MORELD AS
Moreld ASA provides integrated solutions for the energy, marine, and industrial sectors in Norway and internationally. It operates through Moreld Apply, Ocean Installer, and Global Maritime segments. The company undertakes marine and subsea construction works; and offers a range of services, such as subsea umbilicals, risers, flowlines, moorings, offshore renewables, and carbon capture and storag… Read more
MORELD AS (MORLD) - Total Assets
Latest total assets as of March 2025: Nkr6.81 Billion NOK
Based on the latest financial reports, MORELD AS (MORLD) holds total assets worth Nkr6.81 Billion NOK as of March 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.
MORELD AS - Total Assets Trend (2023–2024)
This chart illustrates how MORELD AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MORELD AS - Asset Composition Analysis
Current Asset Composition (December 2024)
MORELD AS's total assets of Nkr6.81 Billion consist of 46.2% current assets and 53.8% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr1.50 Billion | 0.0% |
| Accounts Receivable | Nkr1.61 Billion | 22.4% |
| Inventory | Nkr39.86 Million | 0.6% |
| Property, Plant & Equipment | Nkr2.27 Billion | 31.6% |
| Intangible Assets | Nkr483.41 Million | 6.7% |
| Goodwill | Nkr885.13 Million | 12.3% |
Asset Composition Trend (2023–2024)
This chart illustrates how MORELD 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MORELD AS's current assets represent 46.2% of total assets in 2024, an increase from 45.2% in 2023.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, the same as 0.0% in 2023.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, a decrease from 35.0% in 2023.
- Asset Diversification: The largest asset category is property, plant & equipment at 31.6% of total assets.
MORELD AS Competitors by Total Assets
Key competitors of MORELD AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
MORELD AS - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - MORELD AS generates 0.99x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - MORELD AS is currently not profitable relative to its asset base.
MORELD 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 | 0.94 | 0.86 | 0.86 |
| Quick Ratio | 0.93 | 0.85 | 0.85 |
| Cash Ratio | 0.27 | 0.33 | 0.33 |
| Working Capital | Nkr-190.38 Million | Nkr -527.40 Million | Nkr -527.40 Million |
MORELD AS - Advanced Valuation Insights
This section examines the relationship between MORELD 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 | 3.57 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 191.0% |
| Total Assets | Nkr7.19 Billion |
| Market Capitalization | $82.08 Million USD |
Valuation Analysis
Below Book Valuation: The market values MORELD AS's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: MORELD AS's assets grew by 191.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for MORELD AS (2023–2024)
The table below shows the annual total assets of MORELD AS from 2023 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr7.19 Billion | +191.04% |
| 2023-12-31 | Nkr2.47 Billion | -- |