NOTE AB (NOTE) — Working Capital to Net Assets Ratio
NOTE AB (NOTE) has a Working Capital to Net Assets ratio of 21.3% as of June 2026. Working capital of Skr390.00 Million (current assets of Skr2.48 Billion minus current liabilities of Skr2.09 Billion) is measured against net assets of Skr1.83 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See NOTE days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NOTE AB Working Capital to Net Assets (2003–2025)
This chart shows how NOTE AB's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of June 2026, the ratio stands at 21.3%, reflecting working capital of Skr390.00 Million against net assets of Skr1.83 Billion SEK. For the complete balance sheet picture, see NOTE current and non-current assets.
Annual Working Capital to Net Assets for NOTE AB (2003–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for NOTE AB from 2003 to 2025, covering 23 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 NOTE AB asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (SEK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 38.2% | Skr629.00 Million | Skr1.65 Billion | Skr2.07 Billion | Skr1.45 Billion | ▼ -26.4 pp |
| 2024 | 64.6% | Skr1.06 Billion | Skr1.64 Billion | Skr2.30 Billion | Skr1.24 Billion | ▲ +0.3 pp |
| 2023 | 64.3% | Skr897.41 Million | Skr1.40 Billion | Skr2.38 Billion | Skr1.48 Billion | ▼ -7.0 pp |
| 2022 | 71.3% | Skr783.34 Million | Skr1.10 Billion | Skr2.26 Billion | Skr1.47 Billion | ▲ +5.3 pp |
| 2021 | 66.0% | Skr528.00 Million | Skr800.26 Million | Skr1.71 Billion | Skr1.18 Billion | ▲ +3.7 pp |
| 2020 | 62.3% | Skr353.38 Million | Skr567.63 Million | Skr784.68 Million | Skr431.30 Million | ▲ +9.0 pp |
| 2019 | 53.3% | Skr247.91 Million | Skr465.25 Million | Skr841.13 Million | Skr593.22 Million | ▲ +2.4 pp |
| 2018 | 50.9% | Skr195.25 Million | Skr383.63 Million | Skr747.39 Million | Skr552.14 Million | ▼ -13.3 pp |
| 2017 | 64.2% | Skr236.95 Million | Skr369.22 Million | Skr609.70 Million | Skr372.75 Million | ▲ +9.2 pp |
| 2016 | 55.0% | Skr174.97 Million | Skr318.03 Million | Skr542.13 Million | Skr367.15 Million | ▲ +5.4 pp |
| 2015 | 49.7% | Skr142.58 Million | Skr287.14 Million | Skr506.60 Million | Skr364.01 Million | ▲ +2.2 pp |
| 2014 | 47.4% | Skr128.17 Million | Skr270.16 Million | Skr458.86 Million | Skr330.69 Million | ▲ +1.1 pp |
| 2013 | 46.3% | Skr110.29 Million | Skr238.14 Million | Skr406.35 Million | Skr296.06 Million | ▼ -4.6 pp |
| 2012 | 50.9% | Skr132.66 Million | Skr260.50 Million | Skr441.20 Million | Skr308.54 Million | ▲ +5.8 pp |
| 2011 | 45.2% | Skr117.17 Million | Skr259.44 Million | Skr485.54 Million | Skr368.36 Million | ▲ +25.3 pp |
| 2010 | 19.9% | Skr43.19 Million | Skr217.01 Million | Skr512.63 Million | Skr469.44 Million | ▲ +17.1 pp |
| 2009 | 2.8% | Skr5.86 Million | Skr209.93 Million | Skr518.51 Million | Skr512.66 Million | ▼ -46.8 pp |
| 2008 | 49.6% | Skr146.23 Million | Skr294.93 Million | Skr701.22 Million | Skr555.00 Million | ▼ -31.9 pp |
| 2007 | 81.5% | Skr266.93 Million | Skr327.41 Million | Skr747.53 Million | Skr480.60 Million | ▼ -14.8 pp |
| 2006 | 96.3% | Skr258.27 Million | Skr268.13 Million | Skr720.45 Million | Skr462.18 Million | ▲ +33.7 pp |
| 2005 | 62.7% | Skr128.54 Million | Skr205.11 Million | Skr627.27 Million | Skr498.73 Million | ▼ -41.7 pp |
| 2004 | 104.4% | Skr274.19 Million | Skr262.75 Million | Skr592.34 Million | Skr318.15 Million | ▼ -42.4 pp |
| 2003 | 146.8% | Skr215.39 Million | Skr146.73 Million | Skr516.02 Million | Skr300.63 Million | — |