P 
68.30
+3.96%
Close of 9 Nov 2026, in NOK
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in NOK, from our data supplier.
Revenue
NOK 1.23bn
FY2018FY2025
Net income
NOK 207.8m
FY2018FY2025
Free cash flow
NOK 354.9m
FY2018FY2025
Shareholders' equity
NOK 14.27bn
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | NOK 1.23bn | NOK 1.12bn | NOK 993.6m | NOK 867.1m | NOK 805.5m | NOK 678.5m | NOK 370.0m | NOK 215.0m |
| Gross profit | NOK 1.13bn | NOK 1.01bn | NOK 894.6m | NOK 773.2m | NOK 728.6m | NOK 635.9m | NOK 351.2m | NOK 207.4m |
| Operating income | NOK 258.5m | NOK 109.5m | −NOK 96.8m | −NOK 360.4m | −NOK 198.0m | NOK 51.5m | NOK 31.9m | NOK 17.9m |
| Net income | NOK 207.8m | NOK 117.9m | −NOK 79.8m | −NOK 262.2m | −NOK 157.3m | −NOK 89.0m | NOK 12.2m | NOK 38.7m |
| Diluted earnings per share | 2.03 | 1.16 | -0.79 | -2.55 | -1.46 | -0.88 | 0.12 | 0.48 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | NOK 19.96bn | NOK 20.50bn | NOK 18.59bn | NOK 19.20bn | NOK 2.39bn | NOK 2.44bn | NOK 1.07bn | NOK 947.5m |
| Cash and short-term investments | NOK 5.52bn | NOK 5.78bn | NOK 4.81bn | NOK 3.86bn | NOK 796.9m | NOK 1.09bn | NOK 72.4m | NOK 56.4m |
| Total liabilities | NOK 5.69bn | NOK 5.71bn | NOK 4.29bn | NOK 4.51bn | NOK 479.4m | NOK 413.5m | NOK 246.0m | NOK 148.5m |
| Debt | NOK 49.7m | NOK 63.6m | NOK 49.8m | NOK 88.1m | NOK 119.5m | NOK 100.8m | NOK 66.5m | NOK 23.0m |
| Shareholders' equity | NOK 14.27bn | NOK 14.79bn | NOK 14.30bn | NOK 14.69bn | NOK 1.91bn | NOK 2.02bn | NOK 824.1m | NOK 799.0m |
| Shares outstanding | 102m | 102m | 102m | 103m | 108m | 102m | 102m | 81m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | NOK 394.1m | NOK 2.25bn | NOK 695.9m | −NOK 1.68bn | −NOK 155.3m | NOK 71.3m | NOK 57.5m | NOK 20.7m |
| Capital spending | −NOK 39.2m | −NOK 384.7m | −NOK 159.0m | −NOK 499.3m | −NOK 83.6m | −NOK 73.8m | −NOK 35.1m | −NOK 7.0m |
| Free cash flow | NOK 354.9m | NOK 1.86bn | NOK 536.9m | −NOK 2.18bn | −NOK 239.0m | −NOK 2.4m | NOK 22.4m | NOK 13.7m |
| Dividends paid | −NOK 259.8m | −NOK 1.03bn | — | — | — | — | — | — |
Financial ratios
Data as of 12 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 91.7% | 90.6% | 90.0% | 89.2% | 90.4% | 93.7% | — |
| Operating margin | 2.2% | 9.8% | -9.7% | -34.5% | -23.7% | -14.3% | — |
| Net margin | 16.9% | 10.5% | -8.0% | -30.2% | -19.5% | -13.1% | — |
| Return on equity | 13.4% | 7.3% | -5.1% | -16.4% | -8.2% | -4.4% | — |
| Return on assets | 9.6% | 5.3% | -3.9% | -12.6% | -6.6% | -3.7% | — |
| Free cash flow yield | — | — | — | -1.6% | -0.9% | 1.8% | 1.2% |
| Revenue growth | 9.8% | 12.6% | 14.6% | 7.6% | 18.7% | 83.4% | — |
| Earnings growth | 76.2% | -247.8% | -69.6% | 66.7% | 76.8% | -827.4% | — |
| Current ratio | 1.64x | 1.86x | 1.90x | 1.64x | 2.84x | 4.05x | — |
| Debt to equity | 0.00x | 0.00x | 0.00x | 0.00x | 0.02x | 0.01x | — |
| Equity ratio | 71.5% | 72.1% | 76.9% | 76.5% | 79.9% | 83.0% | — |
| Interest coverage | 8.55x | 35.19x | -36.50x | -74.67x | -47.96x | -20.32x | — |
| Buybacks as a share of market value | — | — | — | 4.4% | -5.9% | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.7% | 13.1% | — |
| Operating income | — | 38.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 91.2% | 90.5% | 90.9% | — |
| Operating margin | 15.7% | -2.1% | -4.1% | — |
| Net margin | 13.9% | -0.4% | -4.6% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | 38.4 | 37.9 | -33.0 | -5.0 | -28.0 | -75.0 |
| Price to sales | 6.4 | 4.1 | 2.7 | 1.6 | 5.5 | 9.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 20 Apr 2026.
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Paid in the year | 3.00 | 2.00 | 0.60 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.