Norcod As - Asset Resilience Ratio
Norcod As (NCOD) has an Asset Resilience Ratio of 1.52% as of March 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read NCOD total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2024)
This chart shows how Norcod As's Asset Resilience Ratio has changed over time. See Norcod As (NCOD) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down Norcod As's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see NCOD total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr8.58 Million | 1.52% |
| Short-term Investments | Nkr0.00 | 0% |
| Total Liquid Assets | Nkr8.58 Million | 1.52% |
Asset Resilience Insights
- Limited Liquidity: Norcod As maintains only 1.52% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Norcod As Industry Peers by Asset Resilience Ratio
Compare Norcod As's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Muyuan Foodstuff Co Ltd
SHE:002714 |
Farm Products | 0.28% |
|
New Hope Liuhe Co Ltd
SHE:000876 |
Farm Products | 0.02% |
|
Societe LDC SA
PA:LOUP |
Farm Products | 14.92% |
|
Sildarvinnslan Hf.
IC:SVN |
Farm Products | 0.01% |
|
SLC Agrícola S.A
SA:SLCE3 |
Farm Products | 10.45% |
|
Molinos Agro SA
BA:MOLA |
Farm Products | 0.08% |
|
Shandong Minhe Animal Husbandry Co Ltd
SHE:002234 |
Farm Products | 0.01% |
|
Hunan Zhenghong Science and Technology Develop Co Ltd
SHE:000702 |
Farm Products | 0.08% |
Annual Asset Resilience Ratio for Norcod As (2019–2024)
The table below shows the annual Asset Resilience Ratio data for Norcod As.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 3.34% | Nkr22.53 Million ≈ $2.37 Million |
Nkr673.98 Million ≈ $70.92 Million |
+0.64pp |
| 2023-12-31 | 2.70% | Nkr18.78 Million ≈ $1.98 Million |
Nkr694.79 Million ≈ $73.11 Million |
+2.07pp |
| 2022-12-31 | 0.63% | Nkr3.41 Million ≈ $359.04K |
Nkr541.85 Million ≈ $57.02 Million |
-4.37pp |
| 2021-12-31 | 5.00% | Nkr29.42 Million ≈ $3.10 Million |
Nkr588.33 Million ≈ $61.91 Million |
-42.57pp |
| 2020-12-31 | 47.57% | Nkr218.27 Million ≈ $22.97 Million |
Nkr458.82 Million ≈ $48.28 Million |
+24.51pp |
| 2019-12-31 | 23.06% | Nkr8.46 Million ≈ $890.24K |
Nkr36.69 Million ≈ $3.86 Million |
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About Norcod As
Norcod AS engages in the farming, production, operation, distribution, marketing, and sale of farmed cod products in Norway and internationally. The company was incorporated in 2018 and is headquartered in Trondheim, Norway.