NORDIG Stock Overview
Operates a digital platform that allows users and partners to sell various insurance products in Norway. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
+ 1 more risk
Nord Insuretech Group AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 0.20 |
| 52 Week High | SEK 0.96 |
| 52 Week Low | SEK 0.82 |
| Beta | 0.42 |
| 11 Month Change | -54.55% |
| 3 Month Change | -64.60% |
| 1 Year Change | -76.19% |
| 33 Year Change | -81.13% |
| 5 Year Change | n/a |
| Change since IPO | -95.12% |
Recent News & Updates
Shareholder Returns
| NORDIG | SE Software | SE Market | |
|---|---|---|---|
| 7D | 0% | 1.0% | -0.2% |
| 1Y | -76.2% | 20.7% | 11.8% |
Return vs Industry: NORDIG underperformed the Swedish Software industry which returned 16.4% over the past year.
Return vs Market: NORDIG underperformed the Swedish Market which returned 10.9% over the past year.
Price Volatility
| NORDIG volatility | |
|---|---|
| NORDIG Average Weekly Movement | 21.3% |
| Software Industry Average Movement | 6.8% |
| Market Average Movement | 5.5% |
| 10% most volatile stocks in SE Market | 11.3% |
| 10% least volatile stocks in SE Market | 3.3% |
Stable Share Price: NORDIG's share price has been volatile over the past 3 months compared to the Swedish market.
Volatility Over Time: NORDIG's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of Swedish stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | 18 | Jan Myhrstad | www.nordinsuretechgroup.se |
Nord Insuretech Group AB (publ) operates a digital platform that allows users and partners to sell various insurance products in Norway. Its platform operates as an intermediary that delivers digital and white-label solutions to consumers and businesses. The company was formerly known as Hudya AB (publ) and changed its name to Nord Insuretech Group AB (publ) in January 2021.
Nord Insuretech Group AB (publ) Fundamentals Summary
| NORDIG fundamental statistics | |
|---|---|
| Market cap | SEK 48.67m |
| Earnings (TTM) | -SEK 46.79m |
| Revenue (TTM) | SEK 7.79m |
6.2x
P/S Ratio-1.0x
P/E RatioIs NORDIG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NORDIG income statement (TTM) | |
|---|---|
| Revenue | SEK 7.79m |
| Cost of Revenue | SEK 19.24m |
| Gross Profit | -SEK 11.46m |
| Other Expenses | SEK 35.34m |
| Earnings | -SEK 46.79m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.19 |
| Gross Margin | -147.10% |
| Net Profit Margin | -600.81% |
| Debt/Equity Ratio | 891.3% |
How did NORDIG perform over the long term?
See historical performance and comparison