Fjord Defence Group ASA

OL:DFENS Norway Aerospace & Defense
Market Cap
$74.17 Million
Nkr845.10 Million NOK
Market Cap Rank
#23747 Global
#124 in Norway
Share Price
Nkr15.15
Change (1 day)
+0.80%
52-Week Range
Nkr1.17 - Nkr16.88
All Time High
Nkr16.88
About

Fjord Defence Group ASA, a defence compounder, acquires and develops companies in the defence, security, and related segments. The company operates through the Defence and Seismic segments. It operates in Norway, Sweden, Denmark, Finland, Estonia, Latvia, Lituania, the United Kingdom, Germany, France, Poland, the rest of Europe, and the United States. The company was formerly known as Aquila Hold… Read more

Fjord Defence Group ASA (DFENS) - Total Assets

Latest total assets as of September 2025: Nkr595.19 Million NOK

Based on the latest financial reports, Fjord Defence Group ASA (DFENS) holds total assets worth Nkr595.19 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.

Fjord Defence Group ASA - Total Assets Trend (2021–2024)

This chart illustrates how Fjord Defence Group ASA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Fjord Defence Group ASA - Asset Composition Analysis

Current Asset Composition (December 2024)

Fjord Defence Group ASA's total assets of Nkr595.19 Million consist of 3.9% current assets and 96.1% non-current assets.

Asset Category Amount (NOK) % of Total Assets
Cash & Equivalents Nkr10.58 Million 4.0%
Accounts Receivable Nkr0.00 0.0%
Inventory Nkr0.00 0.0%
Property, Plant & Equipment Nkr0.00 0.0%
Intangible Assets Nkr221.07 Million 76.6%
Goodwill Nkr0.00 0.0%

Asset Composition Trend (2021–2024)

This chart illustrates how Fjord Defence Group 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: Fjord Defence Group ASA's current assets represent 3.9% of total assets in 2024, a decrease from 7.7% in 2021.
  • Cash Position: Cash and equivalents constituted 4.0% of total assets in 2024, down from 7.2% in 2021.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 76.0% of total assets, an increase from 52.0% in 2021.
  • Asset Diversification: The largest asset category is intangible assets at 76.6% of total assets.

Fjord Defence Group ASA Competitors by Total Assets

Key competitors of Fjord Defence Group ASA based on total assets are shown below.

Fjord Defence Group 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

Historical Range: 0.14 - 0.29

Lower asset utilization - Fjord Defence Group ASA generates 0.14x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -37.28% - 25.44%

Negative ROA - Fjord Defence Group ASA is currently not profitable relative to its asset base.

Fjord Defence Group 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 1.64 0.55 0.55
Quick Ratio 1.33 0.55 0.55
Cash Ratio 0.95 0.00 0.00
Working Capital Nkr42.78 Million Nkr -28.90 Million Nkr -28.90 Million

Fjord Defence Group ASA - Advanced Valuation Insights

This section examines the relationship between Fjord Defence Group 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 1.90
Latest Market Cap to Assets Ratio 0.10
Asset Growth Rate (YoY) -34.5%
Total Assets Nkr288.68 Million
Market Capitalization $29.21 Million USD

Valuation Analysis

Below Book Valuation: The market values Fjord Defence Group ASA's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Fjord Defence Group ASA's assets decreased by 34.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Fjord Defence Group ASA (2021–2024)

The table below shows the annual total assets of Fjord Defence Group ASA from 2021 to 2024.

Year Total Assets Change
2024-12-31 Nkr288.68 Million -34.45%
2023-12-31 Nkr440.40 Million -16.85%
2022-12-31 Nkr529.68 Million +9.62%
2021-12-31 Nkr483.18 Million --