NorAm Drilling AS (OSL:NORAM) Selling, General, & Admin. Expense: kr77 Mil (TTM As of Mar. 2026)


OSL:NORAM NorAm Drilling AS OSL:NORAM
92 GF Score
Price kr40.70
GF Value kr33.73
Valuation Modestly Overvalued
! 3 Warning Signs
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What is NorAm Drilling AS Selling, General, & Admin. Expense?

NorAm Drilling AS OSL:NORAM -2.86% 92 Selling, General, & Admin. Expense is kr77 Mil as of Mar. 2026. GuruFocus rates OSL:NORAM with a GF Score™ of 92/100 and a GF Value™ of kr33.73 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. NorAm Drilling AS's selling, general, & admin. expense for the three months ended in Mar. 2026 was kr19 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was kr77 Mil.


NorAm Drilling AS  (OSL:NORAM) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


NorAm Drilling AS Selling, General, & Admin. Expense Related Terms


NorAm Drilling AS Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for NorAm Drilling AS's Selling, General, & Admin. 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 Selling, General, & Admin. Expense Chart

NorAm Drilling AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 35.56 57.63 65.96 62.50 76.76

NorAm Drilling AS Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. 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 20.04 19.04 15.55 22.85 19.39

OSL:NORAM vs SLB, BKR, HAL: Selling, General, & Admin. Expense Comparison

For the Oil & Gas Equipment & Services subindustry, NorAm Drilling AS's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.


NorAm Drilling AS Selling, General, & Admin. Expense vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NorAm Drilling AS's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where NorAm Drilling AS's Selling, General, & Admin. Expense falls into.


OSL:NORAM
92GF Score
NorAm Drilling AS OSL:NORAM
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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NorAm Drilling AS Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr77 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.

What does a Selling, General, & Admin. Expense of kr77 Mil mean?
NorAm Drilling AS (OSL:NORAM) has a Selling, General, & Admin. Expense of kr77 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on NorAm Drilling AS and its competitors.
Is NorAm Drilling AS's Selling, General, & Admin. Expense too high?
NorAm Drilling AS's current Selling, General, & Admin. Expense is kr77 Mil. Overall, NorAm Drilling AS has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorAm Drilling AS's Selling, General, & Admin. Expense compare to SLB and BKR?
NorAm Drilling AS's Selling, General, & Admin. Expense of kr77 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 Selling, General, & Admin. Expense for an Oil & Gas company?
A good Selling, General, & Admin. Expense depends on the Oil & Gas industry context. However, Selling, General, & Admin. 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on NorAm Drilling AS and its competitors. NorAm Drilling AS's current Selling, General, & Admin. Expense is kr77 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 Modestly Overvalued. The stock's GF Value™ is kr33.73, compared to a current price of kr40.70 — trading 20.7% above its estimated fair value. The current Selling, General, & Admin. Expense is kr77 Mil. NorAm Drilling AS's overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For NorAm Drilling AS (OSL:NORAM), the current Selling, General, & Admin. Expense is kr77 Mil as of Mar. 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 kr40.70 is trading 20.7% above its estimated GF Value™ of kr33.73. GuruFocus considers NorAm Drilling AS to be Modestly Overvalued.

Key valuation signals for OSL:NORAM:

  • Selling, General, & Admin. Expense: kr77 Mil
  • GF Value™: kr33.73 vs. price of kr40.70 (20.7% above fair value)
  • GF Score™: 92/100 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.
92GF Score

Get the complete analysis for OSL:NORAM

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr40.70
Price
kr33.73
GF Value