Sparebank 1 Nordvest (SNOR) — Working Capital to Net Assets Ratio
Sparebank 1 Nordvest (SNOR) has a Working Capital to Net Assets ratio of -401.0% as of June 2023. Working capital of Nkr-14.61 Billion (current assets of Nkr3.48 Billion minus current liabilities of Nkr18.09 Billion) is measured against net assets of Nkr3.64 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Sparebank 1 Nordvest (SNOR) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sparebank 1 Nordvest Working Capital to Net Assets (2014–2022)
This chart shows how Sparebank 1 Nordvest's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at -401.0%, reflecting working capital of Nkr-14.61 Billion against net assets of Nkr3.64 Billion NOK. For the complete balance sheet picture, see Sparebank 1 Nordvest total assets.
Annual Working Capital to Net Assets for Sparebank 1 Nordvest (2014–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sparebank 1 Nordvest from 2014 to 2022, covering 9 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. Explore Sparebank 1 Nordvest long-term investment intensity to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -367.0% | Nkr-13.30 Billion | Nkr3.62 Billion | Nkr4.21 Billion | Nkr17.51 Billion | ▼ -535.5 pp |
| 2021 | 168.6% | Nkr5.62 Billion | Nkr3.33 Billion | Nkr22.43 Billion | Nkr16.81 Billion | ▼ -22.9 pp |
| 2020 | 191.4% | Nkr4.42 Billion | Nkr2.31 Billion | Nkr15.42 Billion | Nkr11.00 Billion | ▲ +2.9 pp |
| 2019 | 188.6% | Nkr4.12 Billion | Nkr2.19 Billion | Nkr13.96 Billion | Nkr9.84 Billion | ▲ +8.2 pp |
| 2018 | 180.4% | Nkr3.67 Billion | Nkr2.03 Billion | Nkr12.63 Billion | Nkr8.96 Billion | ▲ +535.1 pp |
| 2017 | -354.7% | Nkr-6.80 Billion | Nkr1.92 Billion | Nkr2.05 Billion | Nkr8.86 Billion | ▼ -17.1 pp |
| 2016 | -337.6% | Nkr-5.42 Billion | Nkr1.60 Billion | Nkr2.11 Billion | Nkr7.53 Billion | ▲ +49.3 pp |
| 2015 | -386.9% | Nkr-5.31 Billion | Nkr1.37 Billion | Nkr2.38 Billion | Nkr7.69 Billion | ▲ +24.9 pp |
| 2014 | -411.8% | Nkr-4.88 Billion | Nkr1.18 Billion | Nkr2.21 Billion | Nkr7.09 Billion | — |