Horisont Energi AS (HRGI) - Total Assets
Based on the latest financial reports, Horisont Energi AS (HRGI) holds total assets worth Nkr42.32 Million NOK (≈ $4.45 Million USD) as of June 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 Horisont Energi AS book value and equity for net asset value and shareholders' equity analysis.
Horisont Energi AS - Total Assets Trend (2019–2024)
This chart illustrates how Horisont Energi AS's total assets have evolved over time, based on quarterly financial data.
Horisont Energi AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Horisont Energi AS's total assets of Nkr42.32 Million consist of 88.4% current assets and 11.6% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr82.25 Million | 74.9% |
| Accounts Receivable | Nkr6.25 Million | 5.9% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr2.69 Million | 2.5% |
| Intangible Assets | Nkr4.60 Million | 4.3% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Horisont Energi 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 HRGI company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Horisont Energi AS's current assets represent 88.4% of total assets in 2024, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 74.9% of total assets in 2024, down from 96.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is cash and equivalents at 74.9% of total assets.
Horisont Energi AS Competitors by Total Assets
Key competitors of Horisont Energi AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wuxi Delinhai Environmental Technology Co Ltd
SHG:688069
|
China | CN¥1.66 Billion |
|
Sunrise Energy Metals Ltd
AU:SRL
|
Australia | AU$11.54 Million |
|
Penyao Environmental Protection Co Ltd Class A
SHE:300664
|
China | CN¥7.87 Billion |
|
Suzhou Shijing Environmental Technology Co.Ltd.
SHE:301030
|
China | CN¥7.70 Billion |
|
Anhui Yuanchen Environmental Protection Science & Technology Co. Ltd.
SHG:688659
|
China | CN¥1.33 Billion |
|
Handok Clean Tech Co. Ltd
KQ:256150
|
Korea | ₩64.46 Billion |
|
Bawat Water Technologies AB
ST:BAWAT
|
Sweden | Skr31.49 Million |
|
Waterco Ltd
AU:WAT
|
Australia | AU$280.16 Million |
Horisont Energi 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 | 5.28 | 4.77 | 2.71 |
| Quick Ratio | 5.28 | 4.77 | 2.71 |
| Cash Ratio | 0.00 | 4.22 | 0.00 |
| Working Capital | Nkr27.61 Million | Nkr116.72 Million | Nkr6.70 Million |
Horisont Energi AS - Advanced Valuation Insights
This section examines the relationship between Horisont Energi 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 | 1.49 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -59.1% |
| Total Assets | Nkr106.27 Million |
| Market Capitalization | $5.74 Million USD |
Valuation Analysis
Below Book Valuation: The market values Horisont Energi AS's assets below their book value (0.05x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Horisont Energi AS's assets decreased by 59.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Horisont Energi AS (2019–2024)
The table below shows the annual total assets of Horisont Energi AS from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr106.27 Million ≈ $11.18 Million |
-59.13% |
| 2023-12-31 | Nkr260.02 Million ≈ $27.36 Million |
-41.52% |
| 2022-12-31 | Nkr444.67 Million ≈ $46.79 Million |
+209.50% |
| 2021-12-31 | Nkr143.67 Million ≈ $15.12 Million |
+1343.76% |
| 2020-12-31 | Nkr9.95 Million ≈ $1.05 Million |
+867.34% |
| 2019-12-31 | Nkr1.03 Million ≈ $108.25K |
-- |
About Horisont Energi AS
NOS Nova AS operates as a clean energy company in Norway. The company offers clean ammonia and hydrogen; carbon transport and storage services; and midstream CCS infrastructure, such as carbon dioxide terminals and pipelines. Its projects include the Gismarvik CO2 hub in Rogaland, Norway; the Barents Blue clean ammonia plant that produces ammonia from clean water, renewable energy, and low-carbon… Read more