Elliptic Laboratories AS (ELABS) — Working Capital to Net Assets Ratio
Elliptic Laboratories AS (ELABS) has a Working Capital to Net Assets ratio of 63.7% as of March 2026. Working capital of Nkr140.95 Million (current assets of Nkr165.78 Million minus current liabilities of Nkr24.84 Million) is measured against net assets of Nkr221.13 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See ELABS free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Elliptic Laboratories AS Working Capital to Net Assets (2017–2025)
This chart shows how Elliptic Laboratories AS's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 63.7%, reflecting working capital of Nkr140.95 Million against net assets of Nkr221.13 Million NOK. See ELABS defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Elliptic Laboratories AS (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Elliptic Laboratories AS from 2017 to 2025, 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. For live market cap and the full company profile, see ELABS market cap overview.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 57.2% | Nkr108.62 Million | Nkr189.79 Million | Nkr132.18 Million | Nkr23.56 Million | ▲ +4.8 pp |
| 2024 | 52.4% | Nkr170.49 Million | Nkr325.34 Million | Nkr195.45 Million | Nkr24.96 Million | ▼ -0.2 pp |
| 2023 | 52.6% | Nkr160.72 Million | Nkr305.40 Million | Nkr185.64 Million | Nkr24.93 Million | ▼ -11.4 pp |
| 2022 | 64.0% | Nkr208.44 Million | Nkr325.62 Million | Nkr225.62 Million | Nkr17.18 Million | ▼ -8.0 pp |
| 2021 | 72.0% | Nkr246.89 Million | Nkr342.77 Million | Nkr264.95 Million | Nkr18.06 Million | ▲ +14.6 pp |
| 2020 | 57.4% | Nkr107.99 Million | Nkr188.10 Million | Nkr121.60 Million | Nkr13.62 Million | ▲ +36.0 pp |
| 2019 | 21.5% | Nkr17.17 Million | Nkr80.03 Million | Nkr57.30 Million | Nkr40.13 Million | ▲ +58.4 pp |
| 2018 | -37.0% | Nkr-17.53 Million | Nkr47.40 Million | Nkr37.31 Million | Nkr54.84 Million | ▼ -85.5 pp |
| 2017 | 48.5% | Nkr34.87 Million | Nkr71.86 Million | Nkr47.46 Million | Nkr12.59 Million | — |