Ennogie Solar Group A/S

CO:ESG Denmark Solar
Market Cap
$16.83 Million
Dkr122.26 Million DKK
Market Cap Rank
#28997 Global
#90 in Denmark
Share Price
Dkr3.90
Change (1 day)
-10.76%
52-Week Range
Dkr3.25 - Dkr7.44
All Time High
Dkr80.00
About

Ennogie Solar Group A/S develops, manufactures, and sells building-integrated solar roofs in Denmark, Germany, and internationally. It also engages in battery solutions and installation business. Ennogie Solar Group A/S was founded in 1951 and is headquartered in Herning, Denmark.

Ennogie Solar Group A/S (ESG) - Total Assets

Latest total assets as of September 2025: Dkr54.33 Million DKK

Based on the latest financial reports, Ennogie Solar Group A/S (ESG) holds total assets worth Dkr54.33 Million DKK as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Ennogie Solar Group A/S - Total Assets Trend (2008–2024)

This chart illustrates how Ennogie Solar Group A/S’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Ennogie Solar Group A/S - Asset Composition Analysis

Current Asset Composition (December 2024)

Ennogie Solar Group A/S's total assets of Dkr54.33 Million consist of 60.1% current assets and 39.9% non-current assets.

Asset Category Amount (DKK) % of Total Assets
Cash & Equivalents Dkr0.00 4.1%
Accounts Receivable Dkr14.63 Million 27.8%
Inventory Dkr13.77 Million 26.2%
Property, Plant & Equipment Dkr0.00 0.0%
Intangible Assets Dkr16.79 Million 31.9%
Goodwill Dkr0.00 0.0%

Asset Composition Trend (2008–2024)

This chart illustrates how Ennogie Solar Group A/S's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Ennogie Solar Group A/S's current assets represent 60.1% of total assets in 2024, an increase from 1.6% in 2008.
  • Cash Position: Cash and equivalents constituted 4.1% of total assets in 2024, up from 0.6% in 2008.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 31.0% of total assets, an increase from 0.0% in 2008.
  • Asset Diversification: The largest asset category is intangible assets at 31.9% of total assets.

Ennogie Solar Group A/S Competitors by Total Assets

Key competitors of Ennogie Solar Group A/S based on total assets are shown below.

Company Country Total Assets
Shenzhen Topraysolar Co Ltd
SHE:002218
China CN¥6.66 Billion
JA Solar Technology Co Ltd
SHE:002459
China CN¥105.38 Billion
GCL System Integration Technology Co Ltd
SHE:002506
China CN¥19.27 Billion
Changzhou Almaden Co Ltd
SHE:002623
China CN¥5.75 Billion
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
China CN¥18.01 Billion
Hanwha Solutions
KO:009830
Korea ₩32.26 Trillion
Hanwha Chemical Corp Pref
KO:009835
Korea ₩32.26 Trillion
Trive Property Group Bhd
KLSE:0118
Malaysia RM126.77 Million

Ennogie Solar Group A/S - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.02 - 2.53

Strong asset utilization - Ennogie Solar Group A/S generates 0.88x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -72.04% - 29.01%

Negative ROA - Ennogie Solar Group A/S is currently not profitable relative to its asset base.

Ennogie Solar Group A/S - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 0.91 1.43 54.99
Quick Ratio 0.40 0.68 54.99
Cash Ratio 0.00 0.00 0.00
Working Capital Dkr-3.46 Million Dkr 10.72 Million Dkr 26.08 Million

Ennogie Solar Group A/S - Advanced Valuation Insights

This section examines the relationship between Ennogie Solar Group A/S's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 31.24
Latest Market Cap to Assets Ratio 0.17
Asset Growth Rate (YoY) -28.2%
Total Assets Dkr52.56 Million
Market Capitalization $8.99 Million USD

Valuation Analysis

Below Book Valuation: The market values Ennogie Solar Group A/S's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Ennogie Solar Group A/S's assets decreased by 28.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Ennogie Solar Group A/S (2008–2024)

The table below shows the annual total assets of Ennogie Solar Group A/S from 2008 to 2024.

Year Total Assets Change
2024-12-31 Dkr52.56 Million -28.18%
2023-12-31 Dkr73.19 Million +27.82%
2022-12-31 Dkr57.26 Million +43.88%
2021-12-31 Dkr39.80 Million +42.93%
2020-12-31 Dkr27.84 Million -27.07%
2019-12-31 Dkr38.18 Million -76.39%
2018-12-31 Dkr161.69 Million -52.83%
2017-12-31 Dkr342.76 Million -3.53%
2016-12-31 Dkr355.30 Million -13.96%
2015-12-31 Dkr412.94 Million +35.30%
2014-12-31 Dkr305.21 Million -24.43%
2013-12-31 Dkr403.87 Million +28.74%
2012-12-31 Dkr313.70 Million +0.08%
2011-12-31 Dkr313.44 Million -37.93%
2010-12-31 Dkr504.95 Million +5.52%
2009-12-31 Dkr478.54 Million +54.25%
2008-12-31 Dkr310.25 Million --