Cadeler As (CADLR) - Total Assets
Based on the latest financial reports, Cadeler As (CADLR) holds total assets worth Nkr3.06 Billion NOK (≈ $321.59 Million USD) 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.
Cadeler As - Total Assets Trend (2016–2024)
This chart illustrates how Cadeler As's total assets have evolved over time, based on quarterly financial data. Also see Cadeler As (CADLR) total market value for the company's overall valuation and market capitalisation.
Cadeler As - Asset Composition Analysis
Current Asset Composition (December 2024)
Cadeler As's total assets of Nkr3.06 Billion consist of 9.7% current assets and 90.3% non-current assets. Review Cadeler As (CADLR) total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr51.46 Million | 3.0% |
| Accounts Receivable | Nkr100.59 Million | 5.2% |
| Inventory | Nkr1.04 Million | 0.1% |
| Property, Plant & Equipment | Nkr1.72 Billion | 88.9% |
| Intangible Assets | Nkr427.00K | 0.0% |
| Goodwill | Nkr17.76 Million | 0.9% |
Asset Composition Trend (2016–2024)
This chart illustrates how Cadeler 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 Cadeler As stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Cadeler As's current assets represent 9.7% of total assets in 2024, a decrease from 99.5% in 2016.
- Cash Position: Cash and equivalents constituted 3.0% of total assets in 2024, up from 0.0% 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 property, plant & equipment at 88.9% of total assets.
Cadeler As Competitors by Total Assets
Key competitors of Cadeler As based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Il Sung Const
KO:013360
|
Korea | ₩408.80 Billion |
|
Veidekke ASA
OL:VEI
|
Norway | Nkr19.65 Billion |
|
Shanghai Luoman Lighting Technologies Inc.
SHG:605289
|
China | CN¥3.07 Billion |
|
Norconsult ASA
OL:NORCO
|
Norway | Nkr7.26 Billion |
|
Kerjaya Prospek Group Bhd
KLSE:7161
|
Malaysia | RM2.12 Billion |
|
Cendes Co Ltd Class A
SHE:300492
|
China | CN¥2.08 Billion |
|
SGC Energy Co Ltd
KO:005090
|
Korea | ₩3.37 Trillion |
|
M Grass Ecology and Environment Group Co Ltd
SHE:300355
|
China | CN¥14.86 Billion |
Cadeler 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 | 1.07 | 1.82 | 3.26 |
| Quick Ratio | 1.06 | 1.81 | 3.25 |
| Cash Ratio | 0.59 | 0.90 | 2.48 |
| Working Capital | Nkr24.27 Million | Nkr83.75 Million | Nkr57.91 Million |
Cadeler As - Advanced Valuation Insights
This section examines the relationship between Cadeler 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 | 1.35 |
| Latest Market Cap to Assets Ratio | 1.10 |
| Asset Growth Rate (YoY) | 54.6% |
| Total Assets | Nkr1.94 Billion |
| Market Capitalization | $2.13 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Cadeler As's assets above their book value (1.10x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Cadeler As's assets grew by 54.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Cadeler As (2016–2024)
The table below shows the annual total assets of Cadeler As from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr1.94 Billion ≈ $203.83 Million |
+54.64% |
| 2023-12-31 | Nkr1.25 Billion ≈ $131.81 Million |
+86.94% |
| 2022-12-31 | Nkr670.03 Million ≈ $70.51 Million |
+57.74% |
| 2021-12-31 | Nkr424.77 Million ≈ $44.70 Million |
+26.11% |
| 2020-12-31 | Nkr336.81 Million ≈ $35.44 Million |
+25.66% |
| 2019-12-31 | Nkr268.03 Million ≈ $28.20 Million |
+98.77% |
| 2018-12-31 | Nkr134.84 Million ≈ $14.19 Million |
-9.94% |
| 2017-12-31 | Nkr149.73 Million ≈ $15.76 Million |
+408.54% |
| 2016-12-31 | Nkr29.44 Million ≈ $3.10 Million |
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About Cadeler As
Cadeler A/S, together with its subsidiaries, engages in offshore wind farm installation, operations, and maintenance services in Denmark. The company engages in the transportation, installation, and maintenance of offshore wind turbine generators and platform topsides/substations; maintenance of offshore structures and platforms; offshore construction, decommissioning, accommodation, and crane su… Read more