Norcod As - Asset Resilience Ratio

Latest as of March 2025: 1.52%

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

Nkr8.58 Million
≈ $902.86K USD Cash + Short-term Investments

Total Assets

Nkr564.45 Million
≈ $59.40 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2024)

This chart shows how Norcod As's Asset Resilience Ratio has changed over time. See Norcod As net assets for net asset value and shareholders' equity analysis.

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 market capitalisation and broader financial context, see how much is Norcod As worth.

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
New Hope Liuhe Co Ltd
SHE:000876
Farm Products 0.01%
Xiangcai Co Ltd
SHG:600095
Farm Products 13.53%
SLC Agrícola S.A
SA:SLCE3
Farm Products 7.51%
Tianshui Zhongxing Bio-technology Co Ltd
SHE:002772
Farm Products 5.37%
Sipef NV
BR:SIP
Farm Products 0.00%
Inghams Group Ltd
AU:ING
Farm Products 4.50%
Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd
SHE:300967
Farm Products 0.04%
China Shengmu Organic Milk Limited
F:7OM
Farm Products 1.50%

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
--
pp = percentage points

About Norcod As

OL:NCOD Norway Farm Products
Market Cap
$62.45 Million
Nkr593.49 Million NOK
Market Cap Rank
#21017 Global
#189 in Norway
Share Price
Nkr10.30
Change (1 day)
+1.48%
52-Week Range
Nkr9.04 - Nkr18.45
All Time High
Nkr142.20
About

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.