Norsk Renewables Past Earnings Performance
Past criteria checks 0/6
Norsk Renewables's earnings have been declining at an average annual rate of -28.3%, while the Renewable Energy industry saw earnings growing at 28% annually. Revenues have been growing at an average rate of 26.2% per year.
Key information
-28.3%
Earnings growth rate
-25.7%
EPS growth rate
| Renewable Energy Industry Growth | 29.8% |
| Revenue growth rate | 26.2% |
| Return on equity | -414.0% |
| Net Margin | -445.9% |
| Next Earnings Update | 30 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Norsk Renewables makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 16 | -69 | 37 | 0 |
| 30 Sep 23 | 9 | -54 | 31 | 0 |
| 30 Jun 23 | 13 | -61 | 29 | 0 |
| 31 Mar 23 | 13 | -53 | 30 | 0 |
| 31 Dec 22 | 13 | -52 | 27 | 0 |
| 30 Sep 22 | 19 | -52 | 26 | 0 |
| 30 Jun 22 | 14 | -34 | 23 | 0 |
| 31 Mar 22 | 13 | -45 | 24 | 0 |
| 31 Dec 21 | 14 | -35 | 20 | 0 |
| 31 Dec 20 | 9 | -20 | 7 | 0 |
| 31 Dec 19 | 1 | -11 | 4 | 0 |
| 31 Dec 18 | 0 | -12 | 1 | 0 |
Quality Earnings: NSOL is currently unprofitable.
Growing Profit Margin: NSOL is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NSOL is unprofitable, and losses have increased over the past 5 years at a rate of 28.3% per year.
Accelerating Growth: Unable to compare NSOL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NSOL is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (17.2%).
Return on Equity
High ROE: NSOL has a negative Return on Equity (-414.04%), as it is currently unprofitable.