Nordic financial intelligence for AI agents. Semantically search filings, macro data, energy prices and commodities — the context layer analysts actually need.
Built for analysts and AI agents that need the full picture, not just isolated data points.
◎
Semantic search, not keyword matching
Ask in plain language. The server understands intent and returns the most relevant context — across filings, press releases and macro summaries — ranked by relevance.
⬡
Macro context built in
Company filings sit alongside energy prices, commodity data, interest rates and trade indices. One query can surface both a company's earnings and the market conditions behind them. Real-time day-ahead power prices for all 11 Nordic bidding zones are available directly via get_current_power_price.
✦
Due diligence-ready
Cross-reference annual reports, quarterly results and press releases with macro trends. Live company registry data for NO, DK and FI is available via get_company_info — giving AI agents the depth needed to produce accurate, well-grounded analysis.
See it in action
A prompt using the company_analysis template — run directly in Claude.
Prompt
Use search_filings to find annual reports, quarterly reports and press releases for NORBT from 2025–2026. Summarise revenue, operating profit, key risks and outlook. Also check get_company_info for registered details.
Output
NORBIT ASA — Company Analysis (NORBT)
Listed
Oslo Børs, ticker NORBT
CEO
Per Jørgen Weisethaunet
FY 2025 revenue
NOK 2,500m (+43% YoY)
FY 2025 EBIT
NOK 555m (22% margin, ROCE 34%)
Outlook
Revenue >NOK 3.0bn guided for 2026; new 2030 roadmap in August
Registered Company Details · Source: Brønnøysund Register Centre
Legal name
NORBIT ASA
Org. no.
992 718 196
Entity type
Allmennaksjeselskap / Public Limited Company (ASA)
Address
Stiklestadveien 1, 7041 Trondheim, Norway
Founded
28 February 2008
Listed
Oslo Børs, ticker NORBT
LEI
254900C08RCMXVZYFY97
NACE
26.120 — Manufacture of printed circuit boards / 26.51 — Instruments for measuring and navigation
CEO
Per Jørgen Weisethaunet
Chairman
Finn Haugan
Largest shareholder
Petors AS
Group structure
Parent company of a group with 8 subsidiaries
Financial Performance — Quarter by Quarter (2024–2025)
Period
Revenue
EBIT
EBIT margin
Diluted EPS
Q1 2024
NOK 404m
NOK 41m
10%
—
Q4 2024
NOK 556m
NOK 145m
26%
—
FY 2024
NOK 1,751m
NOK 342m
20%
—
Q1 2025
NOK 522m
NOK 127m
24%
NOK 1.40
Q2 2025
NOK 684m
NOK 174m
25%
NOK 2.06
Q4 2025
NOK 791m
NOK 178m
23%
—
FY 2025
NOK 2,500m
NOK 555m
22%
—
Revenue growth +43% YoY · ROCE 34% · Proposed dividend NOK 5.00/share (ordinary) for FY2025 · Total incl. extraordinary for FY2024: NOK 6.00/share
Segment Breakdown — Q4 2025
Segment
Revenue Q4 2025
YoY Growth
EBIT Margin
Oceans
NOK 213m
–21%
26%
Connectivity
NOK 190m
+25%
28%
PIR
NOK 408m
+173%
22%
Oceans (maritime sonar, security, surveillance) — Q4 decline reflects a tough comparison against an exceptionally strong Q4 2024. Low order visibility (2–4 weeks) but periodically delivers margins of 35–37%.
Connectivity (e-tolling, DSRC, IoT asset tracking) — Steady growth with high and consistent EBIT margins of 28–32%. Core customers in European heavy transport.
PIR (contract manufacturing + proprietary radar/RF products) — The standout story of 2025. Driven by strong demand from the defence and security sector. Margins expanded from ~3% in Q1 2024 to 22% in Q4 2025 — dramatic operational leverage.
Key Risks
▲Component supply — dependency on global semiconductor supply chains; strategic inventory buffers bind capital
▲Currency risk — 80%+ of revenue from exports; net seller of EUR, net buyer of USD; no formal hedging instruments reported
▲Oceans cyclicality — 2–4 week order horizon gives limited forward visibility; high quarter-to-quarter volatility
▲PIR concentration — explosive defence/security growth raises questions about customer concentration and contract recurrence
▲Tariffs and trade policy — exposure to international trade restrictions in both component procurement and product exports
▲Key person risk — CEO Per Jørgen Weisethaunet is central to culture and strategy; a leadership-driven investment thesis
Outlook and Strategic Targets
Horizon
Target
2025 (delivered)
NOK 2.5bn revenue, 22% EBIT margin ✅
2026 (guided)
>NOK 3.0bn revenue + EBIT margin improvement from 22%
2027 (original target)
>NOK 2.75bn — already surpassed in 2025
2030 (new roadmap)
To be presented at Q2 reporting, August 2026 🔑
August 2026 — New long-term 2030 roadmap; potential re-rating trigger
Defence tailwind — European rearmament is a structural driver for the PIR segment
Innomar integration — Largest acquisition to date (2024); synergies expected to materialise progressively
New Connectivity customer — NOK 160m order from a European blue-chip; deliveries in 2025 with potential for expanded volumes
Investment Thesis — Summary
NORBIT is a rare example of a Norwegian industrial/technology company that consistently beats its own targets and resets its ambition level upward. The combination of high organic growth (+43% in 2025), expanding margins (22% EBIT), 34% ROCE, and an imminent 2030 strategy update makes this a compelling due diligence candidate — particularly given the relatively low international analyst coverage relative to the quality of the business.
Data sources
Updated continuously from public and official sources across the Nordic region.
Oslo Børs Newsweb
Exchange announcements NO
GlobeNewswire
Press releases (RSS)
Nasdaq Nordic
Exchange news DK/SE/FI
XBRL / ESEF
Annual reports (structured)
ENTSO-E
Power prices, generation mix
EIA / SSB
Brent crude, salmon price
Brønnøysund / CVR / PRH
Company registries NO/DK/FI
Add to Claude
One command. Works in Claude Desktop, Claude Code and any MCP-compatible client.
Claude Desktop & Claude Code
claude mcp add --transport http nordic-financial https://mcp.aidatanorge.no/mcp