Nordic Unmanned As
Nordic Unmanned ASA provides drones, data capture products, and flight services worldwide. The company offers unmanned systems and sensors. It provides oilspill and emission monitoring, smart ports, maritime surveillance, search and rescue, and fishery inspection services; and defense and security services, such as system integration and UAV service operation, as well as sells equipment. In addit… Read more
Nordic Unmanned As (NUMND) - Total Assets
Latest total assets as of September 2024: Nkr29.31 Million NOK
Based on the latest financial reports, Nordic Unmanned As (NUMND) holds total assets worth Nkr29.31 Million NOK as of September 2024.
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 Unmanned As - Total Assets Trend (2017–2023)
This chart illustrates how Nordic Unmanned As’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nordic Unmanned As - Asset Composition Analysis
Current Asset Composition (December 2023)
Nordic Unmanned As's total assets of Nkr29.31 Million consist of 24.1% current assets and 75.9% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 2.4% |
| Accounts Receivable | Nkr448.28K | 1.1% |
| Inventory | Nkr4.16 Million | 10.3% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr8.03 Million | 19.8% |
| Goodwill | Nkr2.99 Million | 7.4% |
Asset Composition Trend (2017–2023)
This chart illustrates how Nordic Unmanned As'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 Unmanned As's current assets represent 24.1% of total assets in 2023, a decrease from 60.4% in 2017.
- Cash Position: Cash and equivalents constituted 2.4% of total assets in 2023, up from 0.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 26.0% of total assets, an increase from 12.0% in 2017.
- Asset Diversification: The largest asset category is intangible assets at 19.8% of total assets.
Nordic Unmanned As Competitors by Total Assets
Key competitors of Nordic Unmanned As based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Ligeance Mineral Resources Co Ltd
SHE:000697
|
China | CN¥3.92 Billion |
|
Aecc Aero Engine Control Co Ltd
SHE:000738
|
China | CN¥16.46 Billion |
|
Zhejiang XiaSha Precision
SHE:001316
|
China | CN¥1.42 Billion |
|
Sichuan Haite High-tech Co Ltd
SHE:002023
|
China | CN¥6.80 Billion |
|
Aerospace CH UAV Co Ltd
SHE:002389
|
China | CN¥10.31 Billion |
|
Kuang Chi Technologies Co Ltd
SHE:002625
|
China | CN¥11.38 Billion |
|
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A
SHE:002933
|
China | CN¥2.40 Billion |
|
Beijing Bei Mo Gao Ke Friction Mate
SHE:002985
|
China | CN¥3.82 Billion |
Nordic Unmanned As - 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 Unmanned As generates 0.38x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Nordic Unmanned As is currently not profitable relative to its asset base.
Nordic Unmanned As - 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 | 0.73 | 0.27 | 3.41 |
| Quick Ratio | 0.48 | 0.16 | 3.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr-2.92 Million | Nkr -21.07 Million | Nkr 57.14 Million |
Nordic Unmanned As - Advanced Valuation Insights
This section examines the relationship between Nordic Unmanned As'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 | 1.03 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -11.8% |
| Total Assets | Nkr40.52 Million |
| Market Capitalization | $1.14 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nordic Unmanned As's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Nordic Unmanned As's assets decreased by 11.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nordic Unmanned As (2017–2023)
The table below shows the annual total assets of Nordic Unmanned As from 2017 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | Nkr40.52 Million | -11.80% |
| 2022-12-31 | Nkr45.94 Million | -90.14% |
| 2021-12-31 | Nkr466.06 Million | +181.63% |
| 2020-12-31 | Nkr165.48 Million | +270.56% |
| 2019-12-31 | Nkr44.66 Million | +3164.24% |
| 2018-12-31 | Nkr1.37 Million | -16.41% |
| 2017-12-31 | Nkr1.64 Million | -- |