Norva24 Group AB - Asset Resilience Ratio
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. Read debt load of Norva24 Group AB for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2023)
This chart shows how Norva24 Group AB's Asset Resilience Ratio has changed over time. See Norva24 Group AB book value and equity for net asset value and shareholders' equity analysis.
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. For market capitalisation and broader financial context, see market cap of Norva24 Group AB.
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 ≈ $484.27K |
Skr4.21 Billion ≈ $452.68 Million |
-0.02pp |
| 2022-12-31 | 0.13% | Skr4.70 Million ≈ $505.80K |
Skr3.61 Billion ≈ $388.26 Million |
+0.13pp |
| 2018-12-31 | 0.00% | Skr43.25K ≈ $4.65K |
Skr1.29 Billion ≈ $139.01 Million |
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About Norva24 Group AB
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