profit from every NOK 100 of sales.

Scatec
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.
You pay NOK 14.32 for every NOK 1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Scatec sold, what it kept, and what it did with the cash.
Sales went from NOK 3.00 billion in 2022 to NOK 3.63 billion in 2025, with NOK 978 million of profit last year.
Scatec vs. similar companies
Scatec grows in the middle 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 |
|---|---|---|---|
Scatec | 14.3× · Cheap | ||
China Yangtze Power | 21.2× · Fair price | ||
Huaneng Lancang River Hydropower | 24.0× · Fair price | ||
Verbund | 17.2× · Fair price | ||
Huadian New Energy Group | 22.9× · Fair price |
AI analysis
An AI analyst reads Scatec'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 |
|---|---|---|---|---|
| 3,002 | 3,399 | 4,368 | 3,628 | |
| 2,979 | 3,374 | 4,333 | – | |
| -26 | 1,368 | 1,921 | 1,168 | |
| 2,161 | 3,677 | 5,322 | 4,356 | |
| -1,334 | 628 | 1,309 | 978 | |
| -8.40 | 3.95 | 8.24 | 6.12 | |
| 99.2% | 99.3% | 99.2% | – | |
| -0.9% | 40.2% | 44.0% | 32.2% | |
| -44.4% | 18.5% | 30.0% | 27.0% |
Balance sheet
| In millions of NOK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 36,730 | 41,795 | 45,742 | 50,170 |
| Cash | 3,909 | 3,101 | 3,890 | 5,595 |
| Total debt | 24,730 | 27,051 | 29,023 | 32,455 |
| Total liabilities | 27,927 | 31,225 | 32,978 | 38,136 |
| 8,263 | 8,687 | 10,627 | 10,024 | |
| 159 | 159 | 159 | 160 | |
| 0.8% | 6.0% | 7.9% | 5.9% | |
| -16.1% | 7.2% | 12.3% | 9.8% |
Cash flow
| In millions of NOK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,637 | 2,200 | 3,128 | 2,460 | |
| 2,867 | 7,344 | 3,268 | 6,029 | |
| -1,230 | -5,144 | -140 | -3,569 | |
| Dividends paid | 929 | 429 | 395 | 166 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 14.3×
- –
- –
- 1.6×
- 3.9×
- –
- 9.4×
- -25.5%
- 7.0%
- 1.2%
Profitability
- –
- 32.2%
- 27.0%
- –
- 5.9%
- 5.1%
- –
- –
- –
- –
Growth
- +6.5%
- –
- –
- –
- +0.2%
Financial health
- 6.2×
- 3.24
- –
- 1.5×
- 1.06
- –
- –
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
17.0% of its profit
Room to growStretchedMore than it earnsNews
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
0/7Passes 0 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.
Questions about Scatec
Is Scatec a good stock to buy?
A business with weak numbers, and the price looks low. 0 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 Scatec AI analysis
What does Scatec do?
Scatec ASA, together with its subsidiaries, provides renewable energy solutions. The company operates through Power Production and Development & Construction segments. It produces and sells solar, wind, and hydro generated electricity. It is in Utilities - Renewable, based in Oslo, Norway, with 736 employees.
Does Scatec pay a dividend?
Yes. At today's price the dividend is 1.2% a year, about 17% of its yearly profit. In 2025 it paid out NOK 166 million in dividends.
Is Scatec stock halal?
No. Scatec does not pass our halal screen: its debt is 232% of its market value, at or above the 33% limit. How we check
How has Scatec stock done over the past year?
Down 14.8% over the past twelve months, to NOK 87.60. It traded between NOK 76.85 and NOK 135.70 and is 35.4% below its high.
Who are Scatec's competitors?
The largest listed companies in the same industry are China Yangtze Power, Huaneng Lancang River Hydropower, Verbund and Huadian New Energy Group. The peers table on this page compares their profit, growth and price with Scatec's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



