DOF Group ASA (DOFG) - Total Assets
Based on the latest financial reports, DOF Group ASA (DOFG) holds total assets worth Nkr3.76 Billion NOK (≈ $395.77 Million USD) 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. See DOF Group ASA net assets for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see DOFG market cap overview.
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 |
|---|---|---|
|
Tu Liem Urban Development JSC
VN:NTL
|
Vietnam | ₫1.89 Trillion |
|
Stantec Inc
TO:STN
|
Canada | CA$7.96 Billion |
|
Beijing Qianjing Landscape Co
SHG:603778
|
China | CN¥3.60 Billion |
|
Matrix Design Co. Ltd. A
SHE:301365
|
China | CN¥2.07 Billion |
|
Salfacorp
SN:SALFACORP
|
Chile | CL$1.58 Trillion |
|
Welspun Enterprises Limited
NSE:WELENT
|
India | Rs63.87 Billion |
|
Shape Australia Corporation Ltd
AU:SHA
|
Australia | AU$275.07 Million |
|
Hunan Investment Group Co Ltd
SHE:000548
|
China | CN¥2.43 Billion |
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 | Nkr311.00 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 | 0.93 |
| Asset Growth Rate (YoY) | 41.1% |
| Total Assets | Nkr3.78 Billion |
| Market Capitalization | $3.53 Billion USD |
Valuation Analysis
Near Book Valuation: The market values DOF Group ASA's assets close to their book value (0.93x), suggesting investors view the company's assets at approximately fair value.
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 ≈ $398.08 Million |
+41.09% |
| 2023-12-31 | Nkr2.68 Billion ≈ $282.15 Million |
-87.98% |
| 2022-12-31 | Nkr22.30 Billion ≈ $2.35 Billion |
+16.86% |
| 2021-12-31 | Nkr19.09 Billion ≈ $2.01 Billion |
-0.94% |
| 2020-12-31 | Nkr19.27 Billion ≈ $2.03 Billion |
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About 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