Nordic Mining ASA (NOM) - Total Assets
Based on the latest financial reports, Nordic Mining ASA (NOM) holds total assets worth Nkr3.31 Billion NOK (≈ $347.84 Million USD) as of December 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. Explore Nordic Mining ASA cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Nordic Mining ASA - Total Assets Trend (2013–2025)
This chart illustrates how Nordic Mining ASA's total assets have evolved over time, based on quarterly financial data. See shareholders equity of Nordic Mining ASA for net asset value and shareholders' equity analysis.
Nordic Mining ASA - Asset Composition Analysis
Current Asset Composition (December 2025)
Nordic Mining ASA's total assets of Nkr3.31 Billion consist of 13.4% current assets and 86.6% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr329.43 Million | 9.3% |
| Accounts Receivable | Nkr2.67 Million | 0.1% |
| Inventory | Nkr61.67 Million | 1.9% |
| Property, Plant & Equipment | Nkr2.35 Billion | 71.1% |
| Intangible Assets | Nkr21.62 Million | 0.7% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2013–2025)
This chart illustrates how Nordic Mining 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 NOM market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nordic Mining ASA's current assets represent 13.4% of total assets in 2025, a decrease from 41.5% in 2013.
- Cash Position: Cash and equivalents constituted 9.3% of total assets in 2025, down from 38.7% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 16.0% in 2013.
- Asset Diversification: The largest asset category is property, plant & equipment at 71.1% of total assets.
Nordic Mining ASA Competitors by Total Assets
Key competitors of Nordic Mining ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Fox Marble Holdings PLC
LSE:FOX
|
UK | GBX174.38K |
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$46.64 Billion |
|
Xiamen Tungsten Co Ltd
SHG:600549
|
China | CN¥63.93 Billion |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799
|
China | CN¥174.67 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
China | CN¥19.69 Billion |
|
ALMONTY INDUSTRIES CDIS/1
F:ALI0
|
Germany | €589.73 Million |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$1.13 Billion |
Nordic Mining 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 | 2.35 | 2.51 | 6.52 |
| Quick Ratio | 2.03 | 2.46 | 6.52 |
| Cash Ratio | 1.75 | 2.26 | 0.00 |
| Working Capital | Nkr254.80 Million | Nkr303.98 Million | Nkr80.66 Million |
Nordic Mining ASA - Advanced Valuation Insights
This section examines the relationship between Nordic Mining 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 | 1.22 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 1.5% |
| Total Assets | Nkr3.31 Billion |
| Market Capitalization | $61.20 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nordic Mining ASA's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Nordic Mining ASA's assets grew by 1.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Nordic Mining ASA (2013–2025)
The table below shows the annual total assets of Nordic Mining ASA from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr3.31 Billion ≈ $347.84 Million |
+1.47% |
| 2024-12-31 | Nkr3.26 Billion ≈ $342.78 Million |
+4.07% |
| 2023-12-31 | Nkr3.13 Billion ≈ $329.39 Million |
+106.69% |
| 2022-12-31 | Nkr1.51 Billion ≈ $159.36 Million |
+493.22% |
| 2021-12-31 | Nkr255.29 Million ≈ $26.86 Million |
+47.01% |
| 2020-12-31 | Nkr173.65 Million ≈ $18.27 Million |
+13.93% |
| 2019-12-31 | Nkr152.41 Million ≈ $16.04 Million |
+53.08% |
| 2018-12-31 | Nkr99.56 Million ≈ $10.48 Million |
+29.08% |
| 2017-12-31 | Nkr77.13 Million ≈ $8.12 Million |
-25.82% |
| 2016-12-31 | Nkr103.98 Million ≈ $10.94 Million |
+121.64% |
| 2015-12-31 | Nkr46.91 Million ≈ $4.94 Million |
+36.54% |
| 2014-12-31 | Nkr34.36 Million ≈ $3.62 Million |
-14.14% |
| 2013-12-31 | Nkr40.02 Million ≈ $4.21 Million |
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About Nordic Mining ASA
Nordic Mining ASA, together with its subsidiaries, engages in the exploration, extraction, and production of minerals and metals in Norway. The company explores for rutile, almandine garnet, hydrothermal quartz vein, and titanium sponge deposits. Its flagship property is the 100% owned Engebø Rutile and Garnet project located in the Sunnfjord, Vestland, Norway. The company was founded in 2006 and… Read more