Vow Green Metals AS (VGM) — Tangible Net Worth Ratio
Vow Green Metals AS (VGM) has a Tangible Net Worth Ratio of 89.9% as of December 2024. This metric is calculated by deducting intangible assets (Nkr19.01 Million) from net assets (Nkr187.99 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 VGM net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Vow Green Metals AS Tangible Net Worth Ratio (2020–2024)
This chart shows how Vow Green Metals AS's Tangible Net Worth Ratio has changed across 5 annual periods from 2020 to 2024. As of December 2024, the ratio stands at 89.9%, reflecting net assets of Nkr187.99 Million with intangible assets of Nkr19.01 Million NOK. See VGM days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Vow Green Metals AS (2020–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Vow Green Metals AS 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 Vow Green Metals AS (VGM) total market value.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 89.9% | Nkr187.99 Million | Nkr19.01 Million | Nkr436.37 Million | ▼ -0.4 pp |
| 2023 | 90.3% | Nkr99.97 Million | Nkr9.67 Million | Nkr183.17 Million | ▼ -5.6 pp |
| 2022 | 95.9% | Nkr125.88 Million | Nkr5.17 Million | Nkr131.66 Million | ▼ -3.3 pp |
| 2021 | 99.2% | Nkr141.16 Million | Nkr1.11 Million | Nkr144.30 Million | ▼ -0.8 pp |
| 2020 | 100.0% | Nkr30.00K | Nkr0.00 | Nkr30.00K | — |