OB:GJF
OB:GJFInsurance

Gjensidige Forsikring (OB:GJF): Evaluating Valuation as Quarterly Dip Contrasts Strong Nine-Month Earnings Growth

Gjensidige Forsikring (OB:GJF) just posted its latest earnings, revealing a dip in quarterly net income and earnings per share from last year's third quarter. However, strong nine-month results highlight notable year-on-year gains for the insurer. See our latest analysis for Gjensidige Forsikring. Gjensidige Forsikring’s latest earnings have added some nuance to the stock’s upward journey this year. Despite a softer third quarter, the 2025 nine-month results impressed investors and helped...
OB:SUBC
OB:SUBCEnergy Services

The Bull Case For Subsea 7 (OB:SUBC) Could Change Following NOK6.50 Dividend Announcement—Learn Why

On 28 October 2025, Subsea 7 S.A. announced a dividend of NOK6.50 per share, with an ex-dividend date set for 29 October 2025. This dividend declaration is a meaningful event that can shift investor focus toward the company’s capital returns and future cash generation potential. We'll explore how Subsea 7's significant dividend announcement may influence the company's investment outlook and earnings stability assumptions. This technology could replace computers: discover 28 stocks that are...
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: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: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: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:HAUTO
OB:HAUTOShipping

Höegh Autoliners (OB:HAUTO): Assessing Valuation After Mixed Q3 Earnings and Nine-Month Results

Höegh Autoliners (OB:HAUTO) just released its third quarter and nine-month earnings, showing higher sales but a dip in net income compared to last year. Investors are now weighing what this mixed performance means for the stock. See our latest analysis for Höegh Autoliners. Höegh Autoliners’ latest financial update sparked some turbulence in the market, with the share price dropping nearly 18% over the past month. However, the company’s 12.6% total shareholder return over the last year, along...
OB:DVD
OB:DVDEnergy Services

Deep Value Driller (OB:DVD) Margins Improve, Challenging Bearish Growth Narratives

Deep Value Driller (OB:DVD) posted net profit margins of 44.8%, climbing from last year’s 35.5%, while annual earnings growth landed at 39.1%. This is a solid result, though it trails the five-year average of 71.3%. The company is now trading at a P/E ratio of 6.7x, which is below the peer group’s 8.1x average, but commands a slight premium to the wider Norwegian Energy Services sector at 6.1x. With healthy profitability and upbeat value metrics, DVD’s results catch the eye, even as headwinds...
OB:NOD
OB:NODSemiconductor

Nordic Semiconductor (OB:NOD): Valuation Insights Following Q3 Earnings and Strategic Updates

Nordic Semiconductor (OB:NOD) shares took a dip after the company released its third-quarter earnings. The report showed revenue growth, but EBITDA fell short of expectations, in part due to higher payroll and acquisition costs. See our latest analysis for Nordic Semiconductor. After a strong run in recent months, Nordic Semiconductor’s share price dropped sharply following the earnings miss, declining 10.15% over the past week and finishing at NOK 147.0. Even with this pullback, the stock...
OB:KIT
OB:KITElectronic

Is Kitron's €100 Million Defence Win and Upgraded Outlook Altering the Investment Case for Kitron (OB:KIT)?

Kitron recently reported strong third-quarter and nine-month earnings, raised its full-year revenue and operating profit guidance, and secured a €100 million order from a Defence/Aerospace client, with deliveries scheduled through 2026. This combination of robust financial results, an improved outlook, and substantial new business reflects growing demand in Kitron’s Defence/Aerospace segment and signals increased market confidence. To understand the impact of this sizeable Defence/Aerospace...
OB:VENDA
OB:VENDAInteractive Media and Services

Does Earnings Miss and Index Removal Change the Bull Case for Vend Marketplaces (OB:VENDA)?

Vend Marketplaces ASA recently reported third quarter 2025 earnings, revealing a swing from a net income of NOK 5.10 billion a year ago to a net loss of NOK 651 million, alongside its removal from several major global indices including the FTSE All-World and S&P Global BMI. In the same period, the company also implemented significant corporate changes by collapsing its dual share class structure through amendments to its articles of association. We’ll explore how the earnings disappointment...
OB:NAS
OB:NASAirlines

A Look at Norwegian Air Shuttle (OB:NAS) Valuation Following Strong Revenue and Profit Growth

Norwegian Air Shuttle (OB:NAS) just delivered its latest earnings results, showing jumps in both revenue and net income for the third quarter and year-to-date compared to last year. Investors are taking note of this operational momentum. See our latest analysis for Norwegian Air Shuttle. Norwegian Air Shuttle’s strong earnings have fueled optimism, with the share price up 38.2% year-to-date and a substantial 57.3% total shareholder return over the past year. This momentum suggests investors...
OB:HAUTO
OB:HAUTOShipping

Höegh Autoliners (OB:HAUTO): Deep Discount to Fair Value Challenges Bearish Margin Narrative

Höegh Autoliners (OB:HAUTO) is facing a challenging outlook, with revenue projected to fall by 3.1% each year and earnings anticipated to decrease sharply by 35.4% per year over the next three years. While net profit margins remain high at 43.5%, only a slight dip from last year’s 44.7%, the company’s shares currently trade at a notable discount to estimated fair value. The price-to-earnings ratio of 2.8x also stands out as well below peer and industry averages. For investors, the mix of...
OB:EQNR
OB:EQNROil and Gas

Equinor (OB:EQNR) Net Profit Margin Drops to 5.3%, Reinforcing Cautious Valuation Narratives

Equinor (OB:EQNR) reported earnings that tell a mixed story for investors. Revenue is forecast to decline by 4.7% per year over the next three years, while EPS is expected to grow at a rate of 5.53% annually. Notably, the company’s net profit margin has compressed to 5.3% from 9% last year, reflecting a challenging recent period after negative earnings growth over the past year. However, looking further back, average annual earnings growth reached 16.8% over the past five years, and Equinor...