Norva24 Group AB Working Capital to Net Assets Ratio

Latest as of December 2024: 10.2%

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

10.2%
Working Capital / Net Assets

Working Capital

Skr233.50 Million
SEK

Current Assets

Skr1.14 Billion
SEK

Current Liabilities

Skr901.70 Million
SEK

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 —
pp = percentage points