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
My Notes
Capture your thoughts, links and company narrative
Nord Insuretech Group AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 0.39 |
| 52 Week High | SEK 0.95 |
| 52 Week Low | SEK 0.86 |
| Beta | 0.47 |
| 1 Month Change | 94.00% |
| 3 Month Change | -12.22% |
| 1 Year Change | -56.31% |
| 3 Year Change | -57.41% |
| 5 Year Change | n/a |
| Change since IPO | -90.54% |
Recent News & Updates
Shareholder Returns
| NORDIG | SE Software | SE Market | |
|---|---|---|---|
| 7D | 94.0% | -2.2% | -2.3% |
| 1Y | -56.3% | 8.2% | 4.6% |
Return vs Industry: NORDIG underperformed the Swedish Software industry which returned 8.2% over the past year.
Return vs Market: NORDIG underperformed the Swedish Market which returned 4.6% over the past year.
Price Volatility
| NORDIG volatility | |
|---|---|
| NORDIG Average Weekly Movement | 50.8% |
| Software Industry Average Movement | 7.8% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in SE Market | 11.4% |
| 10% least volatile stocks in SE Market | 3.2% |
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 has increased from 35% to 51% over the past year.
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 92.47m |
| Earnings (TTM) | -SEK 46.79m |
| Revenue (TTM) | SEK 7.79m |
12.1x
P/S Ratio-2.0x
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 comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:44 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2023/12/31 |
| 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Nord Insuretech Group AB (publ) is covered by 0 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 |
|---|