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 how financially flexible is SalMar ASA to measure the company's free cash flow as a share of total liabilities.
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. See SALM days of operational coverage to measure how many days the company can operate on defensive assets alone.
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 SALM company net worth.
| 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 | — |