Otovo AS (OTOVO) — Tangible Net Worth Ratio
Otovo AS (OTOVO) has a Tangible Net Worth Ratio of 82.0% as of June 2025. This metric is calculated by deducting intangible assets (Nkr67.35 Million) from net assets (Nkr375.02 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 Otovo AS annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Otovo AS Tangible Net Worth Ratio (2017–2024)
This chart shows how Otovo AS's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of June 2025, the ratio stands at 82.0%, reflecting net assets of Nkr375.02 Million with intangible assets of Nkr67.35 Million NOK. For live market cap and overall valuation, see market cap of Otovo AS.
Annual Tangible Net Worth Ratio for Otovo AS (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Otovo AS from 2017 to 2024, covering 8 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. See OTOVO financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 81.9% | Nkr498.72 Million | Nkr90.45 Million | Nkr1.11 Billion | ▼ -8.6 pp |
| 2023 | 90.4% | Nkr874.20 Million | Nkr83.66 Million | Nkr1.36 Billion | ▲ +9.8 pp |
| 2022 | 80.7% | Nkr531.50 Million | Nkr102.80 Million | Nkr937.27 Million | ▲ +4.5 pp |
| 2021 | 76.1% | Nkr521.05 Million | Nkr124.41 Million | Nkr662.27 Million | ▼ -5.3 pp |
| 2020 | 81.4% | Nkr174.49 Million | Nkr32.43 Million | Nkr260.04 Million | ▼ -8.9 pp |
| 2019 | 90.3% | Nkr239.85 Million | Nkr23.19 Million | Nkr356.20 Million | ▼ -0.5 pp |
| 2018 | 90.8% | Nkr114.58 Million | Nkr10.53 Million | Nkr148.63 Million | ▼ -0.7 pp |
| 2017 | 91.5% | Nkr58.31 Million | Nkr4.95 Million | Nkr76.94 Million | — |