S 
10.45
+0.97%
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 1.36bn
FY2016FY2025
Net income
−NOK 5.0m
FY2016FY2025
Free cash flow
NOK 12.4m
FY2016FY2025
Shareholders' equity
NOK 485.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | NOK 1.36bn | NOK 1.31bn | NOK 1.34bn | NOK 1.37bn | NOK 981.3m | NOK 1.13bn | NOK 1.11bn | NOK 1.07bn | NOK 951.4m | NOK 1.12bn |
| Gross profit | NOK 581.6m | NOK 525.7m | NOK 530.7m | NOK 516.4m | NOK 421.2m | NOK 488.2m | NOK 532.3m | NOK 532.8m | NOK 479.4m | NOK 546.8m |
| Operating income | −NOK 16.8m | −NOK 39.5m | −NOK 39.4m | NOK 42.2m | NOK 27.5m | NOK 89.2m | NOK 46.7m | NOK 29.7m | NOK 20.7m | NOK 104.8m |
| Net income | −NOK 5.0m | −NOK 31.9m | −NOK 34.2m | NOK 29.1m | NOK 190.8m | NOK 97.7m | NOK 31.9m | NOK 13.4m | NOK 10.0m | NOK 74.2m |
| Diluted earnings per share | -0.16 | -1.01 | -1.09 | 0.92 | 6.06 | 2.21 | 0.72 | 0.30 | 0.23 | 1.68 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | NOK 1.01bn | NOK 1.03bn | NOK 1.01bn | NOK 985.6m | NOK 846.5m | NOK 786.1m | NOK 690.5m | NOK 655.4m | NOK 695.6m | NOK 659.3m |
| Cash and short-term investments | — | — | — | NOK 47.2m | NOK 174.2m | NOK 150.0m | NOK 79.0m | NOK 54.0m | NOK 83.0m | NOK 134.2m |
| Total liabilities | NOK 530.5m | NOK 562.5m | NOK 539.6m | NOK 478.4m | NOK 348.3m | NOK 420.1m | NOK 426.6m | NOK 390.2m | NOK 414.6m | NOK 338.3m |
| Debt | NOK 100.0m | NOK 1.3m | NOK 5.0m | NOK 67.5m | NOK 58.1m | NOK 109.2m | NOK 142.3m | NOK 81.6m | NOK 92.9m | NOK 61.7m |
| Shareholders' equity | NOK 485.1m | NOK 468.7m | NOK 474.9m | NOK 507.2m | NOK 498.2m | NOK 366.1m | NOK 263.9m | NOK 265.1m | NOK 281.0m | NOK 321.0m |
| Shares outstanding | 31m | 31m | 31m | 31m | 31m | 44m | 44m | 44m | 44m | 44m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | NOK 53.5m | NOK 93.1m | NOK 29.6m | NOK 16.6m | NOK 225.5m | NOK 131.8m | NOK 80.6m | NOK 21.4m | NOK 26.8m | NOK 163.3m |
| Capital spending | −NOK 41.1m | −NOK 40.1m | −NOK 28.5m | −NOK 11.1m | −NOK 8.8m | −NOK 6.5m | −NOK 14.5m | −NOK 11.1m | −NOK 15.4m | −NOK 29.4m |
| Free cash flow | NOK 12.4m | NOK 53.0m | NOK 1.1m | NOK 5.5m | NOK 216.7m | NOK 125.3m | NOK 66.1m | NOK 10.3m | NOK 11.3m | NOK 133.9m |
| Dividends paid | — | — | −NOK 39.9m | −NOK 35.0m | −NOK 31.1m | −NOK 26.6m | −NOK 24.4m | −NOK 22.1m | −NOK 66.4m | −NOK 19.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | NOK 342.3m | NOK 342.3m | NOK 342.4m | NOK 319.5m | NOK 350.4m | NOK 346.6m | NOK 339.8m | NOK 313.1m |
| Gross profit | NOK 146.0m | NOK 153.9m | NOK 141.8m | NOK 142.8m | NOK 152.0m | NOK 145.0m | NOK 133.6m | NOK 133.8m |
| Operating income | −NOK 6.1m | −NOK 658,000 | −NOK 16.3m | NOK 3.2m | −NOK 3.2m | −NOK 375,000 | −NOK 5.3m | NOK 2.2m |
| Net income | −NOK 8.3m | −NOK 8.5m | −NOK 10.7m | NOK 17.1m | −NOK 3.1m | −NOK 8.3m | −NOK 2.1m | NOK 2.7m |
| Diluted earnings per share | -0.26 | -0.27 | -0.34 | 0.54 | -0.10 | -0.26 | -0.07 | 0.08 |
| Cash from operations | NOK 48.0m | −NOK 8.0m | NOK 53.0m | NOK 51.0m | NOK 28.0m | NOK 8.0m | NOK 93.0m | NOK 10.0m |
| Capital spending | −NOK 7.0m | −NOK 6.0m | −NOK 41.0m | −NOK 32.0m | −NOK 22.0m | −NOK 10.0m | −NOK 40.0m | −NOK 8.0m |
| Free cash flow | NOK 41.0m | −NOK 14.0m | NOK 12.0m | NOK 19.0m | NOK 6.0m | −NOK 2.0m | NOK 53.0m | NOK 2.0m |
| Total assets | NOK 974.5m | NOK 958.8m | NOK 1.01bn | NOK 1.01bn | NOK 997.4m | NOK 980.3m | NOK 1.03bn | NOK 966.0m |
| Cash and short-term investments | — | — | NOK 98.5m | NOK 112.0m | NOK 84.2m | NOK 85.5m | NOK 82.5m | — |
| Debt | NOK 1.3m | NOK 101.3m | NOK 153.5m | NOK 159.6m | NOK 163.5m | NOK 66.0m | NOK 70.0m | NOK 5.2m |
| Shareholders' equity | NOK 442.3m | NOK 448.1m | NOK 477.6m | NOK 483.3m | NOK 468.0m | NOK 461.5m | NOK 468.7m | NOK 471.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.3% | 3.8% | 1.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 41.5% | 40.0% | 40.9% | 44.0% |
| Operating margin | -2.1% | -1.0% | 0.8% | 2.5% |
| Net margin | -1.4% | -0.8% | 3.3% | 3.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -64.6 | -11.0 | -12.3 | 23.8 | 4.3 | 8.8 | 16.6 | 29.3 | 49.0 | 9.7 |
| Price to sales | 0.2 | 0.3 | 0.3 | 0.5 | 0.8 | 0.8 | 0.5 | 0.4 | 0.5 | 0.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 28 Apr 2023.
| FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.90 | 0.80 | 0.70 | 0.60 | 0.55 | 0.50 | 0.50 | 1.45 |
- 1-to-1 reverse split · 27 Feb 2006
- 10-to-1 reverse split · 9 May 2005
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.