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Presentation of NORBIT’s first quarter results 2023, 16 May 2023

NORBIT has announced its results for the first quarter of 2023 on Tuesday 16 May 2023.

In the first quarter, NORBIT reached all-time high revenues of NOK 376.7 million, corresponding to a growth of 60 per cent from the first quarter of 2022, supported by strong demand in all three business segments.

The EBITDA result was NOK 104.3 million in the first quarter, representing a margin of 28 per cent, up from NOK 43.9 million and 19 per cent in the corresponding quarter of 2022.

Earnings per share for the quarter were NOK 0.88 compared to NOK 0.21 one year earlier.

– The combination of continued strong demand and dedication across all levels of our organisation, has resulted in record high revenues and growth and further margin expansion. We are eager to continue to tailor technology that can enable our customers to «Explore More», says Per Jørgen Weisethaunet, CEO of NORBIT.

Please click here to access a replay of the webcast.

Below you will find the reporting material from the most recent quarter.

16 May 2023

Financial calendar

NORBIT ASA will publish its financial results as follows:

16 May 2023Quarterly report – Q1 2023
15 August 2023Quarterly report – Q2 2023
15 November 2023Quarterly report – Q3 2023
15 February 2024Quarterly report – Q4 2023

The results will be published to the Oslo Stock Exchange Newsweb and to the Company’s homepage at around 07:00 am. The management will host a presentation of the results. Further information about the presentations will be communicated. The dates are subject to changes.


Group Chief Financial Officer (CFO)

Per Kristian Reppe