Sparebank 1 Ostfold Akershus (SOAG) — Working Capital to Net Assets Ratio
Sparebank 1 Ostfold Akershus (SOAG) has a Working Capital to Net Assets ratio of -323.4% as of June 2023. Working capital of Nkr-14.18 Billion (current assets of Nkr4.79 Billion minus current liabilities of Nkr18.97 Billion) is measured against net assets of Nkr4.38 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Sparebank 1 Ostfold Akershus to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sparebank 1 Ostfold Akershus Working Capital to Net Assets (2013–2021)
This chart shows how Sparebank 1 Ostfold Akershus's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2013 to 2021. As of June 2023, the ratio stands at -323.4%, reflecting working capital of Nkr-14.18 Billion against net assets of Nkr4.38 Billion NOK. For the complete balance sheet picture, see balance sheet size of Sparebank 1 Ostfold Akershus.
Annual Working Capital to Net Assets for Sparebank 1 Ostfold Akershus (2013–2021)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sparebank 1 Ostfold Akershus from 2013 to 2021, 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 SOAG 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) |
|---|---|---|---|---|---|---|
| 2021 | -349.5% | Nkr-14.25 Billion | Nkr4.08 Billion | Nkr4.45 Billion | Nkr18.70 Billion | ▲ +8.7 pp |
| 2020 | -358.2% | Nkr-13.39 Billion | Nkr3.74 Billion | Nkr4.30 Billion | Nkr17.69 Billion | ▼ -10.4 pp |
| 2019 | -347.7% | Nkr-12.29 Billion | Nkr3.53 Billion | Nkr3.77 Billion | Nkr16.06 Billion | ▼ -492.2 pp |
| 2018 | 144.5% | Nkr4.81 Billion | Nkr3.33 Billion | Nkr20.53 Billion | Nkr15.72 Billion | ▲ +3.7 pp |
| 2017 | 140.7% | Nkr4.36 Billion | Nkr3.10 Billion | Nkr18.25 Billion | Nkr13.89 Billion | ▼ -18.7 pp |
| 2016 | 159.5% | Nkr4.26 Billion | Nkr2.67 Billion | Nkr17.50 Billion | Nkr13.24 Billion | ▲ +0.1 pp |
| 2015 | 159.4% | Nkr3.58 Billion | Nkr2.25 Billion | Nkr16.44 Billion | Nkr12.86 Billion | ▼ -10.8 pp |
| 2014 | 170.2% | Nkr3.14 Billion | Nkr1.84 Billion | Nkr15.75 Billion | Nkr12.62 Billion | ▼ -29.7 pp |
| 2013 | 199.9% | Nkr3.35 Billion | Nkr1.68 Billion | Nkr15.55 Billion | Nkr12.20 Billion | — |