Eidesvik Offshore ASA
Eidesvik Offshore ASA provides services to the offshore supply, subsea, and offshore wind market in Norway. It operates through Supply, Subsea/Offshore Renewables, and Other segments. The company offers services to the offshore oil industry. It also provides shipping services for subsea work for the oil industry, as well as various services for the offshore renewable market. In addition, the comp… Read more
Eidesvik Offshore ASA (EIOF) - Total Assets
Latest total assets as of September 2025: Nkr2.99 Billion NOK
Based on the latest financial reports, Eidesvik Offshore ASA (EIOF) holds total assets worth Nkr2.99 Billion 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.
Eidesvik Offshore ASA - Total Assets Trend (2002–2024)
This chart illustrates how Eidesvik Offshore ASA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Eidesvik Offshore ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
Eidesvik Offshore ASA's total assets of Nkr2.99 Billion consist of 21.2% current assets and 78.8% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr324.44 Million | 11.1% |
| Accounts Receivable | Nkr17.45 Million | 0.6% |
| Inventory | Nkr4.07 Million | 0.1% |
| Property, Plant & Equipment | Nkr2.18 Billion | 74.2% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Eidesvik Offshore 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: Eidesvik Offshore ASA's current assets represent 21.2% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 11.1% of total assets in 2024, up from 2.7% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 3.0% in 2002.
- Asset Diversification: The largest asset category is property, plant & equipment at 74.2% of total assets.
Eidesvik Offshore ASA Competitors by Total Assets
Key competitors of Eidesvik Offshore ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Eidesvik Offshore 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 - Eidesvik Offshore ASA generates 0.26x 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, Eidesvik Offshore ASA generates $ 2.82 in net profit.
Eidesvik Offshore 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 | 1.33 | 2.00 | 2.51 |
| Quick Ratio | 1.33 | 2.00 | 2.46 |
| Cash Ratio | 0.71 | 1.24 | 0.00 |
| Working Capital | Nkr137.08 Million | Nkr 345.21 Million | Nkr 527.91 Million |
Eidesvik Offshore ASA - Advanced Valuation Insights
This section examines the relationship between Eidesvik Offshore 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 | 0.59 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 8.1% |
| Total Assets | Nkr2.94 Billion |
| Market Capitalization | $11.16 Million USD |
Valuation Analysis
Below Book Valuation: The market values Eidesvik Offshore ASA's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Eidesvik Offshore ASA's assets grew by 8.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Eidesvik Offshore ASA (2002–2024)
The table below shows the annual total assets of Eidesvik Offshore ASA from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr2.94 Billion | +8.15% |
| 2023-12-31 | Nkr2.72 Billion | +16.12% |
| 2022-12-31 | Nkr2.34 Billion | -14.96% |
| 2021-12-31 | Nkr2.75 Billion | -11.19% |
| 2020-12-31 | Nkr3.10 Billion | -7.83% |
| 2019-12-31 | Nkr3.36 Billion | -18.05% |
| 2018-12-31 | Nkr4.10 Billion | -4.58% |
| 2017-12-31 | Nkr4.30 Billion | -15.20% |
| 2016-12-31 | Nkr5.07 Billion | -16.51% |
| 2015-12-31 | Nkr6.07 Billion | +9.25% |
| 2014-12-31 | Nkr5.56 Billion | -2.53% |
| 2013-12-31 | Nkr5.70 Billion | +2.31% |
| 2012-12-31 | Nkr5.57 Billion | +9.22% |
| 2011-12-31 | Nkr5.10 Billion | +0.67% |
| 2010-12-31 | Nkr5.07 Billion | -3.79% |
| 2009-12-31 | Nkr5.27 Billion | +15.92% |
| 2008-12-31 | Nkr4.54 Billion | +6.33% |
| 2007-12-31 | Nkr4.27 Billion | +26.22% |
| 2006-12-31 | Nkr3.39 Billion | +10.33% |
| 2005-12-31 | Nkr3.07 Billion | +35.46% |
| 2004-12-31 | Nkr2.27 Billion | +24.11% |
| 2003-12-31 | Nkr1.83 Billion | +12.02% |
| 2002-12-31 | Nkr1.63 Billion | -- |