Magnora ASA
Magnora ASA operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom. The company focuses on developing wind, solar photovoltaic (PV), and battery storage projects. It serves renewable energy operators, investment and oil companies, and global marine contractors. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA… Read more
Magnora ASA - Asset Resilience Ratio
Magnora ASA (MGN) has an Asset Resilience Ratio of 48.52% as of June 2025. 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2004–2024)
This chart shows how Magnora ASA's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Magnora ASA's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr223.40 Million | 43.96% |
| Short-term Investments | Nkr23.20 Million | 4.57% |
| Total Liquid Assets | Nkr246.60 Million | 48.52% |
Asset Resilience Insights
- Very High Liquidity: Magnora ASA maintains exceptional liquid asset reserves at 48.52% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Magnora ASA Industry Peers by Asset Resilience Ratio
Compare Magnora ASA's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040 |
Utilities - Renewable | 0.23% |
|
Tianjin Guangyu Development Co Ltd
SHE:000537 |
Utilities - Renewable | 0.03% |
|
CECEP Solar Energy Co Ltd
SHE:000591 |
Utilities - Renewable | 0.19% |
|
GEPIC Energy Development Co Ltd
SHE:000791 |
Utilities - Renewable | 0.00% |
|
Tieling Newcity Investment Holding Ltd
SHE:000809 |
Utilities - Renewable | 17.22% |
|
Hubei Energy Group Co Ltd
SHE:000883 |
Utilities - Renewable | 0.07% |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993 |
Utilities - Renewable | 3.80% |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258 |
Utilities - Renewable | 0.43% |
Annual Asset Resilience Ratio for Magnora ASA (2004–2024)
The table below shows the annual Asset Resilience Ratio data for Magnora ASA.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 3.46% | Nkr19.90 Million | Nkr575.30 Million | -0.74pp |
| 2023-12-31 | 4.20% | Nkr25.40 Million | Nkr604.60 Million | +0.00pp |
| 2022-12-31 | 4.20% | Nkr23.70 Million | Nkr564.20 Million | +3.73pp |
| 2021-12-31 | 0.47% | Nkr900.00K | Nkr192.70 Million | -51.43pp |
| 2020-12-31 | 51.89% | Nkr64.40 Million | Nkr124.10 Million | -10.65pp |
| 2019-12-31 | 62.54% | Nkr70.80 Million | Nkr113.20 Million | +61.75pp |
| 2018-12-31 | 0.80% | Nkr1.20 Million | Nkr150.20 Million | -2.23pp |
| 2017-12-31 | 3.03% | Nkr6.70 Million | Nkr221.20 Million | -55.19pp |
| 2016-12-31 | 58.22% | Nkr213.90 Million | Nkr367.39 Million | +98.55pp |
| 2014-12-31 | -40.33% | Nkr-434.19 Million | Nkr1.08 Billion | -2.55pp |
| 2013-12-31 | -37.78% | Nkr-378.88 Million | Nkr1.00 Billion | -- |
| 2010-12-31 | 0.00% | Nkr0.00 | Nkr15.21 Billion | -- |
| 2009-12-31 | 0.00% | Nkr0.00 | Nkr13.61 Billion | -- |
| 2006-12-31 | 61.03% | Nkr3.28 Billion | Nkr5.37 Billion | +2.57pp |
| 2005-12-31 | 58.46% | Nkr1.01 Billion | Nkr1.73 Billion | -4.76pp |
| 2004-12-31 | 63.22% | Nkr126.15 Million | Nkr199.55 Million | -- |