North Energy ASA (NORTH) — Working Capital to Net Assets Ratio
North Energy ASA (NORTH) has a Working Capital to Net Assets ratio of 35.3% as of June 2025. Working capital of Nkr123.03 Million (current assets of Nkr192.00 Million minus current liabilities of Nkr68.97 Million) is measured against net assets of Nkr348.67 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of North Energy ASA to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
North Energy ASA Working Capital to Net Assets (2013–2024)
This chart shows how North Energy ASA's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of June 2025, the ratio stands at 35.3%, reflecting working capital of Nkr123.03 Million against net assets of Nkr348.67 Million NOK. Check how tangible is North Energy ASA's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for North Energy ASA (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for North Energy ASA from 2013 to 2024, covering 12 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 market cap of North Energy ASA.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 34.7% | Nkr127.49 Million | Nkr367.51 Million | Nkr132.66 Million | Nkr5.17 Million | ▲ +5.2 pp |
| 2023 | 29.5% | Nkr94.67 Million | Nkr321.13 Million | Nkr112.40 Million | Nkr17.72 Million | ▼ -14.4 pp |
| 2022 | 43.9% | Nkr135.22 Million | Nkr308.23 Million | Nkr149.77 Million | Nkr14.55 Million | ▼ -12.7 pp |
| 2021 | 56.5% | Nkr181.67 Million | Nkr321.30 Million | Nkr194.31 Million | Nkr12.64 Million | ▼ -20.0 pp |
| 2020 | 76.5% | Nkr307.45 Million | Nkr401.89 Million | Nkr310.94 Million | Nkr3.49 Million | ▲ +3.6 pp |
| 2019 | 72.9% | Nkr220.58 Million | Nkr302.75 Million | Nkr224.23 Million | Nkr3.65 Million | ▲ +6.0 pp |
| 2018 | 66.9% | Nkr251.93 Million | Nkr376.52 Million | Nkr256.45 Million | Nkr4.52 Million | ▲ +2.4 pp |
| 2017 | 64.6% | Nkr261.73 Million | Nkr405.43 Million | Nkr301.09 Million | Nkr39.36 Million | ▲ +29.1 pp |
| 2016 | 35.5% | Nkr144.62 Million | Nkr407.52 Million | Nkr199.79 Million | Nkr55.17 Million | ▼ -24.3 pp |
| 2015 | 59.8% | Nkr188.39 Million | Nkr314.92 Million | Nkr475.10 Million | Nkr286.71 Million | ▼ -13.9 pp |
| 2014 | 73.7% | Nkr324.51 Million | Nkr440.07 Million | Nkr439.74 Million | Nkr115.24 Million | ▲ +8.7 pp |
| 2013 | 65.1% | Nkr169.54 Million | Nkr260.57 Million | Nkr383.56 Million | Nkr214.01 Million | — |