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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 five vessels, two SOVs and three CSOVs. Additionally, Edda Wind has eight vessels currently under construction, consisting of one SOV and seven 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 Xclat Holdings Ltd a subsidiary of the Quantum Pacific Shipping group associated with Mr. Idan Ofer

 

Share data 29/11/2024
Currency NOK Volume 3,697
Previous Close 20.70 Number of Shares (mln) 129.31
Change (%) 2.48 Market Cap (mln) 2,676.81
Key figures (in EUR 1,000)
2021 2022 2023
Revenue 24,416 28,425 39,368
EBITDA 6,182 6,569 7,436
EBIT 3,013 3,374 (190)
Profit/(loss) for the period 2,242 1,935 (3,868)
Total assets 305,602 351,138 582,258
Vessel book value 73,611 66,714 271,222
Newbuilding book value 131,077 223,082 244,294
Equity 184,332 183,680 284,882
NIBD (net interest-bearing debt) 20,940 107,758 251,912
Net cash flow from operations 6,765 9,225 (13,100)
Net cash flow from investment activities (67,512) (94,934) (227,415)
Net cash flow from financing activities 142,536 41,107 228,843
Equity ratio 60.3% 52.3% 48.9%
Basic/diluted earnings per share in EUR 0.06 0.03 (0.04)