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. Check Golden Energy Offshore Services AS strategic capital allocation to assess the company's strategic physical and investment asset allocation.

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. 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
--
pp = percentage points

About Golden Energy Offshore Services AS

OL:GEOS Norway Marine Shipping
Market Cap
$71.78 Million
Nkr682.10 Million NOK
Market Cap Rank
#20596 Global
#182 in Norway
Share Price
Nkr10.50
Change (1 day)
+0.00%
52-Week Range
Nkr6.34 - Nkr21.00
All Time High
Nkr118.09
About

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.