Solar Foods Oyj
Solar Foods Oyj operates as a food production company in Finland. The company offers Solein, a natural protein for food industry. Solar Foods Oyj was incorporated in 2017 and is based in Vantaa, Finland.
Solar Foods Oyj (H4N) - Total Assets
Latest total assets as of June 2025: €38.47 Million EUR
Based on the latest financial reports, Solar Foods Oyj (H4N) holds total assets worth €38.47 Million EUR as of June 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.
Solar Foods Oyj - Total Assets Trend (2021–2024)
This chart illustrates how Solar Foods Oyj’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Solar Foods Oyj - Asset Composition Analysis
Current Asset Composition (December 2024)
Solar Foods Oyj's total assets of €38.47 Million consist of 52.2% current assets and 47.8% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 28.7% |
| Accounts Receivable | €411.18 | 0.0% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €7.98 Million | 17.1% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Solar Foods Oyj'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: Solar Foods Oyj's current assets represent 52.2% of total assets in 2024, a decrease from 68.6% in 2021.
- Cash Position: Cash and equivalents constituted 28.7% of total assets in 2024, down from 41.7% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 17.0% of total assets, an increase from 13.0% in 2021.
- Asset Diversification: The largest asset category is intangible assets at 17.1% of total assets.
Solar Foods Oyj Competitors by Total Assets
Key competitors of Solar Foods Oyj based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Solar Foods Oyj - 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
Lower asset utilization - Solar Foods Oyj generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Solar Foods Oyj is currently not profitable relative to its asset base.
Solar Foods Oyj - 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 | 3.20 | 3.40 | - |
| Quick Ratio | 3.20 | 3.40 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | €13.20 Million | € 17.21 Million | - |
Solar Foods Oyj - Advanced Valuation Insights
This section examines the relationship between Solar Foods Oyj'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 | 6.37 |
| Latest Market Cap to Assets Ratio | 0.58 |
| Asset Growth Rate (YoY) | -12.5% |
| Total Assets | €46.68 Million |
| Market Capitalization | $26.98 Million USD |
Valuation Analysis
Below Book Valuation: The market values Solar Foods Oyj's assets below their book value (0.58 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Solar Foods Oyj's assets decreased by 12.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Solar Foods Oyj (2021–2024)
The table below shows the annual total assets of Solar Foods Oyj from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €46.68 Million | -12.52% |
| 2023-12-31 | €53.37 Million | +55.47% |
| 2022-12-31 | €34.33 Million | +14.18% |
| 2021-12-31 | €30.06 Million | -- |