Tessin Nordic Holding AB (TESSIN) — Tangible Net Worth Ratio

Latest as of September 2024: 66.8%

Tessin Nordic Holding AB (TESSIN) has a Tangible Net Worth Ratio of 66.8% as of September 2024. This metric is calculated by deducting intangible assets (Skr6.14 Million) from net assets (Skr18.48 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 TESSIN current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

66.8%
Tangible equity / total equity

Net Assets (Equity)

Skr18.48 Million
SEK

Intangible Assets

Skr6.14 Million
Goodwill, patents, brand value

Total Assets

Skr266.62 Million
SEK

Tessin Nordic Holding AB Tangible Net Worth Ratio (2018–2023)

This chart shows how Tessin Nordic Holding AB's Tangible Net Worth Ratio has changed across 6 annual periods from 2018 to 2023. As of September 2024, the ratio stands at 66.8%, reflecting net assets of Skr18.48 Million with intangible assets of Skr6.14 Million SEK. See defensive interval ratio of Tessin Nordic Holding AB to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Tessin Nordic Holding AB (2018–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for Tessin Nordic Holding AB from 2018 to 2023, covering 6 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 Tessin Nordic Holding AB (TESSIN) market capitalisation.

Year Tangible NW Ratio Net Assets (SEK) Intangible Assets Total Assets Change (pp)
2023 71.1% Skr15.66 Million Skr4.53 Million Skr256.96 Million ▼ -11.9 pp
2022 83.0% Skr29.18 Million Skr4.96 Million Skr259.10 Million ▼ -8.7 pp
2021 91.7% Skr57.41 Million Skr4.78 Million Skr268.84 Million ▲ +23.6 pp
2020 68.1% Skr18.14 Million Skr5.78 Million Skr50.69 Million ▼ -14.6 pp
2019 82.8% Skr32.00 Million Skr5.52 Million Skr49.36 Million ▼ -1.3 pp
2018 84.1% Skr24.06 Million Skr3.83 Million Skr28.72 Million
pp = percentage points