NOR.OL
Price:
$363
Market Cap:
$1.17B
Norwegian Energy Company ASA, an oil and gas company, focuses on the exploration, development, and production of hydrocarbon resources in Norway, Denmark, the Netherlands, and the United Kingdom. Its asset portfolio includes four production hubs and 11 producing fields on the Danish Continental Shelf. As of December 31, 2021, the company had proven and probable reserves of 9.8 million barrels of oil equivalent. Norwegian Energy Company ASA was founded in 2005 and is headquartered in Oslo, Norway.
Industry
Oil & Gas Exploration & Production
IPO Date
2007-11-09
Stock Exchange
OSL
Ticker
NOR.OL
According to Norwegian Energy Company ASA’s latest financial reports and current stock price. The company's current Current Ratio is 1.41. This represents a change of -6.90% compared to the average of 1.51 of the last 4 quarters.
The mean historical Current Ratio of Norwegian Energy Company ASA over the last ten years is 1.17. The current 1.41 Current Ratio has changed 11.92% with respect to the historical average. Over the past ten years (40 quarters), NOR.OL's Current Ratio was at its highest in in the September 2024 quarter at 2.39. The Current Ratio was at its lowest in in the March 2024 quarter at 0.78.
Average
1.17
Median
1.12
Minimum
0.86
Maximum
1.68
Discovering the peaks and valleys of Norwegian Energy Company ASA Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 58.90%
Maximum Annual Current Ratio = 1.68
Minimum Annual Increase = -45.14%
Minimum Annual Current Ratio = 0.86
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.04 | 20.51% |
| 2023 | 0.86 | -28.21% |
| 2022 | 1.20 | 23.06% |
| 2021 | 0.98 | -22.19% |
| 2020 | 1.26 | -13.88% |
| 2019 | 1.46 | 58.90% |
| 2018 | 0.92 | -45.14% |
| 2017 | 1.68 | 49.40% |
The current Current Ratio of Norwegian Energy Company ASA (NOR.OL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.04
5-year avg
1.07
10-year avg
1.17
Norwegian Energy Company ASA’s Current Ratio is greater than Borr Drilling Limited (1.28), greater than PGS ASA (0.93), greater than Siem Offshore Inc. (0.61), less than FLEX LNG Ltd. (2.84), greater than Höegh LNG Holdings Ltd. (0.55), less than SeaBird Exploration Plc (1.45), greater than Edda Wind ASA (1.27), greater than Seacrest Petroleo Bermuda Limited (0.46), less than Avance Gas Holding Ltd (93.80), greater than Awilco Drilling PLC (0.21),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.28 | $10.00B | |
| 0.93 | $8.61B | |
| 0.61 | $8.62B | |
| 2.84 | $13.74B | |
| 0.55 | $1.78B | |
| 1.45 | $559.03M | |
| 1.27 | $2.94B | |
| 0.46 | $77.00M | |
| 93.80 | $18.38M | |
| 0.21 | $24.75M |
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