Tillkännagivande • May 22
NORBIT ASA Approves Dividend, Payable on or About 3 June 2026 NORBIT ASA at annual general meeting held on 20 May 2026, approved the board's proposed dividend distribution of NOK 5.00 per share. The dividend will be paid on or about 3 June 2026 to the shareholders of NORBIT ASA as of 20 May 2026. The shares will trade exclusive the right to receive dividend from and including 21 May 2026. Buy Or Sell Opportunity • May 20
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.6% to €17.05. The fair value is estimated to be €21.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 52% in the next 2 years. Tillkännagivande • Nov 18
NORBIT ASA Approves Dividend, Payable on or About 26 November 2025 NORBIT ASA announced that From 18 November 2025, the shares of NORBIT ASA will be traded ex dividend of NOK 3.00 per share. Record date is 19 November 2025, and payment is expected on or about 26 November 2025. Tillkännagivande • May 07
Norbit Asa Approves Dividend, Payable on or About 16 May 2025 Norbit ASA announced at the AGM held on May 6, 2025, approved dividend distribution of NOK 3.00 per share. The dividend will be paid on or about 16 May 2025 to the shareholders of NORBIT ASA as of 6 May 2025. The shares will trade exclusive the right to receive dividend from and including 7 May 2025. Tillkännagivande • Feb 13
Norbit ASA Proposes Dividend for the Fiscal Year 2024, Payable on or About 16 May 2025 Norbit ASA proposed to the annual general meeting a dividend of NOK 3.00 per share should be paid for the fiscal year 2024. The ex-date is on 7 May 2025. The record date is on 8 May 2025 and the payment date is on or about 16 May 2025. Date of approval is on 6 May 2025. Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: kr0.56 (vs kr0.37 in 3Q 2023) Third quarter 2024 results: EPS: kr0.56 (up from kr0.37 in 3Q 2023). Revenue: kr371.9m (up 13% from 3Q 2023). Net income: kr35.1m (up 59% from 3Q 2023). Profit margin: 9.4% (up from 6.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Sep 30
Norbit ASA, Annual General Meeting, May 06, 2025 Norbit ASA, Annual General Meeting, May 06, 2025. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: kr1.20 (vs kr1.15 in 2Q 2023) Second quarter 2024 results: EPS: kr1.20 (up from kr1.15 in 2Q 2023). Revenue: kr418.9m (flat on 2Q 2023). Net income: kr72.1m (up 5.4% from 2Q 2023). Profit margin: 17% (in line with 2Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 50% per year whereas the company’s share price has increased by 47% per year. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €7.79, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Electronic industry in Germany. Total returns to shareholders of 231% over the past three years. New Risk • Aug 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (6.2% increase in shares outstanding). Tillkännagivande • Jun 28
Norbit ASA (OB:NORBT) agreed to acquire Innomar Technologie GmbH for €39.9 million. Norbit ASA (OB:NORBT) agreed to acquire Innomar Technologie GmbH for €39.9 million on June 27, 2024. The expected completion of the transaction is July 1, 2024 to July 31, 2024. The transaction is subject to a limited number of customary closing conditions. Wikborg Rein Advokatfirma As acted as legal advisor for Norbit ASA. Weisner Partner mbB acted as legal advisor for Norbit ASA. Recent Insider Transactions • May 29
Business Unit Director of Oceans recently sold €132k worth of stock On the 22nd of May, Peter Eriksen sold around 24k shares on-market at roughly €5.52 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €280k more than they bought in the last 12 months. Reported Earnings • May 17
First quarter 2024 earnings released: EPS: kr0.50 (vs kr0.88 in 1Q 2023) First quarter 2024 results: EPS: kr0.50 (down from kr0.88 in 1Q 2023). Revenue: kr404.4m (up 7.4% from 1Q 2023). Net income: kr30.2m (down 42% from 1Q 2023). Profit margin: 7.5% (down from 14% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth. Tillkännagivande • May 16
Norbit ASA Provides Revenue Guidance for the First Half of 2024 and Reiterates Earnings Guidance for the Year 2024 Norbit ASA provided revenue guidance for the first half of 2024 and reiterated earnings guidance for the year 2024. For the first half, the company expects revenues to show a slight growth compared to the corresponding period of 2023.For the year, the company expects revenues to be between NOK 1.7 billion to NOK 1.8 billion. Upcoming Dividend • Apr 30
Upcoming dividend of kr2.55 per share Eligible shareholders must have bought the stock before 07 May 2024. Payment date: 16 May 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.9%). Reported Earnings • Apr 11
Full year 2023 earnings released: EPS: kr3.11 (vs kr1.82 in FY 2022) Full year 2023 results: EPS: kr3.11 (up from kr1.82 in FY 2022). Revenue: kr1.52b (up 30% from FY 2022). Net income: kr185.3m (up 74% from FY 2022). Profit margin: 12% (up from 9.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Declared Dividend • Feb 26
Dividend of kr2.55 announced Shareholders will receive a dividend of kr2.55. Ex-date: 7th May 2024 Payment date: 16th May 2024 Dividend yield will be 44%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (50% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 51% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 75% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 18
Full year 2023 earnings released: EPS: kr3.11 (vs kr1.82 in FY 2022) Full year 2023 results: EPS: kr3.11 (up from kr1.82 in FY 2022). Revenue: kr1.52b (up 30% from FY 2022). Net income: kr185.3m (up 74% from FY 2022). Profit margin: 12% (up from 9.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 16
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 33% to €5.92. The fair value is estimated to be €4.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 62%. Buy Or Sell Opportunity • Jan 26
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to €5.18. The fair value is estimated to be €4.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 62%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 41% in the next 2 years. Reported Earnings • Nov 17
Third quarter 2023 earnings released: EPS: kr0.37 (vs kr0.20 in 3Q 2022) Third quarter 2023 results: EPS: kr0.37 (up from kr0.20 in 3Q 2022). Revenue: kr328.6m (up 22% from 3Q 2022). Net income: kr22.1m (up 91% from 3Q 2022). Profit margin: 6.7% (up from 4.3% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. New Risk • Oct 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Tillkännagivande • Sep 05
Norbit ASA (OB:NORBT) agreed to acquire Ping DSP. Norbit ASA (OB:NORBT) agreed to acquire Ping DSP on September 4, 2023. The target company is valued at USD 3.24 million on a cash and debt-free basis. The acquisition is to be financed 70% by cash and 30% as a private placement to the sellers of the target company. Closing is expected to take place end of September. Tillkännagivande • Aug 17
Norbit Asa Raises Earnings Guidance for 2023 Norbit ASA raised earnings guidance for 2023. For the period, the company is aiming to achieve revenues in excess of NOK 1.5 billion. The previous 2023 guiding was for revenues in excess of NOK 1.4 billion and margin improvement from last year. Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: kr1.15 (vs kr0.73 in 2Q 2022) Second quarter 2023 results: EPS: kr1.15 (up from kr0.73 in 2Q 2022). Revenue: kr417.6m (up 32% from 2Q 2022). Net income: kr68.4m (up 60% from 2Q 2022). Profit margin: 16% (up from 14% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €4.57, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Electronic industry in Germany. Total returns to shareholders of 290% over the past three years. Tillkännagivande • May 16
Norbit ASA Reiterates Revenue Guidance for the Year 2023 Norbit ASA reiterated revenue guidance for the year 2023. The guidance for the year is reiterated, where the targets are to deliver revenues in excess of NOK 1.4 billion and continued margin improvement. Tillkännagivande • May 06
Norbit ASA Approves Dividend Distribution, Payable on or About 16 May 2023 Norbit ASA announced that at its annual general meeting held on 4 May 2023, approved dividend distribution of NOK 0.70 per share. The dividend will be paid on or about 16 May 2023 to the shareholders of NORBIT ASA as of 4 May 2023. The shares will trade exclusive the right to receive dividend from and including 5 May 2023. Upcoming Dividend • Apr 28
Upcoming dividend of kr0.70 per share at 1.7% yield Eligible shareholders must have bought the stock before 05 May 2023. Payment date: 16 May 2023. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.5%). Reported Earnings • Feb 16
Full year 2022 earnings released: EPS: kr1.82 (vs kr0.83 in FY 2021) Full year 2022 results: EPS: kr1.82 (up from kr0.83 in FY 2021). Revenue: kr1.17b (up 48% from FY 2021). Net income: kr106.7m (up 123% from FY 2021). Profit margin: 9.1% (up from 6.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 10.0% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year. Tillkännagivande • Feb 02
Norbit ASA (OB:NORBT) acquired Cps As. Norbit ASA (OB:NORBT) acquired Cps As on February 1, 2023. The transaction values CPS at an enterprise value of NOK 13 million, implying an equity value of NOK 12.6 million. The acquisition will be financed by the issuance of consideration shares at a price equal to the five-day volume weighted share price of NORBIT ASA prior to signing of the share purchase price agreement with a total value of NOK 9.0 million, and NOK 3.6 million will be paid in cash. At completion, the board has resolved to issue 298,059 consideration shares to the sellers at a price of NOK 30.25107 per share as partial settlement of the transaction. The resolution is based authorisation to increase the share capital granted by the Company’s general meeting on 4 May 2022. Following registration of the share capital increase in the Norwegian Register of Business Enterprises, the Company’s share capital will be NOK 5,919,919.80 divided into 59,199,198 shares each with a par value of NOK 0.10.Norbit ASA (OB:NORBT) completed the acquisition of Cps As on February 1, 2023. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €2.38, the stock trades at a trailing P/E ratio of 19.4x. Average forward P/E is 19x in the Electronic industry in Germany. Total returns to shareholders of 37% over the past three years. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: kr0.20 (vs kr0.17 in 3Q 2021) Third quarter 2022 results: EPS: kr0.20 (up from kr0.17 in 3Q 2021). Revenue: kr269.7m (up 35% from 3Q 2021). Net income: kr11.6m (up 15% from 3Q 2021). Profit margin: 4.3% (down from 5.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Reported Earnings • Nov 12
Third quarter 2022 earnings released: EPS: kr0.20 (vs kr0.17 in 3Q 2021) Third quarter 2022 results: EPS: kr0.20 (up from kr0.17 in 3Q 2021). Revenue: kr269.7m (up 35% from 3Q 2021). Net income: kr11.6m (up 15% from 3Q 2021). Profit margin: 4.3% (down from 5.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Tillkännagivande • Nov 12
Norbit ASA Provides Earnings Guidance for the Full Year 2022 Norbit ASA provided earnings guidance for the full year 2022. For the year, NORBIT expects that revenues will surpass NOK 1.1 billion for the full year, delivering above the target set out in November last year. Reported Earnings • Aug 13
Second quarter 2022 earnings released: EPS: kr0.73 (vs kr0.48 in 2Q 2021) Second quarter 2022 results: EPS: kr0.73 (up from kr0.48 in 2Q 2021). Revenue: kr315.3m (up 66% from 2Q 2021). Net income: kr42.8m (up 57% from 2Q 2021). Profit margin: 14% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 24%, compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Tillkännagivande • Aug 12
Norbit ASA Provides Revenue Guidance for the Third Quarter and Earnings Guidance for the Full Year 2022 Norbit ASA provided revenue guidance for the third quarter and earnings guidance for the full year 2022. The outlook for the third quarter is positive and activity is expected to remain high. The quarter has started on a positive note for segment Oceans, where the target is to deliver revenue growth compared to third quarter last year. The company is on track to deliver on its target to report revenues in excess of NOK 1.0 billion for 2022, supported by the fact that over the last twelve months have generated revenues of NOK 1.0 billion. Reported Earnings • May 14
First quarter 2022 earnings released: EPS: kr0.21 (vs kr0.028 loss in 1Q 2021) First quarter 2022 results: EPS: kr0.21 (up from kr0.028 loss in 1Q 2021). Revenue: kr235.2m (up 58% from 1Q 2021). Net income: kr12.5m (up kr14.1m from 1Q 2021). Profit margin: 5.3% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 27%, compared to a 21% growth forecast for the industry in Germany. Tillkännagivande • May 13
Norbit ASA Provides Earnings Guidance for the Second Quarter of 2022 Norbit ASA provided earnings guidance for the second quarter of 2022. For the period, the company expects increased sales in the Oceans and Connectivity segments compared with both the first quarter of the year and the second quarter of 2021. PIR benefits from the generally strong demand in contract manufacturing. This is expected to continue in the second quarter, with revenues in line with the first quarter. Upcoming Dividend • Apr 28
Upcoming dividend of kr0.30 per share Eligible shareholders must have bought the stock before 05 May 2022. Payment date: 18 May 2022. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.0%). In line with average of industry peers (1.1%). Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Director Tom Solberg is the most experienced director on the board, commencing their role in 2004. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 28
Full year 2021 earnings released: EPS: kr0.83 (vs kr0.48 in FY 2020) Full year 2021 results: EPS: kr0.83 (up from kr0.48 in FY 2020). Revenue: kr787.8m (up 27% from FY 2020). Net income: kr47.9m (up 76% from FY 2020). Profit margin: 6.1% (up from 4.4% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 34%, compared to a 20% growth forecast for the industry in Germany. Reported Earnings • Feb 16
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: kr0.83 (up from kr0.48 in FY 2020). Revenue: kr789.1m (up 28% from FY 2020). Net income: kr47.9m (up 76% from FY 2020). Profit margin: 6.1% (up from 4.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 34%, compared to a 23% growth forecast for the industry in Germany. Tillkännagivande • Feb 16
Norbit ASA Proposes Dividend for the Fiscal Year 2021, Payable on or About 18 May 2022 Norbit ASA announced that in line with the dividend policy, the board of directors has resolved to propose to the annual general meeting a dividend of NOK 0.30 per share for the fiscal year 2021, representing 36% of the reported net income. Ex-date is 5 May 2022, Record date is 6 May 2022 and Payment date is on or about 18 May 2022. Tillkännagivande • Feb 15
Norbit ASA Provides Revenue Guidance for the Year 2022 Norbit ASA provides revenue guidance for the year 2022. For the year, the company announced that the target for 2022 is to deliver revenues in excess of NOK 1.0 billion, supported by growth in all three business segments. Longer term, NORBIT has set out an ambition to deliver organic revenues of NOK 1.5 billion in 2024. Recent Insider Transactions • Nov 14
Group Chief Executive Officer recently bought €84k worth of stock On the 11th of November, Per Weisethaunet bought around 25k shares on-market at roughly €3.36 per share. This was the largest purchase by an insider in the last 3 months. Per has been a buyer over the last 12 months, purchasing a net total of €115k worth in shares. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS kr0.17 (vs kr0.24 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: kr200.3m (up 34% from 3Q 2020). Net income: kr10.1m (down 26% from 3Q 2020). Profit margin: 5.0% (down from 9.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 17% share price gain to €3.48, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Electronic industry in Germany. Total returns to shareholders of 151% over the past year. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment improved over the past week After last week's 18% share price gain to €3.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 22x in the Electronic industry in Germany. Total returns to shareholders of 115% over the past year. Recent Insider Transactions • Sep 01
Independent Chairperson recently bought €9.4k worth of stock On the 27th of August, Finn Haugan bought around 4k shares on-market at roughly €2.47 per share. In the last 3 months, there was an even bigger purchase from another insider worth €19k. This was Finn's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improved over the past week After last week's 32% share price gain to kr2.45, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 22x in the Electronic industry in Germany. Total returns to shareholders of 51% over the past year. Reported Earnings • Aug 14
Second quarter 2021 earnings released: EPS kr0.48 (vs kr0.20 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr190.0m (up 22% from 2Q 2020). Net income: kr27.3m (up 136% from 2Q 2020). Profit margin: 14% (up from 7.5% in 2Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • May 12
First quarter 2021 earnings released: kr0.028 loss per share (vs kr0.086 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: kr149.9m (down 1.1% from 1Q 2020). Net loss: kr1.60m (down 133% from profit in 1Q 2020). Tillkännagivande • May 12
Norbit ASA Provides Revenue Guidance for the Second Quarter of 2021 Norbit ASA provided revenue guidance for the second quarter of 2021. For the quarter, the company expects revenues to grow quarter-over-quarter. Tillkännagivande • May 05
Norbit ASA Approves Dividend Distribution, Payable on or About 18 May 2021 Norbit ASA, at its AGM held on May 4, 2021, approved dividend distribution of NOK 0.30 per share. The dividend will be paid on or about 18 May 2021 to the shareholders of NORBIT ASA as of 4 May 2021. The shares will trade exclusive the right to receive dividend from and including 5 May 2021. Upcoming Dividend • Apr 28
Upcoming dividend of kr0.30 per share Eligible shareholders must have bought the stock before 05 May 2021. Payment date: 18 May 2021. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.7%). Reported Earnings • Mar 30
Full year 2020 earnings released: EPS kr0.48 (vs kr1.45 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr618.8m (down 7.4% from FY 2019). Net income: kr27.3m (down 65% from FY 2019). Profit margin: 4.4% (down from 12% in FY 2019). Tillkännagivande • Mar 10
Norbit ASA (OB:NORBT) agreed to acquire Business and Assets of StalkIT for NOK 24 million. Norbit ASA (OB:NORBT) agreed to acquire Business and Assets of StalkIT for NOK 24 million on March 8, 2021. The transaction expected to be financed by use of NORBIT´s available credit lines. Completion of the transaction is contingent on a satisfactory outcome of a due diligence and shareholder approval in StalkIT and associated companies. Transaction is expected to place during March, 2021. Recent Insider Transactions • Feb 16
Group Chief Executive Officer recently bought €31k worth of stock On the 10th of February, Per Weisethaunet bought around 15k shares on-market at roughly €2.07 per share. This was the largest purchase by an insider in the last 3 months. Per has been a buyer over the last 12 months, purchasing a net total of €456k worth in shares. Recent Insider Transactions • Feb 14
Group Chief Executive Officer recently bought €31k worth of stock On the 10th of February, Per Weisethaunet bought around 15k shares on-market at roughly €2.07 per share. This was the largest purchase by an insider in the last 3 months. Per has been a buyer over the last 12 months, purchasing a net total of €456k worth in shares. Analyst Estimate Surprise Post Earnings • Feb 12
Revenue misses expectations Revenue missed analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 20%, compared to a 23% growth forecast for the Electronic industry in Germany. Reported Earnings • Feb 12
Full year 2020 earnings released: EPS kr0.48 (vs kr1.45 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr618.8m (down 7.4% from FY 2019). Net income: kr27.4m (down 65% from FY 2019). Profit margin: 4.4% (down from 12% in FY 2019). Is New 90 Day High Low • Jan 21
New 90-day high: €1.93 The company is up 35% from its price of €1.43 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 22% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: €1.76 The company is up 21% from its price of €1.46 on 06 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 12% over the same period. Is New 90 Day High Low • Nov 24
New 90-day high: €1.69 The company is up 2.0% from its price of €1.65 on 25 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 7.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of kr54.6m, down 8.9% from the prior year. Total revenue was kr643.2m over the last 12 months, up 5.5% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 30
Third-quarter earnings released: Revenue beats expectations Third-quarter revenue exceeded analyst estimates by 18% at kr150.0m. Revenue is forecast to grow 9.3% over the next year, compared to a 23% growth forecast for the Electronic industry in Germany. 
