Nordisk Bergteknik Balance Sheet Health
Financial Health criteria checks 3/6
Nordisk Bergteknik has a total shareholder equity of SEK1.2B and total debt of SEK1.2B, which brings its debt-to-equity ratio to 101.6%. Its total assets and total liabilities are SEK3.5B and SEK2.3B respectively. Nordisk Bergteknik's EBIT is SEK86.7M making its interest coverage ratio 1. It has cash and short-term investments of SEK17.0M.
Key information
101.6%
Debt to equity ratio
SEK 1.24b
Debt
| Interest coverage ratio | 1x |
| Cash | SEK 17.00m |
| Equity | SEK 1.22b |
| Total liabilities | SEK 2.27b |
| Total assets | SEK 3.49b |
Recent financial health updates
Recent updates
Nordisk Bergteknik's (STO:NORB B) Anemic Earnings Might Be Worse Than You Think
Nov 11
Nordisk Bergteknik AB (publ) (STO:NORB B) Just Reported, And Analysts Assigned A kr15.00 Price Target
Nov 07Nordisk Bergteknik AB (publ) Just Recorded A 62% EPS Beat: Here's What Analysts Are Forecasting Next
Aug 18Investors Appear Satisfied With Nordisk Bergteknik AB (publ)'s (STO:NORB B) Prospects As Shares Rocket 28%
Jun 06Weak Statutory Earnings May Not Tell The Whole Story For Nordisk Bergteknik (STO:NORB B)
Feb 21Is Nordisk Bergteknik (STO:NORB B) Using Too Much Debt?
Feb 14Nordisk Bergteknik AB (publ) (STO:NORB B) Held Back By Insufficient Growth Even After Shares Climb 35%
Dec 18Nordisk Bergteknik AB (publ)'s (STO:NORB B) Price Is Right But Growth Is Lacking
Sep 30The Consensus EPS Estimates For Nordisk Bergteknik AB (publ) (STO:NORB B) Just Fell A Lot
Aug 20Are Investors Undervaluing Nordisk Bergteknik AB (publ) (STO:NORB B) By 39%?
Jul 01The Return Trends At Nordisk Bergteknik (STO:NORB B) Look Promising
Apr 27Nordisk Bergteknik (STO:NORB B) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 24Investors Will Want Nordisk Bergteknik's (STO:NORB B) Growth In ROCE To Persist
Oct 19News Flash: Analysts Just Made A Notable Upgrade To Their Nordisk Bergteknik AB (publ) (STO:NORB B) Forecasts
Aug 25Estimating The Fair Value Of Nordisk Bergteknik AB (publ) (STO:NORB B)
Apr 15Nordisk Bergteknik AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Feb 20Financial Position Analysis
Short Term Liabilities: NORB B's short term assets (SEK1.2B) exceed its short term liabilities (SEK832.0M).
Long Term Liabilities: NORB B's short term assets (SEK1.2B) do not cover its long term liabilities (SEK1.4B).
Debt to Equity History and Analysis
Debt Level: NORB B's net debt to equity ratio (100.2%) is considered high.
Reducing Debt: NORB B's debt to equity ratio has reduced from 570.5% to 101.6% over the past 5 years.
Debt Coverage: NORB B's debt is well covered by operating cash flow (27.7%).
Interest Coverage: NORB B's interest payments on its debt are not well covered by EBIT (1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 16:34 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Nordisk Bergteknik AB (publ) is covered by 2 analysts. 2 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 |
|---|---|
| Robin Nyberg | Carnegie Investment Bank AB |
| Gustav Berneblad | Nordea Markets |