DOF Group ASA/Nkr DOFG

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About DOF Group ASA

DOF Group ASA operates in the offshore services sector, providing integrated services to the oil and gas industry. The company's core business includes vessel chartering and subsea services, utilizing a modern fleet of platform supply vessels, anchor handling tug supply vessels, and specialized subsea vessels. Founded in 1981, DOF Group is headquartered in Storebø, Norway. The company has a significant global presence, with operations that support major oil and gas regions worldwide. Its strategic strength lies in its advanced fleet capabilities and comprehensive service offerings, which cover every stage of oil and gas production.
Ticker
Nkr DOFG
Sector
Energy
Primary listing
XOSL
Employees
5,905
Headquarters
Storebø, Norway

DOF Group ASA Metrics

BasicAdvanced
kr 33B
7.48
kr 17.99
-0.06
kr 13.86
10.55%

Bulls say / Bears say

DOF Group signed two subsea service contracts in the APAC region, each valued between USD 25 million and 50 million, underscoring strong demand for its integrated offshore services and bolstering its multi-year backlog (Reuters via TradingView) (tradingview.com)
DOF secured firm contracts for two AHTS vessels in the CARICOM region with a combined duration of 150 days and values between USD 15 million and 25 million, diversifying its geographic exposure and enhancing near-term revenue visibility (Reuters via TradingView) (tradingview.com)
DOF was awarded a three-year "Very Large" contract for the DP3 vessel Skandi Involver in North America commencing Q3 2026, strengthening its leadership in the field development support segment and securing long-term charter revenues (company disclosure) (dof.com)
Q2 underlying EBITDA before net of gain on sales and insurance settlement was USD 238 million, up only 11% year-on-year, indicating modest core EBITDA growth excluding the one-off USD 110 million insurance settlement on Skandi Amazonas (company release) (dof.com)
Q1 net cash from operating activities was only USD 33 million, while net cash used in investing and financing activities totaled USD -80 million and USD -114 million respectively, highlighting cash flow pressure to fund fleet investments and dividends (Q1 presentation) (mb.cision.com)
Q1 working capital build-up of USD 85 million led to a negative free cash flow conversion of -27%, reflecting seasonal and operational liquidity constraints that may recur as activity ramps up (Q1 presentation) (mb.cision.com)
Data summarised monthly by Lightyear AI. Last updated on 27 Aug 2026.

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Market data provided by CBOE Europe and Deutsche Börse.