Dellia Group ASA (OSL:DELIA) Altman Z-Score: 6.16 (As of Aug. 04, 2026) — 16% Below Median

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OSL:DELIA Dellia Group ASA OSL:DELIA
14 GF Score
Price kr28.45
! 2 Warning Signs
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What is Dellia Group ASA Altman Z-Score?

Dellia Group ASA OSL:DELIA +3.08% 14 Altman Z-Score is 6.16 as of Aug. 04, 2026, which is 16% below its 10-year median of 7.34. GuruFocus rates OSL:DELIA with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 1,931 Consumer Packaged Goods companies, Dellia Group ASA ranks better than 81.98% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Good Sign:

Altman Z-score of 6.1 is strong.

Dellia Group ASA has a Altman Z-Score of 6.16, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Dellia Group ASA's Altman Z-Score or its related term are showing as below:

OSL:DELIA' s Altman Z-Score Range Over the Past 10 Years
Min: 5.43   Med: 7.34   Max: 8.74
Current: 6.1

During the past 5 years, Dellia Group ASA's highest Altman Z-Score was 8.74. The lowest was 5.43. And the median was 7.34.


Dellia Group ASA  (OSL:DELIA) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Dellia Group ASA Altman Z-Score Related Terms


Dellia Group ASA Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Dellia Group ASA's Altman Z-Score 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.

Dellia Group ASA Altman Z-Score Chart

Dellia Group ASA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
0.00 0.00 0.00 0.00 7.34

Dellia Group ASA Quarterly Data
Dec21 Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 5.43 7.34 8.74

OSL:DELIA vs KHC, GIS, HRL: Altman Z-Score Comparison

For the Packaged Foods subindustry, Dellia Group ASA's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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.


Dellia Group ASA Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dellia Group ASA's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Dellia Group ASA's Altman Z-Score falls into.


OSL:DELIA
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Dellia Group ASA OSL:DELIA
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Dellia Group ASA Altman Z-Score Calculation

Altman 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.

Dellia Group ASA's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.6359+1.4*0+3.3*0.1507+0.6*6.0453+1.0*1.2699
=6.16

* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was kr575.8 Mil.
Total Current Assets was kr558.7 Mil.
Total Current Liabilities was kr192.5 Mil.
Retained Earnings was kr0.0 Mil.
Pre-Tax Income was 18.528 + 7.702 + 26.1 + 16.947 = kr69.3 Mil.
Interest Expense was -4.133 + -5.303 + -3.09 + -4.964 = kr-17.5 Mil.
Revenue was 214.425 + 152.785 + 205.426 + 158.498 = kr731.1 Mil.
Market Cap (Today) was kr1,225.2 Mil.
Total Liabilities was kr202.7 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(558.679 - 192.544)/575.76
=0.6359

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(69.277 - -17.49)/575.76
=0.1507

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1225.195/202.668
=6.0453

X5=Revenue/Total Assets
=731.134/575.76
=1.2699

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Dellia Group ASA has a Altman Z-Score of 6.16 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 6.16 mean?
Dellia Group ASA (OSL:DELIA) has a Altman Z-Score of 6.16 as of Aug. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Dellia Group ASA and its competitors. This is 16% below median its historical median of 7.34. Over the past decade, Dellia Group ASA's Altman Z-Score has ranged from 5.43 to 8.74. According to the industry distribution chart, Dellia Group ASA ranks #348 out of 1931 companies in the Consumer Packaged Goods industry, placing it in the top 18%.
Is Dellia Group ASA's Altman Z-Score too high?
Dellia Group ASA's current Altman Z-Score of 6.16 is 16% below median its 10-year median of 7.34. Over the past 10 years, this metric has ranged from a low of 5.43 to a high of 8.74. The Consumer Packaged Goods industry median Altman Z-Score is 2.85. Dellia Group ASA's value of 6.16 is 116.1% above this industry median. Based on the distribution chart, Dellia Group ASA ranks #348 out of 1931 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Dellia Group ASA has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Dellia Group ASA's Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Dellia Group ASA ranks #348 out of 1931 companies for Altman Z-Score. This places Dellia Group ASA in the top 18% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.85. Dellia Group ASA's value of 6.16 is 116.1% above this benchmark. Historically, Dellia Group ASA's own Altman Z-Score has ranged from 5.43 to 8.74 over the past decade. While the company's 10-year median is 7.34 vs. the industry median of 2.85, Dellia Group ASA has consistently been above 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 Altman Z-Score for a Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.85, based on 1,931 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dellia Group ASA's current Altman Z-Score of 6.16 is 116.1% above 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Dellia Group ASA and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dellia Group ASA's current Altman Z-Score is 6.16, which is 16% below median its own 10-year median of 7.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dellia Group ASA stock overvalued right now?
Dellia Group ASA (OSL:DELIA) has a current Altman Z-Score of 6.16. The current Altman Z-Score is 6.16, which is 16% below median its 10-year median of 7.34 and 116.1% above the Consumer Packaged Goods industry median of 2.85. Dellia Group ASA's overall GF Score™ is 14/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Dellia Group ASA (OSL:DELIA), the current Altman Z-Score is 6.16 as of Aug. 04, 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.

Dellia Group ASA Business Description

Other Exchanges O6Q0:Germany
Address Gaustadalleen 21, Oslo Science Park, Oslo, NOR, 0349
Dellia Group ASA is a branded consumer goods company within the snacking category. It develops and sells products under the brand Sunshine Delights, offering a range of premium dried fruit products, including natural dried fruits, chocolate-dipped (Dippies), and flavoured variants, as well as products designed to reduce food waste. The group also offers private-label production of dietary food supplements. The company serves the fast-moving consumer goods sector with an emphasis on expanding the dried fruit category. Its operations remain organised into three reportable segments: Nordics (Norway, Sweden, Denmark, Finland, and Iceland), Pan-Europe (United Kingdom, Germany, France, Netherlands, Italy, Switzerland, Portugal, and Spain), and Asia (China).
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