Northern Ocean Ltd.
NTNOF · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Assets | – | – | – | – |
| Cash & Equivalents | $42,751 | $54,350 | $67,494 | $5,461 |
| Short-Term Investments | $0 | $0 | $0 | $0 |
| Receivables | $54,966 | $48,037 | $20,107 | $3,514 |
| Inventory | $344 | $0 | $485 | $0 |
| Other Curr. Assets | $4,439 | $29,800 | $46,714 | $14,789 |
| Total Curr. Assets | $102,500 | $132,187 | $134,800 | $23,764 |
| Property Plant & Equip (Net) | $929,067 | $923,593 | $917,712 | $953,755 |
| Goodwill | $0 | $0 | $0 | $0 |
| Intangibles | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 |
| Tax Assets | $0 | $0 | $0 | $35 |
| Other NC Assets | $0 | $0 | $1,270 | $0 |
| Total NC Assets | $929,067 | $923,593 | $918,982 | $953,790 |
| Other Assets | $0 | $0 | $0 | $0 |
| Total Assets | $1,031,567 | $1,055,780 | $1,053,782 | $977,554 |
| Liabilities | – | – | – | – |
| Payables | $12,586 | $5,171 | $7,662 | $2,332 |
| Short-Term Debt | $15,067 | $83,810 | $20,166 | $10,000 |
| Tax Payable | $3,883 | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 | $0 |
| Other Curr. Liab. | $35,416 | $69,242 | $51,527 | $7,125 |
| Total Curr. Liab. | $66,952 | $158,223 | $79,355 | $19,457 |
| LT Debt | $515,846 | $457,947 | $461,391 | $459,531 |
| Deferred Rev, NC | $2,605 | $2,715 | $6,237 | $2,934 |
| Deferred Tax Liab, NC | $0 | $0 | $0 | $0 |
| Other NC Liab. | $0 | $0 | $0 | $0 |
| Total NC Liab. | $518,451 | $460,662 | $467,628 | $462,465 |
| Other Liabilities | $0 | $0 | $0 | $0 |
| Cap. Leases | $117 | $106 | $360 | $0 |
| Total Liabilities | $585,403 | $618,885 | $546,983 | $481,922 |
| Equity | – | – | – | – |
| Pref Stock | $0 | $0 | $0 | $0 |
| Common Stock | $151,608 | $91,339 | $90,809 | $63,803 |
| Retained Earnings | -$285,604 | -$219,947 | -$149,049 | -$56,159 |
| AOCI | -$54 | $0 | $0 | $0 |
| Other Equity | $580,214 | $565,503 | $565,039 | $487,988 |
| Total Equity | $446,164 | $436,895 | $506,799 | $495,632 |
| Supplemental Information | – | – | – | – |
| Minority Interest | $0 | $0 | $0 | $0 |
| Total Liab. & Tot. Equity | $1,031,567 | $1,055,780 | $1,053,782 | $977,554 |
| Net Debt | $488,162 | $487,407 | $414,063 | $464,070 |