Northern Ocean (Norway) Management Evaluation
| NOL Stock | NOK 8.30 0.05 0.61% |
Northern Ocean employs about 3 people. The company is managed by 4 executives with a total tenure of roughly 7 years, averaging almost 1.0 years of service per executive, having 0.75 employees per reported executive. Inspection of Northern Ocean's management performance can provide insight into the company performance.
| Scott McReaken Insider Chief Officer |
| Jonas Ytreland Insider Chief Officer |
Northern |
Northern Ocean Management Team Effectiveness
The company has return on total asset (ROA) of (0.0297) % which means that it has lost $0.0297 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0411) %, meaning that it generated substantial loss on money invested by shareholders. Northern Ocean's management efficiency ratios could be used to measure how well Northern Ocean manages its routine affairs as well as how well it operates its assets and liabilities.Northern Ocean Workforce Comparison
Northern Ocean is considered to be number one stock in number of employees category among its peers. The total workforce of Oil & Gas Drilling industry is now estimated at about 13,873. Northern Ocean adds roughly 3.0 in number of employees claiming only tiny portion of all equities under Oil & Gas Drilling industry.
The company has Profit Margin (PM) of (0.66) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.68) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.68. Northern Ocean Benchmark Summation
Operator |
The output start index for this execution was zero with a total number of output elements of sixty-one. Northern Ocean Price Series Summation is a cross summation of Northern Ocean price series and its benchmark/peer.
Northern Ocean Notable Stakeholders
A Northern Ocean stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Northern Ocean often face trade-offs trying to please all of them. Northern Ocean's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Northern Ocean's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
| Scott McReaken | Chief Officer | Profile | |
| Jonas Ytreland | Chief Officer | Profile | |
| Michael Ferguson | Director Operations | Profile | |
| Olav Sirevag | Chief Officer | Profile |
About Northern Ocean Management Performance
The success or failure of an entity such as Northern Ocean often depends on how effective the management is. Northern Ocean management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Northern management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Northern management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Northern Ocean Ltd., together with its subsidiaries, provides offshore contract drilling services for the oil and gas industry worldwide. The company was incorporated in 2017 and is based in Hamilton, Bermuda. NORTHERN OCEAN is traded on Oslo Stock Exchange in Norway.
Northern Ocean Workforce Analysis
Traditionally, organizations such as Northern Ocean use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Northern Ocean within its industry.Northern Ocean Manpower Efficiency
Return on Northern Ocean Manpower
| Revenue Per Employee | 22.6M | |
| Revenue Per Executive | 16.9M | |
| Net Loss Per Employee | 3.7M | |
| Net Loss Per Executive | 2.8M |
Other Information on Investing in Northern Stock
Northern Ocean financial ratios help investors to determine whether Northern Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Northern with respect to the benefits of owning Northern Ocean security.