Nordic Iron Ore (NIO) — Tangible Net Worth Ratio
Nordic Iron Ore (NIO) has a Tangible Net Worth Ratio of 20.1% as of September 2025. This metric is calculated by deducting intangible assets (Skr206.50 Million) from net assets (Skr258.38 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 how liquid is Nordic Iron Ore's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Nordic Iron Ore Tangible Net Worth Ratio (2010–2024)
This chart shows how Nordic Iron Ore's Tangible Net Worth Ratio has changed across 15 annual periods from 2010 to 2024. As of September 2025, the ratio stands at 20.1%, reflecting net assets of Skr258.38 Million with intangible assets of Skr206.50 Million SEK. See NIO cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Nordic Iron Ore (2010–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Nordic Iron Ore from 2010 to 2024, covering 15 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 Nordic Iron Ore market capitalisation.
| Year | Tangible NW Ratio | Net Assets (SEK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 39.1% | Skr273.64 Million | Skr166.58 Million | Skr281.90 Million | ▲ +65.5 pp |
| 2023 | -26.3% | Skr132.13 Million | Skr166.95 Million | Skr170.51 Million | ▼ -12.7 pp |
| 2022 | -13.7% | Skr145.07 Million | Skr164.89 Million | Skr169.95 Million | ▼ -10.5 pp |
| 2021 | -3.1% | Skr155.54 Million | Skr160.44 Million | Skr165.77 Million | ▼ -1.2 pp |
| 2020 | -1.9% | Skr153.75 Million | Skr156.72 Million | Skr164.91 Million | ▼ -0.9 pp |
| 2019 | -1.0% | Skr147.83 Million | Skr149.36 Million | Skr166.38 Million | ▼ -0.7 pp |
| 2018 | -0.3% | Skr136.65 Million | Skr137.10 Million | Skr147.30 Million | ▲ +14.7 pp |
| 2017 | -15.0% | Skr106.25 Million | Skr122.22 Million | Skr125.08 Million | ▲ +0.5 pp |
| 2016 | -15.6% | Skr98.10 Million | Skr113.37 Million | Skr115.14 Million | ▼ -13.3 pp |
| 2015 | -2.2% | Skr106.84 Million | Skr109.22 Million | Skr122.83 Million | ▼ -2.7 pp |
| 2014 | 0.4% | Skr98.94 Million | Skr98.51 Million | Skr121.25 Million | ▲ +33.9 pp |
| 2013 | -33.5% | Skr55.11 Million | Skr73.58 Million | Skr81.52 Million | ▼ -49.4 pp |
| 2012 | 15.9% | Skr70.92K | Skr59.63K | Skr81.19K | ▼ -84.1 pp |
| 2011 | 100.0% | Skr30.15 Million | Skr0.00 | Skr36.04 Million | ▲ +0.0 pp |
| 2010 | 100.0% | Skr16.16 Million | Skr0.00 | Skr18.25 Million | — |