View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsNorsk Renewables 将来の成長Future 基準チェック /06現在、 Norsk Renewablesの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Renewable Energy 収益成長8.9%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報Breakeven Date Change • May 23No longer forecast to breakevenThe analyst covering Norsk Solar no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr23.6m in 2025. New forecast suggests the company will make a loss of kr72.0m in 2025.Breakeven Date Change • Dec 31Forecast to breakeven in 2025The analyst covering Norsk Solar expects the company to break even for the first time. New forecast suggests the company will make a profit of kr40.0m in 2025. Average annual earnings growth of 26% is required to achieve expected profit on schedule.すべての更新を表示Recent updatesお知らせ • Aug 22Norsk Renewables AS Announces resignation of Christine Mork as Chief financial officerNorsk Renewables AS announced that Chief financial officer, Christine Mork, has informed the CEO and board of directors of Norsk Renewables that she has decided to resign from her position as CFO in order to pursue opportunities outside of the Company. Christine will continue to support the Company throughout the notice period.New Risk • Apr 07New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 163% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (87% average daily change). Earnings are forecast to decline by an average of 23% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (163% increase in shares outstanding). Market cap is less than US$10m (€6.43m market cap, or US$6.97m). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (kr132m net loss in 3 years). Revenue is less than US$5m (kr16m revenue, or US$1.4m).お知らせ • Feb 27Norsk Renewables AS to Report Q4, 2023 Results on Mar 21, 2024Norsk Renewables AS announced that they will report Q4, 2023 results on Mar 21, 2024New Risk • Feb 18New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 163% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (28% average weekly change). Earnings are forecast to decline by an average of 24% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (163% increase in shares outstanding). Revenue is less than US$1m (kr9.3m revenue, or US$884k). Market cap is less than US$10m (€6.88m market cap, or US$7.41m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (kr87m net loss in 2 years).お知らせ • Feb 14Norsk Renewables AS announced that it expects to receive NOK 45 million in funding from Valinor AsNorsk Renewables AS announced a private placement of minimum of 100,000,000 common shares and maximum of 150,000,000 common shares at an issue price of NOK 0.30 per share for the minimum gross proceeds of NOK 30,000,000 and maximum gross proceeds of NOK 45,000,000 on February 13, 2024. The transaction will include participation from new investor Valinor As for NOK 30,000,000.お知らせ • Jan 23+ 4 more updatesNorsk Renewables AS to Report First Half, 2024 Results on Aug 28, 2024Norsk Renewables AS announced that they will report first half, 2024 results on Aug 28, 2024Reported Earnings • Nov 30Third quarter 2023 earnings released: kr0.24 loss per share (vs kr0.33 loss in 3Q 2022)Third quarter 2023 results: kr0.24 loss per share (improved from kr0.33 loss in 3Q 2022). Net loss: kr18.0m (loss narrowed 28% from 3Q 2022). Revenue is forecast to grow 99% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Renewable Energy industry in Germany.New Risk • Oct 19New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.26m (US$9.79m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr33m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Market cap is less than US$10m (€9.26m market cap, or US$9.79m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr83m net loss in 2 years). Revenue is less than US$5m (kr13m revenue, or US$1.2m).Reported Earnings • Aug 31Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr5.71m (flat on 2Q 2022). Net loss: kr6.26m (down 461% from profit in 2Q 2022). Revenue is forecast to grow 88% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Renewable Energy industry in Germany.お知らせ • Aug 03Norsk Solar Appoints Christine Mork as New Chief Financial OfficerNorsk Solar announced the appointment of Christine Mork as its new Chief Financial Officer (CFO), effective 1st of August 2023. With a distinguished career in financial management and a passion for sustainable development, Christine brings invaluable expertise and leadership to the Norsk Solar team. The company have gotten to know Christine these last months while she has acted in the role as a hired consultant. As CFO, Christine will play a pivotal role in guiding Norsk Solar`s financial strategy and bolstering its position as a player in the rapidly expanding renewable energy market. Her experience in financial planning, analysis, and capital management will be instrumental in driving Norsk Solar`s continued growth and success. Norsk Solar has an interesting pipeline of renewable energy projects, providing sustainable solutions to a wide range of clients with a focus on emerging countries. With her vast international experience, the appointment will be important for the company`s journey, developing the position as a salient contributor in the renewable energy industry.Reported Earnings • Jun 14First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr2.02m (up 14% from 1Q 2022). Net loss: kr15.9m (loss widened 4.4% from 1Q 2022). Revenue is forecast to grow 90% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Renewable Energy industry in Germany.Breakeven Date Change • May 23No longer forecast to breakevenThe analyst covering Norsk Solar no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr23.6m in 2025. New forecast suggests the company will make a loss of kr72.0m in 2025.お知らせ • May 23Norsk Solar AS Announces Resignation of Joakim Brønner Johnsen from the BoardNorsk Solar AS announced Joakim Brønner Johnsen resigns from the board due to new and extended role with his current employer.お知らせ • May 19Norsk Solar Announces CEO ChangesNorsk Solar announced that Øyvind L. Vesterdal will be stepping down as CEO, effective 16 May 2023. He will be succeeded by Torbjørn Elliot Kirkeby-Garstad, who will take over as CEO on the same day. Øyvind Laugen Vesterdal, co-founder of Norsk Solar and the company's third largest shareholder, has been CEO in Norsk Solar since its establishment and has played an essential role in developing the company. Vesterdal has decided to step down and pass the reins to Torbjørn Elliot Kirkeby-Garstad. Kirkeby-Garstad brings with him 16 years of experience operating as an industrial renewable investor in the power industry. He has done successful industrial renewable investments in a wide range of emerging markets and is well-positioned to lead the company into its next phase of growth. Øyvind remains in an advisory role with the company until end of August 2023 to assist with the transition.Reported Earnings • Mar 24Full year 2022 earnings released: kr0.70 loss per share (vs kr0.46 loss in FY 2021)Full year 2022 results: kr0.70 loss per share (further deteriorated from kr0.46 loss in FY 2021). Net loss: kr52.4m (loss widened 51% from FY 2021).Breakeven Date Change • Dec 31Forecast to breakeven in 2025The analyst covering Norsk Solar expects the company to break even for the first time. New forecast suggests the company will make a profit of kr40.0m in 2025. Average annual earnings growth of 26% is required to achieve expected profit on schedule.お知らせ • Dec 30+ 5 more updatesNorsk Solar AS to Report Q4, 2022 Results on Mar 22, 2023Norsk Solar AS announced that they will report Q4, 2022 results on Mar 22, 2023Reported Earnings • Dec 01Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr10.1m (up 200% from 3Q 2021). Net loss: kr24.9m (loss widened 133% from 3Q 2021). Revenue is forecast to grow 95% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Renewable Energy industry in Germany.Board Change • Nov 16No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). Director Nils Skaset is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.Reported Earnings • Sep 01Second quarter 2022 earnings releasedSecond quarter 2022 results: Net income: kr1.73m (up kr1.73m from 2Q 2021). Over the next year, revenue is forecast to grow 54% compared to a 10.0% decline forecast for the Renewable Energy industry in Germany.Reported Earnings • Jun 15First quarter 2022 earnings releasedFirst quarter 2022 results: Net loss: kr29.9m (flat on 1Q 2021). Over the next year, revenue is expected to shrink by 4.0% compared to a 27% decline forecast for the industry in Germany.Board Change • Jun 01No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). Director Nils Skaset is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Norsk Renewables は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測BST:62L - アナリストの将来予測と過去の財務データ ( )NOK Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数9/30/202423-65-93-57N/A6/30/202422-75-83-47N/A3/31/202422-58-56-20N/A12/31/202316-68-279N/A9/30/20239-5400N/A6/30/202313-61-33-29N/A3/31/202313-54-53-48N/A12/31/202213-52-83-72N/A9/30/202219-52N/AN/AN/A6/30/202214-34N/AN/AN/A3/31/202213-45N/AN/AN/A12/31/202114-35-69-19N/A12/31/20209-20-181N/A12/31/20191-11-74-35N/A12/31/20180-12-13-12N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 62Lの予測収益成長が 貯蓄率 ( 1% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 62Lの収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 62Lの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 62Lの収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 62Lの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 62Lの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YUtilities 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/02/11 16:32終値2025/01/30 00:00収益2024/09/30年間収益2023/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Norsk Renewables AS 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Magnus SolheimFearnley SecuritiesIrmantas VaskelaNorne Securities ASIgnas LekštysNorne Securities AS
Breakeven Date Change • May 23No longer forecast to breakevenThe analyst covering Norsk Solar no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr23.6m in 2025. New forecast suggests the company will make a loss of kr72.0m in 2025.
Breakeven Date Change • Dec 31Forecast to breakeven in 2025The analyst covering Norsk Solar expects the company to break even for the first time. New forecast suggests the company will make a profit of kr40.0m in 2025. Average annual earnings growth of 26% is required to achieve expected profit on schedule.
お知らせ • Aug 22Norsk Renewables AS Announces resignation of Christine Mork as Chief financial officerNorsk Renewables AS announced that Chief financial officer, Christine Mork, has informed the CEO and board of directors of Norsk Renewables that she has decided to resign from her position as CFO in order to pursue opportunities outside of the Company. Christine will continue to support the Company throughout the notice period.
New Risk • Apr 07New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 163% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (87% average daily change). Earnings are forecast to decline by an average of 23% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (163% increase in shares outstanding). Market cap is less than US$10m (€6.43m market cap, or US$6.97m). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (kr132m net loss in 3 years). Revenue is less than US$5m (kr16m revenue, or US$1.4m).
お知らせ • Feb 27Norsk Renewables AS to Report Q4, 2023 Results on Mar 21, 2024Norsk Renewables AS announced that they will report Q4, 2023 results on Mar 21, 2024
New Risk • Feb 18New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 163% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (28% average weekly change). Earnings are forecast to decline by an average of 24% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (163% increase in shares outstanding). Revenue is less than US$1m (kr9.3m revenue, or US$884k). Market cap is less than US$10m (€6.88m market cap, or US$7.41m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (kr87m net loss in 2 years).
お知らせ • Feb 14Norsk Renewables AS announced that it expects to receive NOK 45 million in funding from Valinor AsNorsk Renewables AS announced a private placement of minimum of 100,000,000 common shares and maximum of 150,000,000 common shares at an issue price of NOK 0.30 per share for the minimum gross proceeds of NOK 30,000,000 and maximum gross proceeds of NOK 45,000,000 on February 13, 2024. The transaction will include participation from new investor Valinor As for NOK 30,000,000.
お知らせ • Jan 23+ 4 more updatesNorsk Renewables AS to Report First Half, 2024 Results on Aug 28, 2024Norsk Renewables AS announced that they will report first half, 2024 results on Aug 28, 2024
Reported Earnings • Nov 30Third quarter 2023 earnings released: kr0.24 loss per share (vs kr0.33 loss in 3Q 2022)Third quarter 2023 results: kr0.24 loss per share (improved from kr0.33 loss in 3Q 2022). Net loss: kr18.0m (loss narrowed 28% from 3Q 2022). Revenue is forecast to grow 99% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Renewable Energy industry in Germany.
New Risk • Oct 19New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.26m (US$9.79m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr33m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Market cap is less than US$10m (€9.26m market cap, or US$9.79m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr83m net loss in 2 years). Revenue is less than US$5m (kr13m revenue, or US$1.2m).
Reported Earnings • Aug 31Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr5.71m (flat on 2Q 2022). Net loss: kr6.26m (down 461% from profit in 2Q 2022). Revenue is forecast to grow 88% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Renewable Energy industry in Germany.
お知らせ • Aug 03Norsk Solar Appoints Christine Mork as New Chief Financial OfficerNorsk Solar announced the appointment of Christine Mork as its new Chief Financial Officer (CFO), effective 1st of August 2023. With a distinguished career in financial management and a passion for sustainable development, Christine brings invaluable expertise and leadership to the Norsk Solar team. The company have gotten to know Christine these last months while she has acted in the role as a hired consultant. As CFO, Christine will play a pivotal role in guiding Norsk Solar`s financial strategy and bolstering its position as a player in the rapidly expanding renewable energy market. Her experience in financial planning, analysis, and capital management will be instrumental in driving Norsk Solar`s continued growth and success. Norsk Solar has an interesting pipeline of renewable energy projects, providing sustainable solutions to a wide range of clients with a focus on emerging countries. With her vast international experience, the appointment will be important for the company`s journey, developing the position as a salient contributor in the renewable energy industry.
Reported Earnings • Jun 14First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr2.02m (up 14% from 1Q 2022). Net loss: kr15.9m (loss widened 4.4% from 1Q 2022). Revenue is forecast to grow 90% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Renewable Energy industry in Germany.
Breakeven Date Change • May 23No longer forecast to breakevenThe analyst covering Norsk Solar no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr23.6m in 2025. New forecast suggests the company will make a loss of kr72.0m in 2025.
お知らせ • May 23Norsk Solar AS Announces Resignation of Joakim Brønner Johnsen from the BoardNorsk Solar AS announced Joakim Brønner Johnsen resigns from the board due to new and extended role with his current employer.
お知らせ • May 19Norsk Solar Announces CEO ChangesNorsk Solar announced that Øyvind L. Vesterdal will be stepping down as CEO, effective 16 May 2023. He will be succeeded by Torbjørn Elliot Kirkeby-Garstad, who will take over as CEO on the same day. Øyvind Laugen Vesterdal, co-founder of Norsk Solar and the company's third largest shareholder, has been CEO in Norsk Solar since its establishment and has played an essential role in developing the company. Vesterdal has decided to step down and pass the reins to Torbjørn Elliot Kirkeby-Garstad. Kirkeby-Garstad brings with him 16 years of experience operating as an industrial renewable investor in the power industry. He has done successful industrial renewable investments in a wide range of emerging markets and is well-positioned to lead the company into its next phase of growth. Øyvind remains in an advisory role with the company until end of August 2023 to assist with the transition.
Reported Earnings • Mar 24Full year 2022 earnings released: kr0.70 loss per share (vs kr0.46 loss in FY 2021)Full year 2022 results: kr0.70 loss per share (further deteriorated from kr0.46 loss in FY 2021). Net loss: kr52.4m (loss widened 51% from FY 2021).
Breakeven Date Change • Dec 31Forecast to breakeven in 2025The analyst covering Norsk Solar expects the company to break even for the first time. New forecast suggests the company will make a profit of kr40.0m in 2025. Average annual earnings growth of 26% is required to achieve expected profit on schedule.
お知らせ • Dec 30+ 5 more updatesNorsk Solar AS to Report Q4, 2022 Results on Mar 22, 2023Norsk Solar AS announced that they will report Q4, 2022 results on Mar 22, 2023
Reported Earnings • Dec 01Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr10.1m (up 200% from 3Q 2021). Net loss: kr24.9m (loss widened 133% from 3Q 2021). Revenue is forecast to grow 95% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Renewable Energy industry in Germany.
Board Change • Nov 16No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). Director Nils Skaset is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
Reported Earnings • Sep 01Second quarter 2022 earnings releasedSecond quarter 2022 results: Net income: kr1.73m (up kr1.73m from 2Q 2021). Over the next year, revenue is forecast to grow 54% compared to a 10.0% decline forecast for the Renewable Energy industry in Germany.
Reported Earnings • Jun 15First quarter 2022 earnings releasedFirst quarter 2022 results: Net loss: kr29.9m (flat on 1Q 2021). Over the next year, revenue is expected to shrink by 4.0% compared to a 27% decline forecast for the industry in Germany.
Board Change • Jun 01No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). Director Nils Skaset is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.