Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers


February 08, 2016 8:27 AM ET

Commercial Services and Supplies

Company Overview of StormGeo AS

Company Overview

StormGeo AS provides weather forecast and analyses services in the areas of offshore, onshore, media, renewables, shipping, and aviation. The company offers MetOcean forecasting to provide decision support to offshore operations, routing and rig moves, response forecasting, ocean watch, hurricane advisory, dedicated meteorologist, and statistics and report services for the offshore industry; and business continuity, and alert and monitoring services for the onshore industry. It also provides broadcast and online weather services for media; services in the areas of offshore wind, onshore wind, traders, power generation, and energy and utilities for renewables; and helicopter operations/planni...

Nordre Nøstekaien 1

Bergen,  5011

Norway

Founded in 1997

Phone:

47 55 70 61 70

Fax:

47 55 70 61 71

Key Executives for StormGeo AS

Managing Director and Chief Executive Officer of Stormgeo Group
Chief Financial Officer
Chief Executive Officer of Stormgeo Inc
Chief Meteorologist
Compensation as of Fiscal Year 2015.

StormGeo AS Key Developments

StormGeo Holding AS Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

StormGeo Holding AS reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, total revenue was NOK 120,335,000 against NOK 97,850,000 a year ago. Operating profit was NOK 22,700,000 against NOK 12,222,000 a year ago. Profit before tax from operations was NOK 3,613,000 against NOK 2,312,000 a year ago. Profit attributable to equity holders of the parent company was NOK 7,845,000 against NOK 655,000 a year ago. Earnings per basic and diluted share continued operation were NOK 38.49 against NOK 3.29 a year ago. Net cash flow from operating activities was NOK 25,844,000 against NOK 27,989,000 a year ago. Purchase of property, plant and equipment was NOK 1,029,000 against NOK 2,774,000 a year ago. EBITDA of NOK 37.5 million in NOK 25.4 million a year ago. For nine months, total revenue was NOK 338,773,000 against NOK 266,208,000 a year ago. Operating profit was NOK 37,509,000 against NOK 19,924,000 a year ago. Profit before tax from operations was NOK 19,118,000 against loss of NOK 8,858,000 a year ago. Profit attributable to equity holders of the parent company was NOK 16,935,000 against loss of NOK 12,154,000 a year ago. Earnings per basic and diluted share continued operation were NOK 83.10 against loss of NOK 60.95 a year ago. Net cash flow from operating activities was NOK 59,826,000 against NOK 39,347,000 a year ago. Purchase of property, plant and equipment was NOK 3,072,000 against NOK 8,893,000 a year ago. EBITDA of NOK 83.8 million in NOK 56.6 million a year ago. EBITDA excluding one-time expenses was NOK 89.4 million compared to NOK 73.9 million a year ago.

Stormgeo Holding as Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Stormgeo Holding AS reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue of NOK 113,090,000 compared to NOK 97,743,000 for the same period a year ago. Operating profit was NOK 12,362,000 compared to NOK 8,087,000 last year. Profit before tax from operations was NOK 25,058,000 compared to loss before tax from operations of NOK 2,390,000 last year. Profit after tax was NOK 18,549,000 against loss after tax from operations was NOK 4,029,000 a year ago. Profit attributable to equity holders of the parent company was NOK 18,549,000 against loss attributable to equity holders of the parent company was NOK 4,029,000 a year ago. Basic and diluted earnings per share were NOK 91.02 against diluted loss per share of NOK 20.20 a year ago. Net cash flow from operating activities was NOK 16,758,000 compared with NOK 19,770,000 a year ago. Purchase of property plant and equipment was NOK 2,043,000 compared with NOK 2,710,000 a year ago. At end of June 2015, net debt was NOK 313.2 million. For the six months, the company reported revenue of NOK 218,440,000 compared to NOK 168,358,000 for the same period a year ago. Operating profit was NOK 14,810,000 compared to NOK 7,701,000 last year. Profit before tax from operations was NOK 15,506,000 compared to loss before tax from operations was NOK 11,171,000 last year. Profit after tax from operations was NOK 9,091,000 against loss after tax from operations was NOK 12,810,000 a year ago. Profit attributable to equity holders of the parent company was NOK 9,091,000 against loss attributable to equity holders of the parent company was NOK 12,810,000 a year ago. Basic and diluted earnings per share were NOK 44.61 against diluted loss per share of NOK 64.24 a year ago. Net cash flow from operating activities was NOK 34,929,000 compared with NOK 11,357,000 a year ago. Purchase of property plant and equipment was NOK 2,043,000 compared with NOK 6,119,000 a year ago. EBITDA was NOK 46.3 million compared to NOK 31.2 million reported last year.

StormGeo AS Reports Unaudited Consolidated Earnings Results for the First Quarter of 2015

StormGeo AS reported unaudited consolidated earnings results for the first quarter of 2015. For the period, the company reported revenue of NOK 105.348 million against NOK 70.615 million a year ago. Operating profit was NOK 2.447 million against operating loss of NOK 0.386 million a year ago. Loss before tax was NOK 12.457 million against NOK 8.781 million a year ago. Loss after tax for the period was NOK 12.363 million or NOK 60.65 basic and diluted per share against NOK 8.781 million or NOK 48.76 basic and diluted per share a year ago. Net cash flow from operating activities was NOK 22.021 million against net cash outflow from operating activities of NOK 8.413 million a year ago.

Similar Private Companies By Industry

Company Name Region
Lindorff Accounting AS Europe
Skansen Consult AS Europe
Marius Management AS Europe
The Norut Group Ltd. Europe
EMO AS Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact StormGeo AS, please visit www.stormgeo.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.