Northern Ocean Ltd Tangible Net Worth Ratio
Northern Ocean Ltd tangible net worth ratio. Northern Ocean Ltd (NOL) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (Nkr0.00) from net assets (Nkr395.01 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. Also explore net asset growth rate of Northern Ocean Ltd to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Northern Ocean Ltd (2019–2024)
Tangible net worth ratio of Northern Ocean Ltd from 2019 to 2024. This chart shows how Northern Ocean Ltd's Tangible Net Worth Ratio has changed across 6 annual periods from 2019 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of Nkr395.01 Million with intangible assets of Nkr0.00 NOK. Check Northern Ocean Ltd (NOL) strategic investment index to assess the company's strategic physical and investment asset allocation.
Northern Ocean Ltd Tangible Net Worth Ratio by Year (2019–2024)
Northern Ocean Ltd tangible net worth ratio by year from 2019 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Northern Ocean Ltd from 2019 to 2024, covering 6 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 Northern Ocean Ltd market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | Nkr446.16 Million | Nkr0.00 | Nkr1.03 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | Nkr436.89 Million | Nkr0.00 | Nkr1.06 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | Nkr506.80 Million | Nkr0.00 | Nkr1.05 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | Nkr495.63 Million | Nkr0.00 | Nkr977.55 Million | ▲ +0.0 pp |
| 2020 | 100.0% | Nkr507.07 Million | Nkr0.00 | Nkr1.13 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | Nkr543.12 Million | Nkr0.00 | Nkr1.10 Billion | — |