General Oceans ASA

General Oceans ASA

GENO · OL · Technology / Scientific & Technical Instruments

15.84NOK-1.16 (-6.82%)

Price History

Full chart

Market Stats

Previous Close17.00
Open17.04
Day Range15.82 – 17.06
52-Week Range17.06 – 33.26
Volume1.12M
Market Cap3.99B
P/E (TTM)26.25
Forward P/E0.00
EPS0.80
Dividend Yield0.00%
50-Day Avg20.20
200-Day Avg22.42

About

General Oceans ASA develops and manufactures oceanographic sensors, underwater vehicle systems, robotic manipulators, and software in Norway and Internationally. The company operates through two segments: Sensors and Robotics. The Sensors segment is involved in the design, manufacture, integration and sale of acoustic and environmental subsea sensors used for underwater perception, navigation, seabed mapping, and oceanographic measurement. The Robotics segment provides underwater robotic vehicles and manipulators used for unmanned subsea operations, inspection, intervention, and defence applications. The company also develops and supplies instrumentation technology for measuring and understanding the ocean and its dynamics, imaging and navigation systems, and remotely operated and autonomous vehicle solutions with associated manipulators and control systems. It offers its sensors, systems and robotic solutions for application in marine environments. The company sells its products under Nortek, Tritech, Klein, RS Aqua, Reach Robotics, and SRS brand names. General Oceans ASA was founded in 1996 and is headquartered in Rud, Norway.

Company Details

  • SectorTechnology
  • IndustryScientific & Technical Instruments
  • CEOMr. Atle Lohrmann
  • Employees372
  • HeadquartersVangkroken 2, Rud, Norway, 1351, Norway
  • Websitehttps://www.generaloceans.com

Leadership

  • Mr. Atle LohrmannPresident & CEO
  • Mr. Anton Van HeerdenChief Financial Officer
  • Ms. Rachel McAlpineGroup Marketing Manager
  • Mr. Peter SmithChief People Officer
  • Ms. Jannicke Koch-HagenExecutive Vice President of Nortek
  • Nathan KingExecutive Vice President of Reach Robotics
  • Mr. Louis BurnardExecutive Vice President of RS Aqua Ltd

Financials

Income Statement

Currency: NOK2023-12-312024-12-312025-12-31
Total Revenue808.77M957.07M1.28B
Growth (%)-+18.34%+33.78%
Cost of Revenue247.99M319.81M459.06M
Gross Profit560.78M637.25M821.35M
Gross Margin69.34%66.58%64.15%
Operating Expense489.92M573.49M639.74M
Operating Income70.86M63.77M181.61M
Operating Margin8.76%6.66%14.18%
EBITDA30.53M167.81M260.57M
EBITDA Margin3.77%17.53%20.35%
Net Income-72.53M39.18M165.08M
Net Income Margin-8.97%4.09%12.89%
R&D--15.49M
R&D as % of Total Revenue--1.21%
Interest Expense35.87M46.96M8.50M
Interest Expense % of Total Revenue4.43%4.91%0.66%

Balance Sheet

Currency: NOK2023-12-312024-12-312025-12-31
Total Assets1.05B1.32B1.35B
Total Liabilities421.20M597.87M644.57M
Total Equity625.28M718.39M707.84M
Cash172.65M281.63M341.36M

Cash Flow

Currency: NOK2023-12-312024-12-312025-12-31
Operating Cash Flow47.74M130.17M208.42M
Capital Expenditure30.97M17.89M36.57M
Free Cash Flow16.76M112.28M171.85M
Dividends Paid25.00M10.00M40.00M
FCF to OCF35.11%86.26%82.45%
Dividend Paid to FCF149.15%8.91%23.28%

Earnings

Report DateJun 3, 2026Sep 2, 2026
EPS Estimate--
EPS Actual0.160.34
Surprise--
Timing--

Key Statistics & Ratios

Market Cap3.99B
Enterprise Value3.43B
Trailing P/E26.25
Forward P/E0.00
Price / Sales3.00
Price / Book3.00
EPS0.80
Book Value6.83
Revenue (TTM)1.33B
Gross Profit (TTM)878.32M
EBITDA208.01M
Profit Margin14.17%
Operating Margin17.53%
Return on Equity5.83%
Return on Assets3.56%
Shares Outstanding190.11M
Shares Float42.86M
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%