Nordic LEVEL Group AB (OSTO:LEVEL) Debt-to-EBITDA : -2.97 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:LEVEL Nordic LEVEL Group AB OSTO:LEVEL
26 GF Score
Price kr0.34
GF Value kr0.53
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Nordic LEVEL Group AB Debt-to-EBITDA?

Nordic LEVEL Group AB OSTO:LEVEL -4.52% 26 Debt-to-EBITDA is -2.97 as of Mar. 2026. GuruFocus rates OSTO:LEVEL with a GF Score™ of 26/100 and a GF Value™ of kr0.53 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 837 Business Services companies, Nordic LEVEL Group AB ranks worse than 86.62% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Nordic LEVEL Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr52.1 Mil. Nordic LEVEL Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr32.8 Mil. Nordic LEVEL Group AB's annualized EBITDA for the quarter that ended in Mar. 2026 was kr-28.6 Mil. Nordic LEVEL Group AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -2.97.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Nordic LEVEL Group AB's Debt-to-EBITDA or its related term are showing as below:

OSTO:LEVEL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.45   Med: -0.35   Max: 6
Current: 5.83

During the past 13 years, the highest Debt-to-EBITDA Ratio of Nordic LEVEL Group AB was 6.00. The lowest was -3.45. And the median was -0.35.

OSTO:LEVEL's Debt-to-EBITDA is ranked worse than
86.62% of 837 companies
in the Business Services industry
Industry Median: 1.6 vs OSTO:LEVEL: 5.83

Nordic LEVEL Group AB  (OSTO:LEVEL) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Nordic LEVEL Group AB Debt-to-EBITDA Related Terms


Nordic LEVEL Group AB Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Nordic LEVEL Group AB's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nordic LEVEL Group AB Debt-to-EBITDA Chart

Nordic LEVEL Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.36 0.63 1.29 3.00 2.50

Nordic LEVEL Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.24 4.01 -22.04 0.77 -2.97

OSTO:LEVEL vs ALLE, MSA, ADT: Debt-to-EBITDA Comparison

For the Security & Protection Services subindustry, Nordic LEVEL Group AB's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nordic LEVEL Group AB Debt-to-EBITDA vs Business Services Industry

For the Business Services industry and Industrials sector, Nordic LEVEL Group AB's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Nordic LEVEL Group AB's Debt-to-EBITDA falls into.


OSTO:LEVEL
26GF Score
Nordic LEVEL Group AB OSTO:LEVEL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordic LEVEL Group AB Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Nordic LEVEL Group AB's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(45.753 + 9.83) / 22.26
=2.50

Nordic LEVEL Group AB's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(52.078 + 32.842) / -28.616
=-2.97

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -2.97 mean?
Nordic LEVEL Group AB (OSTO:LEVEL) has a Debt-to-EBITDA of -2.97 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Nordic LEVEL Group AB. According to the industry distribution chart, Nordic LEVEL Group AB ranks #725 out of 837 companies in the Business Services industry, placing it in the top 86.6%.
Is Nordic LEVEL Group AB's Debt-to-EBITDA too high?
Nordic LEVEL Group AB's current Debt-to-EBITDA is -2.97. Based on the distribution chart, Nordic LEVEL Group AB ranks #725 out of 837 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Nordic LEVEL Group AB has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nordic LEVEL Group AB's Debt-to-EBITDA compare to ALLE and MSA?
According to the Business Services industry distribution chart, Nordic LEVEL Group AB ranks #725 out of 837 companies for Debt-to-EBITDA. This places Nordic LEVEL Group AB in the lower half of its industry. The industry median Debt-to-EBITDA is 1.60. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Business Services company?
The median Debt-to-EBITDA among Business Services companies is 1.60, based on 837 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Nordic LEVEL Group AB. For the Business Services industry, the median Debt-to-EBITDA is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic LEVEL Group AB's current Debt-to-EBITDA is -2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic LEVEL Group AB stock overvalued right now?
Based on GuruFocus' analysis, Nordic LEVEL Group AB (OSTO:LEVEL) is currently considered Possible Value Trap. The stock's GF Value™ is kr0.53, compared to a current price of kr0.34 — trading 36.2% below its estimated fair value. The current Debt-to-EBITDA is -2.97. Nordic LEVEL Group AB's overall GF Score™ is 26/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Nordic LEVEL Group AB (OSTO:LEVEL), the current Debt-to-EBITDA is -2.97 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nordic LEVEL Group AB (OSTO:LEVEL) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic LEVEL Group AB stock appears to be undervalued. The current stock price of kr0.34 is trading 36.2% below its estimated GF Value™ of kr0.53. GuruFocus considers Nordic LEVEL Group AB to be Possible Value Trap.

Key valuation signals for OSTO:LEVEL:

  • Debt-to-EBITDA: -2.97
  • GF Value™: kr0.53 vs. price of kr0.34 (36.2% below fair value)
  • GF Score™: 26/100 with 5 warning signs

No single metric tells the full story. See the OSTO:LEVEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nordic LEVEL Group AB Business Description

Address Vasagatan 12 C, Sundbyberg, SWE, 172 67
Nordic LEVEL Group AB is an acquisition-driven group that acquires and develops companies in the security sector. The group is a full-service provider of trusted safety and security solutions, and the business is conducted through the group's subsidiaries in the Nordic market. LEVEL operates in three core areas: advisory, technology and operations. The company focus is to decrease societal costs by increasing both physical and perceived security for clients as well as allowing for law enforcement to focus on their primary societal responsibilities.
26GF Score

Get the complete analysis for OSTO:LEVEL

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.34
Price
kr0.53
GF Value