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Profile - Nera ASA (NasdaqNM:NERAY)
As of 31-Aug-2001
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Location
Kokstadveien 23, PO Box 7090
N-5020 Kokstad
Bergen, Norway
Phone: (475) 522-5100
Fax: (475) 522-5299
Email: webmaster@nera.no
Employees (last reported count): 1,304
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Technology
 ·Industry: Communications Equipment
Company Website
 ·Home Page

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Ownership
·Insider and 5%+ Owners: 28%
·Institutional: 0% (0% of float)
(5 institutions)
·Net Inst. Selling: 10.0K shares (+33.73%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Nera ASA designs, develops, manufactures, markets and sells wireless telecommunications equipment and systems through three segments: Transmission Networks, Satellite Communications and Wireless Broadband Access. The Transmission Networks business provides radio link equipment and systems, antenna systems and turnkey telecommunications transmission networks in the 2GHz to 60 GHz frequency and from the low capacity ranges to the high capacity ranges. The Satellite Communications business provides satellite communication equipment to the professionals and consumers for use on the seas for use as an alternative to terrestrial networks where those networks do not meet the requirements of the consumers and in remote locations where land-based wireless mobile communications are not available. The Broadband Access business segment includes the Company's interactive point-to-point and point-to-multipoint terminals and base stations and its satellite interactive terminals and gateways.
More from Market Guide: Expanded Business Description

Financial Summary
Nera ASA is a Norwegian joint-stock company specializing in the design, development, manufacture and marketing of wireless telecommunications equipment and systems and the provision of related services. For the six months ended 6/30/01, revenues rose 27% to NOK1.48 billion. Net income before U.S. GAAP fell 72% to NOK20M. Results reflect new Transmission Network orders and an increase in research and development expenses.
More from Market Guide: Significant Developments

Officers

Position
Johan Odfjell, 51Chairman
Bjorn Skjeie, 48Pres and CEO
Per Froyen, 51Exec. VP - Fin.
Terje Ask-Henriksen, 43Exec. VP - Satellite Communications
Einar Eriksen, 47Exec. VP - Production
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NasdaqNM:NERAYAs of 31-Aug-2001
Price and Volume
52-Week Low
on 27-June-2001
$2.75 
Recent Price$3.022
52-Week High
on 18-Sep-2000
$7.00 
Beta1.15 
Daily Volume (3-month avg)318 
Daily Volume (10-day avg)0 
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
52-Week Change-53.5%
52-Week Change
relative to S&P500
-37.6%
Share-Related Items
Market Capitalization$374.4M
Shares Outstanding123.9M
Float89.2M
Dividends & Splits
Annual Dividendnone 
Last Split: 5 for 1 on 25-Apr-1997
Per-Share Data
Book Value (mrq)$1.83 
Earnings (ttm)$0.08 
Earnings (mrq)$0.00 
Sales (ttm)$2.67 
Cash (mrq)$0.81 
Valuation Ratios
Price/Book (mrq)1.65 
Price/Earnings (ttm)37.77 
Price/Sales (ttm)1.13 
Income Statements
Sales (ttm)$323.5M
EBITDA (ttm)$8.05M
Income available to common (ttm)$9.55M
Profitability
Profit Margin (ttm)3.0%
Operating Margin (ttm)-0.5%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)2.50%
Return on Equity (ttm)4.28%
Financial Strength
Current Ratio (mrq)1.95 
Debt/Equity (mrq)0.05 
Total Cash (mrq)$100.8M
Short Interest
As of 8-Aug-2001
Shares Short2,000 
Percent of Float0.0%
Shares Short
(Prior Month)
2,000 
Daily Volume0 
ADR Information
Shares/ADR1
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001);   dollar amounts based on an exchange rate of 8.85 Norwegian Krone/Dollar

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