NOTEK.ST
Price:
$13.2
Market Cap:
$171.62M
Norditek Group AB (publ) develops, sells, leases, or rents out crushers, sorting plants, and proprietary machines to recycle and convert materials into salable products in Sweden. It also offers waste compactors, magnets, wind visibility and water bath products, used machines, and accessories. The company was founded in 1998 and is headquartered in Gothenburg, Sweden.
Industry
Waste Management
IPO Date
2021-11-10
Stock Exchange
STO
Ticker
NOTEK.ST
According to Norditek Group AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 3.62. This represents a change of -7.67% compared to the average of 3.92 of the last 4 quarters.
The mean historical Current Ratio of Norditek Group AB (publ) over the last ten years is 3.26. The current 3.62 Current Ratio has changed 11.01% with respect to the historical average. Over the past ten years (40 quarters), NOTEK.ST's Current Ratio was at its highest in in the November 2024 quarter at 4.47. The Current Ratio was at its lowest in in the August 2021 quarter at 0.
Average
3.26
Median
3.45
Minimum
2.35
Maximum
4.07
Discovering the peaks and valleys of Norditek 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 = 36.44%
Maximum Annual Current Ratio = 4.07
Minimum Annual Increase = -42.24%
Minimum Annual Current Ratio = 2.35
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 3.62 | 8.64% |
| 2024 | 3.33 | -6.49% |
| 2023 | 3.57 | 36.44% |
| 2022 | 2.61 | 11.09% |
| 2021 | 2.35 | -42.24% |
The current Current Ratio of Norditek Group AB (publ) (NOTEK.ST) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.51
5-year avg
3.10
10-year avg
3.26
Norditek Group AB (publ)’s Current Ratio is greater than Lyckegård Group AB (publ) (1.30), greater than SeaTwirl AB (publ) (1.55), greater than Ferroamp AB (publ) (3.06), greater than FlexQube AB (publ) (0.98), greater than Drillcon AB (publ) (1.50), greater than Hifab Group AB (publ.) (2.06), less than Axolot Solutions Holding AB (publ) (4.59), greater than ScandBook Holding AB (publ) (3.33), less than Bioextrax AB (publ) (4.10), greater than Precise Biometrics AB (publ) (1.78),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.30 | $191.94M | |
| 1.55 | $195.65M | |
| 3.06 | $217.95M | |
| 0.98 | $142.08M | |
| 1.50 | $176.17M | |
| 2.06 | $197.98M | |
| 4.59 | $83.62M | |
| 3.33 | $229.37M | |
| 4.10 | $85.60M | |
| 1.78 | $176.12M |
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What is the Current Ratio?
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