Otovo AS Working Capital to Net Assets Ratio
Otovo AS working capital to net assets ratio. Otovo AS (OTOVO) has a Working Capital to Net Assets ratio of 31.0% as of June 2025. Working capital of Nkr116.16 Million (current assets of Nkr263.98 Million minus current liabilities of Nkr147.82 Million) is measured against net assets of Nkr375.02 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Otovo AS (2017–2024)
Working capital to net assets ratio of Otovo AS from 2017 to 2024. This chart shows how Otovo AS's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2025, the ratio stands at 31.0%, reflecting working capital of Nkr116.16 Million against net assets of Nkr375.02 Million NOK. See OTOVO days of operational coverage to measure how many days the company can operate on defensive assets alone.
Otovo AS Working Capital to Net Assets Ratio by Year (2017–2024)
Otovo AS working capital to net assets ratio by year from 2017 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Otovo AS from 2017 to 2024, covering 8 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 the complete balance sheet picture, see OTOVO total assets.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 28.1% | Nkr140.09 Million | Nkr498.72 Million | Nkr289.12 Million | Nkr149.02 Million | ▼ -28.5 pp |
| 2023 | 56.6% | Nkr494.78 Million | Nkr874.20 Million | Nkr734.03 Million | Nkr239.25 Million | ▲ +20.0 pp |
| 2022 | 36.6% | Nkr194.47 Million | Nkr531.50 Million | Nkr458.83 Million | Nkr264.36 Million | ▲ +0.9 pp |
| 2021 | 35.7% | Nkr186.17 Million | Nkr521.05 Million | Nkr297.00 Million | Nkr110.83 Million | ▲ +20.1 pp |
| 2020 | 15.6% | Nkr27.29 Million | Nkr174.49 Million | Nkr95.72 Million | Nkr68.43 Million | ▼ -60.1 pp |
| 2019 | 75.7% | Nkr181.58 Million | Nkr239.85 Million | Nkr223.89 Million | Nkr42.31 Million | ▼ -19.7 pp |
| 2018 | 95.4% | Nkr109.32 Million | Nkr114.58 Million | Nkr133.38 Million | Nkr24.06 Million | ▼ -6.1 pp |
| 2017 | 101.5% | Nkr59.21 Million | Nkr58.31 Million | Nkr67.83 Million | Nkr8.63 Million | — |