax Rate (%)
28.42
- -
37.14
- -
29.61
21.26
- -
0.71
- -
35.43
- -
- -
- -
- -
Profit Margin (%)
3.03
-6.37
2.2
-2.8
5.1
7.98
-3.55
6.07
71.2
1.83
-16.9
-13
-27.71
-17.07
Working Capital
-9
26
27
17
33
67
87
130
238
73
30
64
-308
-319
LT Debt
20
- -
1
1
1
1
108
125
251
218
414
315
90
83
Total Equity
-21
45
50
45
58
93
232
321
524
531
396
505
227
210
Return on Invested Capital (%)
54.31
- -
7.15
- -
20.24
31.82
- -
3.54
- -
3.68
- -
- -
- -
- -
Return on Capital (%)
33.26
- -
6.43
- -
18.16
30.85
- -
7.82
- -
2.73
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
9.27
-10.08
24.39
34.79
-8.33
10.13
76.74
2.72
-33.66
-29.66
-80.01
-63.79

Capital Structure

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
373
292
413
LT Borrowings
34
153
23
LT Finance Leases
57
53
60
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
290
290
290
Market Capitalization
819
681
636

Working Capital

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
431
404
368
Cash, Cash Equivalents & STI
23
13
14
Accounts Receivable, Net
172
203
257
Inventories
37
22
22
Total Current Liabilities
739
604
687
Payables & Accruals
- -
- -
- -
ST Debt
373
292
413
Deferred Revenue
- -
- -
- -

Growth Rates

NOK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.82%
2.31%
-54.93%
Free Cash Flow
-40.79%
-26.1%
-76.97%
Net Income, GAAP
-104.12%
-24.07%
116.47%
Sales/Revenue/Turnover
20.02%
20.18%
1.57%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
253
268
266
1,018
2025
245
228
214
347
1,034
2026
284
253
- -
- -
- -

Quarterly Earnings Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
-0.18
-0.11
-0.27
-1.1
2025
-0.19
-0.22
-0.19
-0.4
-0.99
2026
-0.08
0.02
- -
- -
- -

Quarterly Dividends Per Share

NOK

•

in mil. unless spec.

Year

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

Company Description

CEO
Gunnar Pedersen
Full Time Employees
245
Sector
Industrial services
Industry
Environmental services
Address
Wergelandsveien 7 Oslo PS Norway 0244
IPO Date
Apr 11, 2014
Website
vowasa.com
Business
Vow ASA Vow ASA develops and supplies advanced technology solutions that convert biomass and waste into valuable resources and clean energy, serving the maritime, industrial, and aquaculture sectors to drive decarbonization and pollution prevention. The company offers core products and services through its subsidiaries and brands, including Scanship systems for wastewater purification, food waste processing, solid waste management, and bio sludge treatment primarily for cruise ships, aquaculture facilities, and land-based industries; Etia's Biogreen pyrolysis technology for valorizing biomass residues, plastics, sewage sludge, and end-of-life tires into renewable products, low-carbon fuels, and fossil-free energy; Safesteril's chemical-free sterilization systems for food and pharmaceutical ingredients such as spices and herbs; C.H. Evensen's customized industrial furnaces for heat treatment, hot-dip galvanizing, and decarbonization processes using electricity, gas, or hybrid energy; and Vow Automation's digitized control systems integrated with its technologies. Vow ASA operates in over 50 countries with offices in Norway, France, Poland, the United States, and Italy; it was founded in 1993 as Scanship, reorganized and renamed from Scanship Holding ASA in January 2020 following the acquisition of Etia S.A.S., and is headquartered in Lysaker, Oslo, Norway. Recent developments include the November 2025 award of a EUR 13.8 million contract from a major European shipyard for Scanship equipment deliveries to four cruise newbuilds starting in 2026 with options for six more vessels valued at EUR 22 million; the acquisition of C.H. Evensen in 2022 to expand pyrolysis and heat treatment capabilities; a strategic partnership with Repsol S.A. through Etia for decarbonization applications; and the June 2025 settlement from the sale of its shares in Vow Green Metals AS alongside loan repayment.

Company News

  • Vow ASA (SSHPF) Q2 2026 Earnings Call Transcript

  • Vow ASA (SSHPF) Q1 2026 Earnings Call Transcript

  • Vow ASA: Mandatory notification of Trade by Primary Insider

  • Vow ASA (SSHPF) Q4 2025 Earnings Call Transcript

  • Vow ASA: Record Q4 revenues and strategy revision concluded

  • Vow ASA: Contract of EUR 27 million awarded for equipment deliveries to four newbuilds

  • Vow ASA: Invitation to presentation of Q4 2025 financial results

  • Vow ASA: Expected non-cash accounting impairment

  • Vow ASA: Mandatory notification of trade by primary insiders and their close associates

  • Vow ASA: Contract of EUR 29.6 million awarded for equipment deliveries to two newbuilds

  • Vow ASA: Mandatory notification of trade by primary insiders and their close associates

  • Vow ASA: Contract of EUR 13.8 million awarded for equipment deliveries to four cruise newbuilds, additional six options to be called upon

  • Vow ASA (SSHPF) Q3 2025 Earnings Call Transcript

  • Vow ASA: Invitation to presentation of Q3 2025 financial results

  • Vow ASA: Trading update

  • Vow ASA: Vow to deliver large pyrolysis reactor to Vow Green Metal at Follum in Q4 2025

  • Vow ASA: Covenant waiver obtained

  • Vow ASA: New cruise newbuild order confirmed, additional option remains

  • Vow ASA: Notification of trade by close associate of primary insider

  • Vow ASA: Notification of trade by close associate of primary insider