Hove AS (HOVE) — Working Capital to Net Assets Ratio
Hove AS (HOVE) has a Working Capital to Net Assets ratio of 72.9% as of December 2025. Working capital of Dkr63.51 Million (current assets of Dkr84.26 Million minus current liabilities of Dkr20.75 Million) is measured against net assets of Dkr87.16 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See HOVE free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hove AS Working Capital to Net Assets (2019–2025)
This chart shows how Hove AS's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of December 2025, the ratio stands at 72.9%, reflecting working capital of Dkr63.51 Million against net assets of Dkr87.16 Million DKK. See Hove AS liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hove AS (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hove AS from 2019 to 2025, covering 7 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see HOVE company net worth.
| Year | WC/NA Ratio | Working Capital (DKK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 72.9% | Dkr63.51 Million | Dkr87.16 Million | Dkr84.26 Million | Dkr20.75 Million | ▼ -4.1 pp |
| 2024 | 77.0% | Dkr61.08 Million | Dkr79.32 Million | Dkr77.55 Million | Dkr16.46 Million | ▼ -1.0 pp |
| 2023 | 78.0% | Dkr55.72 Million | Dkr71.42 Million | Dkr69.70 Million | Dkr13.97 Million | ▲ +2.5 pp |
| 2022 | 75.5% | Dkr50.76 Million | Dkr67.22 Million | Dkr83.15 Million | Dkr32.39 Million | ▼ -2.9 pp |
| 2021 | 78.4% | Dkr47.01 Million | Dkr59.96 Million | Dkr60.83 Million | Dkr13.82 Million | ▼ -19.1 pp |
| 2020 | 97.5% | Dkr20.49 Million | Dkr21.01 Million | Dkr34.84 Million | Dkr14.34 Million | ▲ +28.6 pp |
| 2019 | 68.9% | Dkr11.05 Million | Dkr16.03 Million | Dkr29.18 Million | Dkr18.13 Million | — |