Northern Ocean Ratios and Metrics

Market cap in millions NOK. Fiscal year is January - December.

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 3, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	2,702	2,338	1,998	1,734	433	849
Market Cap Growth	15.56%	16.98%	15.22%	300.37%	-48.95%	-72.71%
Enterprise Value	7,665	6,999	7,512	6,413	4,465	4,787
Last Close Price	8.91	7.71	10.94	9.55	6.31	12.37
Forward PE	-	-	-	40.04	-	4.91
PS Ratio	1.21	0.81	0.91	8.13	0.85	1.13
PB Ratio	0.68	0.46	0.45	0.35	0.10	0.20
P/TBV Ratio	0.68	0.46	0.45	0.35	0.10	0.20
P/OCF Ratio	152.91	-	-	-	-	6.83
EV/Sales Ratio	3.43	2.44	3.41	30.05	8.73	6.39
EV/EBITDA Ratio	15.17	15.51	38.37	-	-	94.71
Debt / Equity Ratio	1.37	1.19	1.24	0.95	0.95	0.92
Debt / EBITDA Ratio	10.69	13.37	28.06	-	-	79.29
Asset Turnover	0.21	0.24	0.21	0.02	0.06	0.08
Quick Ratio	0.18	1.47	0.65	1.14	0.57	0.17
Current Ratio	0.26	1.53	0.84	1.70	1.22	0.18
Return on Equity (ROE)	-15.45%	-14.87%	-15.03%	-18.53%	-2.20%	-6.95%
Return on Assets (ROA)	-0.38%	-0.61%	-1.40%	-3.94%	-2.96%	-1.32%
Return on Capital Employed (ROCE)	-1.00%	-1.10%	-2.60%	-6.60%	-5.20%	-3.00%
Earnings Yield	-24.41%	-31.91%	-35.97%	-52.76%	-22.42%	-36.88%
FCF Yield	-19.84%	-36.37%	-40.37%	-32.66%	-44.77%	-27.07%
Buyback Yield / Dilution	-67.32%	-55.11%	-58.02%	-81.02%	-0.02%	-1247.22%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.