Olav Thon Eiendomsselskap Balance Sheet Health
Financial Health criteria checks 2/6
Olav Thon Eiendomsselskap has a total shareholder equity of NOK32.5B and total debt of NOK22.1B, which brings its debt-to-equity ratio to 68%. Its total assets and total liabilities are NOK64.3B and NOK31.8B respectively. Olav Thon Eiendomsselskap's EBIT is NOK3.3B making its interest coverage ratio 3.1. It has cash and short-term investments of NOK132.0M.
Key information
67.98%
Debt to equity ratio
NOK 22.08b
Debt
| Interest coverage ratio | 3.1x |
| Cash | NOK 132.00m |
| Equity | NOK 32.48b |
| Total liabilities | NOK 31.78b |
| Total assets | NOK 64.25b |
Recent financial health updates
Olav Thon Eiendomsselskap (OB:OLT) Has A Somewhat Strained Balance Sheet
Jun 21We Think Olav Thon Eiendomsselskap (OB:OLT) Is Taking Some Risk With Its Debt
Jan 09These 4 Measures Indicate That Olav Thon Eiendomsselskap (OB:OLT) Is Using Debt Extensively
Mar 03Is Olav Thon Eiendomsselskap (OB:OLT) Using Too Much Debt?
Sep 23Olav Thon Eiendomsselskap (OB:OLT) Has A Somewhat Strained Balance Sheet
May 31Recent updates
Financial Position Analysis
Short Term Liabilities: OLT's short term assets (NOK1.4B) do not cover its short term liabilities (NOK6.6B).
Long Term Liabilities: OLT's short term assets (NOK1.4B) do not cover its long term liabilities (NOK25.1B).
Debt to Equity History and Analysis
Debt Level: OLT's net debt to equity ratio (67.6%) is considered high.
Reducing Debt: OLT's debt to equity ratio has reduced from 87.5% to 68% over the past 5 years.
Debt Coverage: OLT's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: OLT's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/18 11:08 |
| End of Day Share Price | 2025/11/18 00:00 |
| Earnings | 2025/09/30 |
| 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 |
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| 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
Olav Thon Eiendomsselskap ASA is covered by 6 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 |
| Hans Rettedal Christiansen | Carnegie Investment Bank AB |
| Simen Mortensen | DNB Carnegie |