Magnora ASA (MGN) - Total Assets
Based on the latest financial reports, Magnora ASA (MGN) holds total assets worth Nkr508.20 Million NOK (≈ $53.48 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 Magnora ASA (MGN) shareholders funds for net asset value and shareholders' equity analysis.
Magnora ASA - Total Assets Trend (2002–2024)
This chart illustrates how Magnora ASA's total assets have evolved over time, based on quarterly financial data.
Magnora ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
Magnora ASA's total assets of Nkr508.20 Million consist of 49.2% current assets and 50.8% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 44.0% |
| Accounts Receivable | Nkr3.00 Million | 0.5% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr1.70 Million | 0.3% |
| Intangible Assets | Nkr148.50 Million | 25.8% |
| Goodwill | Nkr8.40 Million | 1.5% |
Asset Composition Trend (2002–2024)
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 49.2% of total assets in 2024, a decrease from 63.9% in 2002.
- Cash Position: Cash and equivalents constituted 44.0% of total assets in 2024, up from 12.5% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 26.0% of total assets, an increase from 0.0% in 2002.
- Asset Diversification: The largest asset category is intangible assets at 25.8% 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 |
|---|---|---|
|
NHPC Limited
NSE:NHPC
|
India | Rs1.12 Trillion |
|
SDIC Power Holdings Co Ltd
SHG:600886
|
China | CN¥314.01 Billion |
|
Auren Energia S.A.
SA:AURE3
|
Brazil | R$48.73 Billion |
|
Hangzhou Cogeneration Group Co Ltd
SHG:605011
|
China | CN¥4.29 Billion |
|
Zhejiang Xinzhonggang Thermal Power Co Ltd
SHG:605162
|
China | CN¥1.81 Billion |
|
Aydem Yenilenebilir Enerji AS
IS:AYDEM
|
Turkey | TL86.30 Billion |
|
Daehan Green Power Corporation
KQ:060900
|
Korea | ₩52.50 Billion |
|
Grupo Ecoener S.A.
MC:ENER
|
Spain | €834.19 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 | 2.24 | 2.70 | 66.45 |
| Quick Ratio | 2.24 | 2.70 | 66.45 |
| Cash Ratio | 1.96 | 0.00 | 0.00 |
| Working Capital | Nkr140.70 Million | Nkr268.10 Million | Nkr72.00 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 | 3.33 |
| Latest Market Cap to Assets Ratio | 0.35 |
| Asset Growth Rate (YoY) | -4.8% |
| Total Assets | Nkr575.30 Million |
| Market Capitalization | $202.78 Million USD |
Valuation Analysis
Below Book Valuation: The market values Magnora ASA's assets below their book value (0.35x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Magnora ASA's assets decreased by 4.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Magnora ASA (2002–2024)
The table below shows the annual total assets of Magnora ASA from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 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 |
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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 wind, solar photovoltaic (PV), and battery storage projects. It serves renewable energy operators, investment and oil companies, and global marine contractors. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA… Read more