Norcod As (NCOD) — Tangible Net Worth Ratio
Norcod As (NCOD) has a Tangible Net Worth Ratio of 99.1% as of June 2025. This metric is calculated by deducting intangible assets (Nkr2.00 Million) from net assets (Nkr211.41 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 Norcod As (NCOD) net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Norcod As Tangible Net Worth Ratio (2018–2024)
This chart shows how Norcod As's Tangible Net Worth Ratio has changed across 7 annual periods from 2018 to 2024. As of June 2025, the ratio stands at 99.1%, reflecting net assets of Nkr211.41 Million with intangible assets of Nkr2.00 Million NOK. Also explore how fast is Norcod As growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Norcod As (2018–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Norcod As from 2018 to 2024, covering 7 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 Norcod As.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 98.7% | Nkr156.09 Million | Nkr2.00 Million | Nkr673.98 Million | ▼ -0.4 pp |
| 2023 | 99.1% | Nkr224.81 Million | Nkr2.00 Million | Nkr694.79 Million | ▲ +0.2 pp |
| 2022 | 98.9% | Nkr176.68 Million | Nkr2.00 Million | Nkr541.85 Million | ▲ +1.2 pp |
| 2021 | 97.6% | Nkr341.05 Million | Nkr8.04 Million | Nkr588.33 Million | ▼ -0.8 pp |
| 2020 | 98.4% | Nkr373.32 Million | Nkr5.90 Million | Nkr458.82 Million | ▲ +12.1 pp |
| 2019 | 86.4% | Nkr29.97 Million | Nkr4.09 Million | Nkr36.69 Million | ▼ -13.6 pp |
| 2018 | 100.0% | Nkr30.00K | Nkr0.00 | Nkr30.00K | — |