NEL ASA financials
NEL ASA
Country: NO Reporting currency: NOK Latest annual report: 2024-12-31
LEI:
549300G6XN5IXMRKEG37 Financial statements
(NOK, as reported — unscaled; 90 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Other income | NOK 105.0M | NOK 77.3M |
| Operating expenses | NOK 1.88B | NOK 1.87B |
| Employee benefits expense | NOK 645.6M | NOK 545.7M |
| Raw materials & consumables used | NOK 504.0M | NOK 715.1M |
| Depreciation & amortisation | NOK 216.5M | NOK 170.3M |
| Operating profit (EBIT) | -NOK 389.4M | -NOK 443.5M |
| Finance costs | NOK 6.8M | NOK 300.8M |
| Profit before tax | -NOK 264.2M | -NOK 574.3M |
| Income tax expense | -NOK 6.6M | -NOK 8.2M |
| — attributable to owners | -NOK 244.3M | -NOK 855.2M |
| Total comprehensive income | -NOK 160.7M | -NOK 840.5M |
| Per share | ||
| Basic EPS | NOK -0.15 | NOK -0.52 |
| Diluted EPS | NOK -0.15 | NOK -0.52 |
| Free cash flow / share | NOK -0.48 | NOK -0.76 |
| Cash flow statement | ||
| Net cash from operating activities | -NOK 241.6M | -NOK 669.7M |
| Net cash from investing activities | -NOK 581.9M | -NOK 646.8M |
| Purchase of PP&E (capex) | NOK 534.2M | NOK 573.6M |
| Purchase of intangibles | NOK 146.1M | NOK 166.2M |
| Net cash from financing activities | -NOK 666.0M | NOK 1.54B |
| Dividends paid | NOK 625.4M | NOK 0 |
| Lease liability payments | NOK 23.3M | NOK 25.8M |
| Balance sheet | ||
| Total assets | NOK 6.30B | NOK 7.86B |
| Non-current assets | NOK 2.90B | NOK 2.48B |
| Intangible assets & goodwill | NOK 411.8M | NOK 375.3M |
| Current assets | NOK 3.41B | NOK 5.38B |
| Inventories | NOK 531.7M | NOK 704.0M |
| Trade & other receivables | NOK 700.7M | NOK 812.4M |
| Cash & equivalents | NOK 1.88B | NOK 3.36B |
| Total equity | NOK 4.98B | NOK 6.20B |
| Non-current liabilities | NOK 324.9M | NOK 331.1M |
| Long-term borrowings | NOK 0 | NOK 22.5M |
| Lease liabilities (non-current) | NOK 215.5M | NOK 199.1M |
| Current liabilities | NOK 1.00B | NOK 1.33B |
| Lease liabilities (current) | NOK 44.5M | NOK 38.1M |
| Deferred tax liabilities | NOK 34.8M | NOK 38.4M |
| Derived metrics | ||
| Free cash flow | -NOK 775.8M | -NOK 1.24B |
| Operating margin | -28.0% | -32.9% |
| Net margin | -17.6% | -63.4% |
| Return on equity | -4.9% | -13.8% |
| Cash conversion ratio | 0.99× | 0.78× |
| Capex coverage | -0.45× | -1.17× |
| Other reported items | ||
| Accumulated Other Comprehensive Income | NOK 218.2M | NOK 134.5M |
| Adjustments For Decrease Increase In Inventories | -NOK 110.1M | -NOK 199.4M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | NOK 216.5M | NOK 225.8M |
| Adjustments For Fair Value Gains Losses | NOK 2.6M | NOK 342.2M |
| Adjustments For Increase Decrease In Trade Account Payable | -NOK 68.4M | NOK 3.1M |
| Adjustments For Interest Expense | NOK 16.5M | NOK 15.5M |
| Adjustments For Provisions | NOK 3.0M | -NOK 21.7M |
| Adjustments For Sharebased Payments | NOK 2.8M | NOK 4.0M |
| Capital Reserve | NOK 68.6M | NOK 65.9M |
| Comprehensive Income Attributable To Owners of Parent | -NOK 160.7M | -NOK 840.5M |
| Current Contract Assets | NOK 24.2M | NOK 49.8M |
| Current Contract Liabilities | NOK 583.4M | NOK 715.3M |
| Current Prepayments and Other Current Assets | NOK 275.5M | NOK 447.3M |
| Current Provisions | NOK 89.7M | NOK 131.7M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | NOK 1.6M | -NOK 376.0K |
| Equity and Liabilities | NOK 6.30B | NOK 7.86B |
| Finance Income | NOK 132.1M | NOK 173.8M |
| Gains Losses On Cash Flow Hedges Net of Tax | -NOK 52.1M | -NOK 18.5M |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | NOK 0 | NOK 1.4M |
| Increase Decrease In Cash and Cash Equivalents | -NOK 1.49B | NOK 224.9M |
| Increase Decrease Through Other Distributions To Owners | NOK 1.06B | — |
| Increase Decrease Through Sharebased Payment Transactions | NOK 2.7M | NOK 4.2M |
| Interest Paid Classified As Financing Activities | NOK 16.5M | NOK 15.5M |
| Investment Accounted For Using Equity Method | NOK 100.0K | NOK 100.0K |
| Issue of Equity | NOK 0 | NOK 1.58B |
| Issued Capital | NOK 334.3M | NOK 334.3M |
| Liabilities | NOK 1.33B | NOK 1.66B |
| Noncurrent Financial Assets | NOK 203.2M | NOK 159.3M |
| Noncurrent Government Grants | NOK 69.3M | NOK 66.2M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | NOK 92.6M | -NOK 1.3M |
| Other Current Liabilities | NOK 173.8M | NOK 238.2M |
| Other Expense By Nature | NOK 518.3M | NOK 438.2M |
| Other Noncurrent Liabilities | NOK 5.3M | NOK 4.9M |
| Payments For Share Issue Costs | NOK 0 | NOK 24.7M |
| Proceeds From Issuing Shares | NOK 0 | NOK 1.61B |
| Proceeds From Sales of Investments Other Than Investments Accounted For Using Equity Method | NOK 236.3M | NOK 186.2M |
| Profit Loss From Continuing Operations | -NOK 257.6M | -NOK 566.1M |
| Profit Loss From Discontinued Operations | NOK 13.3M | -NOK 289.1M |
| Purchase of Interests In Investments Accounted For Using Equity Method | NOK 0 | NOK 973.0K |
| Purchase of Investments Other Than Investments Accounted For Using Equity Method | NOK 137.9M | NOK 92.2M |
| Reclassification Adjustments On Cash Flow Hedges Net of Tax | -NOK 43.2M | -NOK 34.4M |
| Repayments of Noncurrent Borrowings | NOK 759.0K | NOK 1.5M |
| Retained Earnings | -NOK 3.24B | -NOK 3.00B |
| Revenue and Operating Income | NOK 1.49B | NOK 1.43B |
| Revenue From Contracts With Customers | NOK 1.39B | NOK 1.35B |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | NOK 0 | -NOK 3.7M |
| Share Premium | NOK 7.60B | NOK 8.66B |
| Trade and Other Current Payables To Trade Suppliers | NOK 110.7M | NOK 204.9M |
| Treasury Shares | NOK 84.0K | NOK 84.0K |
Methodology
Every line item above is a fact tagged in NEL ASA's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (NOK), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.