SmartCraft ASA (SMCRT) — Tangible Net Worth Ratio
SmartCraft ASA (SMCRT) has a Tangible Net Worth Ratio of 61.6% as of June 2025. This metric is calculated by deducting intangible assets (Nkr367.18 Million) from net assets (Nkr955.85 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 how liquid is SmartCraft ASA's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
SmartCraft ASA Tangible Net Worth Ratio (2018–2024)
This chart shows how SmartCraft ASA's Tangible Net Worth Ratio has changed across 7 annual periods from 2018 to 2024. As of June 2025, the ratio stands at 61.6%, reflecting net assets of Nkr955.85 Million with intangible assets of Nkr367.18 Million NOK. See SMCRT defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for SmartCraft ASA (2018–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for SmartCraft ASA 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 cap of SmartCraft ASA.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 61.6% | Nkr937.17 Million | Nkr360.10 Million | Nkr1.28 Billion | ▼ -9.5 pp |
| 2023 | 71.0% | Nkr849.97 Million | Nkr246.08 Million | Nkr1.10 Billion | ▼ -1.5 pp |
| 2022 | 72.6% | Nkr765.57 Million | Nkr209.94 Million | Nkr973.53 Million | ▼ -0.7 pp |
| 2021 | 73.3% | Nkr701.68 Million | Nkr187.38 Million | Nkr886.26 Million | ▲ +18.7 pp |
| 2020 | 54.6% | Nkr323.91 Million | Nkr146.98 Million | Nkr690.85 Million | ▼ -5.6 pp |
| 2019 | 60.2% | Nkr252.43 Million | Nkr100.44 Million | Nkr525.64 Million | ▼ -13.2 pp |
| 2018 | 73.4% | Nkr217.25 Million | Nkr57.70 Million | Nkr419.83 Million | — |