AKVA group Balance Sheet Health
Financial Health criteria checks 4/6
AKVA group has a total shareholder equity of NOK1.3B and total debt of NOK1.1B, which brings its debt-to-equity ratio to 81.9%. Its total assets and total liabilities are NOK4.1B and NOK2.8B respectively. AKVA group's EBIT is NOK217.1M making its interest coverage ratio 2.2. It has cash and short-term investments of NOK194.9M.
Key information
81.91%
Debt to equity ratio
NOK 1.08b
Debt
| Interest coverage ratio | 2.2x |
| Cash | NOK 194.87m |
| Equity | NOK 1.32b |
| Total liabilities | NOK 2.83b |
| Total assets | NOK 4.15b |
Recent financial health updates
Is AKVA group (OB:AKVA) A Risky Investment?
Apr 08
We Think AKVA group (OB:AKVA) Has A Fair Chunk Of Debt
Oct 03Recent updates
We Think Some Shareholders May Hesitate To Increase AKVA group ASA's (OB:AKVA) CEO Compensation
May 16The Return Trends At AKVA group (OB:AKVA) Look Promising
May 09AKVA group's (OB:AKVA) Earnings Are Of Questionable Quality
Apr 14Is AKVA group (OB:AKVA) A Risky Investment?
Apr 08AKVA group ASA (OB:AKVA) Just Reported And Analysts Have Been Lifting Their Price Targets
Feb 19
Contract With Cermaq And Observe Technologies Acquisition Will Drive Digital And Land-Based Expansion
Feb 11 New contracts and acquisitions are expected to enhance AKVA's growth and profit margins in both Land Based and Digital segments.Why Investors Shouldn't Be Surprised By AKVA group ASA's (OB:AKVA) 25% Share Price Plunge
Sep 13AKVA group (OB:AKVA) Will Be Looking To Turn Around Its Returns
Aug 10We Discuss Why AKVA group ASA's (OB:AKVA) CEO Compensation May Be Closely Reviewed
Apr 26Subdued Growth No Barrier To AKVA group ASA (OB:AKVA) With Shares Advancing 27%
Mar 15Returns On Capital Signal Tricky Times Ahead For AKVA group (OB:AKVA)
Jan 10We Think AKVA group (OB:AKVA) Has A Fair Chunk Of Debt
Oct 03Investors Who Bought AKVA Group (OB:AKVA) Shares Five Years Ago Are Now Up 74%
Dec 21
Financial Position Analysis
Short Term Liabilities: AKVA's short term assets (NOK1.7B) exceed its short term liabilities (NOK1.3B).
Long Term Liabilities: AKVA's short term assets (NOK1.7B) exceed its long term liabilities (NOK1.5B).
Debt to Equity History and Analysis
Debt Level: AKVA's net debt to equity ratio (67.1%) is considered high.
Reducing Debt: AKVA's debt to equity ratio has reduced from 90.2% to 81.9% over the past 5 years.
Debt Coverage: AKVA's debt is well covered by operating cash flow (33.5%).
Interest Coverage: AKVA's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/18 16:01 |
| End of Day Share Price | 2025/05/16 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
AKVA group ASA is covered by 5 analysts. 3 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 |
|---|---|
| Knut Løvstad | Beringer Finance AB |
| Ola Trovatn | DNB Markets |
| Mindaugas Cekanavicius | Norne Securities AS |