Green Hydrogen Systems AS Tangible Net Worth Ratio
Green Hydrogen Systems AS 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. Check asset allocation strategy of Green Hydrogen Systems AS to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Green Hydrogen Systems AS (2017–2023)
Tangible net worth ratio of Green Hydrogen Systems AS from 2017 to 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. See GREENH working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Green Hydrogen Systems AS Tangible Net Worth Ratio by Year (2017–2023)
Green Hydrogen Systems AS tangible net worth ratio by year from 2017 to 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 live market cap and overall valuation, see GREENH market cap.
| 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 | — |