Gjensidige Forsikring ASA (GJF) — Working Capital to Net Assets Ratio
Gjensidige Forsikring ASA (GJF) has a Working Capital to Net Assets ratio of 46.8% as of September 2024. Working capital of Nkr11.67 Billion (current assets of Nkr14.28 Billion minus current liabilities of Nkr2.61 Billion) is measured against net assets of Nkr24.91 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See GJF 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
Gjensidige Forsikring ASA Working Capital to Net Assets (2005–2023)
This chart shows how Gjensidige Forsikring ASA's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2005 to 2023. As of September 2024, the ratio stands at 46.8%, reflecting working capital of Nkr11.67 Billion against net assets of Nkr24.91 Billion NOK. For the complete balance sheet picture, see GJF total assets.
Annual Working Capital to Net Assets for Gjensidige Forsikring ASA (2005–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gjensidige Forsikring ASA from 2005 to 2023, covering 15 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 GJF financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 4.0% | Nkr967.80 Million | Nkr24.23 Billion | Nkr2.99 Billion | Nkr2.02 Billion | ▼ -3.1 pp |
| 2022 | 7.1% | Nkr1.84 Billion | Nkr25.87 Billion | Nkr3.20 Billion | Nkr1.36 Billion | ▲ +3.3 pp |
| 2021 | 3.8% | Nkr960.20 Million | Nkr25.21 Billion | Nkr2.35 Billion | Nkr1.39 Billion | ▼ -3.5 pp |
| 2020 | 7.3% | Nkr1.84 Billion | Nkr25.28 Billion | Nkr2.86 Billion | Nkr1.02 Billion | ▲ +1.6 pp |
| 2019 | 5.7% | Nkr1.49 Billion | Nkr26.19 Billion | Nkr2.42 Billion | Nkr925.70 Million | ▲ +1.5 pp |
| 2018 | 4.2% | Nkr1.00 Billion | Nkr23.85 Billion | Nkr2.36 Billion | Nkr1.36 Billion | ▼ -1.3 pp |
| 2017 | 5.5% | Nkr1.29 Billion | Nkr23.70 Billion | Nkr2.69 Billion | Nkr1.39 Billion | ▼ -0.6 pp |
| 2016 | 6.1% | Nkr1.36 Billion | Nkr22.33 Billion | Nkr2.16 Billion | Nkr802.60 Million | ▼ -4.0 pp |
| 2015 | 10.1% | Nkr2.35 Billion | Nkr23.33 Billion | Nkr3.15 Billion | Nkr805.10 Million | ▲ +2.6 pp |
| 2014 | 7.5% | Nkr1.61 Billion | Nkr21.66 Billion | Nkr2.40 Billion | Nkr789.90 Million | ▲ +0.2 pp |
| 2013 | 7.3% | Nkr1.91 Billion | Nkr26.29 Billion | Nkr2.73 Billion | Nkr822.60 Million | ▲ +0.3 pp |
| 2012 | 7.0% | Nkr1.79 Billion | Nkr25.62 Billion | Nkr2.33 Billion | Nkr539.10 Million | ▼ -6.8 pp |
| 2009 | 13.8% | Nkr3.03 Billion | Nkr21.97 Billion | Nkr3.10 Billion | Nkr74.80 Million | ▲ +12.0 pp |
| 2006 | 1.8% | Nkr274.20 Million | Nkr15.44 Billion | Nkr1.07 Billion | Nkr792.20 Million | ▲ +14.5 pp |
| 2005 | -12.7% | Nkr-1.58 Billion | Nkr12.49 Billion | Nkr1.09 Billion | Nkr2.67 Billion | — |