Nordic LEVEL Group AB (publ.) Balance Sheet Health
Financial Health criteria checks 3/6
Nordic LEVEL Group AB (publ.) has a total shareholder equity of SEK200.7M and total debt of SEK72.9M, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are SEK389.6M and SEK188.9M respectively.
Key information
36.3%
Debt to equity ratio
SEK 72.93m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 15.64m |
| Equity | SEK 200.69m |
| Total liabilities | SEK 188.91m |
| Total assets | SEK 389.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9T2's short term assets (SEK141.1M) do not cover its short term liabilities (SEK147.6M).
Long Term Liabilities: 9T2's short term assets (SEK141.1M) exceed its long term liabilities (SEK41.3M).
Debt to Equity History and Analysis
Debt Level: 9T2's net debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: 9T2's debt to equity ratio has reduced from 40.2% to 36.3% 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: 9T2 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 9T2 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.