CodeLab Capital AS (OSL:CODE) Debt-to-Equity: 0.12 (As of Dec. 2025) — 33% Below Median

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Director of Data and Quant Analytics at GuruFocus
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OSL:CODE CodeLab Capital AS OSL:CODE
50 GF Score
Price kr3.30
GF Value kr2.26
Valuation Significantly Overvalued
! 4 Warning Signs
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What is CodeLab Capital AS Debt-to-Equity?

CodeLab Capital AS OSL:CODE -3.79% 50 Debt-to-Equity is 0.12 as of Dec. 2025, which is 33% below its 10-year median of 0.18. GuruFocus rates OSL:CODE with a GF Score™ of 50/100 and a GF Value™ of kr2.26 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 558 Healthcare Providers & Services companies, CodeLab Capital AS ranks better than 77.06% on this metric.

CodeLab Capital AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was kr0.00 Mil. CodeLab Capital AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was kr3.35 Mil. CodeLab Capital AS's Total Stockholders Equity for the quarter that ended in Dec. 2025 was kr28.64 Mil. CodeLab Capital AS's debt to equity for the quarter that ended in Dec. 2025 was 0.12.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for CodeLab Capital AS's Debt-to-Equity or its related term are showing as below:

OSL:CODE' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.19   Med: 0.18   Max: 0.36
Current: 0.12

During the past 8 years, the highest Debt-to-Equity Ratio of CodeLab Capital AS was 0.36. The lowest was -1.19. And the median was 0.18.

OSL:CODE's Debt-to-Equity is ranked better than
77.06% of 558 companies
in the Healthcare Providers & Services industry
Industry Median: 0.405 vs OSL:CODE: 0.12

CodeLab Capital AS  (OSL:CODE) Debt-to-Equity Explanation

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


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


CodeLab Capital AS Debt-to-Equity Related Terms


CodeLab Capital AS Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for CodeLab Capital AS's Debt-to-Equity 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.

CodeLab Capital AS Debt-to-Equity Chart

CodeLab Capital AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.29 0.36 0.00 0.00 0.12

CodeLab Capital AS Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.12

OSL:CODE vs VEEV, BTSG, TEM: Debt-to-Equity Comparison

For the Health Information Services subindustry, CodeLab Capital AS's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


CodeLab Capital AS Debt-to-Equity vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CodeLab Capital AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CodeLab Capital AS's Debt-to-Equity falls into.


OSL:CODE
50GF Score
CodeLab Capital AS OSL:CODE
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CodeLab Capital AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CodeLab Capital AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

CodeLab Capital AS's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.12 mean?
CodeLab Capital AS (OSL:CODE) has a Debt-to-Equity of 0.12 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CodeLab Capital AS and its competitors. This is 33% below median its historical median of 0.18. According to the industry distribution chart, CodeLab Capital AS ranks #128 out of 558 companies in the Healthcare Providers & Services industry, placing it in the top 22.9%.
Is CodeLab Capital AS's Debt-to-Equity too high?
CodeLab Capital AS's current Debt-to-Equity of 0.12 is 33% below median its 10-year median of 0.18. The Healthcare Providers & Services industry median Debt-to-Equity is 0.41. CodeLab Capital AS's value of 0.12 is 70.4% below this industry median. Based on the distribution chart, CodeLab Capital AS ranks #128 out of 558 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, CodeLab Capital AS has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CodeLab Capital AS's Debt-to-Equity compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, CodeLab Capital AS ranks #128 out of 558 companies for Debt-to-Equity. This places CodeLab Capital AS in the top 23% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.41. CodeLab Capital AS's value of 0.12 is 70.4% below this benchmark. While the company's 10-year median is 0.18 vs. the industry median of 0.41, CodeLab Capital AS has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Healthcare Providers & Services company?
The median Debt-to-Equity among Healthcare Providers & Services companies is 0.41, based on 558 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CodeLab Capital AS's current Debt-to-Equity of 0.12 is 70.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CodeLab Capital AS and its competitors. For the Healthcare Providers & Services industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CodeLab Capital AS's current Debt-to-Equity is 0.12, which is 33% below median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CodeLab Capital AS stock overvalued right now?
Based on GuruFocus' analysis, CodeLab Capital AS (OSL:CODE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr2.26, compared to a current price of kr3.30 — trading 46% above its estimated fair value. The current Debt-to-Equity is 0.12, which is 33% below median its 10-year median of 0.18 and 70.4% below the Healthcare Providers & Services industry median of 0.41. CodeLab Capital AS's overall GF Score™ is 50/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For CodeLab Capital AS (OSL:CODE), the current Debt-to-Equity is 0.12 as of Dec. 2025. 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 CodeLab Capital AS (OSL:CODE) Overvalued in 2026?

Based on GuruFocus' analysis, CodeLab Capital AS stock appears to be overvalued. The current stock price of kr3.30 is trading 46% above its estimated GF Value™ of kr2.26. GuruFocus considers CodeLab Capital AS to be Significantly Overvalued.

Key valuation signals for OSL:CODE:

  • Debt-to-Equity: 0.12 (33% below median its 10-year median of 0.18)
  • GF Value™: kr2.26 vs. price of kr3.30 (46% above fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 70.4% below the Healthcare Providers & Services median (#128 of 558)

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


CodeLab Capital AS Business Description

Other Exchanges P990:Germany
Address C/o Azets Document Solutions AS, Dm520023, Postboks 1570 Torgarden, Trondheim, NOR, 7435
CodeLab Capital AS builds and invests in next-generation technology. Its primary objective is to invest in other companies and contribute with capital, network, and operations. CodeLab Capital AS is a holding company that, through its subsidiary, is engaged in making software development tools for the broader B2B market.
50GF Score

Get the complete analysis for OSL:CODE

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

kr3.30
Price
kr2.26
GF Value