Financial ratios

Below, an overview of Orkla’s net interest bearing debt and net gearing as per year-end 2014-2018.


Note: Net gearing = Net interest bearing debt / book value of equity.

The new IFRS 16 Leases entered into force on 1 January 2019 and requires that discounted right-of-use leases with associated payment liabilities be capitalised as an asset. This will increase reported net interest-bearing liabilities by approximately NOK 1.4 billion.