Northern Ocean Ltd (OL:NOL) — Stock Price
Northern Ocean Ltd (OL:NOL) is currently trading at Nkr7.46 NOK, down 0.27% today. Over the past 52 weeks, shares have ranged between Nkr5.79 and Nkr10.62. This page tracks Northern Ocean Ltd's live share price on the OL exchange, its daily price and volume history, and — where reported — its income statement, balance sheet, cash flow statement, and earnings history. For company valuation and market capitalisation context, see how much is Northern Ocean Ltd worth.
Northern Ocean Ltd (NOL) Stock Price Chart — Daily History & Trading Volume
The chart below tracks Northern Ocean Ltd's daily closing share price and trading volume on the OL exchange over the past year, giving a clear view of recent price momentum and liquidity.
Northern Ocean Ltd Income Statement — Revenue, Profit & Earnings by Year
Northern Ocean Ltd's annual income statement shows how revenue converts into profit each fiscal year, including gross profit, operating income, EBITDA, and net income.
| Fiscal Year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total Revenue | Nkr263.86 Million | Nkr236.92 Million | Nkr21.66 Million | Nkr67.78 Million | Nkr94.61 Million |
| Cost of Revenue | Nkr206.32 Million | Nkr191.12 Million | Nkr37.43 Million | Nkr51.98 Million | Nkr36.58 Million |
| Gross Profit | Nkr57.54 Million | Nkr45.80 Million | Nkr-15.77 Million | Nkr15.80 Million | Nkr58.03 Million |
| Research & Development | — | — | — | — | — |
| SG&A | Nkr7.01 Million | Nkr7.53 Million | Nkr7.98 Million | Nkr15.59 Million | Nkr4.50 Million |
| Total Operating Expenses | Nkr274.06 Million | Nkr260.51 Million | Nkr85.62 Million | Nkr117.79 Million | Nkr81.72 Million |
| Operating Income | Nkr-10.21 Million | Nkr-23.59 Million | Nkr-63.96 Million | Nkr-50.01 Million | Nkr-23.69 Million |
| EBITDA | — | — | Nkr-24.44 Million | Nkr-9.37 Million | Nkr7.29 Million |
| EBIT | Nkr-10.21 Million | Nkr-23.59 Million | Nkr-63.96 Million | Nkr-50.01 Million | Nkr-22.29 Million |
| Interest Expense | Nkr56.30 Million | Nkr45.99 Million | Nkr27.86 Million | Nkr19.64 Million | Nkr16.07 Million |
| Income Before Tax | Nkr-63.26 Million | Nkr-68.14 Million | Nkr-92.50 Million | Nkr-71.67 Million | Nkr-38.36 Million |
| Income Tax Expense | — | — | Nkr388.00K | Nkr-3.07 Million | Nkr-1.85 Million |
| Net Income | Nkr-65.66 Million | Nkr-70.90 Million | Nkr-92.89 Million | Nkr-68.60 Million | Nkr-36.51 Million |
Northern Ocean Ltd Balance Sheet — Assets, Liabilities & Shareholder Equity
The balance sheet below summarizes Northern Ocean Ltd's financial position at each fiscal year-end — what it owns (assets), what it owes (liabilities), and the resulting shareholder equity.
| Fiscal Year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total Assets | Nkr1.03 Billion | Nkr1.06 Billion | Nkr1.05 Billion | Nkr977.55 Million | Nkr1.13 Billion |
| Total Current Assets | Nkr102.50 Million | Nkr132.19 Million | Nkr134.80 Million | Nkr23.76 Million | Nkr60.91 Million |
| Cash & Equivalents | Nkr42.75 Million | Nkr54.35 Million | Nkr67.49 Million | Nkr5.46 Million | Nkr37.47 Million |
| Short-term Investments | — | — | — | — | — |
| Net Receivables | Nkr47.41 Million | Nkr41.39 Million | Nkr7.77 Million | Nkr4.51 Million | Nkr22.59 Million |
| Inventory | Nkr344.00K | Nkr0.00 | Nkr485.00K | Nkr0.00 | — |
| Property, Plant & Equipment | Nkr929.07 Million | Nkr923.59 Million | Nkr917.71 Million | Nkr953.75 Million | Nkr1.07 Billion |
| Goodwill | — | — | — | — | — |
| Total Liabilities | Nkr585.40 Million | Nkr618.88 Million | Nkr546.98 Million | Nkr481.92 Million | Nkr627.55 Million |
| Total Current Liabilities | Nkr66.95 Million | Nkr158.22 Million | Nkr79.36 Million | Nkr19.46 Million | Nkr344.77 Million |
| Long-term Debt | Nkr515.85 Million | Nkr457.95 Million | Nkr461.23 Million | Nkr459.53 Million | Nkr277.55 Million |
| Net Debt | Nkr488.05 Million | Nkr487.30 Million | Nkr413.70 Million | Nkr464.07 Million | Nkr430.08 Million |
| Total Stockholder Equity | Nkr446.16 Million | Nkr436.89 Million | Nkr506.80 Million | Nkr495.63 Million | Nkr507.07 Million |
| Retained Earnings | Nkr-285.60 Million | Nkr-219.95 Million | Nkr-149.05 Million | Nkr-56.16 Million | Nkr-45.13 Million |
Northern Ocean Ltd Cash Flow Statement — Operating, Investing & Financing Activities
This cash flow statement breaks down how Northern Ocean Ltd generates and spends cash across operating, investing, and financing activities each fiscal year, including free cash flow and capital expenditures.
| Fiscal Year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Cash Flow | Nkr-19.44 Million | Nkr-30.59 Million | Nkr-52.81 Million | Nkr-21.81 Million | Nkr14.49 Million |
| Capital Expenditures | Nkr55.40 Million | Nkr48.97 Million | Nkr4.68 Million | Nkr206.00K | Nkr41.29 Million |
| Free Cash Flow | Nkr-74.84 Million | Nkr-79.56 Million | Nkr-57.49 Million | Nkr-22.02 Million | Nkr-26.80 Million |
| Investing Cash Flow | Nkr-55.40 Million | Nkr-48.97 Million | Nkr-4.68 Million | Nkr-206.00K | Nkr-41.29 Million |
| Financing Cash Flow | Nkr63.24 Million | Nkr61.13 Million | Nkr114.80 Million | Nkr114.80 Million | Nkr10.40 Million |
| Dividends Paid | — | — | — | — | — |
| Stock-Based Compensation | Nkr273.00K | Nkr0.00 | — | — | — |
| Depreciation | Nkr49.93 Million | Nkr42.89 Million | Nkr40.21 Million | Nkr42.66 Million | Nkr29.58 Million |
| Change in Cash | Nkr-11.60 Million | Nkr-18.43 Million | Nkr57.31 Million | Nkr-22.02 Million | Nkr-16.39 Million |
Northern Ocean Ltd Earnings History — EPS Actual vs. Analyst Estimates
Track Northern Ocean Ltd's quarterly earnings per share (EPS) against Wall Street estimates, along with the earnings surprise percentage for each reporting period.
| Report Date | EPS Actual | EPS Estimate | Surprise |
|---|---|---|---|
| May 28, 2026 | — | — | — |
| Feb 27, 2026 | — | 0.34 | — |
| Nov 28, 2025 | -0.91 | 0.03 | -3133.33% |
| Aug 29, 2025 | -0.50 | -0.73 | +31.51% |
| May 30, 2025 | -0.41 | -0.67 | +38.81% |
| Feb 25, 2025 | -0.56 | -0.11 | -409.09% |
| Nov 22, 2024 | -2.10 | -0.99 | -112.12% |
| Aug 28, 2024 | -0.31 | -0.10 | -210.00% |