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2020 Bulkers/Nkr 2020

1D1W1M3M6MYTD1Y5YMAX

About 2020 Bulkers

2020 Bulkers is a shipping company based in Oslo, Norway, focusing on the transportation of dry bulk commodities worldwide. The company operates a fleet of large, modern bulk carriers, specifically Newcastlemax vessels, which are designed to optimize fuel efficiency and cargo capacity. Established in 2017, 2020 Bulkers aims to leverage modern maritime technology to enhance operational efficiency and environmental sustainability. The company's strategic positioning is underscored by its commitment to utilizing scrubbers on its ships to reduce sulfur emissions, aligning with global regulatory trends in maritime environmental standards.
Ticker
Nkr 2020
Sector
Mobility
Primary listing
XOSL
Employees
-
Headquarters
Hamilton, Bermuda
Website
2020bulkers.com

2020 Bulkers Metrics

BasicAdvanced
kr 9.7B
0.09
kr 86.53
0.04
kr 138.27
1,712.32%

What the Analysts think about 2020 Bulkers

Analyst ratings (Buy, Hold, Sell) for 2020 Bulkers stock.
Analyst projections of the future price of 2020 Bulkers stock.

Bulls say / Bears say

The company says the large AHTS fleet is ageing, with only one large vessel delivered since 2018 and no orderbook, while utilisation and rates have risen. A supply-constrained market and returning offshore exploration could support earnings. (2020 Bulkers)
Management estimates the acquired fleet could generate a free-cash-flow yield of about 20% of enterprise value at leading market rates, and says it plans to distribute most free cash flow after debt service. If those assumptions hold, the platform could offer meaningful cash returns. (2020 Bulkers)
The company has moved quickly to build a sizeable offshore platform: it had acquired control of 12 AHTS vessels by October, with three more lined up. Its $175 million share placement was multiple times oversubscribed, giving the expansion substantial investor backing. (Splash247, 2020 Bulkers)
The share placement issued 585 million new shares at $0.299 each, and the acquisition consideration also includes a large issue of shares to sellers. This materially expands the share count and may dilute existing holders’ ownership and future per-share returns. (2020 Bulkers, 2020 Bulkers)
The projected 20% cash-flow yield is conditional on leading market rates and the target’s cost and financing assumptions; it is not a demonstrated result. AHTS AS only began operating in 2026, leaving limited operating history for judging those projections. (2020 Bulkers)
The rapid shift from dry bulk into offshore shipping brings execution and integration risk: 2020 Bulkers built control of 12 AHTS vessels in a short period, while three more were still planned. A new CEO was also appointed during the transition, adding to the challenge of establishing the enlarged operation. (Splash247)
Data summarised monthly by Lightyear AI. Last updated on 2 Nov 2026.

2020 Bulkers Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

2020 Bulkers Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.