Panoro Energy ASA (PEN) — Working Capital to Net Assets Ratio
Panoro Energy ASA (PEN) has a Working Capital to Net Assets ratio of 16.3% as of December 2025. Working capital of Nkr36.32 Million (current assets of Nkr149.48 Million minus current liabilities of Nkr113.16 Million) is measured against net assets of Nkr223.07 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See PEN equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Panoro Energy ASA Working Capital to Net Assets (2009–2025)
This chart shows how Panoro Energy ASA's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2009 to 2025. As of December 2025, the ratio stands at 16.3%, reflecting working capital of Nkr36.32 Million against net assets of Nkr223.07 Million NOK. Check Panoro Energy ASA (PEN) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Panoro Energy ASA (2009–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Panoro Energy ASA from 2009 to 2025, covering 17 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 Panoro Energy ASA stock valuation.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 17.3% | Nkr38.25 Million | Nkr220.79 Million | Nkr140.90 Million | Nkr102.65 Million | ▼ -15.7 pp |
| 2024 | 33.0% | Nkr90.43 Million | Nkr273.87 Million | Nkr153.53 Million | Nkr63.09 Million | ▲ +35.4 pp |
| 2023 | -2.3% | Nkr-5.54 Million | Nkr236.04 Million | Nkr109.71 Million | Nkr115.25 Million | ▼ -13.3 pp |
| 2022 | 11.0% | Nkr22.64 Million | Nkr206.50 Million | Nkr94.48 Million | Nkr71.84 Million | ▼ -12.3 pp |
| 2021 | 23.2% | Nkr45.42 Million | Nkr195.44 Million | Nkr128.98 Million | Nkr83.56 Million | ▼ -1.9 pp |
| 2020 | 25.2% | Nkr17.09 Million | Nkr67.94 Million | Nkr54.24 Million | Nkr37.15 Million | ▼ -16.1 pp |
| 2019 | 41.3% | Nkr30.00 Million | Nkr72.69 Million | Nkr65.88 Million | Nkr35.88 Million | ▲ +13.4 pp |
| 2018 | 27.9% | Nkr12.90 Million | Nkr46.31 Million | Nkr35.73 Million | Nkr22.82 Million | ▲ +10.4 pp |
| 2017 | 17.4% | Nkr3.02 Million | Nkr17.32 Million | Nkr9.83 Million | Nkr6.81 Million | ▲ +8.6 pp |
| 2016 | 8.8% | Nkr4.79 Million | Nkr54.33 Million | Nkr7.17 Million | Nkr2.38 Million | ▼ -2.2 pp |
| 2015 | 11.0% | Nkr11.95 Million | Nkr108.17 Million | Nkr12.64 Million | Nkr692.00K | ▼ -19.8 pp |
| 2014 | 30.9% | Nkr45.69 Million | Nkr148.06 Million | Nkr47.22 Million | Nkr1.53 Million | ▲ +17.4 pp |
| 2013 | 13.5% | Nkr15.98 Million | Nkr118.45 Million | Nkr154.58 Million | Nkr138.60 Million | ▼ -10.9 pp |
| 2012 | 24.4% | Nkr46.90 Million | Nkr192.10 Million | Nkr92.52 Million | Nkr45.63 Million | ▼ -11.2 pp |
| 2011 | 35.6% | Nkr91.49 Million | Nkr257.17 Million | Nkr131.30 Million | Nkr39.81 Million | ▲ +11.8 pp |
| 2010 | 23.8% | Nkr52.83 Million | Nkr222.27 Million | Nkr84.45 Million | Nkr31.62 Million | ▲ +172.0 pp |
| 2009 | -148.2% | Nkr-144.37 Million | Nkr97.38 Million | Nkr27.97 Million | Nkr172.34 Million | — |