Norsk Hydro ASA (NHY) — Working Capital to Net Assets Ratio
Norsk Hydro ASA (NHY) has a Working Capital to Net Assets ratio of 32.1% as of December 2025. Working capital of Nkr34.34 Billion (current assets of Nkr81.48 Billion minus current liabilities of Nkr47.14 Billion) is measured against net assets of Nkr107.09 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See NHY net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Norsk Hydro ASA Working Capital to Net Assets (1985–2025)
This chart shows how Norsk Hydro ASA's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at 32.1%, reflecting working capital of Nkr34.34 Billion against net assets of Nkr107.09 Billion NOK. Check tangible equity quality of Norsk Hydro ASA to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Norsk Hydro ASA (1985–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Norsk Hydro ASA from 1985 to 2025, covering 41 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 NHY stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 32.1% | Nkr34.34 Billion | Nkr107.09 Billion | Nkr81.48 Billion | Nkr47.14 Billion | ▲ +7.7 pp |
| 2024 | 24.4% | Nkr26.21 Billion | Nkr107.45 Billion | Nkr75.62 Billion | Nkr49.41 Billion | ▼ -12.7 pp |
| 2023 | 37.1% | Nkr39.81 Billion | Nkr107.18 Billion | Nkr83.70 Billion | Nkr43.89 Billion | ▼ -5.8 pp |
| 2022 | 43.0% | Nkr46.32 Billion | Nkr107.80 Billion | Nkr89.13 Billion | Nkr42.80 Billion | ▲ +2.1 pp |
| 2021 | 40.9% | Nkr36.14 Billion | Nkr88.38 Billion | Nkr75.71 Billion | Nkr39.57 Billion | ▲ +0.9 pp |
| 2020 | 40.0% | Nkr31.01 Billion | Nkr77.44 Billion | Nkr60.05 Billion | Nkr29.05 Billion | ▲ +11.5 pp |
| 2019 | 28.5% | Nkr23.97 Billion | Nkr84.08 Billion | Nkr53.66 Billion | Nkr29.69 Billion | ▲ +6.5 pp |
| 2018 | 22.0% | Nkr20.01 Billion | Nkr90.77 Billion | Nkr55.00 Billion | Nkr34.99 Billion | ▼ -1.0 pp |
| 2017 | 23.1% | Nkr21.27 Billion | Nkr92.25 Billion | Nkr54.60 Billion | Nkr33.33 Billion | ▲ +1.1 pp |
| 2016 | 22.0% | Nkr19.26 Billion | Nkr87.64 Billion | Nkr36.37 Billion | Nkr17.11 Billion | ▼ -1.7 pp |
| 2015 | 23.6% | Nkr18.76 Billion | Nkr79.33 Billion | Nkr36.16 Billion | Nkr17.40 Billion | ▲ +2.6 pp |
| 2014 | 21.0% | Nkr16.81 Billion | Nkr79.94 Billion | Nkr35.93 Billion | Nkr19.12 Billion | ▲ +5.3 pp |
| 2013 | 15.7% | Nkr11.84 Billion | Nkr75.26 Billion | Nkr30.72 Billion | Nkr18.88 Billion | ▼ -9.6 pp |
| 2012 | 25.3% | Nkr18.68 Billion | Nkr73.84 Billion | Nkr39.59 Billion | Nkr20.92 Billion | ▲ +5.4 pp |
| 2011 | 19.9% | Nkr16.97 Billion | Nkr85.17 Billion | Nkr38.19 Billion | Nkr21.22 Billion | ▼ -16.7 pp |
| 2010 | 36.7% | Nkr20.98 Billion | Nkr57.25 Billion | Nkr36.82 Billion | Nkr15.84 Billion | ▲ +9.6 pp |
| 2009 | 27.0% | Nkr12.76 Billion | Nkr47.20 Billion | Nkr27.80 Billion | Nkr15.04 Billion | ▼ -3.9 pp |
| 2008 | 31.0% | Nkr16.76 Billion | Nkr54.14 Billion | Nkr40.11 Billion | Nkr23.34 Billion | ▼ -9.9 pp |
| 2007 | 40.9% | Nkr22.48 Billion | Nkr55.01 Billion | Nkr40.83 Billion | Nkr18.36 Billion | ▲ +19.2 pp |
| 2006 | 21.7% | Nkr21.02 Billion | Nkr97.05 Billion | Nkr82.01 Billion | Nkr60.99 Billion | ▲ +4.0 pp |
| 2005 | 17.7% | Nkr17.01 Billion | Nkr96.35 Billion | Nkr70.20 Billion | Nkr53.19 Billion | ▼ -10.2 pp |
| 2004 | 27.8% | Nkr24.51 Billion | Nkr88.13 Billion | Nkr70.94 Billion | Nkr46.43 Billion | ▼ -0.7 pp |
| 2003 | 28.6% | Nkr25.42 Billion | Nkr88.99 Billion | Nkr75.90 Billion | Nkr50.48 Billion | ▲ +4.5 pp |
| 2002 | 24.1% | Nkr18.49 Billion | Nkr76.79 Billion | Nkr66.20 Billion | Nkr47.71 Billion | ▼ -25.1 pp |
| 2001 | 49.2% | Nkr37.42 Billion | Nkr76.02 Billion | Nkr80.50 Billion | Nkr43.09 Billion | ▼ -1.8 pp |
| 2000 | 51.0% | Nkr37.04 Billion | Nkr72.60 Billion | Nkr81.74 Billion | Nkr44.70 Billion | ▲ +15.3 pp |
| 1999 | 35.7% | Nkr21.75 Billion | Nkr60.94 Billion | Nkr58.82 Billion | Nkr37.07 Billion | ▼ -2.0 pp |
| 1998 | 37.7% | Nkr18.73 Billion | Nkr49.68 Billion | Nkr45.42 Billion | Nkr26.69 Billion | ▲ +7.1 pp |
| 1997 | 30.6% | Nkr14.36 Billion | Nkr46.95 Billion | Nkr42.46 Billion | Nkr28.09 Billion | ▼ -2.8 pp |
| 1996 | 33.4% | Nkr12.48 Billion | Nkr37.33 Billion | Nkr37.90 Billion | Nkr25.42 Billion | ▼ -7.8 pp |
| 1995 | 41.2% | Nkr15.76 Billion | Nkr38.26 Billion | Nkr36.82 Billion | Nkr21.06 Billion | ▲ +3.1 pp |
| 1994 | 38.1% | Nkr12.18 Billion | Nkr31.97 Billion | Nkr34.55 Billion | Nkr22.36 Billion | ▲ +1.5 pp |
| 1993 | 36.6% | Nkr8.72 Billion | Nkr23.84 Billion | Nkr29.59 Billion | Nkr20.87 Billion | ▲ +8.1 pp |
| 1992 | 28.5% | Nkr6.06 Billion | Nkr21.26 Billion | Nkr28.24 Billion | Nkr22.18 Billion | ▲ +5.2 pp |
| 1991 | 23.3% | Nkr4.55 Billion | Nkr19.54 Billion | Nkr25.17 Billion | Nkr20.62 Billion | ▲ +0.5 pp |
| 1990 | 22.8% | Nkr4.67 Billion | Nkr20.51 Billion | Nkr27.09 Billion | Nkr22.43 Billion | ▲ +9.2 pp |
| 1989 | 13.6% | Nkr2.52 Billion | Nkr18.52 Billion | Nkr24.28 Billion | Nkr21.76 Billion | ▼ -20.3 pp |
| 1988 | 33.9% | Nkr5.60 Billion | Nkr16.50 Billion | Nkr26.46 Billion | Nkr20.86 Billion | ▲ +5.1 pp |
| 1987 | 28.8% | Nkr1.06 Billion | Nkr3.67 Billion | Nkr23.00 Billion | Nkr21.95 Billion | ▼ -3.6 pp |
| 1986 | 32.4% | Nkr1.11 Billion | Nkr3.43 Billion | Nkr22.12 Billion | Nkr21.01 Billion | ▼ -12.1 pp |
| 1985 | 44.5% | Nkr1.81 Billion | Nkr4.07 Billion | Nkr17.46 Billion | Nkr15.64 Billion | — |