Odfjell Technology Ltd
Odfjell Technology Ltd., together with its subsidiaries, operates as a supplier of offshore operations, well services technology, and engineering solutions in Norway, the United Kingdom, rest of Europe, Kuwait, Malaysia, rest of Asia, and internationally. It operates through Well Services; Operations; and Projects & Engineering segments. The Well Services segment provides casing and tubular runni… Read more
Odfjell Technology Ltd (OTL) - Total Assets
Latest total assets as of September 2025: Nkr4.24 Billion NOK
Based on the latest financial reports, Odfjell Technology Ltd (OTL) holds total assets worth Nkr4.24 Billion NOK 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.
Odfjell Technology Ltd - Total Assets Trend (2018–2024)
This chart illustrates how Odfjell Technology Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Odfjell Technology Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Odfjell Technology Ltd's total assets of Nkr4.24 Billion consist of 48.7% current assets and 51.3% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr100.00K | 13.8% |
| Accounts Receivable | Nkr1.27 Billion | 30.4% |
| Inventory | Nkr60.70 Million | 1.5% |
| Property, Plant & Equipment | Nkr1.21 Billion | 29.0% |
| Intangible Assets | Nkr182.90 Million | 4.4% |
| Goodwill | Nkr156.70 Million | 3.8% |
Asset Composition Trend (2018–2024)
This chart illustrates how Odfjell Technology Ltd'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: Odfjell Technology Ltd's current assets represent 48.7% of total assets in 2024, a decrease from 67.8% in 2018.
- Cash Position: Cash and equivalents constituted 13.8% of total assets in 2024, up from 0.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, unchanged from 7.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 30.4% of total assets.
Odfjell Technology Ltd Competitors by Total Assets
Key competitors of Odfjell Technology Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828
|
China | CN¥1.85 Billion |
|
Daldrup & Söhne Aktiengesellschaft
F:4DS
|
Germany | €37.46 Million |
|
Velesto Energy Bhd
KLSE:5243
|
Malaysia | RM2.85 Billion |
|
ARCHER
F:8SW
|
Germany | €1.07 Billion |
|
Aban Offshore Limited
NSE:ABAN
|
India | ₹16.43 Billion |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
|
Agri-Dynamics Inc
PINK:AGDY
|
USA | $144.28K |
|
AKITA Drilling Ltd
PINK:AKTAF
|
USA | $258.01 Million |
Odfjell Technology Ltd - 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
Strong asset utilization - Odfjell Technology Ltd generates 1.30x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Odfjell Technology Ltd generates $6.06 in net profit.
Odfjell Technology Ltd - 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 | 1.84 | 1.83 | 1.64 |
| Quick Ratio | 1.84 | 1.83 | 1.64 |
| Cash Ratio | 0.00 | 0.51 | 0.00 |
| Working Capital | Nkr910.90 Million | Nkr 843.60 Million | Nkr 545.70 Million |
Odfjell Technology Ltd - Advanced Valuation Insights
This section examines the relationship between Odfjell Technology Ltd'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 | 1.83 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 13.1% |
| Total Assets | Nkr4.18 Billion |
| Market Capitalization | $82.56 Million USD |
Valuation Analysis
Below Book Valuation: The market values Odfjell Technology Ltd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Odfjell Technology Ltd's assets grew by 13.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Odfjell Technology Ltd (2018–2024)
The table below shows the annual total assets of Odfjell Technology Ltd from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr4.18 Billion | +13.05% |
| 2023-12-31 | Nkr3.69 Billion | +18.61% |
| 2022-12-31 | Nkr3.11 Billion | -20.54% |
| 2021-12-31 | Nkr3.92 Billion | +19.16% |
| 2020-12-31 | Nkr3.29 Billion | +732.15% |
| 2019-12-31 | Nkr395.31 Million | +14.99% |
| 2018-12-31 | Nkr343.79 Million | -- |