NORVA.ST
Price:
$36
Market Cap:
$7.16B
Norva24 Group AB (Publ) provides underground infrastructure maintenance services in Northern Europe. The company offers emptying services, such as emptying and inspection of fat/oil separators, underground tanks, and sand traps, as well as sludge drainage; pipe services comprising pressure testing of pipes and pipe inspection, pipe relining and point repair, leak detection, and pipe cleaning of clogged water and waste pipes; and pressure washing services. As of September 30, 2021, it operated 66 branches across Norway, Germany, Sweden, and Denmark. The company was founded in 1919 and is headquartered in Stryn, Norway.
Industry
Waste Management
IPO Date
2021-12-09
Stock Exchange
STO
Ticker
NORVA.ST
According to Norva24 Group AB (Publ)’s latest financial reports and current stock price. The company's current Current Ratio is 1.26. This represents a change of 6.92% compared to the average of 1.18 of the last 4 quarters.
The mean historical Current Ratio of Norva24 Group AB (Publ) over the last ten years is 1.04. The current 1.26 Current Ratio has changed 12.04% with respect to the historical average. Over the past ten years (40 quarters), NORVA.ST's Current Ratio was at its highest in in the December 2024 quarter at 1.26. The Current Ratio was at its lowest in in the March 2021 quarter at 0.
Average
1.04
Median
1.01
Minimum
0.81
Maximum
1.33
Discovering the peaks and valleys of Norva24 Group AB (Publ) Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 12.71%
Maximum Annual Current Ratio = 1.33
Minimum Annual Increase = -39.34%
Minimum Annual Current Ratio = 0.81
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.26 | 9.44% |
| 2023 | 1.15 | 7.85% |
| 2022 | 1.07 | 12.71% |
| 2021 | 0.95 | 11.09% |
| 2020 | 0.85 | -3.99% |
| 2019 | 0.89 | 10.20% |
| 2018 | 0.81 | -39.34% |
The current Current Ratio of Norva24 Group AB (Publ) (NORVA.ST) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.16
5-year avg
1.05
10-year avg
1.04
Norva24 Group AB (Publ)’s Current Ratio is less than Concentric AB (publ) (1.60), less than Nordic Waterproofing Holding AB (publ) (2.22), less than Kollect on Demand Holding AB (publ) (1.42), less than Modern Ekonomi Sverige Holding AB (publ) (1.47), less than Projektengagemang Sweden AB (publ) (1.27), less than Jetpak Top Holding AB (publ) (2.14), greater than Christian Berner Tech Trade AB (publ) (1.18), less than HAKI Safety AB (publ) (6.24), less than Serneke Group AB (publ) (1.37), greater than Job Solution Sweden Holding AB (publ) (0.85),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.60 | $8.54B | |
| 2.22 | $4.38B | |
| 1.42 | $132.46M | |
| 1.47 | $147.74M | |
| 1.27 | $370.47M | |
| 2.14 | $1.26B | |
| 1.18 | $637.23M | |
| 6.24 | $577.45M | |
| 1.37 | $801.79M | |
| 0.85 | $150.55M |
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