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 how financially flexible is Sparebank 1 Ostfold Akershus to measure the company's free cash flow as a share of total liabilities.
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. See Sparebank 1 Ostfold Akershus (SOAG) defensive interval to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see Sparebank 1 Ostfold Akershus (SOAG) total market value.
| 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 | — |