Elliptic Laboratories AS (ELABS) - Total Assets
Based on the latest financial reports, Elliptic Laboratories AS (ELABS) holds total assets worth Nkr221.66 Million NOK (≈ $23.33 Million USD) as of December 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 Elliptic Laboratories AS book value and equity for net asset value and shareholders' equity analysis.
Elliptic Laboratories AS - Total Assets Trend (2017–2025)
This chart illustrates how Elliptic Laboratories AS's total assets have evolved over time, based on quarterly financial data.
Elliptic Laboratories AS - Asset Composition Analysis
Current Asset Composition (December 2025)
Elliptic Laboratories AS's total assets of Nkr221.66 Million consist of 59.6% current assets and 40.4% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 17.0% |
| Accounts Receivable | Nkr81.00 Million | 36.5% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr71.45 Million | 32.2% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2017–2025)
This chart illustrates how Elliptic Laboratories AS'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 Elliptic Laboratories AS (ELABS) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Elliptic Laboratories AS's current assets represent 59.6% of total assets in 2025, an increase from 48.2% in 2017.
- Cash Position: Cash and equivalents constituted 17.0% of total assets in 2025, down from 37.9% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 32.0% of total assets, an increase from 3.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 36.5% of total assets.
Elliptic Laboratories AS Competitors by Total Assets
Key competitors of Elliptic Laboratories AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
StoneCo Ltd
F:0Q0
|
Germany | €58.60 Billion |
|
TIZA Information Industry Corporation Inc
SHE:300209
|
China | CN¥1.17 Billion |
|
Megaport Ltd
AU:MP1
|
Australia | AU$260.20 Million |
|
Inesa Intelligent Tech Inc B
SHG:900901
|
China | $7.86 Billion |
|
RAIZ Invest Ltd
AU:RZI
|
Australia | AU$50.57 Million |
|
Heeros Oyj
HE:HEEROS
|
Finland | €11.33 Million |
|
IXUP Ltd
AU:IXU
|
Australia | AU$7.22 Million |
|
Hank Payments Corp
V:HANK
|
Canada | CA$5.37 Million |
Elliptic Laboratories AS - 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 | 5.61 | 7.83 | 8.13 |
| Quick Ratio | 5.61 | 7.83 | 8.13 |
| Cash Ratio | 0.00 | 2.97 | 0.00 |
| Working Capital | Nkr108.62 Million | Nkr170.49 Million | Nkr95.60 Million |
Elliptic Laboratories AS - Advanced Valuation Insights
This section examines the relationship between Elliptic Laboratories AS'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 | 1.80 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | -38.6% |
| Total Assets | Nkr221.66 Million |
| Market Capitalization | $36.20 Million USD |
Valuation Analysis
Below Book Valuation: The market values Elliptic Laboratories AS's assets below their book value (0.16x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Elliptic Laboratories AS's assets decreased by 38.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Elliptic Laboratories AS (2017–2025)
The table below shows the annual total assets of Elliptic Laboratories AS from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr221.66 Million ≈ $23.33 Million |
-38.60% |
| 2024-12-31 | Nkr361.03 Million ≈ $37.99 Million |
+3.68% |
| 2023-12-31 | Nkr348.20 Million ≈ $36.64 Million |
-0.32% |
| 2022-12-31 | Nkr349.32 Million ≈ $36.76 Million |
-5.93% |
| 2021-12-31 | Nkr371.36 Million ≈ $39.08 Million |
+69.78% |
| 2020-12-31 | Nkr218.72 Million ≈ $23.02 Million |
+56.94% |
| 2019-12-31 | Nkr139.37 Million ≈ $14.67 Million |
+36.31% |
| 2018-12-31 | Nkr102.24 Million ≈ $10.76 Million |
+3.85% |
| 2017-12-31 | Nkr98.45 Million ≈ $10.36 Million |
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About Elliptic Laboratories AS
Elliptic Laboratories ASA, an artificial intelligence (AI) software company, engages in the provision of AI virtual smart sensors for the smartphone, laptop, Internet of Things, and automotive markets in Norway, the United States, China, South Korea, Taiwan, and Japan. The company offers AI Virtual Human Presence Sensor, a presence-detection solution used to improve the security of data stored on… Read more