Norwegian Property ASA acquires, develops, manages, and sells commercial real estate properties in Norway. The company's properties primarily comprise office premises with associated warehousing and car parks, and retail and restaurant spaces. As of December 31, 2020, it owned 29 offices, and commercial and residential properties primarily in Oslo. The company was incorporated in 2005 and is headquartered in Oslo, Norway. Norwegian Property ASA is a subsidiary of Geveran Trading Co Ltd.
Research context
Norwegian Property ASA appears in PyInvesting’s Frankfurt Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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5 years, 7 months ago
Norwegian Property ASA is currently in a long term uptrend where the price is trading 12.0% above its 200 day moving average.
From a valuation standpoint, the stock is 24.2% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 4.9.
Norwegian Property ASA's total revenue sank by 65.6% to $193M since the same quarter in the previous year.
Its net income has increased by 305.2% to $2B since the same quarter in the previous year.
Finally, its free cash flow fell by 130.4% to $-110M since the same quarter in the previous year.
Based on the above factors, Norwegian Property ASA gets an overall score of 3/5.