Nel ASA

Oslo Stock Exchange NEL.OL

Nel ASA Cash and Short-Term Investments for the year ending December 31, 2023: USD 332.56 M

Nel ASA Cash and Short-Term Investments is USD 332.56 M for the year ending December 31, 2023, a -11.19% change year over year. Cash and short-term investments are the sum of cash and short-term investments, representing the company's liquid assets.

Nel ASA Cash and Short-Term Investments for the year ending December 31, 2022 was USD 374.45 M, a -0.49% change year over year.
Nel ASA Cash and Short-Term Investments for the year ending December 31, 2021 was USD 376.29 M, a -20.49% change year over year.
Nel ASA Cash and Short-Term Investments for the year ending December 31, 2020 was USD 473.25 M, a 784.34% change year over year.
Nel ASA Cash and Short-Term Investments for the year ending December 31, 2019 was USD 53.51 M, a 33.05% change year over year.

Key data

Date	Cash and Short-Term Investments	Receivables	Inventory	Goodwill

Oslo Stock Exchange: NEL.OL

Nel ASA

CEO	Mr. Hakon Rypern Volldal
IPO Date	Oct. 11, 2004
Location	Norway
Headquarters	Karenslyst allé 49
Employees	430
Sector	Utilities
Industries Gas Automobiles & Vehicles Biofuel Electric Vehicles (EVs) Energy Storage & Batteries Petrochemicals Renewables Solar Energy Utilities

Description

Nel ASA, a hydrogen company, delivers various solutions to produce, store, and distribute hydrogen from renewable energy in Norway, the United States, Denmark, and South Korea. The company operates in two segments, Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment produces H2Station hydrogen fueling stations that provide fuel cell electric vehicles with the fueling and long range as conventional fossil fuel vehicles, including cars, buses, trucks, forklifts, and other applications. The Nel Hydrogen Electrolyser segment produces and installs electrolysers for hydrogen production based on alkaline and proton exchange membrane water electrolyser technology. It serves industry, energy, and gas companies. The company was formerly known as DiaGenic ASA and changed its name to Nel ASA in October 2014. Nel ASA was founded in 1927 and is headquartered in Oslo, Norway.

Key trends

Past 5 years