Polight ASA

OL:PLT Norway Electronic Components
Market Cap
$109.99 Million
Nkr1.25 Billion NOK
Market Cap Rank
#17973 Global
#64 in Norway
Share Price
Nkr5.89
Change (1 day)
-1.34%
52-Week Range
Nkr2.62 - Nkr8.48
All Time High
Nkr50.20
About

poLight ASA develops optical lens for consumer devices and professional applications in Europe, Asia, and the United States. The company's lens replicates the lens of the human eye enabling the implementation of autofocus functions for various applications. Its product portfolio includes TLens, a tuneable optical lens for autofocus camera applications; Packaged TLens that facilitates integration … Read more

Polight ASA (PLT) - Total Assets

Latest total assets as of December 2025: Nkr372.78 Million NOK

Based on the latest financial reports, Polight ASA (PLT) holds total assets worth Nkr372.78 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.

Polight ASA - Total Assets Trend (2014–2025)

This chart illustrates how Polight ASA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Polight ASA - Asset Composition Analysis

Current Asset Composition (December 2025)

Polight ASA's total assets of Nkr372.78 Million consist of 94.2% current assets and 5.9% non-current assets.

Asset Category Amount (NOK) % of Total Assets
Cash & Equivalents Nkr0.00 76.2%
Accounts Receivable Nkr9.99 Million 2.7%
Inventory Nkr53.52 Million 14.4%
Property, Plant & Equipment Nkr0.00 0.0%
Intangible Assets Nkr0.00 0.0%
Goodwill Nkr0.00 0.0%

Asset Composition Trend (2014–2025)

This chart illustrates how Polight 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.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Polight ASA's current assets represent 94.2% of total assets in 2025, an increase from 82.1% in 2014.
  • Cash Position: Cash and equivalents constituted 76.2% of total assets in 2025, up from 36.1% in 2014.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 13.0% in 2014.
  • Asset Diversification: The largest asset category is inventory at 14.4% of total assets.

Polight ASA Competitors by Total Assets

Key competitors of Polight ASA based on total assets are shown below.

Polight ASA - 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

Historical Range: 0.00 - 0.10

Lower asset utilization - Polight ASA generates 0.05x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -53.70% - -16.75%

Negative ROA - Polight ASA is currently not profitable relative to its asset base.

Polight 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 14.89 10.55 3.93
Quick Ratio 12.62 7.74 3.54
Cash Ratio 0.00 7.52 0.00
Working Capital Nkr327.41 Million Nkr 211.76 Million Nkr 67.40 Million

Polight ASA - Advanced Valuation Insights

This section examines the relationship between Polight 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 3.05
Latest Market Cap to Assets Ratio 0.29
Asset Growth Rate (YoY) 41.2%
Total Assets Nkr372.78 Million
Market Capitalization $106.53 Million USD

Valuation Analysis

Below Book Valuation: The market values Polight ASA's assets below their book value (0.29 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Polight ASA's assets grew by 41.2% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Polight ASA (2014–2025)

The table below shows the annual total assets of Polight ASA from 2014 to 2025.

Year Total Assets Change
2025-12-31 Nkr372.78 Million +41.19%
2024-12-31 Nkr264.03 Million +18.17%
2023-12-31 Nkr223.43 Million +25.35%
2022-12-31 Nkr178.24 Million -25.33%
2021-12-31 Nkr238.69 Million +68.38%
2020-12-31 Nkr141.76 Million -2.23%
2019-12-31 Nkr145.00 Million -33.95%
2018-12-31 Nkr219.53 Million +28.28%
2017-12-31 Nkr171.13 Million -22.05%
2016-12-31 Nkr219.54 Million +115.90%
2015-12-31 Nkr101.69 Million +170.92%
2014-12-31 Nkr37.53 Million --