Andfjord Salmon Balance Sheet Health
Financial Health criteria checks 3/6
Andfjord Salmon has a total shareholder equity of NOK993.7M and total debt of NOK67.6M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are NOK1.2B and NOK219.2M respectively.
Key information
6.8%
Debt to equity ratio
kr67.63m
Debt
| Interest coverage ratio | n/a |
| Cash | kr250.03m |
| Equity | kr993.69m |
| Total liabilities | kr219.18m |
| Total assets | kr1.21b |
Financial Position Analysis
Short Term Liabilities: ANDF's short term assets (NOK304.1M) exceed its short term liabilities (NOK149.9M).
Long Term Liabilities: ANDF's short term assets (NOK304.1M) exceed its long term liabilities (NOK69.3M).
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 6.8% 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 21.6% each year