AF Gruppen ASA (AFG) — Working Capital to Net Assets Ratio
AF Gruppen ASA (AFG) has a Working Capital to Net Assets ratio of -91.9% as of September 2025. Working capital of Nkr-3.34 Billion (current assets of Nkr7.96 Billion minus current liabilities of Nkr11.30 Billion) is measured against net assets of Nkr3.63 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of AF Gruppen ASA to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
AF Gruppen ASA Working Capital to Net Assets (2001–2024)
This chart shows how AF Gruppen ASA's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2001 to 2024. As of September 2025, the ratio stands at -91.9%, reflecting working capital of Nkr-3.34 Billion against net assets of Nkr3.63 Billion NOK. See how many days can AF Gruppen ASA fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for AF Gruppen ASA (2001–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for AF Gruppen ASA from 2001 to 2024, covering 24 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 AFG market cap overview.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -98.2% | Nkr-3.42 Billion | Nkr3.49 Billion | Nkr6.55 Billion | Nkr9.98 Billion | ▲ +22.5 pp |
| 2023 | -120.7% | Nkr-3.87 Billion | Nkr3.20 Billion | Nkr6.24 Billion | Nkr10.11 Billion | ▼ -38.0 pp |
| 2022 | -82.6% | Nkr-2.89 Billion | Nkr3.49 Billion | Nkr6.83 Billion | Nkr9.71 Billion | ▼ -10.5 pp |
| 2021 | -72.1% | Nkr-2.58 Billion | Nkr3.57 Billion | Nkr5.62 Billion | Nkr8.19 Billion | ▲ +9.2 pp |
| 2020 | -81.3% | Nkr-2.84 Billion | Nkr3.49 Billion | Nkr5.10 Billion | Nkr7.94 Billion | ▲ +28.6 pp |
| 2019 | -109.9% | Nkr-3.30 Billion | Nkr3.00 Billion | Nkr5.14 Billion | Nkr8.43 Billion | ▼ -38.8 pp |
| 2018 | -71.1% | Nkr-1.51 Billion | Nkr2.12 Billion | Nkr4.15 Billion | Nkr5.66 Billion | ▼ -7.3 pp |
| 2017 | -63.7% | Nkr-1.32 Billion | Nkr2.08 Billion | Nkr3.68 Billion | Nkr5.00 Billion | ▲ +2.2 pp |
| 2016 | -65.9% | Nkr-1.29 Billion | Nkr1.95 Billion | Nkr2.76 Billion | Nkr4.05 Billion | ▲ +8.9 pp |
| 2015 | -74.8% | Nkr-1.36 Billion | Nkr1.82 Billion | Nkr2.35 Billion | Nkr3.71 Billion | ▼ -8.0 pp |
| 2014 | -66.9% | Nkr-1.00 Billion | Nkr1.50 Billion | Nkr2.52 Billion | Nkr3.52 Billion | ▼ -43.3 pp |
| 2013 | -23.5% | Nkr-314.00 Million | Nkr1.33 Billion | Nkr3.10 Billion | Nkr3.42 Billion | ▼ -11.5 pp |
| 2012 | -12.1% | Nkr-147.00 Million | Nkr1.22 Billion | Nkr2.98 Billion | Nkr3.13 Billion | ▼ -12.4 pp |
| 2011 | 0.3% | Nkr4.00 Million | Nkr1.33 Billion | Nkr2.70 Billion | Nkr2.70 Billion | ▼ -36.1 pp |
| 2010 | 36.4% | Nkr352.00 Million | Nkr968.00 Million | Nkr2.03 Billion | Nkr1.68 Billion | ▲ +45.2 pp |
| 2009 | -8.8% | Nkr-80.44 Million | Nkr914.82 Million | Nkr1.76 Billion | Nkr1.85 Billion | ▼ -13.6 pp |
| 2008 | 4.8% | Nkr35.65 Million | Nkr740.85 Million | Nkr2.17 Billion | Nkr2.13 Billion | ▼ -31.5 pp |
| 2007 | 36.3% | Nkr206.70 Million | Nkr569.98 Million | Nkr1.97 Billion | Nkr1.77 Billion | ▼ -2.9 pp |
| 2006 | 39.1% | Nkr209.02 Million | Nkr534.12 Million | Nkr1.63 Billion | Nkr1.42 Billion | ▼ -20.1 pp |
| 2005 | 59.2% | Nkr256.30 Million | Nkr432.69 Million | Nkr1.47 Billion | Nkr1.21 Billion | ▼ -6.5 pp |
| 2004 | 65.7% | Nkr215.09 Million | Nkr327.30 Million | Nkr1.41 Billion | Nkr1.20 Billion | ▲ +17.1 pp |
| 2003 | 48.7% | Nkr156.87 Million | Nkr322.36 Million | Nkr1.15 Billion | Nkr990.78 Million | ▼ -32.2 pp |
| 2002 | 80.9% | Nkr263.36 Million | Nkr325.55 Million | Nkr1.13 Billion | Nkr863.87 Million | ▲ +7.6 pp |
| 2001 | 73.3% | Nkr214.96 Million | Nkr293.12 Million | Nkr915.81 Million | Nkr700.85 Million | — |