Andfjord Salmon Group Balance Sheet Health
Financial Health criteria checks 3/6
Andfjord Salmon Group has a total shareholder equity of NOK978.8M and total debt of NOK65.3M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are NOK1.2B and NOK175.7M respectively.
Key information
6.7%
Debt to equity ratio
kr65.29m
Debt
Interest coverage ratio | n/a |
Cash | kr51.43m |
Equity | kr978.82m |
Total liabilities | kr175.73m |
Total assets | kr1.15b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 50R's short term assets (NOK55.8M) do not cover its short term liabilities (NOK109.7M).
Long Term Liabilities: 50R's short term assets (NOK55.8M) do not cover its long term liabilities (NOK66.0M).
Debt to Equity History and Analysis
Debt Level: 50R's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: 50R's debt to equity ratio has increased from 0% to 6.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 50R has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 50R is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.