Golden Energy Offshore Services AS - Asset Resilience Ratio
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. Check Golden Energy Offshore Services AS strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2024)
This chart shows how Golden Energy Offshore Services AS's Asset Resilience Ratio has changed over time. See Golden Energy Offshore Services AS net asset quality index to measure how much of total assets are equity-financed.
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. For market capitalisation and broader financial context, see market value of Golden Energy Offshore Services AS.
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 |
|---|---|---|
|
Hyundai Mipo Dockyard
KO:010620 |
Marine Shipping | 0.82% |
|
ZIM Integrated Shipping Services Ltd
NYSE:ZIM |
Marine Shipping | 6.67% |
|
Vapores
SN:VAPORES |
Marine Shipping | 0.02% |
|
Rizhao Port Co Ltd
SHG:600017 |
Marine Shipping | 0.12% |
|
Nanjing Port Co Ltd
SHE:002040 |
Marine Shipping | 2.79% |
|
Sejin Heavy Industries Co Ltd
KO:075580 |
Marine Shipping | 2.53% |
|
Puerto Ventana
SN:VENTANAS |
Marine Shipping | 0.16% |
|
Jasa Armada Indonesia Tbk PT
JK:IPCM |
Marine Shipping | 14.91% |
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 |
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About Golden Energy Offshore Services AS
Golden Energy Offshore Services ASA, together with its subsidiaries, owns and operates supply vessels for the oil and gas, and renewable offshore service industry in the North Sea, the Caribbean, and internationally. The company was incorporated in 2013 and is headquartered in Ålesund, Norway.