Techstep ASA (TECH) — Working Capital to Net Assets Ratio
Techstep ASA (TECH) has a Working Capital to Net Assets ratio of -37.3% as of June 2025. Working capital of Nkr-204.28 Million (current assets of Nkr177.23 Million minus current liabilities of Nkr381.51 Million) is measured against net assets of Nkr548.31 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See TECH FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Techstep ASA Working Capital to Net Assets (2004–2024)
This chart shows how Techstep ASA's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2004 to 2024. As of June 2025, the ratio stands at -37.3%, reflecting working capital of Nkr-204.28 Million against net assets of Nkr548.31 Million NOK. See Techstep ASA (TECH) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Techstep ASA (2004–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Techstep ASA from 2004 to 2024, covering 20 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 TECH stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -38.9% | Nkr-221.74 Million | Nkr570.61 Million | Nkr206.90 Million | Nkr428.63 Million | ▲ +2.2 pp |
| 2023 | -41.1% | Nkr-235.56 Million | Nkr573.70 Million | Nkr277.61 Million | Nkr513.18 Million | ▲ +6.3 pp |
| 2022 | -47.4% | Nkr-270.90 Million | Nkr571.52 Million | Nkr332.12 Million | Nkr603.02 Million | ▼ -2.8 pp |
| 2021 | -44.6% | Nkr-247.83 Million | Nkr555.59 Million | Nkr355.89 Million | Nkr603.72 Million | ▼ -17.5 pp |
| 2020 | -27.1% | Nkr-152.95 Million | Nkr563.45 Million | Nkr292.04 Million | Nkr444.99 Million | ▼ -8.7 pp |
| 2019 | -18.4% | Nkr-83.99 Million | Nkr455.97 Million | Nkr224.89 Million | Nkr308.89 Million | ▼ -15.4 pp |
| 2018 | -3.0% | Nkr-15.55 Million | Nkr513.78 Million | Nkr239.60 Million | Nkr255.15 Million | ▲ +3.1 pp |
| 2017 | -6.2% | Nkr-27.69 Million | Nkr450.11 Million | Nkr231.42 Million | Nkr259.11 Million | ▲ +10.9 pp |
| 2016 | -17.1% | Nkr-44.39 Million | Nkr260.29 Million | Nkr191.07 Million | Nkr235.46 Million | ▼ -115.8 pp |
| 2015 | 98.8% | Nkr24.63 Million | Nkr24.93 Million | Nkr36.45 Million | Nkr11.83 Million | ▲ +73.5 pp |
| 2014 | 25.3% | Nkr16.69 Million | Nkr65.99 Million | Nkr35.03 Million | Nkr18.34 Million | ▼ -8.5 pp |
| 2013 | 33.8% | Nkr23.91 Million | Nkr70.82 Million | Nkr39.10 Million | Nkr15.19 Million | ▲ +14.6 pp |
| 2012 | 19.1% | Nkr11.21 Million | Nkr58.62 Million | Nkr30.04 Million | Nkr18.82 Million | ▼ -11.0 pp |
| 2011 | 30.1% | Nkr24.34 Million | Nkr80.85 Million | Nkr47.24 Million | Nkr22.89 Million | ▼ -9.2 pp |
| 2010 | 39.3% | Nkr46.43 Million | Nkr118.13 Million | Nkr81.43 Million | Nkr35.00 Million | ▲ +8.3 pp |
| 2009 | 31.0% | Nkr53.39 Million | Nkr172.22 Million | Nkr85.56 Million | Nkr32.17 Million | ▲ +0.1 pp |
| 2008 | 30.9% | Nkr63.90 Million | Nkr206.53 Million | Nkr132.08 Million | Nkr68.18 Million | ▼ -2.6 pp |
| 2006 | 33.5% | Nkr59.95 Million | Nkr178.79 Million | Nkr80.96 Million | Nkr21.01 Million | ▲ +13.2 pp |
| 2005 | 20.3% | Nkr32.35 Million | Nkr159.40 Million | Nkr57.50 Million | Nkr25.15 Million | ▼ -27.0 pp |
| 2004 | 47.3% | Nkr50.74 Million | Nkr107.33 Million | Nkr67.41 Million | Nkr16.67 Million | — |