Cavendish Hydrogen ASA (CAVEN.OL)
Oslo, NO
Cavendish Hydrogen ASA is dedicated to the development and manufacturing of advanced hydrogen refueling systems, catering to markets across Norway, Denmark, broader Europe, North America (including the United States), and various parts of Asia, such as South Korea. Their key offering, the H2Station, represents a versatile suite of hydrogen filling stations engineered to power a wide spectrum of hydrogen-fueled vehicles, ranging from private automobiles and commercial vans to public buses and heavy-duty trucks. Beyond product manufacturing, the company delivers extensive support services, covering project management, system installation, commissioning, operational assistance, maintenance, and the provision of essential spare parts. The company was established in 2003 and operates from its main office in Oslo, Norway.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.24% | -1.27% | +15.74% | +23.09% | +6.63% | +17.49% | -19.98% | -64.46% | -64.46% | -64.46% | -64.46% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
| Rating | 2026-03 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 1 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Regulated Gas: +4.9%-50.7% Q1'26: -23.7% (vs Q1'25)
-
EPS growth Regulated Gas: +13.8%-16.2% Q1'26: +35.7% (vs Q1'25)
-
FCF margin FCF growth · Regulated Gas: +30.8%-145.1% Q1'26: -125.0% (vs Q1'25)
-
EBIT margin Regulated Gas: +12.9%-158.2% Q1'26: -178.6% (vs Q1'25)
-
ROIC Regulated Gas: +4.7%-79.2% Q1'26: -68.3% (vs Q1'25)
-
Share dilution Regulated Gas: 0.0%+0.0% ★ Q1'26: -0.5% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Regulated Gas: 2.21×-0.11× Q1'26: -0.12× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 1 EPS Ana. |
Dec 2027 1 Rev. Ana. 1 EPS Ana. |
Dec 2028 1 Rev. Ana. |
|---|---|---|---|---|---|
| Revenue |
31.00M
est: 36.66M (-15.4%)
|
15.30M
est: 21.51M (-28.9%)
|
23.53M
23.53M – 23.53M
+9.4% YoY
|
29.04M
29.04M – 29.04M
+23.4% YoY
|
114.40M
114.40M – 114.40M
+293.9% YoY
|
| EBITDA |
-16.60M
est: -29.16M (+43.1%)
|
-18.90M
est: -17.11M (-10.4%)
|
-18.72M
-18.72M – -18.72M
-9.4% YoY
|
-23.10M
-23.10M – -23.10M
-23.4% YoY
|
-91.01M
-91.01M – -91.01M
-293.9% YoY
|
| EBIT |
-21.20M
est: -32.36M (+34.5%)
|
-24.20M
est: -18.99M (-27.4%)
|
-20.77M
-20.77M – -20.77M
-9.4% YoY
|
-25.64M
-25.64M – -25.64M
-23.4% YoY
|
-100.99M
-100.99M – -100.99M
-293.9% YoY
|
| Net Income |
-22.70M
est: -28.21M (+19.5%)
|
-26.60M
est: -24.53M (-8.4%)
|
-12.98M
-12.98M – -12.98M
+47.1% YoY
|
-8.27M
-8.27M – -8.27M
+36.2% YoY
|
—
— – —
+100.0% YoY
|
| SGA |
6.02M
est: 4.50M (+33.8%)
|
—
est: 2.64M (-100.0%)
|
2.89M
2.89M – 2.89M
+9.4% YoY
|
3.56M
3.56M – 3.56M
+23.4% YoY
|
14.04M
14.04M – 14.04M
+293.9% YoY
|
| EPS |
-0.68
est: -0.84 (+19.0%)
|
-0.79
est: -0.73 (-8.2%)
|
-0.39
-0.39 – -0.39
+47.1% YoY
|
-0.25
-0.25 – -0.25
+36.2% YoY
|
—
— – —
+100.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-26 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 | 5/5 |
| 2026-05-22 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 | 5/5 |
| 2026-05-21 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 | 5/5 |
| 2026-05-20 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 | 5/5 |
| 2026-05-19 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 | 5/5 |
| 2026-05-18 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 | 5/5 |
| 2026-05-15 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 | 5/5 |
| 2026-05-13 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 | 5/5 |
| 2026-05-12 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 | 5/5 |
| 2026-05-11 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 | 5/5 |
| 2026-05-08 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 | 5/5 |
| 2026-05-07 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 | 5/5 |
| 2026-05-06 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 | 5/5 |
| 2026-05-05 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 | 5/5 |
| 2026-05-04 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 | 5/5 |
| 2026-04-30 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 | 5/5 |
| 2026-04-29 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-04-28 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-04-27 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-04-24 | C+ | 2/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-04-23 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 5/5 |
| 2026-04-22 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 5/5 |
| 2026-04-21 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 5/5 |
| 2026-04-20 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 5/5 |
| 2026-04-17 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 5/5 |
| 2026-04-16 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 5/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
This company is not held by any ETF in our universe.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Robert Borin | Chief Executive Officer | 6M | male |
| Marcus Halland | Chief Financial Officer | 4M | male |
| Michael Ewald Stefan | Chief Technology Officer | 3M | male |
| Peder Hykkelbjerg Hansen | Chief Operating Officer | 3M | male |
| Nils Jacob Haaning | C.C.O | 2M | male |
| Stefan Thorsteinsson | General Counsel | — | male |
| Martin Anton Pfandl | Head of Sales | — | — |
| Michael Dahl Olsen | Head of IR and M&A | — | male |
| Soren Hojgaard | Head of Q/HSE | — | — |
| Elsebeth Haarup Rasmussen | Head of Human Resources | — | — |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for CAVEN.OL
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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