62L Stock Overview
An independent power producer, owns, develops, finances, builds, and operates solar power plants in Norway.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
Norsk Renewables AS Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr0.013 |
| 52 Week High | kr0.20 |
| 52 Week Low | kr0.0022 |
| Beta | 0.53 |
| 11 Month Change | 0% |
| 3 Month Change | 153.85% |
| 1 Year Change | -90.77% |
| 33 Year Change | -98.54% |
| 5 Year Change | n/a |
| Change since IPO | -98.74% |
Recent News & Updates
Recent updates
Shareholder Returns
| 62L | DE Renewable Energy | DE Market | |
|---|---|---|---|
| 7D | 0% | -1.0% | 0.008% |
| 1Y | -90.8% | -36.3% | 3.1% |
Return vs Industry: 62L underperformed the German Renewable Energy industry which returned -36.3% over the past year.
Return vs Market: 62L underperformed the German Market which returned 3.1% over the past year.
Price Volatility
| 62L volatility | |
|---|---|
| 62L Average Weekly Movement | n/a |
| Renewable Energy Industry Average Movement | 4.6% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 10.4% |
| 10% least volatile stocks in DE Market | 2.6% |
Stable Share Price: 62L's share price has been volatile over the past 3 months.
Volatility Over Time: Insufficient data to determine 62L's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | 35 | Torbjorn Kirkeby-Garstad | norskrenewables.com |
Norsk Renewables AS, an independent power producer, owns, develops, finances, builds, and operates solar power plants in Norway. The company has proportionate ownership of 24 megawatts in 88 megawatts of solar power plants. It serves its products to utility and large corporate off-takers.
Norsk Renewables AS Fundamentals Summary
| 62L fundamental statistics | |
|---|---|
| Market cap | €5.12m |
| Earnings (TTM) | -€5.12m |
| Revenue (TTM) | €1.96m |
2.6x
P/S Ratio-1.0x
P/E RatioIs 62L overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 62L income statement (TTM) | |
|---|---|
| Revenue | kr22.17m |
| Cost of Revenue | kr0 |
| Gross Profit | kr22.17m |
| Other Expenses | kr80.02m |
| Earnings | -kr57.84m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Aug 29, 2024
| Earnings per share (EPS) | -0.28 |
| Gross Margin | 100.00% |
| Net Profit Margin | -260.92% |
| Debt/Equity Ratio | 947.7% |
How did 62L perform over the long term?
See historical performance and comparison