BlueNord ASA (LTS:0HTF) Scaled Net Operating Assets: 0.40 (As of Mar. 2026)


LTS:0HTF BlueNord ASA LTS:0HTF
66 GF Score
Price kr509.01
GF Value kr815.19
Valuation Possible Value Trap
! 3 Warning Signs
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What is BlueNord ASA Scaled Net Operating Assets?

BlueNord ASA LTS:0HTF -0.78% 66 Scaled Net Operating Assets is 0.40 as of Mar. 2026. GuruFocus rates LTS:0HTF with a GF Score™ of 66/100 and a GF Value™ of kr815.19 (Possible Value Trap). The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

BlueNord ASA's operating assets for the quarter that ended in Mar. 2026 was kr32,791 Mil. BlueNord ASA's operating liabilities for the quarter that ended in Mar. 2026 was kr19,316 Mil. BlueNord ASA's Total Assets for the quarter that ended in Dec. 2025 was kr33,902 Mil. Therefore, BlueNord ASA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.40.


BlueNord ASA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for BlueNord ASA's Scaled Net Operating Assets 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.

BlueNord ASA Scaled Net Operating Assets Chart

BlueNord ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.53 0.59 0.57 0.44

BlueNord ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.47 0.48 0.49 0.53 0.40

LTS:0HTF vs COP, EOG, OXY: Scaled Net Operating Assets Comparison

For the Oil & Gas E&P subindustry, BlueNord ASA's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


BlueNord ASA Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, BlueNord ASA's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where BlueNord ASA's Scaled Net Operating Assets falls into.


LTS:0HTF
66GF Score
BlueNord ASA LTS:0HTF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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BlueNord ASA Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

BlueNord ASA's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(32459.32-15335.199)/38842.781
=0.44

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=33901.575 - 1442.255
=32459.32

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26139.475 - 10804.276 - 0
=15335.199

BlueNord ASA's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(32790.947-19316.235)/33901.575
=0.40

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=33849.53 - 1058.583
=32790.947

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=29468.389 - 10152.154 - 0
=19316.235

* 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 Scaled Net Operating Assets of 0.40 mean?
BlueNord ASA (LTS:0HTF) has a Scaled Net Operating Assets of 0.40 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on BlueNord ASA and its competitors.
Is BlueNord ASA's Scaled Net Operating Assets too high?
BlueNord ASA's current Scaled Net Operating Assets is 0.40. Overall, BlueNord ASA has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BlueNord ASA's Scaled Net Operating Assets compare to COP and EOG?
BlueNord ASA's Scaled Net Operating Assets of 0.40 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 Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on BlueNord ASA and its competitors. BlueNord ASA's current Scaled Net Operating Assets is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlueNord ASA stock overvalued right now?
Based on GuruFocus' analysis, BlueNord ASA (LTS:0HTF) is currently considered Possible Value Trap. The stock's GF Value™ is kr815.19, compared to a current price of kr509.01 — trading 37.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.40. BlueNord ASA's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For BlueNord ASA (LTS:0HTF), the current Scaled Net Operating Assets is 0.40 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 BlueNord ASA (LTS:0HTF) Overvalued in 2026?

Based on GuruFocus' analysis, BlueNord ASA stock appears to be undervalued. The current stock price of kr509.01 is trading 37.6% below its estimated GF Value™ of kr815.19. GuruFocus considers BlueNord ASA to be Possible Value Trap.

Key valuation signals for LTS:0HTF:

  • Scaled Net Operating Assets: 0.40
  • GF Value™: kr815.19 vs. price of kr509.01 (37.6% below fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the LTS:0HTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BlueNord ASA Business Description

Industry EnergyOil & Gas
Address Nedre Vollgate 3, Oslo, NOR, 0158
BlueNord ASA is a Norway-based oil and gas company engaged in the production and development of oil and gas resources. The company operates mainly in the Danish North Sea through its interest in the Danish Underground Consortium. It focuses on supporting the energy transition by improving the long-term role of oil and gas in the energy mix while reducing greenhouse gas emissions on the Danish Continental Shelf.
66GF Score

Get the complete analysis for LTS:0HTF

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr509.01
Price
kr815.19
GF Value