TGS NOPEC Geophysical Company ASA (TGS) — Tangible Net Worth Ratio
TGS NOPEC Geophysical Company ASA (TGS) has a Tangible Net Worth Ratio of 28.2% as of March 2026. This metric is calculated by deducting intangible assets (Nkr1.39 Billion) from net assets (Nkr1.94 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 TGS total equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
TGS NOPEC Geophysical Company ASA Tangible Net Worth Ratio (2000–2025)
This chart shows how TGS NOPEC Geophysical Company ASA's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of March 2026, the ratio stands at 28.2%, reflecting net assets of Nkr1.94 Billion with intangible assets of Nkr1.39 Billion NOK. Also explore how fast is TGS NOPEC Geophysical Company ASA growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for TGS NOPEC Geophysical Company ASA (2000–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for TGS NOPEC Geophysical Company ASA from 2000 to 2025, covering 26 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 TGS NOPEC Geophysical Company ASA (TGS) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 33.8% | Nkr1.98 Billion | Nkr1.31 Billion | Nkr3.93 Billion | ▼ -0.8 pp |
| 2024 | 34.6% | Nkr2.08 Billion | Nkr1.36 Billion | Nkr4.04 Billion | ▼ -0.7 pp |
| 2023 | 35.2% | Nkr1.28 Billion | Nkr826.10 Million | Nkr1.96 Billion | ▼ -13.0 pp |
| 2022 | 48.3% | Nkr1.24 Billion | Nkr641.14 Million | Nkr1.84 Billion | ▲ +13.8 pp |
| 2021 | 34.5% | Nkr1.12 Billion | Nkr730.35 Million | Nkr1.63 Billion | ▲ +10.6 pp |
| 2020 | 23.9% | Nkr1.27 Billion | Nkr963.66 Million | Nkr2.02 Billion | ▼ -4.6 pp |
| 2019 | 28.5% | Nkr1.55 Billion | Nkr1.10 Billion | Nkr2.19 Billion | ▼ -1.3 pp |
| 2018 | 29.8% | Nkr1.25 Billion | Nkr878.86 Million | Nkr1.62 Billion | ▼ -2.9 pp |
| 2017 | 32.7% | Nkr1.20 Billion | Nkr808.06 Million | Nkr1.42 Billion | ▲ +2.9 pp |
| 2016 | 29.7% | Nkr1.17 Billion | Nkr821.41 Million | Nkr1.48 Billion | ▲ +0.5 pp |
| 2015 | 29.2% | Nkr1.20 Billion | Nkr848.18 Million | Nkr1.46 Billion | ▼ -9.0 pp |
| 2014 | 38.2% | Nkr1.34 Billion | Nkr827.48 Million | Nkr1.77 Billion | ▲ +0.5 pp |
| 2013 | 37.8% | Nkr1.29 Billion | Nkr804.84 Million | Nkr1.74 Billion | ▼ -1.8 pp |
| 2012 | 39.5% | Nkr1.17 Billion | Nkr706.81 Million | Nkr1.66 Billion | ▼ -3.2 pp |
| 2011 | 42.7% | Nkr973.02 Million | Nkr557.86 Million | Nkr1.33 Billion | ▼ -2.4 pp |
| 2010 | 45.1% | Nkr908.77 Million | Nkr499.31 Million | Nkr1.22 Billion | ▲ +5.1 pp |
| 2009 | 39.9% | Nkr839.86 Million | Nkr504.46 Million | Nkr1.14 Billion | ▼ -53.4 pp |
| 2008 | 93.3% | Nkr661.06 Million | Nkr44.25 Million | Nkr954.32 Million | ▲ +40.5 pp |
| 2007 | 52.8% | Nkr567.83 Million | Nkr268.03 Million | Nkr852.64 Million | ▼ -7.5 pp |
| 2006 | 60.3% | Nkr477.04 Million | Nkr189.34 Million | Nkr676.23 Million | ▲ +7.3 pp |
| 2005 | 53.0% | Nkr320.77 Million | Nkr150.69 Million | Nkr464.74 Million | ▲ +11.2 pp |
| 2004 | 41.8% | Nkr239.54 Million | Nkr139.35 Million | Nkr345.34 Million | ▼ -49.9 pp |
| 2003 | 91.7% | Nkr195.91 Million | Nkr16.17 Million | Nkr249.72 Million | ▲ +61.1 pp |
| 2002 | 30.6% | Nkr165.97 Million | Nkr115.12 Million | Nkr228.75 Million | ▼ -66.7 pp |
| 2001 | 97.3% | Nkr1.18 Billion | Nkr31.96 Million | Nkr1.90 Billion | ▲ +1.3 pp |
| 2000 | 96.0% | Nkr806.29 Million | Nkr31.94 Million | Nkr1.30 Billion | — |