Is Lerøy Seafood Group financially healthy?
Not really
Lerøy Seafood Group carries heavy debt: it would take 3.5 years of earnings to pay it off.
The numbers behind it
Net debt / EBITDA3.5 years
Cash vs. debtNOK 2.5B vs. NOK 12.9B
Current ratio1.8×Short-term assets for each NOK 1 of bills due within a year
Interest coverage1.4×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Lerøy Seafood Group
Data as of Nov 13, 2026.