SalMar ASA (SALM) — Working Capital to Net Assets Ratio
SalMar ASA (SALM) has a Working Capital to Net Assets ratio of 54.0% as of December 2025. Working capital of Nkr9.59 Billion (current assets of Nkr18.75 Billion minus current liabilities of Nkr9.16 Billion) is measured against net assets of Nkr17.75 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SALM net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
SalMar ASA Working Capital to Net Assets (2004–2025)
This chart shows how SalMar ASA's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of December 2025, the ratio stands at 54.0%, reflecting working capital of Nkr9.59 Billion against net assets of Nkr17.75 Billion NOK. Check tangible equity quality of SalMar ASA to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for SalMar ASA (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for SalMar ASA from 2004 to 2025, covering 22 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 SalMar ASA stock valuation.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 47.6% | Nkr9.59 Billion | Nkr20.15 Billion | Nkr18.75 Billion | Nkr9.16 Billion | ▲ +10.1 pp |
| 2024 | 37.5% | Nkr7.58 Billion | Nkr20.24 Billion | Nkr17.92 Billion | Nkr10.34 Billion | ▲ +2.8 pp |
| 2023 | 34.7% | Nkr8.00 Billion | Nkr23.08 Billion | Nkr17.80 Billion | Nkr9.79 Billion | ▼ -15.2 pp |
| 2022 | 49.9% | Nkr12.05 Billion | Nkr24.15 Billion | Nkr28.95 Billion | Nkr16.90 Billion | ▲ +14.0 pp |
| 2021 | 35.9% | Nkr5.56 Billion | Nkr15.48 Billion | Nkr10.24 Billion | Nkr4.69 Billion | ▲ +6.9 pp |
| 2020 | 29.0% | Nkr3.18 Billion | Nkr10.99 Billion | Nkr7.92 Billion | Nkr4.74 Billion | ▼ -14.6 pp |
| 2019 | 43.6% | Nkr4.24 Billion | Nkr9.74 Billion | Nkr7.49 Billion | Nkr3.25 Billion | ▲ +5.4 pp |
| 2018 | 38.2% | Nkr3.49 Billion | Nkr9.14 Billion | Nkr6.92 Billion | Nkr3.44 Billion | ▲ +4.6 pp |
| 2017 | 33.6% | Nkr2.58 Billion | Nkr7.67 Billion | Nkr5.32 Billion | Nkr2.74 Billion | ▼ -20.4 pp |
| 2016 | 54.0% | Nkr3.61 Billion | Nkr6.68 Billion | Nkr6.39 Billion | Nkr2.79 Billion | ▼ -8.3 pp |
| 2015 | 62.3% | Nkr3.26 Billion | Nkr5.23 Billion | Nkr4.98 Billion | Nkr1.72 Billion | ▲ +1.3 pp |
| 2014 | 61.0% | Nkr3.14 Billion | Nkr5.14 Billion | Nkr4.67 Billion | Nkr1.53 Billion | ▼ -17.5 pp |
| 2013 | 78.5% | Nkr3.97 Billion | Nkr5.06 Billion | Nkr5.20 Billion | Nkr1.22 Billion | ▲ +21.6 pp |
| 2012 | 56.9% | Nkr1.69 Billion | Nkr2.97 Billion | Nkr3.25 Billion | Nkr1.56 Billion | ▲ +3.3 pp |
| 2011 | 53.6% | Nkr1.19 Billion | Nkr2.21 Billion | Nkr2.35 Billion | Nkr1.16 Billion | ▼ -13.5 pp |
| 2010 | 67.1% | Nkr1.66 Billion | Nkr2.47 Billion | Nkr2.36 Billion | Nkr705.43 Million | ▲ +5.0 pp |
| 2009 | 62.1% | Nkr1.06 Billion | Nkr1.70 Billion | Nkr1.59 Billion | Nkr532.10 Million | ▼ -1.2 pp |
| 2008 | 63.3% | Nkr833.25 Million | Nkr1.32 Billion | Nkr1.28 Billion | Nkr442.27 Million | ▼ -1.4 pp |
| 2007 | 64.7% | Nkr855.97 Million | Nkr1.32 Billion | Nkr1.20 Billion | Nkr343.30 Million | ▲ +8.1 pp |
| 2006 | 56.6% | Nkr500.98 Million | Nkr885.21 Million | Nkr923.07 Million | Nkr422.08 Million | ▲ +19.0 pp |
| 2005 | 37.6% | Nkr153.26 Million | Nkr407.59 Million | Nkr453.71 Million | Nkr300.45 Million | ▼ -23.6 pp |
| 2004 | 61.2% | Nkr127.22 Million | Nkr207.83 Million | Nkr373.77 Million | Nkr246.54 Million | — |