Aasen Sparebank (AASB) — Working Capital to Net Assets Ratio

Latest as of June 2023: 139.7%

Aasen Sparebank (AASB) has a Working Capital to Net Assets ratio of 139.7% as of June 2023. Working capital of Nkr990.49 Million (current assets of Nkr5.38 Billion minus current liabilities of Nkr4.39 Billion) is measured against net assets of Nkr709.10 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Aasen Sparebank balance sheet independence to measure how much of total assets are equity-financed.

WC/NA Ratio

139.7%
Working Capital / Net Assets

Working Capital

Nkr990.49 Million
NOK

Current Assets

Nkr5.38 Billion
NOK

Current Liabilities

Nkr4.39 Billion
NOK

Aasen Sparebank Working Capital to Net Assets (2016–2022)

This chart shows how Aasen Sparebank's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2016 to 2022. As of June 2023, the ratio stands at 139.7%, reflecting working capital of Nkr990.49 Million against net assets of Nkr709.10 Million NOK. Check Aasen Sparebank tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Aasen Sparebank (2016–2022)

The table below presents the year-by-year Working Capital to Net Assets ratio for Aasen Sparebank from 2016 to 2022, 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 Aasen Sparebank (AASB) total market value.

Year WC/NA Ratio Working Capital (NOK) Net Assets Current Assets Current Liabilities Change (pp)
2022 -557.7% Nkr-3.82 Billion Nkr685.42 Million Nkr271.71 Million Nkr4.09 Billion ▲ +19.9 pp
2021 -577.5% Nkr-3.28 Billion Nkr568.33 Million Nkr263.38 Million Nkr3.55 Billion ▼ -32.2 pp
2020 -545.3% Nkr-2.91 Billion Nkr533.81 Million Nkr116.56 Million Nkr3.03 Billion ▼ -679.3 pp
2019 134.0% Nkr588.59 Million Nkr439.20 Million Nkr3.42 Billion Nkr2.83 Billion ▼ -27.8 pp
2018 161.8% Nkr658.73 Million Nkr407.05 Million Nkr3.18 Billion Nkr2.52 Billion ▼ -616.6 pp
2017 778.5% Nkr2.96 Billion Nkr380.86 Million Nkr2.99 Billion Nkr21.46 Million ▼ -30.9 pp
2016 809.3% Nkr2.73 Billion Nkr337.87 Million Nkr2.76 Billion Nkr21.12 Million
pp = percentage points