Gofore Oyj (GOFORE) - Total Assets
Based on the latest financial reports, Gofore Oyj (GOFORE) holds total assets worth €213.59 Million EUR (≈ $249.71 Million USD) 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.
Gofore Oyj - Total Assets Trend (2014–2024)
This chart illustrates how Gofore Oyj's total assets have evolved over time, based on quarterly financial data. Also see GOFORE company net worth for the company's overall valuation and market capitalisation.
Gofore Oyj - Asset Composition Analysis
Current Asset Composition (December 2024)
Gofore Oyj's total assets of €213.59 Million consist of 51.0% current assets and 49.0% non-current assets. Review GOFORE current and long-term liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €56.84 Million | 33.1% |
| Accounts Receivable | €24.48 Million | 14.3% |
| Inventory | €634.00K | 0.4% |
| Property, Plant & Equipment | €16.11 Million | 9.4% |
| Intangible Assets | €17.66 Million | 10.3% |
| Goodwill | €49.05 Million | 28.6% |
Asset Composition Trend (2014–2024)
This chart illustrates how Gofore 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. See current stock price of Gofore Oyj for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Gofore Oyj's current assets represent 51.0% of total assets in 2024, a decrease from 95.6% in 2014.
- Cash Position: Cash and equivalents constituted 33.1% of total assets in 2024, down from 47.8% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 38.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is cash and equivalents at 33.1% of total assets.
Gofore Oyj Competitors by Total Assets
Key competitors of Gofore Oyj based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
HCL Technologies Limited
NSE:HCLTECH
|
India | Rs1.12 Trillion |
|
Fidelity National Information Services Inc
NYSE:FIS
|
USA | $33.04 Billion |
|
Wavestone S.A.
PA:WAVE
|
France | €934.48 Million |
|
Asiainfo Security Technologies Corp. A
SHG:688225
|
China | CN¥11.18 Billion |
|
DATAGROUP SE
F:D6H
|
Germany | €537.33 Million |
|
Zhongtong Guomai Communication
SHG:603559
|
China | CN¥1.31 Billion |
|
ArcSoft Corp Ltd
SHG:688088
|
China | CN¥3.03 Billion |
|
Econocom Group SA/NV
BR:ECONB
|
Belgium | €2.38 Billion |
Gofore 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 | 1.20 | 1.80 | 1.32 |
| Quick Ratio | 1.19 | 1.78 | 1.34 |
| Cash Ratio | 0.44 | 1.02 | 0.00 |
| Working Capital | €12.59 Million | €36.55 Million | €8.92 Million |
Gofore Oyj - Advanced Valuation Insights
This section examines the relationship between Gofore 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 | 1.72 |
| Latest Market Cap to Assets Ratio | 1.05 |
| Asset Growth Rate (YoY) | 2.8% |
| Total Assets | €171.72 Million |
| Market Capitalization | $181.01 Million USD |
Valuation Analysis
Above Book Valuation: The market values Gofore Oyj's assets above their book value (1.05x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Gofore Oyj's assets grew by 2.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Gofore Oyj (2014–2024)
The table below shows the annual total assets of Gofore Oyj from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €171.72 Million ≈ $200.75 Million |
+2.77% |
| 2023-12-31 | €167.09 Million ≈ $195.34 Million |
+12.57% |
| 2022-12-31 | €148.43 Million ≈ $173.53 Million |
+45.66% |
| 2021-12-31 | €101.90 Million ≈ $119.13 Million |
+30.03% |
| 2020-12-31 | €78.36 Million ≈ $91.61 Million |
+55.38% |
| 2019-12-31 | €50.43 Million ≈ $58.96 Million |
+46.08% |
| 2018-12-31 | €34.52 Million ≈ $40.36 Million |
+17.88% |
| 2017-12-31 | €29.29 Million ≈ $34.24 Million |
+282.56% |
| 2016-12-31 | €7.66 Million ≈ $8.95 Million |
+48.45% |
| 2015-12-31 | €5.16 Million ≈ $6.03 Million |
+28.86% |
| 2014-12-31 | €4.00 Million ≈ $4.68 Million |
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About Gofore Oyj
Gofore Oyj provides digital transformation consultancy services for private and public sectors in Finland and internationally. It engages in the management of digital change, service design, and software development and testing; and provision of cloud services utilization consulting and cloud capacity services. The company was incorporated in 2001 and is headquartered in Tampere, Finland.