Nordisk Bergteknik AB (OSTO:NORB B) Interest Expense : kr-92 Mil (TTM As of Mar. 2025)

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What is Nordisk Bergteknik AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nordisk Bergteknik AB's interest expense for the three months ended in Mar. 2025 was kr -19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was kr-92 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Nordisk Bergteknik AB's Operating Income for the three months ended in Mar. 2025 was kr 18 Mil. Nordisk Bergteknik AB's Interest Expense for the three months ended in Mar. 2025 was kr -19 Mil. Nordisk Bergteknik AB's Interest Coverage for the quarter that ended in Mar. 2025 was 0.96. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Nordisk Bergteknik AB Interest Expense Historical Data

The historical data trend for Nordisk Bergteknik AB's Interest Expense 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.

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Nordisk Bergteknik AB Interest Expense Chart

Nordisk Bergteknik AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-38.80

-35.70

-46.00

-91.50

-98.40

Nordisk Bergteknik AB Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-25.20	-25.00	-25.40	-22.80	-18.90

Nordisk Bergteknik AB Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-92 Mil.

Nordisk Bergteknik AB (OSTO:NORB B) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Nordisk Bergteknik AB's Interest Expense for the three months ended in Mar. 2025 was kr-19 Mil. Its Operating Income for the three months ended in Mar. 2025 was kr18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was kr1,314 Mil.

Nordisk Bergteknik AB's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	18.2	/	-18.9
	=	0.96

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Nordisk Bergteknik AB interest coverage is 1.09, which is low.

Nordisk Bergteknik AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nordisk Bergteknik AB (OSTO:NORB B) » Definitions » Interest Expense

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9LY:Germany

Address

Ostra Hamngatan 52, Gothenburg, SWE, 411 08

Website

https://www.nordiskbergteknik.se

Nordisk Bergteknik AB's business concept is to offer contracting services in infrastructure to the construction mining and construction industries within selected niches in the Nordic countries. It operates in the two business areas of Rock Handling and Foundation Solutions, which in turn are reported in the three financial segments Foundation Sweden, Rock Sweden, and Rock Norway. It generates maximum revenue from the Rock Sweden segment. The majority of the revenue comes from Rock Sweden. Geographic areas are Sweden, Norway, Finland, and Other Countries where the majority of revenue comes from Sweden.

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