Norva24 Group AB

ST:NORVA Sweden
Market Cap
$583.39 Million
Skr6.54 Billion SEK
Market Cap Rank
#10072 Global
#86 in Sweden
Share Price
Skr36.00
Change (1 day)
+0.42%
52-Week Range
Skr35.70 - Skr36.65
All Time High
Skr38.78
Categories
Companies in Sweden
About

Norva24 Group AB (Publ) provides underground infrastructure maintenance services in Northern Europe. The company offers emptying services, such as emptying septic tanks, sand traps, grease separators, oil, and other masses. It also provides pressure washing services comprising of tank cleaning and high pressure washing. In addition, the company offers pressure testing, leak detection, pipe inspec… Read more

Norva24 Group AB - Asset Resilience Ratio

Latest as of December 2022: 0.13%

Norva24 Group AB (NORVA) has an Asset Resilience Ratio of 0.13% as of December 2022. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
Skr4.70 Million
Cash + Short-term Investments
Total Assets
Skr3.61 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2018–2023)

This chart shows how Norva24 Group AB's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Norva24 Group AB's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents Skr0.00 0%
Short-term Investments Skr4.70 Million 0.13%
Total Liquid Assets Skr4.70 Million 0.13%

Asset Resilience Insights

  • Limited Liquidity: Norva24 Group AB maintains only 0.13% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Norva24 Group AB Industry Peers by Asset Resilience Ratio

Compare Norva24 Group AB's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
No industry peers found with asset resilience data.

Annual Asset Resilience Ratio for Norva24 Group AB (2018–2023)

The table below shows the annual Asset Resilience Ratio data for Norva24 Group AB.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.11% Skr4.50 Million Skr4.21 Billion -0.02pp
2022-12-31 0.13% Skr4.70 Million Skr3.61 Billion +0.13pp
2018-12-31 0.00% Skr43.25K Skr1.29 Billion --
pp = percentage points