Norcod AS

Norcod AS ROCE

The Return on Capital Employed (ROCE) of Norcod AS (NCOD.OL) as of Oct 19, 2026 is -99.03 %. In the previous year, Return on Capital Employed (ROCE) was -158.98 % — a change of -37.71% (higher).

ROCE

-99.03 %

YoY

-37.71%

Last updated:

In 2023, Norcod AS's return on capital employed (ROCE) was -99.03 %, a -37.71% increase from the -158.98 % ROCE in the previous year.

The Norcod AS ROCE history

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  • Max

ROCE
Date
ROCE
Jan 1, 2018
0.00 NOK
Jan 1, 2019
-37.37 NOK
Jan 1, 2020
2.78 NOK
Jan 1, 2021
-15.35 NOK
Jan 1, 2022
-158.98 NOK
Jan 1, 2023
-99.03 NOK
The Norcod AS ROCE history
YEARROCEYoY
-99.03 %-37.71%
-158.98 %+935.53%
-15.35 %-651.33%
2.78 %-107.45%
-37.37 %—
0.00—

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Norcod AS Stock analysis

What does Norcod AS do? Norcod AS is a company listed on the Oslo Stock Exchange under the ticker NCOD.OL, with an ISIN of NO0010892912. Headquartered in Trondheim, Norway, the company operates within the Consumer Staples sector, specifically in the Food Products industry. Norcod AS has 26 employees and completed its initial public offering (IPO) on October 15, 2020. The company's primary business involves the production of farmed cod, focusing on commercial cod farming in marine facilities. Its production activities are conducted in natural cold-water habitats along the coast of Central and Northern Norway. Norcod AS serves customers globally, distributing its products internationally. The company's website is www.norcod.no. While the source description mentions engagement in the production of fish, mollusks, and crustaceans, the provided information specifically highlights farmed cod as the core product. The company is based in Trondheim, which is located in the Sor-Trondelag region of Norway, though this detail is not explicitly confirmed in the provided facts. Norcod AS emphasizes its operations in marine facilities within the natural environment of Central and Northern Norway's coastal areas. Norcod AS is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Norcod AS's Return on Capital Employed (ROCE)

Norcod AS's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Norcod AS's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Norcod AS's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Norcod AS’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Norcod AS stock

Return on Capital Employed (ROCE) of Norcod AS is -99.03 % in 2023.

Return on Capital Employed (ROCE) of Norcod AS changed from -158.98 % to -99.03 %, representing a -37.71% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Norcod AS since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Norcod AS with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — Norcod AS

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — Norcod AS