Magnora ASA

Oslo Stock Exchange MGN.OL

Magnora ASA EBIT Margin for the year ending December 31, 2023: 735.77%

Magnora ASA EBIT Margin is 735.77% for the year ending December 31, 2023, a 6,265.13% change year over year. EBIT ratio is the ratio of EBIT to revenue, measuring a company's operating profitability without considering non-operating income or expenses.

Magnora ASA EBIT Margin for the year ending December 31, 2022 was 11.56%, a 103.19% change year over year.
Magnora ASA EBIT Margin for the year ending December 31, 2021 was -361.84%, a -482.02% change year over year.
Magnora ASA EBIT Margin for the year ending December 31, 2020 was 94.72%, a 71.85% change year over year.
Magnora ASA EBIT Margin for the year ending December 31, 2019 was 55.12%, a 114.48% change year over year.

Key data

Date	EBIT Margin	EPS (Basic)	EPS (Diluted)	Shares (Basic, Weighted)

Oslo Stock Exchange: MGN.OL

Magnora ASA

CEO	Mr. Erik Daylemani Sneve
IPO Date	Dec. 13, 2004
Location	Norway
Headquarters	Karenslyst Allé 2
Employees	20
Sector	Energy
Industries Wind Energy Biofuel Drilling Offshore Drilling Oil & Gas Renewables Shipbuilding Utilities

Description

Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar PV projects. The company also hold license agreements with the Dana Western Isles and Shell Penguins FPSO. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.

Key trends

Past 5 years