CodeLab Capital AS (OSL:CODE) Financial Strength: 6 (As of Dec. 2025) — 20% Above Median

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.

OSL:CODE CodeLab Capital AS OSL:CODE
50 GF Score
Price kr3.39
GF Value kr2.23
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is CodeLab Capital AS Financial Strength?

CodeLab Capital AS OSL:CODE +5.28% 50 Financial Strength is 6 as of Dec. 2025, which is 20% above its 10-year median of 5.00. GuruFocus rates OSL:CODE with a GF Score™ of 50/100 and a GF Value™ of kr2.23 (Significantly Overvalued). The stock has 4 warning signs investors should review.

CodeLab Capital AS has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

CodeLab Capital AS did not have earnings to cover the interest expense. CodeLab Capital AS's debt to revenue ratio for the quarter that ended in Dec. 2025 was 0.13. As of today, CodeLab Capital AS's Altman Z-Score is 0.46.


CodeLab Capital AS  (OSL:CODE) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

CodeLab Capital AS has the Financial Strength Rank of 6.


CodeLab Capital AS Financial Strength Related Terms


OSL:CODE vs VEEV, BTSG, HQY: Financial Strength Comparison

For the Health Information Services subindustry, CodeLab Capital AS's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CodeLab Capital AS's Financial Strength distribution charts can be found below:

* The bar in red indicates where CodeLab Capital AS's Financial Strength falls into.


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

CodeLab Capital AS Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

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

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:

CodeLab Capital AS's Interest Expense for the months ended in Dec. 2025 was kr-0.50 Mil. Its Operating Income for the months ended in Dec. 2025 was kr-9.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was kr3.35 Mil.

CodeLab Capital AS's Interest Coverage for the quarter that ended in Dec. 2025 is

CodeLab Capital AS did not have earnings to cover the interest expense.

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

2. Debt to revenue ratio. The lower, the better.

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

Debt to Revenue Ratio=Total Debt (Q: Dec. 2025 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 3.35) / 24.858
=0.13

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

CodeLab Capital AS has a Z-score of 0.46, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.46 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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 Financial Strength →
What does a Financial Strength of 6 mean?
CodeLab Capital AS (OSL:CODE) has a Financial Strength of 6 as of Dec. 2025. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on CodeLab Capital AS and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, CodeLab Capital AS's Financial Strength has ranged from 3.00 to 9.00.
Is CodeLab Capital AS's Financial Strength too high?
CodeLab Capital AS's current Financial Strength of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. 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 Financial Strength compare to VEEV and BTSG?
CodeLab Capital AS's Financial Strength of 6 can be compared against companies in the Healthcare Providers & Services industry. Historically, CodeLab Capital AS's own Financial Strength has ranged from 3.00 to 9.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Healthcare Providers & Services company?
A good Financial Strength depends on the Healthcare Providers & Services industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on CodeLab Capital AS and its competitors. CodeLab Capital AS's current Financial Strength is 6, which is 20% above median its own 10-year median of 5.00. 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 kr2.23, compared to a current price of kr3.39 — trading 52% above its estimated fair value. The current Financial Strength is 6, which is 20% above median its 10-year median of 5.00. 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 Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For CodeLab Capital AS (OSL:CODE), the current Financial Strength is 6 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 kr3.39 is trading 52% above its estimated GF Value™ of kr2.23. GuruFocus considers CodeLab Capital AS to be Significantly Overvalued.

Key valuation signals for OSL:CODE:

  • Financial Strength: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: kr2.23 vs. price of kr3.39 (52% above fair value)
  • GF Score™: 50/100 with 4 warning signs

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

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

kr3.39
Price
kr2.23
GF Value