🚀 VC round data is live in beta, check it out!
- Public Comps
- BlueNord
BlueNord Valuation Multiples
Discover revenue and EBITDA valuation multiples for BlueNord and similar public comparables like Bristow Group, Afriquia Gaz, Fugro, Transportadora de Gas del Norte and more.
BlueNord Overview
About BlueNord
BlueNord ASA is a strategically important European oil and gas company, specializing in producing and developing resources that support the energy transition towards net zero. The company operates in the Danish North Sea. It has a focus on developing and implementing solutions that will improve the long-term position of oil and gas as a key part of the energy mix while reducing greenhouse gas emissions on the Danish Continental Shelf.
Founded
2005
HQ

Employees
44
Website
Sectors
Financials (LTM)
EV
$2B
BlueNord Financials
BlueNord reported last 12-month revenue of $1B and EBITDA of $628M.
In the same LTM period, BlueNord generated $682M in gross profit, $628M in EBITDA, and $120M in net income.
Revenue (LTM)
BlueNord P&L
In the most recent fiscal year, BlueNord reported revenue of $1B and EBITDA of $532M.
BlueNord expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | $682M | XXX | $319M | XXX | XXX | XXX |
| Gross Margin | 65% | XXX | 31% | XXX | XXX | XXX |
| EBITDA | $628M | XXX | $532M | XXX | XXX | XXX |
| EBITDA Margin | 60% | XXX | 52% | XXX | XXX | XXX |
| EBIT Margin | 35% | XXX | 27% | XXX | XXX | XXX |
| Net Profit | $120M | XXX | $98M | XXX | XXX | XXX |
| Net Margin | 11% | XXX | 9% | XXX | XXX | XXX |
| Net Debt | — | — | $926M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
BlueNord Stock Performance
BlueNord has current market cap of $1B, and enterprise value of $2B.
Market Cap Evolution
BlueNord's stock price is $55.27.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $1B | -4.3% | XXX | XXX | XXX | $3.81 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialBlueNord Valuation Multiples
BlueNord trades at 2.2x EV/Revenue multiple, and 3.7x EV/EBITDA.
EV / Revenue (LTM)
BlueNord Financial Valuation Multiples
As of April 18, 2026, BlueNord has market cap of $1B and EV of $2B.
Equity research analysts estimate BlueNord's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
BlueNord has a P/E ratio of 11.8x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 2.2x | XXX | 2.3x | XXX | XXX | XXX |
| EV/EBITDA | 3.7x | XXX | 4.4x | XXX | XXX | XXX |
| EV/EBIT | 6.4x | XXX | 8.4x | XXX | XXX | XXX |
| EV/Gross Profit | 3.4x | XXX | 7.3x | XXX | XXX | XXX |
| P/E | 11.8x | XXX | 14.5x | XXX | XXX | XXX |
| EV/FCF | 5.0x | XXX | 5.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified BlueNord Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


BlueNord Margins & Growth Rates
BlueNord's revenue in the last 12 month grew by 13%.
BlueNord's revenue per employee in the last FY averaged $23.4M, while opex per employee averaged $2.3M for the same period.
BlueNord's rule of 40 is 88% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
BlueNord's rule of X is 113% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
BlueNord Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 13% | XXX | 17% | XXX | XXX | XXX |
| EBITDA Margin | 60% | XXX | 52% | XXX | XXX | XXX |
| EBITDA Growth | 32% | XXX | 62% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 88% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 113% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $23.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $2.3M | XXX | XXX | XXX |
| G&A Expenses to Revenue | 2% | XXX | 2% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 10% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
BlueNord Public Comps
See public comps and valuation multiples for other Oil & Gas comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| BlueNord | XXX | XXX | XXX | XXX | XXX | XXX |
| Bristow Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Afriquia Gaz | XXX | XXX | XXX | XXX | XXX | XXX |
| Fugro | XXX | XXX | XXX | XXX | XXX | XXX |
| Transportadora de Gas del Norte | XXX | XXX | XXX | XXX | XXX | XXX |
| RPC Inc. | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
BlueNord M&A Activity
BlueNord acquired XXX companies to date.
Last acquisition by BlueNord was on XXXXXXXX, XXXXX. BlueNord acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by BlueNord
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialBlueNord Investment Activity
BlueNord invested in XXX companies to date.
BlueNord made its latest investment on XXXXXXXX, XXXXX. BlueNord invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by BlueNord
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout BlueNord
| When was BlueNord founded? | BlueNord was founded in 2005. |
| Where is BlueNord headquartered? | BlueNord is headquartered in Norway. |
| How many employees does BlueNord have? | As of today, BlueNord has over 44 employees. |
| Who is the CEO of BlueNord? | BlueNord's CEO is Euan Shirlaw. |
| Is BlueNord publicly listed? | Yes, BlueNord is a public company listed on Oslo Børs. |
| What is the stock symbol of BlueNord? | BlueNord trades under BNOR ticker. |
| When did BlueNord go public? | BlueNord went public in 2007. |
| Who are competitors of BlueNord? | BlueNord main competitors are Bristow Group, Afriquia Gaz, Fugro, Transportadora de Gas del Norte. |
| What is the current market cap of BlueNord? | BlueNord's current market cap is $1B. |
| What is the current revenue of BlueNord? | BlueNord's last 12 months revenue is $1B. |
| What is the current revenue growth of BlueNord? | BlueNord revenue growth (NTM/LTM) is 13%. |
| What is the current EV/Revenue multiple of BlueNord? | Current revenue multiple of BlueNord is 2.2x. |
| Is BlueNord profitable? | Yes, BlueNord is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of BlueNord? | BlueNord's last 12 months EBITDA is $628M. |
| What is BlueNord's EBITDA margin? | BlueNord's last 12 months EBITDA margin is 60%. |
| What is the current EV/EBITDA multiple of BlueNord? | Current EBITDA multiple of BlueNord is 3.7x. |
| What is the current FCF of BlueNord? | BlueNord's last 12 months FCF is $470M. |
| What is BlueNord's FCF margin? | BlueNord's last 12 months FCF margin is 45%. |
| What is the current EV/FCF multiple of BlueNord? | Current FCF multiple of BlueNord is 5.0x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.