AF Gruppen ASA (AFG) — Tangible Net Worth Ratio
AF Gruppen ASA (AFG) has a Tangible Net Worth Ratio of 99.5% as of September 2025. This metric is calculated by deducting intangible assets (Nkr19.00 Million) from net assets (Nkr3.63 Billion) 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 how liquid is AF Gruppen ASA's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
AF Gruppen ASA Tangible Net Worth Ratio (2001–2024)
This chart shows how AF Gruppen ASA's Tangible Net Worth Ratio has changed across 24 annual periods from 2001 to 2024. As of September 2025, the ratio stands at 99.5%, reflecting net assets of Nkr3.63 Billion with intangible assets of Nkr19.00 Million NOK. See AFG days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for AF Gruppen ASA (2001–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for AF Gruppen ASA from 2001 to 2024, covering 24 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 AFG market cap.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.7% | Nkr3.49 Billion | Nkr9.00 Million | Nkr15.00 Billion | ▼ 0.0 pp |
| 2023 | 99.8% | Nkr3.20 Billion | Nkr8.00 Million | Nkr14.65 Billion | ▼ -0.1 pp |
| 2022 | 99.8% | Nkr3.49 Billion | Nkr6.00 Million | Nkr14.46 Billion | ▼ 0.0 pp |
| 2021 | 99.8% | Nkr3.57 Billion | Nkr6.00 Million | Nkr13.11 Billion | ▼ -0.1 pp |
| 2020 | 99.9% | Nkr3.49 Billion | Nkr3.00 Million | Nkr12.86 Billion | ▲ +0.0 pp |
| 2019 | 99.9% | Nkr3.00 Billion | Nkr4.00 Million | Nkr12.85 Billion | ▲ +0.1 pp |
| 2018 | 99.8% | Nkr2.12 Billion | Nkr5.00 Million | Nkr8.49 Billion | ▲ +0.1 pp |
| 2017 | 99.7% | Nkr2.08 Billion | Nkr7.00 Million | Nkr7.72 Billion | ▲ +0.1 pp |
| 2016 | 99.5% | Nkr1.95 Billion | Nkr9.00 Million | Nkr6.55 Billion | ▲ +0.0 pp |
| 2015 | 99.5% | Nkr1.82 Billion | Nkr9.00 Million | Nkr6.24 Billion | ▲ +0.0 pp |
| 2014 | 99.5% | Nkr1.50 Billion | Nkr8.00 Million | Nkr5.43 Billion | ▲ +0.2 pp |
| 2013 | 99.3% | Nkr1.33 Billion | Nkr10.00 Million | Nkr5.24 Billion | ▼ 0.0 pp |
| 2012 | 99.3% | Nkr1.22 Billion | Nkr9.00 Million | Nkr4.94 Billion | ▲ +96.9 pp |
| 2011 | 2.3% | Nkr1.33 Billion | Nkr1.30 Billion | Nkr4.59 Billion | ▼ -49.4 pp |
| 2010 | 51.8% | Nkr968.00 Million | Nkr467.00 Million | Nkr3.01 Billion | ▲ +1.8 pp |
| 2009 | 50.0% | Nkr914.82 Million | Nkr457.52 Million | Nkr3.06 Billion | ▲ +14.1 pp |
| 2008 | 35.9% | Nkr740.85 Million | Nkr474.77 Million | Nkr3.19 Billion | ▼ -61.6 pp |
| 2007 | 97.5% | Nkr569.98 Million | Nkr14.38 Million | Nkr2.55 Billion | ▼ -3.3 pp |
| 2006 | 100.8% | Nkr534.12 Million | Nkr-4.11 Million | Nkr2.16 Billion | ▲ +25.7 pp |
| 2005 | 75.1% | Nkr432.69 Million | Nkr107.93 Million | Nkr1.86 Billion | ▼ -24.9 pp |
| 2004 | 100.0% | Nkr327.30 Million | Nkr0.00 | Nkr1.74 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | Nkr322.36 Million | Nkr0.00 | Nkr1.54 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | Nkr325.55 Million | Nkr0.00 | Nkr1.50 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | Nkr293.12 Million | Nkr0.00 | Nkr1.26 Billion | — |