Market: Oslo Symbol: SEAW7 ISIN: NO0010893803 Industry: Renewable Energy Equipment

Seaway 7 supports developers to bring sustainable, renewable energy to the world through the construction of fixed offshore wind farms.

As a global leader in the delivery of bottom-fixed offshore wind farm solutions, Seaway 7 offers specialist foundation, offshore substation, submarine cable and wind turbine installation services and heavy transportation for the renewables sector.

With capabilities and an extensive expertise in project management, engineering, procurement and fabrication, Seaway 7 can deliver these services in a comprehensive array of contractual structures including Engineering, Procurement, Construction and Installation (EPCI), (integrated) Transportation & Installation (T&I) and Balance of Plant (BoP) to our clients in the offshore wind industry.

Our people are at the heart of our business and are the key to our success. Seaway 7 employs around 600 people.

Share data 28/11/2022
Currency NOK Volume 89,412
Previous Close 5.840 Number of Shares (mln) 873.125
Change (%) 0.690 Market Cap (mln) 5,099.051
Key figures (in $ millions)
2019 2020 2021
Income statement      
Total revenue 61.1 631.4 1,260.0
Operating profit (loss) (6.0) (39.7) (38.9)
Profit (loss) before tax (7.9) (44.4) (48.1)
Net profit (loss) (7.6) (49.5) (62.5)
Balance sheet      
Total assets 219.5 767.0 1,352.7
Non-current assets 194.1 607.8 1,025.1
Current assets 25.5 159.2 327.6
Total equity 169.2 578.1 864.3
Total liabilities 50.3 188.9 488.4
Non-current liabilities 1.4 7.3 29.9
Current liabilities 48.9 181.6 458.5
Cash flow statement      
Net cash flow from operating activities 12.7 (3.0) 38.6
Net cash flow used in investment activities (39.0) (16.9) (38.0)
Net cash flow from financing activities 24.7 23.4 15.2
Net change in cash and cash equivalents (1.6) 3.5 15.8
Key indicator      
Basic and diluted earnings (loss) - $ per share (0.08) (0.16) (0.18)