Norva24 Group AB Working Capital to Net Assets Ratio
Norva24 Group AB working capital to net assets ratio. Norva24 Group AB (NORVA) has a Working Capital to Net Assets ratio of 10.2% as of December 2024. Working capital of Skr233.50 Million (current assets of Skr1.14 Billion minus current liabilities of Skr901.70 Million) is measured against net assets of Skr2.29 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check NORVA tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Norva24 Group AB (2017–2024)
Working capital to net assets ratio of Norva24 Group AB from 2017 to 2024. This chart shows how Norva24 Group AB's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of December 2024, the ratio stands at 10.2%, reflecting working capital of Skr233.50 Million against net assets of Skr2.29 Billion SEK. See Norva24 Group AB defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Norva24 Group AB Working Capital to Net Assets Ratio by Year (2017–2024)
Norva24 Group AB working capital to net assets ratio by year from 2017 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Norva24 Group AB from 2017 to 2024, covering 8 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 the complete balance sheet picture, see NORVA asset base.
| Year | WC/NA Ratio | Working Capital (SEK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 10.2% | Skr233.50 Million | Skr2.29 Billion | Skr1.14 Billion | Skr901.70 Million | ▲ +4.3 pp |
| 2023 | 5.9% | Skr121.40 Million | Skr2.07 Billion | Skr928.60 Million | Skr807.20 Million | ▲ +3.3 pp |
| 2022 | 2.6% | Skr44.10 Million | Skr1.73 Billion | Skr705.30 Million | Skr661.20 Million | ▲ +5.1 pp |
| 2021 | -2.5% | Skr-41.00 Million | Skr1.62 Billion | Skr723.80 Million | Skr764.80 Million | ▲ +9.7 pp |
| 2020 | -12.2% | Skr-84.00 Million | Skr688.00 Million | Skr483.30 Million | Skr567.30 Million | ▼ -3.1 pp |
| 2019 | -9.1% | Skr-48.90 Million | Skr536.20 Million | Skr385.20 Million | Skr434.10 Million | ▲ +9.5 pp |
| 2018 | -18.6% | Skr-60.40 Million | Skr324.00 Million | Skr249.70 Million | Skr310.10 Million | ▼ -35.1 pp |
| 2017 | 16.4% | Skr56.01 Million | Skr340.84 Million | Skr227.04 Million | Skr171.03 Million | — |