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Cavendish Hydrogen ASA

Cavendish Hydrogen ASA

CAVEN · OL · Utilities / Utilities - Regulated Gas

4.70NOK-0.21 (-4.18%)

Price History

Full chart

Market Stats

Previous Close4.91
Open5.49
Day Range4.70 – 5.49
52-Week Range5.10 – 11.50
Volume64.32K
Market Cap210.94M
P/E (TTM)0.00
Forward P/E0.00
EPS-8.07
Dividend Yield0.00%
Beta1.37
50-Day Avg5.62
200-Day Avg6.84

About

Cavendish Hydrogen ASA, a hydrogen fueling company, engages in development, production, marketing, sale, installation, commissioning, and service of equipment for fueling hydrogen to on-road vehicles in Denmark, Norway, the United States, South Korea, and Austria. The company's product includes the H2Station, which consists of various types of hydrogen fueling stations that provide fuel for fuel cell electric vehicles (FCEV), including cars, vans, buses, and trucks. It also offers project execution, site engineering, installation, commissioning, operation support, and maintenance services. Cavendish Hydrogen ASA was founded in 2003 and is headquartered in Oslo, Norway.

Company Details

  • SectorUtilities
  • IndustryUtilities - Regulated Gas
  • CEOMr. Robert Borin
  • Employees89
  • HeadquartersDronning Eufemias Gate 16, Oslo, Norway, 0191, Norway
  • Websitehttps://cavendishh2.com

Leadership

  • Mr. Robert BorinChief Executive Officer
  • Mr. Marcus HallandChief Financial Officer
  • Mr. Peder Hykkelbjerg HansenChief Operating Officer
  • Mr. Michael Ewald StefanChief Technology Officer
  • Mr. Nils Jacob HaaningC.C.O
  • Mr. Michael Dahl OlsenHead of IR and M&A
  • Mr. Stefan ThorsteinssonGeneral Counsel
  • Martin Anton PfandlHead of Sales
  • Elsebeth Haarup RasmussenHead of Human Resources
  • Soren HojgaardHead of Q/HSE

Financials

Income Statement

Currency: EUR2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue31.22M20.50M28.89M31.00M15.30M
Growth (%)--34.33%+40.88%+7.31%-50.65%
Cost of Revenue22.12M15.63M12.52M15.10M9.00M
Gross Profit9.10M4.88M16.36M15.90M6.30M
Gross Margin29.15%23.79%56.64%51.29%41.18%
Operating Expense33.01M79.20M40.47M39.40M31.40M
Operating Income-23.91M-74.32M-24.11M-23.50M-25.10M
Operating Margin-76.56%-362.47%-83.45%-75.81%-164.05%
EBITDA-20.35M-69.17M-22.83M-16.60M-21.82M
EBITDA Margin-65.17%-337.36%-79.03%-53.55%-142.61%
Net Income-24.66M-75.30M-28.89M-22.70M-26.50M
Net Income Margin-79.00%-367.25%-100.01%-73.23%-173.20%
R&D406.00K1.63M1.20M688.00K270.00K
R&D as % of Total Revenue1.30%7.93%4.16%2.22%1.76%
Interest Expense1.39M2.25M2.17M2.30M2.80M
Interest Expense % of Total Revenue4.46%10.99%7.53%7.42%18.30%

Balance Sheet

Currency: EUR2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets81.35M97.59M82.27M69.89M95.30M59.00M
Total Liabilities47.50M58.80M76.52M48.53M22.20M10.40M
Total Equity33.85M38.78M5.75M21.36M73.10M48.60M
Cash3.23M5.86M2.65M7.02M41.80M20.20M
Total Debt17.93M26.91M26.32M16.81M2.62M-
Net Debt14.71M21.05M23.66M9.79M-39.16M-

Cash Flow

Currency: EUR2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-25.28M-32.18M-18.81M-24.03M-18.40M
Investing Cash Flow-6.08M-5.38M-4.28M-7.82M-2.20M
Financing Cash Flow33.53M34.49M27.10M67.40M-600.00K
Capital Expenditure5.77M4.86M4.28M7.83M2.20M
Free Cash Flow-31.05M-37.03M-23.09M-31.86M-20.50M
FCF to OCF122.84%115.09%122.78%132.58%111.41%

Earnings

Report DateAug 29, 2024Nov 28, 2024Feb 27, 2025May 15, 2025Aug 28, 2025Nov 13, 2025Feb 26, 2026May 21, 2026Aug 27, 2026Nov 12, 2026
EPS Estimate-0.17-0.16-0.17--0.18-0.15-0.15-0.15-0.11-0.09
EPS Actual-0.24-0.13-0.13-3.26-0.15-0.17-0.19-2.08-2.17-
Surprise-41.18%18.75%23.53%-16.67%-13.33%-26.67%-1285.00%-1870.27%-
TimingPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap210.94M
Enterprise Value72.36M
Trailing P/E0.00
Forward P/E0.00
Price / Sales15.55
Price / Book0.50
EPS-8.07
Book Value13.71
Revenue (TTM)13.56M
Gross Profit (TTM)4.92M
EBITDA-16.32M
Profit Margin-183.20%
Operating Margin-156.82%
Return on Equity-48.81%
Return on Assets-18.74%
Shares Outstanding39.50M
Shares Float33.21M
Beta1.37
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%