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Norbit ASA(NORBT)

Description: NORBIT ASA provides technology products and solutions. It operates through three segments: Oceans, Connectivity, and Product Innovation and Realization. The company designs and develops wideband multibeam sonars used for hydrographic and forward-looking applications, as well as for detection of advanced subsea leakage; and provides cable assemblies, electromechanical box builds, and business solutions. It also offers sensors and sensor platforms used for monitoring, detection, and reporting tasks; GuardPoint, a surveillance sonar used to detect underwater intruders; SafePoint that use to detect navigational obstacles; NORTrace, a software that simulates and graphs the underwater propagation of various sonar; SeaCOP software system for monitoring, detection, and emergency response for maritime and offshore operations; and security solutions for defense. In addition, the company provides high power underwater lights, power cabinets, and other sensor solutions for aquaculture industry. Further, it offers dedicated short-range communication (DSRC) technology for intelligent traffic systems and truck applications; global navigation satellite systems-based tolling and DSRC devices, and connectivity modules for smart tachographs; desktop readers; roadside units; and reclosable fasteners. The company was founded in 1980 and is headquartered in Trondheim, Norway.


Keywords: Security Solution Technology Products Software System Intelligent Transportation System Anti Submarine Warfare Sonar Sensor Solutions Submarine Warfare

Home Page: www.norbit.com

Stiklestadveien 1
Trondheim, 7041
Norway
Phone: 47 73 98 25 50


Officers

Name Title
Mr. Per Jorgen Weisethaunet Group Chief Exec. Officer
Mr. Per Kristian Reppe Group Chief Financial Officer
Mr. Stein Martin Beyer Group COO & Bus. Unit Director PIR
Mr. Arild Soraunet Group Chief Technical Officer
Mr. Peter Koldgaard Eriksen Bus. Unit Director of Oceans
Mr. Steffen Kirknes Founder & Talent Mang.

Exchange: OL

Country: NO

Currency: Norwegian Krone (kr)

Forward PE: 11.3895
Trailing PE: 22.8571
Price-to-Book MRQ: 3.0419
Price-to-Sales TTM: 1.6138
IPO Date:
Fiscal Year End: December
Full Time Employees: 430
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