Skip to main content
Skip to main content
FRDZF logo

Noumi Limited (FRDZF) Stock Analysis

Educational signal · not a buy or sell recommendation · How to read this

DELISTED

What happened to Noumi Limited (FRDZF) stock?

Noumi Limited (FRDZF) no longer trades on public markets. The figures below are historical and are not a current quote.

MCap: $26.6M| Vol: 1.3K| 52-wk range: $0.09 – $3.20

Market cap $26.6M is the value of all shares combined.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Noumi Limited (FRDZF). Fjordkraft Holding ASA is a Norwegian electricity retailer offering a range of power and energy-related services to residential and business customers. Market cap: $26.6M, Sector: Utilities.

Last analyzed: Mar 18, 2026
Fjordkraft Holding ASA is a Norwegian electricity retailer offering a range of power and energy-related services to residential and business customers. The company focuses on sustainable energy solutions and technological innovation within the Nordic energy market.

Analyst Coverage for FRDZF: FRDZF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FRDZF against Utilities peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.

Watch the FRDZF film Every key number, told as a short cinematic story — just press play. ~2 min
Council Score · Weighted Average of 3 Disciplines
Split View 53/100 · B

FRDZF: the 2 scored disciplines are evenly split. Dominant signal: Ray Dalio bullish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated)Ray Dalio
Favorable read
Simons-style lens (simulated)Jim Simons
Neutral read
Englander-style lens (simulated)Izzy Englander
Neutral read
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Weak
Margin of Safety
Fairly Valued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →
The lenses are modelled on the published principles of the investors named. We are not affiliated with them, they have not endorsed this, and it is not their opinion of this stock.

Noumi Limited (FRDZF) Utility Operations & Dividend Profile

Employees492
IndustryUtilities
SectorUtilities

Fjordkraft Holding ASA is a leading electricity retailer in Norway, providing power and energy services to residential and business customers. The company differentiates itself through its focus on sustainable energy solutions, technological innovation, and a strong presence in the competitive Nordic energy market.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 18, 2026

What Is the Investment Thesis for FRDZF?

AI-written as of Mar 18, 2026 — figures and tone reflect the data available then, not today's score.

Key value drivers include its large customer base, recurring revenue from electricity sales, and expansion into value-added services like smart home technologies and EV charging solutions. Growth catalysts include increasing demand for renewable energy, government incentives for energy efficiency, and the electrification of transportation. Potential risks include fluctuating electricity prices, regulatory changes in the energy market, and competition from other energy providers. Investors should monitor Fjordkraft's ability to maintain its market share, manage its cost structure, and capitalize on emerging opportunities in the green energy sector.

Based on FMP financials and quantitative analysis

FRDZF Key Highlights

AI-written as of Mar 18, 2026 — figures and tone reflect the data available then, not today's score.

Fjordkraft is a leading electricity retailer in Norway, serving both residential and business customers.

  • The company focuses on providing sustainable energy solutions and promoting energy efficiency.
  • Fjordkraft offers a range of services, including standard electricity contracts, renewable energy options, and smart home technologies.
  • The company has a strong presence in the competitive Nordic energy market.
  • Fjordkraft is committed to technological innovation and invests in solutions for electric vehicle charging and energy management.

Who Are FRDZF's Competitors?

FRDZF is benchmarked below against 3 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
EQNR Equinor ASA $45.11 -0.27% $108B 965-pillar
LYG Lloyds Banking Group plc $5.99 +1.70% $86.9B 555-pillar
SBS Companhia de Saneamento Básico do Estado de São Paulo - SABESP $5.29 -0.47% $18.1B 995-pillar

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are FRDZF's Key Strengths?

Strong brand recognition in Norway.

  • Large and loyal customer base.
  • Commitment to sustainable energy solutions.
  • Diversified service offerings.

What Are FRDZF's Weaknesses?

Limited geographic presence outside of Norway.

  • Exposure to fluctuating electricity prices.
  • Dependence on regulatory environment.
  • Competition from larger energy companies.

What Could Drive FRDZF Stock Higher?

Government incentives for renewable energy and energy efficiency.

  • Increasing demand for electric vehicles driving demand for charging solutions.
  • Expansion of smart home technologies and energy management systems.

What Are the Key Risks for FRDZF?

Fluctuations in electricity prices impacting profitability.

  • Changes in government regulations affecting the energy market.
  • Competition from other energy providers.
  • Economic downturn reducing energy consumption.

What Are the Growth Opportunities for FRDZF?

  • Expansion into electric vehicle (EV) charging infrastructure: With the increasing adoption of electric vehicles, Fjordkraft can capitalize on the growing demand for EV charging solutions. By investing in and deploying charging infrastructure across Norway, Fjordkraft can attract new customers and generate additional revenue streams. The Norwegian EV market is projected to continue its rapid growth, presenting a significant opportunity for Fjordkraft to establish itself as a leading provider of EV charging services.
  • Development of smart home energy management solutions: Fjordkraft can leverage its expertise in energy management to develop and offer smart home solutions that help customers optimize their energy consumption and reduce their electricity bills. By integrating smart thermostats, lighting controls, and other energy-efficient devices, Fjordkraft can provide customers with greater control over their energy usage and create a more sustainable lifestyle. The smart home market is expected to continue its expansion, offering Fjordkraft a significant growth opportunity.
  • Penetration of the business-to-business (B2B) energy market: Fjordkraft can expand its presence in the B2B energy market by offering customized energy solutions to businesses of all sizes. By providing energy audits, energy-efficient equipment upgrades, and renewable energy options, Fjordkraft can help businesses reduce their energy costs and improve their environmental performance. The B2B energy market is a large and growing market, presenting a significant opportunity for Fjordkraft to increase its revenue and market share.
  • Strategic partnerships and acquisitions: Fjordkraft can pursue strategic partnerships and acquisitions to expand its service offerings and geographic reach. By partnering with other companies in the energy sector, Fjordkraft can gain access to new technologies, markets, and customers. Acquisitions can also help Fjordkraft to consolidate its position in the Norwegian electricity market and expand into neighboring Nordic countries. Strategic partnerships and acquisitions can accelerate Fjordkraft's growth and enhance its competitive advantage.
  • Investment in renewable energy generation: Fjordkraft can invest in renewable energy generation projects, such as wind farms and solar power plants, to reduce its reliance on fossil fuels and provide customers with access to clean energy. By generating its own renewable energy, Fjordkraft can reduce its exposure to volatile electricity prices and improve its environmental footprint. The renewable energy market is growing rapidly, driven by government policies and increasing consumer demand for clean energy.

What Are FRDZF's Competitive Advantages?

  • Established brand reputation in the Norwegian electricity market.
  • Large customer base providing recurring revenue.
  • Focus on sustainable energy solutions appealing to environmentally conscious customers.
  • Strategic partnerships enhancing service offerings.

What Does FRDZF Do?

Fjordkraft Holding ASA, established in Norway, has evolved into a significant player in the Nordic electricity retail market. The company's core business involves the sale of electricity to residential, commercial, and industrial customers. Fjordkraft distinguishes itself by offering a diverse portfolio of energy solutions, including standard electricity contracts, renewable energy options, and smart home technologies designed to optimize energy consumption. The company's geographic reach is primarily within Norway, where it holds a substantial market share, but it also explores opportunities in neighboring Nordic countries. Fjordkraft emphasizes sustainable practices and invests in technologies that promote energy efficiency and reduce environmental impact. Through strategic partnerships and acquisitions, Fjordkraft has expanded its service offerings to include energy management tools and solutions for electric vehicle charging, further solidifying its position as a comprehensive energy provider.

What Products and Services Does FRDZF Offer?

  • Sells electricity to residential customers in Norway.
  • Provides electricity to businesses and industrial clients.
  • Offers renewable energy options and sustainable energy solutions.
  • Develops and markets smart home technologies for energy management.
  • Invests in solutions for electric vehicle charging.
  • Provides energy management tools and services to optimize energy consumption.

How Does FRDZF Make Money?

  • Generates revenue primarily through the sale of electricity.
  • Offers various electricity contracts with different pricing structures.
  • Provides value-added services such as energy management tools and smart home solutions.
  • Partners with other companies to expand service offerings.

What Industry Does FRDZF Operate In?

Fjordkraft operates within the Nordic electricity market, which is characterized by a high penetration of renewable energy sources, particularly hydropower. The market is competitive, with several large players and a growing number of smaller, specialized providers. Key trends include increasing demand for green energy, the electrification of transportation, and the adoption of smart grid technologies. Fjordkraft is well-positioned to capitalize on these trends due to its focus on sustainability and innovation. The company faces competition from established energy companies and new entrants offering disruptive technologies and business models.

Who Are FRDZF's Key Customers?

  • Residential customers in Norway.
  • Small and medium-sized businesses.
  • Large industrial clients.
  • Municipalities and public sector entities.
Model self-rating on this text: 61% (not a measure of the evidence) Updated: Mar 18, 2026

Research confidence

Low 12/100

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • Scoring coverage unknown
  • Price 5 days old
  • No filing on record
  • No analyst coverage

MoonshotScore History

Recorded daily since 2026-08-23 · 4 snapshots

2026-08-23 46
2026-08-24 46
2026-08-25 46
2026-08-26 46

What changed?

The score has stayed at 46.

Over the same 3 days the stock moved +0.0%.

Company Profile

Noumi Limited operates in the Packaged Foods industry within the Consumer Defensive sector. It is headquartered in Ingleburn, AU. The company is led by CEO Michael R. Perich. FRDZF has traded publicly since 2018.

FRDZF Valuation & Market Position

With a $26.6M market cap, Noumi Limited sits in the micro-cap segment of the market.

ROE 20%

Key Financial Metrics

Return on equity for Noumi Limited stands at 19.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -35.9%, showing how much profit it generates from its asset base. Its free cash flow yield is 68.6%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.24 means current liabilities exceed short-term assets, a liquidity point worth watching.

FRDZF Financials

Fundamental Snapshot

Return on Equity (TTM)
+19.8%
Current Ratio
0.2
EV/EBITDA (TTM)
15.3

Based on FMP financials and quantitative analysis

Bull Case vs Bear Case

Bull Case

  • Strong brand recognition in Norway.
  • Large and loyal customer base.
  • Commitment to sustainable energy solutions.
  • Diversified service offerings.

Bear Case

  • Limited geographic presence outside of Norway.
  • Exposure to fluctuating electricity prices.
  • Dependence on regulatory environment.
  • Competition from larger energy companies.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

FRDZF Latest News

No recent news available for FRDZF.

FRDZF OTC Market Information

FRDZF trades on the OTC Other market tier of OTC Markets.

  • OTC Tier: OTC Other

Common Questions About FRDZF (Utilities)

What happened to Noumi Limited (FRDZF) stock?

Noumi Limited (FRDZF) no longer trades on public markets. The figures below are historical and are not a current quote.

Can I still buy FRDZF shares?

No. FRDZF stopped trading on public markets, so the shares are not available through a broker. Anything you see quoted for FRDZF elsewhere is historical data, not a live market.

Are the figures on this page current?

No. Every number here is the last value recorded before FRDZF stopped trading. Nothing on this page updates, and none of it is a current quote.

Why does this page still exist?

Because people still search for what happened to Noumi Limited. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.

What does FRDZF do?

Fjordkraft Holding ASA is an electricity retailer in Norway, providing power and energy-related services to residential and business customers. The company offers a range of electricity contracts, including renewable energy options, and develops smart home technologies for energy management.

What do analysts say about FRDZF stock?

Analyst coverage of Fjordkraft stock typically focuses on its market position in the Norwegian electricity retail sector, its growth prospects in the renewable energy market, and its ability to maintain profitability in a competitive environment.

What are the main risks for FRDZF?

The main risks for Fjordkraft include fluctuations in electricity prices, which can impact its profitability. Changes in government regulations, such as taxes on electricity sales or subsidies for renewable energy, can also affect the company's financial performance.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Information is based on publicly available sources and may not be exhaustive.
  • Financial data may be subject to change.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis

More Stocks We Cover