Norwegian Energy Co. ASA
BlueNord ASA, an oil and gas company, engages in the production and development of resources that support the energy transition towards net zero in Norway, Denmark, the Netherlands, and the United Kingdom. The company is involved in the exploration and oil and gas infrastructure activities. Its asset portfolio includes the Dan, Halfdan, Gorm, and Tyra hubs; and producing fields on the Danish cont… Read more
Norwegian Energy Co. ASA (0HTF) - Total Assets
Latest total assets as of September 2025: Nkr3.24 Billion NOK
Based on the latest financial reports, Norwegian Energy Co. ASA (0HTF) holds total assets worth Nkr3.24 Billion NOK 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.
Norwegian Energy Co. ASA - Total Assets Trend (2012–2024)
This chart illustrates how Norwegian Energy Co. ASA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Norwegian Energy Co. ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
Norwegian Energy Co. ASA's total assets of Nkr3.24 Billion consist of 14.9% current assets and 85.1% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 7.2% |
| Accounts Receivable | Nkr27.90 Million | 0.8% |
| Inventory | Nkr55.80 Million | 1.6% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr144.90 Million | 4.2% |
| Goodwill | Nkr2.10 Million | 0.1% |
Asset Composition Trend (2012–2024)
This chart illustrates how Norwegian Energy Co. ASA'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: Norwegian Energy Co. ASA's current assets represent 14.9% of total assets in 2024, a decrease from 31.7% in 2012.
- Cash Position: Cash and equivalents constituted 7.2% of total assets in 2024, down from 7.4% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 16.0% in 2012.
- Asset Diversification: The largest asset category is intangible assets at 4.2% of total assets.
Norwegian Energy Co. ASA Competitors by Total Assets
Key competitors of Norwegian Energy Co. ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Norwegian Energy Co. ASA - 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 - Norwegian Energy Co. ASA generates 0.20x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Norwegian Energy Co. ASA is currently not profitable relative to its asset base.
Norwegian Energy Co. ASA - 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 | 3.36 | 2.39 | 1.26 |
| Quick Ratio | 2.88 | 2.00 | 1.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr292.48 Million | Nkr 215.90 Million | Nkr 88.00 Million |
Norwegian Energy Co. ASA - Advanced Valuation Insights
This section examines the relationship between Norwegian Energy Co. ASA'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 | - |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 1.4% |
| Total Assets | Nkr3.46 Billion |
| Market Capitalization | $342.63 Million USD |
Valuation Analysis
Below Book Valuation: The market values Norwegian Energy Co. ASA's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Norwegian Energy Co. ASA's assets grew by 1.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Norwegian Energy Co. ASA (2012–2024)
The table below shows the annual total assets of Norwegian Energy Co. ASA from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr3.46 Billion | +1.43% |
| 2023-12-31 | Nkr3.41 Billion | +3.24% |
| 2022-12-31 | Nkr3.31 Billion | +6.98% |
| 2021-12-31 | Nkr3.09 Billion | +4.32% |
| 2020-12-31 | Nkr2.96 Billion | +0.92% |
| 2019-12-31 | Nkr2.94 Billion | +2248.00% |
| 2018-12-31 | Nkr125.00 Million | +11.68% |
| 2017-12-31 | Nkr111.93 Million | -40.33% |
| 2016-12-31 | Nkr187.59 Million | -27.08% |
| 2015-12-31 | Nkr257.24 Million | -47.04% |
| 2014-12-31 | Nkr485.74 Million | -52.45% |
| 2013-12-31 | Nkr1.02 Billion | -87.11% |
| 2012-12-31 | Nkr7.93 Billion | -- |