Golden Energy Offshore Services AS - Asset Resilience Ratio

Latest as of June 2023: 2.71%

Golden Energy Offshore Services AS (GEOS) has an Asset Resilience Ratio of 2.71% as of June 2023. 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. See Golden Energy Offshore Services AS (GEOS) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

Nkr15.43 Million

≈ $1.62 Million USD Cash + Short-term Investments

Total Assets

Nkr569.39 Million

≈ $59.92 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2016–2024)

This chart shows how Golden Energy Offshore Services AS's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Golden Energy Offshore Services AS total assets.

Liquid Assets Composition Over Time

This chart breaks down Golden Energy Offshore Services AS's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read GEOS current and long-term liabilities for a breakdown of total debt and financial obligations.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	Nkr7.71 Million	1.35%
Short-term Investments	Nkr7.71 Million	1.35%
Total Liquid Assets	Nkr15.43 Million	2.71%

Asset Resilience Insights

Limited Liquidity: Golden Energy Offshore Services AS maintains only 2.71% of assets in liquid form.
This low level may indicate efficient asset utilization but could pose risks during economic downturns.
The company maintains a balanced mix of cash and short-term investments.

Golden Energy Offshore Services AS Industry Peers by Asset Resilience Ratio

Compare Golden Energy Offshore Services AS's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Hafnia Limited NYSE:HAFN	Marine Shipping	2.73%
ZIM Integrated Shipping Services Ltd. F:2SV	Marine Shipping	6.68%
Hainan Strait Shipping Co Ltd SHE:002320	Marine Shipping	0.51%
Dampskibsselskabet Norden AS CO:DNORD	Marine Shipping	8.63%
BW LPG Limited F:BW9	Marine Shipping	0.05%
Chang Jiang Shipping Group Phoenix Co Ltd SHE:000520	Marine Shipping	5.06%
Himalaya Shipping Ltd OL:HSHP	Marine Shipping	0.01%
Precious Shipping Public Company Limited BK:PSL	Marine Shipping	0.33%

Annual Asset Resilience Ratio for Golden Energy Offshore Services AS (2016–2024)

The table below shows the annual Asset Resilience Ratio data for Golden Energy Offshore Services AS.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2024-12-31	2.37%	Nkr37.61 Million ≈ $3.96 Million	Nkr1.59 Billion ≈ $166.87 Million	-0.27pp
2023-12-31	2.64%	Nkr41.23 Million ≈ $4.34 Million	Nkr1.56 Billion ≈ $164.04 Million	+2.48pp
2022-12-31	0.17%	Nkr957.00K ≈ $100.70K	Nkr565.02 Million ≈ $59.46 Million	+0.00pp
2021-12-31	0.17%	Nkr791.00K ≈ $83.24K	Nkr470.62 Million ≈ $49.52 Million	+0.13pp
2020-12-31	0.04%	Nkr194.34K ≈ $20.45K	Nkr472.92 Million ≈ $49.76 Million	-0.67pp
2019-12-31	0.71%	Nkr4.12 Million ≈ $433.33K	Nkr578.87 Million ≈ $60.91 Million	-4.91pp
2018-12-31	5.62%	Nkr15.29 Million ≈ $1.61 Million	Nkr272.26 Million ≈ $28.65 Million	-6.36pp
2017-12-31	11.98%	Nkr35.27 Million ≈ $3.71 Million	Nkr294.52 Million ≈ $30.99 Million	+9.75pp
2016-12-31	2.23%	Nkr6.55 Million ≈ $689.21K	Nkr293.81 Million ≈ $30.92 Million	--

pp = percentage points

About Golden Energy Offshore Services AS

OL:GEOS Norway Marine Shipping

Market Cap

$47.91 Million

Nkr455.29 Million NOK

Market Cap Rank

#22149 Global

#199 in Norway

Share Price

Nkr6.45

Change (1 day)

+0.00%

52-Week Range

Nkr6.34 - Nkr20.00

All Time High

Nkr118.09