NorAm Drilling AS (OSL:NORAM)
Norway flag Norway · Delayed Price · Currency is NOK
47.50
-0.20 (-0.42%)
Aug 24, 2026, 4:25 PM CET

NorAm Drilling AS Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
101.53101.13103.1118.2995.4550.38
Revenue Growth
-2.24%-1.91%-12.85%23.94%89.44%-7.83%
Gross Profit
70.7271.5771.6989.7969.3533.99
Operating Income
11.613.834.2722.276.88-12.3
Net Income
12.2314.812.2519.232.98-18.83
Earnings Per Share
0.280.330.050.440.10-0.81
EPS Growth
118.56%560.00%-88.64%340.00%--

Revenue by Segment

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
Noram Drilling as
0.110.110.110.110.11
Noram Drilling Company
101.13103.1118.2995.4550.38
Sales Income from Other Segments
-0.11-0.11-0.11-0.11-0.11
Total
101.13103.1118.2995.4550.38

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
7.2810.398.3712.1413.112.78
Total Debt
-----80
Net Cash (Debt)
7.2810.398.3712.1413.1-67.22
Net Cash Growth
-39.64%24.15%-31.09%-7.32%--
Net Cash Per Share
0.170.230.190.280.46-2.87

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
14.4221.9721.546.5216.05-1.96
Capital Expenditures
-2.01-1.49-3.37-4.98-3.36-3.38
Free Cash Flow
12.4120.4818.1441.5412.69-5.34
Free Cash Flow Growth
-44.20%12.91%-56.34%227.41%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
69.66%70.77%69.53%75.90%72.66%67.47%
Operating Margin
11.42%13.67%4.15%18.83%7.21%-24.42%
Pretax Margin
11.71%14.01%4.32%19.13%3.16%-38.77%
Profit Margin
12.04%14.65%2.19%16.25%3.12%-37.38%
FCF Margin
12.22%20.25%17.59%35.12%13.29%-10.59%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
17.389.5756.599.0783.37-
Forward PE
9.998.4434.8811.248.51-
P/FCF Ratio
17.036.927.034.2019.57-
PS Ratio
2.081.401.241.482.600.47