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Market: Oslo Symbol: EWIND ISIN: NO0010998529 Industry: Offshore wind industry

Edda Wind was founded in 2019 and is a provider of purpose-built Service Operation Vessels (SOV) and Commissioning Service Operation vessels (CSOV) to the global offshore wind market. The vessels accommodate wind turbine technicians and provide services during the commissioning and operation of offshore wind farms. The Company owns and operates eight vessels, of which three purpose-built offshore wind SOVs and five CSOVs, and has five dedicated offshore wind vessels under construction – all CSOVs. All newbuild vessels are prepared for zero-emission utilising liquid organic hydrogen carrier and/or methanol as an energy source.

Edda Wind is a public listed company under ticker EWIND. The largest investors are Geveran Trading Co. Limited, a company indirectly controlled by trusts established by Mr. John Fredriksen, Wilhelmsen New Energy AS a company controlled by Wilh. Wilhelmsen Holding AS and EPS Ventures Ltd a subsidiary of the Quantum Pacific Shipping group associated with Mr. Idan Ofer

 

Share data 16/04/2025
Currency NOK Volume 12,179
Previous Close 16.20 Number of Shares (mln) 129.31
Change (%) 1.57 Market Cap (mln) 2,094.89
Key figures (in EUR 1,000)
2022 2023 2024
Revenue 28,425 39,368 70,426
EBITDA 6,569 7,436 19,670
EBIT 3,374 (190) 6,814
Profit/(loss) for the period 1,935 987 3,776
Total assets 351,138 587,113 703,289
Vessel book value 66,714 272,970 395,427
Newbuilding book value 223,082 247,401 245,697
Equity 183,680 289,737 330,280
NIBD (net interest-bearing debt) 107,758 251,912 324,432
Net cash flow from operations 9,225 (13,100) 18,796
Net cash flow from investment activities (94,934) (231,294) (122,427)
Net cash flow from financing activities 41,107 232,724 104,048
Equity ratio 52.3% 49.3% 47.0%
Basic/diluted earnings per share in EUR 0.03 0.01 0.03