Green Hydrogen Systems AS (GREENH) — Tangible Net Worth Ratio
Green Hydrogen Systems AS (GREENH) has a Tangible Net Worth Ratio of 58.4% as of June 2024. This metric is calculated by deducting intangible assets (Dkr279.99 Million) from net assets (Dkr673.08 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See GREENH net asset value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Green Hydrogen Systems AS Tangible Net Worth Ratio (2017–2023)
This chart shows how Green Hydrogen Systems AS's Tangible Net Worth Ratio has changed across 6 annual periods from 2017 to 2023. As of June 2024, the ratio stands at 58.4%, reflecting net assets of Dkr673.08 Million with intangible assets of Dkr279.99 Million DKK. Also explore net asset growth rate of Green Hydrogen Systems AS to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Green Hydrogen Systems AS (2017–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Green Hydrogen Systems AS from 2017 to 2023, covering 6 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of Green Hydrogen Systems AS.
| Year | Tangible NW Ratio | Net Assets (DKK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 70.3% | Dkr881.83 Million | Dkr261.54 Million | Dkr2.37 Billion | ▼ -7.7 pp |
| 2022 | 78.1% | Dkr862.05 Million | Dkr189.14 Million | Dkr1.55 Billion | ▼ -15.9 pp |
| 2021 | 94.0% | Dkr1.17 Billion | Dkr70.46 Million | Dkr1.30 Billion | ▲ +28.1 pp |
| 2019 | 65.9% | Dkr20.53 Million | Dkr7.01 Million | Dkr40.91 Million | ▲ +3958.6 pp |
| 2018 | -3892.7% | Dkr137.00K | Dkr5.47 Million | Dkr14.49 Million | ▼ -3992.7 pp |
| 2017 | 100.0% | Dkr926.00K | Dkr0.00 | Dkr7.09 Million | — |