Nel ASA (NEL) — Net Asset Quality Index
Nel ASA (NEL) has a Net Asset Quality Index of 77.6% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Nkr4.64 Billion minus total liabilities of Nkr1.04 Billion yields net assets of Nkr3.60 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read NEL current and long-term liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Nel ASA Net Asset Quality Index Over Time (2002–2025)
This chart shows how Nel ASA's Net Asset Quality Index has evolved across 24 annual periods from 2002 to 2025. As of June 2026, the index stands at 77.6%, representing net assets of Nkr3.60 Billion against total assets of Nkr4.64 Billion NOK. For live market cap and overall valuation, see NEL stock market capitalisation.
Annual Net Asset Quality Index for Nel ASA (2002–2025)
The table below presents the year-by-year Net Asset Quality Index for Nel ASA from 2002 to 2025, covering 24 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 Nel ASA strategic capital allocation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (NOK) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 79.3% | Nkr3.93 Billion | Nkr4.96 Billion | Nkr1.02 Billion | ▲ +0.4 pp |
| 2024 | 79.0% | Nkr4.98 Billion | Nkr6.30 Billion | Nkr1.33 Billion | ▲ +0.1 pp |
| 2023 | 78.9% | Nkr6.20 Billion | Nkr7.86 Billion | Nkr1.66 Billion | ▲ +0.5 pp |
| 2022 | 78.4% | Nkr5.45 Billion | Nkr6.95 Billion | Nkr1.50 Billion | ▼ -5.5 pp |
| 2021 | 83.9% | Nkr5.04 Billion | Nkr6.01 Billion | Nkr968.28 Million | ▼ -5.2 pp |
| 2020 | 89.1% | Nkr5.47 Billion | Nkr6.14 Billion | Nkr668.38 Million | ▲ +13.1 pp |
| 2019 | 76.0% | Nkr1.85 Billion | Nkr2.43 Billion | Nkr584.05 Million | ▼ -5.2 pp |
| 2018 | 81.2% | Nkr1.58 Billion | Nkr1.94 Billion | Nkr365.42 Million | ▼ -0.5 pp |
| 2017 | 81.7% | Nkr1.41 Billion | Nkr1.73 Billion | Nkr316.27 Million | ▼ -6.3 pp |
| 2016 | 88.0% | Nkr671.22 Million | Nkr762.87 Million | Nkr91.66 Million | ▼ -1.6 pp |
| 2015 | 89.6% | Nkr731.01 Million | Nkr815.65 Million | Nkr84.64 Million | ▲ +7.7 pp |
| 2014 | 81.9% | Nkr195.94 Million | Nkr239.18 Million | Nkr43.24 Million | ▲ +24.9 pp |
| 2013 | 57.0% | Nkr8.68 Million | Nkr15.22 Million | Nkr6.55 Million | ▲ +6.2 pp |
| 2012 | 50.8% | Nkr13.48 Million | Nkr26.55 Million | Nkr13.06 Million | ▼ -29.3 pp |
| 2011 | 80.1% | Nkr54.98 Million | Nkr68.60 Million | Nkr13.63 Million | ▼ -0.1 pp |
| 2010 | 80.2% | Nkr89.60 Million | Nkr111.70 Million | Nkr22.10 Million | ▲ +17.0 pp |
| 2009 | 63.2% | Nkr29.37 Million | Nkr46.48 Million | Nkr17.11 Million | ▼ -9.8 pp |
| 2008 | 73.0% | Nkr28.41 Million | Nkr38.90 Million | Nkr10.49 Million | ▲ +3.2 pp |
| 2007 | 69.8% | Nkr21.05 Million | Nkr30.14 Million | Nkr9.09 Million | ▼ -1.7 pp |
| 2006 | 71.6% | Nkr24.27 Million | Nkr33.90 Million | Nkr9.63 Million | ▼ -4.2 pp |
| 2005 | 75.8% | Nkr13.62 Million | Nkr17.96 Million | Nkr4.34 Million | ▼ -1.6 pp |
| 2004 | 77.4% | Nkr12.72 Million | Nkr16.44 Million | Nkr3.72 Million | ▼ -3.7 pp |
| 2003 | 81.0% | Nkr6.96 Million | Nkr8.58 Million | Nkr1.63 Million | ▼ -3.5 pp |
| 2002 | 84.6% | Nkr9.05 Million | Nkr10.71 Million | Nkr1.65 Million | — |