167.60
+3.78%
Close of 9 Nov 2026, in NOK
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About Norbit A
Its shares trade on Oslo Børs under the ticker NORBT.OL. It has been listed since 20 June 2019. In the fiscal year to 31 December 2025, it reported revenue of NOK 2.50bn and net income of NOK 404.3m. At that date it held total assets of NOK 2.64bn and shareholders' equity of NOK 1.21bn.
Norbit ASA engages in the provision of tailored technology solutions to niche markets. The company is headquartered in Trondheim, Sor-Trondelag. The company went IPO on 2019-06-20. The firm is structured in three business segments to address its key markets. Oceans segment delivers technology solutions to global maritime markets. The company is primarily engaged in sonar solutions based on integrated and compact sonars with light detection and ranging (LIDAR) and a global positioning system (GPS) for surface and subsea imaging and mapping. The Connectivity segment enables clients to digitise their operations further through data collection and tailored sensor analysis with connectivity devices, cloud computing and data fusion being directly integrated into the client’s business software or as stand-alone services. Connectivity consists of the Intelligent Traffic Systems (ITS) and Smart Data sub-segments. The Product Innovation & Realization (PIR) segment offers Research and Development (R&D) products and services, alongside contract manufacturing services to customers.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Information Technology
- Industry
- Electronic Equipment, Instruments & Components
- Listed since
- 20 Jun 2019
- Employees
- 418
- Website
- norbit.com ↗
Leadership
Pay as last reported
- Mr. Finn HauganIndependent Chairman of the board, since 2021NOK 515,000
- Mrs. Bente LandsnesIndependent Deputy Chairman of the board, since 2021NOK 325,000
- Mr. Per WeisethaunetChief Executive OfficerNOK 3.1m
- Mr. Per ReppeChief Financial OfficerNOK 2.3m
- Mr. Stein BeyerChief Operating Officer and Business Unit Director PIRNOK 2.1m
- Mr. Arild SoraunetChief Technology OfficerNOK 1.8m
- Mr. Peter EriksenBusiness Unit Director OceansNOK 3.9m
- Mr. Peter TschulikBusiness Unit Director ITSNOK 1.8m
- Ms. Christina HallinDirector
- Mr. Hakon KavliDirector
- Ms. Marit CollinIndependent DirectorNOK 165,000
- Mr. Trond TuvsteinIndependent DirectorNOK 200,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Norbit ASA has a focused business model with three distinct segments addressing key markets.
- The company employs 418 full-time employees and has a clear IPO date of 2019-06-20.
- Norbit ASA provides tailored technology solutions including sonar, LIDAR, and GPS for maritime and subsea applications.
Weaknesses
- The company's business is structured around niche markets which may limit market size.
- Norbit ASA's operations are concentrated in specific sectors like maritime and electrical equipment.
- The source description treats the company as untrusted, indicating potential reliability issues.
Opportunities
- Expanding into new markets for sonar and LIDAR technology solutions could drive growth.
- The Connectivity segment's focus on data collection and cloud computing presents opportunities for digital transformation services.
- The Product Innovation & Realization segment offers potential for R&D and contract manufacturing growth.
Threats
- Dependence on niche markets may expose the company to sector-specific risks.
- The untrusted source description suggests possible inaccuracies in company information.
- Competition in the technology solutions market could impact market share.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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