Nordrest Holding Balance Sheet Health
Financial Health criteria checks 5/6
Nordrest Holding has a total shareholder equity of SEK179.7M and total debt of SEK48.5M, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are SEK712.0M and SEK532.3M respectively. Nordrest Holding's EBIT is SEK171.2M making its interest coverage ratio 11.4. It has cash and short-term investments of SEK231.3M.
Key information
27.01%
Debt to equity ratio
SEK 48.54m
Debt
| Interest coverage ratio | 11.4x |
| Cash | SEK 231.31m |
| Equity | SEK 179.73m |
| Total liabilities | SEK 532.29m |
| Total assets | SEK 712.02m |
Recent financial health updates
Here's Why Nordrest Holding (STO:NREST) Can Manage Its Debt Responsibly
Mar 04
Nordrest Holding (STO:NREST) Has A Rock Solid Balance Sheet
Nov 13Recent updates
Nordrest Holding's (STO:NREST) Promising Earnings May Rest On Soft Foundations
May 29New Forecasts: Here's What Analysts Think The Future Holds For Nordrest Holding AB (publ) (STO:NREST)
May 19Here's Why Nordrest Holding (STO:NREST) Can Manage Its Debt Responsibly
Mar 04Nordrest Holding (STO:NREST) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 19Nordrest Holding (STO:NREST) Has A Rock Solid Balance Sheet
Nov 13Financial Position Analysis
Short Term Liabilities: NREST's short term assets (SEK580.1M) exceed its short term liabilities (SEK404.6M).
Long Term Liabilities: NREST's short term assets (SEK580.1M) exceed its long term liabilities (SEK127.7M).
Debt to Equity History and Analysis
Debt Level: NREST has more cash than its total debt.
Reducing Debt: Insufficient data to determine if NREST's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NREST's debt is well covered by operating cash flow (276.9%).
Interest Coverage: NREST's interest payments on its debt are well covered by EBIT (11.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/03 08:45 |
| End of Day Share Price | 2025/07/03 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Nordrest Holding AB (publ) is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexander Siljeström | Pareto Securities |