Thor Medical ASA (TRMED) — Tangible Net Worth Ratio
Thor Medical ASA (TRMED) has a Tangible Net Worth Ratio of 42.2% as of June 2025. This metric is calculated by deducting intangible assets (Nkr273.60 Million) from net assets (Nkr473.50 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 Thor Medical ASA current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Thor Medical ASA Tangible Net Worth Ratio (2020–2024)
This chart shows how Thor Medical ASA's Tangible Net Worth Ratio has changed across 5 annual periods from 2020 to 2024. As of June 2025, the ratio stands at 42.2%, reflecting net assets of Nkr473.50 Million with intangible assets of Nkr273.60 Million NOK. See Thor Medical ASA defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Thor Medical ASA (2020–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Thor Medical ASA from 2020 to 2024, covering 5 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 value of Thor Medical ASA.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 27.1% | Nkr337.10 Million | Nkr245.82 Million | Nkr414.40 Million | ▲ +18.0 pp |
| 2023 | 9.1% | Nkr271.93 Million | Nkr247.26 Million | Nkr330.83 Million | ▼ -90.9 pp |
| 2022 | 100.0% | Nkr63.84 Million | Nkr0.00 | Nkr109.64 Million | ▲ +0.0 pp |
| 2021 | 100.0% | Nkr140.52 Million | Nkr0.00 | Nkr296.67 Million | ▲ +0.0 pp |
| 2020 | 100.0% | Nkr178.67 Million | Nkr0.00 | Nkr314.61 Million | — |