Baltic Sea Properties AS (BALT) — 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. See BALT equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Baltic Sea Properties AS Working Capital to Net Assets (2014–2024)
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. Check how tangible is Baltic Sea Properties AS's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Baltic Sea Properties AS (2014–2024)
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 live market cap and the full company profile, see market cap of Baltic Sea Properties AS.
| 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 | — |