Elliptic Laboratories AS (ELABS) — Tangible Net Worth Ratio
Elliptic Laboratories AS (ELABS) has a Tangible Net Worth Ratio of 68.2% as of March 2026. This metric is calculated by deducting intangible assets (Nkr70.31 Million) from net assets (Nkr221.13 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. Also explore how fast is Elliptic Laboratories AS growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Elliptic Laboratories AS Tangible Net Worth Ratio (2017–2025)
This chart shows how Elliptic Laboratories AS's Tangible Net Worth Ratio has changed across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 68.2%, reflecting net assets of Nkr221.13 Million with intangible assets of Nkr70.31 Million NOK. For live market cap and overall valuation, see ELABS company net worth.
Annual Tangible Net Worth Ratio for Elliptic Laboratories AS (2017–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Elliptic Laboratories AS from 2017 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. Explore capital reinvestment ratio of Elliptic Laboratories AS to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 62.4% | Nkr189.79 Million | Nkr71.45 Million | Nkr221.66 Million | ▼ -17.3 pp |
| 2024 | 79.6% | Nkr325.34 Million | Nkr66.25 Million | Nkr361.03 Million | ▼ -2.1 pp |
| 2023 | 81.8% | Nkr305.40 Million | Nkr55.63 Million | Nkr348.20 Million | ▼ -3.6 pp |
| 2022 | 85.4% | Nkr325.62 Million | Nkr47.57 Million | Nkr349.32 Million | ▼ -3.9 pp |
| 2021 | 89.3% | Nkr342.77 Million | Nkr36.56 Million | Nkr371.36 Million | ▲ +4.3 pp |
| 2020 | 85.0% | Nkr188.10 Million | Nkr28.24 Million | Nkr218.72 Million | ▲ +5.7 pp |
| 2019 | 79.3% | Nkr80.03 Million | Nkr16.55 Million | Nkr139.37 Million | ▲ +0.1 pp |
| 2018 | 79.2% | Nkr47.40 Million | Nkr9.85 Million | Nkr102.24 Million | ▼ -16.3 pp |
| 2017 | 95.5% | Nkr71.86 Million | Nkr3.22 Million | Nkr98.45 Million | — |