Norwegian Block Exchange AS (NBX) - Total Assets
Based on the latest financial reports, Norwegian Block Exchange AS (NBX) holds total assets worth Nkr147.50 Million NOK (≈ $15.52 Million USD) as of December 2024. 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 Norwegian Block Exchange AS (NBX) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Norwegian Block Exchange AS - Total Assets Trend (2018–2024)
This chart illustrates how Norwegian Block Exchange AS's total assets have evolved over time, based on quarterly financial data. Check earnings quality score of Norwegian Block Exchange AS to evaluate the quality of earnings relative to operating cash generation.
Norwegian Block Exchange AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Norwegian Block Exchange AS's total assets of Nkr147.50 Million consist of 30.1% current assets and 69.9% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr27.63 Million | 3.2% |
| Accounts Receivable | Nkr5.53 Million | 3.8% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr1.84 Million | 1.3% |
| Intangible Assets | Nkr59.26 Million | 40.2% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how Norwegian Block Exchange 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 market value of Norwegian Block Exchange AS.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Norwegian Block Exchange AS's current assets represent 30.1% of total assets in 2024, a decrease from 32.0% in 2018.
- Cash Position: Cash and equivalents constituted 3.2% of total assets in 2024, down from 11.2% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 40.0% of total assets, a decrease from 67.0% in 2018.
- Asset Diversification: The largest asset category is intangible assets at 40.2% of total assets.
Norwegian Block Exchange AS Competitors by Total Assets
Key competitors of Norwegian Block Exchange AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
GF Securities Co Ltd
SHE:000776
|
China | CN¥1.12 Trillion |
|
China International Capital Corp Ltd
SHG:601995
|
China | CN¥764.94 Billion |
|
Western Securities Co Ltd
SHE:002673
|
China | CN¥110.58 Billion |
|
GF Securities Co. Ltd
F:9GF
|
Germany | €1.12 Trillion |
|
Bitfarms Ltd.
NASDAQ:KEEL
|
USA | $1.30 Billion |
|
HIVE Digital Technologies Ltd.
V:HIVE
|
Canada | CA$624.00 Million |
|
Yulie Sekurindo Tbk
JK:YULE
|
Indonesia | Rp590.32 Billion |
|
Hanyang Sec
KO:001750
|
Korea | ₩5.09 Trillion |
Norwegian Block Exchange 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 | 0.85 | 0.35 | 5.72 |
| Quick Ratio | 0.85 | 0.12 | 5.72 |
| Cash Ratio | 0.53 | 0.21 | 0.00 |
| Working Capital | Nkr-7.59 Million | Nkr-51.37 Million | Nkr56.02 Million |
Norwegian Block Exchange AS - Advanced Valuation Insights
This section examines the relationship between Norwegian Block Exchange 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 | 1.48 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 22.4% |
| Total Assets | Nkr147.50 Million |
| Market Capitalization | $16.84 Million USD |
Valuation Analysis
Below Book Valuation: The market values Norwegian Block Exchange AS's assets below their book value (0.11x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Norwegian Block Exchange AS's assets grew by 22.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Norwegian Block Exchange AS (2018–2024)
The table below shows the annual total assets of Norwegian Block Exchange AS from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr147.50 Million ≈ $15.52 Million |
+22.39% |
| 2023-12-31 | Nkr120.51 Million ≈ $12.68 Million |
+4.30% |
| 2022-12-31 | Nkr115.55 Million ≈ $12.16 Million |
-19.48% |
| 2021-12-31 | Nkr143.51 Million ≈ $15.10 Million |
+21.50% |
| 2020-12-31 | Nkr118.12 Million ≈ $12.43 Million |
+164.94% |
| 2019-12-31 | Nkr44.58 Million ≈ $4.69 Million |
+237.24% |
| 2018-12-31 | Nkr13.22 Million ≈ $1.39 Million |
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About Norwegian Block Exchange AS
Norwegian Block Exchange AS offers an internet-based marketplace for customers to buy and sell digital assets in Norway. It develops digital asset-based products; and offers OTC trading, compliance and custody, staking, and credit card with bitcoin cashback services. The company was incorporated in 2018 and is based in Lysaker, Norway.