Goodtech ASA

OB:GOD Stock Report

Market Cap: NOK 391.1m

Goodtech Past Earnings Performance

Past criteria checks 5/6

Goodtech has been growing earnings at an average annual rate of 68.9%, while the Machinery industry saw earnings growing at 38.1% annually. Revenues have been growing at an average rate of 9.6% per year. Goodtech's return on equity is 11.6%, and it has net margins of 4.9%.

Key information

68.91%

Earnings growth rate

68.88%

EPS growth rate

Machinery Industry Growth14.77%
Revenue growth rate9.58%
Return on equity11.64%
Net Margin4.88%
Next Earnings Update17 Jul 2026

Recent past performance updates

Analysis Article May 15

We Like Goodtech's (OB:GOD) Earnings For More Than Just Statutory Profit

Goodtech ASA's ( OB:GOD ) solid earnings announcement recently didn't do much to the stock price. We did some analysis...
Analysis Article Nov 13

There May Be Some Bright Spots In Goodtech's (OB:GOD) Earnings

Goodtech ASA's ( OB:GOD ) stock was strong despite it releasing a soft earnings report last week. We think that...

Recent updates

Analysis Article May 15

We Like Goodtech's (OB:GOD) Earnings For More Than Just Statutory Profit

Goodtech ASA's ( OB:GOD ) solid earnings announcement recently didn't do much to the stock price. We did some analysis...
New Narrative May 09

Automation And Service Expansion Will Support A Stronger Long Term Earnings Profile

Catalysts About Goodtech Goodtech delivers automation, digitalization and system integration solutions for industrial and process industry customers. What are the underlying business or industry changes driving this perspective?
Analysis Article Feb 14

What Goodtech ASA's (OB:GOD) P/E Is Not Telling You

Goodtech ASA's ( OB:GOD ) price-to-earnings (or "P/E") ratio of 17.9x might make it look like a sell right now compared...
Analysis Article Dec 18

Goodtech (OB:GOD) Is Looking To Continue Growing Its Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Analysis Article Nov 13

There May Be Some Bright Spots In Goodtech's (OB:GOD) Earnings

Goodtech ASA's ( OB:GOD ) stock was strong despite it releasing a soft earnings report last week. We think that...
Analysis Article Nov 01

Pinning Down Goodtech ASA's (OB:GOD) P/E Is Difficult Right Now

When close to half the companies in Norway have price-to-earnings ratios (or "P/E's") below 12x, you may consider...
Analysis Article May 14

Goodtech's (OB:GOD) Conservative Accounting Might Explain Soft Earnings

Goodtech ASA's ( OB:GOD ) recent soft profit numbers didn't appear to worry shareholders, as the stock price showed...
Analysis Article Apr 18

Shareholders Will Probably Not Have Any Issues With Goodtech ASA's (OB:GOD) CEO Compensation

Key Insights Goodtech will host its Annual General Meeting on 24th of April Total pay for CEO Margrethe Hauge includes...
Analysis Article Dec 09

Is Goodtech (OB:GOD) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Nov 14

Goodtech ASA's (OB:GOD) 26% Dip In Price Shows Sentiment Is Matching Revenues

The Goodtech ASA ( OB:GOD ) share price has fared very poorly over the last month, falling by a substantial 26%. The...
Analysis Article Nov 02

Impressive Earnings May Not Tell The Whole Story For Goodtech (OB:GOD)

Investors were disappointed with Goodtech ASA's ( OB:GOD ) earnings, despite the strong profit numbers. We think that...
Analysis Article Oct 26

Is Now The Time To Put Goodtech (OB:GOD) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jul 20

Goodtech (OB:GOD) Has A Pretty Healthy Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Apr 11

Returns On Capital Are Showing Encouraging Signs At Goodtech (OB:GOD)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analysis Article Feb 24

Here's Why Goodtech (OB:GOD) Can Manage Its Debt Responsibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Oct 06

We Think Goodtech (OB:GOD) Is Taking Some Risk With Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jun 13

Returns At Goodtech (OB:GOD) Are On The Way Up

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Apr 28

Goodtech (OB:GOD) Has A Pretty Healthy Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Feb 27

The Return Trends At Goodtech (OB:GOD) Look Promising

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Analysis Article May 17

Goodtech (OB:GOD) Has Debt But No Earnings; Should You Worry?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Revenue & Expenses Breakdown

How Goodtech makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OB:GOD Revenue, expenses and earnings (NOK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26700343960
31 Dec 25724303910
30 Sep 25707173820
30 Jun 25684173760
31 Mar 25707173710
31 Dec 24717163630
30 Sep 24663203290
30 Jun 24734143240
31 Mar 24760113170
31 Dec 23729123090
30 Sep 2374713270
30 Jun 2364423160
31 Mar 2355713040
31 Dec 22515-12940
30 Sep 2243932710
30 Jun 22436-22670
31 Mar 22449-52660
31 Dec 21456-102560
30 Sep 21525-102660
30 Jun 21534-62550
31 Mar 21537-32410
31 Dec 20516-22380
30 Sep 20496-82390
30 Jun 20483-102420
31 Mar 20451-82430
31 Dec 19449-22390
30 Sep 19438-12470
30 Jun 1943962440
31 Mar 1944942490
31 Dec 18444-32500
30 Sep 18553-82640
30 Jun 18593-132740
31 Mar 18621-152810
31 Dec 17689-152920
30 Sep 17639-472880
30 Jun 17649-482880
31 Mar 17711-542970
31 Dec 16704-623020
30 Sep 16706-953070
30 Jun 16709-1003100
31 Mar 16691-873040
31 Dec 15698-742980
30 Sep 1565762330
30 Jun 15658132380

Quality Earnings: GOD has high quality earnings.

Growing Profit Margin: GOD's current net profit margins (4.9%) are higher than last year (2.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: GOD has become profitable over the past 5 years, growing earnings by 68.9% per year.

Accelerating Growth: GOD's earnings growth over the past year (98.8%) exceeds its 5-year average (68.9% per year).

Earnings vs Industry: GOD earnings growth over the past year (98.8%) exceeded the Machinery industry 14.2%.


Return on Equity

High ROE: GOD's Return on Equity (11.6%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/15 21:11
End of Day Share Price 2026/06/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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

Goodtech ASA is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tomas SkeivysNorne Securities AS
Rytis MikelionisNorne Securities AS
Evelina SarulNorne Securities AS