Otovo AS (OTOVO) — 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. See financial agility of Otovo AS to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Otovo AS Working Capital to Net Assets (2017–2024)
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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Otovo AS (2017–2024)
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 live market cap and the full company profile, see how much is Otovo AS worth.
| 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 | — |