Golden Energy Offshore Services AS (GEOS) - Total Assets
Based on the latest financial reports, Golden Energy Offshore Services AS (GEOS) holds total assets worth Nkr1.53 Billion NOK (≈ $161.04 Million USD) 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. Check Golden Energy Offshore Services AS cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Golden Energy Offshore Services AS - Total Assets Trend (2014–2024)
This chart illustrates how Golden Energy Offshore Services AS's total assets have evolved over time, based on quarterly financial data. Check Golden Energy Offshore Services AS cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Golden Energy Offshore Services AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Golden Energy Offshore Services AS's total assets of Nkr1.53 Billion consist of 12.2% current assets and 87.8% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr37.61 Million | 2.3% |
| Accounts Receivable | Nkr97.58 Million | 6.2% |
| Inventory | Nkr11.06 Million | 0.7% |
| Property, Plant & Equipment | Nkr1.37 Billion | 86.6% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr18.55 Million | 1.2% |
Asset Composition Trend (2014–2024)
This chart illustrates how Golden Energy Offshore Services 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 Golden Energy Offshore Services AS market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Golden Energy Offshore Services AS's current assets represent 12.2% of total assets in 2024, an increase from 9.3% in 2014.
- Cash Position: Cash and equivalents constituted 2.3% of total assets in 2024, down from 3.2% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is property, plant & equipment at 86.6% of total assets.
Golden Energy Offshore Services AS Competitors by Total Assets
Key competitors of Golden Energy Offshore Services AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hyundai Mipo Dockyard
KO:010620
|
Korea | ₩5.15 Trillion |
|
ZIM Integrated Shipping Services Ltd
NYSE:ZIM
|
USA | $10.58 Billion |
|
Vapores
SN:VAPORES
|
Chile | CL$7.20 Billion |
|
Rizhao Port Co Ltd
SHG:600017
|
China | CN¥39.87 Billion |
|
Nanjing Port Co Ltd
SHE:002040
|
China | CN¥5.38 Billion |
|
Sejin Heavy Industries Co Ltd
KO:075580
|
Korea | ₩641.49 Billion |
|
Puerto Ventana
SN:VENTANAS
|
Chile | CL$454.65 Million |
|
Batulicin Nusantara Maritim Tbk PT
JK:BESS
|
Indonesia | Rp714.01 Billion |
Golden Energy Offshore Services 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 | 0.44 | 0.38 | 0.16 |
| Quick Ratio | 0.41 | 0.37 | 0.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr-184.65 Million | Nkr-226.97 Million | Nkr-277.88 Million |
Golden Energy Offshore Services AS - Advanced Valuation Insights
This section examines the relationship between Golden Energy Offshore Services 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 | 1.46 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 1.7% |
| Total Assets | Nkr1.59 Billion |
| Market Capitalization | $71.78 Million USD |
Valuation Analysis
Below Book Valuation: The market values Golden Energy Offshore Services AS's assets below their book value (0.05x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Golden Energy Offshore Services AS's assets grew by 1.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Golden Energy Offshore Services AS (2014–2024)
The table below shows the annual total assets of Golden Energy Offshore Services AS from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr1.59 Billion ≈ $166.87 Million |
+1.72% |
| 2023-12-31 | Nkr1.56 Billion ≈ $164.04 Million |
+175.90% |
| 2022-12-31 | Nkr565.02 Million ≈ $59.46 Million |
+20.06% |
| 2021-12-31 | Nkr470.62 Million ≈ $49.52 Million |
-0.49% |
| 2020-12-31 | Nkr472.92 Million ≈ $49.76 Million |
-18.30% |
| 2019-12-31 | Nkr578.87 Million ≈ $60.91 Million |
+112.62% |
| 2018-12-31 | Nkr272.26 Million ≈ $28.65 Million |
-7.56% |
| 2017-12-31 | Nkr294.52 Million ≈ $30.99 Million |
+0.24% |
| 2016-12-31 | Nkr293.81 Million ≈ $30.92 Million |
-27.84% |
| 2015-12-31 | Nkr407.18 Million ≈ $42.85 Million |
-23.98% |
| 2014-12-31 | Nkr535.60 Million ≈ $56.36 Million |
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About Golden Energy Offshore Services AS
Golden Energy Offshore Services ASA, together with its subsidiaries, owns and operates supply vessels for the oil and gas, and renewable offshore service industry in the North Sea, the Caribbean, and internationally. The company was incorporated in 2013 and is headquartered in Ålesund, Norway.