Petronor E&P Ltd (PNOR) - Total Assets
Based on the latest financial reports, Petronor E&P Ltd (PNOR) holds total assets worth Nkr214.35 Million NOK (≈ $22.56 Million USD) 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. Explore how well can Petronor E&P Ltd service its debt to assess how comfortably operating cash covers total debt obligations.
Petronor E&P Ltd - Total Assets Trend (2018–2024)
This chart illustrates how Petronor E&P Ltd's total assets have evolved over time, based on quarterly financial data. See Petronor E&P Ltd (PNOR) shareholders funds for net asset value and shareholders' equity analysis.
Petronor E&P Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Petronor E&P Ltd's total assets of Nkr214.35 Million consist of 53.9% current assets and 46.1% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 26.5% |
| Accounts Receivable | Nkr64.01 Million | 21.3% |
| Inventory | Nkr13.27 Million | 4.4% |
| Property, Plant & Equipment | Nkr85.89 Million | 28.5% |
| Intangible Assets | Nkr8.18 Million | 2.7% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how Petronor E&P 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. For live market cap, price, and company overview, see PNOR market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Petronor E&P Ltd's current assets represent 53.9% of total assets in 2024, a decrease from 68.1% in 2018.
- Cash Position: Cash and equivalents constituted 26.5% of total assets in 2024, up from 13.9% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 9.0% in 2018.
- Asset Diversification: The largest asset category is property, plant & equipment at 28.5% of total assets.
Petronor E&P Ltd Competitors by Total Assets
Key competitors of Petronor E&P Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aker BP ASA
OL:AKRBP
|
Norway | Nkr42.88 Billion |
|
ARC Resources Ltd.
TO:ARX
|
Canada | CA$14.18 Billion |
|
Var Energi ASA
OL:VAR
|
Norway | Nkr265.88 Billion |
|
EOG Resources Inc
NYSE:EOG
|
USA | $52.20 Billion |
|
Comstock Resources Inc
NYSE:CRK
|
USA | $7.24 Billion |
|
Woodside Energy Group Ltd
AU:WDS
|
Australia | AU$66.55 Billion |
|
Baytex Energy Corp
TO:BTE
|
Canada | CA$3.25 Billion |
|
PTT Exploration and Production Public Company Limited
BK:PTTEP
|
Thailand | ฿987.92 Billion |
Petronor E&P 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 | 4.83 | 7.95 | 1.48 |
| Quick Ratio | 3.40 | 6.94 | 1.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr58.81 Million | Nkr106.85 Million | Nkr10.22 Million |
Petronor E&P Ltd - Advanced Valuation Insights
This section examines the relationship between Petronor E&P 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 | 1.02 |
| Latest Market Cap to Assets Ratio | 0.54 |
| Asset Growth Rate (YoY) | 25.8% |
| Total Assets | Nkr301.24 Million |
| Market Capitalization | $161.48 Million USD |
Valuation Analysis
Below Book Valuation: The market values Petronor E&P Ltd's assets below their book value (0.54x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Petronor E&P Ltd's assets grew by 25.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Petronor E&P Ltd (2018–2024)
The table below shows the annual total assets of Petronor E&P Ltd from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr301.24 Million ≈ $31.70 Million |
+25.77% |
| 2023-12-31 | Nkr239.52 Million ≈ $25.20 Million |
+29.85% |
| 2022-12-31 | Nkr184.47 Million ≈ $19.41 Million |
+47.28% |
| 2021-12-31 | Nkr125.25 Million ≈ $13.18 Million |
+58.59% |
| 2020-12-31 | Nkr78.98 Million ≈ $8.31 Million |
-5.04% |
| 2019-12-31 | Nkr83.17 Million ≈ $8.75 Million |
+46.30% |
| 2018-12-31 | Nkr56.85 Million ≈ $5.98 Million |
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About Petronor E&P Ltd
PetroNor E&P ASA operates as an independent oil and gas exploration and production company in in the Republic of the Congo, the Gambia, and Nigeria. The company was founded in 2017 and is headquartered in Oslo, Norway.