Nel ASA

Oslo Stock Exchange NEL.OL

Nel ASA EBT Margin for the year ending December 31, 2023: -51.90%

Nel ASA EBT Margin is -51.90% for the year ending December 31, 2023, a 60.00% change year over year. EBT Ratio (Earnings Before Tax Ratio) is the fraction of earnings before taxes to total revenue, indicating the company's profitability before the impact of tax expenses.

Nel ASA EBT Margin for the year ending December 31, 2022 was -129.75%, a 41.97% change year over year.
Nel ASA EBT Margin for the year ending December 31, 2021 was -223.59%, a -203.82% change year over year.
Nel ASA EBT Margin for the year ending December 31, 2020 was 215.36%, a 503.21% change year over year.
Nel ASA EBT Margin for the year ending December 31, 2019 was -53.41%, a -22.56% change year over year.

Key data

Date	EBT Margin	Net Income Margin	EBITDA Margin	EBIT Margin

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