General Oceans ASA (GENO) — Working Capital to Net Assets Ratio
General Oceans ASA (GENO) has a Working Capital to Net Assets ratio of 51.2% as of June 2026. Working capital of Nkr664.86 Million (current assets of Nkr1.03 Billion minus current liabilities of Nkr364.29 Million) is measured against net assets of Nkr1.30 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
General Oceans ASA Working Capital to Net Assets (2023–2025)
This chart shows how General Oceans ASA's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2023 to 2025. As of June 2026, the ratio stands at 51.2%, reflecting working capital of Nkr664.86 Million against net assets of Nkr1.30 Billion NOK. See operational self-sufficiency of General Oceans ASA to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for General Oceans ASA (2023–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for General Oceans ASA from 2023 to 2025, covering 3 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 the complete balance sheet picture, see General Oceans ASA asset portfolio.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 41.3% | Nkr292.44 Million | Nkr707.84 Million | Nkr825.82 Million | Nkr533.38 Million | ▲ +2.1 pp |
| 2024 | 39.3% | Nkr281.98 Million | Nkr718.39 Million | Nkr708.37 Million | Nkr426.39 Million | ▼ -17.5 pp |
| 2023 | 56.7% | Nkr354.79 Million | Nkr625.28 Million | Nkr535.87 Million | Nkr181.08 Million | — |