Magnora ASA (MGN) — Working Capital to Net Assets Ratio
Magnora ASA (MGN) has a Working Capital to Net Assets ratio of 35.4% as of June 2025. Working capital of Nkr140.70 Million (current assets of Nkr254.40 Million minus current liabilities of Nkr113.70 Million) is measured against net assets of Nkr398.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MGN net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Magnora ASA Working Capital to Net Assets (2002–2024)
This chart shows how Magnora ASA's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2002 to 2024. As of June 2025, the ratio stands at 35.4%, reflecting working capital of Nkr140.70 Million against net assets of Nkr398.00 Million NOK. Check Magnora ASA (MGN) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Magnora ASA (2002–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Magnora ASA from 2002 to 2024, covering 23 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 MGN company net worth.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 27.4% | Nkr110.40 Million | Nkr402.20 Million | Nkr283.00 Million | Nkr172.60 Million | ▼ -32.2 pp |
| 2023 | 59.6% | Nkr329.30 Million | Nkr552.30 Million | Nkr380.30 Million | Nkr51.00 Million | ▲ +21.4 pp |
| 2022 | 38.2% | Nkr164.90 Million | Nkr431.80 Million | Nkr287.10 Million | Nkr122.20 Million | ▼ -10.5 pp |
| 2021 | 48.7% | Nkr83.70 Million | Nkr171.80 Million | Nkr104.60 Million | Nkr20.90 Million | ▼ -4.1 pp |
| 2020 | 52.8% | Nkr62.40 Million | Nkr118.10 Million | Nkr68.40 Million | Nkr6.00 Million | ▼ -9.4 pp |
| 2019 | 62.2% | Nkr65.70 Million | Nkr105.60 Million | Nkr73.30 Million | Nkr7.60 Million | ▼ -5.8 pp |
| 2018 | 68.0% | Nkr92.40 Million | Nkr135.80 Million | Nkr106.90 Million | Nkr14.50 Million | ▼ -29.1 pp |
| 2017 | 97.1% | Nkr178.70 Million | Nkr184.00 Million | Nkr213.60 Million | Nkr34.90 Million | ▲ +19.1 pp |
| 2016 | 78.0% | Nkr172.03 Million | Nkr220.44 Million | Nkr312.93 Million | Nkr140.91 Million | ▲ +22.8 pp |
| 2015 | 55.2% | Nkr241.74 Million | Nkr437.76 Million | Nkr554.68 Million | Nkr312.94 Million | ▲ +14.1 pp |
| 2014 | 41.1% | Nkr339.77 Million | Nkr826.75 Million | Nkr579.92 Million | Nkr240.15 Million | ▲ +7.1 pp |
| 2013 | 34.0% | Nkr260.90 Million | Nkr767.50 Million | Nkr487.14 Million | Nkr226.24 Million | ▲ +2.5 pp |
| 2012 | 31.5% | Nkr165.82 Million | Nkr526.49 Million | Nkr3.41 Billion | Nkr3.25 Billion | ▲ +14.5 pp |
| 2011 | 17.0% | Nkr125.34 Million | Nkr735.95 Million | Nkr2.85 Billion | Nkr2.72 Billion | ▲ +59.2 pp |
| 2010 | -42.2% | Nkr-2.01 Billion | Nkr4.75 Billion | Nkr1.11 Billion | Nkr3.11 Billion | ▲ +57.3 pp |
| 2009 | -99.5% | Nkr-5.84 Billion | Nkr5.87 Billion | Nkr1.38 Billion | Nkr7.22 Billion | ▼ -162.7 pp |
| 2008 | 63.1% | Nkr4.04 Billion | Nkr6.40 Billion | Nkr4.44 Billion | Nkr402.33 Million | ▲ +42.9 pp |
| 2007 | 20.2% | Nkr628.83 Million | Nkr3.11 Billion | Nkr1.41 Billion | Nkr779.29 Million | ▼ -42.9 pp |
| 2006 | 63.1% | Nkr1.44 Billion | Nkr2.28 Billion | Nkr1.99 Billion | Nkr555.52 Million | ▲ +11.7 pp |
| 2005 | 51.4% | Nkr376.19 Million | Nkr732.26 Million | Nkr660.73 Million | Nkr284.54 Million | ▲ +20.9 pp |
| 2004 | 30.5% | Nkr55.74 Million | Nkr182.86 Million | Nkr72.13 Million | Nkr16.40 Million | ▼ -11.4 pp |
| 2003 | 41.9% | Nkr5.18 Million | Nkr12.36 Million | Nkr7.22 Million | Nkr2.05 Million | ▼ -0.5 pp |
| 2002 | 42.3% | Nkr3.85 Million | Nkr9.10 Million | Nkr9.30 Million | Nkr5.45 Million | — |