Nordic Financials A

Nordic Financials A Interest Coverage

The Interest Coverage Ratio of Nordic Financials A (NOFIN.OL) as of Nov 2, 2026 is -10.42. In the previous year, Interest Coverage Ratio was -8.35 — a change of 24.84% (lower).

Interest Coverage

-10.42

YoY

24.84%

Last updated:

Interest Coverage Ratio of Nordic Financials A is 2024 -10.42 . Interest Coverage Ratio of Nordic Financials A was 2023 -8.35 . It decreases by 24.84% lower compared to the previous year.

The Nordic Financials A Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
18.15 NOK
Jan 1, 2018
1.59 NOK
Jan 1, 2019
-12.07 NOK
Jan 1, 2020
-1.30 NOK
Jan 1, 2021
-1.71 NOK
Jan 1, 2022
-58.41 NOK
Jan 1, 2023
-8.35 NOK
Jan 1, 2024
-10.42 NOK
The Nordic Financials A Interest Coverage history
YEARInterest CoverageYoY
-10.42+24.84%
-8.35-85.71%
-58.41+3,317.85%
-1.71+31.38%
-1.30-89.22%
-12.07-860.75%
1.59-91.26%
18.15+4,918.79%
0.36-90.02%
3.62-130.01%
-12.07—

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Nordic Financials A Stock analysis

What does Nordic Financials A do? Nordic Financials ASA generates revenue through financial services related to renewable energy investments. The company focuses on acquiring and operating smaller Italian solar power plants, following strict investment criteria. It also engages in financial investments within the solar and renewable sector, targeting industrial and financial opportunities. The primary clients are investors seeking exposure to renewable energy assets, particularly in Italy's solar market. Aega ASA, a Norway-based investment company, operates as a key player in the independent power and renewable electricity producers industry. Its business model combines operational management of solar assets with strategic financial investments. The firm targets smaller solar power plants in Italy, leveraging its expertise in renewable energy to attract investment capital. The company's main focus remains on the solar power market, where it seeks to expand its portfolio through acquisitions and operational excellence. The company's revenue streams stem from both the operational performance of its solar power plants and returns on its financial investments in the renewable sector. It serves investors interested in renewable energy infrastructure, particularly those looking to capitalize on Italy's growing solar market. By focusing on smaller, existing solar plants, Nordic Financials ASA minimizes risk while maximizing returns through disciplined acquisition strategies. Nordic Financials A is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Nordic Financials A stock

Interest Coverage Ratio of Nordic Financials A is -10.42 in 2024.

Interest Coverage Ratio of Nordic Financials A changed from -8.35 to -10.42, representing a 24.84% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Nordic Financials A since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Nordic Financials A with sector peers and the industry average to assess whether it is attractive.

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Leverage — Nordic Financials A

All Key Metrics — Nordic Financials A