Vow Green Metals AS (VGM) — Tangible Net Worth Ratio

Latest as of December 2024: 89.9%

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. Also explore net asset growth rate of Vow Green Metals AS to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

89.9%
Tangible equity / total equity

Net Assets (Equity)

Nkr187.99 Million
NOK

Intangible Assets

Nkr19.01 Million
Goodwill, patents, brand value

Total Assets

Nkr436.37 Million
NOK

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. For live market cap and overall valuation, see Vow Green Metals AS (VGM) market capitalisation.

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. Explore Vow Green Metals AS capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

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
pp = percentage points