Norse Atlantic ASA (NORSE) — Tangible Net Worth Ratio
Norse Atlantic ASA (NORSE) has a Tangible Net Worth Ratio of 73.4% as of December 2022. This metric is calculated by deducting intangible assets (Nkr2.80 Million) from net assets (Nkr10.54 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 Norse Atlantic ASA equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Norse Atlantic ASA Tangible Net Worth Ratio (2020–2022)
This chart shows how Norse Atlantic ASA's Tangible Net Worth Ratio has changed across 3 annual periods from 2020 to 2022. As of December 2022, the ratio stands at 73.4%, reflecting net assets of Nkr10.54 Million with intangible assets of Nkr2.80 Million NOK. For live market cap and overall valuation, see NORSE market cap.
Annual Tangible Net Worth Ratio for Norse Atlantic ASA (2020–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Norse Atlantic ASA from 2020 to 2022, covering 3 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. Explore Norse Atlantic ASA capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 73.4% | Nkr10.54 Million | Nkr2.80 Million | Nkr1.09 Billion | ▼ -26.1 pp |
| 2021 | 99.5% | Nkr156.39 Million | Nkr796.00K | Nkr276.95 Million | ▼ -0.5 pp |
| 2020 | 100.0% | Nkr3.03 Million | Nkr0.00 | Nkr3.03 Million | — |