Nel ASA (NEL)

Nel ASA is a Norwegian company that designs and supplies equipment for producing and dispensing green hydrogen. Its portfolio covers alkaline and PEM electrolysers for industrial and energy customers, as well as hydrogen fueling stations for transport. The firm serves project developers, industry, and mobility operators building hydrogen capacity rather than selling the gas itself as a commodity.

Market
Oslo
Sector
Industrials
Trend
Strong downtrend
Last close
2.04 (-1.21% on the day)
MA50
2.18
MA200
2.37
52-week range
1.98–3.85
Market cap
3.9B NOK
Dividend yield
0%
Data as of
2026-09-03
Quarterly revenue and earnings, millions
QuarterRevenueYoY %EarningsYoY %
Q1 2025155.3-179.4
Q2 2025173.9-130.7
Q4 2025330.5-870.4
Q1 2026148.1-4.7%-143.7
Q2 2026153.4-11.8%-188.6

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Other companies on Oslo: General Oceans ASA (GENO), Bohus ASA (BOHUS), Akastor ASA (AKAST), Circio Holding ASA (CRNA), Cambi ASA (CAMBI), Andfjord Salmon Group AS (ANDF)