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. See Norbit ASA shareholders equity for net asset value and shareholders' equity analysis.

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.

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.

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. For live market cap, price, and company overview, see market cap of Norbit ASA.

Show as percentage

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
Hubei Jiuzhiyang Infrared System Co Ltd SHE:300516	China	CN¥1.91 Billion
Parksystems Corp KQ:140860	Korea	₩323.13 Billion
Codan Ltd AU:CDA	Australia	AU$912.27 Million
Catapult Group International Ltd AU:CAT	Australia	AU$218.31 Million
Ikegps Group Ltd AU:IKE	Australia	AU$51.01 Million
Optiscan Imaging Ltd AU:OIL	Australia	AU$24.95 Million
X2M Connect Ltd AU:X2M	Australia	AU$4.78 Million
Orexplore Technologies Ltd AU:OXT	Australia	AU$10.11 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	0.57
Asset Growth Rate (YoY)	46.1%
Total Assets	Nkr2.19 Billion
Market Capitalization	$1.25 Billion USD

Valuation Analysis

Below Book Valuation: The market values Norbit ASA's assets below their book value (0.57x), 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	--

About Norbit ASA

OL:NORBT Norway Scientific & Technical Instruments

Market Cap

$1.25 Billion

Nkr11.86 Billion NOK

Market Cap Rank

#8169 Global

#61 in Norway

Share Price

Nkr185.90

Change (1 day)

-2.52%

52-Week Range

Nkr166.20 - Nkr237.60

All Time High

Nkr237.60