Nordic Financials ASA

OL:NOFIN Norway Utilities - Renewable
Market Cap
$1.59K
Nkr18.10K NOK
Market Cap Rank
#47507 Global
#244 in Norway
Share Price
Nkr1.95
Change (1 day)
+2.37%
52-Week Range
Nkr0.01 - Nkr2.08
All Time High
Nkr2.08
About

Nordic Financials ASA does not have significant operations. Previously, it was engaged in the solar power and renewable energy businesses. The company was formerly known as Aega ASA. Nordic Financials ASA was incorporated in 2011 and is headquartered in Oslo, Norway.

Nordic Financials ASA - Asset Resilience Ratio

Latest as of March 2025: 3.08%

Nordic Financials ASA (NOFIN) has an Asset Resilience Ratio of 3.08% as of March 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
Nkr160.00K
Cash + Short-term Investments
Total Assets
Nkr5.19 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2022–2024)

This chart shows how Nordic Financials 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 Nordic Financials 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 Nkr160.00K 3.08%
Short-term Investments Nkr0.00 0%
Total Liquid Assets Nkr160.00K 3.08%

Asset Resilience Insights

  • Limited Liquidity: Nordic Financials ASA maintains only 3.08% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Nordic Financials ASA Industry Peers by Asset Resilience Ratio

Compare Nordic Financials 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 Nordic Financials ASA (2022–2024)

The table below shows the annual Asset Resilience Ratio data for Nordic Financials ASA.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 11.94% Nkr639.85K Nkr5.36 Million +2.31pp
2023-12-31 9.63% Nkr22.85 Million Nkr237.23 Million -0.83pp
2022-12-31 10.47% Nkr29.16 Million Nkr278.58 Million --
pp = percentage points