Norsk Hydro ASA (NHY) - Total Assets
Based on the latest financial reports, Norsk Hydro ASA (NHY) holds total assets worth Nkr206.93 Billion NOK (≈ $21.77 Billion 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. Explore how well can Norsk Hydro ASA service its debt to assess how comfortably operating cash covers total debt obligations.
Norsk Hydro ASA - Total Assets Trend (1985–2025)
This chart illustrates how Norsk Hydro ASA's total assets have evolved over time, based on quarterly financial data. See net assets of Norsk Hydro ASA for net asset value and shareholders' equity analysis.
Norsk Hydro ASA - Asset Composition Analysis
Current Asset Composition (December 2025)
Norsk Hydro ASA's total assets of Nkr206.93 Billion consist of 39.1% current assets and 60.9% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr16.09 Billion | 7.7% |
| Accounts Receivable | Nkr17.73 Billion | 8.5% |
| Inventory | Nkr27.80 Billion | 13.4% |
| Property, Plant & Equipment | Nkr78.13 Billion | 37.5% |
| Intangible Assets | Nkr3.83 Billion | 1.8% |
| Goodwill | Nkr3.83 Billion | 1.8% |
Asset Composition Trend (1985–2025)
This chart illustrates how Norsk Hydro 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 Norsk Hydro ASA stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Norsk Hydro ASA's current assets represent 39.1% of total assets in 2025, an increase from 38.1% in 1985.
- Cash Position: Cash and equivalents constituted 7.7% of total assets in 2025, up from 5.9% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 6.0% in 1985.
- Asset Diversification: The largest asset category is property, plant & equipment at 37.5% of total assets.
Norsk Hydro ASA Competitors by Total Assets
Key competitors of Norsk Hydro ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Hongchuang Aluminum Industry Holding Co Ltd
SHE:002379
|
China | CN¥3.01 Billion |
|
Cia Brasileira de Aluminio
SA:CBAV3
|
Brazil | R$14.11 Billion |
|
ABX Group Ltd
AU:ABX
|
Australia | AU$18.71 Million |
|
Aluar Aluminio Argentino
BA:ALUA
|
Argentina | AR$3.25 Trillion |
|
Guangdong Hongtu Technology Holdings Co Ltd
SHE:002101
|
China | CN¥14.30 Billion |
|
Alpha Hpa Ltd
AU:A4N
|
Australia | AU$305.35 Million |
|
Capral Ltd
AU:CAA
|
Australia | AU$482.90 Million |
|
VBX Ltd
AU:VBX
|
Australia | AU$2.39 Million |
Norsk Hydro 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 | 1.85 | 1.65 | 2.05 |
| Quick Ratio | 1.22 | 1.10 | 1.49 |
| Cash Ratio | 0.00 | 0.38 | 0.68 |
| Working Capital | Nkr37.49 Billion | Nkr32.15 Billion | Nkr31.03 Billion |
Norsk Hydro ASA - Advanced Valuation Insights
This section examines the relationship between Norsk Hydro 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 | 1.62 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 0.4% |
| Total Assets | Nkr208.30 Billion |
| Market Capitalization | $18.26 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Norsk Hydro ASA's assets below their book value (0.09x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Norsk Hydro ASA's assets grew by 0.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Norsk Hydro ASA (1985–2025)
The table below shows the annual total assets of Norsk Hydro ASA from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr208.30 Billion ≈ $21.92 Billion |
+0.45% |
| 2024-12-31 | Nkr207.37 Billion ≈ $21.82 Billion |
+0.44% |
| 2023-12-31 | Nkr206.46 Billion ≈ $21.73 Billion |
+3.95% |
| 2022-12-31 | Nkr198.62 Billion ≈ $20.90 Billion |
+13.81% |
| 2021-12-31 | Nkr174.51 Billion ≈ $18.36 Billion |
+6.15% |
| 2020-12-31 | Nkr164.41 Billion ≈ $17.30 Billion |
+0.00% |
| 2019-12-31 | Nkr164.40 Billion ≈ $17.30 Billion |
+1.57% |
| 2018-12-31 | Nkr161.85 Billion ≈ $17.03 Billion |
-0.90% |
| 2017-12-31 | Nkr163.33 Billion ≈ $17.19 Billion |
+24.87% |
| 2016-12-31 | Nkr130.79 Billion ≈ $13.76 Billion |
+6.73% |
| 2015-12-31 | Nkr122.54 Billion ≈ $12.90 Billion |
-2.95% |
| 2014-12-31 | Nkr126.27 Billion ≈ $13.29 Billion |
+9.58% |
| 2013-12-31 | Nkr115.23 Billion ≈ $12.13 Billion |
-1.13% |
| 2012-12-31 | Nkr116.55 Billion ≈ $12.26 Billion |
-12.07% |
| 2011-12-31 | Nkr132.55 Billion ≈ $13.95 Billion |
+49.29% |
| 2010-12-31 | Nkr88.79 Billion ≈ $9.34 Billion |
+14.42% |
| 2009-12-31 | Nkr77.60 Billion ≈ $8.17 Billion |
-18.45% |
| 2008-12-31 | Nkr95.16 Billion ≈ $10.01 Billion |
+3.38% |
| 2007-12-31 | Nkr92.05 Billion ≈ $9.69 Billion |
-60.60% |
| 2006-12-31 | Nkr233.64 Billion ≈ $24.59 Billion |
+2.97% |
| 2005-12-31 | Nkr226.91 Billion ≈ $23.88 Billion |
+12.46% |
| 2004-12-31 | Nkr201.77 Billion ≈ $21.23 Billion |
-7.98% |
| 2003-12-31 | Nkr219.26 Billion ≈ $23.07 Billion |
+6.13% |
| 2002-12-31 | Nkr206.60 Billion ≈ $21.74 Billion |
+4.16% |
| 2001-12-31 | Nkr198.35 Billion ≈ $20.87 Billion |
+1.08% |
| 2000-12-31 | Nkr196.24 Billion ≈ $20.65 Billion |
+10.39% |
| 1999-12-31 | Nkr177.78 Billion ≈ $18.71 Billion |
+43.00% |
| 1998-12-31 | Nkr124.32 Billion ≈ $13.08 Billion |
+7.59% |
| 1997-12-31 | Nkr115.55 Billion ≈ $12.16 Billion |
+21.75% |
| 1996-12-31 | Nkr94.91 Billion ≈ $9.99 Billion |
-3.74% |
| 1995-12-31 | Nkr98.60 Billion ≈ $10.38 Billion |
+5.20% |
| 1994-12-31 | Nkr93.72 Billion ≈ $9.86 Billion |
+6.45% |
| 1993-12-31 | Nkr88.04 Billion ≈ $9.26 Billion |
+2.97% |
| 1992-12-31 | Nkr85.51 Billion ≈ $9.00 Billion |
+10.30% |
| 1991-12-31 | Nkr77.52 Billion ≈ $8.16 Billion |
-2.95% |
| 1990-12-31 | Nkr79.88 Billion ≈ $8.41 Billion |
+21.35% |
| 1989-12-31 | Nkr65.82 Billion ≈ $6.93 Billion |
-11.32% |
| 1988-12-31 | Nkr74.22 Billion ≈ $7.81 Billion |
+22.64% |
| 1987-12-31 | Nkr60.52 Billion ≈ $6.37 Billion |
-0.62% |
| 1986-12-31 | Nkr60.90 Billion ≈ $6.41 Billion |
+32.72% |
| 1985-12-31 | Nkr45.89 Billion ≈ $4.83 Billion |
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About Norsk Hydro ASA
Norsk Hydro ASA engages in power production, bauxite extraction, alumina refining, aluminum smelting, recycling activities, and extruded solutions worldwide. The company operates through Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Metal Markets, Hydro Extrusions, and Hydro Energy segments. The Hydro Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, a… Read more