Soiltech ASA

STECH · OL · Industrials / Waste Management

89.20NOK-0.20 (-0.22%)

Price History

Full chart

Market Stats

Previous Close89.40

Open87.20

Day Range87.20 – 89.40

52-Week Range62.40 – 93.00

Volume2.61K

Market Cap724.18M

P/E (TTM)18.34

Forward P/E11.63

EPS4.46

Dividend Yield0.00%

50-Day Avg85.90

200-Day Avg83.57

About

Soiltech ASA, an innovative cleantech service provider, engages in the treatment, recycling, and handling of contaminated water and solid industrial waste streams in Norway, Europe, and internationally. The company offers slop, water, cutting, and swarf treatment, as well as cutting handling and skip, filter units, cleaning, and mud centrifuge services. It is also involved in the sale of services related to fluid treatment, cleaning services and associated services. The company serves energy sector, aquaculture, municipality and other industries. The company was formerly known as SoilTech AS and changed its name to Soiltech ASA in July 2024. Soiltech ASA was incorporated in 2011 and is based in Sandnes, Norway.

Company Details

SectorIndustrials
IndustryWaste Management
CEOMr. Jan Erik Tveteraas
HeadquartersKoppholen 25, Sandnes, Norway, 4313, Norway
Websitehttps://soiltech.no

Leadership

Mr. Jan Erik TveteraasChief Executive Officer · b. 1960
Tove VestlieCFO & Investor Relations
Erik Bjondal-RovdeChief Operating Officer
Patrick AslandVice President of Technology & Newbuilds
Bente SkogenVice President of People & Organization
Glenn AslandSenior Vice President of Technology
Else Karin VadelandVice President of HSSEQ & Sustainability
Mr. Michael OlsenChief Commercial Officer

Financials

Income Statement

Currency: NOK	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	177.07M	229.11M	273.89M	400.84M
Growth (%)	-	+29.39%	+19.55%	+46.35%
Cost of Revenue	33.50M	39.70M	44.42M	81.37M
Gross Profit	143.57M	189.42M	229.47M	319.47M
Gross Margin	81.08%	82.67%	83.78%	79.70%
Operating Expense	120.90M	149.25M	205.67M	259.78M
Operating Income	22.68M	40.17M	23.80M	59.69M
Operating Margin	12.81%	17.53%	8.69%	14.89%
EBITDA	39.06M	57.97M	47.13M	90.68M
EBITDA Margin	22.06%	25.30%	17.21%	22.62%
Net Income	14.66M	27.41M	7.49M	32.23M
Net Income Margin	8.28%	11.96%	2.74%	8.04%
Interest Expense	4.22M	7.76M	13.40M	17.39M
Interest Expense % of Total Revenue	2.38%	3.39%	4.89%	4.34%

Balance Sheet

Currency: NOK	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	218.98M	269.82M	350.68M	434.23M	591.20M
Total Liabilities	106.24M	127.36M	180.12M	229.73M	344.74M
Total Equity	112.75M	142.46M	170.56M	204.50M	246.47M
Cash	39.23M	38.83M	26.78M	34.70M	57.52M
Net Debt	-	13.38M	58.99M	72.12M	82.56M

Cash Flow

Currency: NOK	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	45.72M	36.75M	39.36M	112.20M
Investing Cash Flow	-49.12M	-64.03M	-38.99M	-97.68M
Financing Cash Flow	3.02M	15.23M	7.55M	8.54M
Capital Expenditure	49.90M	64.03M	38.99M	97.68M
Free Cash Flow	-4.18M	-27.28M	366.00K	14.52M
FCF to OCF	-9.15%	-74.24%	0.93%	12.94%

Earnings

Report Date	Nov 27, 2024	Feb 26, 2025	May 8, 2025	Aug 28, 2025	Oct 30, 2025	Feb 20, 2026	May 12, 2026	Aug 20, 2026
EPS Estimate	-	0.57	0.54	-	0.98	0.65	1.17	1.76
EPS Actual	-1.25	1.66	0.70	1.14	0.88	1.27	0.86	1.79
Surprise	-	190.89%	29.63%	-	-10.20%	94.47%	-26.50%	1.75%
Timing	-	-	Pre-market	-	Pre-market	-	Pre-market	-

Key Statistics & Ratios

Market Cap724.18M

Enterprise Value960.45M

Trailing P/E18.34

Forward P/E11.63

Price / Sales1.63

Price / Book2.49

EPS4.46

Revenue (TTM)0

Gross Profit (TTM)0

Profit Margin0.00%

Operating Margin0.00%

Return on Equity0.00%

Return on Assets0.00%

Shares Outstanding8.85M

Shares Float0

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%