Eqva ASA

Eqva ASA

EQVA · OL · Utilities / Utilities - Renewable

2.27NOK-0.07 (-2.99%)

Price History

Full chart

Market Stats

Previous Close2.34
Open2.37
Day Range2.20 – 2.37
52-Week Range2.71 – 4.81
Volume178.73K
Market Cap253.62M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.24
Dividend Yield0.00%
Beta0.50
50-Day Avg3.03
200-Day Avg3.14

About

Eqva ASA, provides industrial services in Norway and internationally. It operates through Industrial Solutions, Renewables, Real Estate, and Other segments. The company provides technical installations for smelters, land-based industry, aquaculture, maritime, defense, and offshore; industrial services for smelting operations, process industry, and mining and aquaculture. It also offers piping systems, equipment, and service for the aquaculture sector; and power and automation services to industrial clients, public services, and households. In addition, the company focuses on the development and operation of small-scale hydropower plants; and owns and rents out production areas. Further, it is involved in the provision of mechanical engineering and maintenance, construction for maritime and land-based industries, and custom industrial solutions; HVAC system design and installation, energy-efficient climate control solutions, and upgrades; electrical engineering and installations; consulting and support services; mechanical design and construction, structural engineering, and technical solutions; smart home solutions; custom-made prefabrication; and renewable energy projects, energy consulting and optimization, and power systems. The company was formerly known as Havyard Group ASA and changed its name to Eqva ASA in November 2022. The company was founded in 1999 and is headquartered in Kvinnherad, Norway.

Company Details

  • SectorUtilities
  • IndustryUtilities - Renewable
  • CEOOlav Hilmar Koloy
  • Employees750
  • HeadquartersHandelandsvegen 75, Kvinnherad, Norway, 5451, Norway
  • Websitehttps://www.eqva.no

Leadership

  • Olav Hilmar KoloyChief Executive Officer
  • Mr. Daniel Hjertaker MolvikChief Financial Officer
  • Sverre Olav HandelandGeneral Counsel
  • Mr. Stig Magne EspesethManaging Director of Havyard Design AS
  • Mr. Havard GjelsethManaging Director of MMC Green Technology AS
  • Mr. Kristian OsnesManaging Director of HAV Hydrogen AS
  • Mr. Anders NilsenChief Executive Officer of Fossberg Kraft
  • Mr. Johannes SandheiChief Executive Officer of IMTAS Group
  • Mr. Jan BergExecutive Vice President of Business Development - Norwegian Electric Systems-Sub
  • Mr. Lasse StokkelandExecutive Vice President of Havyard Ship Technology AS · b. 1970

Financials

Income Statement

Currency: NOK2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.43B1.99B2.40B1.76B1.99B1.31B2.37B2.24B1.67B902.89M221.70M659.34M1.06B1.29B
Growth (%)-+39.25%+20.87%-26.74%+13.38%-34.09%+80.24%-5.64%-25.47%-45.83%-75.45%+197.41%+60.88%+21.40%
Cost of Revenue892.04M1.35B1.76B1.24B1.37B846.17M1.81B1.88B1.30B636.96M78.30M563.91M529.43M479.80M
Gross Profit534.81M634.82M638.00M519.80M624.96M468.69M563.56M359.49M363.79M265.94M143.40M95.43M531.31M807.90M
Gross Margin37.48%31.95%26.57%29.54%31.33%35.65%23.78%16.08%21.83%29.45%64.68%14.47%50.09%62.74%
Operating Expense319.61M454.25M592.84M580.58M521.30M495.83M714.91M727.09M337.73M214.45M172.35M84.96M467.41M756.60M
Operating Income215.20M180.57M45.15M-60.78M103.66M-27.14M-151.36M-367.61M26.06M51.49M-28.95M10.47M63.90M51.30M
Operating Margin15.08%9.09%1.88%-3.45%5.20%-2.06%-6.39%-16.44%1.56%5.70%-13.06%1.59%6.02%3.98%
EBITDA233.79M220.18M86.47M-90.82M81.02M-18.72M-109.29M-306.27M51.86M102.69M-26.76M26.41M78.60M89.71M
EBITDA Margin16.39%11.08%3.60%-5.16%4.06%-1.42%-4.61%-13.70%3.11%11.37%-12.07%4.00%7.41%6.97%
Net Income163.51M138.10M27.99M-110.45M-36.67M-59.72M-192.73M-366.78M84.91M347.20M-21.41M-23.73M29.87M45.30M
Net Income Margin11.46%6.95%1.17%-6.28%-1.84%-4.54%-8.13%-16.40%5.09%38.45%-9.66%-3.60%2.82%3.52%
R&D-----9.75M35.81M12.67M15.98M-----
R&D as % of Total Revenue-----0.74%1.51%0.57%0.96%-----
Interest Expense4.42M16.92M32.34M40.55M32.09M21.22M34.85M67.18M20.48M4.45M10.64M27.02M31.63M38.00M
Interest Expense % of Total Revenue0.31%0.85%1.35%2.30%1.61%1.61%1.47%3.00%1.23%0.49%4.80%4.10%2.98%2.95%

Balance Sheet

Currency: NOK2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.09B1.38B1.53B1.74B1.34B1.34B1.34B2.29B1.76B1.93B490.17M712.37M667.64M829.27M1.09B
Total Liabilities677.01M856.50M864.09M1.14B833.16M848.88M856.38M2.00B1.88B1.96B192.35M400.23M377.22M517.27M698.00M
Total Equity417.50M506.92M647.44M590.33M451.34M431.69M380.70M210.95M-161.31M-78.81M297.81M308.75M285.10M319.44M394.30M
Cash257.56M104.37M133.18M80.19M130.09M186.92M116.67M221.87M172.23M229.28M221.73M61.12M35.98M99.38M149.00M
Total Debt345.35M424.95M293.19M762.28M332.89M352.66M210.16M865.91M589.93M941.64M5.14M186.61M215.97M202.62M-
Net Debt87.79M320.58M160.02M682.10M202.80M165.74M93.49M644.04M417.69M712.36M-216.59M125.49M179.98M103.25M109.60M

Cash Flow

Currency: NOK2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow213.49M449.58M-146.13M4.68M90.95M-14.57M175.86M-150.04M-38.33M340.42M-33.01M-51.00M116.57M102.94M
Investing Cash Flow-291.83M-129.44M83.60M-18.21M-17.43M-36.83M-93.90M178.08M-22.42M-349.91M-26.12M18.60M37.33M-
Financing Cash Flow-76.44M-154.00M-24.28M-9.18M-32.09M-25.62M23.24M-77.68M-43.42M81.24M-33.17M7.96M-94.18M-
Capital Expenditure16.75M53.36M62.88M27.25M24.68M41.98M40.01M56.06M21.00M22.85M3.25M5.61M10.14M15.52M
Free Cash Flow196.75M396.22M-209.01M-22.57M66.27M-56.55M135.85M-206.10M-59.33M317.56M-36.26M-56.61M106.43M87.42M
Dividends Paid59.94M24.79M95.00M11.87M251.00K-------14.40M-
FCF to OCF92.16%88.13%143.03%-482.20%72.87%388.18%77.25%137.37%154.80%93.29%109.86%111.01%91.30%84.92%
Dividend Paid to FCF30.47%6.26%-45.45%-52.58%0.38%-------13.53%-

Earnings

Report DateSep 30, 2014Feb 25, 2015Jun 3, 2015Sep 2, 2015Dec 2, 2015Feb 26, 2016May 20, 2016Aug 29, 2016Nov 18, 2016Feb 28, 2017May 30, 2017Aug 21, 2017Nov 23, 2017Feb 28, 2018May 28, 2018Aug 28, 2018Nov 29, 2018Feb 28, 2019May 31, 2019Aug 29, 2019Nov 28, 2019Nov 26, 2020Feb 25, 2021Nov 25, 2021Nov 16, 2022Feb 28, 2023May 30, 2023Aug 25, 2023Dec 28, 2023Feb 28, 2024May 16, 2024Aug 29, 2024Nov 14, 2024Feb 27, 2025Mar 31, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate---------------------------------------
EPS Actual0.63-0.531.17-0.530.30-3.660.660.901.33-2.150.21-0.35-1.66-0.76-0.17-0.78-0.13-1.360.13-2.00-5.261.742.790.57-0.300.02-0.01-0.02-0.290.020.490.13-0.05-0.130.440.11-0.02-0.09-0.10
Surprise---------------------------------------
Timing--------Pre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours--------------Pre-market----------

Key Statistics & Ratios

Market Cap253.62M
Enterprise Value618.04M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.18
Price / Book0.63
EPS-0.24
Book Value4.54
Revenue (TTM)1.41B
Gross Profit (TTM)914.64M
EBITDA62.82M
Profit Margin-0.78%
Operating Margin2.39%
Return on Equity1.65%
Return on Assets1.73%
Shares Outstanding88.99M
Shares Float37.46M
Beta0.50
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20241×
0.20Apr 16, 2024
20151×
0.45Mar 2, 2015
20142×
0.45Nov 24, 20142.68Sep 30, 2014

Stock Splits

  • Dec 15, 20211.4693:1