profit from every NOK 100 of sales.
NOK 0NOK 100
Norbit
NOK 186.80+14.11% today
+8.9% in 1 year
1-year low NOK 156.601-year high NOK 237.60
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay NOK 29.56 for every NOK 1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Norbit sold, what it kept, and what it did with the cash.
Sales went from NOK 1.17 billion in 2022 to NOK 2.50 billion in 2025, with NOK 404 million of profit last year.
SalesProfit
Norbit handed back more cash to shareholders than it generated last year.
NOK 382M
Free cash flow 2025NOK 300M
Bought back its own sharesNOK 10M
Paid as dividendsNOK 382M
Cash vs. debtNOK 145M vs. NOK 718M
Norbit vs. similar companies
Norbit grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from NOK 100 of sales | Sales growth a year | Price per NOK 1 of profit |
|---|---|---|---|
| Norbit | 29.6× · Fair price | ||
 Keyence | 45.6× · Expensive | ||
 Garmin | 33.1× · Expensive | ||
 Keysight Technologies | 60.9× · Very expensive | ||
 Coherent | 56.8× · Expensive |
AI analysis
An AI analyst reads Norbit's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of NOK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,168 | 1,519 | 1,751 | 2,503 | |
| 618 | 904 | 1,047 | 1,393 | |
| 149 | 284 | 345 | 555 | |
| 224 | 383 | 510 | 751 | |
| 107 | 185 | 243 | 404 | |
| 1.82 | 3.10 | 3.93 | 6.32 | |
| 52.9% | 59.5% | 59.8% | 55.6% | |
| 12.7% | 18.7% | 19.7% | 22.2% | |
| 9.1% | 12.2% | 13.9% | 16.2% |
Balance sheet
| In millions of NOK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,221 | 1,496 | 2,184 | 2,623 |
| Cash | 34 | 50 | 182 | 145 |
| Total debt | 373 | 266 | 543 | 718 |
| Total liabilities | 622 | 703 | 1,027 | 1,411 |
| 599 | 793 | 1,157 | 1,212 | |
| 59 | 60 | 62 | 64 | |
| 11.0% | 20.3% | 17.3% | 24.0% | |
| 17.8% | 23.4% | 21.0% | 33.4% |
Cash flow
| In millions of NOK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 86 | 346 | 431 | 501 | |
| 92 | 107 | 145 | 201 | |
| -6 | 239 | 286 | 300 | |
| Dividends paid | 18 | 42 | 153 | 382 |
| 1 | 1 | 5 | 10 | |
| – | – | – | – |
Valuation
- 28.3×
- –
- 0.55
- 8.8×
- 4.6×
- 38.1×
- 16.0×
- 2.6%
- 3.5%
- 3.3%
Profitability
- 55.6%
- 22.2%
- 16.2%
- –
- 24.0%
- 18.2%
- –
- –
- –
- –
Growth
- +28.9%
- +51.4%
- –
- –
- +2.9%
Financial health
- 0.8×
- 0.59
- –
- 8.8×
- 1.56
- –
- –
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 10%of 966
Top 16%of 974
Top 50%of 729
Top 16%of 978
Bottom 49%of 982
3.3%of the share price, paid each year
On $1,000 invested$33a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
94.6% of its profit
Room to growStretchedMore than it earns: 127.5%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
60Pass
Benjamin Graham
47No pass
Philip Fisher
80Pass
Peter Lynch
99Pass
Joel Greenblatt
40No pass
Charlie Munger
68Pass
Terry Smith
64Pass
Questions about Norbit
Is Norbit a good stock to buy?
A solid business at a fair price. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Norbit AI analysis
What does Norbit do?
Norbit ASA provides technology solutions to customers in a range of industries. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. It is in Scientific & Technical Instruments, based in Trondheim, Norway, with 588 employees.
Does Norbit pay a dividend?
Yes. At today's price the dividend is 3.2% a year, about 95% of its yearly profit. In 2025 it paid out NOK 382 million in dividends.
Is Norbit stock halal?
Yes. Norbit passes our halal screen: its business is permitted and its debt is 6% of its market value, under the 30% limit. How we check
How has Norbit stock done over the past year?
Up 8.9% over the past twelve months, to NOK 186.80. It traded between NOK 156.60 and NOK 237.60 and is 21.4% below its high.
Who are Norbit's competitors?
The largest listed companies in the same industry are Keyence, Garmin, Keysight Technologies and Coherent. The peers table on this page compares their profit, growth and price with Norbit's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.