Techstep ASA (TECH) — Tangible Net Worth Ratio
Techstep ASA (TECH) has a Tangible Net Worth Ratio of 80.4% as of June 2025. This metric is calculated by deducting intangible assets (Nkr107.49 Million) from net assets (Nkr548.31 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 TECH net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Techstep ASA Tangible Net Worth Ratio (2004–2024)
This chart shows how Techstep ASA's Tangible Net Worth Ratio has changed across 20 annual periods from 2004 to 2024. As of June 2025, the ratio stands at 80.4%, reflecting net assets of Nkr548.31 Million with intangible assets of Nkr107.49 Million NOK. Also explore net asset momentum of Techstep ASA to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Techstep ASA (2004–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Techstep ASA from 2004 to 2024, covering 20 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 TECH market cap.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 78.2% | Nkr570.61 Million | Nkr124.66 Million | Nkr1.18 Billion | ▲ +6.2 pp |
| 2023 | 71.9% | Nkr573.70 Million | Nkr160.99 Million | Nkr1.27 Billion | ▲ +3.8 pp |
| 2022 | 68.1% | Nkr571.52 Million | Nkr182.30 Million | Nkr1.32 Billion | ▲ +1.1 pp |
| 2021 | 67.0% | Nkr555.59 Million | Nkr183.21 Million | Nkr1.31 Billion | ▼ -3.2 pp |
| 2020 | 70.2% | Nkr563.45 Million | Nkr168.04 Million | Nkr1.20 Billion | ▼ -16.2 pp |
| 2019 | 86.4% | Nkr455.97 Million | Nkr62.06 Million | Nkr817.19 Million | ▼ -0.4 pp |
| 2018 | 86.8% | Nkr513.78 Million | Nkr67.73 Million | Nkr787.95 Million | ▲ +4.0 pp |
| 2017 | 82.8% | Nkr450.11 Million | Nkr77.39 Million | Nkr765.48 Million | ▼ -10.2 pp |
| 2016 | 93.0% | Nkr260.29 Million | Nkr18.12 Million | Nkr508.41 Million | ▼ -7.0 pp |
| 2015 | 100.0% | Nkr24.93 Million | Nkr0.00 | Nkr36.76 Million | ▲ +14.7 pp |
| 2014 | 85.3% | Nkr65.99 Million | Nkr9.69 Million | Nkr84.51 Million | ▲ +4.6 pp |
| 2013 | 80.8% | Nkr70.82 Million | Nkr13.62 Million | Nkr89.46 Million | ▲ +7.7 pp |
| 2012 | 73.0% | Nkr58.62 Million | Nkr15.80 Million | Nkr80.83 Million | ▲ +47.4 pp |
| 2011 | 25.6% | Nkr80.85 Million | Nkr60.16 Million | Nkr107.61 Million | ▼ -10.7 pp |
| 2010 | 36.3% | Nkr118.13 Million | Nkr75.27 Million | Nkr157.49 Million | ▼ -63.7 pp |
| 2009 | 100.0% | Nkr172.22 Million | Nkr0.00 | Nkr212.25 Million | ▲ +0.0 pp |
| 2008 | 100.0% | Nkr206.53 Million | Nkr0.00 | Nkr282.65 Million | ▲ +1.4 pp |
| 2006 | 98.6% | Nkr178.79 Million | Nkr2.48 Million | Nkr202.37 Million | ▲ +0.9 pp |
| 2005 | 97.7% | Nkr159.40 Million | Nkr3.63 Million | Nkr186.36 Million | ▼ -1.6 pp |
| 2004 | 99.3% | Nkr107.33 Million | Nkr733.00K | Nkr125.04 Million | — |