Business description: Nel ASA

Nel ASA is a Norway-based hydrogen company that delivers solutions to produce, store and distribute hydrogen from renewable energy. The Company specializes in electrolyser technology for production of renewable hydrogen, and hydrogen fueling equipment for road-going vehicles. The Company's business activities are divided into two operation segments: Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment is a manufacturer of hydrogen fueling stations for Fuel Cell Electric Vehicles. Nel’s H2Station manufacturing plant is located in Herning, Denmark. The Nel Hydrogen Electrolyser segment is a global supplier of hydrogen production equipment based on both alkaline and proton exchange membrane (PEM) water electrolysis technology. Nel Hydrogen Electrolyser has production facilities in Heroya, Norway, and in Wallingford, USA.

Number of employees: 394

Sales by Activity: Nel ASA

Fiscal Period: December20202021202220232024

Nel Alkaline Electrolyser

- - - - 1.01B

Nel Pem Electrolyser

- - - - 381M

Nel Hydrogen Fueling

298M 317M 208M 331M -

Electrolyser

281M 436M 707M 1.35B -
See all business segments

Geographical breakdown of sales: Nel ASA

Fiscal Period: December20202021202220232024

North America (Ex United States)

16.22M 13.56M 17.89M 32.53M 509M

Europe Ex Norway

124M 269M 268M 481M 415M

Asia

141M 81.16M 137M 159M 196M

USA

231M 366M 441M 890M 156M

Oceania

11.93M 5.77M 1.51M 6.56M 52.21M

Norway

12.72M 5.02M 6.5M 44.12M 36.74M

Middle East

11.82M 9.22M 26.22M 45.72M 9.77M

Africa

28M 1.66M 13.21M 12.58M 8.34M

South America

1.2M 2.08M 3.49M 9.26M 7.93M
See all geographic segments

Executive Committee: Nel ASA

Manager TitleAgeSince
Chief Executive Officer 49 2022-06-30
Director of Finance/CFO 49 2020-02-29
Chief Operating Officer 59 2022-07-31
Investor Relations Contact - 2022-02-28
Corporate Officer/Principal - 2019-02-28
See NEL ASA governance

Composition of the Board of Directors: Nel ASA

Director TitleAgeSince
Chairman 77 -
Director/Board Member 53 2017-05-14
Director/Board Member 57 2019-04-30
Director/Board Member 59 2020-05-12
Director/Board Member 72 2020-05-12
Director/Board Member 67 2023-04-20
Director/Board Member 58 2023-04-20
Composition of the Board of Directors

Shareholders: Nel ASA

NameEquities%Valuation
10 %
167,132,530 10 % 42 M kr
Storebrand Asset Management AS
1.128 %
18,847,500 1.128 % 5 M kr
Legal & General Investment Management Ltd.
1.057 %
17,658,530 1.057 % 4 M kr
Folketrygdfondet
1.047 %
17,504,862 1.047 % 4 M kr
green benefit AG
0.4419 %
7,385,852 0.4419 % 2 M kr
List of NEL ASA shareholders

Holdings: Nel ASA

NameEquities%Valuation
418,033 0.03% 103,852 $

Company details: Nel ASA

NEL ASA

Karenslyst allé 49

0279, Oslo

+47 23 24 89 50

http://www.nelhydrogen.com
address Nel ASA(NEL)

Group companies: Nel ASA

NameCategory and Sector
Chemicals: Specialty
See all subsidiaries

Other Renewable Energy Equipment & Services

Change 5d. change 1-year change 3-years change Capi.($)
-3.89%+6.13%-54.67%-79.95% 506M
-3.60%-6.67%+247.06%+535.56% 88.02B
+9.45%+8.85%+20.93%-6.91% 19.28B
+8.10%+8.40%-4.95%-77.41% 4.4B
+4.34%+0.35%+28.11%-66.44% 3.31B
+1.25%-4.52%+126.72%-16.09% 2.02B
+5.83%+4.49%-17.11%-75.87% 1.45B
-6.60%+24.75%-23.49%-38.97% 1.2B
-1.52%-3.11%-50.85%-3.72% 747M
0.00%+0.30% - - 502M
Average +1.34%+5.40%+30.19%+18.91% 12.14B
Weighted average by Cap. -0.70%-0.43%+184.88%+382.14%
See all sector performances