NOL Balance Sheet - Northern Ocean Ltd - Alpha Spread

Northern Ocean Ltd
OSE:NOL

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Northern Ocean Ltd
OSE:NOL
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Price: 6.25 NOK -6.72% Market Closed
Market Cap: 1.9B NOK
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Balance Sheet

Balance Sheet Decomposition
Northern Ocean Ltd

Current Assets 110.4m
Cash & Short-Term Investments 50.4m
Receivables 51.2m
Other Current Assets 8.8m
Non-Current Assets 920m
PP&E 920m
Current Liabilities 500.2m
Accounts Payable 7.4m
Accrued Liabilities 30.2m
Other Current Liabilities 462.5m
Non-Current Liabilities 102.6m
Long-Term Debt 99.9m
Other Non-Current Liabilities 2.7m

Balance Sheet
Northern Ocean Ltd

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Balance Sheet
Currency: USD
Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Cash & Cash Equivalents
15
54
37
5
67
54
Cash Equivalents
15
54
37
5
67
54
Total Receivables
2
32
20
5
23
49
Accounts Receivables
0
23
16
0
20
48
Other Receivables
2
9
4
5
3
1
Other Current Assets
0
10
3
14
44
29
Total Current Assets
17
96
61
24
135
132
PP&E Net
595
1 004
1 071
954
918
924
PP&E Gross
0
1 004
1 071
954
918
924
Accumulated Depreciation
0
3
33
75
115
143
Other Long-Term Assets
0
1
3
0
1
0
Total Assets
612
N/A
1 101
+80%
1 135
+3%
978
-14%
1 054
+8%
1 056
+0%
Liabilities
Accounts Payable
0
1
5
2
8
5
Accrued Liabilities
0
4
8
4
28
44
Short-Term Debt
0
0
0
0
0
0
Current Portion of Long-Term Debt
10
40
190
10
20
84
Other Current Liabilities
415
82
141
3
24
26
Total Current Liabilities
425
127
345
19
79
158
Long-Term Debt
188
415
278
460
461
458
Other Liabilities
0
15
5
3
6
3
Total Liabilities
613
N/A
558
-9%
628
+12%
482
-23%
547
+14%
619
+13%
Equity
Common Stock
0
64
64
64
91
91
Retained Earnings
0
9
45
56
149
220
Additional Paid In Capital
0
488
488
488
565
566
Other Equity
0
0
0
0
0
0
Total Equity
0
N/A
543
N/A
507
-7%
496
-2%
507
+2%
437
-14%
Total Liabilities & Equity
612
N/A
1 101
+80%
1 135
+3%
978
-14%
1 054
+8%
1 056
+0%
Shares Outstanding
Common Shares Outstanding
66
66
66
66
182
183

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