Norva24 Group AB (NORVA) — 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. See NORVA financial 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
Norva24 Group AB Working Capital to Net Assets (2017–2024)
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 liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Norva24 Group AB (2017–2024)
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 live market cap and the full company profile, see Norva24 Group AB market cap and net worth.
| 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 | — |