General Oceans ASA (GENO) — Tangible Net Worth Ratio
General Oceans ASA (GENO) has a Tangible Net Worth Ratio of 87.1% as of March 2026. This metric is calculated by deducting intangible assets (Nkr150.69 Million) from net assets (Nkr1.17 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 GENO net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
General Oceans ASA Tangible Net Worth Ratio (2023–2025)
This chart shows how General Oceans ASA's Tangible Net Worth Ratio has changed across 3 annual periods from 2023 to 2025. As of March 2026, the ratio stands at 87.1%, reflecting net assets of Nkr1.17 Billion with intangible assets of Nkr150.69 Million NOK. Also explore net asset momentum of General Oceans ASA to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for General Oceans ASA (2023–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for General Oceans ASA from 2023 to 2025, covering 3 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 GENO market cap overview.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 77.2% | Nkr707.84 Million | Nkr161.47 Million | Nkr1.35 Billion | ▲ +21.6 pp |
| 2024 | 55.6% | Nkr718.39 Million | Nkr319.01 Million | Nkr1.32 Billion | ▼ -4.1 pp |
| 2023 | 59.7% | Nkr625.28 Million | Nkr252.01 Million | Nkr1.05 Billion | — |