Akastor ASA (AKAST) - Total Assets
Based on the latest financial reports, Akastor ASA (AKAST) holds total assets worth Nkr6.21 Billion NOK (≈ $653.89 Million USD) 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. See net assets of Akastor ASA for net asset value and shareholders' equity analysis.
Akastor ASA - Total Assets Trend (2005–2024)
This chart illustrates how Akastor ASA's total assets have evolved over time, based on quarterly financial data.
Akastor ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
Akastor ASA's total assets of Nkr6.21 Billion consist of 12.5% current assets and 87.5% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr47.00 Million | 0.7% |
| Accounts Receivable | Nkr57.00 Million | 0.9% |
| Inventory | Nkr12.00 Million | 0.2% |
| Property, Plant & Equipment | Nkr399.00 Million | 6.0% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Akastor 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. For live market cap, price, and company overview, see Akastor ASA market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Akastor ASA's current assets represent 12.5% of total assets in 2024, a decrease from 72.4% in 2005.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, down from 25.7% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 17.0% in 2005.
- Asset Diversification: The largest asset category is property, plant & equipment at 6.0% of total assets.
Akastor ASA Competitors by Total Assets
Key competitors of Akastor ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Terravest Capital Inc
TO:TVK
|
Canada | CA$2.10 Billion |
|
Pulse Seismic Inc
TO:PSD
|
Canada | CA$22.80 Million |
|
Malaysia Marine and Heavy Engineering Holdings Bhd
KLSE:5186
|
Malaysia | RM3.13 Billion |
|
PBG SA
WAR:PBG
|
Poland | zł22.89 Million |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
|
Worley Ltd
AU:WOR
|
Australia | AU$10.85 Billion |
|
SRJ Technologies Group Plc
AU:SRJ
|
Australia | AU$10.99 Million |
|
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
VI:SBO
|
Austria | €879.42 Million |
Akastor 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 | 2.19 | 1.80 | 1.31 |
| Quick Ratio | 2.19 | 1.80 | 1.31 |
| Cash Ratio | 0.35 | 0.00 | 0.00 |
| Working Capital | Nkr302.00 Million | Nkr282.00 Million | Nkr962.00 Million |
Akastor ASA - Advanced Valuation Insights
This section examines the relationship between Akastor 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 | 0.54 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 10.8% |
| Total Assets | Nkr6.70 Billion |
| Market Capitalization | $447.42 Million USD |
Valuation Analysis
Below Book Valuation: The market values Akastor ASA's assets below their book value (0.07x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Akastor ASA's assets grew by 10.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Akastor ASA (2005–2024)
The table below shows the annual total assets of Akastor ASA from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr6.70 Billion ≈ $705.45 Million |
+10.85% |
| 2023-12-31 | Nkr6.05 Billion ≈ $636.42 Million |
-11.11% |
| 2022-12-31 | Nkr6.80 Billion ≈ $715.98 Million |
-5.66% |
| 2021-12-31 | Nkr7.21 Billion ≈ $758.91 Million |
-21.15% |
| 2020-12-31 | Nkr9.15 Billion ≈ $962.53 Million |
-13.53% |
| 2019-12-31 | Nkr10.58 Billion ≈ $1.11 Billion |
+17.48% |
| 2018-12-31 | Nkr9.00 Billion ≈ $947.48 Million |
-12.82% |
| 2017-12-31 | Nkr10.33 Billion ≈ $1.09 Billion |
-19.70% |
| 2016-12-31 | Nkr12.86 Billion ≈ $1.35 Billion |
-37.38% |
| 2015-12-31 | Nkr20.54 Billion ≈ $2.16 Billion |
-15.94% |
| 2014-12-31 | Nkr24.43 Billion ≈ $2.57 Billion |
-49.27% |
| 2013-12-31 | Nkr48.16 Billion ≈ $5.07 Billion |
+19.75% |
| 2012-12-31 | Nkr40.22 Billion ≈ $4.23 Billion |
+17.89% |
| 2011-12-31 | Nkr34.11 Billion ≈ $3.59 Billion |
-14.76% |
| 2010-12-31 | Nkr40.02 Billion ≈ $4.21 Billion |
+0.24% |
| 2009-12-31 | Nkr39.93 Billion ≈ $4.20 Billion |
-6.55% |
| 2008-12-31 | Nkr42.72 Billion ≈ $4.50 Billion |
+49.82% |
| 2007-12-31 | Nkr28.52 Billion ≈ $3.00 Billion |
-9.17% |
| 2006-12-31 | Nkr31.40 Billion ≈ $3.30 Billion |
+19.40% |
| 2005-12-31 | Nkr26.30 Billion ≈ $2.77 Billion |
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About Akastor ASA
Akastor ASA operates as an oilfield services investment company in Norway and internationally. It operates HMH, AKOFS Offshore, DDW Offshore, and Other holdings. The company offers vessel-based subsea well construction and intervention services to the oil and gas industry. Its HMH segments offer delivery capabilities, capital, renowned industry expertise and delivers the full range of offshore dr… Read more