Hove AS (HOVE) — Tangible Net Worth Ratio
Hove AS (HOVE) has a Tangible Net Worth Ratio of 90.4% as of December 2025. This metric is calculated by deducting intangible assets (Dkr8.39 Million) from net assets (Dkr87.16 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. Also explore Hove AS (HOVE) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hove AS Tangible Net Worth Ratio (2019–2025)
This chart shows how Hove AS's Tangible Net Worth Ratio has changed across 7 annual periods from 2019 to 2025. As of December 2025, the ratio stands at 90.4%, reflecting net assets of Dkr87.16 Million with intangible assets of Dkr8.39 Million DKK. For live market cap and overall valuation, see Hove AS market capitalisation.
Annual Tangible Net Worth Ratio for Hove AS (2019–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Hove AS from 2019 to 2025, covering 7 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. Explore HOVE capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (DKK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 90.4% | Dkr87.16 Million | Dkr8.39 Million | Dkr115.30 Million | ▲ +1.0 pp |
| 2024 | 89.4% | Dkr79.32 Million | Dkr8.41 Million | Dkr103.42 Million | ▲ +2.2 pp |
| 2023 | 87.2% | Dkr71.42 Million | Dkr9.13 Million | Dkr96.42 Million | ▲ +7.9 pp |
| 2022 | 79.3% | Dkr67.22 Million | Dkr13.90 Million | Dkr115.38 Million | ▲ +0.8 pp |
| 2021 | 78.5% | Dkr59.96 Million | Dkr12.88 Million | Dkr91.34 Million | ▼ -11.2 pp |
| 2020 | 89.8% | Dkr21.01 Million | Dkr2.15 Million | Dkr54.41 Million | ▼ -10.2 pp |
| 2019 | 100.0% | Dkr16.03 Million | Dkr0.00 | Dkr45.31 Million | — |