Nel ASA
Research Nel ASA (NEL) on Bullrun: market cap NOK 3.73B. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerNEL
- ExchangeOL
- CountryNorway
- SectorIndustrials
- IndustrySpecialty Industrial Machinery
- CurrencyNOK
- Market capNOK 3.73B
- Financial periodQ2 2026
- RevenueNOK 153.41M
- Net income-NOK 188.57M
- Free cash flow-NOK 73.42M
- Gross margin54.1%
Valuation Snapshot
latest market cap is NOK 3.73B.
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | NOK 963.11M | -NOK 1.27B | n/a | 57.6% | n/a | NOK 1.62B | NOK 233.15M | NOK 3.93B |
| FY2024 | NOK 1.39B | -NOK 244.34M | -NOK 775.81M | 62.8% | -0.15 | NOK 1.88B | NOK 0 | NOK 4.98B |
| FY2023 | NOK 1.35B | -NOK 855.20M | -NOK 1.24B | 45.9% | -0.52 | NOK 3.36B | NOK 22.46M | NOK 6.20B |
| FY2022 | NOK 914.85M | -NOK 1.17B | -NOK 851.07M | 34.9% | -0.76 | NOK 3.14B | n/a | NOK 5.45B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-05 | NOK 3.73B | n/a | n/a | 0 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0 NOK.
About Nel ASA
Nel ASA, a hydrogen company, provides solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. It operates through Nel Alkaline Electrolyser and Nel PEM Electrolyser segments. The Nel Alkaline Electrolyser segment supplies hydrogen production equipment based on alkaline water electrolysis technology. The Nel PEM Electrolyser segment supplies hydrogen production equipment based on proton exchange membrane (PEM) water electrolysis technology.
ETFs that hold Nel ASA
Nel ASA is one of the ten largest holdings of one ETF that investors in Europe can buy:
| ETF | Weight | TER |
|---|---|---|
| GLOBAL X HYDROGEN | 5.66% | 0.50% |
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Frequently asked questions
What is Nel ASA's market cap?
Nel ASA's market capitalization is NOK 3.73B.
What does Nel ASA do?
Nel ASA, a hydrogen company, provides solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. It operates through Nel Alkaline Electrolyser and Nel PEM Electrolyser segments. The Nel Alkaline Electrolyser segment supplies hydrogen production equipment based on alkaline water electrolysis technology. The Nel PEM Electrolyser segment supplies hydrogen production equipment based on proton exchange membrane (PEM) water electrolysis technology. The company was formerly known as DiaGenic ASA and changed its name to Nel ASA in October 2014.