GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Northern Ocean Ltd (OSL:NOL) » Definitions » Revenue

Northern Ocean (OSL:NOL) Revenue : kr2,524 Mil (TTM As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Northern Ocean Revenue?

Northern Ocean's revenue for the three months ended in Dec. 2023 was kr861 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was kr2,524 Mil. Northern Ocean's Revenue per Share for the three months ended in Dec. 2023 was kr4.71. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was kr13.82.

During the past 12 months, the average Revenue per Share Growth Rate of Northern Ocean was 639.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 15.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 5 years, Northern Ocean's highest 3-Year average Revenue per Share Growth Rate was 15.90% per year. The lowest was 4.20% per year. And the median was 10.05% per year.


Northern Ocean Revenue Historical Data

The historical data trend for Northern Ocean's Revenue 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.

* Premium members only.

Northern Ocean Revenue Chart

Northern Ocean Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
126.77 823.80 608.72 214.02 2,499.40

Northern Ocean Quarterly Data
Sep18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue 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 116.90 338.12 464.59 860.04 860.79

Competitive Comparison of Northern Ocean's Revenue

For the Oil & Gas Drilling subindustry, Northern Ocean's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northern Ocean's Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Northern Ocean's Revenue distribution charts can be found below:

* The bar in red indicates where Northern Ocean's Revenue falls into.



Northern Ocean Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr2,524 Mil.

* 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.


Northern Ocean  (OSL:NOL) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Northern Ocean Revenue Related Terms

Thank you for viewing the detailed overview of Northern Ocean's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Northern Ocean (OSL:NOL) Business Description

Traded in Other Exchanges
Address
14 Par La Ville Road, Par La Ville Place, PO Box HM 1593, Hamilton, BMU, HM08
Northern Ocean Ltd is an international offshore drilling contractor for the oil and gas industry. The company acquires and operates modern drilling assets and is engaged in offshore contract drilling in benign and harsh environments, including ultra-deep-water environments. It owns one semi-submersible rig, Deepsea Mira; and one semi-submersible rig currently under construction, Deepsea Bollsta. The company earns revenue from Drilling, Mobilization and demobilization, Contract preparation and One-time reimbursed costs.

Northern Ocean (OSL:NOL) Headlines

No Headlines