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. Read GEOS current and long-term liabilities for a breakdown of total debt and financial obligations.

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 shareholders equity of Golden Energy Offshore Services AS for net asset value and shareholders' equity analysis.

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
Costamare Bulkers Holdings Limited NYSE:CMDB	Marine Shipping	2.35%
Qinhuangdao Port Co Ltd SHG:601326	Marine Shipping	0.19%
BW LPG Limited F:BW9	Marine Shipping	0.05%
Tianjin Port Co Ltd SHG:600717	Marine Shipping	-0.04%
HNA Technology Co Ltd A SHG:600751	Marine Shipping	0.13%
Genco Shipping & Trading Ltd NYSE:GNK	Marine Shipping	8.12%
Sejin Heavy Industries Co Ltd KO:075580	Marine Shipping	2.53%
Sincere Navigation Corp TW:2605	Marine Shipping	18.12%

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

$58.11 Million

Nkr552.18 Million NOK

Market Cap Rank

#21312 Global

#193 in Norway

Share Price

Nkr8.50

Change (1 day)

+3.03%

52-Week Range

Nkr6.34 - Nkr21.00

All Time High

Nkr118.09