Nekkar ASA Logo

Nekkar ASA

NKR.OL

(1.8)
Stock Price

10,30 NOK

7.36% ROA

17.35% ROE

33.13x PER

Market Cap.

1.065.610.051,00 NOK

1.29% DER

0% Yield

14.52% NPM

Nekkar ASA Stock Analysis

Nekkar 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.

Nekkar ASA Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (1%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 ROE

ROE in an average range (10.14%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (7.36%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

4 PBV

The stock's PBV ratio (2.7x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

5 Assets Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

6 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (146), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

7 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

8 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

9 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

10 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

11 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

Nekkar 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.

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

Nekkar 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.

Nekkar ASA Revenue
Year Revenue Growth
2002 744.169.000
2003 621.505.000 -19.74%
2004 786.174.000 20.95%
2005 1.148.459.000 31.55%
2006 1.593.716.000 27.94%
2007 2.459.964.000 35.21%
2008 4.196.482.000 41.38%
2009 3.825.319.000 -9.7%
2010 3.225.819.000 -18.58%
2011 3.524.372.000 8.47%
2012 2.346.478.000 -50.2%
2013 2.693.167.000 12.87%
2014 2.453.658.000 -9.76%
2015 3.051.243.000 19.58%
2016 3.086.706.000 1.15%
2017 211.038.000 -1362.63%
2018 220.310.000 4.21%
2019 266.614.000 17.37%
2020 359.467.000 25.83%
2021 479.983.000 25.11%
2022 387.503.000 -23.87%
2023 529.136.000 26.77%

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.

Nekkar ASA Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
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.

Nekkar ASA General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 -22.065.000 100%
2006 -34.654.000 36.33%
2007 0 0%
2008 0 0%
2009 0 0%
2010 2.396.428.000 100%
2011 0 0%
2012 28.696.000 100%
2013 38.435.000 25.34%
2014 41.766.000 7.98%
2015 98.483.000 57.59%
2016 107.591.000 8.47%
2017 1.754.000 -6034.04%
2018 4.472.000 60.78%
2019 6.566.000 31.89%
2020 7.424.000 11.56%
2021 9.635.000 22.95%
2022 11.640.000 17.23%
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.

Nekkar ASA EBITDA
Year EBITDA Growth
2002 34.305.000
2003 26.788.000 -28.06%
2004 39.725.000 32.57%
2005 73.495.000 45.95%
2006 108.798.000 32.45%
2007 152.530.000 28.67%
2008 157.326.000 3.05%
2009 -68.070.000 331.12%
2010 282.213.000 124.12%
2011 262.676.000 -7.44%
2012 140.184.000 -87.38%
2013 -127.267.000 210.15%
2014 119.748.000 206.28%
2015 168.063.000 28.75%
2016 97.741.000 -71.95%
2017 50.331.000 -94.2%
2018 29.598.000 -70.05%
2019 39.585.000 25.23%
2020 87.620.000 54.82%
2021 140.857.000 37.8%
2022 56.546.000 -149.1%
2023 176.116.000 67.89%

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.

Nekkar ASA Gross Profit
Year Gross Profit Growth
2002 297.678.000
2003 237.668.000 -25.25%
2004 283.821.000 16.26%
2005 376.940.000 24.7%
2006 482.347.000 21.85%
2007 702.049.000 31.29%
2008 863.441.000 18.69%
2009 744.087.000 -16.04%
2010 3.225.819.000 76.93%
2011 1.136.042.000 -183.95%
2012 804.311.000 -41.24%
2013 781.471.000 -2.92%
2014 1.033.857.000 24.41%
2015 1.111.564.000 6.99%
2016 1.130.734.000 1.7%
2017 73.842.000 -1431.29%
2018 78.202.000 5.58%
2019 106.480.000 26.56%
2020 161.099.000 33.9%
2021 243.275.000 33.78%
2022 181.371.000 -34.13%
2023 270.336.000 32.91%

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.

Nekkar ASA Net Profit
Year Net Profit Growth
2002 11.336.000
2003 655.000 -1630.69%
2004 10.463.000 93.74%
2005 40.239.000 74%
2006 60.481.000 33.47%
2007 79.041.000 23.48%
2008 36.392.000 -117.19%
2009 -248.482.000 114.65%
2010 -196.656.000 -26.35%
2011 22.896.000 958.91%
2012 450.421.000 94.92%
2013 -204.418.000 320.34%
2014 17.743.000 1252.11%
2015 -48.674.000 136.45%
2016 -120.854.000 59.72%
2017 -33.540.000 -260.33%
2018 -28.593.000 -17.3%
2019 48.976.000 158.38%
2020 70.821.000 30.85%
2021 110.224.000 35.75%
2022 31.839.000 -246.19%
2023 75.896.000 58.05%

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.

Nekkar ASA Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 1
2003 0 0%
2004 1 0%
2005 2 100%
2006 3 0%
2007 3 33.33%
2008 1 -200%
2009 -6 120%
2010 -3 -150%
2011 0 0%
2012 5 100%
2013 -2 350%
2014 0 0%
2015 -1 0%
2016 -1 100%
2017 0 0%
2018 0 0%
2019 0 0%
2020 1 0%
2021 1 100%
2022 0 0%
2023 1 0%

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.

Nekkar ASA Free Cashflow
Year Free Cashflow Growth
2002 -44.395.000
2003 8.091.000 648.7%
2004 -30.609.000 126.43%
2005 -77.683.000 60.6%
2006 -5.380.000 -1343.92%
2007 -5.761.000 6.61%
2008 -55.840.000 89.68%
2009 -471.721.000 88.16%
2010 111.883.000 521.62%
2011 368.853.000 69.67%
2012 -79.162.000 565.95%
2013 -175.723.000 54.95%
2014 -200.695.000 12.44%
2015 -24.300.000 -725.91%
2016 -106.582.000 77.2%
2017 73.979.000 244.07%
2018 118.257.000 37.44%
2019 11.517.000 -926.8%
2020 121.783.000 90.54%
2021 -80.848.000 250.63%
2022 15.549.000 619.96%

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.

Nekkar ASA Operating Cashflow
Year Operating Cashflow Growth
2002 -9.927.000
2003 10.712.000 192.67%
2004 7.110.000 -50.66%
2005 -69.755.000 110.19%
2006 931.000 7592.48%
2007 23.421.000 96.02%
2008 84.368.000 72.24%
2009 -358.829.000 123.51%
2010 132.287.000 371.25%
2011 408.777.000 67.64%
2012 -52.647.000 876.45%
2013 -137.922.000 61.83%
2014 -150.005.000 8.06%
2015 -169.000 -88660.36%
2016 -94.086.000 99.82%
2017 84.399.000 211.48%
2018 126.040.000 33.04%
2019 21.639.000 -482.47%
2020 133.866.000 83.84%
2021 -54.595.000 345.2%
2022 37.950.000 243.86%

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.

Nekkar ASA Capital Expenditure
Year Capital Expenditure Growth
2002 34.468.000
2003 2.621.000 -1215.07%
2004 37.719.000 93.05%
2005 7.928.000 -375.77%
2006 6.311.000 -25.62%
2007 29.182.000 78.37%
2008 140.208.000 79.19%
2009 112.892.000 -24.2%
2010 20.404.000 -453.28%
2011 39.924.000 48.89%
2012 26.515.000 -50.57%
2013 37.801.000 29.86%
2014 50.690.000 25.43%
2015 24.131.000 -110.06%
2016 12.496.000 -93.11%
2017 10.420.000 -19.92%
2018 7.783.000 -33.88%
2019 10.122.000 23.11%
2020 12.083.000 16.23%
2021 26.253.000 53.97%
2022 22.401.000 -17.2%

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.

Nekkar ASA Equity
Year Equity Growth
2002 213.053.000
2003 223.669.000 4.75%
2004 256.281.000 12.73%
2005 394.932.000 35.11%
2006 598.062.000 33.96%
2007 933.596.000 35.94%
2008 989.056.000 5.61%
2009 935.883.000 -5.68%
2010 802.734.000 -16.59%
2011 840.383.000 4.48%
2012 856.195.000 1.85%
2013 566.670.000 -51.09%
2014 610.362.000 7.16%
2015 634.507.000 3.81%
2016 471.937.000 -34.45%
2017 456.078.000 -3.48%
2018 514.230.000 11.31%
2019 233.545.000 -120.18%
2020 203.477.000 -14.78%
2021 316.228.000 35.65%
2022 350.968.000 9.9%
2023 388.340.000 9.62%

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.

Nekkar ASA Assets
Year Assets Growth
2002 681.965.000
2003 723.587.000 5.75%
2004 788.855.000 8.27%
2005 1.182.786.000 33.31%
2006 1.633.131.000 27.58%
2007 3.101.954.000 47.35%
2008 4.380.721.000 29.19%
2009 3.689.474.000 -18.74%
2010 3.451.998.000 -6.88%
2011 3.528.835.000 2.18%
2012 2.350.345.000 -50.14%
2013 2.224.626.000 -5.65%
2014 2.411.477.000 7.75%
2015 3.025.503.000 20.3%
2016 2.175.226.000 -39.09%
2017 2.328.483.000 6.58%
2018 2.416.036.000 3.62%
2019 416.041.000 -480.72%
2020 558.084.000 25.45%
2021 451.241.000 -23.68%
2022 507.143.000 11.02%
2023 514.885.000 1.5%

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.

Nekkar ASA Liabilities
Year Liabilities Growth
2002 468.912.000
2003 499.918.000 6.2%
2004 532.574.000 6.13%
2005 787.854.000 32.4%
2006 1.035.069.000 23.88%
2007 2.168.358.000 52.26%
2008 3.391.665.000 36.07%
2009 2.753.591.000 -23.17%
2010 2.649.264.000 -3.94%
2011 2.688.452.000 1.46%
2012 1.494.150.000 -79.93%
2013 1.657.956.000 9.88%
2014 1.801.115.000 7.95%
2015 2.170.937.000 17.04%
2016 1.558.800.000 -39.27%
2017 1.721.023.000 9.43%
2018 1.901.806.000 9.51%
2019 182.496.000 -942.11%
2020 354.607.000 48.54%
2021 135.013.000 -162.65%
2022 156.175.000 13.55%
2023 126.545.000 -23.41%

Nekkar ASA Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
3.64
Net Income per Share
0.3
Price to Earning Ratio
33.13x
Price To Sales Ratio
2.75x
POCF Ratio
27.79
PFCF Ratio
68.53
Price to Book Ratio
3.19
EV to Sales
2.29
EV Over EBITDA
15.71
EV to Operating CashFlow
23.41
EV to FreeCashFlow
57.15
Earnings Yield
0.03
FreeCashFlow Yield
0.01
Market Cap
1,07 Bil.
Enterprise Value
0,89 Bil.
Graham Number
4.58
Graham NetNet
1.85

Income Statement Metrics

Net Income per Share
0.3
Income Quality
0.89
ROE
0.1
Return On Assets
0.12
Return On Capital Employed
0.82
Net Income per EBT
0.75
EBT Per Ebit
0.25
Ebit per Revenue
0.79
Effective Tax Rate
0.24

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.86
Operating Profit Margin
0.79
Pretax Profit Margin
0.19
Net Profit Margin
0.15

Dividends

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

Operating Metrics

Operating Cashflow per Share
0.36
Free CashFlow per Share
0.15
Capex to Operating CashFlow
-0.59
Capex to Revenue
-0.06
Capex to Depreciation
-2.14
Return on Invested Capital
0.12
Return on Tangible Assets
0.07
Days Sales Outstanding
214.4
Days Payables Outstanding
81.26
Days of Inventory on Hand
4.1
Receivables Turnover
1.7
Payables Turnover
4.49
Inventory Turnover
88.97
Capex per Share
-0.21

Balance Sheet

Cash per Share
1,70
Book Value per Share
3,11
Tangible Book Value per Share
2.6
Shareholders Equity per Share
3.11
Interest Debt per Share
0.07
Debt to Equity
0.01
Debt to Assets
0.01
Net Debt to EBITDA
-3.13
Current Ratio
2.69
Tangible Asset Value
0,28 Bil.
Net Current Asset Value
0,26 Bil.
Invested Capital
0.01
Working Capital
0,26 Bil.
Intangibles to Total Assets
0.15
Average Receivables
0,20 Bil.
Average Payables
0,03 Bil.
Average Inventory
2895500
Debt to Market Cap
0

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.

Nekkar ASA Dividends
Year Dividends Growth
2007 1
2008 1 0%
2012 6 80%
2013 1 -400%
2019 4 75%

Nekkar ASA Profile

About Nekkar ASA

Nekkar ASA operates in shipyard, aquaculture, renewables, and digital solutions. The company offers shipyard solutions, including Syncrolift shiplift and transfer systems for launching and retrievals of vessels, as well as fast and reliable way of moving vessels around the yard; and FastDocking products for efficient operations during docking and maintenance of vessels. It also offers service and upgrades, shiplift and transfer systems maintenance, spare replacements, and upgrades of small and larger components. In addition, the company offers starfish, an automated and closed cage solution that has double protection against escapes, avoids problems with salmon lice due to water intake from deep waters below the cage, and can collect up to 90 percent of biological waste; and SkyWalker, a wind turbine installation tool. Further, it develops open software platforms for collection, monitoring, and control of data for numerous industries. The company operates in South Asia, Europe, South East Asia, North East Asia, West Asia, the United States, Africa, and internationally. The company was formerly known as TTS Group ASA and changed its name to Nekkar ASA in July 2019. Nekkar ASA founded in 1966 and is headquartered in Kristiansand, Norway.

CEO
Mr. Ole Falk Hansen
Employee
90
Address
Andøyfaret 15
Kristiansand, 4623

Nekkar ASA Executives & BODs

Nekkar ASA Executives & BODs
# Name Age
1 Mr. Ole Falk Hansen
Chief Executive Officer
70
2 Mr. Preben Liltved
Chief Operating Officer
70
3 Mr. Rolf-Atle Tomassen
Executive Vice President of Shipyard Solutions
70
4 Mr. Ingolf Johansen
Group Chief Accountant
70
5 Mr. Lennart Svensson
Senior Vice President of Sales
70
6 Birgitta Sjöberg
Senior Vice President of Quality Management
70
7 Ms. Miao Reinlund
Senior Vice President of Communication
70
8 Lin Ervik
Corporate Vice President of HR/HSE
70
9 Ms. Marianne Ottosen
Head of Finance
70
10 Ms. Mette Harv
Executive Vice President of Aquaculture & Offshore Energy
70

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