BlueNord ASA (BNOR) — Working Capital to Net Assets Ratio
BlueNord ASA (BNOR) has a Working Capital to Net Assets ratio of 4.9% as of June 2026. Working capital of Nkr22.70 Million (current assets of Nkr371.70 Million minus current liabilities of Nkr349.00 Million) is measured against net assets of Nkr467.40 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See BlueNord ASA (BNOR) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
BlueNord ASA Working Capital to Net Assets (2016–2025)
This chart shows how BlueNord ASA's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of June 2026, the ratio stands at 4.9%, reflecting working capital of Nkr22.70 Million against net assets of Nkr467.40 Million NOK. For the complete balance sheet picture, see BlueNord ASA asset portfolio.
Annual Working Capital to Net Assets for BlueNord ASA (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for BlueNord ASA from 2016 to 2025, covering 10 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. Check BNOR financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 32.9% | Nkr247.90 Million | Nkr753.70 Million | Nkr398.90 Million | Nkr151.00 Million | ▲ +29.9 pp |
| 2024 | 3.0% | Nkr20.80 Million | Nkr695.60 Million | Nkr514.30 Million | Nkr493.50 Million | ▲ +10.3 pp |
| 2023 | -7.3% | Nkr-59.70 Million | Nkr813.60 Million | Nkr381.90 Million | Nkr441.60 Million | ▼ -22.3 pp |
| 2022 | 14.9% | Nkr99.20 Million | Nkr664.30 Million | Nkr583.90 Million | Nkr484.70 Million | ▲ +16.1 pp |
| 2021 | -1.1% | Nkr-6.10 Million | Nkr532.20 Million | Nkr283.00 Million | Nkr289.10 Million | ▼ -15.1 pp |
| 2020 | 13.9% | Nkr88.00 Million | Nkr631.00 Million | Nkr429.00 Million | Nkr341.00 Million | ▼ -14.0 pp |
| 2019 | 28.0% | Nkr165.00 Million | Nkr590.00 Million | Nkr523.00 Million | Nkr358.00 Million | ▼ -55.4 pp |
| 2018 | 83.3% | Nkr-5.00 Million | Nkr-6.00 Million | Nkr57.00 Million | Nkr62.00 Million | ▼ -5.3 pp |
| 2017 | 88.7% | Nkr15.22 Million | Nkr17.17 Million | Nkr37.75 Million | Nkr22.53 Million | ▲ +76.3 pp |
| 2016 | 12.4% | Nkr6.25 Million | Nkr50.55 Million | Nkr57.61 Million | Nkr51.36 Million | — |