Golden Energy Offshore Services AS Asset Resilience Ratio

Latest as of June 2023: 2.71%

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. See operational self-sufficiency of Golden Energy Offshore Services AS to measure how many days the company can operate on defensive assets alone.

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 of Golden Energy Offshore Services AS (2016–2024)

Asset resilience ratio of Golden Energy Offshore Services AS from 2016 to 2024. This chart shows how Golden Energy Offshore Services AS's Asset Resilience Ratio has changed over time. Read Golden Energy Offshore Services AS balance sheet liabilities for a breakdown of total debt and financial obligations.

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 the complete balance sheet picture, see balance sheet size 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
Okeanis Eco Tankers Corp
OL:OET
Marine Shipping 6.70%
DANAOS CORP. DL -01
F:DVW1
Marine Shipping 2.35%
Vapores
SN:VAPORES
Marine Shipping 0.02%
Golden Ocean Group Ltd
OL:GOGL
Marine Shipping 0.00%
Tianjin Port Co Ltd
SHG:600717
Marine Shipping -0.04%
Golden Ocean Group Limited
F:KT31
Marine Shipping 0.00%
Himalaya Shipping Ltd
OL:HSHP
Marine Shipping 0.01%
Bintulu Port Holdings Bhd
KLSE:5032
Marine Shipping 24.06%

Golden Energy Offshore Services AS Asset Resilience Ratio by Year (2016–2024)

Golden Energy Offshore Services AS asset resilience ratio by year from 2016 to 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
$46.42 Million
Nkr441.17 Million NOK
Market Cap Rank
#21931 Global
#199 in Norway
Share Price
Nkr6.25
Change (1 day)
+1.63%
52-Week Range
Nkr6.15 - Nkr17.65
All Time High
Nkr118.09
About

Golden Energy Offshore Services ASA, together with its subsidiaries, owns and operates as a fully integrated shipowner and operator of modern, high-specification offshore service vessels for the global oil and gas service industry in the North Sea, the Caribbean, and internationally. The company also owns, operates, and charters out a fleet of offshore service vessels, including Platform Supply V… Read more