Northern Ocean Ltd.
NTNOF · OTC
9/30/2025 | 6/30/2025 | 3/31/2025 | 12/31/2024 | |
|---|---|---|---|---|
| Assets | – | – | – | – |
| Cash & Equivalents | $43,774 | $28,116 | $58,000 | $42,751 |
| Short-Term Investments | $0 | $35 | $0 | $0 |
| Receivables | $22,027 | $48,100 | $36,795 | $54,966 |
| Inventory | $0 | $0 | $921 | $344 |
| Other Curr. Assets | $38,115 | $26,021 | $7,255 | $4,404 |
| Total Curr. Assets | $103,951 | $102,272 | $103,006 | $102,500 |
| Property Plant & Equip (Net) | $926,936 | $937,258 | $933,772 | $929,067 |
| Goodwill | $0 | $0 | $0 | $0 |
| Intangibles | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 |
| Tax Assets | $0 | $0 | $0 | $0 |
| Other NC Assets | $26,570 | $28,460 | $11,058 | $0 |
| Total NC Assets | $953,506 | $965,718 | $944,830 | $929,067 |
| Other Assets | $0 | $1 | $0 | $0 |
| Total Assets | $1,057,457 | $1,067,991 | $1,047,836 | $1,031,567 |
| Liabilities | – | – | – | – |
| Payables | $24,743 | $20,250 | $8,436 | $12,586 |
| Short-Term Debt | $291,992 | $299,311 | $22,437 | $14,950 |
| Tax Payable | $2,699 | $2,698 | $3,994 | $3,883 |
| Deferred Revenue | $0 | $0 | $0 | $0 |
| Other Curr. Liab. | $42,762 | $42,789 | $24,790 | $15,972 |
| Total Curr. Liab. | $393,689 | $383,434 | $77,017 | $66,952 |
| LT Debt | $248,734 | $248,734 | $516,927 | $515,846 |
| Deferred Rev, NC | $20,028 | $15,964 | $18,866 | $2,605 |
| Deferred Tax Liab, NC | $0 | $0 | $0 | $0 |
| Other NC Liab. | $0 | $0 | $0 | $0 |
| Total NC Liab. | $268,762 | $264,698 | $535,793 | $518,451 |
| Other Liabilities | $0 | $0 | $0 | $0 |
| Cap. Leases | $35 | $39 | $69 | $117 |
| Total Liabilities | $662,451 | $648,132 | $612,810 | $585,403 |
| Equity | – | – | – | – |
| Pref Stock | $0 | $0 | $0 | $0 |
| Common Stock | $151,608 | $151,608 | $151,608 | $151,608 |
| Retained Earnings | -$337,797 | -$311,909 | -$296,846 | -$285,604 |
| AOCI | $0 | $0 | $0 | $0 |
| Other Equity | $376 | -$465 | -$156 | -$54 |
| Total Equity | $395,006 | $419,859 | $435,026 | $446,164 |
| Supplemental Information | – | – | – | – |
| Minority Interest | $0 | $0 | $0 | $0 |
| Total Liab. & Tot. Equity | $1,057,457 | $1,067,991 | $1,047,836 | $1,031,567 |
| Net Debt | $496,952 | $519,929 | $481,364 | $488,045 |