BW Offshore Ltd (BWO) — Tangible Net Worth Ratio
BW Offshore Ltd (BWO) has a Tangible Net Worth Ratio of 92.1% as of September 2025. This metric is calculated by deducting intangible assets (Nkr89.10 Million) from net assets (Nkr1.13 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 BW Offshore Ltd'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
BW Offshore Ltd Tangible Net Worth Ratio (2004–2024)
This chart shows how BW Offshore Ltd's Tangible Net Worth Ratio has changed across 20 annual periods from 2004 to 2024. As of September 2025, the ratio stands at 92.1%, reflecting net assets of Nkr1.13 Billion with intangible assets of Nkr89.10 Million NOK. See defensive interval ratio of BW Offshore Ltd to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for BW Offshore Ltd (2004–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for BW Offshore Ltd from 2004 to 2024, covering 20 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 BW Offshore Ltd market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 95.7% | Nkr1.25 Billion | Nkr53.90 Million | Nkr4.05 Billion | ▲ +0.2 pp |
| 2023 | 95.5% | Nkr1.20 Billion | Nkr54.10 Million | Nkr3.95 Billion | ▲ +0.7 pp |
| 2022 | 94.7% | Nkr1.15 Billion | Nkr60.60 Million | Nkr3.50 Billion | ▲ +1.7 pp |
| 2021 | 93.0% | Nkr1.02 Billion | Nkr71.00 Million | Nkr3.01 Billion | ▼ -6.6 pp |
| 2020 | 99.7% | Nkr945.00 Million | Nkr3.30 Million | Nkr2.59 Billion | ▲ +6.6 pp |
| 2019 | 93.1% | Nkr1.46 Billion | Nkr101.10 Million | Nkr3.37 Billion | ▼ -6.8 pp |
| 2018 | 99.8% | Nkr1.32 Billion | Nkr2.10 Million | Nkr3.42 Billion | ▲ +0.1 pp |
| 2017 | 99.8% | Nkr1.26 Billion | Nkr2.80 Million | Nkr3.42 Billion | ▲ +0.2 pp |
| 2016 | 99.6% | Nkr919.90 Million | Nkr3.70 Million | Nkr3.37 Billion | ▲ +0.1 pp |
| 2015 | 99.5% | Nkr944.40 Million | Nkr4.40 Million | Nkr3.44 Billion | ▼ -0.1 pp |
| 2014 | 99.6% | Nkr1.20 Billion | Nkr4.20 Million | Nkr3.67 Billion | ▼ -0.1 pp |
| 2013 | 99.7% | Nkr1.12 Billion | Nkr2.90 Million | Nkr3.35 Billion | ▼ 0.0 pp |
| 2012 | 99.8% | Nkr1.13 Billion | Nkr2.60 Million | Nkr3.42 Billion | ▲ +16.0 pp |
| 2011 | 83.7% | Nkr1.17 Billion | Nkr190.50 Million | Nkr3.62 Billion | ▼ -4.4 pp |
| 2010 | 88.1% | Nkr1.38 Billion | Nkr163.40 Million | Nkr3.67 Billion | ▼ -3.9 pp |
| 2009 | 92.0% | Nkr920.90 Million | Nkr73.60 Million | Nkr2.39 Billion | ▲ +1.1 pp |
| 2008 | 90.9% | Nkr923.40 Million | Nkr83.70 Million | Nkr2.30 Billion | ▼ -6.2 pp |
| 2007 | 97.1% | Nkr1.51 Billion | Nkr43.50 Million | Nkr3.00 Billion | ▼ -2.6 pp |
| 2006 | 99.7% | Nkr383.40 Million | Nkr1.20 Million | Nkr879.00 Million | ▼ -0.3 pp |
| 2004 | 100.0% | Nkr70.49 Million | Nkr0.00 | Nkr240.13 Million | — |