North Energy ASA (NORTH) — Defensive Interval Ratio
North Energy ASA (NORTH) has a Defensive Interval Ratio of 440 days as of June 2025. Defensive assets of Nkr83.12 Million (cash Nkr-, short-term investments Nkr82.81 Million, receivables Nkr313.00K) cover 440 days of daily cash needs of Nkr188.95K/day. Check North Energy ASA (NORTH) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
North Energy ASA Defensive Interval Ratio (2007–2024)
This chart shows how North Energy ASA's Defensive Interval Ratio has evolved across 18 annual periods from 2007 to 2024. As of June 2025, the ratio stands at 440 days, meaning defensive assets of Nkr83.12 Million can fund 440 days of operations without new revenue. Also explore North Energy ASA annual equity growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for North Energy ASA (2007–2024)
The table below presents the year-by-year Defensive Interval Ratio for North Energy ASA from 2007 to 2024, covering 18 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see market cap of North Energy ASA.
| Year | DIR (days) | Defensive Assets (NOK) | Daily Cash Need | Cash | ST Investments | Change (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 | — |