Aega ASA
Aega ASA, an energy company, focuses on solar power and renewable energy businesses in Europe. As of April 29, 2024, it owned and operated nine solar parks located in Italy, with a combined production capacity of approximately 11.8 GWh per year. The company was formerly known as Nordic Financials ASA and changed its name to Aega ASA in January 2016. Aega ASA was incorporated in 2011 and is headqu… Read more
Aega ASA (AEGA) - Total Assets
Latest total assets as of December 2024: Nkr465.61K NOK
Based on the latest financial reports, Aega ASA (AEGA) holds total assets worth Nkr465.61K NOK as of December 2024.
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.
Aega ASA - Total Assets Trend (2016–2024)
This chart illustrates how Aega ASA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Aega ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
Aega ASA's total assets of Nkr465.61K consist of 80.1% current assets and 19.9% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 11.9% |
| Accounts Receivable | Nkr0.00 | 0.0% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Aega 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: Aega ASA's current assets represent 80.1% of total assets in 2024, an increase from 15.0% in 2016.
- Cash Position: Cash and equivalents constituted 11.9% of total assets in 2024, up from 3.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Aega ASA Competitors by Total Assets
Key competitors of Aega ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
China | CN¥16.78 Billion |
Aega 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 - Aega ASA 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 - Aega ASA is currently not profitable relative to its asset base.
Aega 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 | 1.02 | 2.08 | 6.77 |
| Quick Ratio | 1.02 | 2.08 | 6.77 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr7.45K | Nkr 2.43 Million | Nkr 3.34 Million |
Aega ASA - Advanced Valuation Insights
This section examines the relationship between Aega 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 | 119.43 |
| Latest Market Cap to Assets Ratio | 0.87 |
| Asset Growth Rate (YoY) | -97.7% |
| Total Assets | Nkr465.61K |
| Market Capitalization | $402.90K USD |
Valuation Analysis
Near Book Valuation: The market values Aega ASA's assets close to their book value ( 0.87x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Aega ASA's assets decreased by 97.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Aega ASA (2016–2024)
The table below shows the annual total assets of Aega ASA from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr465.61K | -97.74% |
| 2023-12-31 | Nkr20.62 Million | -14.84% |
| 2022-12-31 | Nkr24.21 Million | +22.08% |
| 2021-12-31 | Nkr19.83 Million | +74.90% |
| 2020-12-31 | Nkr11.34 Million | -2.88% |
| 2019-12-31 | Nkr11.67 Million | -46.37% |
| 2018-12-31 | Nkr21.77 Million | +7.19% |
| 2017-12-31 | Nkr20.31 Million | +8.86% |
| 2016-12-31 | Nkr18.66 Million | -- |