Orkla ASA

Orkla ASAverified

ORK.OL

Price:

$96.6

Market Cap:

$96.45B

Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses. The company offers branded products, including frozen pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery retail trade, as well as the out-of-home, convenience store, and petrol station sectors. It also provides confectionery, biscuit, and snack products; and develops crispbread products, as well as energy snack meals. In addition, the company offers personal care and cleaning products; dietary supplement, sport nutrition, and weight control products; wound care products and first aid equipment; painting tools; basic garments; and professional cleaning products. ...[Read more]

Industry

Packaged Foods

IPO Date

2000-01-03

Stock Exchange

OSL

Ticker

ORK.OL

The Current Ratio as of September 2024 (TTM) for Orkla ASA (ORK.OL) is 1.18

According to Orkla ASA’s latest financial reports and current stock price. The company's current Current Ratio is 1.18. This represents a change of 0.04% compared to the average of 1.18 of the last 4 quarters.

Orkla ASA (ORK.OL) Historical Current Ratio (quarterly & annually)

How has ORK.OL Current Ratio performed in the past?

The mean historical Current Ratio of Orkla ASA over the last ten years is 1.51. The current 1.18 Current Ratio has changed 7.73% with respect to the historical average. Over the past ten years (40 quarters), ORK.OL's Current Ratio was at its highest in in the June 2017 quarter at 2.31. The Current Ratio was at its lowest in in the September 2021 quarter at 1.07.

Quarterly (TTM)
Annual

Average

1.51

Median

1.52

Minimum

1.08

Maximum

1.97

Orkla ASA (ORK.OL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Orkla ASA Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 56.27%

Maximum Annual Current Ratio = 1.97

Minimum Annual Increase = -31.04%

Minimum Annual Current Ratio = 1.08

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.276.65%
20221.199.94%
20211.08-31.04%
20201.575.88%
20191.48-9.77%
20181.64-16.47%
20171.9656.27%
20161.26-26.83%
20151.72-12.89%
20141.9739.50%

Orkla ASA (ORK.OL) Average Current Ratio

How has ORK.OL Current Ratio performed in the past?

The current Current Ratio of Orkla ASA (ORK.OL) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.18

5-year avg

1.32

10-year avg

1.51

Orkla ASA (ORK.OL) Current Ratio vs. Peers

How is ORK.OL’s Current Ratio compared to its peers?

Orkla ASA’s Current Ratio is greater than Telenor ASA (0.58), less than DNB Bank ASA (1.46), less than Yara International ASA (1.71), less than Storebrand ASA (1.25), less than Gjensidige Forsikring ASA (11.10),

CompanyCurrent RatioMarket cap
0.58$179.48B
1.46$325.07B
1.71$83.02B
1.25$50.87B
11.10$95.34B

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