About NORBIT
NORBIT is a company based in Trondheim (Norway) founded in 1995.. The company has 547 employees as of December 31, 2024. NORBIT has completed 8 acquisitions, including Aptomar, CPS Consulting and Innomar. NORBIT offers products and services including WINGHEAD i80S and GuardPoint Sonars.
- Headquarter Trondheim, Norway
- Employees 547 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name Norbit Asa
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Annual Revenue
$154.14 M (USD)15.31as on Dec 31, 2024
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Net Profit
$21.43 M (USD)31.3as on Dec 31, 2024
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EBITDA
$36.77 M (USD)22.15as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
547
as on Dec 31, 2024
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Investments & Acquisitions
Aptomar
& 7 more
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IPO & Listings of NORBIT
NORBIT is a publicly listed company on the OSL with ticker symbol NORBT in Norway, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of NORBIT
NORBIT offers a comprehensive portfolio of products and services, including WINGHEAD i80S and GuardPoint Sonars. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Long-range sonar for subsea exploration and rental fleet applications.
Intruder detection systems for maritime security and protection.
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Funding Insights of NORBIT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by NORBIT
NORBIT has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Aptomar, CPS Consulting and Innomar. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of IoT solutions
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2019 | ||||
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Marine training, product testing, consulting, and transportation services are offered.
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2011 | ||||
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3D side scan sonar systems are designed for bathymetry applications.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - NORBIT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Norbit Comparisons
Competitors of NORBIT
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Norbit
Frequently Asked Questions about NORBIT
When was NORBIT founded?
NORBIT was founded in 1995.
Where is NORBIT located?
NORBIT is headquartered in Trondheim, Norway. It is registered at Trondheim, Trøndelag, Norway.
Who is the current CEO of NORBIT?
Per Jorgen Weisethaunet is the current CEO of NORBIT.
How many employees does NORBIT have?
As of Dec 31, 2024, the latest employee count at NORBIT is 547.
What is the annual revenue of NORBIT?
Annual revenue of NORBIT is $154.14M as on Dec 31, 2024.
What does NORBIT do?
NORBIT was established in 1995 in Trondheim, Norway, as a provider in the maritime and wireless sectors. Operations focus on delivering solutions for global maritime markets, including navigation and sensing technologies, alongside low power wireless services for industrial applications. The company maintains its headquarters in Norway while serving international clients across various industries. Leadership is held by CEO and co-owner Per Jorgen Weisethaunet, overseeing strategic developments in these fields.
What products or services does NORBIT offer?
NORBIT offers WINGHEAD i80S and GuardPoint Sonars.
Is NORBIT publicly traded?
Yes, NORBIT is publicly traded on OSL under the ticker symbol NORBT.
How many acquisitions has NORBIT made?
NORBIT has made 8 acquisitions, including Aptomar, CPS Consulting, and Innomar.
What is NORBIT's ticker symbol?
The ticker symbol of NORBIT is NORBT on OSL.