| 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 | 20/12/2024 | ||
| Currency | NOK | Volume | 37,696 |
| Previous Close | 18.60 | Number of Shares (mln) | 129.31 |
| Change (%) | -2.11 | Market Cap (mln) | 2,405.25 |
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) |
