Hexagon Composites ASA Working Capital to Net Assets Ratio
Hexagon Composites ASA working capital to net assets ratio. Hexagon Composites ASA (HEX) has a Working Capital to Net Assets ratio of 49.3% as of December 2025. Working capital of Nkr1.32 Billion (current assets of Nkr1.92 Billion minus current liabilities of Nkr603.78 Million) is measured against net assets of Nkr2.67 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check HEX tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Hexagon Composites ASA (2004–2025)
Working capital to net assets ratio of Hexagon Composites ASA from 2004 to 2025. This chart shows how Hexagon Composites ASA's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of December 2025, the ratio stands at 49.3%, reflecting working capital of Nkr1.32 Billion against net assets of Nkr2.67 Billion NOK. See HEX defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Hexagon Composites ASA Working Capital to Net Assets Ratio by Year (2004–2025)
Hexagon Composites ASA working capital to net assets ratio by year from 2004 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Hexagon Composites ASA from 2004 to 2025, covering 22 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 total assets of Hexagon Composites ASA.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 49.3% | Nkr1.32 Billion | Nkr2.67 Billion | Nkr1.92 Billion | Nkr603.78 Million | ▲ +16.5 pp |
| 2024 | 32.9% | Nkr1.18 Billion | Nkr3.60 Billion | Nkr2.45 Billion | Nkr1.27 Billion | ▲ +55.5 pp |
| 2023 | -22.7% | Nkr-728.73 Million | Nkr3.21 Billion | Nkr1.96 Billion | Nkr2.69 Billion | ▼ -60.8 pp |
| 2022 | 38.2% | Nkr1.32 Billion | Nkr3.47 Billion | Nkr3.32 Billion | Nkr2.00 Billion | ▼ -8.7 pp |
| 2021 | 46.9% | Nkr1.63 Billion | Nkr3.48 Billion | Nkr2.81 Billion | Nkr1.18 Billion | ▼ -11.3 pp |
| 2020 | 58.2% | Nkr2.09 Billion | Nkr3.60 Billion | Nkr3.03 Billion | Nkr938.99 Million | ▲ +28.4 pp |
| 2019 | 29.8% | Nkr641.68 Million | Nkr2.15 Billion | Nkr1.49 Billion | Nkr844.03 Million | ▲ +16.2 pp |
| 2018 | 13.6% | Nkr209.70 Million | Nkr1.54 Billion | Nkr648.20 Million | Nkr438.50 Million | ▼ -5.1 pp |
| 2017 | 18.8% | Nkr265.01 Million | Nkr1.41 Billion | Nkr652.06 Million | Nkr387.05 Million | ▼ -2.4 pp |
| 2016 | 21.2% | Nkr282.52 Million | Nkr1.33 Billion | Nkr637.25 Million | Nkr354.72 Million | ▼ -56.4 pp |
| 2015 | 77.6% | Nkr364.71 Million | Nkr470.14 Million | Nkr667.95 Million | Nkr303.24 Million | ▼ -7.5 pp |
| 2014 | 85.1% | Nkr414.52 Million | Nkr487.11 Million | Nkr773.22 Million | Nkr358.69 Million | ▼ -19.1 pp |
| 2013 | 104.2% | Nkr363.13 Million | Nkr348.56 Million | Nkr612.30 Million | Nkr249.17 Million | ▲ +26.9 pp |
| 2012 | 77.3% | Nkr200.48 Million | Nkr259.49 Million | Nkr479.05 Million | Nkr278.56 Million | ▲ +3.0 pp |
| 2011 | 74.2% | Nkr196.59 Million | Nkr264.90 Million | Nkr406.95 Million | Nkr210.37 Million | ▲ +17.3 pp |
| 2010 | 56.9% | Nkr144.23 Million | Nkr253.58 Million | Nkr473.33 Million | Nkr329.11 Million | ▼ -10.5 pp |
| 2009 | 67.3% | Nkr173.68 Million | Nkr257.90 Million | Nkr340.48 Million | Nkr166.80 Million | ▲ +29.7 pp |
| 2008 | 37.6% | Nkr75.61 Million | Nkr200.87 Million | Nkr331.86 Million | Nkr256.26 Million | ▼ -21.9 pp |
| 2007 | 59.6% | Nkr121.47 Million | Nkr203.89 Million | Nkr282.85 Million | Nkr161.38 Million | ▲ +24.6 pp |
| 2006 | 35.0% | Nkr72.14 Million | Nkr206.37 Million | Nkr326.81 Million | Nkr254.66 Million | ▲ +4.0 pp |
| 2005 | 31.0% | Nkr62.69 Million | Nkr202.38 Million | Nkr172.95 Million | Nkr110.26 Million | ▼ -1.9 pp |
| 2004 | 32.9% | Nkr59.23 Million | Nkr180.28 Million | Nkr139.20 Million | Nkr79.97 Million | — |