Golden Energy Offshore Services AS (GEOS) — Working Capital to Net Assets Ratio
Golden Energy Offshore Services AS (GEOS) has a Working Capital to Net Assets ratio of -48.4% as of September 2025. Working capital of Nkr-184.65 Million (current assets of Nkr145.86 Million minus current liabilities of Nkr330.50 Million) is measured against net assets of Nkr381.25 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Golden Energy Offshore Services AS (GEOS) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Golden Energy Offshore Services AS Working Capital to Net Assets (2014–2024)
This chart shows how Golden Energy Offshore Services AS's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at -48.4%, reflecting working capital of Nkr-184.65 Million against net assets of Nkr381.25 Million NOK. Check how tangible is Golden Energy Offshore Services AS's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Golden Energy Offshore Services AS (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Golden Energy Offshore Services AS from 2014 to 2024, covering 11 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 Golden Energy Offshore Services AS stock valuation.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -46.7% | Nkr-204.49 Million | Nkr438.25 Million | Nkr193.43 Million | Nkr397.92 Million | ▼ -20.2 pp |
| 2023 | -26.5% | Nkr-140.05 Million | Nkr529.49 Million | Nkr143.97 Million | Nkr284.02 Million | ▲ +91.0 pp |
| 2022 | -117.5% | Nkr-126.91 Million | Nkr108.01 Million | Nkr37.35 Million | Nkr164.27 Million | ▲ +226.5 pp |
| 2021 | -344.0% | Nkr-265.42 Million | Nkr77.15 Million | Nkr70.64 Million | Nkr336.06 Million | ▼ -146.0 pp |
| 2020 | -198.0% | Nkr-277.88 Million | Nkr140.31 Million | Nkr54.73 Million | Nkr332.61 Million | ▼ -187.6 pp |
| 2019 | -10.5% | Nkr-30.03 Million | Nkr286.11 Million | Nkr41.00 Million | Nkr71.03 Million | ▼ -27.6 pp |
| 2018 | 17.1% | Nkr46.08 Million | Nkr269.72 Million | Nkr48.63 Million | Nkr2.55 Million | ▲ +224.6 pp |
| 2017 | -207.5% | Nkr-152.57 Million | Nkr73.53 Million | Nkr68.42 Million | Nkr220.99 Million | ▲ +31.9 pp |
| 2016 | -239.4% | Nkr-170.69 Million | Nkr71.31 Million | Nkr51.82 Million | Nkr222.50 Million | ▲ +699.9 pp |
| 2015 | -939.3% | Nkr-326.84 Million | Nkr34.80 Million | Nkr45.54 Million | Nkr372.38 Million | ▼ -948.1 pp |
| 2014 | 8.8% | Nkr13.35 Million | Nkr152.40 Million | Nkr49.72 Million | Nkr36.37 Million | — |