Nel ASA NEL
Oslo Børs · Industrials · Specialty Industrial Machinery
Keep this stock on your watchlist and set email alerts for prices, reports and important announcements where available.
Annual accounts for Nel
| NOK million | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 915 | 1,350 | 1,390 | 963 |
| EBITDA | −1,004 | −336 | −31 | −190 |
| Net income | −1,171 | −855 | −244 | −1,265 |
| Balance sheet | ||||
| Equity | 5,450 | 6,198 | 4,977 | 3,933 |
| Total debt | 223 | 260 | 260 | 233 |
| Cash | 3,126 | 3,348 | 1,856 | 1,610 |
| Net debt | −2,903 | −3,088 | −1,596 | −1,377 |
| Ratios and per share | ||||
| EBITDA margin | −109.8% | −24.9% | −2.2% | −19.7% |
| Profit margin | −128.0% | −63.4% | −17.6% | −131.4% |
| Return on equity | −21.5% | −13.8% | −4.9% | −32.2% |
| Earnings/share (NOK) | −0.75 | −0.51 | −0.15 | −0.69 |
| Book value/share (NOK) | 3.49 | 3.71 | 2.98 | 2.14 |
| Shares outstanding (M) | 1,563 | 1,671 | 1,671 | 1,838 |
From the annual statements (Yahoo Finance), in the currency the company reports in. Per-share figures use the shares at the year end. Charts and annual figures →
Quarterly figures from the reports
BetaFrom the company's own reports: 12 reports read by AI, every figure checked against the report's page and arithmetic.
Source: the Q2 and half-year 2026 report, page 12, published 2026-07-15.
| Quarter | Revenue | Operating profit | Profit | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q2 2026 | 153 | −205 | −189 | −0.10 | … | Q2 and half-year 2026, p. 12 |
| Q1 2026 | 148 | −150 | −144 | −0.08 | … | Q1 2026, p. 12 |
| Q4 2025 | 330 | −920 | −870 | −0.47 | … | Q4 2025, p. 12 |
| Q3 2025 | 303 | −105 | −85 | −0.05 | … | Q3 2025, p. 12 |
| Q2 2025 | 174 | −153 | −131 | −0.07 | … | Q2 and half-year 2025, p. 12 |
| Q1 2025 | 155 | −187 | −179 | −0.10 | … | Q1 2025, p. 12 |
| Q4 2024 | 416 | −106 | −64 | −0.04 | … | Q4 2024, p. 12 |
| Q3 2024 | 366 | −146 | −115 | −0.07 | … | Q3 2024, p. 12 |
| Q2 2024 | 332 | −125 | −43 | −0.03 | … | Q2 and half-year 2024, p. 12 |
| Q1 2024 | 387 | −74 | −22 | −0.01 | … | Q1 2024, p. 13 |
| Q4 2023 | 534 | −166 | −94 | −0.06 | … | Q4 2023, p. 12 |
| Q3 2023 | 406 | −165 | −226 | −0.14 | … | Q3 2023, p. 12 |
Amounts in NOK million, EPS in NOK. Each quarter as first reported, as a backtest would have seen it. Adjusted EPS (without one-off items) is shown once the one-off items have been checked against the companies' own adjusted figures.
One-off items in the reports
- 2026-06-30 Iwatani settlement cost: −70.0 NOK million (Q2 and half-year 2026, p. 3)
- 2025-12-31 Impairment of goodwill, intangible technology assets and production equipment (group total): −799.0 NOK million (Q4 2025, p. 3)
- 2024-06-30 Gain from the distribution of discontinued operation (CAVEN): +92.9 NOK million (Q2 and half-year 2024, p. 21)
- 2024-06-30 Accrued expenses for listing of CAVEN on Euronext Oslo Boers within discontinued operation: −22.0 NOK million (Q2 and half-year 2024, p. 21)
- 2024-06-30 Gain related to distribution of discontinued operation (Cavendish Hydrogen ASA): +93.0 NOK million (Q4 2024, p. 21)
- 2022-12-31 Impairment expense in Fueling included in operating expenses: −327.0 NOK million (Q4 2023, p. 3)
Found by AI and still being validated: hover for the report's own words.
Sign in for free to open each report on the page a figure comes from.
Extracted by an AI model from the reports and can be wrong. Not investment advice.
Key figures
| P/E | – |
| P/B | 0.9 |
| EV / EBITDA | – |
| Net debt / EBITDA | – |
| Return on equity | −32.2% |
| Profit margin | −131.4% |
| Beta 1Y | 0.53 |
| Revenue growth 1Y | −30.7% |
| Revenue CAGR 3Y | +1.7% |
| ROE avg. 3Y | −17.0% |
Ratios use the latest annual report that was public 90 days after the year end.
Dividends per share (NOK)
No dividends paid in the last five years.
Not investment advice. Figures may contain errors from the data source.