Norse Atlantic ASA (NORSE) — Working Capital to Net Assets Ratio
Norse Atlantic ASA (NORSE) has a Working Capital to Net Assets ratio of 82.9% as of December 2025. Working capital of Nkr-215.62 Million (current assets of Nkr139.82 Million minus current liabilities of Nkr355.44 Million) is measured against net assets of Nkr-260.01 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Norse Atlantic ASA balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Norse Atlantic ASA Working Capital to Net Assets (2020–2025)
This chart shows how Norse Atlantic ASA's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of December 2025, the ratio stands at 82.9%, reflecting working capital of Nkr-215.62 Million against net assets of Nkr-260.01 Million NOK. Check how tangible is Norse Atlantic ASA's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Norse Atlantic ASA (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Norse Atlantic ASA from 2020 to 2025, covering 6 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 NORSE stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 82.9% | Nkr-215.62 Million | Nkr-260.01 Million | Nkr139.82 Million | Nkr355.44 Million | ▲ +4.6 pp |
| 2024 | 78.4% | Nkr-165.03 Million | Nkr-210.57 Million | Nkr154.84 Million | Nkr319.87 Million | ▲ +5.7 pp |
| 2023 | 72.6% | Nkr-65.14 Million | Nkr-89.70 Million | Nkr147.63 Million | Nkr212.77 Million | ▼ -10.7 pp |
| 2022 | 83.4% | Nkr8.78 Million | Nkr10.54 Million | Nkr117.20 Million | Nkr108.42 Million | ▼ -1.4 pp |
| 2021 | 84.8% | Nkr132.59 Million | Nkr156.39 Million | Nkr134.96 Million | Nkr2.37 Million | ▼ -15.2 pp |
| 2020 | 100.0% | Nkr3.03 Million | Nkr3.03 Million | Nkr3.03 Million | Nkr0.00 | — |