OB:BNOR
OB:BNOROil and Gas

BlueNord (OB:BNOR): Assessing Valuation on Strong Earnings and Proposed 2025 Dividend

BlueNord (OB:BNOR) caught investors’ attention as the company announced a proposed dividend of NOK 34.75 per share for the third quarter of 2025, pending approval at its upcoming EGM. This move comes in addition to a substantial boost in earnings through September. See our latest analysis for BlueNord. This proposed capital return arrived following robust Q3 and year-to-date results, which marked a noticeable shift in sentiment. BlueNord’s shares have rebounded in the short term, although the...
OB:NAS
OB:NASAirlines

Strong Q3 Results and Insider Purchases Might Change The Case For Investing In Norwegian Air Shuttle (OB:NAS)

Norwegian Air Shuttle ASA recently reported third-quarter 2025 earnings, revealing revenue of NOK 12,252 million and net income of NOK 2,549 million, both higher than the same period last year. In addition, several board members, including Daniel Skjeldam, have purchased shares in the company, which is often seen as a sign of confidence in its prospects. Given these insider share purchases, let’s explore how this may influence Norwegian Air Shuttle’s investment narrative and future...
OB:HAUTO
OB:HAUTOShipping

Rising U.S. Port Fees and Dividends Could Be a Game Changer for Höegh Autoliners (OB:HAUTO)

Höegh Autoliners ASA recently released its third quarter 2025 results, reporting sales of US$370.47 million and net income of US$131.17 million, alongside news of significant new U.S. port fees expected to raise annual costs by US$60-70 million and a revised dividend distribution plan. While the company saw strong volume growth in the Asian market, the combination of higher regulatory costs and adjusted dividend timing signals a focus on maintaining financial stability amid global...
OB:TEL
OB:TELTelecom

Do Telenor’s (OB:TEL) Asian Challenges Signal a Shift in Its Growth Strategy?

Telenor ASA recently reported third-quarter 2025 results, revealing sales of NOK 20,304 million and basic earnings per share from continuing operations of NOK 2.21, while guiding for 2–3% organic growth in Nordic service revenues for the full year 2025. While the Nordic region delivered steady growth, management highlighted headwinds in Asia, including foreign exchange challenges and spectrum-related costs, as well as a key regulatory step in the sale of Telenor Pakistan. We'll examine how...
OB:EQNR
OB:EQNROil and Gas

Will Higher Production and a Net Loss Shift Equinor's (OB:EQNR) Investment Narrative?

Equinor ASA recently released its third quarter 2025 financial results, reporting higher sales, revenue, and energy production alongside a net loss of US$210 million compared to net income in the prior year period. Additionally, Equinor's Board announced that Tone H. Bachke will step down to focus on her executive role as CFO at SHV Holding N.V., effective October 31, 2025. We'll now examine how Equinor's increased production, yet quarterly net loss, affects its investment narrative moving...
OB:ORK
OB:ORKFood

Orkla (OB:ORK) Valuation Spotlight as Orkla India’s Oversubscribed IPO Nears Debut

Orkla (OB:ORK) is drawing fresh attention as its India arm prepares to finalize IPO allotments and begin trading next week. The strong demand from institutional and retail investors highlights Orkla’s strategy in emerging markets. See our latest analysis for Orkla. Orkla’s share price has edged higher so far in 2025, supported by upbeat sentiment following the oversubscribed Orkla India IPO and anticipation around the upcoming quarterly report. While the stock has been a steady long-term...
OB:DOFG
OB:DOFGEnergy Services

A Fresh Look at DOF Group (OB:DOFG) Valuation After Securing New Guyana Vessel Contracts

DOF Group (OB:DOFG) has extended the contracts for its Skandi Nomad and Skandi Constructor vessels in Guyana, securing operational revenue until late 2026 and mid 2027. This development may interest investors evaluating the stock's future stability and cash flow. See our latest analysis for DOF Group. Following the news of contract extensions in Guyana, DOF Group’s 1-year total shareholder return stands at 10.57%, outpacing its year-to-date share price return of 4%. While the latest updates...
OB:VEND
OB:VENDInteractive Media and Services

Vend Marketplaces (OB:VEND) Valuation in Focus After Share Class Unification and Insider Participation in New Issue

Vend Marketplaces (OB:VEND) recently unified its share classes and has launched a new share issue, granting subscription rights to former A shareholders. Several key insiders opted to participate, which reflects confidence in the company’s next phase. See our latest analysis for Vend Marketplaces. After a turbulent stretch that included multiple index moves and some mixed earnings news, Vend Marketplaces’ share price has managed a 4.4% gain year-to-date, even as its 1-year total shareholder...
OB:STB
OB:STBInsurance

Assessing Storebrand (OB:STB) Valuation After Strong Q3 Profit and EPS Growth

Storebrand (OB:STB) caught investor attention after reporting third quarter net income of NOK 1,330 million, up from NOK 1,111 million last year. Earnings per share also saw a year-over-year improvement. See our latest analysis for Storebrand. Following its upbeat quarterly report, Storebrand’s share price momentum has gathered pace, with a 5.9% gain over the past three months and an impressive year-to-date share price return of 29.2%. Investors looking at the longer horizon will note the...
OB:AKER
OB:AKERIndustrials

Aker (OB:AKER) Valuation in Focus Following Strong Share Price Momentum

Aker (OB:AKER) shares have been on the move recently. Investors may be paying close attention to performance trends, given the company’s strong rise of 53% over the past year, as well as an increase of more than double over five years. See our latest analysis for Aker. Aker's latest price movement suggests momentum is still building, with a 15.2% share price return over the past 90 days adding to a remarkable one-year total shareholder return exceeding 52%. With the share price now at NOK...
OB:SCATC
OB:SCATCRenewable Energy

Scatec (OB:SCATC) Valuation in Focus After Guidance Boost and New Growth Targets

Scatec (OB:SCATC) raised its full-year 2025 EBITDA guidance after a strong third quarter, citing higher revenue, a larger renewable energy project backlog, and solid advances in battery storage integration. The company also reaffirmed its 2030 strategic roadmap, which focuses on profitable growth and reducing debt. See our latest analysis for Scatec. Momentum appears to be building for Scatec after its latest guidance upgrade, with a year-to-date share price return of nearly 32% and a 1-year...
OB:NORBT
OB:NORBTElectronic

Does New NOK 120 Million Defence Order Shift the Growth Narrative for Norbit (OB:NORBT)?

Norbit recently announced that its PIR segment has secured a NOK 120 million contract manufacturing order from a European client in the defence and security sector, with deliveries expected in late 2025 and early 2026, following a prior NOK 100 million award targeting early 2026. This series of defence-oriented contracts underscores Norbit's growing footprint in high-value manufacturing partnerships within sensitive European security markets, reflecting increased traction for its PIR...
OB:SPOL
OB:SPOLBanks

How Stronger-Than-Expected ROE at SpareBank 1 Østlandet (OB:SPOL) Has Changed Its Investment Story

SpareBank 1 Østlandet recently reported third quarter 2025 earnings, with net interest income of NOK 1.19 billion and a return on equity of 13.5%, exceeding its long-term target. Despite a decrease in quarterly net income, the bank maintained robust performance in retail lending and announced plans to improve operational efficiency heading into its upcoming strategy period. We’ll examine how SpareBank 1 Østlandet’s stronger-than-expected return on equity impacts its investment outlook and...
OB:NONG
OB:NONGBanks

How Do Dividends and Retail Growth Shape SpareBank 1 Nord-Norge’s (OB:NONG) Investment Outlook?

SpareBank 1 Nord-Norge reported third quarter 2025 earnings with net interest income of NOK 1,017 million and net income of NOK 893 million, compared to NOK 1,028 million and NOK 1,335 million respectively in the prior year. Despite a year-over-year decline in quarterly net income, management highlighted record-high retail market growth and strong profit before tax, emphasizing capital discipline and intentions to pay out at least 50 percent of profits as dividends. Let's explore how...
OB:SEA1
OB:SEA1Energy Services

Sea1 Offshore (OB:SEA1) Margin Halves to 37.7%, Raising Questions on Profit Sustainability

Sea1 Offshore (OB:SEA1) posted a net profit margin of 37.7%, a notable step down from last year’s 75.4% mark. Over the last five years, the company has achieved annual cumulative earnings growth of 55.4%. However, revenue is only expected to grow 0.4% per year going forward, which lags behind the broader Norwegian market’s 2.4% forecast. Despite a price-to-earnings ratio of just 3x and a share price well below fair value at NOK20.05, the outlook is clouded by expectations that earnings will...
OB:AKBM
OB:AKBMFood

Aker BioMarine (OB:AKBM) Deepening Losses Challenge Bull Case Despite Strong Profit and Revenue Forecasts

Aker BioMarine (OB:AKBM) remains in the red, with losses deepening at 15% per year over the last five years and continued unprofitability during the latest period. Looking ahead, earnings are projected to grow 115.9% per year, and the company is expected to turn profitable within the next three years. Revenue is also forecast to outpace the wider Norwegian market with annual growth of 10.8%. These growth drivers, combined with no identified risks and two key rewards for investors, set the...