NorAm Drilling AS (OSL:NORAM) Accounts Payable & Accrued Expense: kr79 Mil (As of Jun. 2026)

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OSL:NORAM NorAm Drilling AS OSL:NORAM
87 GF Score
Price kr46.00
GF Value kr33.49
Valuation Significantly Overvalued
! 3 Warning Signs
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What is NorAm Drilling AS Accounts Payable & Accrued Expense?

NorAm Drilling AS OSL:NORAM -1.71% 87 Accounts Payable & Accrued Expense is kr79 Mil as of Jun. 2026. GuruFocus rates OSL:NORAM with a GF Score™ of 87/100 and a GF Value™ of kr33.49 (Significantly Overvalued). The stock has 3 warning signs investors should review.

NorAm Drilling AS's quarterly accounts payable & accrued expense declined from Dec. 2025 (kr105 Mil) to Mar. 2026 (kr89 Mil) and declined from Mar. 2026 (kr89 Mil) to Jun. 2026 (kr79 Mil).

NorAm Drilling AS's annual accounts payable & accrued expense increased from Dec. 2023 (kr48 Mil) to Dec. 2024 (kr61 Mil) and increased from Dec. 2024 (kr61 Mil) to Dec. 2025 (kr105 Mil).

NorAm Drilling AS Accounts Payable & Accrued Expense Historical Data

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The historical data trend for NorAm Drilling AS's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NorAm Drilling AS Accounts Payable & Accrued Expense Chart

NorAm Drilling AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.75 47.85 47.87 61.31 105.10

NorAm Drilling AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.12 63.73 105.10 89.39 78.87
OSL:NORAM
87GF Score
NorAm Drilling AS OSL:NORAM
Accounts Payable & Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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NorAm Drilling AS Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

What does a Accounts Payable & Accrued Expense of kr79 Mil mean?
NorAm Drilling AS (OSL:NORAM) has a Accounts Payable & Accrued Expense of kr79 Mil as of Jun. 2026. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on NorAm Drilling AS and its competitors.
Is NorAm Drilling AS's Accounts Payable & Accrued Expense too high?
NorAm Drilling AS's current Accounts Payable & Accrued Expense is kr79 Mil. Overall, NorAm Drilling AS has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorAm Drilling AS's Accounts Payable & Accrued Expense compare to SLB and BKR?
NorAm Drilling AS's Accounts Payable & Accrued Expense of kr79 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for an Oil & Gas company?
A good Accounts Payable & Accrued Expense depends on the Oil & Gas industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on NorAm Drilling AS and its competitors. NorAm Drilling AS's current Accounts Payable & Accrued Expense is kr79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorAm Drilling AS stock overvalued right now?
Based on GuruFocus' analysis, NorAm Drilling AS (OSL:NORAM) is currently considered Significantly Overvalued. The stock's GF Value™ is kr33.49, compared to a current price of kr46.00 — trading 37.4% above its estimated fair value. The current Accounts Payable & Accrued Expense is kr79 Mil. NorAm Drilling AS's overall GF Score™ is 87/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For NorAm Drilling AS (OSL:NORAM), the current Accounts Payable & Accrued Expense is kr79 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NorAm Drilling AS (OSL:NORAM) Overvalued in 2026?

Based on GuruFocus' analysis, NorAm Drilling AS stock appears to be overvalued. The current stock price of kr46.00 is trading 37.4% above its estimated GF Value™ of kr33.49. GuruFocus considers NorAm Drilling AS to be Significantly Overvalued.

Key valuation signals for OSL:NORAM:

  • Accounts Payable & Accrued Expense: kr79 Mil
  • GF Value™: kr33.49 vs. price of kr46.00 (37.4% above fair value)
  • GF Score™: 87/100 with 3 warning signs

No single metric tells the full story. See the OSL:NORAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NorAm Drilling AS Business Description

Industry EnergyOil & Gas
Other Exchanges TM9:Germany
Address Bryggegata 3, P.O. Box 1327 - Vika, Oslo, NOR, 0112
NorAm Drilling AS owns and operates a quality rig portfolio of super spec developed high-end AC driven rigs tailored for the drilling of horizontal wells in the USA land drilling market. These rigs are designed to combine the cost efficiency of a compact rig with the versatility of different rig classes, enabling the rigs to cover a broad range of wells for both liquids and gas. The group's operating segments are NorAm Drilling Company, which derives maximum revenue, and NorAm Drilling AS.
87GF Score

Get the complete analysis for OSL:NORAM

Accounts Payable & Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr46.00
Price
kr33.49
GF Value