NorAm Drilling AS (OSL:NORAM)
Norway flag Norway · Delayed Price · Currency is NOK
47.15
+0.25 (0.53%)
Sep 14, 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 EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
105.98101.13103.1118.2995.4550.38
Revenue Growth
2.04%-1.91%-12.85%23.94%89.44%-7.83%
Gross Profit
74.5771.5771.6989.7969.3533.99
Operating Income
12.6113.834.2722.276.88-12.3
Net Income
12.7914.812.2519.232.98-18.83
Earnings Per Share
0.280.330.050.440.10-0.81
EPS Growth
34.88%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 EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
8.1110.398.3712.1413.112.78
Total Debt
-----80
Net Cash (Debt)
8.1110.398.3712.1413.1-67.22
Net Cash Growth
7.45%24.15%-31.09%-7.32%--
Net Cash Per Share
0.180.230.190.280.46-2.87

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
19.7221.9721.546.5216.05-1.96
Capital Expenditures
-2.36-1.49-3.37-4.98-3.36-3.38
Free Cash Flow
17.3520.4818.1441.5412.69-5.34
Free Cash Flow Growth
-2.01%12.91%-56.34%227.41%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
70.36%70.77%69.53%75.90%72.66%67.47%
Operating Margin
11.90%13.67%4.15%18.83%7.21%-24.42%
Pretax Margin
12.11%14.01%4.32%19.13%3.16%-38.77%
Profit Margin
12.07%14.65%2.19%16.25%3.12%-37.38%
FCF Margin
16.38%20.25%17.59%35.12%13.29%-10.59%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
16.929.5756.599.0783.37-
Forward PE
9.338.4434.8811.248.51-
P/FCF Ratio
11.896.927.034.2019.57-
PS Ratio
1.951.401.241.482.600.47