Odfjell Technology Ltd (OTL) — Tangible Net Worth Ratio
Odfjell Technology Ltd (OTL) has a Tangible Net Worth Ratio of 86.6% as of September 2025. This metric is calculated by deducting intangible assets (Nkr164.70 Million) from net assets (Nkr1.23 Billion) 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 OTL current assets 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
Odfjell Technology Ltd Tangible Net Worth Ratio (2018–2024)
This chart shows how Odfjell Technology Ltd's Tangible Net Worth Ratio has changed across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 86.6%, reflecting net assets of Nkr1.23 Billion with intangible assets of Nkr164.70 Million NOK. See Odfjell Technology Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Odfjell Technology Ltd (2018–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Odfjell Technology Ltd 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 OTL market cap overview.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 86.7% | Nkr1.38 Billion | Nkr182.90 Million | Nkr4.18 Billion | ▼ -1.7 pp |
| 2023 | 88.4% | Nkr1.08 Billion | Nkr124.50 Million | Nkr3.69 Billion | ▲ +3.8 pp |
| 2022 | 84.7% | Nkr778.80 Million | Nkr119.30 Million | Nkr3.11 Billion | ▼ -12.4 pp |
| 2021 | 97.1% | Nkr2.96 Billion | Nkr85.30 Million | Nkr3.92 Billion | ▲ +0.0 pp |
| 2020 | 97.1% | Nkr2.64 Billion | Nkr76.20 Million | Nkr3.29 Billion | ▲ +0.6 pp |
| 2019 | 96.6% | Nkr325.22 Million | Nkr11.22 Million | Nkr395.31 Million | ▲ +0.5 pp |
| 2018 | 96.1% | Nkr283.38 Million | Nkr11.17 Million | Nkr343.79 Million | — |