Equinor ASA (EQNR) — Net Asset Quality Index
Equinor ASA (EQNR) has a Net Asset Quality Index of 30.7% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Nkr131.73 Billion minus total liabilities of Nkr91.30 Billion yields net assets of Nkr40.42 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read Equinor ASA debt and liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Equinor ASA Net Asset Quality Index Over Time (1998–2024)
This chart shows how Equinor ASA's Net Asset Quality Index has evolved across 27 annual periods from 1998 to 2024. As of December 2025, the index stands at 30.7%, representing net assets of Nkr40.42 Billion against total assets of Nkr131.73 Billion NOK. For live market cap and overall valuation, see EQNR market cap.
Annual Net Asset Quality Index for Equinor ASA (1998–2024)
The table below presents the year-by-year Net Asset Quality Index for Equinor ASA from 1998 to 2024, covering 27 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. Check EQNR strategic asset allocation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (NOK) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 32.3% | Nkr42.38 Billion | Nkr131.14 Billion | Nkr88.76 Billion | ▼ -1.5 pp |
| 2023 | 33.8% | Nkr48.50 Billion | Nkr143.58 Billion | Nkr95.08 Billion | ▼ -0.4 pp |
| 2022 | 34.2% | Nkr53.99 Billion | Nkr158.02 Billion | Nkr104.03 Billion | ▲ +7.6 pp |
| 2021 | 26.5% | Nkr39.02 Billion | Nkr147.12 Billion | Nkr108.10 Billion | ▼ -1.3 pp |
| 2020 | 27.8% | Nkr33.89 Billion | Nkr121.97 Billion | Nkr88.08 Billion | ▼ -7.1 pp |
| 2019 | 34.9% | Nkr41.16 Billion | Nkr118.06 Billion | Nkr76.90 Billion | ▼ -3.3 pp |
| 2018 | 38.2% | Nkr42.99 Billion | Nkr112.51 Billion | Nkr69.52 Billion | ▲ +2.3 pp |
| 2017 | 35.9% | Nkr39.88 Billion | Nkr111.10 Billion | Nkr71.22 Billion | ▲ +2.3 pp |
| 2016 | 33.6% | Nkr35.10 Billion | Nkr104.53 Billion | Nkr69.43 Billion | ▼ -3.1 pp |
| 2015 | 36.7% | Nkr40.38 Billion | Nkr109.96 Billion | Nkr69.58 Billion | ▼ -1.9 pp |
| 2014 | 38.6% | Nkr51.27 Billion | Nkr132.67 Billion | Nkr81.40 Billion | ▼ -1.6 pp |
| 2013 | 40.2% | Nkr58.54 Billion | Nkr145.62 Billion | Nkr87.08 Billion | ▼ -0.6 pp |
| 2012 | 40.8% | Nkr57.29 Billion | Nkr140.50 Billion | Nkr83.20 Billion | ▲ +3.7 pp |
| 2011 | 37.1% | Nkr47.77 Billion | Nkr128.77 Billion | Nkr81.00 Billion | ▲ +1.9 pp |
| 2010 | 35.2% | Nkr38.51 Billion | Nkr109.38 Billion | Nkr70.87 Billion | ▼ -0.3 pp |
| 2009 | 35.6% | Nkr34.53 Billion | Nkr97.13 Billion | Nkr62.59 Billion | ▼ -1.8 pp |
| 2008 | 37.4% | Nkr31.05 Billion | Nkr83.12 Billion | Nkr52.07 Billion | ▲ +0.3 pp |
| 2007 | 37.1% | Nkr32.97 Billion | Nkr88.96 Billion | Nkr55.99 Billion | ▼ -2.2 pp |
| 2006 | 39.2% | Nkr19.84 Billion | Nkr50.60 Billion | Nkr30.76 Billion | ▲ +1.3 pp |
| 2005 | 37.9% | Nkr16.02 Billion | Nkr42.22 Billion | Nkr26.20 Billion | ▲ +3.0 pp |
| 2004 | 34.9% | Nkr14.36 Billion | Nkr41.13 Billion | Nkr26.78 Billion | ▲ +2.6 pp |
| 2003 | 32.3% | Nkr10.78 Billion | Nkr33.33 Billion | Nkr22.55 Billion | ▲ +3.8 pp |
| 2002 | 28.5% | Nkr8.43 Billion | Nkr29.58 Billion | Nkr21.15 Billion | ▲ +1.8 pp |
| 2001 | 26.7% | Nkr5.93 Billion | Nkr22.23 Billion | Nkr16.30 Billion | ▼ -4.8 pp |
| 2000 | 31.5% | Nkr7.93 Billion | Nkr25.16 Billion | Nkr17.23 Billion | ▲ +6.8 pp |
| 1999 | 24.7% | Nkr5.19 Billion | Nkr20.97 Billion | Nkr15.78 Billion | ▼ -4.4 pp |
| 1998 | 29.1% | Nkr5.43 Billion | Nkr18.65 Billion | Nkr13.22 Billion | — |