General Oceans ASA (GENO) — Tangible Net Worth Ratio
General Oceans ASA (GENO) has a Tangible Net Worth Ratio of 80.1% as of June 2026. This metric is calculated by deducting intangible assets (Nkr258.73 Million) from net assets (Nkr1.30 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 General Oceans ASA equity growth rate to track the company's year-over-year net asset growth rate.
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 June 2026, the ratio stands at 80.1%, reflecting net assets of Nkr1.30 Billion with intangible assets of Nkr258.73 Million NOK.
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 live market cap and overall valuation, see how much is General Oceans ASA worth.
| 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 | — |