Nel ASA (OSL:NEL)
Norway · Delayed Price · Currency is NOK 2.130
-0.075 (-3.40%)
Jul 24, 2026, 4:25 PM CET
Nel ASA Financials Overview
Financials in millions NOK. Fiscal year is January - December.
Millions NOK. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 1,043 | 1,100 | 1,495 | 1,427 | 993.58 | 798 |
Revenue Growth | -15.31% | -26.41% | 4.75% | 43.64% | 24.51% | 22.41% |
Gross Profit Gross Profit Growth | 649.44 | 699.56 | 990.96 | 712.01 | 408.77 | 246.31 |
Operating Income Operating Income Growth | -1,380 | -1,365 | -389.43 | -443.52 | -1,279 | -582.85 |
Net Income Net Income Growth | -1,287 | -1,265 | -244.34 | -855.2 | -1,171 | -1,667 |
Earnings Per Share EPS Growth | -0.70 | -0.70 | -0.15 | -0.52 | -0.76 | -1.15 |
EPS Growth | - | - | - | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
Nel Alkaline Electrolyser Nel Alkaline Electrolyser Growth | 557.13 | 562.28 | 1,009 | 875.63 |
Nel Pem Electrolyser Nel Pem Electrolyser Growth | 378.24 | 400.83 | 380.55 | 474.17 |
Total Total Growth | 935.36 | 963.11 | 1,390 | 1,350 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 1,328 | 1,617 | 1,876 | 3,363 | 3,139 | 2,723 |
Total Debt Total Debt Growth | 218.45 | 233.15 | 260 | 259.66 | 223.05 | 156.61 |
Net Cash (Debt) Net Cash Growth | 1,110 | 1,384 | 1,616 | 3,104 | 2,916 | 2,566 |
Net Cash Growth | -33.94% | -14.31% | -47.95% | 6.46% | 13.61% | 16.05% |
Net Cash Per Share Net Cash Per Share Growth | 0.60 | 0.77 | 0.97 | 1.88 | 1.90 | 1.76 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | -305.38 | -252.8 | -241.58 | -669.67 | -690.58 | -449.46 |
Capital Expenditures CapEx Growth | -129.66 | -145.16 | -527.34 | -573.59 | -160.49 | -258.28 |
Free Cash Flow Free Cash Flow Growth | -435.04 | -397.95 | -768.92 | -1,243 | -851.07 | -707.74 |
Free Cash Flow Growth | - | - | - | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 62.24% | 63.59% | 66.29% | 49.89% | 41.14% | 30.87% |
Operating Margin | -132.27% | -124.04% | -26.05% | -31.08% | -128.69% | -73.04% |
Pretax Margin | -126.14% | -117.81% | -17.67% | -40.24% | -119.47% | -211.01% |
Profit Margin | -123.37% | -117.81% | -18.11% | -40.81% | -121.06% | -213.13% |
FCF Margin | -41.69% | -36.17% | -51.43% | -87.12% | -85.66% | -88.69% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 24, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Forward PE | - | 10.92 | 10.92 | 10.92 | 10.92 | 10.92 |
PS Ratio | 4.33 | 3.73 | 3.02 | 8.07 | 21.78 | 27.82 |