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Norbit ASA
Stiklestadveien 1
Phone: +47 73982550p:+47 73982550 Trondheim, 7041  Norway Ticker: NORBTNORBT
Business Summary
Norbit ASA is a Norway-based supplier of tailored technology solutions. The company is structured in three business segments to address its key markets. Oceans segment delivers technology solutions to global maritime markets. It is primarily engaged in sonar solutions based on integrated and compact sonars with light detection and ranging (LIDAR) and a global positioning system (GPS) for surface and subsea imaging and mapping. The Connectivity segment enables clients to digitise their operations further through data collection and tailored sensor analysis with connectivity devices, cloud computing and data fusion being directly integrated into the client’s business software or as stand-alone services. Connectivity consists of the Intelligent Traffic Systems (ITS) and Smart Data sub-segments. The Product Innovation & Realization (PIR) segment offers Research and Development (R&D) products and services, alongside contract manufacturing services to customers.
(Source: F-4)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023Yes----

Industries
SIC Code Description
3812 Search, detection, navigation, guidance, aeronautical, and nautical
3669 Communications equipment, not elsewhere classified
3829 Measuring and controlling devices, not elsewhere classified
8731 Commercial physical and biological research
8711 Engineering services

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the board FinnHaugan 70 5/4/2021 5/4/2021
Independent Deputy Chairman of the board Bente A.Landsnes 66 5/4/2021 5/4/2021
Chief Executive Officer Per J.Weisethaunet 1/1/2001 1/1/2001
9 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
INNOMAR Technologie GmbH Schutower Ringstrasse 4 Rostock Germany
iData KFT Gergely utca 112/C. Budapest BU Hungary
Seahorse Geomatics Inc. 2923 NE Broadway Street Portland OR United States

Business Names
Business Name
CPS AS
iData KFT
INNOMAR Technologie GmbH
5 additional Business Names available in full report.

General Information
Number of Employees: 498 (As of 12/31/2023)
Outstanding Shares: 63,493,925 (As of 9/30/2024)
Shareholders: 2,300
Stock Exchange: OSL


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Wednesday, November 20, 2024