Northern Ocean (OSTO:NOLO) Total Operating Expense: kr80 Mil (TTM As of Jun. 2026)

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OSTO:NOLO Northern Ocean Ltd OSTO:NOLO
58 GF Score
Price kr7.44
GF Value kr5.46
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Northern Ocean Total Operating Expense?

Northern Ocean OSTO:NOLO 58 Total Operating Expense is kr80 Mil as of Jun. 2026. GuruFocus rates OSTO:NOLO with a GF Score™ of 58/100 and a GF Value™ of kr5.46 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Northern Ocean's Total Operating Expense for the three months ended in Jun. 2026 was kr26 Mil. Northern Ocean's Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 was kr80 Mil.

Northern Ocean Total Operating Expense Related Terms

Northern Ocean Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Northern Ocean's Total Operating 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.

Northern Ocean Total Operating Expense Chart

Northern Ocean Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial 140.00 78.82 79.48 78.67 79.64

Northern Ocean Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Total Operating 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 15.94 19.67 16.87 18.10 25.65
OSTO:NOLO
58GF Score
Northern Ocean Ltd OSTO:NOLO
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Ocean Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr80 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 Total Operating Expense of kr80 Mil mean?
Northern Ocean (OSTO:NOLO) has a Total Operating Expense of kr80 Mil as of Jun. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Northern Ocean and its competitors.
Is Northern Ocean's Total Operating Expense too high?
Northern Ocean's current Total Operating Expense is kr80 Mil. Overall, Northern Ocean has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Northern Ocean's Total Operating Expense compare to NE and RIG?
Northern Ocean's Total Operating Expense of kr80 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 Total Operating Expense for an Oil & Gas company?
A good Total Operating Expense depends on the Oil & Gas industry context. However, Total Operating 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Northern Ocean and its competitors. Northern Ocean's current Total Operating Expense is kr80 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Ocean stock overvalued right now?
Based on GuruFocus' analysis, Northern Ocean (OSTO:NOLO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr5.46, compared to a current price of kr7.44 — trading 36.3% above its estimated fair value. The current Total Operating Expense is kr80 Mil. Northern Ocean's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Northern Ocean (OSTO:NOLO), the current Total Operating Expense is kr80 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 Northern Ocean (OSTO:NOLO) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Ocean stock appears to be overvalued. The current stock price of kr7.44 is trading 36.3% above its estimated GF Value™ of kr5.46. GuruFocus considers Northern Ocean to be Significantly Overvalued.

Key valuation signals for OSTO:NOLO:

  • Total Operating Expense: kr80 Mil
  • GF Value™: kr5.46 vs. price of kr7.44 (36.3% above fair value)
  • GF Score™: 58/100 with 4 warning signs

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

Northern Ocean Business Description

Industry EnergyOil & Gas
Other Exchanges NTNOF:USANOL:Norway
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 a semi-submersible rig, Deepsea Mira. The company earns revenue mainly from drilling contracts for rigs.
58GF Score

Get the complete analysis for OSTO:NOLO

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

kr7.44
Price
kr5.46
GF Value