M Vest Water AS

OB:MVW Stock Report

Market Cap: NOK 211.8m

M Vest Water Past Earnings Performance

Past criteria checks 0/6

M Vest Water's earnings have been declining at an average annual rate of -3.2%, while the Chemicals industry saw earnings growing at 0.5% annually. Revenues have been growing at an average rate of 53.7% per year.

Key information

-3.17%

Earnings growth rate

-0.73%

EPS growth rate

Chemicals Industry Growth32.60%
Revenue growth rate53.73%
Return on equity-71.29%
Net Margin-68.07%
Next Earnings Update15 Sep 2026

Recent past performance updates

Recent updates

Narrative Update Jun 26

MVW: Higher Future P/E Assumptions Will Support A Stronger Rerating

The analyst price target for M Vest Water has been revised from NOK 11.50 to NOK 7.00, as analysts now apply updated assumptions on the discount rate, expected revenue growth, profit margins and future P/E levels. What’s in the News for M Vest Water No recent company specific news items for M Vest Water were available from the provided sources as of 24 Jun 2026.
New Narrative Feb 23

Regulatory Uncertainty In Aquaculture Will Challenge Green Water Treatment But Long Term Potential Remains

Catalysts About M Vest Water M Vest Water develops green technologies and consumable chemicals for industrial water and wastewater treatment across aquaculture, oil and gas, and dredging markets. What are the underlying business or industry changes driving this perspective?
New Narrative Feb 04

Green Water Regulations Will Drive Strong Long Term Upside Potential

Catalysts About M Vest Water M Vest Water develops green technologies and products for industrial water and wastewater treatment, including natural chemicals and filtration solutions. What are the underlying business or industry changes driving this perspective?

Revenue & Expenses Breakdown

How M Vest Water makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OB:MVW Revenue, expenses and earnings (NOK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2628-19200
31 Dec 2527-19200
30 Sep 2524-21210
30 Jun 2522-22210
31 Mar 2524-24220
31 Dec 2423-25210
30 Sep 2419-27210
30 Jun 2417-28200
31 Mar 2411-27190
31 Dec 2311-28190
30 Sep 2311-27180
30 Jun 237-27170
31 Mar 234-29160
31 Dec 222-29140
30 Sep 221-33180
30 Jun 221-36220
31 Mar 221-33200
31 Dec 210-27170
30 Sep 211-16100
30 Jun 212-520
31 Mar 213-310
31 Dec 204010
31 Dec 191000

Quality Earnings: MVW is currently unprofitable.

Growing Profit Margin: MVW is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MVW is unprofitable, and losses have increased over the past 5 years at a rate of 3.2% per year.

Accelerating Growth: Unable to compare MVW's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MVW is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (1.2%).


Return on Equity

High ROE: MVW has a negative Return on Equity (-71.29%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/13 08:34
End of Day Share Price 2026/07/10 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

M Vest Water AS is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nils Olav ThommesenFearnley Securities
Nicolai TørnfeldtFearnley Securities
Mindaugas CekanaviciusNorne Securities AS