Goodtech (GOD) — Tangible Net Worth Ratio

Latest as of December 2025: 39.7%

Goodtech (GOD) has a Tangible Net Worth Ratio of 39.7% as of December 2025. This metric is calculated by deducting intangible assets (Nkr167.10 Million) from net assets (Nkr277.00 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. See Goodtech (GOD) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

39.7%
Tangible equity / total equity

Net Assets (Equity)

Nkr277.00 Million
NOK

Intangible Assets

Nkr167.10 Million
Goodwill, patents, brand value

Total Assets

Nkr510.40 Million
NOK

Goodtech Tangible Net Worth Ratio (2003–2025)

This chart shows how Goodtech's Tangible Net Worth Ratio has changed across 23 annual periods from 2003 to 2025. As of December 2025, the ratio stands at 39.7%, reflecting net assets of Nkr277.00 Million with intangible assets of Nkr167.10 Million NOK. See GOD defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Goodtech (2003–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Goodtech from 2003 to 2025, covering 23 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 Goodtech market capitalisation.

Year Tangible NW Ratio Net Assets (NOK) Intangible Assets Total Assets Change (pp)
2025 39.7% Nkr277.00 Million Nkr167.10 Million Nkr510.40 Million ▼ -53.9 pp
2024 93.5% Nkr262.80 Million Nkr17.00 Million Nkr528.20 Million ▼ -0.4 pp
2023 93.9% Nkr280.40 Million Nkr17.00 Million Nkr580.30 Million ▼ -2.4 pp
2022 96.4% Nkr258.90 Million Nkr9.42 Million Nkr547.17 Million ▼ -1.6 pp
2021 98.0% Nkr261.74 Million Nkr5.22 Million Nkr517.11 Million ▼ -1.7 pp
2020 99.7% Nkr276.25 Million Nkr939.00K Nkr505.02 Million ▲ +0.8 pp
2019 98.9% Nkr229.86 Million Nkr2.53 Million Nkr444.80 Million ▲ +0.7 pp
2018 98.2% Nkr233.29 Million Nkr4.29 Million Nkr451.68 Million ▲ +2.9 pp
2017 95.3% Nkr297.82 Million Nkr14.13 Million Nkr519.60 Million ▲ +0.6 pp
2016 94.7% Nkr308.63 Million Nkr16.47 Million Nkr584.38 Million ▲ +1.1 pp
2015 93.5% Nkr341.75 Million Nkr22.08 Million Nkr663.74 Million ▲ +0.1 pp
2014 93.4% Nkr686.52 Million Nkr45.38 Million Nkr1.57 Billion ▼ -1.4 pp
2013 94.8% Nkr725.19 Million Nkr37.53 Million Nkr1.54 Billion ▼ -0.4 pp
2012 95.2% Nkr687.82 Million Nkr33.15 Million Nkr1.44 Billion ▲ +90.1 pp
2011 5.1% Nkr666.98 Million Nkr633.22 Million Nkr1.39 Billion ▲ +4.4 pp
2010 0.7% Nkr650.59 Million Nkr646.02 Million Nkr1.33 Billion ▼ -42.8 pp
2009 43.6% Nkr373.31 Million Nkr210.73 Million Nkr520.89 Million ▲ +0.4 pp
2008 43.1% Nkr345.80 Million Nkr196.72 Million Nkr502.24 Million ▼ -1.3 pp
2007 44.5% Nkr294.60 Million Nkr163.62 Million Nkr414.84 Million ▲ +42.2 pp
2006 2.2% Nkr144.02 Million Nkr140.84 Million Nkr294.51 Million ▲ +9.0 pp
2005 -6.7% Nkr115.97 Million Nkr123.79 Million Nkr251.11 Million ▼ -105.2 pp
2004 98.4% Nkr12.65 Million Nkr197.00K Nkr45.45 Million ▼ -0.5 pp
2003 98.9% Nkr20.60 Million Nkr223.00K Nkr49.45 Million
pp = percentage points