Iceland Seafood International hf. (ICESEA) — Working Capital to Net Assets Ratio
Iceland Seafood International hf. (ICESEA) has a Working Capital to Net Assets ratio of 22.1% as of September 2025. Working capital of Ikr17.12 Million (current assets of Ikr145.33 Million minus current liabilities of Ikr128.21 Million) is measured against net assets of Ikr77.58 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See ICESEA net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Iceland Seafood International hf. Working Capital to Net Assets (2017–2024)
This chart shows how Iceland Seafood International hf.'s Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 22.1%, reflecting working capital of Ikr17.12 Million against net assets of Ikr77.58 Million ISK. Check ICESEA goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Iceland Seafood International hf. (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Iceland Seafood International hf. from 2017 to 2024, covering 8 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 ICESEA company net worth.
| Year | WC/NA Ratio | Working Capital (ISK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -16.6% | Ikr-12.63 Million | Ikr76.22 Million | Ikr153.18 Million | Ikr165.81 Million | ▼ -49.5 pp |
| 2023 | 32.9% | Ikr23.94 Million | Ikr72.73 Million | Ikr161.00 Million | Ikr137.06 Million | ▼ -4.1 pp |
| 2022 | 37.1% | Ikr30.15 Million | Ikr81.37 Million | Ikr201.89 Million | Ikr171.73 Million | ▼ -0.9 pp |
| 2021 | 38.0% | Ikr34.85 Million | Ikr91.73 Million | Ikr178.36 Million | Ikr143.51 Million | ▲ +11.7 pp |
| 2020 | 26.3% | Ikr19.84 Million | Ikr75.32 Million | Ikr159.33 Million | Ikr139.49 Million | ▼ -4.0 pp |
| 2019 | 30.4% | Ikr24.36 Million | Ikr80.24 Million | Ikr141.38 Million | Ikr117.01 Million | ▲ +20.4 pp |
| 2018 | 10.0% | Ikr5.93 Million | Ikr59.34 Million | Ikr131.99 Million | Ikr126.07 Million | ▲ +8.3 pp |
| 2017 | 1.6% | Ikr291.00K | Ikr17.72 Million | Ikr69.22 Million | Ikr68.93 Million | — |