Cavendish Hydrogen ASA (CAVEN) — Net Asset Quality Index
Cavendish Hydrogen ASA (CAVEN) has a Net Asset Quality Index of 81.1% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Nkr67.10 Million minus total liabilities of Nkr12.70 Million yields net assets of Nkr54.40 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check CAVEN cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Cavendish Hydrogen ASA Net Asset Quality Index Over Time (2020–2024)
This chart shows how Cavendish Hydrogen ASA's Net Asset Quality Index has evolved across 5 annual periods from 2020 to 2024. As of September 2025, the index stands at 81.1%, representing net assets of Nkr54.40 Million against total assets of Nkr67.10 Million NOK. See CAVEN working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Cavendish Hydrogen ASA (2020–2024)
The table below presents the year-by-year Net Asset Quality Index for Cavendish Hydrogen ASA from 2020 to 2024, covering 5 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see CAVEN market cap.
| Year | Quality Index | Net Assets (NOK) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 76.7% | Nkr73.10 Million | Nkr95.30 Million | Nkr22.20 Million | ▲ +46.1 pp |
| 2023 | 30.6% | Nkr21.36 Million | Nkr69.89 Million | Nkr48.53 Million | ▲ +23.6 pp |
| 2022 | 7.0% | Nkr5.75 Million | Nkr82.27 Million | Nkr76.52 Million | ▼ -32.8 pp |
| 2021 | 39.7% | Nkr38.78 Million | Nkr97.59 Million | Nkr58.80 Million | ▼ -1.9 pp |
| 2020 | 41.6% | Nkr33.85 Million | Nkr81.35 Million | Nkr47.50 Million | — |