Norva24 Group AB (NORVA) — Tangible Net Worth Ratio
Norva24 Group AB (NORVA) has a Tangible Net Worth Ratio of 91.8% as of December 2024. This metric is calculated by deducting intangible assets (Skr187.80 Million) from net assets (Skr2.29 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 NORVA current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Norva24 Group AB Tangible Net Worth Ratio (2017–2024)
This chart shows how Norva24 Group AB's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of December 2024, the ratio stands at 91.8%, reflecting net assets of Skr2.29 Billion with intangible assets of Skr187.80 Million SEK. See Norva24 Group AB defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Norva24 Group AB (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Norva24 Group AB from 2017 to 2024, covering 8 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 Norva24 Group AB (NORVA) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (SEK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 91.8% | Skr2.29 Billion | Skr187.80 Million | Skr5.07 Billion | ▼ -0.9 pp |
| 2023 | 92.7% | Skr2.07 Billion | Skr151.40 Million | Skr4.21 Billion | ▲ +1.5 pp |
| 2022 | 91.2% | Skr1.73 Billion | Skr152.50 Million | Skr3.61 Billion | ▼ -1.4 pp |
| 2021 | 92.6% | Skr1.62 Billion | Skr120.50 Million | Skr3.23 Billion | ▲ +8.4 pp |
| 2020 | 84.2% | Skr688.00 Million | Skr108.90 Million | Skr2.54 Billion | ▼ -4.1 pp |
| 2019 | 88.3% | Skr536.20 Million | Skr62.70 Million | Skr1.91 Billion | ▼ -11.5 pp |
| 2018 | 99.8% | Skr324.00 Million | Skr700.00K | Skr1.29 Billion | ▼ 0.0 pp |
| 2017 | 99.8% | Skr340.84 Million | Skr679.93K | Skr1.28 Billion | — |