Edda Wind ASA (EWIND) - Total Assets
Based on the latest financial reports, Edda Wind ASA (EWIND) holds total assets worth Nkr728.15 Million NOK (≈ $76.62 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.
Edda Wind ASA - Total Assets Trend (2018–2024)
This chart illustrates how Edda Wind ASA's total assets have evolved over time, based on quarterly financial data. Also see market value of Edda Wind ASA for the company's overall valuation and market capitalisation.
Edda Wind ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
Edda Wind ASA's total assets of Nkr728.15 Million consist of 7.8% current assets and 92.2% non-current assets. Review Edda Wind ASA (EWIND) total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr33.07 Million | 4.7% |
| Accounts Receivable | Nkr18.28 Million | 2.6% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr641.50 Million | 91.2% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how Edda Wind 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. See Edda Wind ASA stock quote for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Edda Wind ASA's current assets represent 7.8% of total assets in 2024, a decrease from 14.1% in 2018.
- Cash Position: Cash and equivalents constituted 4.7% of total assets in 2024, up from 4.2% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is property, plant & equipment at 91.2% of total assets.
Edda Wind ASA Competitors by Total Assets
Key competitors of Edda Wind ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
CNOOC Energy Technology & Services Ltd
SHG:600968
|
China | CN¥49.49 Billion |
|
Nanjing Develop Advanced Manufacturing Co Ltd
SHG:688377
|
China | CN¥2.81 Billion |
|
Calfrac Well Services Ltd.
TO:CFW
|
Canada | CA$1.05 Billion |
|
GULF MARINE SVCS LS -02
F:G0M
|
Germany | €699.93 Million |
|
Source Energy Services Ltd
TO:SHLE
|
Canada | CA$597.89 Million |
|
Island Concepts Indonesia Tbk
JK:ICON
|
Indonesia | Rp367.61 Billion |
|
THALASSA HLDG.NEW DL-01
F:TH2P
|
Germany | €9.29 Million |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
Edda Wind 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 | 0.91 | 1.75 | 1.20 |
| Quick Ratio | 0.91 | 1.75 | 1.20 |
| Cash Ratio | 0.65 | 0.00 | 0.00 |
| Working Capital | Nkr-5.04 Million | Nkr33.10 Million | Nkr1.45 Million |
Edda Wind ASA - Advanced Valuation Insights
This section examines the relationship between Edda Wind 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 | 0.75 |
| Latest Market Cap to Assets Ratio | 0.44 |
| Asset Growth Rate (YoY) | 20.8% |
| Total Assets | Nkr703.29 Million |
| Market Capitalization | $308.89 Million USD |
Valuation Analysis
Below Book Valuation: The market values Edda Wind ASA's assets below their book value (0.44x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Edda Wind ASA's assets grew by 20.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Edda Wind ASA (2018–2024)
The table below shows the annual total assets of Edda Wind ASA from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr703.29 Million ≈ $74.01 Million |
+20.79% |
| 2023-12-31 | Nkr582.26 Million ≈ $61.27 Million |
+65.82% |
| 2022-12-31 | Nkr351.14 Million ≈ $36.95 Million |
+14.90% |
| 2021-12-31 | Nkr305.60 Million ≈ $32.16 Million |
+101.95% |
| 2020-12-31 | Nkr151.33 Million ≈ $15.92 Million |
+69.84% |
| 2019-12-31 | Nkr89.10 Million ≈ $9.38 Million |
-2.17% |
| 2018-12-31 | Nkr91.08 Million ≈ $9.58 Million |
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About Edda Wind ASA
Edda Wind ASA develops, builds, owns, operates, and charters out purpose-built service operation vessels (SOVs) and commissioning service operation vessels (CSOVs) for offshore wind farms and maritime operations worldwide. It owns and operates three purpose-built SOVs; five CSOVs; and has 5 CSOVs offshore wind vessels under construction. The company was founded in 2015 and is headquartered in Hau… Read more