(DNO) Dno ASA - OL
Sector: Energy | Industry: Oil & Gas E&P | Exchange: OL (Norway) | Market Cap: 16.965m NOK | Total Return: 34.9% in 12m
Avg Turnover: 51.6M
Qual. Beats: 0
Rev. Trend: 61.0%
Qual. Beats: -4
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
DNO ASA is a Norwegian oil and gas company headquartered in Oslo, specializing in the exploration, development, and production of hydrocarbon assets across the Middle East, the North Sea, and West Africa. The company operates a geographically diverse portfolio, with core production interests in the Kurdistan region of Iraq, offshore licenses in Norway and the United Kingdom, and a stake in Block CI-27 in Côte dIvoire.
The company operates within the upstream sector of the energy industry, which is characterized by high capital intensity and sensitivity to global crude oil price fluctuations. DNO’s business model relies on securing licenses for specific geological formations-such as Cretaceous and Jurassic reservoirs-and managing the technical lifecycle of these fields from initial discovery through to decommissioning.
- Resumption of Iraq-Turkey pipeline exports impacts Kurdistan revenue realization
- North Sea exploration success and development projects drive production growth
- Brent crude price volatility dictates operating cash flow and margins
- Capital allocation balance between dividend payouts and M&A activity
| Net Income: 29.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA -1.49 > 1.0 |
| NWC/Revenue: -6.23% < 20% (prev 180.1%; Δ -186.3% < -1%) |
| CFO/TA 0.21 > 3% & CFO 1.33b > Net Income 29.0m |
| Net Debt (-485.2m) to EBITDA (1.17b): -0.42 < 3 |
| Current Ratio: 0.92 > 1.5 & < 3 |
| Outstanding Shares: last quarter (975.0m) vs 12m ago 0.0% < -2% |
| Gross Margin: 44.89% > 18% (prev 37.38%; Δ 7.50% > 0.5%) |
| Asset Turnover: 38.58% > 50% (prev 18.12%; Δ 20.46% > 0%) |
| Interest Coverage Ratio: 20.56 > 6 (EBIT TTM 764.7m / Interest Expense TTM 37.2m) |
| A: -0.02 (Total Current Assets 1.33b - Total Current Liabilities 1.45b) / Total Assets 6.21b |
| B: 0.09 (Retained Earnings 550.7m / Total Assets 6.21b) |
| C: 0.15 (EBIT TTM 764.7m / Avg Total Assets 4.96b) |
| D: 0.27 (Book Value of Equity 1.33b / Total Liabilities 4.89b) |
| Altman-Z'' = 1.48 = BB |
| DSRI: 0.40 (Receivables 220.5m/193.6m, Revenue 1.91b/671.7m) |
| GMI: 0.83 (GM 37.38% / 44.89%) |
| AQI: 1.89 (AQ_t 0.30 / AQ_t-1 0.16) |
| SGI: 2.85 (Revenue 1.91b / 671.7m) |
| TATA: -0.21 (NI 29.0m - CFO 1.33b) / TA 6.21b) |
| Beneish M = -1.84 (Cap -4..+1) = B |
As of June 20, 2026, the stock is trading at NOK 17.43 with a total of 3,850,406 shares traded.
Over the past week, the price has changed by -12.15%,
over one month by -13.45%,
over three months by -8.03% and
over the past year by +34.88%.
Dno ASA has no consensus analysts rating.
Market Cap USD = 1.78b (17.0b NOK * 0.1052 NOK.USD)
P/E Forward = 5.4437
P/S = 8.865
P/B = 1.3506
P/EG = 0.7437
Revenue TTM = 1.91b USD
EBIT TTM = 764.7m USD
EBITDA TTM = 1.17b USD
Long Term Debt = 989.8m USD (from longTermDebt, last quarter)
Short Term Debt = 321.3m USD (from shortLongTermDebt, last quarter)
Debt = 46.2m USD (Leases only: 46.2m)
Net Debt = -485.2m USD (calculated: Debt 46.2m - CCE 531.4m)
Enterprise Value = 1.30b USD (1.78b + Debt 46.2m - CCE 531.4m)
Interest Coverage Ratio = 20.56 (Ebit TTM 764.7m / Interest Expense TTM 37.2m)
EV/FCF = -46.08x (Enterprise Value 1.30b / FCF TTM -28.2m)
FCF Yield = -2.17% (FCF TTM -28.2m / Enterprise Value 1.30b)
FCF Margin = -1.47% (FCF TTM -28.2m / Revenue TTM 1.91b)
Net Margin = 1.52% (Net Income TTM 29.0m / Revenue TTM 1.91b)
Gross Margin = 44.89% ((Revenue TTM 1.91b - Cost of Revenue TTM 1.05b) / Revenue TTM)
Gross Margin QoQ = 52.11% (prev 38.52%)
Tobins Q-Ratio = 0.21 (Enterprise Value 1.30b / Total Assets 6.21b)
Interest Expense / Debt = 80.52% (Interest Expense 37.2m / Debt 46.2m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 604.1m (EBIT 764.7m * (1 - 21.00%))
Current Ratio = 0.92 (Total Current Assets 1.33b / Total Current Liabilities 1.45b)
Debt / Equity = 0.03 (Debt 46.2m / totalStockholderEquity, last quarter 1.33b)
Debt / EBITDA = -0.42 (Net Debt -485.2m / EBITDA 1.17b)
Debt / FCF = 17.21 (negative FCF - burning cash) (Net Debt -485.2m / FCF TTM -28.2m)
Total Stockholder Equity = 1.38b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.58% (Net Income 29.0m / Total Assets 6.21b)
RoE = 2.11% (Net Income TTM 29.0m / Total Stockholder Equity 1.38b)
RoCE = 32.33% (EBIT 764.7m / Capital Employed (Equity 1.38b + L.T.Debt 989.8m))
RoIC = 12.95% (NOPAT 604.1m / Invested Capital 4.67b)
WACC = 6.27% (E(1.78b)/V(1.83b) * Re(6.43%) + (debt cost/tax rate unavailable))
Discount Rate = 6.43% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -3.62 | Cagr: -0.02%
[DCF] Fair Price = unknown (Cash Flow -28.2m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.06 | # QB: 0
Revenue Correlation: 61.05 | Revenue CAGR: 28.65% | SUE: -1.15 | # QB: -4
EPS current Quarter (2026-06-30): EPS=0.84 | Chg30d=+78.27% | Revisions=-20% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.89 | Chg30d=-6.43% | Revisions=-20% | Analysts=3
EPS current Year (2026-12-31): EPS=3.24 | Chg30d=-7.17% | Revisions=-33% | GrowthEPS=+433.1% | GrowthRev=+77.2%
EPS next Year (2027-12-31): EPS=4.09 | Chg30d=+5.63% | Revisions=+33% | GrowthEPS=+26.2% | GrowthRev=+0.3%
[Analyst] Revisions Ratio: -33%