Equinor ASA Total Assets
Equinor ASA total assets. Based on the latest financial reports, Equinor ASA (EQNR) holds total assets worth Nkr131.73 Billion NOK (≈ $13.86 Billion 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. Also see market value of Equinor ASA for the company's overall valuation and market capitalisation.
Total Assets of Equinor ASA (1998–2024)
Total assets of Equinor ASA from 1998 to 2024. This chart illustrates how Equinor ASA's total assets have evolved over time, based on quarterly financial data. See Equinor ASA share price for real-time trading data and today's change.
Equinor ASA - Asset Composition Analysis
Equinor ASA Total Assets Breakdown (December 2024)
Equinor ASA total assets breakdown as of December 2024. Equinor ASA's total assets of Nkr131.73 Billion consist of 40.6% current assets and 59.4% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr2.38 Billion | 4.5% |
| Accounts Receivable | Nkr12.73 Billion | 9.7% |
| Inventory | Nkr4.03 Billion | 3.1% |
| Property, Plant & Equipment | Nkr55.56 Billion | 42.4% |
| Intangible Assets | Nkr3.06 Billion | 2.3% |
| Goodwill | Nkr1.44 Billion | 1.1% |
Asset Composition Trend (1998–2024)
This chart illustrates how Equinor 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. Explore Equinor ASA (EQNR) working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Equinor ASA's current assets represent 40.6% of total assets in 2024, an increase from 22.8% in 1998.
- Cash Position: Cash and equivalents constituted 4.5% of total assets in 2024, up from 0.0% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 1998.
- Asset Diversification: The largest asset category is property, plant & equipment at 42.4% of total assets.
Equinor ASA Competitors by Total Assets
Key competitors of Equinor ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YPF S.A. D
BA:YPFD
|
Argentina | AR$29.57 Billion |
|
Transportadora de Gas del Sur SA B
BA:TGSU2
|
Argentina | AR$6.67 Trillion |
|
Petróleo Brasileiro S.A. - Petrobras
SA:PETR3
|
Brazil | R$1.28 Trillion |
|
Suncor Energy Inc
TO:SU
|
Canada | CA$94.75 Billion |
|
Imperial Oil Ltd
TO:IMO
|
Canada | CA$30.85 Billion |
|
Cenovus Energy Inc
TO:CVE
|
Canada | CA$64.85 Billion |
|
PetroChina Co Ltd Class A
SHG:601857
|
China | CN¥2.85 Trillion |
|
China Petroleum & Chemical Corp Class A
SHG:600028
|
China | CN¥2.22 Trillion |
Equinor 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 | 1.24 | 1.31 | 1.77 |
| Quick Ratio | 1.13 | 1.20 | 1.62 |
| Cash Ratio | 0.16 | 0.23 | 0.00 |
| Working Capital | Nkr7.43 Billion | Nkr10.94 Billion | Nkr14.68 Billion |
Equinor ASA - Advanced Valuation Insights
This section examines the relationship between Equinor 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 | 1.70 |
| Latest Market Cap to Assets Ratio | 0.90 |
| Asset Growth Rate (YoY) | -8.7% |
| Total Assets | Nkr131.14 Billion |
| Market Capitalization | $117.55 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Equinor ASA's assets close to their book value (0.90x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Equinor ASA's assets decreased by 8.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Equinor ASA (1998–2024)
The table below shows the annual total assets of Equinor ASA from 1998 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr131.14 Billion ≈ $13.80 Billion |
-8.66% |
| 2023-12-31 | Nkr143.58 Billion ≈ $15.11 Billion |
-9.14% |
| 2022-12-31 | Nkr158.02 Billion ≈ $16.63 Billion |
+7.41% |
| 2021-12-31 | Nkr147.12 Billion ≈ $15.48 Billion |
+20.62% |
| 2020-12-31 | Nkr121.97 Billion ≈ $12.83 Billion |
+3.31% |
| 2019-12-31 | Nkr118.06 Billion ≈ $12.42 Billion |
+4.94% |
| 2018-12-31 | Nkr112.51 Billion ≈ $11.84 Billion |
+1.27% |
| 2017-12-31 | Nkr111.10 Billion ≈ $11.69 Billion |
+6.29% |
| 2016-12-31 | Nkr104.53 Billion ≈ $11.00 Billion |
-4.94% |
| 2015-12-31 | Nkr109.96 Billion ≈ $11.57 Billion |
-17.12% |
| 2014-12-31 | Nkr132.67 Billion ≈ $13.96 Billion |
-8.89% |
| 2013-12-31 | Nkr145.62 Billion ≈ $15.32 Billion |
+3.64% |
| 2012-12-31 | Nkr140.50 Billion ≈ $14.78 Billion |
+9.11% |
| 2011-12-31 | Nkr128.77 Billion ≈ $13.55 Billion |
+17.73% |
| 2010-12-31 | Nkr109.38 Billion ≈ $11.51 Billion |
+12.61% |
| 2009-12-31 | Nkr97.13 Billion ≈ $10.22 Billion |
+16.85% |
| 2008-12-31 | Nkr83.12 Billion ≈ $8.75 Billion |
-6.57% |
| 2007-12-31 | Nkr88.96 Billion ≈ $9.36 Billion |
+75.81% |
| 2006-12-31 | Nkr50.60 Billion ≈ $5.32 Billion |
+19.85% |
| 2005-12-31 | Nkr42.22 Billion ≈ $4.44 Billion |
+2.64% |
| 2004-12-31 | Nkr41.13 Billion ≈ $4.33 Billion |
+23.42% |
| 2003-12-31 | Nkr33.33 Billion ≈ $3.51 Billion |
+12.67% |
| 2002-12-31 | Nkr29.58 Billion ≈ $3.11 Billion |
+33.10% |
| 2001-12-31 | Nkr22.23 Billion ≈ $2.34 Billion |
-11.65% |
| 2000-12-31 | Nkr25.16 Billion ≈ $2.65 Billion |
+19.95% |
| 1999-12-31 | Nkr20.97 Billion ≈ $2.21 Billion |
+12.44% |
| 1998-12-31 | Nkr18.65 Billion ≈ $1.96 Billion |
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About Equinor ASA
Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments. The company develops carbon… Read more