Cavendish Hydrogen ASA
Cavendish Hydrogen ASA, a hydrogen fueling company, engages in development, production, marketing, sale, installation, commissioning, and service of equipment for fueling hydrogen to on-road vehicles in Denmark, the United States, South Korea, and Austria. The company's product includes the H2Station, which consists of various types of hydrogen fueling stations that provide fuel for fuel cell ele… Read more
Cavendish Hydrogen ASA (CAVEN) - Total Assets
Latest total assets as of September 2025: Nkr67.10 Million NOK
Based on the latest financial reports, Cavendish Hydrogen ASA (CAVEN) holds total assets worth Nkr67.10 Million 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.
Cavendish Hydrogen ASA - Total Assets Trend (2020–2024)
This chart illustrates how Cavendish Hydrogen ASA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Cavendish Hydrogen ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
Cavendish Hydrogen ASA's total assets of Nkr67.10 Million consist of 74.5% current assets and 25.5% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr41.78 Million | 43.9% |
| Accounts Receivable | Nkr6.20 Million | 6.5% |
| Inventory | Nkr18.80 Million | 19.7% |
| Property, Plant & Equipment | Nkr11.39 Million | 12.0% |
| Intangible Assets | Nkr12.61 Million | 13.2% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Cavendish Hydrogen 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: Cavendish Hydrogen ASA's current assets represent 74.5% of total assets in 2024, an increase from 36.1% in 2020.
- Cash Position: Cash and equivalents constituted 43.9% of total assets in 2024, up from 4.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, a decrease from 46.0% in 2020.
- Asset Diversification: The largest asset category is cash and equivalents at 43.9% of total assets.
Cavendish Hydrogen ASA Competitors by Total Assets
Key competitors of Cavendish Hydrogen ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Delong Composite Energy Group Co Ltd
SHE:000593
|
China | CN¥1.92 Billion |
|
Shaanxi Meineng Clean Energy Corp. Ltd. A
SHE:001299
|
China | CN¥1.61 Billion |
|
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
|
China | CN¥1.58 Billion |
|
Foran Energy Group Co Ltd
SHE:002911
|
China | CN¥21.05 Billion |
|
Samchully
KO:004690
|
Korea | ₩4.23 Trillion |
|
Taekyung Chem
KO:006890
|
Korea | ₩222.46 Billion |
|
Kyungdong Gas
KO:012320
|
Korea | ₩598.73 Billion |
|
Yesco Holdings Co. Ltd
KO:015360
|
Korea | ₩1.34 Trillion |
Cavendish Hydrogen 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 - Cavendish Hydrogen ASA generates 0.33x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Cavendish Hydrogen ASA is currently not profitable relative to its asset base.
Cavendish Hydrogen 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 | 4.96 | 3.75 | 1.57 |
| Quick Ratio | 3.44 | 2.78 | 0.67 |
| Cash Ratio | 2.59 | 2.24 | 0.00 |
| Working Capital | Nkr35.60 Million | Nkr 57.00 Million | Nkr 17.62 Million |
Cavendish Hydrogen ASA - Advanced Valuation Insights
This section examines the relationship between Cavendish Hydrogen 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 | 0.38 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 36.3% |
| Total Assets | Nkr95.30 Million |
| Market Capitalization | $7.02 Million USD |
Valuation Analysis
Below Book Valuation: The market values Cavendish Hydrogen ASA's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Cavendish Hydrogen ASA's assets grew by 36.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Cavendish Hydrogen ASA (2020–2024)
The table below shows the annual total assets of Cavendish Hydrogen ASA from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr95.30 Million | +36.35% |
| 2023-12-31 | Nkr69.89 Million | -15.04% |
| 2022-12-31 | Nkr82.27 Million | -15.70% |
| 2021-12-31 | Nkr97.59 Million | +19.96% |
| 2020-12-31 | Nkr81.35 Million | -- |