Eidesvik Offshore ASA Logo

Eidesvik Offshore ASA

EIOF.OL

(3.0)
Stock Price

14,40 NOK

31% ROA

40.23% ROE

1.26x PER

Market Cap.

991.113.214,00 NOK

57.99% DER

0% Yield

75.51% NPM

Eidesvik Offshore ASA Stock Analysis

Eidesvik Offshore ASA Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Eidesvik Offshore ASA Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (96.83%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 PBV

With a remarkably low PBV ratio (0.75x), the stock offers substantial upside potential at a bargain price.

4 Net Profit Growth

Throughout the past five years, this company has consistently experienced net profit growth, indicating a strong financial performance and making it an attractive investment prospect.

5 DER

The stock has a reasonable amount of debt compared to its ownership (60%), suggesting a balanced financial position and a moderate level of risk.

6 Revenue Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

7 Graham Number

Based on the Graham number, this company's stock price appears to be lower than its intrinsic value, signaling a potentially favorable investment choice.

8 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (39) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

9 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

11 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

Eidesvik Offshore ASA Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Eidesvik Offshore ASA Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Eidesvik Offshore ASA Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Eidesvik Offshore ASA Revenue
Year Revenue Growth
2004 570.579.000
2005 668.900.000 14.7%
2006 855.992.000 21.86%
2007 752.946.000 -13.69%
2008 965.150.000 21.99%
2009 1.202.041.000 19.71%
2010 1.057.973.000 -13.62%
2011 1.002.350.000 -5.55%
2012 910.018.000 -10.15%
2013 948.425.000 4.05%
2014 984.535.000 3.67%
2015 1.123.931.000 12.4%
2016 748.800.000 -50.1%
2017 599.285.000 -24.95%
2018 478.725.000 -25.18%
2019 632.862.000 24.36%
2020 510.445.000 -23.98%
2021 569.481.000 10.37%
2022 634.722.000 10.28%
2023 782.352.000 18.87%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Eidesvik Offshore ASA Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 2.417.000 100%
2013 1.753.000 -37.88%
2014 1.382.000 -26.85%
2015 151.000 -815.23%
2016 29.000 -420.69%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Eidesvik Offshore ASA General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 160.304.000
2005 202.096.000 20.68%
2006 256.072.000 21.08%
2007 241.589.000 -5.99%
2008 0 0%
2009 66.539.000 100%
2010 0 0%
2011 0 0%
2012 77.484.000 100%
2013 55.842.000 -38.76%
2014 62.447.000 10.58%
2015 66.352.000 5.89%
2016 49.830.000 -33.16%
2017 44.772.000 -11.3%
2018 46.174.000 3.04%
2019 38.241.000 -20.74%
2020 22.970.000 -66.48%
2021 53.074.000 56.72%
2022 32.168.000 -64.99%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Eidesvik Offshore ASA EBITDA
Year EBITDA Growth
2004 188.285.000
2005 336.959.000 44.12%
2006 562.944.000 40.14%
2007 493.262.000 -14.13%
2008 -191.929.000 357%
2009 1.393.959.000 113.77%
2010 411.923.000 -238.4%
2011 493.485.000 16.53%
2012 314.979.000 -56.67%
2013 225.251.000 -39.83%
2014 74.045.000 -204.21%
2015 -36.017.000 305.58%
2016 76.305.000 147.2%
2017 210.920.000 63.82%
2018 -220.166.000 195.8%
2019 -38.438.000 -472.78%
2020 44.064.000 187.23%
2021 -54.600.000 180.7%
2022 -54.078.000 -0.97%
2023 248.644.000 121.75%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Eidesvik Offshore ASA Gross Profit
Year Gross Profit Growth
2004 543.463.000
2005 623.133.000 12.79%
2006 813.104.000 23.36%
2007 697.669.000 -16.55%
2008 965.150.000 27.71%
2009 1.202.041.000 19.71%
2010 1.057.973.000 -13.62%
2011 1.002.350.000 -5.55%
2012 566.606.000 -76.9%
2013 589.998.000 3.96%
2014 591.698.000 0.29%
2015 713.829.000 17.11%
2016 373.169.000 -91.29%
2017 300.956.000 -23.99%
2018 178.989.000 -68.14%
2019 314.875.000 43.16%
2020 198.970.000 -58.25%
2021 278.580.000 28.58%
2022 402.073.000 30.71%
2023 622.876.000 35.45%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Eidesvik Offshore ASA Net Profit
Year Net Profit Growth
2004 90.118.000
2005 138.826.000 35.09%
2006 296.426.000 53.17%
2007 -46.617.000 735.88%
2008 -603.611.000 92.28%
2009 1.091.352.000 155.31%
2010 -55.970.000 2049.89%
2011 70.439.000 179.46%
2012 282.231.000 75.04%
2013 141.718.000 -99.15%
2014 -173.968.000 181.46%
2015 -196.914.000 11.65%
2016 -553.001.000 64.39%
2017 155.368.000 455.93%
2018 -283.244.000 154.85%
2019 -690.273.000 58.97%
2020 -132.434.000 -421.22%
2021 30.736.000 530.88%
2022 346.056.000 91.12%
2023 169.428.000 -104.25%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Eidesvik Offshore ASA Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 3
2005 4 0%
2006 8 57.14%
2007 -1 800%
2008 -16 93.33%
2009 29 153.57%
2010 -1 2900%
2011 2 200%
2012 7 85.71%
2013 4 -133.33%
2014 -5 175%
2015 -5 20%
2016 -15 64.29%
2017 5 380%
2018 -5 225%
2019 -11 63.64%
2020 -2 -450%
2021 0 0%
2022 6 100%
2023 2 -150%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Eidesvik Offshore ASA Free Cashflow
Year Free Cashflow Growth
2004 -148.773.000
2005 -87.130.000 -70.75%
2006 -479.292 -18078.9%
2007 258.281 285.57%
2008 -198.598.000 100.13%
2009 -811.486.000 75.53%
2010 383.132.000 311.8%
2011 305.177.000 -25.54%
2012 -615.127.000 149.61%
2013 258.501.000 337.96%
2014 349.561.000 26.05%
2015 -325.058.000 207.54%
2016 272.946.000 219.09%
2017 -98.526.000 377.03%
2018 -60.124.000 -63.87%
2019 -95.737.000 37.2%
2020 102.550.000 193.36%
2021 -93.135.000 210.11%
2022 242.646.000 138.38%
2023 78.119.000 -210.61%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Eidesvik Offshore ASA Operating Cashflow
Year Operating Cashflow Growth
2004 273.853.000
2005 278.257.000 1.58%
2006 189.738 -146553.28%
2007 258.322 26.55%
2008 396.563.000 99.93%
2009 402.137.000 1.39%
2010 639.221.000 37.09%
2011 492.657.000 -29.75%
2012 482.800.000 -2.04%
2013 475.867.000 -1.46%
2014 534.808.000 11.02%
2015 649.250.000 17.63%
2016 346.141.000 -87.57%
2017 0 0%
2018 0 0%
2019 0 0%
2020 247.491.000 100%
2021 0 0%
2022 346.056.000 100%
2023 85.468.000 -304.9%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Eidesvik Offshore ASA Capital Expenditure
Year Capital Expenditure Growth
2004 422.626.000
2005 365.387.000 -15.67%
2006 669.030 -54514.44%
2007 41 -1631680.49%
2008 595.161.000 100%
2009 1.213.623.000 50.96%
2010 256.089.000 -373.91%
2011 187.480.000 -36.6%
2012 1.097.927.000 82.92%
2013 217.366.000 -405.11%
2014 185.247.000 -17.34%
2015 974.308.000 80.99%
2016 73.195.000 -1231.11%
2017 98.526.000 25.71%
2018 60.124.000 -63.87%
2019 95.737.000 37.2%
2020 144.941.000 33.95%
2021 93.135.000 -55.62%
2022 103.410.000 9.94%
2023 7.349.000 -1307.13%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Eidesvik Offshore ASA Equity
Year Equity Growth
2004 637.843.000
2005 1.212.079.000 47.38%
2006 1.524.562.000 20.5%
2007 1.425.083.000 -6.98%
2008 818.837.000 -74.04%
2009 1.901.514.000 56.94%
2010 1.840.136.000 -3.34%
2011 1.891.786.000 2.73%
2012 2.134.330.000 11.36%
2013 2.247.547.000 5.04%
2014 2.081.252.000 -7.99%
2015 1.989.843.000 -4.59%
2016 1.416.599.000 -40.47%
2017 1.509.554.000 6.16%
2018 1.424.825.000 -5.95%
2019 729.473.000 -95.32%
2020 480.519.000 -51.81%
2021 521.099.000 7.79%
2022 928.047.000 43.85%
2023 1.518.326.000 38.88%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Eidesvik Offshore ASA Assets
Year Assets Growth
2004 2.265.252.000
2005 3.068.415.000 26.18%
2006 3.385.381.000 9.36%
2007 4.273.040.000 20.77%
2008 4.543.585.000 5.95%
2009 5.267.012.000 13.74%
2010 5.067.460.000 -3.94%
2011 5.101.359.000 0.66%
2012 5.571.476.000 8.44%
2013 5.700.197.000 2.26%
2014 5.556.166.000 -2.59%
2015 6.070.157.000 8.47%
2016 5.068.060.000 -19.77%
2017 4.297.512.000 -17.93%
2018 4.100.576.000 -4.8%
2019 3.360.275.000 -22.03%
2020 3.097.113.000 -8.5%
2021 2.750.583.000 -12.6%
2022 2.339.034.000 -17.59%
2023 2.540.830.000 7.94%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Eidesvik Offshore ASA Liabilities
Year Liabilities Growth
2004 1.565.120.000
2005 1.722.352.000 9.13%
2006 1.860.819.000 7.44%
2007 2.794.357.000 33.41%
2008 3.724.748.000 24.98%
2009 3.365.498.000 -10.67%
2010 3.213.798.000 -4.72%
2011 3.168.398.000 -1.43%
2012 3.370.061.000 5.98%
2013 3.351.910.000 -0.54%
2014 3.430.780.000 2.3%
2015 4.028.343.000 14.83%
2016 3.611.009.000 -11.56%
2017 2.755.506.000 -31.05%
2018 2.675.751.000 -2.98%
2019 2.630.802.000 -1.71%
2020 2.616.594.000 -0.54%
2021 2.229.484.000 -17.36%
2022 1.410.987.000 -58.01%
2023 1.022.504.000 -37.99%

Eidesvik Offshore ASA Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
9.17
Net Income per Share
10.78
Price to Earning Ratio
1.26x
Price To Sales Ratio
1.48x
POCF Ratio
2.33
PFCF Ratio
39.62
Price to Book Ratio
0.7
EV to Sales
2.13
EV Over EBITDA
6.81
EV to Operating CashFlow
3.34
EV to FreeCashFlow
56.9
Earnings Yield
0.79
FreeCashFlow Yield
0.03
Market Cap
0,99 Bil.
Enterprise Value
1,42 Bil.
Graham Number
68.49
Graham NetNet
-8.71

Income Statement Metrics

Net Income per Share
10.78
Income Quality
1.25
ROE
0.68
Return On Assets
0.19
Return On Capital Employed
0.21
Net Income per EBT
1
EBT Per Ebit
1.07
Ebit per Revenue
0.7
Effective Tax Rate
-0.01

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.6
Operating Profit Margin
0.7
Pretax Profit Margin
0.75
Net Profit Margin
0.76

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
5.83
Free CashFlow per Share
0.34
Capex to Operating CashFlow
-0.94
Capex to Revenue
-0.6
Capex to Depreciation
0
Return on Invested Capital
0.32
Return on Tangible Assets
0.31
Days Sales Outstanding
0
Days Payables Outstanding
38.84
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
9.4
Inventory Turnover
0
Capex per Share
-5.49

Balance Sheet

Cash per Share
5,29
Book Value per Share
19,33
Tangible Book Value per Share
20.79
Shareholders Equity per Share
19.33
Interest Debt per Share
12.26
Debt to Equity
0.58
Debt to Assets
0.32
Net Debt to EBITDA
2.07
Current Ratio
2.01
Tangible Asset Value
1,52 Bil.
Net Current Asset Value
-0,38 Bil.
Invested Capital
0.58
Working Capital
0,32 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,03 Bil.
Average Inventory
0
Debt to Market Cap
0.83

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Eidesvik Offshore ASA Dividends
Year Dividends Growth
2006 1
2007 1 0%
2008 1 0%
2009 0 0%
2010 0 0%
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 0%

Eidesvik Offshore ASA Profile

About Eidesvik Offshore ASA

Eidesvik Offshore ASA operates as a shipping company in Norway. It operates through Supply, Subsea/Wind, and Seismic segments. The company delivers shipping services to customers who produce seismic data; subsea inspection, maintenance, repair, and construction services for subsea work in the oil industry; and shipping services to the offshore oil industry. It operates 8 large supply vessels; a fleet of 4 vessels related to seismic; and a fleet of 4 vessels related to subsea/wind. The company was founded in 2004 and is headquartered in Bømlo, Norway. Eidesvik Offshore ASA operates as a subsidiary of Eidesvik Invest AS.

CEO
Ms. Gitte Gard Talmo
Employee
428
Address
Vestvikveien 1
Bømlo, 5443

Eidesvik Offshore ASA Executives & BODs

Eidesvik Offshore ASA Executives & BODs
# Name Age
1 Ms. Gitte Gard Talmo
President & Chief Executive Officer
70
2 Mr. Petter Lonning
Chief Engineer & Employee Representative Director
70
3 Ms. Helga Cotgrove
Chief Financial Officer
70
4 Mr. Arve Nilsen
Chief Operating Officer
70
5 Mr. Erling Lodden
Vice President of Human Recources
70

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