Elliptic Laboratories AS (ELABS) - Total Assets
Based on the latest financial reports, Elliptic Laboratories AS (ELABS) holds total assets worth Nkr254.49 Million NOK (≈ $26.78 Million USD) as of March 2026. 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.
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. Also see Elliptic Laboratories AS market capitalisation for the company's overall valuation and market capitalisation.
Elliptic Laboratories AS - Asset Composition Analysis
Current Asset Composition (December 2025)
Elliptic Laboratories AS's total assets of Nkr254.49 Million consist of 59.6% current assets and 40.4% non-current assets. Review total liabilities of Elliptic Laboratories AS to assess the company's total debt and financial obligations.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr43.06 Million | 17.0% |
| Accounts Receivable | Nkr81.00 Million | 36.5% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr12.41 Million | 5.6% |
| 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. See today's stock price for Elliptic Laboratories AS for real-time trading data and today's change.
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 |
|---|---|---|
|
Adyen NV
AS:ADYEN
|
Netherlands | €12.26 Billion |
|
Beijing Sinnet Technology Co Ltd
SHE:300383
|
China | CN¥21.45 Billion |
|
OVH Groupe SAS
PA:OVH
|
France | €1.75 Billion |
|
Digiwin Software Co Ltd
SHE:300378
|
China | CN¥3.62 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.01 Billion |
|
Cafe24 Corp
KQ:042000
|
Korea | ₩402.43 Billion |
|
Decidr Ai Industries Ltd
AU:DAI
|
Australia | AU$119.43 Million |
|
Exasol AG
XETRA:EXL
|
Germany | €22.67 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 | 6.68 | 7.27 | 8.57 |
| Quick Ratio | 6.68 | 7.27 | 8.57 |
| Cash Ratio | 0.00 | 3.06 | 6.67 |
| Working Capital | Nkr140.95 Million | Nkr154.52 Million | Nkr88.20 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 | 1.61 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | -38.6% |
| Total Assets | Nkr221.66 Million |
| Market Capitalization | $49.72 Million USD |
Valuation Analysis
Below Book Valuation: The market values Elliptic Laboratories AS's assets below their book value (0.22x), 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 |
-- |
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