Andfjord Salmon Group Balance Sheet Health
Financial Health criteria checks 3/6
Andfjord Salmon Group has a total shareholder equity of NOK1.3B and total debt of NOK226.0M, which brings its debt-to-equity ratio to 17.6%. Its total assets and total liabilities are NOK1.8B and NOK500.2M respectively.
Key information
17.6%
Debt to equity ratio
NOK 225.99m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 228.04m |
| Equity | NOK 1.29b |
| Total liabilities | NOK 500.16m |
| Total assets | NOK 1.79b |
Financial Position Analysis
Short Term Liabilities: ANDF's short term assets (NOK312.4M) exceed its short term liabilities (NOK274.0M).
Long Term Liabilities: ANDF's short term assets (NOK312.4M) exceed its long term liabilities (NOK226.2M).
Debt to Equity History and Analysis
Debt Level: ANDF has more cash than its total debt.
Reducing Debt: ANDF's debt to equity ratio has increased from 0% to 17.6% 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: ANDF has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ANDF has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.8% each year