Borregaard ASA (BRG) — Working Capital to Net Assets Ratio
Borregaard ASA (BRG) has a Working Capital to Net Assets ratio of 24.6% as of December 2025. Working capital of Nkr1.45 Billion (current assets of Nkr3.13 Billion minus current liabilities of Nkr1.68 Billion) is measured against net assets of Nkr5.88 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See BRG defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Borregaard ASA Working Capital to Net Assets (2009–2025)
This chart shows how Borregaard ASA's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2009 to 2025. As of December 2025, the ratio stands at 24.6%, reflecting working capital of Nkr1.45 Billion against net assets of Nkr5.88 Billion NOK. For the complete balance sheet picture, see balance sheet size of Borregaard ASA.
Annual Working Capital to Net Assets for Borregaard ASA (2009–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Borregaard ASA from 2009 to 2025, covering 17 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 Borregaard ASA asset resilience ratio 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 | 24.6% | Nkr1.45 Billion | Nkr5.88 Billion | Nkr3.13 Billion | Nkr1.68 Billion | ▲ +2.0 pp |
| 2024 | 22.6% | Nkr1.15 Billion | Nkr5.09 Billion | Nkr3.02 Billion | Nkr1.87 Billion | ▼ -4.2 pp |
| 2023 | 26.8% | Nkr1.31 Billion | Nkr4.89 Billion | Nkr3.12 Billion | Nkr1.80 Billion | ▲ +6.2 pp |
| 2022 | 20.6% | Nkr916.00 Million | Nkr4.45 Billion | Nkr2.92 Billion | Nkr2.00 Billion | ▲ +3.4 pp |
| 2021 | 17.2% | Nkr740.00 Million | Nkr4.31 Billion | Nkr2.02 Billion | Nkr1.28 Billion | ▲ +1.5 pp |
| 2020 | 15.7% | Nkr592.00 Million | Nkr3.78 Billion | Nkr2.15 Billion | Nkr1.55 Billion | ▲ +1.2 pp |
| 2019 | 14.5% | Nkr502.00 Million | Nkr3.46 Billion | Nkr2.07 Billion | Nkr1.57 Billion | ▼ -5.2 pp |
| 2018 | 19.7% | Nkr654.00 Million | Nkr3.32 Billion | Nkr1.90 Billion | Nkr1.24 Billion | ▲ +0.7 pp |
| 2017 | 19.0% | Nkr568.00 Million | Nkr3.00 Billion | Nkr1.89 Billion | Nkr1.32 Billion | ▼ -7.0 pp |
| 2016 | 26.0% | Nkr705.00 Million | Nkr2.71 Billion | Nkr1.84 Billion | Nkr1.13 Billion | ▼ -12.1 pp |
| 2015 | 38.1% | Nkr785.00 Million | Nkr2.06 Billion | Nkr1.68 Billion | Nkr898.00 Million | ▲ +3.9 pp |
| 2014 | 34.2% | Nkr666.00 Million | Nkr1.95 Billion | Nkr1.49 Billion | Nkr819.00 Million | ▼ -2.4 pp |
| 2013 | 36.5% | Nkr678.00 Million | Nkr1.86 Billion | Nkr1.34 Billion | Nkr665.00 Million | ▼ -12.3 pp |
| 2012 | 48.8% | Nkr848.00 Million | Nkr1.74 Billion | Nkr1.47 Billion | Nkr623.00 Million | ▼ -51.4 pp |
| 2011 | 100.3% | Nkr1.13 Billion | Nkr1.12 Billion | Nkr1.72 Billion | Nkr593.00 Million | ▼ -7.4 pp |
| 2010 | 107.7% | Nkr1.09 Billion | Nkr1.01 Billion | Nkr1.56 Billion | Nkr464.00 Million | ▲ +33.0 pp |
| 2009 | 74.7% | Nkr1.01 Billion | Nkr1.35 Billion | Nkr1.46 Billion | Nkr449.00 Million | — |