Company Otovo ASA

Equities

OTOVO

NO0010809783

Renewable Energy Equipment & Services

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per Business

Sales per region

Ratings for Otovo ASA

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Renewable Energy Services

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-04-19 am EDT			5-day change	1st Jan Change
1.4 ^NOK	-0.99%		-7.16%	-58.52%

Feb. 08	Otovo ASA Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	CI
Feb. 08	Transcript : Otovo ASA, Q4 2023 Earnings Call, Feb 08, 2024

OTOVO ASA is a Norway-based marketplace for residential energy installations. The Company offers an online platform for designing, pricing and purchasing solar panels to homeowners. When customers insert their address on the site, the system prices and finds an installer for the solar panels in real-time, and the customers may purchase the solar panels online. Otovo is positioned in the residential segment of solar panels. The Company's main activities are marketing, lead generation, sales and planning of installation, follow-up during and after installation, and provision of services as the Otovo App enables the customer to monitor the electricity production. The Company's organization consists of the business units products, technology and supply chain, operations, marketing and international business development.

Number of employees: 390

NOK in Million	2022	Weight	2023	Weight	Delta
Marketplace 95.2 %	795	122.0 %	1,040	95.2 %	+30.73%
Subscription 4.8 %	11	1.8 %	53	4.8 %	+360.82%

NOK in Million	2022	Weight	2023	Weight	Delta
Austria, Germany, Italy, Switzerland 38.0 %	220	33.8 %	415	38.0 %	+88.47%
North 23.0 %	106	16.3 %	251	23.0 %	+135.63%
Norway 19.5 %	162	24.8 %	213	19.5 %	+31.93%
Benefrux 11.0 %	110	16.9 %	120	11.0 %	+8.81%
Atlantic 8.5 %	53	8.2 %	93	8.5 %	+74.09%

Managers	Title	Age	Since
Simen Fure Jørgensen FOU	Founder	44	15-05-31
Andreas Egge Thorsheim CEO	Chief Executive Officer	44	15-05-31
Petter Ulset DFI	Director of Finance/CFO	41	22-02-28
Sondre Bergloff IRC	Investor Relations Contact	-	-
Alexander Berson SAM	Sales & Marketing	-	23-09-10
Lars Ekeland LAW	General Counsel	48	20-09-30

Members of the board	Title	Age	Since
Peter Mellbye CHM	Chairman	75	17-02-28
Tor Øystein Repstad BRD	Director/Board Member	51	16-08-31
Josefin Langård BRD	Director/Board Member	41	21-03-31
Ingunn Andersen Randa BRD	Director/Board Member	-	18-05-31
Stine Halla BRD	Director/Board Member	46	22-03-31
Zoë Wyon BRD	Director/Board Member	30	23-06-22
Matteo Ciprandi BRD	Director/Board Member	31	23-06-22

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	1,578,947	0	0	57.08 %
Stock B	1	279,589,524	160,494,524 ( 57.40 %)	0

Name	Equities	%	Valuation
Axson Johnson Family 13.77 %	38,490,000	13.77 %	5 M kr
Government of Norway 3.860 %	10,792,000	3.860 %	1 M kr
Agder Energi Invest AS 3.617 %	10,112,000	3.617 %	1 M kr
Andreas Egge Thorsheim 3.099 %	8,665,000	3.099 %	1 M kr
Andmar Operations AS 3.099 %	8,664,610	3.099 %	1 M kr
Encompass Capital Advisors LLC 2.775 %	7,759,763	2.775 %	985 335 kr
City of Oslo 2.258 %	6,312,000	2.258 %	801 498 kr
OBOS BBL 2.079 %	5,813,000	2.079 %	738 135 kr
Erste Asset Management GmbH 1.147 %	3,205,867	1.147 %	407 081 kr
Altitude Capital AS 1.105 %	3,090,081	1.105 %	392 378 kr

Otovo ASA

Torggata 5

0181, Oslo

http://www.otovo.no

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

1.414 NOK

Average target price

3.025 NOK

Spread / Average Target

+113.93%

Consensus

Estimates Revisions

Company calendar

Renewable Energy

Renewable Energy

Renewable Energy Equipment & Services

Renewable Energy Services

	1st Jan change	Capi.
OTOVO ASA	-59.11%	36.08M
OX2 AB	-27.73%	1.02B
AMERESCO, INC.	-41.40%	970M
BONHEUR ASA	-2.48%	922M
MEGA FIRST CORPORATION	+26.83%	922M
ENERGÍA, INNOVACIÓN Y DESARROLLO FOTOVOLTAICO, S.A.	+78.56%	758M
HD RENEWABLE ENERGY CO., LTD.	+51.72%	618M
DORAL GROUP RENEWABLE ENERGY RESOURCES LTD	+11.20%	450M
ESENBOGA ELEKTRIK ÜRETIM	+14.48%	148M
SOLARBANK CORPORATION	+18.25%	147M

Renewable Energy Services