Argeo AS Working Capital to Net Assets Ratio
Argeo AS working capital to net assets ratio. Argeo AS (ARGEO) has a Working Capital to Net Assets ratio of -13.8% as of March 2025. Working capital of Nkr-5.81 Million (current assets of Nkr17.75 Million minus current liabilities of Nkr23.55 Million) is measured against net assets of Nkr42.04 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of Argeo AS to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Argeo AS (2018–2024)
Working capital to net assets ratio of Argeo AS from 2018 to 2024. This chart shows how Argeo AS's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of March 2025, the ratio stands at -13.8%, reflecting working capital of Nkr-5.81 Million against net assets of Nkr42.04 Million NOK. See ARGEO cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Argeo AS Working Capital to Net Assets Ratio by Year (2018–2024)
Argeo AS working capital to net assets ratio by year from 2018 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Argeo AS from 2018 to 2024, 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 the complete balance sheet picture, see Argeo AS balance sheet assets.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -29.6% | Nkr-9.73 Million | Nkr32.92 Million | Nkr20.98 Million | Nkr30.72 Million | ▼ -33.3 pp |
| 2023 | 3.7% | Nkr1.54 Million | Nkr41.52 Million | Nkr10.85 Million | Nkr9.31 Million | ▼ -22.1 pp |
| 2022 | 25.8% | Nkr48.80 Million | Nkr189.11 Million | Nkr98.99 Million | Nkr50.19 Million | ▼ -59.7 pp |
| 2021 | 85.5% | Nkr126.63 Million | Nkr148.05 Million | Nkr139.99 Million | Nkr13.36 Million | ▲ +127.1 pp |
| 2020 | -41.6% | Nkr-2.58 Million | Nkr6.20 Million | Nkr12.49 Million | Nkr15.07 Million | ▼ -67.0 pp |
| 2019 | 25.4% | Nkr1.07 Million | Nkr4.20 Million | Nkr1.79 Million | Nkr719.59K | ▲ +17.6 pp |
| 2018 | 7.9% | Nkr447.14K | Nkr5.69 Million | Nkr451.03K | Nkr3.89K | — |