# Northern Ocean Ltd. (NTNOF)

> Energy · BM · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/NTNOF/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 13.27M | $ -23.14M | $ -9.44M | $ 100.02M | $ 320.03M |
| 2025 | $ 285.97M | $ -105.12M | $ -54.64M | $ 100.03M | $ 345.05M |
| 2024 | $ 276.99M | $ -69.01M | $ -78.66M | $ 530.91M | $ 446.16M |
| 2023 | $ 254.27M | $ -76.66M | $ -86.02M | $ 541.76M | $ 436.90M |
| 2022 | $ 24.96M | $ -103.77M | $ -64.23M | $ 481.56M | $ 506.80M |
| 2021 | $ 80.56M | $ -13.10M | $ -28.28M | $ 469.53M | $ 495.63M |
| 2020 | $ 120.53M | $ -46.51M | $ -34.13M | $ 467.55M | $ 507.08M |
| 2019 | $ 18.13M | $ -10.27M | $ -317.93M | $ 455.50M | $ 543.12M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.31 |
| Liabilities / Eq | 0.47 |
| Current Ratio | 0.25 |

## Other views

- [Metrics](https://sponda.capital/en/NTNOF.md)
- [Charts](https://sponda.capital/en/NTNOF/charts.md)
- [Compare](https://sponda.capital/en/NTNOF/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-29.
