Nel ASA
ISIN: NO0010081235 | Ticker: NEL | LEI: 549300G6XN5IXMRKEG37
Country: Norway
Nel and Statkraft pave the way for a green hydrogen value chain in Norway
Hydrogen technology company Nel and Europe’s largest supplier of renewable energy, Statkraft, newly signed a contract for delivery of 40 MW of electrolyser equipment.
Renewable energy
We cater to power-to-gas, and power-to-industry markets, and more
Hydrogen production
Our electrolysers are for markets including fertilizer, green steel and cement
Hydrogen fueling
We provide fueling equipment for cars, trucks, buses and other markets
1927
Served areaWorldwide
HeadquartersPostboks 199, Skøyen, 0212 Oslo – Norway
| Line item in (nok) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 6,136,696,000.00 | 6,006,984,000.00 | 6,950,512,000.00 |
| Noncurrent Assets | N/A | 1,542,943,000.00 | 1,862,845,000.00 | 1,972,902,000.00 |
| Property Plant And Equipment | N/A | 378,052,000.00 | 623,514,000.00 | N/A |
| Goodwill | N/A | 619,731,000.00 | 615,184,000.00 | 365,580,000.00 |
| Investment Accounted For Using Equity Method | N/A | 1,289,000.00 | 2,298,000.00 | 2,886,000.00 |
| Current Assets | N/A | 4,593,753,000.00 | 4,144,139,000.00 | 4,977,610,000.00 |
| Inventories | N/A | 237,129,000.00 | 328,465,000.00 | 504,595,000.00 |
| Current Trade Receivables | N/A | 101,449,000.00 | 211,408,000.00 | 460,735,000.00 |
| Cash and cash equivalents | 525,982,000.00 | 2,332,854,000.00 | 2,722,769,000.00 | 3,138,550,000.00 |
| Current Prepayments And Other Current Assets | N/A | N/A | 702,728,000.00 | 777,408,000.00 |
| Other Current Assets | N/A | 1,794,345,000.00 | 702,728,000.00 | N/A |
| Equity And Liabilities | N/A | 6,136,696,000.00 | 6,006,984,000.00 | 6,950,512,000.00 |
| Equity | 1,846,618,000.00 | 5,468,316,000.00 | 5,038,704,000.00 | 5,449,608,000.00 |
| Issued Capital | N/A | 281,559,000.00 | 292,160,000.00 | 312,665,000.00 |
| Retained Earnings | N/A | 693,563,000.00 | -971,636,000.00 | -2,142,805,000.00 |
| Share Premium | N/A | 4,367,306,000.00 | 5,596,248,000.00 | 7,098,186,000.00 |
| Treasury Shares | N/A | 79,000.00 | 81,000.00 | 84,000.00 |
| Capital Reserve | N/A | N/A | 53,422,000.00 | 61,768,000.00 |
| Liabilities | N/A | 668,379,000.00 | 968,279,000.00 | 1,500,905,000.00 |
| Noncurrent Liabilities | N/A | 237,294,000.00 | 263,228,000.00 | N/A |
| Noncurrent Government Grants | N/A | N/A | 69,537,000.00 | 64,049,000.00 |
| Deferred Tax Liabilities | N/A | 55,144,000.00 | 48,543,000.00 | 45,529,000.00 |
| Other Noncurrent Liabilities | N/A | 11,140,000.00 | 8,452,000.00 | 7,102,000.00 |
| Longterm Borrowings | N/A | 30,284,000.00 | 23,191,000.00 | N/A |
| Current Liabilities | N/A | 431,085,000.00 | 705,051,000.00 | N/A |
| Current Provisions | N/A | 74,735,000.00 | 88,106,000.00 | 153,440,000.00 |
| Trade And Other Current Payables To Trade Suppliers | N/A | 81,570,000.00 | 132,962,000.00 | 201,744,000.00 |
| Current Contract Liabilities | N/A | 193,082,000.00 | 360,821,000.00 | 672,291,000.00 |
| Other Current Liabilities | N/A | 67,407,000.00 | 103,246,000.00 | 133,704,000.00 |
| Line item in (nok) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue From Contracts With Customers | 578,333,000.00 | 753,096,000.00 | 914,853,000.00 |
| Other Income | 73,548,000.00 | 44,905,000.00 | 78,728,000.00 |
| Raw Materials And Consumables Used | 393,982,000.00 | 551,695,000.00 | 584,815,000.00 |
| Employee Benefits Expense | 329,402,000.00 | 472,010,000.00 | 664,815,000.00 |
| Depreciation And Amortisation Expense | 91,286,000.00 | 103,116,000.00 | 171,483,000.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 71,666,000.00 | 4,500,000.00 | 327,298,000.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 71,666,000.00 | 4,500,000.00 | 327,298,000.00 |
| Other Expense By Nature | 180,042,000.00 | 249,533,000.00 | 523,824,000.00 |
| Profit Loss From Operating Activities | -414,497,000.00 | -582,853,000.00 | -1,278,654,000.00 |
| Finance Income | 1,675,567,000.00 | 28,276,000.00 | 97,629,000.00 |
| Finance Costs | 16,789,000.00 | 1,129,224,000.00 | 5,972,000.00 |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | 1,242,000.00 | -35,000.00 | 0.00 |
| Profit Loss Before Tax | 1,245,523,000.00 | -1,683,836,000.00 | -1,186,997,000.00 |
| Income Tax Expense Continuing Operations | -16,357,000.00 | -16,984,000.00 | -15,828,000.00 |
| Profit Loss Attributable To Owners Of Parent | 1,261,880,000.00 | -1,666,852,000.00 | -1,171,169,000.00 |
| Line item in (nok) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Adjustments For Decrease Increase In Inventories | N/A | -31,895,000.00 | -91,336,000.00 | -176,130,000.00 |
| Adjustments For Increase Decrease In Trade Account Payable | N/A | -10,627,000.00 | 51,392,000.00 | 68,782,000.00 |
| Adjustments For Provisions | N/A | 30,974,000.00 | 13,371,000.00 | 65,334,000.00 |
| Adjustments For Sharebased Payments | N/A | 7,682,000.00 | 9,000.00 | 8,342,000.00 |
| Adjustments For Fair Value Gains Losses | N/A | -1,632,006,000.00 | 1,113,189,000.00 | 30,614,000.00 |
| Cash Flows From Used In Operating Activities | N/A | -215,886,000.00 | -449,458,000.00 | -690,580,000.00 |
| Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | -19,829,000.00 | 0.00 | N/A |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | -26,022,000.00 | 0.00 | N/A |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | 0.00 | 26,056,000.00 | 0.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 148,539,000.00 | 258,283,000.00 | 160,486,000.00 |
| Purchase Of Intangible Assets Classified As Investing Activities | N/A | N/A | 118,870,000.00 | 118,251,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -294,430,000.00 | -373,616,000.00 | -403,088,000.00 |
| Proceeds From Issuing Shares | N/A | 2,383,259,000.00 | 1,255,103,000.00 | 1,545,866,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 16,395,000.00 | 0.00 | N/A |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 10,915,000.00 | 15,467,000.00 | 14,400,000.00 |
| Interest Paid Classified As Financing Activities | N/A | 4,411,000.00 | 3,678,000.00 | 11,166,000.00 |
| Cash Flows From Used In Financing Activities | N/A | 2,313,710,000.00 | 1,215,932,000.00 | 1,494,985,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 3,478,000.00 | -2,943,000.00 | 14,464,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 1,806,872,000.00 | 389,915,000.00 | 415,781,000.00 |
| Cash and cash equivalents | 525,982,000.00 | 2,332,854,000.00 | 2,722,769,000.00 | 3,138,550,000.00 |
Please note that some sums might not add up.
NO0010081235
LEI549300G6XN5IXMRKEG37
SectorIndependent Power and Renewable Electricity Producers
Sub-IndustryIndependent Power Producers & Energy Traders
Listed Stock ExchangeOBX
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