Argeo AS (ARGEO) - Total Assets
Based on the latest financial reports, Argeo AS (ARGEO) holds total assets worth Nkr99.22 Million NOK (≈ $10.44 Million USD) as of March 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.
Argeo AS - Total Assets Trend (2018–2024)
This chart illustrates how Argeo AS's total assets have evolved over time, based on quarterly financial data. Also see Argeo AS market cap and net worth for the company's overall valuation and market capitalisation.
Argeo AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Argeo AS's total assets of Nkr99.22 Million consist of 21.2% current assets and 78.8% non-current assets. Review debt load of Argeo AS to assess the company's total debt and financial obligations.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr827.00K | 0.8% |
| Accounts Receivable | Nkr6.88 Million | 7.0% |
| Inventory | Nkr1.19 Million | 1.2% |
| Property, Plant & Equipment | Nkr69.02 Million | 69.7% |
| Intangible Assets | Nkr4.91 Million | 5.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how Argeo AS'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 Argeo AS (ARGEO) stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Argeo AS's current assets represent 21.2% of total assets in 2024, an increase from 7.9% in 2018.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2024, down from 7.8% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2018.
- Asset Diversification: The largest asset category is property, plant & equipment at 69.7% of total assets.
Argeo AS Competitors by Total Assets
Key competitors of Argeo AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Oilfield Services Ltd Class A
SHG:601808
|
China | CN¥84.17 Billion |
|
Calfrac Well Services Ltd.
TO:CFW
|
Canada | CA$1.05 Billion |
|
Keyfield International Berhad
KLSE:5321
|
Malaysia | RM1.18 Billion |
|
NorAm Drilling AS
F:TM9
|
Germany | €76.28 Million |
|
S.D. STANDARD ETC DL-03
F:S1P
|
Germany | €121.10 Million |
|
NXT Energy Solutions Inc
TO:SFD
|
Canada | CA$17.07 Million |
|
Ginting Jaya Energi
JK:WOWS
|
Indonesia | Rp647.65 Billion |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
Argeo AS - 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 | 0.75 | 0.59 | 0.83 |
| Quick Ratio | 0.75 | 0.59 | 0.83 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr-5.81 Million | Nkr-9.22 Million | Nkr-2.58 Million |
Argeo AS - Advanced Valuation Insights
This section examines the relationship between Argeo AS'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 | 0.07 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 44.6% |
| Total Assets | Nkr99.01 Million |
| Market Capitalization | $2.98 Million USD |
Valuation Analysis
Below Book Valuation: The market values Argeo AS's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Argeo AS's assets grew by 44.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Argeo AS (2018–2024)
The table below shows the annual total assets of Argeo AS from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr99.01 Million ≈ $10.42 Million |
+44.60% |
| 2023-12-31 | Nkr68.48 Million ≈ $7.21 Million |
-80.20% |
| 2022-12-31 | Nkr345.78 Million ≈ $36.39 Million |
+106.63% |
| 2021-12-31 | Nkr167.34 Million ≈ $17.61 Million |
+498.46% |
| 2020-12-31 | Nkr27.96 Million ≈ $2.94 Million |
+389.09% |
| 2019-12-31 | Nkr5.72 Million ≈ $601.61K |
+0.41% |
| 2018-12-31 | Nkr5.69 Million ≈ $599.16K |
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About Argeo AS
Argeo ASA provides technical solutions and services to the surveying and inspection industry across Norway, Africa, Asia, North and South America, and Europe. The company offers a range of services, including geophysical, hydrographical, route, environmental, ultra-high-resolution photo, and shallow-water USV survey services. It also provides inspection services, such as pipeline inspection, cath… Read more