Equinor ASA Tangible Net Worth Ratio
Equinor ASA tangible net worth ratio. Equinor ASA (EQNR) has a Tangible Net Worth Ratio of 85.3% as of December 2025. This metric is calculated by deducting intangible assets (Nkr5.95 Billion) from net assets (Nkr40.42 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. Also explore Equinor ASA (EQNR) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Equinor ASA (1998–2024)
Tangible net worth ratio of Equinor ASA from 1998 to 2024. This chart shows how Equinor ASA's Tangible Net Worth Ratio has changed across 27 annual periods from 1998 to 2024. As of December 2025, the ratio stands at 85.3%, reflecting net assets of Nkr40.42 Billion with intangible assets of Nkr5.95 Billion NOK. Check Equinor ASA strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Equinor ASA Tangible Net Worth Ratio by Year (1998–2024)
Equinor ASA tangible net worth ratio by year from 1998 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Equinor ASA from 1998 to 2024, covering 27 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 live market cap and overall valuation, see how much is Equinor ASA worth.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 92.8% | Nkr42.38 Billion | Nkr3.06 Billion | Nkr131.14 Billion | ▲ +1.0 pp |
| 2023 | 91.8% | Nkr48.50 Billion | Nkr3.98 Billion | Nkr143.58 Billion | ▼ -1.2 pp |
| 2022 | 93.0% | Nkr53.99 Billion | Nkr3.78 Billion | Nkr158.02 Billion | ▲ +5.8 pp |
| 2021 | 87.2% | Nkr39.02 Billion | Nkr4.99 Billion | Nkr147.12 Billion | ▲ +6.9 pp |
| 2020 | 80.3% | Nkr33.89 Billion | Nkr6.67 Billion | Nkr121.97 Billion | ▲ +2.9 pp |
| 2019 | 77.5% | Nkr41.16 Billion | Nkr9.28 Billion | Nkr118.06 Billion | ▼ -1.4 pp |
| 2018 | 78.8% | Nkr42.99 Billion | Nkr9.11 Billion | Nkr112.51 Billion | ▼ -0.4 pp |
| 2017 | 79.2% | Nkr39.88 Billion | Nkr8.28 Billion | Nkr111.10 Billion | ▲ +4.6 pp |
| 2016 | 74.6% | Nkr35.10 Billion | Nkr8.91 Billion | Nkr104.53 Billion | ▼ -2.7 pp |
| 2015 | 77.3% | Nkr40.38 Billion | Nkr9.16 Billion | Nkr109.96 Billion | ▼ -2.1 pp |
| 2014 | 79.5% | Nkr51.27 Billion | Nkr10.53 Billion | Nkr132.67 Billion | ▲ +2.2 pp |
| 2013 | 77.2% | Nkr58.54 Billion | Nkr13.34 Billion | Nkr145.62 Billion | ▲ +1.6 pp |
| 2012 | 75.6% | Nkr57.29 Billion | Nkr13.95 Billion | Nkr140.50 Billion | ▲ +8.1 pp |
| 2011 | 67.5% | Nkr47.77 Billion | Nkr15.53 Billion | Nkr128.77 Billion | ▼ -15.0 pp |
| 2010 | 82.5% | Nkr38.51 Billion | Nkr6.75 Billion | Nkr109.38 Billion | ▲ +9.6 pp |
| 2009 | 72.9% | Nkr34.53 Billion | Nkr9.36 Billion | Nkr97.13 Billion | ▲ +3.5 pp |
| 2008 | 69.4% | Nkr31.05 Billion | Nkr9.49 Billion | Nkr83.12 Billion | ▼ -5.5 pp |
| 2007 | 75.0% | Nkr32.97 Billion | Nkr8.26 Billion | Nkr88.96 Billion | ▼ -16.0 pp |
| 2006 | 90.9% | Nkr19.84 Billion | Nkr1.80 Billion | Nkr50.60 Billion | ▼ -9.1 pp |
| 2005 | 100.0% | Nkr16.02 Billion | Nkr0.00 | Nkr42.22 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | Nkr14.36 Billion | Nkr0.00 | Nkr41.13 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | Nkr10.78 Billion | Nkr0.00 | Nkr33.33 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | Nkr8.43 Billion | Nkr0.00 | Nkr29.58 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | Nkr5.93 Billion | Nkr0.00 | Nkr22.23 Billion | ▲ +46.2 pp |
| 2000 | 53.8% | Nkr7.93 Billion | Nkr3.67 Billion | Nkr25.16 Billion | ▼ -46.2 pp |
| 1999 | 100.0% | Nkr5.19 Billion | Nkr0.00 | Nkr20.97 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | Nkr5.43 Billion | Nkr0.00 | Nkr18.65 Billion | — |