MGN logo

Magnora Stock Price

Symbol: OB:MGNMarket Cap: NOK 1.5bCategory: Utilities

MGN Share Price Performance

Recent MGN News & Updates

No updates

Magnora ASA Key Details

-NOK 3.0m

Revenue

-NOK 4.8m

Cost of Revenue

NOK 1.8m

Gross Profit

-NOK 238.4m

Other Expenses

NOK 240.2m

Earnings

Last Reported Earnings
Jun 30, 2025
Next Reporting Earnings
Oct 24, 2025
Earnings per share (EPS)
3.76
Gross Margin
-60.00%
Net Profit Margin
-8,006.67%
Debt/Equity Ratio
0%

Magnora ASA Competitors

 
 
 
 
 
 
 
 
 
 
 
 

About MGN

Founded
2001
Employees
33
CEO
Erik Sneve
WebsiteView website
www.magnoraasa.com

Magnora ASA operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom. The company focuses on developing wind, solar photovoltaic (PV), and battery storage projects. It serves renewable energy operators, investment and oil companies, and global marine contractors. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.

Norwegian Market Performance

  • 7 Days: -0.4%
  • 3 Months: 5.7%
  • 1 Year: 6.9%
  • Year to Date: 4.8%
In the last week, the market has been flat. Meanwhile, the market is actually up 6.9% over the past year. Earnings are forecast to grow by 11% annually. Market details ›
This week, we’re diving deeper into the world of agentic AI. We’re zeroing in on the core technologies that make these intelligent agents actually reliably work. We explore what all this could mean for software, start-ups, and most importantly, the opportunities and risks each industry faces by adopting Agentic AI.
Continue reading