Spir Group ASA (SPIR) — Working Capital to Net Assets Ratio
Spir Group ASA (SPIR) has a Working Capital to Net Assets ratio of 2.3% as of September 2025. Working capital of Nkr38.30 Million (current assets of Nkr301.01 Million minus current liabilities of Nkr262.71 Million) is measured against net assets of Nkr1.67 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Spir Group ASA (SPIR) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Spir Group ASA Working Capital to Net Assets (2019–2024)
This chart shows how Spir Group ASA's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of September 2025, the ratio stands at 2.3%, reflecting working capital of Nkr38.30 Million against net assets of Nkr1.67 Billion NOK. See Spir Group ASA (SPIR) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Spir Group ASA (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Spir Group ASA from 2019 to 2024, covering 6 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 SPIR market cap.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -17.1% | Nkr-218.02 Million | Nkr1.28 Billion | Nkr191.84 Million | Nkr409.86 Million | ▲ +0.0 pp |
| 2023 | -17.1% | Nkr-186.00 Million | Nkr1.09 Billion | Nkr200.28 Million | Nkr386.28 Million | ▼ -3.1 pp |
| 2022 | -14.0% | Nkr-144.62 Million | Nkr1.03 Billion | Nkr265.22 Million | Nkr409.84 Million | ▼ -0.2 pp |
| 2021 | -13.8% | Nkr-97.53 Million | Nkr704.79 Million | Nkr202.95 Million | Nkr300.48 Million | ▼ -44.3 pp |
| 2020 | 30.5% | Nkr77.37 Million | Nkr253.59 Million | Nkr159.24 Million | Nkr81.87 Million | ▼ -69.5 pp |
| 2019 | 100.0% | Nkr30.00K | Nkr30.00K | Nkr30.00K | Nkr0.00 | — |