Norbit ASA (NORBT.OL)
Trondheim, NO
Norbit ASA specializes in delivering advanced technology products and comprehensive solutions across various industries. Its operations are strategically divided into three core segments: Oceans, Connectivity, and Product Innovation & Realization. Under its Oceans division, Norbit develops sophisticated multibeam sonar systems. These encompass integrated bathymetric solutions, general bathymetry tools, and advanced monitoring systems tailored for applications in dredging, construction, and renewable energy sectors. They also provide forward-looking wide-area imaging as well as advanced imaging capabilities for obstacle avoidance and mine countermeasure (MCM) operations, prominently featured under product lines such as NORBIT WINGHEAD, NORBIT WBMS, NORBIT NORdredge, and NORBIT FLS. Additionally, the company supplies above-water laser technologies. Within the Connectivity segment, Norbit furnishes customized cable assemblies, electromechanical box builds, and a suite of operational solutions. Key offerings here include SeaCOP, a sensor integration platform designed to create a common operational picture for effective emergency response. It also offers SECurus, delivering stabilized thermal and daylight camera solutions, and SeaView, providing thermal and daylight pan, tilt, and zoom functionalities for environmental surveillance, security, and general monitoring purposes. The portfolio further features SeaDarQ, a specialized radar processing solution. Security provisions extend to sensing solutions engineered to detect maritime threats and ensure waterside security, both above and below the surface. For the aquaculture industry, Norbit provides FCL600, an innovative underwater lighting solution. Its iData solution delivers comprehensive vehicle monitoring, telematics services, and robust fleet management capabilities for asset and vehicle oversight. Moreover, Norbit develops dedicated short-range communication technology for advanced traffic systems and various vehicle applications. The Product Innovation & Realization segment extends its expertise through research and development services and contract manufacturing for industrial clientele. This segment also markets products leveraging Norbit's proprietary technology, particularly specialized instrumentation relying on radar, radio frequency, and embedded signal processing techniques. Established in 1995, Norbit ASA maintains its headquarters in Trondheim, 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| -8.71% | -11.87% | -12.70% | +5.06% | +13.50% | +14.01% | +19.51% | +337.42% | +911.94% | +878.35% | +878.35% |
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
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 2 | 0 |
| Hold | 0 | -1 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Hardware, Equipment & Parts: +10.0%+42.9% ★ Q1'26: +40.3% (vs Q1'25)
-
EPS growth Hardware, Equipment & Parts: +20.2%+60.8% ★ Q1'26: +23.6% (vs Q1'25)
-
FCF margin FCF growth · Hardware, Equipment & Parts: +27.1%+14.0% ★ Q1'26: +24.8% (vs Q1'25)
-
EBIT margin Hardware, Equipment & Parts: +8.7%+22.2% ★ Q1'26: +21.3% (vs Q1'25)
-
ROIC Hardware, Equipment & Parts: +5.7%+24.1% ★ Q1'26: +28.3% (vs Q1'25)
-
Share dilution Hardware, Equipment & Parts: +0.0%+3.3% Q1'26: +0.5% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Hardware, Equipment & Parts: -0.70×1.01× Q1'26: 0.77× (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 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 1 EPS Ana. |
Dec 2027 2 Rev. Ana. 3 EPS Ana. |
Dec 2028 2 Rev. Ana. 2 EPS Ana. |
Dec 2029 1 Rev. Ana. 1 EPS Ana. |
Dec 2030 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|
| Revenue |
1.52B
est: 1.51B (+0.6%)
|
1.75B
est: 1.75B (+0.2%)
|
2.50B
est: 2.56B (-2.4%)
|
3.15B
3.13B – 3.19B
+22.9% YoY
|
3.59B
3.54B – 3.67B
+13.9% YoY
|
4.01B
3.97B – 4.05B
+11.7% YoY
|
4.55B
4.51B – 4.61B
+13.5% YoY
|
4.19B
4.15B – 4.24B
-8.0% YoY
|
| EBITDA |
391.70M
est: 299.32M (+30.9%)
|
395.50M
est: 681.83M (-42.0%)
|
712.20M
est: 1.00B (-28.8%)
|
1.23B
1.22B – 1.24B
+22.9% YoY
|
1.40B
1.38B – 1.43B
+13.9% YoY
|
1.56B
1.55B – 1.58B
+11.7% YoY
|
1.77B
1.76B – 1.80B
+13.5% YoY
|
1.63B
1.62B – 1.65B
-8.0% YoY
|
| EBIT |
284.00M
est: 196.45M (+44.6%)
|
345.20M
est: 637.17M (-45.8%)
|
555.30M
est: 934.98M (-40.6%)
|
1.15B
1.14B – 1.16B
+22.9% YoY
|
1.31B
1.29B – 1.34B
+13.9% YoY
|
1.46B
1.45B – 1.48B
+11.7% YoY
|
1.66B
1.65B – 1.68B
+13.5% YoY
|
1.53B
1.51B – 1.54B
-8.0% YoY
|
| Net Income |
185.30M
est: 195.41M (-5.2%)
|
243.30M
est: 246.71M (-1.4%)
|
404.30M
est: 453.86M (-10.9%)
|
540.45M
533.49M – 547.40M
+19.1% YoY
|
624.47M
607.12M – 632.04M
+15.5% YoY
|
724.13M
722.20M – 726.06M
+16.0% YoY
|
865.80M
857.13M – 879.49M
+19.6% YoY
|
760.70M
753.09M – 772.73M
-12.1% YoY
|
| SGA |
21.00M
est: 140.75M (-85.1%)
|
366.90M
est: 132.70M (+176.5%)
|
—
est: 194.72M (-100.0%)
|
239.31M
237.47M – 242.22M
+22.9% YoY
|
272.51M
268.63M – 278.65M
+13.9% YoY
|
304.30M
301.27M – 307.34M
+11.7% YoY
|
345.44M
342.78M – 349.64M
+13.5% YoY
|
317.90M
315.45M – 321.76M
-8.0% YoY
|
| EPS |
3.11
est: 3.16 (-1.5%)
|
3.94
est: 3.86 (+2.1%)
|
6.34
est: 7.10 (-10.7%)
|
8.43
8.35 – 8.56
+18.7% YoY
|
9.75
9.50 – 9.89
+15.7% YoY
|
11.33
11.30 – 11.36
+16.2% YoY
|
13.54
13.41 – 13.76
+19.6% YoY
|
11.90
11.78 – 12.09
-12.1% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-11 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-08 | B+ | 3/5 | 5/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-07 | B+ | 3/5 | 5/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-06 | B+ | 3/5 | 5/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-05 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-04 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-30 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-29 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-28 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-27 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-24 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-23 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-22 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-21 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-20 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-17 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-16 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
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
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Global X - MSCI Norway ETF NORW | 0.28% | 239.0K | 0.50% |
| 2 | iShares MSCI Norway ETF ENOR | 0.28% | 255.1K | 0.53% |
| 3 | WisdomTree Europe SmallCap Dividend UCITS ETF WTES.DE | 0.21% | 196.4K | 0.38% |
| 4 | WisdomTree Europe SmallCap Dividend UCITS ETF Acc DFEA.L | 0.21% | 196.4K | 0.38% |
| 5 | WisdomTree Dynamic International SmallCap Equity ETF DDLS | 0.10% | 421.4K | 0.48% |
| 6 | WisdomTree International SmallCap Dividend Fund DLS | 0.10% | 1.01M | 0.58% |
| 7 | Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Dist X026.DE | 0.10% | 329.8K | 0.23% |
| 8 | Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Acc CEM.PA | 0.10% | 329.8K | 0.23% |
| 9 | iShares MSCI Europe Small-Cap ETF IEUS | 0.04% | 62.6K | 0.41% |
| 10 | Xtrackers MSCI Europe Small Cap UCITS ETF 1C XXSC.L | 0.04% | 1.21M | 0.30% |
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 |
|---|---|---|---|
| Per Jorgen Weisethaunet | Group Chief Executive Officer | 11M | male |
| Per Kristian Reppe | Group Chief Financial Officer | 9M | male |
| Julie Dahl Benum | Chief Strategy Officer & Acting Chief Commercial Officer PIR | 5M | female |
| Astrid Stevik | Chief Operating Officer | 2M | female |
| Lino Morgione | Chief Commercial Officer Connectivity | 600.0K | male |
| Steffen Kirknes | Founder & Talent Manager | — | male |
| Sture Ingdal | Finance Director | — | male |
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 NORBT.OL
Short-term intention
Target Price Distribution
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