Skandia Greenpower AS
Skandia GreenPower AS, together with its subsidiaries, provides electricity and energy-saving services in Norway. The company offers its services under the SkandiaEnergi, SagaEnergi, Motkraft, and Elkompis brands. It also provides software under the Skandia Smarthus brand. Skandia GreenPower AS was incorporated in 2015 and is based in Kristiansand, Norway.
Skandia Greenpower AS (SKAND) - Total Assets
Latest total assets as of June 2025: Nkr188.52 Million NOK
Based on the latest financial reports, Skandia Greenpower AS (SKAND) holds total assets worth Nkr188.52 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.
Skandia Greenpower AS - Total Assets Trend (2017–2024)
This chart illustrates how Skandia Greenpower AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Skandia Greenpower AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Skandia Greenpower AS's total assets of Nkr188.52 Million consist of 51.0% current assets and 49.0% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr58.72 Million | 23.3% |
| Accounts Receivable | Nkr66.17 Million | 26.3% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr61.93K | 0.0% |
| Intangible Assets | Nkr79.14 Million | 31.5% |
| Goodwill | Nkr8.53 Million | 3.4% |
Asset Composition Trend (2017–2024)
This chart illustrates how Skandia Greenpower 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: Skandia Greenpower AS's current assets represent 51.0% of total assets in 2024, a decrease from 64.6% in 2017.
- Cash Position: Cash and equivalents constituted 23.3% of total assets in 2024, down from 38.9% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 34.0% of total assets, an increase from 26.0% in 2017.
- Asset Diversification: The largest asset category is intangible assets at 31.5% of total assets.
Skandia Greenpower AS Competitors by Total Assets
Key competitors of Skandia Greenpower 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 |
Skandia Greenpower 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
Strong asset utilization - Skandia Greenpower AS generates 1.22x 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, Skandia Greenpower AS generates $5.39 in net profit.
Skandia Greenpower 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 | 0.91 | 1.01 | 0.38 |
| Quick Ratio | 0.91 | 1.01 | 0.38 |
| Cash Ratio | 0.00 | 0.33 | 0.00 |
| Working Capital | Nkr-7.08 Million | Nkr 459.10K | Nkr -30.57 Million |
Skandia Greenpower AS - Advanced Valuation Insights
This section examines the relationship between Skandia Greenpower 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 | 2.11 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 67.5% |
| Total Assets | Nkr251.59 Million |
| Market Capitalization | $8.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values Skandia Greenpower AS's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Skandia Greenpower AS's assets grew by 67.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Skandia Greenpower AS (2017–2024)
The table below shows the annual total assets of Skandia Greenpower AS from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr251.59 Million | +67.49% |
| 2023-12-31 | Nkr150.21 Million | -42.13% |
| 2022-12-31 | Nkr259.57 Million | -20.42% |
| 2021-12-31 | Nkr326.17 Million | +331.59% |
| 2020-12-31 | Nkr75.57 Million | -28.08% |
| 2019-12-31 | Nkr105.08 Million | -1.42% |
| 2018-12-31 | Nkr106.59 Million | +95.93% |
| 2017-12-31 | Nkr54.40 Million | -- |