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Northern Ocean Ltd. (NTNOF)

USD0.82 +0.00 (+0.00%)
BM OTC Energy Oil & Gas Drilling
Address Par-la-Ville Place
Hamilton, BM
CEO Arne Jacobsen
Website northernocean.no
IPO 2023-04-24
ISIN BMG6682J1036

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Also trades on Oslo Stock Exchange · NOL.OL (NOK) Other OTC · NTNOF (USD)
Description

Northern Ocean Ltd. operates as a drilling contractor, delivering specialized offshore drilling services to the global oil and gas sector. This enterprise was founded in 2017 and maintains its headquarters in Hamilton, Bermuda.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD0.82 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
32
Beta
0.24
Float Shares
61.54M
Free Float %
20.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% +0.00% +0.00% +0.00% +0.00% +0.00% -8.81% -8.81% -45.45% -45.45% -45.45%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

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By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.82
Quality scores
Altman Z-Score
-0.77
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
0 / 10
No MOAT
Operational MOAT
✗ Below peers
  • ✓
    Revenue growth Oil & Gas Drilling: +3.0%
    +6.0% ★ Q1'26: -77.1% (vs Q1'25)
  • ✗
    EPS growth Oil & Gas Drilling: +11.2%
    -47.8% Q1'26: +315.6% (vs Q1'25)
  • ✗
    FCF margin FCF growth · Oil & Gas Drilling: +61.3%
    -31.1% Q1'26: -71.1% (vs Q1'25)
  • ✗
    EBIT margin Oil & Gas Drilling: +8.6%
    -15.8% Q1'26: -152.3% (vs Q1'25)
  • ✗
    ROIC Oil & Gas Drilling: +4.0%
    -10.9% Q1'26: -20.6% (vs Q1'25)
  • ✗
    Share dilution Oil & Gas Drilling: +0.0%
    +7.1% Q1'26: +0.0% (vs Q1'25)
  • ✗
    Debt / EBITDA Net debt/EBITDA · Oil & Gas Drilling: 1.42×
    9.18× Q1'26: -1.98× (vs Q1'25)
Valuation Multiples From To
DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.17) × ERP
WACC = 65% × Ke + 35% × Kd (56.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Current price: 0.82
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2023
actual 		Dec 2024
actual 		Dec 2025
actual 		Dec 2026
1 Rev. Ana.
1 EPS Ana. 		Dec 2027
2 Rev. Ana.
1 EPS Ana. 		Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
235.16M
est: 230.22M (+2.1%)
263.53M
est: 270.20M (-2.5%)
279.30M
est: 236.05M (+18.3%)
83.33M
81.41M – 85.26M
-64.7% YoY
123.33M
118.72M – 127.94M
+48.0% YoY
139.00M
135.78M – 142.22M
+12.7% YoY
EBITDA
20.75M
est: -37.29M (+155.6%)
42.97M
est: -45.82M (+193.8%)
10.90M
est: -40.03M (+127.2%)
-14.13M
-14.46M – -13.80M
+64.7% YoY
-20.91M
-21.70M – -20.13M
-48.0% YoY
-23.57M
-24.12M – -23.03M
-12.7% YoY
EBIT
-22.14M
est: -97.78M (+77.4%)
-6.96M
est: -110.59M (+93.7%)
-44.24M
est: -96.62M (+54.2%)
-34.11M
-34.90M – -33.32M
+64.7% YoY
-50.48M
-52.37M – -48.59M
-48.0% YoY
-56.89M
-58.21M – -55.58M
-12.7% YoY
Net Income
-70.90M
est: -93.90M (+24.5%)
-65.66M
est: -45.03M (-45.8%)
-102.67M
est: -57.30M (-79.2%)
-47.00M
-48.41M – -45.59M
+18.0% YoY
-12.13M
-12.49M – -11.76M
+74.2% YoY
-21.23M
-21.86M – -20.59M
-75.0% YoY
SGA
7.53M
est: 27.98M (-73.1%)
7.01M
est: 31.79M (-77.9%)
7.88M
est: 27.78M (-71.6%)
9.81M
9.58M – 10.03M
-64.7% YoY
14.51M
13.97M – 15.05M
+48.0% YoY
16.36M
15.98M – 16.73M
+12.7% YoY
EPS
-0.39
est: -0.33 (-17.6%)
-0.23
est: -0.15 (-54.9%)
-0.34
est: -0.19 (-79.9%)
-0.16
-0.16 – -0.15
+18.0% YoY
-0.04
-0.04 – -0.04
+74.2% YoY
-0.07
-0.07 – -0.07
-75.0% YoY

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-80.77M
OE per share TTM
-0.27
Owner's Yield
-44.40%
Maintenance CapEx ratio
—
Maint CapEx / Avg PPE
639.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-4.42M
Shares Outstanding
303.22M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Arne Jacobsen Chief Executive Officer — male
Eirik Sunde Chief Commercial Officer — male
James Ayers Secretary & Director — male
Jonas Ytreland Chief Financial Officer — male
Vidar Skjelbred Chief Operating Officer — male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits

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