Nordic LEVEL Group AB (publ.) Balance Sheet Health
Financial Health criteria checks 5/6
Nordic LEVEL Group AB (publ.) has a total shareholder equity of SEK189.9M and total debt of SEK65.0M, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are SEK357.9M and SEK168.0M respectively.
Key information
34.3%
Debt to equity ratio
SEK 65.05m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 11.72m |
| Equity | SEK 189.88m |
| Total liabilities | SEK 168.02m |
| Total assets | SEK 357.89m |
Recent financial health updates
Nordic LEVEL Group AB (publ.) (STO:LEVEL) Is Making Moderate Use Of Debt
Nov 16
Does Nordic LEVEL Group AB (publ.) (STO:LEVEL) Have A Healthy Balance Sheet?
Jun 05Is Nordic LEVEL Group AB (publ.) (STO:LEVEL) A Risky Investment?
Feb 14Is Confidence International AB (publ.) (STO:CONF) A Risky Investment?
Aug 01Is Confidence International AB (publ.) (STO:CONF) A Risky Investment?
Mar 22Recent updates
Investors Continue Waiting On Sidelines For Nordic LEVEL Group AB (publ.) (STO:LEVEL)
Dec 26Nordic LEVEL Group AB (publ.) (STO:LEVEL) Is Making Moderate Use Of Debt
Nov 16There's Been No Shortage Of Growth Recently For Nordic LEVEL Group AB (publ.)'s (STO:LEVEL) Returns On Capital
Aug 24We Don’t Think Nordic LEVEL Group AB (publ.)'s (STO:LEVEL) Earnings Should Make Shareholders Too Comfortable
Jun 06Does Nordic LEVEL Group AB (publ.) (STO:LEVEL) Have A Healthy Balance Sheet?
Jun 05Investors Still Aren't Entirely Convinced By Nordic LEVEL Group AB (publ.)'s (STO:LEVEL) Revenues Despite 28% Price Jump
Apr 30There's Been No Shortage Of Growth Recently For Nordic LEVEL Group AB (publ.)'s (STO:LEVEL) Returns On Capital
Mar 12Investors Continue Waiting On Sidelines For Nordic LEVEL Group AB (publ.) (STO:LEVEL)
Feb 06Investors Holding Back On Nordic LEVEL Group AB (publ.) (STO:LEVEL)
Sep 02Is Nordic LEVEL Group AB (publ.) (STO:LEVEL) A Risky Investment?
Feb 14Is Confidence International AB (publ.) (STO:CONF) A Risky Investment?
Aug 01Is Confidence International AB (publ.) (STO:CONF) A Risky Investment?
Mar 22Have Confidence International AB (publ.) (STO:CONF) Insiders Been Selling Their Stock?
Jan 27
How Many Confidence International AB (publ.) (STO:CONF) Shares Have Insiders Sold, In The Last Year?
Dec 16Financial Position Analysis
Short Term Liabilities: LEVEL's short term assets (SEK118.5M) do not cover its short term liabilities (SEK133.7M).
Long Term Liabilities: LEVEL's short term assets (SEK118.5M) exceed its long term liabilities (SEK34.3M).
Debt to Equity History and Analysis
Debt Level: LEVEL's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: LEVEL's debt to equity ratio has reduced from 50.8% to 34.3% 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: Whilst unprofitable LEVEL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LEVEL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16.3% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 18:59 |
| End of Day Share Price | 2025/01/08 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
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 .
Analyst Sources
Nordic LEVEL Group AB (publ.) is covered by 1 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 |
|---|---|
| Markus Almerud | Penser Access |