Goodtech (GOD) — Working Capital to Net Assets Ratio
Goodtech (GOD) has a Working Capital to Net Assets ratio of 26.0% as of March 2026. Working capital of Nkr76.30 Million (current assets of Nkr251.60 Million minus current liabilities of Nkr175.30 Million) is measured against net assets of Nkr293.80 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Goodtech leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Goodtech Working Capital to Net Assets (2005–2025)
This chart shows how Goodtech's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of March 2026, the ratio stands at 26.0%, reflecting working capital of Nkr76.30 Million against net assets of Nkr293.80 Million NOK. See GOD defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Goodtech (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Goodtech from 2005 to 2025, covering 21 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 how much is Goodtech worth.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 19.7% | Nkr54.70 Million | Nkr277.00 Million | Nkr242.60 Million | Nkr187.90 Million | ▲ +7.4 pp |
| 2024 | 12.4% | Nkr32.50 Million | Nkr262.80 Million | Nkr268.40 Million | Nkr235.90 Million | ▲ +2.6 pp |
| 2023 | 9.8% | Nkr27.50 Million | Nkr280.40 Million | Nkr287.50 Million | Nkr260.00 Million | ▼ -1.4 pp |
| 2022 | 11.2% | Nkr29.01 Million | Nkr258.90 Million | Nkr281.24 Million | Nkr252.23 Million | ▲ +7.8 pp |
| 2021 | 3.4% | Nkr8.89 Million | Nkr261.74 Million | Nkr218.03 Million | Nkr209.14 Million | ▼ -8.6 pp |
| 2020 | 12.0% | Nkr33.21 Million | Nkr276.25 Million | Nkr218.78 Million | Nkr185.57 Million | ▲ +21.6 pp |
| 2019 | -9.5% | Nkr-21.93 Million | Nkr229.86 Million | Nkr166.25 Million | Nkr188.18 Million | ▼ -19.0 pp |
| 2018 | 9.5% | Nkr22.05 Million | Nkr233.29 Million | Nkr221.47 Million | Nkr199.43 Million | ▼ -11.7 pp |
| 2017 | 21.1% | Nkr62.92 Million | Nkr297.82 Million | Nkr267.23 Million | Nkr204.31 Million | ▼ -2.3 pp |
| 2016 | 23.4% | Nkr72.30 Million | Nkr308.63 Million | Nkr329.55 Million | Nkr257.25 Million | ▲ +2.3 pp |
| 2015 | 21.1% | Nkr72.05 Million | Nkr341.75 Million | Nkr371.06 Million | Nkr299.01 Million | ▲ +33.3 pp |
| 2014 | -12.2% | Nkr-83.57 Million | Nkr686.52 Million | Nkr769.18 Million | Nkr852.74 Million | ▼ -24.7 pp |
| 2013 | 12.5% | Nkr90.83 Million | Nkr725.19 Million | Nkr772.60 Million | Nkr681.77 Million | ▼ -4.8 pp |
| 2012 | 17.4% | Nkr119.47 Million | Nkr687.82 Million | Nkr750.86 Million | Nkr631.39 Million | ▼ -0.2 pp |
| 2011 | 17.6% | Nkr117.23 Million | Nkr666.98 Million | Nkr679.81 Million | Nkr562.58 Million | ▲ +8.1 pp |
| 2010 | 9.4% | Nkr61.34 Million | Nkr650.59 Million | Nkr611.33 Million | Nkr549.99 Million | ▼ -28.1 pp |
| 2009 | 37.5% | Nkr140.14 Million | Nkr373.31 Million | Nkr260.51 Million | Nkr120.37 Million | ▲ +3.8 pp |
| 2008 | 33.7% | Nkr116.69 Million | Nkr345.80 Million | Nkr246.73 Million | Nkr130.04 Million | ▼ -1.2 pp |
| 2007 | 34.9% | Nkr102.94 Million | Nkr294.60 Million | Nkr213.07 Million | Nkr110.13 Million | ▲ +31.6 pp |
| 2006 | 3.4% | Nkr4.86 Million | Nkr144.02 Million | Nkr141.04 Million | Nkr136.18 Million | ▲ +8.4 pp |
| 2005 | -5.0% | Nkr-5.82 Million | Nkr115.97 Million | Nkr111.95 Million | Nkr117.77 Million | — |