North Energy ASA (NORTH) — Defensive Interval Ratio

Latest as of June 2026: 368 days

North Energy ASA (NORTH) has a Defensive Interval Ratio of 368 days as of June 2026. Defensive assets of Nkr100.44 Million (cash Nkr-, short-term investments Nkr98.72 Million, receivables Nkr1.71 Million) cover 368 days of daily cash needs of Nkr272.99K/day.

Defensive Interval Ratio

368 days
Days of operational coverage

Defensive Assets

Nkr100.44 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr272.99K
Current Liabilities ÷ 365

Current Liabilities

Nkr99.64 Million
NOK

North Energy ASA Defensive Interval Ratio (2007–2025)

This chart shows how North Energy ASA's Defensive Interval Ratio has evolved across 19 annual periods from 2007 to 2025. As of June 2026, the ratio stands at 368 days, meaning defensive assets of Nkr100.44 Million can fund 368 days of operations without new revenue. For the complete balance sheet picture, see how large is North Energy ASA's balance sheet.

Annual Defensive Interval Ratio for North Energy ASA (2007–2025)

The table below presents the year-by-year Defensive Interval Ratio for North Energy ASA from 2007 to 2025, covering 19 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See North Energy ASA (NORTH) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2025 768 days Nkr183.33 Million Nkr238.78K/day Nkr101.11 Million Nkr82.19 Million ▼ -8534 days
2024 9302 days Nkr131.88 Million Nkr14.18K/day Nkr101.55 Million Nkr30.34 Million ▲ +7059 days
2023 2243 days Nkr108.91 Million Nkr48.56K/day Nkr5.95 Million Nkr102.96 Million ▼ -1424 days
2022 3667 days Nkr146.16 Million Nkr39.86K/day Nkr3.06 Million Nkr143.07 Million ▼ -1937 days
2021 5604 days Nkr194.12 Million Nkr34.64K/day Nkr39.99 Million Nkr154.13 Million ▼ -26915 days
2020 32519 days Nkr310.75 Million Nkr9.56K/day Nkr119.33 Million Nkr191.42 Million ▲ +10103 days
2019 22415 days Nkr224.03 Million Nkr9.99K/day Nkr28.01 Million Nkr194.79 Million ▲ +1724 days
2018 20692 days Nkr256.35 Million Nkr12.39K/day Nkr248.44 Million Nkr7.33 Million ▲ +17915 days
2017 2777 days Nkr299.48 Million Nkr107.84K/day Nkr65.31 Million Nkr- ▲ +1466 days
2016 1311 days Nkr198.16 Million Nkr151.15K/day Nkr126.53 Million Nkr- ▲ +751 days
2015 560 days Nkr439.53 Million Nkr785.52K/day Nkr- Nkr- ▼ -732 days
2014 1292 days Nkr407.86 Million Nkr315.72K/day Nkr- Nkr- ▲ +669 days
2013 623 days Nkr365.08 Million Nkr586.33K/day Nkr- Nkr- ▲ +41 days
2012 582 days Nkr539.04 Million Nkr926.92K/day Nkr- Nkr- ▲ +112 days
2011 470 days Nkr605.74 Million Nkr1.29 Million/day Nkr- Nkr- ▼ -990 days
2010 1460 days Nkr387.00 Million Nkr265.05K/day Nkr- Nkr4.67 Million ▲ +754 days
2009 706 days Nkr161.11 Million Nkr228.09K/day Nkr- Nkr- ▲ +462 days
2008 245 days Nkr21.05 Million Nkr86.02K/day Nkr- Nkr13.33 Million ▼ -4225 days
2007 4470 days Nkr21.20 Million Nkr4.74K/day Nkr- Nkr18.69 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)