This company listing is no longer active
Norway Royal Salmon Balance Sheet Health
Financial Health criteria checks 3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Key information
42.1%
Debt to equity ratio
NOK 1.96b
Debt
| Interest coverage ratio | 5.2x |
| Cash | NOK 79.83m |
| Equity | NOK 4.66b |
| Total liabilities | NOK 4.15b |
| Total assets | NOK 8.81b |
Recent financial health updates
Recent updates
Here's Why Norway Royal Salmon (OB:NRS) Has A Meaningful Debt Burden
Jun 08
Estimating The Intrinsic Value Of Norway Royal Salmon AS (OB:NRS)
Feb 17Norway Royal Salmon AS (OB:NRS) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Jan 30
Did You Participate In Any Of Norway Royal Salmon's (OB:NRS) Fantastic 196% Return ?
Jan 12How Does Norway Royal Salmon AS (OB:NRS) Fare As A Dividend Stock?
Dec 21We're Not So Sure You Should Rely on Norway Royal Salmon's (OB:NRS) Statutory Earnings
Dec 07A Look At The Intrinsic Value Of Norway Royal Salmon AS (OB:NRS)
Nov 18Financial Position Analysis
Short Term
Long Term
Short Term Liabilities: NRS's short term assets (NOK2.5B) exceed its short term liabilities (NOK1.3B).
Long Term Liabilities: NRS's short term assets (NOK2.5B) do not cover its long term liabilities (NOK2.8B).
Debt to Equity History and Analysis
Debt Level: NRS's net debt to equity ratio (40.4%) is considered high.
Reducing Debt: NRS's debt to equity ratio has increased from 28.6% to 42.1% over the past 5 years.
Debt Coverage: NRS's debt is well covered by operating cash flow (34.6%).
Interest Coverage: NRS's interest payments on its debt are well covered by EBIT (5.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/11/08 01:20 |
| End of Day Share Price | 2022/11/07 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
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
Norway Royal Salmon AS is covered by 11 analysts. 5 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 |
|---|---|
| Vidar Strat | ABG Sundal Collier |
| Knut Løvstad | Beringer Finance AB |
| Niklas Ekman | Carnegie Investment Bank AB |