MORELD AS

MORELD AS

MORLD · OL · Energy / Oil & Gas Equipment & Services

27.10NOK+0.60 (+2.26%)

Price History

Full chart

Market Stats

Previous Close26.50
Open26.65
Day Range26.40 – 27.10
52-Week Range14.38 – 25.80
Volume266.21K
Market Cap4.00B
P/E (TTM)40.54
Forward P/E6.89
EPS0.56
Dividend Yield8.81%
50-Day Avg23.08
200-Day Avg19.38

About

Moreld ASA provides integrated solutions for the energy, marine, and industrial sectors in Norway, Africa, Europe, and internationally. It operates through Moreld Apply, Ocean Installer, and Global Maritime segments. The company undertakes marine and subsea construction works; and offers a range of services, such as subsea umbilicals, risers, flowlines, moorings, offshore renewables, and carbon capture and storage, as well as inspection, repair, and maintenance services. It also provides subsea installation services for offshore oil and gas developments; maintenance and modification services for offshore oil and gas platforms; support services for renewable energy projects, including carbon capture, hydrogen, and offshore wind; and full offshore project lifecycle from engineering and design, consultancy, marine operations, marine warranty services, geoscience, and marine operation support solutions. The company was formerly known as Moreld AS and changed its name to Moreld ASA in June 2025. The company was incorporated in 2021 and is headquartered in Stavanger, Norway.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Equipment & Services
  • CEOMr. Geir Austigard
  • Employees2.80K
  • HeadquartersMoseidsletta 122, Stavanger, Norway, 4033, Norway
  • Websitehttps://www.moreld.com

Leadership

  • Mr. Geir AustigardChief Executive Officer · b. 1968
  • Mr. Trond RosnesChief Financial Officer · b. 1976
  • Mr. Karsten GudmundsetChief Executive Officer of Moreld Apply · b. 1986
  • Mr. Jonathan William LoganChief Executive Officer of Global Maritime · b. 1983
  • Mr. Kevin MurphyChief Executive Officer of Ocean Installer · b. 1980
  • Mr. Jorgen JorgensenEVP of Ross Offshore

Financials

Income Statement

Currency: NOK2023-12-312024-12-312025-12-31
Total Revenue1.07M7.12B9.83B
Growth (%)-+665749.35%+37.95%
Cost of Revenue03.09B4.72B
Gross Profit1.07M4.04B5.10B
Gross Margin100.00%56.69%51.93%
Operating Expense27.93M3.59B4.29B
Operating Income-26.86M446.65M810.51M
Operating Margin-2509.91%6.27%8.25%
EBITDA-18.42M489.66M2.11B
EBITDA Margin-1721.40%6.87%21.46%
Net Income-21.16M-711.29M284.65M
Net Income Margin-1977.38%-9.98%2.90%
Interest Expense4.08M7.92M11.16M
Interest Expense % of Total Revenue381.50%0.11%0.11%

Balance Sheet

Currency: NOK2023-12-312024-12-312025-12-31
Total Assets2.47B7.19B5.79B
Total Liabilities2.49B6.49B5.00B
Total Equity-20.54M698.55M791.10M
Cash171.14M1.50B1.09B
Net Debt680.08M30.71M189.89M

Cash Flow

Currency: NOK2023-12-312024-12-312025-12-31
Operating Cash Flow123.00K1.54B1.41B
Investing Cash Flow-793.32M-299.38M-91.67M
Financing Cash Flow978.91M221.60M-1.67B
Capital Expenditure063.51M80.51M
Free Cash Flow123.00K1.29B1.33B
Dividends Paid--224.02M
FCF to OCF100.00%83.58%94.30%
Dividend Paid to FCF--16.81%

Earnings

Report DateFeb 14, 2025May 15, 2025Aug 14, 2025Nov 14, 2025Feb 12, 2026May 7, 2026Aug 12, 2026
EPS Estimate-0.07-0.100.860.450.10-0.811.00
EPS Actual-3.660.260.810.210.40-0.790.79
Surprise-5128.57%360.00%-5.81%-53.33%300.00%2.47%-21.00%
TimingPre-marketPre-marketPre-marketPre-marketPre-market-After-hours

Key Statistics & Ratios

Market Cap4.00B
Enterprise Value6.03B
Trailing P/E40.54
Forward P/E6.89
Price / Sales0.49
Price / Book6.76
EPS0.56
Book Value3.35
Revenue (TTM)8.16B
Gross Profit (TTM)1.96B
EBITDA-511.44M
Profit Margin1.22%
Operating Margin9.81%
Return on Equity13.51%
Return on Assets2.51%
Shares Outstanding176.03M
Shares Float92.58M
Dividend Yield8.81%
Dividend Rate2.00
Payout Ratio3.02%

Dividends

20264×
0.50Nov 9, 20260.50Aug 17, 20260.50May 11, 20260.42Feb 16, 2026
20253×
0.42Nov 18, 20250.42Aug 18, 20250.42May 21, 2025