Argeo AS

OL:ARGEO Norway Oil & Gas Equipment & Services
Market Cap
$2.48 Million
Nkr28.30 Million NOK
Market Cap Rank
#35935 Global
#213 in Norway
Share Price
Nkr0.45
Change (1 day)
+0.00%
52-Week Range
Nkr0.45 - Nkr6.28
All Time High
Nkr44.12
About

Argeo ASA provides technical solutions and services to the surveying and inspection industry across Norway, Africa, Asia, North and South America, and Europe. The company offers a range of services, including geophysical, hydrographical, route, environmental, ultra-high-resolution photo, and shallow-water USV survey services. It also provides inspection services, such as pipeline inspection, cath… Read more

Argeo AS - Asset Resilience Ratio

Latest as of December 2024: 0.84%

Argeo AS (ARGEO) has an Asset Resilience Ratio of 0.84% as of December 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
Nkr827.00K
Cash + Short-term Investments
Total Assets
Nkr99.01 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2024)

This chart shows how Argeo AS's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Argeo AS's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents Nkr827.00K 0.84%
Short-term Investments Nkr0.00 0%
Total Liquid Assets Nkr827.00K 0.84%

Asset Resilience Insights

  • Limited Liquidity: Argeo AS maintains only 0.84% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Argeo AS Industry Peers by Asset Resilience Ratio

Compare Argeo AS's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
Oil & Gas Equipment & Services 5.07%
China Oil HBP Science & Technology Co Ltd
SHE:002554
Oil & Gas Equipment & Services -0.63%
Zhejiang Renzhi Co Ltd
SHE:002629
Oil & Gas Equipment & Services 38.15%
Reservoir Link Energy Bhd
KLSE:0219
Oil & Gas Equipment & Services 3.34%
Ocean Vantage Holdings Bhd
KLSE:0220
Oil & Gas Equipment & Services 3.22%
Aker Solutions OL
F:1AKA
Oil & Gas Equipment & Services 5.09%
Prime Oil Chemical Service Corp
TW:2904
Oil & Gas Equipment & Services 0.96%
Lanzhou Haimo Technologies Co
SHE:300084
Oil & Gas Equipment & Services 7.22%

Annual Asset Resilience Ratio for Argeo AS (2019–2024)

The table below shows the annual Asset Resilience Ratio data for Argeo AS.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 0.84% Nkr827.00K Nkr99.01 Million -6.78pp
2023-12-31 7.61% Nkr5.21 Million Nkr68.48 Million +1.45pp
2022-12-31 6.16% Nkr21.31 Million Nkr345.78 Million -33.19pp
2021-12-31 39.36% Nkr65.86 Million Nkr167.34 Million +11.54pp
2020-12-31 27.82% Nkr7.78 Million Nkr27.96 Million +3.49pp
2019-12-31 24.33% Nkr1.39 Million Nkr5.72 Million --
pp = percentage points