VR1 Stock Overview
Develops, builds, owns, operates, and charters out purpose-built service operation vessels (SOVs) and commissioning service operation vessels (CSOVs) for offshore wind farms worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
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Edda Wind ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 1.46 |
| 52 Week High | NOK 2.19 |
| 52 Week Low | NOK 1.46 |
| Beta | 0.57 |
| 1 Month Change | -7.59% |
| 3 Month Change | -11.78% |
| 1 Year Change | -27.36% |
| 3 Year Change | -50.34% |
| 5 Year Change | n/a |
| Change since IPO | -48.95% |
Recent News & Updates
Recent updates
Shareholder Returns
| VR1 | DE Shipping | DE Market | |
|---|---|---|---|
| 7D | -3.9% | 2.4% | 0.5% |
| 1Y | -27.4% | -9.8% | 15.3% |
Return vs Industry: VR1 underperformed the German Shipping industry which returned -9.8% over the past year.
Return vs Market: VR1 underperformed the German Market which returned 15.3% over the past year.
Price Volatility
| VR1 volatility | |
|---|---|
| VR1 Average Weekly Movement | 7.0% |
| Shipping Industry Average Movement | 5.4% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in DE Market | 11.3% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: VR1's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: VR1's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | 23 | Hermann Overlie | eddawind.com |
Edda Wind ASA develops, builds, owns, operates, and charters out purpose-built service operation vessels (SOVs) and commissioning service operation vessels (CSOVs) for offshore wind farms worldwide. It owns and operates two purpose-built SOVs; operates one chartered in frontrunner vessel; and has 8 offshore wind vessels under construction, which include two offshore wind SOVs and six offshore wind CSOVs. The company was founded in 2015 and is headquartered in Haugesund, Norway.
Edda Wind ASA Fundamentals Summary
| VR1 fundamental statistics | |
|---|---|
| Market cap | €189.26m |
| Earnings (TTM) | -€6.98m |
| Revenue (TTM) | €55.26m |
3.4x
P/S Ratio-27.1x
P/E RatioIs VR1 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VR1 income statement (TTM) | |
|---|---|
| Revenue | €55.26m |
| Cost of Revenue | €24.09m |
| Gross Profit | €31.17m |
| Other Expenses | €38.15m |
| Earnings | -€6.98m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 26, 2025
| Earnings per share (EPS) | -0.054 |
| Gross Margin | 56.40% |
| Net Profit Margin | -12.62% |
| Debt/Equity Ratio | 100.8% |
How did VR1 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 02:39 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
Edda Wind ASA is covered by 4 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Martin Karlsen | DNB Markets |
| Magnus Solheim | Fearnley Securities |
| Magnus Andersen | Fearnley Securities |