Ice Fish Farm AS (IFISH) — Working Capital to Net Assets Ratio
Ice Fish Farm AS (IFISH) has a Working Capital to Net Assets ratio of 43.8% as of September 2025. Working capital of Nkr126.84 Million (current assets of Nkr174.38 Million minus current liabilities of Nkr47.53 Million) is measured against net assets of Nkr289.32 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Ice Fish Farm AS to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ice Fish Farm AS Working Capital to Net Assets (2017–2024)
This chart shows how Ice Fish Farm AS's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 43.8%, reflecting working capital of Nkr126.84 Million against net assets of Nkr289.32 Million NOK. See IFISH defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Ice Fish Farm AS (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ice Fish Farm AS from 2017 to 2024, covering 8 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 Ice Fish Farm AS stock valuation.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 35.9% | Nkr97.02 Million | Nkr270.46 Million | Nkr151.68 Million | Nkr54.66 Million | ▲ +2.1 pp |
| 2023 | 33.8% | Nkr1.14 Billion | Nkr3.36 Billion | Nkr1.48 Billion | Nkr338.91 Million | ▲ +43.9 pp |
| 2022 | -10.1% | Nkr-230.32 Million | Nkr2.28 Billion | Nkr459.24 Million | Nkr689.57 Million | ▼ -34.5 pp |
| 2021 | 24.5% | Nkr274.18 Million | Nkr1.12 Billion | Nkr442.80 Million | Nkr168.62 Million | ▼ -12.4 pp |
| 2020 | 36.9% | Nkr394.28 Million | Nkr1.07 Billion | Nkr541.70 Million | Nkr147.42 Million | ▼ -7.8 pp |
| 2019 | 44.7% | Nkr99.57 Million | Nkr222.74 Million | Nkr349.72 Million | Nkr250.15 Million | ▲ +35.1 pp |
| 2018 | 9.6% | Nkr68.97 Million | Nkr718.43 Million | Nkr271.63 Million | Nkr202.66 Million | ▼ -42.8 pp |
| 2017 | 52.4% | Nkr78.69 Million | Nkr150.13 Million | Nkr239.69 Million | Nkr161.00 Million | — |