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Nel Asa(OB) NEL

Market CapNOK 3.97BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2004)-96%
5 Year-86%
1 Year-11%
1 Month-5%
NOK 2.19
+1.16%
+0.03Today
Nel Asa last closing stock price
MetricPriceDate
Last closeNOK 2.162026-08-07
Nel Asa stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+0.93%NOK 2.142026-07-31
1 month-5.26%NOK 2.282026-07-08
3 month-25%NOK 2.882026-05-08
Year to date-3.14%NOK 2.232025-12-30
1 year-11.11%NOK 2.432025-08-07
3 year-82.51%NOK 12.352023-08-08
5 year-85.54%NOK 14.942021-08-06
Since inception-95.77%NOK 51.042004-08-27

Nel Asa Financials at a Glance

Market Cap

NOK 3.97BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

NOK 935.36M

Net Income (TTM)

-NOK 1.29B

EPS (TTM)

-NOK 0.70

P/E Ratio

-3.08

Dividend

NOK 0.00

Beta (Volatility)

0.00 (Low)

Price

NOK 2.19

Volume

488,668

Open

NOK 2.18

Previous Close

NOK 2.16

Daily Range

NOK 2.18 - NOK 2.23

52-Week Range

NOK 1.92 - NOK 3.96

Estimated Earnings Date

Oct 21, 2026

NEL News

No articles available.

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About Nel Asa

Nel ASA is a leading hydrogen technology company specializing in the generation, storage, and distribution of hydrogen from renewable energy sources. With operations in Norway, the United States, Denmark, and South Korea, Nel ASA is positioned to play a significant role in the global transition to clean energy.

Products and Services
  • Hydrogen generation systems using alkaline and PEM electrolysis
  • H2Station hydrogen refueling facilities for fuel cell electric vehicles
  • Comprehensive solutions for hydrogen storage and distribution
Growth Outlook
  • Strong demand for hydrogen solutions in various industries is expected to drive growth
  • Expansion into new markets, including the U.S. and South Korea, enhances revenue potential
  • Investment in R&D aims to improve technology efficiency and reduce costs
Financial Highlights
  • Q2 2026 revenue of NOK 153.4 million, up from NOK 148.1 million in Q1 2026
  • Trailing twelve months (TTM) gross profit margin of -0.71, indicating potential for improvement
  • Current ratio of 4.41 suggests strong liquidity position to support operations
Nel ASA operates in a rapidly evolving sector, with increasing global emphasis on sustainable energy solutions. The company's focus on hydrogen technology positions it well to capitalize on the growing demand for clean energy alternatives. Recent quarterly results indicate a positive trend in revenue, reflecting the company's ability to adapt and grow in a competitive market. The strong liquidity position further supports operational stability, allowing for continued investment in innovation and market expansion. As the world shifts towards greener energy sources, Nel ASA's strategic initiatives and product offerings are likely to attract significant interest from investors looking to engage in the clean energy sector.
AI Generated • Jul 22, 2026

Industry

Electrical Equipment

Sector

Industrials

Employees

313

CEO

Håkon Rypern Volldal

Website

www.nelhydrogen.com

Headquarters

Oslo, PS 0279, NO

NEL Financials

Key Financial Metrics (TTM)

Gross Margin

-74.08%

Operating Margin

-150.98%

Net Income Margin

-137.63%

Return on Equity

-31.99%

Return on Capital

-13.57%

Return on Assets

-27.75%

Earnings Yield

-32.47%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

NOK 3.97BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

1.84B

Volume

488.67K

Avg. Volume

5.05M

Financials (TTM)

Gross Profit

-NOK 692.91M

Operating Income

-NOK 1.41B

EBITDA

-NOK 265.81M

Operating Cash Flow

-NOK 313.45M

Capital Expenditure

-NOK 192.49M

Free Cash Flow

-NOK 505.94M

Cash & ST Invst.

NOK 1.33B

Total Debt

NOK 218.45M

Nel Asa Performance Analysis

Nel Asa annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31NOK 914,853,00021.5%
20232023-12-31NOK 1,345,364,00047.1%
20242024-12-31NOK 1,395,951,0003.8%
20252025-12-31NOK 963,114,000-31.0%
Nel Asa sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-3074.4%
Q42025-12-318.9%
Q12026-03-31-55.2%
Q22026-06-303.6%
Nel Asa annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31NOK -0.76-33.3%
20232023-12-31NOK -0.52-32.0%
20242024-12-31NOK -0.23-55.1%
20252025-12-31NOK -0.70201.3%
Nel Asa sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-3035.2%
Q42025-12-31-919.5%
Q12026-03-3183.4%
Q22026-06-30-27.9%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

NOK 153.41M

-11.8%

Gross Profit

NOK 82.93M

-57.0%

Gross Margin

54.06%

N/A

Market Cap

NOK 3.97BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

NOK 12.68M

N/A

Employees

313

N/A

Net Income

-NOK 188.57M

-44.3%

EBITDA

-NOK 134.69M

-120.1%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

NOK 1.33B

-31.1%

Total Debt

NOK 218.45M

-12.0%

Accounts Receivable

NOK 332.55M

+45.8%

Inventory

NOK 889.51M

-1.8%

Long Term Debt

NOK 177.75M

-13.2%

Short Term Debt

NOK 40.70M

-6.2%

Return on Assets

-27.75%

N/A

Return on Invested Capital

-35.54%

N/A

Free Cash Flow

-NOK 73.42M

+39.5%

Operating Cash Flow

NOK 1.67M

+103.2%

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Questions About NEL

What is the current price of Nel Asa?

Nel Asa is trading at NOK 2.19 per share.

What is the 52-week range for Nel Asa?

Over the past 52 weeks, Nel Asa has traded between NOK 1.92 and NOK 3.96.

How much debt does Nel Asa have?

As of the most recent reporting period, Nel Asa reported total debt of NOK 218.45M.

How much cash does Nel Asa have on hand?

Nel Asa reported NOK 1.33B in cash and cash equivalents in its most recent financial results.

What is Nel Asa’s dividend yield?

Nel Asa does not currently have a dividend yield.

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