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. Also explore NORVA net asset momentum to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see NORVA market cap overview.
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. Explore how much does Norva24 Group AB reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |