BlueNord ASA (BNOR) — Tangible Net Worth Ratio

Latest as of March 2026: 71.2%

BlueNord ASA (BNOR) has a Tangible Net Worth Ratio of 71.2% as of March 2026. This metric is calculated by deducting intangible assets (Nkr130.80 Million) from net assets (Nkr453.60 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 BNOR working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

71.2%
Tangible equity / total equity

Net Assets (Equity)

Nkr453.60 Million
NOK

Intangible Assets

Nkr130.80 Million
Goodwill, patents, brand value

Total Assets

Nkr3.50 Billion
NOK

BlueNord ASA Tangible Net Worth Ratio (2016–2025)

This chart shows how BlueNord ASA's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 71.2%, reflecting net assets of Nkr453.60 Million with intangible assets of Nkr130.80 Million NOK. See BNOR cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for BlueNord ASA (2016–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for BlueNord ASA from 2016 to 2025, covering 9 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 value of BlueNord ASA.

Year Tangible NW Ratio Net Assets (NOK) Intangible Assets Total Assets Change (pp)
2025 82.0% Nkr753.70 Million Nkr135.50 Million Nkr3.32 Billion ▲ +2.6 pp
2024 79.4% Nkr695.60 Million Nkr143.00 Million Nkr3.46 Billion ▼ -2.2 pp
2023 81.6% Nkr813.60 Million Nkr149.70 Million Nkr3.41 Billion ▲ +5.5 pp
2022 76.1% Nkr664.30 Million Nkr158.50 Million Nkr3.31 Billion ▲ +7.3 pp
2021 68.8% Nkr532.20 Million Nkr166.00 Million Nkr3.13 Billion ▼ -3.8 pp
2020 72.6% Nkr631.00 Million Nkr173.00 Million Nkr2.96 Billion ▲ +17.8 pp
2019 54.7% Nkr590.00 Million Nkr267.00 Million Nkr2.94 Billion ▼ -45.3 pp
2017 100.0% Nkr17.17 Million Nkr0.00 Nkr111.92 Million ▲ +0.0 pp
2016 100.0% Nkr50.55 Million Nkr0.00 Nkr187.40 Million
pp = percentage points