Hynion AS (HYN) — Tangible Net Worth Ratio

Latest as of June 2024: 99.4%

Hynion AS (HYN) has a Tangible Net Worth Ratio of 99.4% as of June 2024. This metric is calculated by deducting intangible assets (Nkr98.97K) from net assets (Nkr16.46 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 what is Hynion AS's book value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

99.4%
Tangible equity / total equity

Net Assets (Equity)

Nkr16.46 Million
NOK

Intangible Assets

Nkr98.97K
Goodwill, patents, brand value

Total Assets

Nkr45.55 Million
NOK

Hynion AS Tangible Net Worth Ratio (2019–2023)

This chart shows how Hynion AS's Tangible Net Worth Ratio has changed across 5 annual periods from 2019 to 2023. As of June 2024, the ratio stands at 99.4%, reflecting net assets of Nkr16.46 Million with intangible assets of Nkr98.97K NOK. Also explore Hynion AS (HYN) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Hynion AS (2019–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for Hynion AS from 2019 to 2023, covering 5 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 HYN company net worth.

Year Tangible NW Ratio Net Assets (NOK) Intangible Assets Total Assets Change (pp)
2023 99.5% Nkr25.91 Million Nkr122.06K Nkr35.78 Million ▼ -0.2 pp
2022 99.7% Nkr55.70 Million Nkr168.24K Nkr70.07 Million ▲ +0.1 pp
2021 99.6% Nkr56.32 Million Nkr214.42K Nkr61.57 Million ▼ -0.4 pp
2020 100.0% Nkr6.99 Million Nkr0.00 Nkr8.11 Million ▲ +0.0 pp
2019 100.0% Nkr981.96K Nkr0.00 Nkr1.68 Million
pp = percentage points