Airthings ASA (AIRX) — Tangible Net Worth Ratio
Airthings ASA (AIRX) has a Tangible Net Worth Ratio of 82.5% as of June 2025. This metric is calculated by deducting intangible assets (Nkr3.77 Million) from net assets (Nkr21.56 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 working capital position of Airthings ASA to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Airthings ASA Tangible Net Worth Ratio (2017–2024)
This chart shows how Airthings ASA's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of June 2025, the ratio stands at 82.5%, reflecting net assets of Nkr21.56 Million with intangible assets of Nkr3.77 Million NOK. See Airthings ASA defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Airthings ASA (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Airthings ASA from 2017 to 2024, covering 8 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 Airthings ASA.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 88.1% | Nkr28.44 Million | Nkr3.38 Million | Nkr42.89 Million | ▼ -4.7 pp |
| 2023 | 92.8% | Nkr50.26 Million | Nkr3.61 Million | Nkr64.65 Million | ▼ -2.3 pp |
| 2022 | 95.2% | Nkr50.93 Million | Nkr2.46 Million | Nkr63.74 Million | ▼ -1.2 pp |
| 2021 | 96.3% | Nkr67.84 Million | Nkr2.49 Million | Nkr83.68 Million | ▼ -2.7 pp |
| 2020 | 99.0% | Nkr659.83 Million | Nkr6.65 Million | Nkr738.35 Million | ▲ +2.8 pp |
| 2019 | 96.2% | Nkr97.51 Million | Nkr3.67 Million | Nkr143.81 Million | ▼ -2.8 pp |
| 2018 | 99.1% | Nkr49.25 Million | Nkr460.51K | Nkr73.50 Million | ▼ -0.9 pp |
| 2017 | 100.0% | Nkr49.48 Million | Nkr0.00 | Nkr61.88 Million | — |