Magnora ASA (MGN) - Total Assets
Based on the latest financial reports, Magnora ASA (MGN) holds total assets worth Nkr394.90 Million NOK (≈ $41.55 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. Check MGN cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Magnora ASA - Total Assets Trend (2002–2025)
This chart illustrates how Magnora ASA's total assets have evolved over time, based on quarterly financial data. Check MGN cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Magnora ASA - Asset Composition Analysis
Current Asset Composition (December 2025)
Magnora ASA's total assets of Nkr394.90 Million consist of 42.7% current assets and 57.3% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 37.0% |
| Accounts Receivable | Nkr4.20 Million | 0.9% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr9.40 Million | 2.1% |
| Intangible Assets | Nkr141.80 Million | 31.7% |
| Goodwill | Nkr8.60 Million | 1.9% |
Asset Composition Trend (2002–2025)
This chart illustrates how Magnora 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. For live market cap, price, and company overview, see market cap of Magnora ASA.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Magnora ASA's current assets represent 42.7% of total assets in 2025, a decrease from 63.9% in 2002.
- Cash Position: Cash and equivalents constituted 37.0% of total assets in 2025, up from 12.5% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 32.0% of total assets, an increase from 0.0% in 2002.
- Asset Diversification: The largest asset category is intangible assets at 31.7% of total assets.
Magnora ASA Competitors by Total Assets
Key competitors of Magnora ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Centrais Electricas Brasileiras SA
NYSE:EBR
|
USA | $266.50 Billion |
|
China Three Gorges New Energy Group Co Ltd
SHG:600905
|
China | CN¥393.05 Billion |
|
Huaneng Lancang River Hydropower Inc Class A
SHG:600025
|
China | CN¥228.97 Billion |
|
Brookfield Renewable Corp
NYSE:BEPC
|
USA | $46.27 Billion |
|
Chongqing Three Gorges Water Conservancy and Electric Power Co Ltd
SHG:600116
|
China | CN¥26.01 Billion |
|
Hangzhou Cogeneration Group Co Ltd
SHG:605011
|
China | CN¥4.38 Billion |
|
Energiekontor AG
F:EKT
|
Germany | €896.41 Million |
|
Orrön Energy AB (publ)
ST:ORRON
|
Sweden | Skr523.82 Million |
Magnora 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 | 2.07 | 1.94 | 15.05 |
| Quick Ratio | 2.07 | 1.94 | 15.43 |
| Cash Ratio | 0.00 | 1.45 | 14.49 |
| Working Capital | Nkr77.50 Million | Nkr149.20 Million | Nkr116.60 Million |
Magnora ASA - Advanced Valuation Insights
This section examines the relationship between Magnora 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 | 7.25 |
| Latest Market Cap to Assets Ratio | 0.54 |
| Asset Growth Rate (YoY) | -22.4% |
| Total Assets | Nkr446.70 Million |
| Market Capitalization | $242.82 Million USD |
Valuation Analysis
Below Book Valuation: The market values Magnora ASA's assets below their book value (0.54x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Magnora ASA's assets decreased by 22.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Magnora ASA (2002–2025)
The table below shows the annual total assets of Magnora ASA from 2002 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr446.70 Million ≈ $47.01 Million |
-22.35% |
| 2024-12-31 | Nkr575.30 Million ≈ $60.54 Million |
-4.85% |
| 2023-12-31 | Nkr604.60 Million ≈ $63.62 Million |
+7.16% |
| 2022-12-31 | Nkr564.20 Million ≈ $59.37 Million |
+192.79% |
| 2021-12-31 | Nkr192.70 Million ≈ $20.28 Million |
+55.28% |
| 2020-12-31 | Nkr124.10 Million ≈ $13.06 Million |
+9.63% |
| 2019-12-31 | Nkr113.20 Million ≈ $11.91 Million |
-24.63% |
| 2018-12-31 | Nkr150.20 Million ≈ $15.81 Million |
-32.10% |
| 2017-12-31 | Nkr221.20 Million ≈ $23.28 Million |
-39.79% |
| 2016-12-31 | Nkr367.39 Million ≈ $38.66 Million |
-51.74% |
| 2015-12-31 | Nkr761.25 Million ≈ $80.11 Million |
-29.29% |
| 2014-12-31 | Nkr1.08 Billion ≈ $113.29 Million |
+7.35% |
| 2013-12-31 | Nkr1.00 Billion ≈ $105.53 Million |
-73.50% |
| 2012-12-31 | Nkr3.78 Billion ≈ $398.21 Million |
+8.99% |
| 2011-12-31 | Nkr3.47 Billion ≈ $365.36 Million |
-77.17% |
| 2010-12-31 | Nkr15.21 Billion ≈ $1.60 Billion |
+11.75% |
| 2009-12-31 | Nkr13.61 Billion ≈ $1.43 Billion |
+28.64% |
| 2008-12-31 | Nkr10.58 Billion ≈ $1.11 Billion |
+28.43% |
| 2007-12-31 | Nkr8.24 Billion ≈ $866.98 Million |
+53.50% |
| 2006-12-31 | Nkr5.37 Billion ≈ $564.81 Million |
+210.88% |
| 2005-12-31 | Nkr1.73 Billion ≈ $181.68 Million |
+765.20% |
| 2004-12-31 | Nkr199.55 Million ≈ $21.00 Million |
+1284.72% |
| 2003-12-31 | Nkr14.41 Million ≈ $1.52 Million |
-0.95% |
| 2002-12-31 | Nkr14.55 Million ≈ $1.53 Million |
-- |
About Magnora ASA
Magnora ASA operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom. The company focuses on developing data centers, solar photovoltaic energy, wind energy " onshore and offshore, renewable energy, and battery energy storage systems projects. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Ma… Read more