Petrolia SE
Petrolia SE, together with its subsidiaries, engages in the rental and sale of energy service equipment to energy industry in Norway, rest of Europe, Asia, and Australia. It operates in two segments, Energy and Energy Service. The company rents drilling equipment, such as drill pipes and test tubing. It also provides casing and tubing running, drilling, and make and brake services. In addition, t… Read more
Petrolia SE (PSE) - Total Assets
Latest total assets as of June 2025: Nkr68.90 Million NOK
Based on the latest financial reports, Petrolia SE (PSE) holds total assets worth Nkr68.90 Million NOK as of June 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.
Petrolia SE - Total Assets Trend (2007–2024)
This chart illustrates how Petrolia SE’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Petrolia SE - Asset Composition Analysis
Current Asset Composition (December 2024)
Petrolia SE's total assets of Nkr68.90 Million consist of 55.5% current assets and 44.5% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr13.18 Million | 20.9% |
| Accounts Receivable | Nkr13.04 Million | 20.7% |
| Inventory | Nkr1.83 Million | 2.9% |
| Property, Plant & Equipment | Nkr27.80 Million | 44.1% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr249.00K | 0.4% |
Asset Composition Trend (2007–2024)
This chart illustrates how Petrolia SE'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: Petrolia SE's current assets represent 55.5% of total assets in 2024, an increase from 38.6% in 2007.
- Cash Position: Cash and equivalents constituted 20.9% of total assets in 2024, down from 35.2% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is property, plant & equipment at 44.1% of total assets.
Petrolia SE Competitors by Total Assets
Key competitors of Petrolia SE based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Petrolia SE - 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 - Petrolia SE generates 0.85x 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, Petrolia SE generates $6.30 in net profit.
Petrolia SE - 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 | 2.66 | 2.68 | 1.64 |
| Quick Ratio | 2.52 | 2.56 | 1.52 |
| Cash Ratio | 0.00 | 0.98 | 0.68 |
| Working Capital | Nkr24.62 Million | Nkr 21.41 Million | Nkr 10.87 Million |
Petrolia SE - Advanced Valuation Insights
This section examines the relationship between Petrolia SE'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 | 0.56 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | -5.7% |
| Total Assets | Nkr63.05 Million |
| Market Capitalization | $4.54 Million USD |
Valuation Analysis
Below Book Valuation: The market values Petrolia SE's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Petrolia SE's assets decreased by 5.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Petrolia SE (2007–2024)
The table below shows the annual total assets of Petrolia SE from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr63.05 Million | -5.72% |
| 2023-12-31 | Nkr66.88 Million | +4.73% |
| 2022-12-31 | Nkr63.86 Million | -7.84% |
| 2021-12-31 | Nkr69.30 Million | -2.89% |
| 2020-12-31 | Nkr71.36 Million | +0.11% |
| 2019-12-31 | Nkr71.28 Million | +14.68% |
| 2018-12-31 | Nkr62.16 Million | +0.48% |
| 2017-12-31 | Nkr61.86 Million | -10.72% |
| 2016-12-31 | Nkr69.29 Million | -25.03% |
| 2015-12-31 | Nkr92.43 Million | -46.09% |
| 2014-12-31 | Nkr171.47 Million | -10.89% |
| 2013-12-31 | Nkr192.42 Million | -15.58% |
| 2012-12-31 | Nkr227.94 Million | +14.42% |
| 2011-12-31 | Nkr199.21 Million | -23.87% |
| 2010-12-31 | Nkr261.68 Million | -28.73% |
| 2009-12-31 | Nkr367.15 Million | -64.25% |
| 2008-12-31 | Nkr1.03 Billion | -40.89% |
| 2007-12-31 | Nkr1.74 Billion | -- |