RN2 logo

North Energy DB:RN2 Stock Report

Last Price

€0.19

Market Cap

€24.3m

7D

-1.0%

1Y

9.2%

Updated

25 Dec, 2024

Data

Company Financials

RN2 Stock Overview

An industrial investment company, owns, manages, and provides financing for activities within the energy and other industries in Norway. More details

RN2 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health3/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

North Energy ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for North Energy
Historical stock prices
Current Share PriceNOK 0.19
52 Week HighNOK 0.27
52 Week LowNOK 0.16
Beta0.65
1 Month Change-18.53%
3 Month Change1.61%
1 Year Change9.25%
3 Year Change-29.74%
5 Year Changen/a
Change since IPO-40.00%

Recent News & Updates

Recent updates

Shareholder Returns

RN2DE Capital MarketsDE Market
7D-1.0%-1.3%-0.3%
1Y9.2%20.5%7.0%

Return vs Industry: RN2 underperformed the German Capital Markets industry which returned 20.4% over the past year.

Return vs Market: RN2 exceeded the German Market which returned 6.8% over the past year.

Price Volatility

Is RN2's price volatile compared to industry and market?
RN2 volatility
RN2 Average Weekly Movement8.1%
Capital Markets Industry Average Movement4.5%
Market Average Movement4.9%
10% most volatile stocks in DE Market11.6%
10% least volatile stocks in DE Market2.4%

Stable Share Price: RN2's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: RN2's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
20073Rachid Bendrisswww.northenergy.no

North Energy ASA, an industrial investment company, owns, manages, and provides financing for activities within the energy and other industries in Norway. The company was founded in 2007 and is headquartered in Oslo, Norway.

North Energy ASA Fundamentals Summary

How do North Energy's earnings and revenue compare to its market cap?
RN2 fundamental statistics
Market cap€24.26m
Earnings (TTM)€2.32m
Revenue (TTM)€6.84k

10.5x

P/E Ratio

3,546x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RN2 income statement (TTM)
RevenueNOK 81.00k
Cost of RevenueNOK 0
Gross ProfitNOK 81.00k
Other Expenses-NOK 27.39m
EarningsNOK 27.47m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 14, 2025

Earnings per share (EPS)0.23
Gross Margin100.00%
Net Profit Margin33,916.05%
Debt/Equity Ratio0.002%

How did RN2 perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

43%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 07:58
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

North Energy ASA is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christian YggesethArctic Securities ASA
Kjetil BakkenCarnegie Investment Bank AB
Helge MartinsenDNB Markets