Airthings ASA (AIRX) — Working Capital to Net Assets Ratio
Airthings ASA (AIRX) has a Working Capital to Net Assets ratio of 84.0% as of June 2025. Working capital of Nkr18.10 Million (current assets of Nkr30.65 Million minus current liabilities of Nkr12.55 Million) is measured against net assets of Nkr21.56 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See AIRX financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Airthings ASA Working Capital to Net Assets (2017–2024)
This chart shows how Airthings ASA's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2025, the ratio stands at 84.0%, reflecting working capital of Nkr18.10 Million against net assets of Nkr21.56 Million NOK. See Airthings ASA defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Airthings ASA (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Airthings ASA 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 Airthings ASA stock valuation.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 79.3% | Nkr22.56 Million | Nkr28.44 Million | Nkr34.78 Million | Nkr12.22 Million | ▲ +9.4 pp |
| 2023 | 69.9% | Nkr35.14 Million | Nkr50.26 Million | Nkr46.14 Million | Nkr11.00 Million | ▼ -2.9 pp |
| 2022 | 72.8% | Nkr37.07 Million | Nkr50.93 Million | Nkr47.20 Million | Nkr10.14 Million | ▼ -10.3 pp |
| 2021 | 83.1% | Nkr56.40 Million | Nkr67.84 Million | Nkr67.34 Million | Nkr10.95 Million | ▼ -6.0 pp |
| 2020 | 89.1% | Nkr588.04 Million | Nkr659.83 Million | Nkr654.26 Million | Nkr66.22 Million | ▼ -18.2 pp |
| 2019 | 107.3% | Nkr104.60 Million | Nkr97.51 Million | Nkr133.01 Million | Nkr28.41 Million | ▲ +13.5 pp |
| 2018 | 93.8% | Nkr46.20 Million | Nkr49.25 Million | Nkr70.45 Million | Nkr24.25 Million | ▼ -3.3 pp |
| 2017 | 97.1% | Nkr48.03 Million | Nkr49.48 Million | Nkr60.42 Million | Nkr12.39 Million | — |