Northern Data AG (NB2) — Tangible Net Worth Ratio
Northern Data AG (NB2) has a Tangible Net Worth Ratio of 97.2% as of December 2024. This metric is calculated by deducting intangible assets (€23.32 Million) from net assets (€839.83 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 Northern Data AG working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Northern Data AG Tangible Net Worth Ratio (2013–2025)
This chart shows how Northern Data AG's Tangible Net Worth Ratio has changed across 8 annual periods from 2013 to 2025. As of December 2024, the ratio stands at 97.2%, reflecting net assets of €839.83 Million with intangible assets of €23.32 Million EUR. See Northern Data AG liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Northern Data AG (2013–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Northern Data AG from 2013 to 2025, 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 market value of Northern Data AG.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 97.8% | €442.21 Million | €9.53 Million | €1.26 Billion | ▲ +0.6 pp |
| 2024 | 97.2% | €839.83 Million | €23.32 Million | €1.66 Billion | ▼ -2.3 pp |
| 2023 | 99.5% | €734.38 Million | €3.77 Million | €1.04 Billion | ▼ 0.0 pp |
| 2022 | 99.5% | €359.41 Million | €1.77 Million | €450.59 Million | ▲ +10.2 pp |
| 2021 | 89.3% | €612.27 Million | €65.54 Million | €798.77 Million | ▲ +67.6 pp |
| 2020 | 21.7% | €176.52 Million | €138.16 Million | €527.52 Million | ▼ -76.3 pp |
| 2015 | 98.1% | €486.71K | €9.35K | €767.01K | ▼ -1.9 pp |
| 2013 | 100.0% | €46.99K | €0.00 | €47.02K | — |