Ocean Sun As
Ocean Sun AS develops floating power system with solar panels. Its system consists of one or multiple floaters anchored side-by-side to build larger power plants. The company was incorporated in 2016 and is headquartered in Lysaker, Norway.
Ocean Sun As (OSUN) - Total Assets
Latest total assets as of December 2025: Nkr24.73 Million NOK
Based on the latest financial reports, Ocean Sun As (OSUN) holds total assets worth Nkr24.73 Million NOK 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.
Ocean Sun As - Total Assets Trend (2017–2025)
This chart illustrates how Ocean Sun As’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ocean Sun As - Asset Composition Analysis
Current Asset Composition (December 2025)
Ocean Sun As's total assets of Nkr24.73 Million consist of 97.7% current assets and 2.3% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 60.3% |
| Accounts Receivable | Nkr1.44 Million | 5.8% |
| Inventory | Nkr600.00K | 2.4% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2017–2025)
This chart illustrates how Ocean Sun 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: Ocean Sun As's current assets represent 97.7% of total assets in 2025, a decrease from 100.0% in 2017.
- Cash Position: Cash and equivalents constituted 60.3% of total assets in 2025, down from 82.6% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 5.8% of total assets.
Ocean Sun As Competitors by Total Assets
Key competitors of Ocean Sun As based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
China | CN¥16.78 Billion |
Ocean Sun 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 - Ocean Sun As generates 0.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ocean Sun As is currently not profitable relative to its asset base.
Ocean Sun 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 | 3.16 | 4.21 | 17.50 |
| Quick Ratio | 3.08 | 4.14 | 17.50 |
| Cash Ratio | 0.00 | 3.35 | 0.00 |
| Working Capital | Nkr16.51 Million | Nkr 28.30 Million | Nkr 96.51 Million |
Ocean Sun As - Advanced Valuation Insights
This section examines the relationship between Ocean Sun 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 | 4.16 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -33.4% |
| Total Assets | Nkr24.73 Million |
| Market Capitalization | $1.30 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ocean Sun As's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ocean Sun As's assets decreased by 33.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ocean Sun As (2017–2025)
The table below shows the annual total assets of Ocean Sun As from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr24.73 Million | -33.40% |
| 2024-12-31 | Nkr37.13 Million | -29.72% |
| 2023-12-31 | Nkr52.84 Million | -25.75% |
| 2022-12-31 | Nkr71.17 Million | -18.94% |
| 2021-12-31 | Nkr87.79 Million | -14.45% |
| 2020-12-31 | Nkr102.61 Million | +431.64% |
| 2019-12-31 | Nkr19.30 Million | -33.26% |
| 2018-12-31 | Nkr28.92 Million | +346.61% |
| 2017-12-31 | Nkr6.48 Million | -- |