Norcod Financial Health
How is Norcod's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: NCOD's short term assets (NOK350.4M) exceed its short term liabilities (NOK109.0M).
Long Term Liabilities: NCOD's short term assets (NOK350.4M) exceed its long term liabilities (NOK148.8M).
Debt to Equity History and Analysis
Debt Level: NCOD's net debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NCOD's debt to equity ratio has reduced over the past 5 years.
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: NCOD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NCOD has less than a year of cash runway if free cash flow continues to grow at historical rates of 66.7% each year.