Volue AS (VOLUE.OL) Stock Price

Volue AS Price

🇳🇴Oslo Børs·CLOSED
0 NOK
Market closed
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Volue AS (VOLUE.OL) Stock | ISIN NO0010894603 | WKN A2QDMH. Revenue is 2.23 B NOK. Net income is 305.26 M NOK. Volue AS operates in the Information technology sector.

Revenue has compounded at 12.3% per year over the past 5 years to 1.46 B NOK. Earnings per share have grown at 115.9% per year over the last 5 years. Volue AS's net margin stands at 2.5%, up from -3.4% several years earlier.

Volue AS stock price

Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Volue AS over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Volue AS stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Volue AS's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Volue AS Stock Price History
DateVolue AS Price
Access this data via the Eulerpool API

Volue AS Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
818.47 M NOK
-12.21 M NOK
752,000 NOK
Jan 1, 2019
797.86 M NOK
40.05 M NOK
-27.06 M NOK
Jan 1, 2020
891.87 M NOK
82.96 M NOK
82.23 M NOK
Jan 1, 2021
1.06 B NOK
64.11 M NOK
27.83 M NOK
Jan 1, 2022
1.22 B NOK
40.15 M NOK
19.34 M NOK
Jan 1, 2023
1.46 B NOK
131.81 M NOK
36.04 M NOK
Invalid Date
1.72 B NOK
155.84 M NOK
146.7 M NOK
Invalid Date
1.97 B NOK
294.27 M NOK
227.47 M NOK
Invalid Date
2.23 B NOK
380.43 M NOK
305.26 M NOK

Volue AS Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 21, 2026, 4:39 PM
 
REVENUE (B NOK)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B NOK)
NET INCOME (M NOK)
NET INCOME GROWTH (%)
SHARES (M)
DOCUMENTS
201920202021202220232024e2025e2026e
0.80.891.061.221.461.721.972.23
-2.5711.7918.971520.117.7614.3912.83
86.782.388583.0286.273.26456.72
0.690.730.91.011.261.261.261.26
-2782271936146227305
-403.7-67.07-29.6389.47305.5655.4834.36
140.63107.6143.58143.55143.72143.72143.72143.72
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Volue AS generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Volue AS retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Volue AS's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Volue AS has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Volue AS's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Volue AS stock margins

The Volue AS margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Volue AS. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Volue AS.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
89.52 %
-1.49 %
0.09 %
Jan 1, 2019
86.63 %
5.02 %
-3.39 %
Jan 1, 2020
82.31 %
9.3 %
9.22 %
Jan 1, 2021
85 %
6.04 %
2.62 %
Jan 1, 2022
83.03 %
3.29 %
1.59 %
Jan 1, 2023
86.24 %
9 %
2.46 %
Invalid Date
86.24 %
9.04 %
8.51 %
Invalid Date
86.24 %
14.92 %
11.53 %
Invalid Date
86.24 %
17.09 %
13.71 %

Volue AS Stock Revenue, EBIT, Earnings per Share

The Volue AS earnings per share therefore indicates how much revenue Volue AS has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2018
5.82 NOK
-0.09 NOK
0.01 NOK
Jan 1, 2019
5.67 NOK
0.28 NOK
-0.19 NOK
Jan 1, 2020
8.29 NOK
0.77 NOK
0.76 NOK
Jan 1, 2021
7.39 NOK
0.45 NOK
0.19 NOK
Jan 1, 2022
8.49 NOK
0.28 NOK
0.13 NOK
Jan 1, 2023
10.19 NOK
0.92 NOK
0.25 NOK
Invalid Date
11.98 NOK
1.08 NOK
1.02 NOK
Invalid Date
13.71 NOK
2.05 NOK
1.58 NOK
Invalid Date
15.47 NOK
2.65 NOK
2.12 NOK

Volue AS business model & stock analysis

Volue ASA engages in the provision of business-critical software and technology services. The company is headquartered in Oslo, Oslo and currently employs 800 full-time employees. The company went IPO on 2020-10-19. The company operates through numerous subsidiaries, including Volue Technology Danmark A/S, Volue Industrial IoT AS, Volue Germany GmbH and Volue Sp Zoo. Volue’s activities are divided into three industry segments: Energy, Power Grid and Infrastructure. The Energy segment delivers solutions that help customers master the energy transition by enabling wall-to-wall digitalization of the green energy value chain. The Power Grid segment enables power distributors to support electrification of society by unlocking flexibility and digital management of the power grid, while the Infrastructure segment offers customers flexible capabilities for digital water management and helps automate processes and machines for the construction industry. The firm operates worldwide.

Volue AS Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Volue AS historical P/E ratio, EBIT multiple, and P/S ratio

Volue AS annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Volue AS shares outstanding

The number of shares was Volue AS in 2025 — This indicates how many shares 143.723 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
140.63 M base_Shares
Jan 1, 2019
140.63 M base_Shares
Jan 1, 2020
107.6 M base_Shares
Jan 1, 2021
143.58 M base_Shares
Jan 1, 2022
143.55 M base_Shares
Jan 1, 2023
143.72 M base_Shares
Invalid Date
143.72 M base_Shares
Invalid Date
143.72 M base_Shares
Invalid Date
143.72 M base_Shares
Price targets and forecasts for Volue AS are not yet available.

Volue AS Earnings Estimates

Volue AS Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
2/8/20240.16NOK394.49 MNOK2023 Q4

EESG©

Eulerpool ESG Scorecard© for the Volue AS stock

51/100
46
Environment
75
Social
32
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain88.9
Total CO₂ emissions96.2
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees23
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Volue AS shareholder structure

% Name
59.99637%
Arendals Fossekompani ASA
Arendals Fossekompani ASA
7.04395%
Premier Asset Management Ltd
Premier Asset Management Ltd
3.4395%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
2.61617%
INVESCO Asset Management Limited
INVESCO Asset Management Limited
2.30311%
Kvantia AS
Kvantia AS
1.10547%
AS Tanja
AS Tanja
1.06393%
eQ Asset Management Oy
eQ Asset Management Oy
1.04261%
Mustad Industrier AS
Mustad Industrier AS
1.04261%
Herald Investment Management Limited
Herald Investment Management Limited
1.03588%
Obligasjon 2 AS
Obligasjon 2 AS
...

Volue AS Executives and Management Board

TS

Mr. Trond Straume

(46)

Chief Executive Officer

Compensation6.43 M NOK
AK

Mr. Arnstein Kjesbu

(44)

Chief Financial Officer

Compensation3.54 M NOK
IG

Ms. Ingeborg Gjaerum

(38)

Chief Operating Officer

Compensation2.37 M NOK
RS

Mr. Richard Schytte

Chief Commercial Officer, Vice President, Nordic Sales

Compensation2.33 M NOK
FS

Mr. Frode Solem

(56)

Executive Vice President - Infrastructure

Compensation2.26 M NOK

Frequently asked questions about Volue AS

All fundamentals and in-depth analysis of Volue AS

Our stock analysis for Volue AS Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Volue AS Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.