Baltic Sea Properties AS Working Capital to Net Assets Ratio
Baltic Sea Properties AS working capital to net assets ratio. Baltic Sea Properties AS (BALT) has a Working Capital to Net Assets ratio of 7.1% as of September 2025. Working capital of Nkr43.99 Million (current assets of Nkr93.82 Million minus current liabilities of Nkr49.83 Million) is measured against net assets of Nkr617.42 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check BALT goodwill-adjusted equity ratio 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 Baltic Sea Properties AS (2014–2024)
Working capital to net assets ratio of Baltic Sea Properties AS from 2014 to 2024. This chart shows how Baltic Sea Properties AS's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 7.1%, reflecting working capital of Nkr43.99 Million against net assets of Nkr617.42 Million NOK. See BALT defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Baltic Sea Properties AS Working Capital to Net Assets Ratio by Year (2014–2024)
Baltic Sea Properties AS working capital to net assets ratio by year from 2014 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Baltic Sea Properties AS from 2014 to 2024, covering 11 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 how large is Baltic Sea Properties AS's balance sheet.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 3.0% | Nkr18.15 Million | Nkr613.49 Million | Nkr86.52 Million | Nkr68.37 Million | ▲ +5.2 pp |
| 2023 | -2.3% | Nkr-10.20 Million | Nkr450.06 Million | Nkr47.40 Million | Nkr57.60 Million | ▲ +6.3 pp |
| 2022 | -8.6% | Nkr-34.79 Million | Nkr405.68 Million | Nkr51.88 Million | Nkr86.67 Million | ▼ -9.5 pp |
| 2021 | 1.0% | Nkr2.10 Million | Nkr216.25 Million | Nkr56.60 Million | Nkr54.50 Million | ▲ +100.8 pp |
| 2020 | -99.8% | Nkr-206.20 Million | Nkr206.65 Million | Nkr40.76 Million | Nkr246.97 Million | ▼ -1.2 pp |
| 2019 | -98.6% | Nkr-179.14 Million | Nkr181.77 Million | Nkr97.89 Million | Nkr277.02 Million | ▼ -15.4 pp |
| 2018 | -83.1% | Nkr-150.95 Million | Nkr181.62 Million | Nkr70.11 Million | Nkr221.06 Million | ▼ -93.8 pp |
| 2017 | 10.7% | Nkr18.90 Million | Nkr177.40 Million | Nkr54.81 Million | Nkr35.91 Million | ▲ +18.1 pp |
| 2016 | -7.5% | Nkr-12.74 Million | Nkr170.12 Million | Nkr49.92 Million | Nkr62.66 Million | ▲ +27.4 pp |
| 2015 | -34.9% | Nkr-60.38 Million | Nkr172.94 Million | Nkr59.59 Million | Nkr119.98 Million | ▲ +27.1 pp |
| 2014 | -62.0% | Nkr-91.13 Million | Nkr146.97 Million | Nkr44.98 Million | Nkr136.11 Million | — |