DOF Group ASA
DOF Group ASA owns and operates a fleet of offshore and subsea vessels. The company operates through DOF Subsea Group, DOF Denmark, DOF Rederi & Iceman, Norskan Offshore, and Corporate segments. It operates a fleet of platform supply vessels (PSVs) that are used to transport freight to/from offshore platforms; anchor handling tug support (AHTS) vessels; Construction Support Vessels (CSV); Remote … Read more
DOF Group ASA (DOFG) - Total Assets
Latest total assets as of March 2025: Nkr3.76 Billion NOK
Based on the latest financial reports, DOF Group ASA (DOFG) holds total assets worth Nkr3.76 Billion NOK 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.
DOF Group ASA - Total Assets Trend (2020–2024)
This chart illustrates how DOF Group ASA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
DOF Group ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
DOF Group ASA's total assets of Nkr3.76 Billion consist of 25.9% current assets and 74.1% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr419.00 Million | 0.0% |
| Accounts Receivable | Nkr390.00 Million | 10.3% |
| Inventory | Nkr26.00 Million | 0.7% |
| Property, Plant & Equipment | Nkr2.24 Billion | 59.2% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr3.00 Million | 0.1% |
Asset Composition Trend (2020–2024)
This chart illustrates how DOF 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: DOF Group ASA's current assets represent 25.9% of total assets in 2024, an increase from 19.8% in 2020.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 8.4% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is property, plant & equipment at 59.2% of total assets.
DOF Group ASA Competitors by Total Assets
Key competitors of DOF Group ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Ecobeauty Co Ltd
SHE:000010
|
China | CN¥2.72 Billion |
|
Shenzhen Sed Industry Co Ltd
SHE:000032
|
China | CN¥67.22 Billion |
|
NORINCO International Cooperation Ltd
SHE:000065
|
China | CN¥25.28 Billion |
|
Shenzhen Tagen Group Co Ltd
SHE:000090
|
China | CN¥63.35 Billion |
|
Jinyuan Cement Co Ltd
SHE:000546
|
China | CN¥5.66 Billion |
|
Shandong Hi-Speed Road&Bridge
SHE:000498
|
China | CN¥173.93 Billion |
|
ChengDu Hi-Tech Development Co Ltd
SHE:000628
|
China | CN¥12.49 Billion |
|
Hyundai Engineering & Construction
KO:000720
|
Korea | ₩26.86 Trillion |
DOF 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
Lower asset utilization - DOF Group ASA generates 0.37x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, DOF Group ASA generates $ 4.71 in net profit.
DOF 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 | 1.56 | 1.87 | 0.00 |
| Quick Ratio | 1.56 | 1.87 | 0.00 |
| Cash Ratio | 0.60 | 0.00 | 0.12 |
| Working Capital | Nkr322.00 Million | Nkr 311.00 Million | Nkr -21.65 Billion |
DOF Group ASA - Advanced Valuation Insights
This section examines the relationship between DOF 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 | 1.24 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 41.1% |
| Total Assets | Nkr3.78 Billion |
| Market Capitalization | $56.05 Million USD |
Valuation Analysis
Below Book Valuation: The market values DOF Group ASA's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: DOF Group ASA's assets grew by 41.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for DOF Group ASA (2020–2024)
The table below shows the annual total assets of DOF Group ASA from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr3.78 Billion | +41.09% |
| 2023-12-31 | Nkr2.68 Billion | -87.98% |
| 2022-12-31 | Nkr22.30 Billion | +16.86% |
| 2021-12-31 | Nkr19.09 Billion | -0.94% |
| 2020-12-31 | Nkr19.27 Billion | -- |