Nordic Aqua Partners As (NOAP) — Working Capital to Net Assets Ratio
Nordic Aqua Partners As (NOAP) has a Working Capital to Net Assets ratio of 25.4% as of December 2025. Working capital of Nkr21.93 Million (current assets of Nkr45.07 Million minus current liabilities of Nkr23.14 Million) is measured against net assets of Nkr86.25 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Nordic Aqua Partners As defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nordic Aqua Partners As Working Capital to Net Assets (2017–2025)
This chart shows how Nordic Aqua Partners As's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of December 2025, the ratio stands at 25.4%, reflecting working capital of Nkr21.93 Million against net assets of Nkr86.25 Million NOK. For the complete balance sheet picture, see Nordic Aqua Partners As (NOAP) total assets.
Annual Working Capital to Net Assets for Nordic Aqua Partners As (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nordic Aqua Partners As from 2017 to 2025, covering 9 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. Check NOAP financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 21.0% | Nkr21.93 Million | Nkr104.24 Million | Nkr45.07 Million | Nkr23.14 Million | ▼ -9.6 pp |
| 2024 | 30.6% | Nkr26.62 Million | Nkr86.88 Million | Nkr39.92 Million | Nkr13.30 Million | ▼ -14.9 pp |
| 2023 | 45.6% | Nkr33.41 Million | Nkr73.35 Million | Nkr37.14 Million | Nkr3.72 Million | ▲ +20.6 pp |
| 2022 | 25.0% | Nkr89.54 Million | Nkr358.78 Million | Nkr102.62 Million | Nkr13.08 Million | ▼ -44.2 pp |
| 2021 | 69.2% | Nkr275.73 Million | Nkr398.46 Million | Nkr283.24 Million | Nkr7.51 Million | ▼ -27.2 pp |
| 2020 | 96.4% | Nkr398.24 Million | Nkr412.96 Million | Nkr400.22 Million | Nkr1.98 Million | ▲ +31.3 pp |
| 2019 | 65.1% | Nkr8.70 Million | Nkr13.36 Million | Nkr9.42 Million | Nkr720.00K | ▲ +955.0 pp |
| 2018 | -889.9% | Nkr-134.26 Million | Nkr15.09 Million | Nkr1.94 Million | Nkr136.20 Million | ▼ -989.9 pp |
| 2017 | 100.0% | Nkr1.03 Million | Nkr1.03 Million | Nkr1.05 Million | Nkr15.99K | — |