Market Closed - Oslo Bors 10:45:00 2023-12-05 am EST Intraday chart for Nel ASA 5-day change 1st Jan Change
8.208 NOK +0.54% +14.77% -40.76%

Business Summary

Nel ASA is specialized in the development and manufacturing of optimal solutions for the production, storage and distribution of hydrogen from renewable energy sources. Net sales break down by activity as follows:

- electrolyser manufacturing (77.3%);

- hydrogen stations manufacturing (22.7%): designed to quickly recharge fuel cell electric vehicles.

Net sales are distributed geographically as follows: Norway (0.7%), Europe (29.3%), the United States (48.2%), North America (2%), Asia (15%), Middle East (2.9%), Africa (1.4%), South America (0.4%) and Oceania (0.1%).

Number of employees : 652

Sales per Business

NOK in Million2021Weight2022Weight Delta
Electrolyser
77.3 %
436 57.9 % 707 77.3 % +62.14%
Fueling
22.7 %
317 42.1 % 208 22.7 % -34.41%

Sales per region

NOK in Million2021Weight2022Weight Delta
United States
48.2 %
366 48.5 % 441 48.2 % +20.64%
Europe
29.3 %
269 35.7 % 268 29.3 % -0.47%
Asia
15.0 %
81 10.8 % 137 15.0 % +69.09%
Middle East
2.9 %
9 1.2 % 26 2.9 % +184.48%
North America
2.0 %
14 1.8 % 18 2.0 % +31.99%
Africa
1.4 %
2 0.2 % 13 1.4 % +694.11%
Norway
0.7 %
5 0.7 % 6 0.7 % +29.46%
South America
0.4 %
2 0.3 % 3 0.4 % +67.24%
Oceania
0.2 %
6 0.8 % 2 0.2 % -73.80%

Managers

Managers TitleAgeSince
Chief Executive Officer 47 2022
Director of Finance/CFO 47 2020
Chief Tech/Sci/R&D Officer - 2016
Investor Relations Contact - 2022
Human Resources Officer - 2020
General Counsel - 2019
Corporate Officer/Principal - 2018

Members of the board

Members of the board TitleAgeSince
Director/Board Member 73 2017
Chairman 75 2017
Director/Board Member 70 2020
Director/Board Member 57 2020
Director/Board Member 51 2017
Director/Board Member 55 2019

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,671,325,304 1,669,926,189 ( 99.92 %) 418,033 ( 0.0250 %) 99.92 %

Shareholders

NameEquities%Valuation
The Vanguard Group, Inc.
3.165 %
52,897,840 3.165 % 35 M kr
BlackRock Fund Advisors
2.369 %
39,588,047 2.369 % 26 M kr
Storebrand Asset Management AS
1.547 %
25,850,758 1.547 % 17 M kr
BlackRock Advisors (UK) Ltd.
1.472 %
24,608,417 1.472 % 16 M kr
DNB Asset Management AS
1.364 %
22,801,929 1.364 % 15 M kr
Folketrygdfondet
1.273 %
21,272,689 1.273 % 14 M kr
KLP Kapitalforvaltning AS
1.155 %
19,308,420 1.155 % 13 M kr
Handelsbanken Fonder AB
0.6636 %
11,090,862 0.6636 % 7 M kr
Amundi Asset Management SA (Investment Management)
0.6435 %
10,754,344 0.6435 % 7 M kr
Amundi Austria GmbH
0.4974 %
8,314,004 0.4974 % 5 M kr

Holdings

NameEquities%Valuation
11,698,918 13.56% 6,806,781 $
418,033 0.03% 273,908 $

Company contact information

NEL ASA

Grenseveien 92

0663, Oslo

+47 23 24 89 50

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

Group companies

NameCategory and Sector
Nel Hydrogen Electrolyser AS
Process Industries - Chemicals: Specialty
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