Cadeler As (CADLR) — Working Capital to Net Assets Ratio
Cadeler As (CADLR) has a Working Capital to Net Assets ratio of 1.7% as of September 2025. Working capital of Nkr24.27 Million (current assets of Nkr395.51 Million minus current liabilities of Nkr371.24 Million) is measured against net assets of Nkr1.45 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Cadeler As defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cadeler As Working Capital to Net Assets (2016–2024)
This chart shows how Cadeler As's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 1.7%, reflecting working capital of Nkr24.27 Million against net assets of Nkr1.45 Billion NOK. For the complete balance sheet picture, see Cadeler As total assets.
Annual Working Capital to Net Assets for Cadeler As (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Cadeler As from 2016 to 2024, covering 9 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 Cadeler As 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) |
|---|---|---|---|---|---|---|
| 2024 | 5.3% | Nkr64.97 Million | Nkr1.23 Billion | Nkr188.62 Million | Nkr123.65 Million | ▼ -4.5 pp |
| 2023 | 9.8% | Nkr93.83 Million | Nkr959.04 Million | Nkr147.45 Million | Nkr53.62 Million | ▲ +1.0 pp |
| 2022 | 8.8% | Nkr47.71 Million | Nkr540.57 Million | Nkr59.51 Million | Nkr11.80 Million | ▲ +17.8 pp |
| 2021 | -9.0% | Nkr-29.24 Million | Nkr325.26 Million | Nkr24.62 Million | Nkr53.86 Million | ▼ -33.0 pp |
| 2020 | 24.0% | Nkr57.91 Million | Nkr241.06 Million | Nkr83.54 Million | Nkr25.63 Million | ▲ +17.5 pp |
| 2019 | 6.5% | Nkr12.88 Million | Nkr197.33 Million | Nkr18.02 Million | Nkr5.13 Million | ▼ -23.2 pp |
| 2018 | 29.7% | Nkr3.17 Million | Nkr10.66 Million | Nkr26.11 Million | Nkr22.94 Million | ▲ +40.7 pp |
| 2017 | -11.0% | Nkr-1.87 Million | Nkr17.00 Million | Nkr25.47 Million | Nkr27.33 Million | ▼ -121.0 pp |
| 2016 | 110.0% | Nkr25.88 Million | Nkr23.53 Million | Nkr29.30 Million | Nkr3.42 Million | — |