Norske Skog ASA (FRA:0BQ) Quick Ratio: 0.81 (As of Mar. 2026) — 34% Below Median


FRA:0BQ Norske Skog ASA FRA:0BQ
73 GF Score
Price €3.74
GF Value €3.03
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Norske Skog ASA Quick Ratio?

Norske Skog ASA FRA:0BQ +1.49% 73 Quick Ratio is 0.81 as of Mar. 2026, which is 34% below its 10-year median of 1.23. GuruFocus rates FRA:0BQ with a GF Score™ of 73/100 and a GF Value™ of €3.03 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 289 Forest Products companies, Norske Skog ASA ranks worse than 59.52% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Norske Skog ASA's quick ratio for the quarter that ended in Mar. 2026 was 0.81.

Norske Skog ASA has a quick ratio of 0.81. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Norske Skog ASA's Quick Ratio or its related term are showing as below:

FRA:0BQ' s Quick Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.23   Max: 1.58
Current: 0.81

During the past 13 years, Norske Skog ASA's highest Quick Ratio was 1.58. The lowest was 0.21. And the median was 1.23.

FRA:0BQ's Quick Ratio is ranked worse than
59.52% of 289 companies
in the Forest Products industry
Industry Median: 0.93 vs FRA:0BQ: 0.81

Norske Skog ASA  (FRA:0BQ) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Norske Skog ASA Quick Ratio Related Terms


Norske Skog ASA Quick Ratio Historical Data

* Premium members only.

The historical data trend for Norske Skog ASA's Quick Ratio 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.

Norske Skog ASA Quick Ratio Chart

Norske Skog ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.55 1.48 0.85 0.76

Norske Skog ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio 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 0.86 0.78 0.78 0.76 0.81

FRA:0BQ vs SLVM: Quick Ratio Comparison

For the Paper & Paper Products subindustry, Norske Skog ASA's Quick Ratio, along with its competitors' market caps and Quick Ratio 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.


Norske Skog ASA Quick Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Norske Skog ASA's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Norske Skog ASA's Quick Ratio falls into.


FRA:0BQ
73GF Score
Norske Skog ASA FRA:0BQ
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Norske Skog ASA Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Norske Skog ASA's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(347.451-115.845)/304.442
=0.76

Norske Skog ASA's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(378.918-124.754)/312.287
=0.81

* 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 Quick Ratio →
What does a Quick Ratio of 0.81 mean?
Norske Skog ASA (FRA:0BQ) has a Quick Ratio of 0.81 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Norske Skog ASA and its competitors. This is 34% below median its historical median of 1.23. Over the past decade, Norske Skog ASA's Quick Ratio has ranged from 0.21 to 1.58. According to the industry distribution chart, Norske Skog ASA ranks #172 out of 289 companies in the Forest Products industry, placing it in the top 59.5%.
Is Norske Skog ASA's Quick Ratio too high?
Norske Skog ASA's current Quick Ratio of 0.81 is 34% below median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.58. The Forest Products industry median Quick Ratio is 0.93. Norske Skog ASA's value of 0.81 is 12.9% below this industry median. Based on the distribution chart, Norske Skog ASA ranks #172 out of 289 companies in the Forest Products industry, which is below the industry midpoint. Overall, Norske Skog ASA has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norske Skog ASA's Quick Ratio compare to SLVM?
According to the Forest Products industry distribution chart, Norske Skog ASA ranks #172 out of 289 companies for Quick Ratio. This places Norske Skog ASA in the lower half of its industry. The industry median Quick Ratio is 0.93. Norske Skog ASA's value of 0.81 is 12.9% below this benchmark. Historically, Norske Skog ASA's own Quick Ratio has ranged from 0.21 to 1.58 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 0.93, Norske Skog ASA 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 Quick Ratio for a Forest Products company?
The median Quick Ratio among Forest Products companies is 0.93, based on 289 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Norske Skog ASA's current Quick Ratio of 0.81 is 12.9% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Norske Skog ASA and its competitors. For the Forest Products industry, the median Quick Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norske Skog ASA's current Quick Ratio is 0.81, which is 34% below median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norske Skog ASA stock overvalued right now?
Based on GuruFocus' analysis, Norske Skog ASA (FRA:0BQ) is currently considered Modestly Overvalued. The stock's GF Value™ is €3.03, compared to a current price of €3.74 — trading 23.3% above its estimated fair value. The current Quick Ratio is 0.81, which is 34% below median its 10-year median of 1.23 and 12.9% below the Forest Products industry median of 0.93. Norske Skog ASA's overall GF Score™ is 73/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Norske Skog ASA (FRA:0BQ), the current Quick Ratio is 0.81 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 Norske Skog ASA (FRA:0BQ) Overvalued in 2026?

Based on GuruFocus' analysis, Norske Skog ASA stock appears to be overvalued. The current stock price of €3.74 is trading 23.3% above its estimated GF Value™ of €3.03. GuruFocus considers Norske Skog ASA to be Modestly Overvalued.

Key valuation signals for FRA:0BQ:

  • Quick Ratio: 0.81 (34% below median its 10-year median of 1.23)
  • GF Value™: €3.03 vs. price of €3.74 (23.3% above fair value)
  • GF Score™: 73/100 with 12 warning signs
  • Industry Position: 12.9% below the Forest Products median (#172 of 289)

No single metric tells the full story. See the FRA:0BQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norske Skog ASA Business Description

Address Sjolyst plass 2, Oslo, NOR, 0278
Norske Skog ASA is a European company focused on the production of publication and packaging paper. The publication paper includes the production and sale of newsprint and magazine paper under the NOR brands. Packaging paper includes the production and sale of recycled containerboard under the Strato brand. Its product portfolio includes publication paper, recycled packaging paper, energy, and bioproducts. The company's core bioproducts are the nanocellulose product CEBINA and the bio-composite product CEBICO. Its reportable segments are Publication paper, Packaging paper, and Other activities. The majority of revenue is derived from the Publication paper segment. Geographically, the company generates the maximum revenue from Europe.
73GF Score

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

€3.74
Price
€3.03
GF Value