Norsk Solar AS
Norsk Renewables AS, an independent power producer, owns, develops, finances, builds, and operates solar power plants in Norway, Brazil, Vietnam, South Africa, Pakistan, and Ukraine. The company has proportionate ownership of 24 megawatts in 88 megawatts of solar power plants. It serves its products to utility and large corporate off-takers. The company was founded in 2017 and is headquartered in… Read more
Norsk Solar AS - Asset Resilience Ratio
Norsk Solar AS (NSOL) has an Asset Resilience Ratio of 19.66% 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2022)
This chart shows how Norsk Solar AS's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Norsk Solar AS'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 | Nkr25.54 Million | 19.66% |
| Short-term Investments | Nkr0.00 | 0% |
| Total Liquid Assets | Nkr25.54 Million | 19.66% |
Asset Resilience Insights
- Good Liquidity Position: Norsk Solar AS maintains a healthy 19.66% of assets in liquid form.
- This level provides good financial flexibility while maintaining productive asset deployment.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Norsk Solar AS Industry Peers by Asset Resilience Ratio
Compare Norsk Solar AS'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 Norsk Solar AS (2017–2022)
The table below shows the annual Asset Resilience Ratio data for Norsk Solar AS.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 25.02% | Nkr44.44 Million | Nkr177.59 Million | -15.31pp |
| 2021-12-31 | 40.33% | Nkr86.80 Million | Nkr215.22 Million | +14.98pp |
| 2020-12-31 | 25.35% | Nkr27.21 Million | Nkr107.32 Million | +8.57pp |
| 2019-12-31 | 16.78% | Nkr19.87 Million | Nkr118.43 Million | -35.86pp |
| 2018-12-31 | 52.64% | Nkr12.84 Million | Nkr24.40 Million | +35.21pp |
| 2017-12-31 | 17.43% | Nkr3.31 Million | Nkr18.99 Million | -- |