Vow Green Metals AS (VGM) — Working Capital to Net Assets Ratio
Vow Green Metals AS (VGM) has a Working Capital to Net Assets ratio of 5.4% as of December 2024. Working capital of Nkr10.23 Million (current assets of Nkr83.13 Million minus current liabilities of Nkr72.90 Million) is measured against net assets of Nkr187.99 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Vow Green Metals AS liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Vow Green Metals AS Working Capital to Net Assets (2020–2024)
This chart shows how Vow Green Metals AS's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of December 2024, the ratio stands at 5.4%, reflecting working capital of Nkr10.23 Million against net assets of Nkr187.99 Million NOK. For the complete balance sheet picture, see VGM total asset value.
Annual Working Capital to Net Assets for Vow Green Metals AS (2020–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Vow Green Metals AS from 2020 to 2024, covering 5 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. Check VGM financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 5.4% | Nkr10.23 Million | Nkr187.99 Million | Nkr83.13 Million | Nkr72.90 Million | ▼ -8.3 pp |
| 2023 | 13.7% | Nkr13.73 Million | Nkr99.97 Million | Nkr46.35 Million | Nkr32.62 Million | ▼ -16.9 pp |
| 2022 | 30.7% | Nkr38.63 Million | Nkr125.88 Million | Nkr43.53 Million | Nkr4.90 Million | ▼ -16.4 pp |
| 2021 | 47.0% | Nkr66.40 Million | Nkr141.16 Million | Nkr69.44 Million | Nkr3.04 Million | ▼ -53.0 pp |
| 2020 | 100.0% | Nkr30.00K | Nkr30.00K | Nkr30.00K | Nkr0.00 | — |