North Energy ASA

North Energy ASA

2.51
NOK
+0.01
(+0.40%)
-0.48EPS
277.89MMarket Cap
North Energy ASA
OSL:NORTH
(Euronext Oslo)

Recent

price

2.51

P/E

ratio

- -

div

yld

5.19%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
NOK
- -
- -
1.24
2.42
0.03
0.05
0.14
0.02
- -
0.01
0.02
0.01
0.01
0.01
0.05
0.02
0.08
Revenue per Share
-2.51
-4.12
-2.94
-3.67
-1.19
-1.06
0.7
0.18
-0.24
-0.13
1.04
-0.24
-0.11
0.21
0.5
-0.34
-0.48
Basic EPS, GAAP
-10.77
-14.22
-1.68
-1.65
-0.09
0.2
4.72
0.01
1.75
-0.19
-0.14
-0.13
-0.22
-0.16
-0.16
-0.19
-0.14
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
0.25
- -
0.18
- -
0.45
- -
0.1
0.1
0.15
0.13
Dividend per Share
17.92
13.76
10.04
6.38
3.7
2.65
3.42
3.41
3.16
2.71
3.43
2.74
2.63
2.74
3.13
2.64
2.37
Book Value per Share
17.92
13.76
10.04
6.38
3.7
2.65
3.42
3.41
3.16
2.71
3.43
2.74
2.63
2.74
3.13
2.64
2.37
Tangible Book Value per Share
25
27
38
41
105
119
119
119
119
115
117
117
117
117
117
117
117
Basic Weighted Avg Shares
- -
- -
47
99
3
5
16
2
1
2
3
1
1
1
5
2
9
Sales/Revenue/Turnover
- -
- -
-1,281.12
-701.29
-13,094.68
-9,327.43
-547.75
-1,785.66
-4,742.16
641.63
4,375.68
-9,735.2
-4,737.9
-1,153.87
510.52
-1,878.8
-365.3
Operating Margin (%)
5
7
10
9
7
6
3
1
- -
2
1
1
2
1
2
2
2
Depreciation Expense
-63
-111
-112
-150
-125
-126
83
22
-29
-15
122
-28
-13
25
58
-40
-56
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
12.87
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
-237.62
-151.83
-3,564.53
-2,348.65
513.47
898.72
-5,667.84
-976.74
4,788.07
-3,710.53
-1,202.58
1,658.18
1,097.36
-1,767.11
-619.78
Profit Margin (%)
379
172
231
170
325
188
145
262
252
221
307
182
135
95
127
96
74
Working Capital
- -
- -
- -
41
31
41
- -
- -
- -
2
- -
3
5
3
2
- -
- -
LT Debt
480
370
410
261
440
315
407
420
385
303
402
321
308
321
368
310
277
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
33.26
- -
- -
7.25
15.09
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
34.84
- -
- -
7.8
16.89
- -
- -
Return on Capital (%)
-19.88
-26.01
-28.61
-44.64
-35.54
-33.39
23.02
5.35
-7.39
-4.44
33.94
-7.7
-4.15
7.83
16.88
-11.87
-17.87
Return on Common Equity (%)

Capital Structure

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
84
81
97
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
117
117
117
Market Capitalization
293
317
278

Working Capital

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
184
182
173
Cash, Cash Equivalents & STI
183
181
172
Accounts Receivable, Net
- -
1
2
Inventories
- -
- -
- -
Total Current Liabilities
87
84
100
Payables & Accruals
- -
- -
- -
ST Debt
84
81
97
Deferred Revenue
- -
- -
- -

Growth Rates

NOK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.43%
-4.24%
-15.72%
Free Cash Flow
1,508.25%
9.19%
12.47%
Net Income, GAAP
-190.87%
-99.48%
-169.16%
Sales/Revenue/Turnover
51.92%
42.1%
-57.05%
Total Cash Common Dividend
- -
- -
50%

Quarterly Revenue

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
2
3
2
5
2025
3
3
2
2
2
2026
5
- -
- -
- -
- -

Quarterly Earnings Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.11
-0.01
0.32
0.08
0.5
2025
-0.08
0.07
-0.14
-0.2
-0.34
2026
-0.24
0.09
- -
- -
- -

Quarterly Dividends Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.1
- -
- -
0.1
2025
- -
0.15
- -
- -
0.15
2026
- -
0.12
- -
- -
- -
Business
North Energy ASA is an industrial investment and asset management company headquartered in Oslo, Norway. Founded in 2007, the company originally operated as an upstream oil and gas exploration enterprise on the Norwegian Continental Shelf before executing a strategic transformation into an active ownership and investment firm. The company operates primarily through its wholly-owned investment vehicle, North Energy Capital AS, deploying capital across the energy, maritime services, and clean technology sectors. North Energy ASA delivers its principal products and investment services across three core operational segments: Strategic Equity Investments, providing long-term growth capital, anchor equity financing, and active board-level governance to public and private industrial enterprises; Financial Asset and Treasury Management, managing liquidity placements, fixed income and corporate bond portfolios, money market instruments, and public market securities; and Corporate Advisory and Development Services, delivering merger and acquisition advisory, debt and equity restructuring solutions, and strategic business scaling for portfolio companies. Through its key portfolio holdings and affiliated entities, North Energy ASA participates in the provision of specialized industrial solutions, including: offshore subsea survey, inspection, maintenance, and repair (IMR) services; remotely operated vehicle (ROV) operations and seabed mapping; unmanned surface vessel (USV) robotics for zero-emission maritime data acquisition; floating offshore wind turbine technology engineering and multi-rotor energy system development; and legacy upstream hydrocarbon resource monetization. The company's underlying commercial services and technologies serve offshore energy operators, ocean infrastructure contractors, offshore wind farm developers, and global maritime clients across Norway, the North Sea basin, continental Europe, and select international markets. In recent developments, North Energy ASA has reinforced its core investment focus by expanding its strategic backing of key portfolio holding Reach Subsea ASA, supporting the global rollout and commercial deployment of the Reach Remote autonomous subsea vessel initiative as well as international marine survey service expansions. In the clean technology sector, the company has continued its strategic financing and commercialization milestones in Wind Catching Systems AS alongside major industry co-investors including Ferd and Eni's Plenitude to advance full-scale floating wind technology. Furthermore, North Energy ASA has continued to refine its capital structure through ongoing share repurchase programs, active portfolio rationalization, and disciplined capital allocation aimed at maximizing direct shareholder returns.