Norbit ASA (NORBT) - Total Assets

Latest as of September 2025: Nkr2.50 Billion NOK ≈ $262.89 Million USD

Based on the latest financial reports, Norbit ASA (NORBT) holds total assets worth Nkr2.50 Billion NOK (≈ $262.89 Million USD) as of September 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.

Norbit ASA - Total Assets Trend (2016–2024)

This chart illustrates how Norbit ASA's total assets have evolved over time, based on quarterly financial data. Also see Norbit ASA market cap and net worth for the company's overall valuation and market capitalisation.

Norbit ASA - Asset Composition Analysis

Current Asset Composition (December 2024)

Norbit ASA's total assets of Nkr2.50 Billion consist of 44.3% current assets and 55.7% non-current assets. Review NORBT current and long-term liabilities to assess the company's total debt and financial obligations.

Asset Category Amount (NOK) % of Total Assets
Cash & Equivalents Nkr193.30 Million 8.9%
Accounts Receivable Nkr273.40 Million 12.5%
Inventory Nkr434.70 Million 19.9%
Property, Plant & Equipment Nkr274.00 Million 12.5%
Intangible Assets Nkr418.90 Million 19.2%
Goodwill Nkr497.40 Million 22.8%

Asset Composition Trend (2016–2024)

This chart illustrates how Norbit 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 NORBT share price today for real-time trading data and today's change.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Norbit ASA's current assets represent 44.3% of total assets in 2024, a decrease from 47.4% in 2016.
  • Cash Position: Cash and equivalents constituted 8.9% of total assets in 2024, up from 1.1% in 2016.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 41.0% of total assets, an increase from 26.0% in 2016.
  • Asset Diversification: The largest asset category is goodwill at 22.8% of total assets.

Norbit ASA Competitors by Total Assets

Key competitors of Norbit ASA based on total assets are shown below.

Company Country Total Assets
Siglent Technologies Co Ltd
SHG:688112
China CN¥1.70 Billion
Focused Photonics Hangzhou Inc
SHE:300203
China CN¥8.67 Billion
Goldcard High-Tech Co Ltd
SHE:300349
China CN¥7.43 Billion
HyVision System. Inc
KQ:126700
Korea ₩335.99 Billion
X2M Connect Ltd
AU:X2M
Australia AU$4.78 Million
Satis Group S.A.
WAR:STS
Poland zł2.37 Million
Codan Ltd
AU:CDA
Australia AU$912.27 Million
Catapult Group International Ltd
AU:CAT
Australia AU$218.31 Million

Norbit 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 1.79 1.87 1.58
Quick Ratio 0.74 0.81 0.78
Cash Ratio 0.00 0.26 0.00
Working Capital Nkr521.70 Million Nkr386.30 Million Nkr119.25 Million

Norbit ASA - Advanced Valuation Insights

This section examines the relationship between Norbit 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 9.12
Latest Market Cap to Assets Ratio 0.49
Asset Growth Rate (YoY) 46.1%
Total Assets Nkr2.19 Billion
Market Capitalization $1.07 Billion USD

Valuation Analysis

Below Book Valuation: The market values Norbit ASA's assets below their book value (0.49x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Norbit ASA's assets grew by 46.1% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Norbit ASA (2016–2024)

The table below shows the annual total assets of Norbit ASA from 2016 to 2024.

Year Total Assets Change
2024-12-31 Nkr2.19 Billion
≈ $229.96 Million
+46.08%
2023-12-31 Nkr1.50 Billion
≈ $157.42 Million
+22.54%
2022-12-31 Nkr1.22 Billion
≈ $128.46 Million
+24.96%
2021-12-31 Nkr976.94 Million
≈ $102.80 Million
+45.45%
2020-12-31 Nkr671.65 Million
≈ $70.68 Million
+11.94%
2019-12-31 Nkr600.01 Million
≈ $63.14 Million
+27.53%
2018-12-31 Nkr470.48 Million
≈ $49.51 Million
+33.15%
2017-12-31 Nkr353.36 Million
≈ $37.18 Million
+28.88%
2016-12-31 Nkr274.17 Million
≈ $28.85 Million
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About Norbit ASA

OL:NORBT Norway Scientific & Technical Instruments
Market Cap
$1.07 Billion
Nkr10.17 Billion NOK
Market Cap Rank
#8581 Global
#66 in Norway
Share Price
Nkr159.40
Change (1 day)
+0.50%
52-Week Range
Nkr156.60 - Nkr237.60
All Time High
Nkr237.60
About

Norbit ASA provides technology solutions to customers in a range of industries. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging… Read more