Nordfyns Bank A/S (NRDF) — Working Capital to Net Assets Ratio
Nordfyns Bank A/S (NRDF) has a Working Capital to Net Assets ratio of -247.9% as of September 2024. Working capital of Dkr-1.81 Billion (current assets of Dkr-1.77 Billion minus current liabilities of Dkr44.45 Million) is measured against net assets of Dkr730.71 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Nordfyns Bank A/S balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nordfyns Bank A/S Working Capital to Net Assets (2005–2023)
This chart shows how Nordfyns Bank A/S's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2005 to 2023. As of September 2024, the ratio stands at -247.9%, reflecting working capital of Dkr-1.81 Billion against net assets of Dkr730.71 Million DKK. Check tangible equity quality of Nordfyns Bank A/S to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Nordfyns Bank A/S (2005–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nordfyns Bank A/S from 2005 to 2023, covering 16 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 NRDF market cap overview.
| Year | WC/NA Ratio | Working Capital (DKK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -221.8% | Dkr-1.62 Billion | Dkr731.38 Million | Dkr1.29 Billion | Dkr2.91 Billion | ▼ -373.2 pp |
| 2022 | 151.4% | Dkr945.38 Million | Dkr624.44 Million | Dkr988.24 Million | Dkr42.86 Million | ▲ +3.4 pp |
| 2021 | 148.0% | Dkr887.34 Million | Dkr599.61 Million | Dkr903.98 Million | Dkr16.64 Million | ▼ -57.7 pp |
| 2020 | 205.7% | Dkr1.08 Billion | Dkr527.15 Million | Dkr1.10 Billion | Dkr14.38 Million | ▲ +3.1 pp |
| 2019 | 202.6% | Dkr909.38 Million | Dkr448.80 Million | Dkr932.74 Million | Dkr23.36 Million | ▲ +24.5 pp |
| 2018 | 178.2% | Dkr723.51 Million | Dkr406.11 Million | Dkr738.77 Million | Dkr15.27 Million | ▲ +25.0 pp |
| 2017 | 153.1% | Dkr596.73 Million | Dkr389.64 Million | Dkr610.54 Million | Dkr13.81 Million | ▲ +22.4 pp |
| 2016 | 130.8% | Dkr446.74 Million | Dkr341.65 Million | Dkr468.74 Million | Dkr22.00 Million | ▼ -17.4 pp |
| 2015 | 148.1% | Dkr462.87 Million | Dkr312.43 Million | Dkr480.09 Million | Dkr17.22 Million | ▼ -48.8 pp |
| 2014 | 197.0% | Dkr566.41 Million | Dkr287.58 Million | Dkr588.39 Million | Dkr21.98 Million | ▲ +9.7 pp |
| 2013 | 187.3% | Dkr495.00 Million | Dkr264.34 Million | Dkr524.23 Million | Dkr29.23 Million | ▼ -10.3 pp |
| 2012 | 197.6% | Dkr484.62 Million | Dkr245.25 Million | Dkr513.54 Million | Dkr28.92 Million | ▲ +934.4 pp |
| 2008 | -736.8% | Dkr-1.30 Billion | Dkr176.47 Million | Dkr413.40 Million | Dkr1.71 Billion | ▼ -135.0 pp |
| 2007 | -601.7% | Dkr-1.16 Billion | Dkr193.22 Million | Dkr295.81 Million | Dkr1.46 Billion | ▼ -41.6 pp |
| 2006 | -560.2% | Dkr-991.98 Million | Dkr177.08 Million | Dkr276.01 Million | Dkr1.27 Billion | ▼ -26.0 pp |
| 2005 | -534.2% | Dkr-809.88 Million | Dkr151.60 Million | Dkr283.62 Million | Dkr1.09 Billion | — |