Nordic Technology Group A/S
Nordic Technology Group AS, together with its subsidiaries, operates as an industrial group. The company is involved in the sensor technology, nanomaterials technology, and clean technology business areas. It also offers multiphase flow metering solutions for the oil and gas industry; AquaField, a PVT-independent multiphase meter; wavetrain systems; and filtering water solutions. In addition, the… Read more
Nordic Technology Group A/S (NTG) - Total Assets
Latest total assets as of June 2025: Nkr424.29 Million NOK
Based on the latest financial reports, Nordic Technology Group A/S (NTG) holds total assets worth Nkr424.29 Million NOK as of June 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.
Nordic Technology Group A/S - Total Assets Trend (2021–2024)
This chart illustrates how Nordic Technology Group A/S’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nordic Technology Group A/S - Asset Composition Analysis
Current Asset Composition (December 2024)
Nordic Technology Group A/S's total assets of Nkr424.29 Million consist of 10.3% current assets and 89.7% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 1.0% |
| Accounts Receivable | Nkr2.80 Million | 0.7% |
| Inventory | Nkr18.23 Million | 4.5% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr177.54 Million | 43.5% |
| Goodwill | Nkr169.98 Million | 41.6% |
Asset Composition Trend (2021–2024)
This chart illustrates how Nordic Technology Group A/S'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nordic Technology Group A/S's current assets represent 10.3% of total assets in 2024, a decrease from 100.0% in 2021.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2024, down from 9740256.4% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 84.0% of total assets, a decrease from 51690769.0% in 2021.
- Asset Diversification: The largest asset category is intangible assets at 43.5% of total assets.
Nordic Technology Group A/S Competitors by Total Assets
Key competitors of Nordic Technology Group A/S based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing BDStar Navigation Co Ltd
SHE:002151
|
China | CN¥6.56 Billion |
|
Oriental Times Media Corp
SHE:002175
|
China | CN¥983.41 Million |
|
Changchun UP Optotech Co Ltd
SHE:002338
|
China | CN¥2.50 Billion |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
|
China | CN¥3.87 Billion |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413
|
China | CN¥5.09 Billion |
|
Wuhan Guide Infrared Co Ltd
SHE:002414
|
China | CN¥10.53 Billion |
|
Shenzhen Jieshun Science and Technology Industry Co Ltd
SHE:002609
|
China | CN¥3.99 Billion |
|
Beijing SDL Technology Co Ltd
SHE:002658
|
China | CN¥3.08 Billion |
Nordic Technology Group A/S - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Nordic Technology Group A/S generates 0.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Nordic Technology Group A/S is currently not profitable relative to its asset base.
Nordic Technology Group A/S - 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 | 1.10 | 0.68 | 0.16 |
| Quick Ratio | 0.88 | 0.43 | 0.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr8.43 Million | Nkr -20.88 Million | Nkr -8.40 Million |
Nordic Technology Group A/S - Advanced Valuation Insights
This section examines the relationship between Nordic Technology Group A/S'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 | 1.25 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -38.0% |
| Total Assets | Nkr408.56 Million |
| Market Capitalization | $20.32 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nordic Technology Group A/S's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Nordic Technology Group A/S's assets decreased by 38.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nordic Technology Group A/S (2021–2024)
The table below shows the annual total assets of Nordic Technology Group A/S from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr408.56 Million | -38.01% |
| 2023-12-31 | Nkr659.11 Million | -17.01% |
| 2022-12-31 | Nkr794.22 Million | +50911117.95% |
| 2021-12-31 | Nkr1.56K | -- |