Magnora ASA (MGN) - Total Assets
Based on the latest financial reports, Magnora ASA (MGN) holds total assets worth Nkr1.09 Billion NOK (≈ $114.51 Million USD) as of June 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.
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. Also see Magnora ASA stock valuation for the company's overall valuation and market capitalisation.
Magnora ASA - Asset Composition Analysis
Current Asset Composition (December 2025)
Magnora ASA's total assets of Nkr1.09 Billion consist of 42.7% current assets and 57.3% non-current assets. Review total liabilities of Magnora ASA to assess the company's total debt and financial obligations.
| 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. See Magnora ASA stock quote for real-time trading data and today's change.
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 |
|---|---|---|
|
Adani Green Energy Limited
NSE:ADANIGREEN
|
India | Rs1.44 Trillion |
|
CECEP Wind-Power Corp Co Ltd
SHG:601016
|
China | CN¥45.68 Billion |
|
Centrais Elétricas Brasileiras S.A. - Eletrobrás
NYSE:EBR-B
|
USA | $266.50 Billion |
|
Clearway Energy Inc Class C
NYSE:CWEN
|
USA | $16.66 Billion |
|
Zhejiang Provincial New Energy Investment Group Co Ltd
SHG:600032
|
China | CN¥59.85 Billion |
|
Auren Energia S.A.
SA:AURE3
|
Brazil | R$46.71 Billion |
|
Nyocor Co Ltd
SHG:600821
|
China | CN¥40.61 Billion |
|
Électricite de Strasbourg Société Anonyme
PA:ELEC
|
France | €1.99 Billion |
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 | 11.53 | 2.24 | 9.06 |
| Quick Ratio | 11.53 | 2.24 | 9.72 |
| Cash Ratio | 0.00 | 1.96 | 8.17 |
| Working Capital | Nkr761.50 Million | Nkr140.70 Million | Nkr91.10 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 | 2.21 |
| Latest Market Cap to Assets Ratio | 0.35 |
| Asset Growth Rate (YoY) | -22.4% |
| Total Assets | Nkr446.70 Million |
| Market Capitalization | $155.73 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.
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 |
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About Magnora ASA
Magnora ASA operates as a renewable energy development company in Norway, Sweden, South Africa, Italy 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 2… Read more