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. See Hove AS current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
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. See HOVE defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see Hove AS stock valuation.
| 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 | — |