Magnora ASA (MGN) — Tangible Net Worth Ratio
Magnora ASA (MGN) has a Tangible Net Worth Ratio of 63.7% as of June 2025. This metric is calculated by deducting intangible assets (Nkr144.50 Million) from net assets (Nkr398.00 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 Magnora ASA (MGN) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Magnora ASA Tangible Net Worth Ratio (2002–2024)
This chart shows how Magnora ASA's Tangible Net Worth Ratio has changed across 23 annual periods from 2002 to 2024. As of June 2025, the ratio stands at 63.7%, reflecting net assets of Nkr398.00 Million with intangible assets of Nkr144.50 Million NOK. See Magnora ASA defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Magnora ASA (2002–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Magnora ASA from 2002 to 2024, 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 market value of Magnora ASA.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 63.1% | Nkr402.20 Million | Nkr148.50 Million | Nkr575.30 Million | ▼ -12.4 pp |
| 2023 | 75.5% | Nkr552.30 Million | Nkr135.20 Million | Nkr604.60 Million | ▲ +15.1 pp |
| 2022 | 60.4% | Nkr431.80 Million | Nkr170.90 Million | Nkr564.20 Million | ▼ -39.6 pp |
| 2021 | 100.0% | Nkr171.80 Million | Nkr0.00 | Nkr192.70 Million | ▲ +0.0 pp |
| 2020 | 100.0% | Nkr118.10 Million | Nkr0.00 | Nkr124.10 Million | ▲ +0.0 pp |
| 2019 | 100.0% | Nkr105.60 Million | Nkr0.00 | Nkr113.20 Million | ▲ +0.0 pp |
| 2018 | 100.0% | Nkr135.80 Million | Nkr0.00 | Nkr150.20 Million | ▲ +2.3 pp |
| 2017 | 97.7% | Nkr184.00 Million | Nkr4.30 Million | Nkr221.20 Million | ▲ +0.3 pp |
| 2016 | 97.3% | Nkr220.44 Million | Nkr5.90 Million | Nkr367.39 Million | ▼ -0.1 pp |
| 2015 | 97.4% | Nkr437.76 Million | Nkr11.43 Million | Nkr761.25 Million | ▼ -2.1 pp |
| 2014 | 99.5% | Nkr826.75 Million | Nkr4.46 Million | Nkr1.08 Billion | ▲ +0.0 pp |
| 2013 | 99.4% | Nkr767.50 Million | Nkr4.26 Million | Nkr1.00 Billion | ▲ +0.3 pp |
| 2012 | 99.2% | Nkr526.49 Million | Nkr4.47 Million | Nkr3.78 Billion | ▲ +8.5 pp |
| 2011 | 90.7% | Nkr735.95 Million | Nkr68.64 Million | Nkr3.47 Billion | ▼ -7.6 pp |
| 2010 | 98.3% | Nkr4.75 Billion | Nkr80.19 Million | Nkr15.21 Billion | ▼ -0.2 pp |
| 2009 | 98.5% | Nkr5.87 Billion | Nkr85.13 Million | Nkr13.61 Billion | ▼ -0.4 pp |
| 2008 | 98.9% | Nkr6.40 Billion | Nkr67.87 Million | Nkr10.58 Billion | ▲ +1.6 pp |
| 2007 | 97.4% | Nkr3.11 Billion | Nkr81.51 Million | Nkr8.24 Billion | ▼ -2.0 pp |
| 2006 | 99.4% | Nkr2.28 Billion | Nkr14.01 Million | Nkr5.37 Billion | ▼ -0.2 pp |
| 2005 | 99.6% | Nkr732.26 Million | Nkr3.09 Million | Nkr1.73 Billion | ▲ +0.3 pp |
| 2004 | 99.3% | Nkr182.86 Million | Nkr1.27 Million | Nkr199.55 Million | ▼ -0.7 pp |
| 2003 | 100.0% | Nkr12.36 Million | Nkr0.00 | Nkr14.41 Million | ▲ +0.0 pp |
| 2002 | 100.0% | Nkr9.10 Million | Nkr0.00 | Nkr14.55 Million | — |