Norbit ASA Logo

Norbit ASA

NORBT.OL

()
Stock Price

89,00 NOK

15.97% ROA

21.55% ROE

31.57x PER

Market Cap.

5.600.003.200,00 NOK

45.17% DER

2.9% Yield

10.81% NPM

Norbit ASA Stock Analysis

Norbit 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.

Norbit ASA Fundamental Stock Analysis
# Analysis Rating

Norbit 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.

Norbit ASA Technical Stock Analysis
# Analysis Recommendation

Norbit 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.

Norbit ASA Revenue
Year Revenue Growth
2020 618.800.000
2021 787.800.000 21.45%
2022 1.167.500.000 32.52%
2023 1.518.900.000 23.14%
2024 1.675.600.000 9.35%

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.

Norbit ASA Research and Development Expenses
Year Research and Development Expenses Growth
2020 0
2021 0 0%
2022 0 0%
2023 0 0%
2024 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.

Norbit ASA General and Administrative Expenses
Year General and Administrative Expenses Growth
2020 43.100.000
2021 57.500.000 25.04%
2022 73.900.000 22.19%
2023 75.900.000 2.64%
2024 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.

Norbit ASA EBITDA
Year EBITDA Growth
2020 84.900.000
2021 139.700.000 39.23%
2022 223.500.000 37.49%
2023 383.400.000 41.71%
2024 527.600.000 27.33%

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.

Norbit ASA Gross Profit
Year Gross Profit Growth
2020 326.100.000
2021 424.500.000 23.18%
2022 618.000.000 31.31%
2023 904.200.000 31.65%
2024 1.023.600.000 11.66%

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.

Norbit ASA Net Profit
Year Net Profit Growth
2020 27.300.000
2021 47.900.000 43.01%
2022 106.700.000 55.11%
2023 185.300.000 42.42%
2024 288.400.000 35.75%

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.

Norbit ASA Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2020 0
2021 1 0%
2022 2 100%
2023 3 66.67%
2024 5 25%

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.

Norbit ASA Free Cashflow
Year Free Cashflow Growth
2019 0
2020 -44.600.000 100%
2021 -43.000.000 -3.72%
2022 -6.300.000 -582.54%
2023 239.200.000 102.63%
2024 123.100.000 -94.31%

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.

Norbit ASA Operating Cashflow
Year Operating Cashflow Growth
2019 0
2020 92.100.000 100%
2021 47.700.000 -93.08%
2022 85.700.000 44.34%
2023 345.700.000 75.21%
2024 149.500.000 -131.24%

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.

Norbit ASA Capital Expenditure
Year Capital Expenditure Growth
2019 0
2020 136.700.000 100%
2021 90.700.000 -50.72%
2022 92.000.000 1.41%
2023 106.500.000 13.62%
2024 26.400.000 -303.41%

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.

Norbit ASA Equity
Year Equity Growth
2019 0
2020 436.800.000 100%
2021 497.900.000 12.27%
2022 599.300.000 16.92%
2023 793.400.000 24.46%
2024 746.700.000 -6.25%

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.

Norbit ASA Assets
Year Assets Growth
2019 0
2020 671.600.000 100%
2021 976.900.000 31.25%
2022 1.220.800.000 19.98%
2023 1.496.400.000 18.42%
2024 1.471.300.000 -1.71%

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.

Norbit ASA Liabilities
Year Liabilities Growth
2019 0
2020 234.800.000 100%
2021 479.000.000 50.98%
2022 621.500.000 22.93%
2023 703.000.000 11.59%
2024 724.600.000 2.98%

Norbit ASA Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
25.79
Net Income per Share
2.79
Price to Earning Ratio
31.57x
Price To Sales Ratio
3.62x
POCF Ratio
13.93
PFCF Ratio
21.57
Price to Book Ratio
7.07
EV to Sales
3.79
EV Over EBITDA
16.45
EV to Operating CashFlow
15.49
EV to FreeCashFlow
22.62
Earnings Yield
0.03
FreeCashFlow Yield
0.05
Market Cap
5,60 Bil.
Enterprise Value
5,87 Bil.
Graham Number
27.94
Graham NetNet
-7.11

Income Statement Metrics

Net Income per Share
2.79
Income Quality
2.27
ROE
0.22
Return On Assets
0.11
Return On Capital Employed
0.27
Net Income per EBT
0.76
EBT Per Ebit
0.89
Ebit per Revenue
0.16
Effective Tax Rate
0.24

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.58
Operating Profit Margin
0.16
Pretax Profit Margin
0.14
Net Profit Margin
0.11

Dividends

Dividend Yield
0.03
Dividend Yield %
2.9
Payout Ratio
0.91
Dividend Per Share
2.55

Operating Metrics

Operating Cashflow per Share
6.32
Free CashFlow per Share
4.33
Capex to Operating CashFlow
0.32
Capex to Revenue
0.08
Capex to Depreciation
1.02
Return on Invested Capital
0.17
Return on Tangible Assets
0.16
Days Sales Outstanding
0
Days Payables Outstanding
69.37
Days of Inventory on Hand
261.25
Receivables Turnover
0
Payables Turnover
5.26
Inventory Turnover
1.4
Capex per Share
1.99

Balance Sheet

Cash per Share
1,10
Book Value per Share
12,44
Tangible Book Value per Share
5.39
Shareholders Equity per Share
12.44
Interest Debt per Share
5.62
Debt to Equity
0.45
Debt to Assets
0.23
Net Debt to EBITDA
0.76
Current Ratio
1.37
Tangible Asset Value
0,32 Bil.
Net Current Asset Value
0,04 Bil.
Invested Capital
878400000
Working Capital
0,21 Bil.
Intangibles to Total Assets
0.29
Average Receivables
0,11 Bil.
Average Payables
0,12 Bil.
Average Inventory
480100000
Debt to Market Cap
0.06

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.

Norbit ASA Dividends
Year Dividends Growth
2020 1
2021 0 0%
2022 0 0%
2023 1 0%
2024 3 100%

Norbit ASA Profile

About Norbit ASA

Norbit ASA provides technology products and solutions. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging systems for obstacle avoidance/MCM, and above water laser products under the NORBIT WINGHEAD, NORBIT WBMS, NORBIT NORdredge, and NORBIT FLS names; customized cable assemblies, electromechanical box builds, and operational solutions; SeaCOP, a sensor integration platform and user interface common operational picture for emergency response; SECurus provides thermal and daylight stabilized camera solutions; SeaView, which offers thermal and daylight, pan, tilt, and zoom for environmental monitoring, and security and general surveillance; and SeaDarQ, a radar processing solution. It also provides sensing solutions for detecting threats at sea plus waterside security above and below the surface; FCL600, an underwater light solution for aquaculture industry; iData, which offers vehicle monitoring, telematics services, and fleet management for asset and vehicle management; and dedicated short-range communication technology for traffic system and vehicle application. In addition, the company offers research and development services, and contract manufacturing to industrial customers; and sells products based on proprietary technology, including special instrumentation n based on radar, radio frequency, and embedded signal processing technology. Norbit ASA was founded in 1995 and is headquartered in Trondheim, Norway.

CEO
Mr. Per Jorgen Weisethaunet
Employee
500
Address
Stiklestadveien 1
Trondheim, 7041

Norbit ASA Executives & BODs

Norbit ASA Executives & BODs
# Name Age
1 Ms. Julie Dahl Benum
Director of Strategy & ESG
70
2 Sture Ingdal
Finance Director
70
3 Mr. Steffen Kirknes
Founder & Talent Manager
70
4 Mr. Per Jorgen Weisethaunet
Group Chief Executive Officer
70
5 Mr. Peter Koldgaard Eriksen
Business Unit Director of Oceans
70
6 Mr. Per Kristian Reppe
Group Chief Financial Officer
70
7 Mr. Arild Soraunet
Group Chief Technical Officer
70

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