BlueNord 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
BlueNord ASA (BNOR) - Total Assets
Latest total assets as of September 2025: Nkr32.22 Billion NOK
Based on the latest financial reports, BlueNord ASA (BNOR) holds total assets worth Nkr32.22 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.
BlueNord ASA - Total Assets Trend (2016–2024)
This chart illustrates how BlueNord ASA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
BlueNord ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
BlueNord ASA's total assets of Nkr32.22 Billion consist of 14.9% current assets and 85.1% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr250.60 Million | 7.2% |
| Accounts Receivable | Nkr29.50 Million | 0.9% |
| Inventory | Nkr55.80 Million | 1.6% |
| Property, Plant & Equipment | Nkr2.57 Billion | 74.4% |
| Intangible Assets | Nkr143.00 Million | 4.1% |
| Goodwill | Nkr2.10 Million | 0.1% |
Asset Composition Trend (2016–2024)
This chart illustrates how BlueNord 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: BlueNord ASA's current assets represent 14.9% of total assets in 2024, a decrease from 30.7% in 2016.
- Cash Position: Cash and equivalents constituted 7.2% of total assets in 2024, up from 5.5% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is property, plant & equipment at 74.4% of total assets.
BlueNord ASA Competitors by Total Assets
Key competitors of BlueNord ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
BlueNord 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 - BlueNord 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 - BlueNord ASA is currently not profitable relative to its asset base.
BlueNord 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 | 0.98 |
| Quick Ratio | 2.88 | 2.00 | 0.80 |
| Cash Ratio | 0.16 | 0.00 | 0.00 |
| Working Capital | Nkr2.91 Billion | Nkr 215.90 Million | Nkr -6.10 Million |
BlueNord ASA - Advanced Valuation Insights
This section examines the relationship between BlueNord 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 | 1.55 |
| Latest Market Cap to Assets Ratio | 0.24 |
| Asset Growth Rate (YoY) | 1.4% |
| Total Assets | Nkr3.46 Billion |
| Market Capitalization | $826.93 Million USD |
Valuation Analysis
Below Book Valuation: The market values BlueNord ASA's assets below their book value (0.24 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: BlueNord ASA's assets grew by 1.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for BlueNord ASA (2016–2024)
The table below shows the annual total assets of BlueNord ASA from 2016 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 | +5.62% |
| 2021-12-31 | Nkr3.13 Billion | +5.67% |
| 2020-12-31 | Nkr2.96 Billion | +0.92% |
| 2019-12-31 | Nkr2.94 Billion | +2248.00% |
| 2018-12-31 | Nkr125.00 Million | +11.69% |
| 2017-12-31 | Nkr111.92 Million | -40.28% |
| 2016-12-31 | Nkr187.40 Million | -- |