Veidekke Balance Sheet Health
Financial Health criteria checks 5/6
Veidekke has a total shareholder equity of NOK2.5B and total debt of NOK377.0M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are NOK18.3B and NOK15.8B respectively. Veidekke's EBIT is NOK1.6B making its interest coverage ratio -21. It has cash and short-term investments of NOK1.3B.
Key information
14.91%
Debt to equity ratio
NOK 377.00m
Debt
| Interest coverage ratio | -21x |
| Cash | NOK 1.29b |
| Equity | NOK 2.53b |
| Total liabilities | NOK 15.76b |
| Total assets | NOK 18.29b |
Recent financial health updates
Here's Why Veidekke (OB:VEI) Can Manage Its Debt Responsibly
May 25
These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well
Sep 30Is Veidekke (OB:VEI) A Risky Investment?
Jun 13Recent updates
Veidekke's (OB:VEI) Earnings Offer More Than Meets The Eye
Aug 23kr150: That's What Analysts Think Veidekke ASA (OB:VEI) Is Worth After Its Latest Results
Aug 17When Should You Buy Veidekke ASA (OB:VEI)?
Jul 30Here's Why Veidekke (OB:VEI) Can Manage Its Debt Responsibly
May 25kr150: That's What Analysts Think Veidekke ASA (OB:VEI) Is Worth After Its Latest Results
May 11Veidekke (OB:VEI) Is Increasing Its Dividend To NOK9.00
May 08We Think Shareholders May Consider Being More Generous With Veidekke ASA's (OB:VEI) CEO Compensation Package
May 01Veidekke (OB:VEI) Is Increasing Its Dividend To NOK9.00
Apr 15Returns On Capital Are A Standout For Veidekke (OB:VEI)
Apr 09Veidekke (OB:VEI) Has Announced That It Will Be Increasing Its Dividend To NOK9.00
Mar 25Why Veidekke's (OB:VEI) Earnings Are Better Than They Seem
Feb 21Veidekke ASA (OB:VEI) Annual Results: Here's What Analysts Are Forecasting For This Year
Feb 16Analyst Estimates: Here's What Brokers Think Of Veidekke ASA (OB:VEI) After Its Third-Quarter Report
Nov 10Veidekke (OB:VEI) Knows How To Allocate Capital Effectively
Oct 02We Think Veidekke's (OB:VEI) Robust Earnings Are Conservative
Aug 22Earnings Beat: Veidekke ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 19Is Now The Time To Put Veidekke (OB:VEI) On Your Watchlist?
Jul 17Veidekke ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 11Here's Why Shareholders May Consider Paying Veidekke ASA's (OB:VEI) CEO A Little More
May 01Veidekke (OB:VEI) Will Pay A Larger Dividend Than Last Year At NOK7.90
Apr 26Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.90
Apr 05Veidekke's (OB:VEI) Dividend Will Be Increased To NOK7.90
Mar 22Is It Time To Consider Buying Veidekke ASA (OB:VEI)?
Mar 13Calculating The Fair Value Of Veidekke ASA (OB:VEI)
Feb 29Veidekke's (OB:VEI) Conservative Accounting Might Explain Soft Earnings
Feb 15Earnings Not Telling The Story For Veidekke ASA (OB:VEI)
Jan 05These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well
Sep 30Should You Think About Buying Veidekke ASA (OB:VEI) Now?
Jul 01Is Veidekke (OB:VEI) A Risky Investment?
Jun 13Does Veidekke (OB:VEI) Deserve A Spot On Your Watchlist?
May 18Veidekke ASA's (OB:VEI) Intrinsic Value Is Potentially 25% Below Its Share Price
Apr 14Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.75
Feb 11Investors Should Be Encouraged By Veidekke's (OB:VEI) Returns On Capital
Feb 03Should You Think About Buying Veidekke ASA (OB:VEI) Now?
Jan 10Financial Position Analysis
Short Term Liabilities: VEI's short term assets (NOK9.8B) do not cover its short term liabilities (NOK13.0B).
Long Term Liabilities: VEI's short term assets (NOK9.8B) exceed its long term liabilities (NOK2.7B).
Debt to Equity History and Analysis
Debt Level: VEI has more cash than its total debt.
Reducing Debt: VEI's debt to equity ratio has reduced from 55.8% to 14.9% over the past 5 years.
Debt Coverage: VEI's debt is well covered by operating cash flow (661.5%).
Interest Coverage: VEI earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/05 00:41 |
| End of Day Share Price | 2025/10/03 00:00 |
| Earnings | 2025/06/30 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Veidekke ASA is covered by 10 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 |
|---|---|
| null null | ABG Sundal Collier |
| Magnus Granerød | Beringer Finance AB |
| Mikkel Nyholt-Smedseng | Carnegie Investment Bank AB |