Earnings release
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Stock Exchange Announcement May 31 , 2021 Nekkar ASA : first quarter 2021 interim financial results - 31 May 2021 – Nekkar ASA ( Nekkar ) reported revenues of NOK 93 million in this year's first quarter , an increase of 40 percent from the same quarter last year ( Q1 2020 : NOK 66 million ) . Operational EBITDA was NOK 17 million ( 5 ) , equivalent to an operational EBITDA - margin of 18 percent . The order backlog was in excess of NOK 1 billion at the end of the quarter . " It was another solid quarter both operationally and financially . Our Shipyard Solutions business area continues to deliver healthy results , while our disruptive technology development projects - the Starfish closed fish cage and the SkyWalker wind turbine installation system - progressed according to plan , " says Preben Liltved , CEO of Nekkar . The foundation of Nekkar's business is superior engineering , electrification , automation , and digitalisation competence and heritage from " Drilling bay " in Kristiansand which is found in the company's digital solutions business area . Nekkar aims to apply this competence as levers to develop disruptive technologies that can make high - growth industry sectors - such as aquaculture and renewable energy - even more sustainable , productive , and profitable . Nekkar initiated ocean testing of its innovative " Starfish " closed fish cage in the first quarter . Starfish is a fully automated , closed fish cage solution that is digitally and remotely managed . At the heart of the system is a software platform for remote surveillance , data acquisition , bioanalytics , and production control . In the first quarter , Nekkar received a NOK 21 million grant from Innovation Norway to progress with the development of a disruptive installation technology that could significantly reduce the cost and environmental footprint associated with wind turbine installations . The solution - called SkyWalker - uses