NOFIN Stock Overview
An energy company, focuses on solar power and renewable energy businesses in Europe. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Nordic Financials ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 0.29 |
| 52 Week High | NOK 2.45 |
| 52 Week Low | NOK 0.11 |
| Beta | 0.99 |
| 1 Month Change | -16.29% |
| 3 Month Change | -46.73% |
| 1 Year Change | -87.26% |
| 3 Year Change | -93.59% |
| 5 Year Change | -92.43% |
| Change since IPO | -99.80% |
Recent News & Updates
Recent updates
Is Aega (OB:AEGA) Weighed On By Its Debt Load?
Aug 13
Is Aega (OB:AEGA) Using Debt Sensibly?
Apr 13Is Aega (OB:AEGA) Using Debt Sensibly?
Oct 26Is Aega (OB:AEGA) Weighed On By Its Debt Load?
Jul 13Is Aega (OB:AEGA) A Risky Investment?
Jun 10Does Aega (OB:AEGA) Have A Healthy Balance Sheet?
Sep 07Does Aega (OB:AEGA) Have A Healthy Balance Sheet?
Apr 28Should You Take Comfort From Insider Transactions At Aega ASA (OB:AEGA)?
Feb 28Is Aega (OB:AEGA) Using Debt In A Risky Way?
Jan 07
Shareholder Returns
| NOFIN | NO Renewable Energy | NO Market | |
|---|---|---|---|
| 7D | 14.0% | 4.7% | 0.8% |
| 1Y | -87.3% | 1.7% | 8.7% |
Return vs Industry: NOFIN underperformed the Norwegian Renewable Energy industry which returned -0.1% over the past year.
Return vs Market: NOFIN underperformed the Norwegian Market which returned 8.4% over the past year.
Price Volatility
| NOFIN volatility | |
|---|---|
| NOFIN Average Weekly Movement | 43.4% |
| Renewable Energy Industry Average Movement | 4.3% |
| Market Average Movement | 5.1% |
| 10% most volatile stocks in NO Market | 12.0% |
| 10% least volatile stocks in NO Market | 2.6% |
Stable Share Price: NOFIN's share price has been volatile over the past 3 months compared to the Norwegian market.
Volatility Over Time: NOFIN's weekly volatility has decreased from 49% to 43% over the past year, but is still higher than 75% of Norwegian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 2 | Nils Skaset | aega.no |
Nordic Financials ASA, an energy company, focuses on solar power and renewable energy businesses in Europe. As of April 29, 2024, it owned and operated nine solar parks with a combined production capacity of approximately 11.8 GWh per year in Italy. The company was formerly known as Aega ASA.
Nordic Financials ASA Fundamentals Summary
| NOFIN fundamental statistics | |
|---|---|
| Market cap | NOK 5.26m |
| Earnings (TTM) | -NOK 22.51m |
| Revenue (TTM) | NOK 38.74m |
0.2x
P/S Ratio-0.3x
P/E RatioIs NOFIN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NOFIN income statement (TTM) | |
|---|---|
| Revenue | €3.29m |
| Cost of Revenue | -€112.52k |
| Gross Profit | €3.41m |
| Other Expenses | €5.32m |
| Earnings | -€1.91m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 28, 2025
| Earnings per share (EPS) | -0.08 |
| Gross Margin | 103.42% |
| Net Profit Margin | -58.09% |
| Debt/Equity Ratio | 0% |
How did NOFIN perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 07:16 |
| End of Day Share Price | 2025/01/30 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Nordic Financials ASA is covered by 1 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.
| Analyst | Institution |
|---|---|
| Leonas Bauzys | Norne Securities AS |