Kraft Bank Asa (KRAB) — Working Capital to Net Assets Ratio

Latest as of June 2023: -787.4%

Kraft Bank Asa (KRAB) has a Working Capital to Net Assets ratio of -787.4% as of June 2023. Working capital of Nkr-3.38 Billion (current assets of Nkr75.41 Million minus current liabilities of Nkr3.46 Billion) is measured against net assets of Nkr429.67 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Kraft Bank Asa balance sheet quality to measure how much of total assets are equity-financed.

WC/NA Ratio

-787.4%
Working Capital / Net Assets

Working Capital

Nkr-3.38 Billion
NOK

Current Assets

Nkr75.41 Million
NOK

Current Liabilities

Nkr3.46 Billion
NOK

Kraft Bank Asa Working Capital to Net Assets (2018–2022)

This chart shows how Kraft Bank Asa's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2018 to 2022. As of June 2023, the ratio stands at -787.4%, reflecting working capital of Nkr-3.38 Billion against net assets of Nkr429.67 Million NOK. Check Kraft Bank Asa tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Kraft Bank Asa (2018–2022)

The table below presents the year-by-year Working Capital to Net Assets ratio for Kraft Bank Asa from 2018 to 2022, covering 5 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 KRAB company net worth.

Year WC/NA Ratio Working Capital (NOK) Net Assets Current Assets Current Liabilities Change (pp)
2022 -823.5% Nkr-3.30 Billion Nkr400.21 Million Nkr20.38 Million Nkr3.32 Billion ▼ -146.8 pp
2021 -676.7% Nkr-2.47 Billion Nkr364.45 Million Nkr40.54 Million Nkr2.51 Billion ▼ -170.6 pp
2020 -506.1% Nkr-1.61 Billion Nkr318.21 Million Nkr83.73 Million Nkr1.69 Billion ▼ -200.7 pp
2019 -305.4% Nkr-889.74 Million Nkr291.35 Million Nkr28.36 Million Nkr918.11 Million ▼ -262.8 pp
2018 -42.5% Nkr-119.66 Million Nkr281.22 Million Nkr58.24 Million Nkr177.90 Million
pp = percentage points