SmartCraft ASA
SmartCraft ASA provides software solutions to the construction industry in Norway, Sweden, Finland, and the United Kingdom. The company offers software, including Cordel, a SaaS solution; Bygglet, a SaaS born in the cloud solution; EL-VIS, a modular solution comprising services in the electricians' daily operations; and Congrid, a cloud-based tool for project management. It also provides Kvalitet… Read more
SmartCraft ASA (SMCRT) - Total Assets
Latest total assets as of June 2025: Nkr1.28 Billion NOK
Based on the latest financial reports, SmartCraft ASA (SMCRT) holds total assets worth Nkr1.28 Billion 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.
SmartCraft ASA - Total Assets Trend (2018–2024)
This chart illustrates how SmartCraft ASA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SmartCraft ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
SmartCraft ASA's total assets of Nkr1.28 Billion consist of 15.9% current assets and 84.1% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr122.76 Million | 9.8% |
| Accounts Receivable | Nkr67.61 Million | 5.3% |
| Inventory | Nkr167.00K | 0.0% |
| Property, Plant & Equipment | Nkr40.27 Million | 3.1% |
| Intangible Assets | Nkr360.10 Million | 28.1% |
| Goodwill | Nkr676.33 Million | 52.8% |
Asset Composition Trend (2018–2024)
This chart illustrates how SmartCraft 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: SmartCraft ASA's current assets represent 15.9% of total assets in 2024, an increase from 9.8% in 2018.
- Cash Position: Cash and equivalents constituted 9.8% of total assets in 2024, up from 6.4% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 80.0% of total assets, a decrease from 88.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 52.8% of total assets.
SmartCraft ASA Competitors by Total Assets
Key competitors of SmartCraft ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
SmartCraft 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
Lower asset utilization - SmartCraft ASA generates 0.40x 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, SmartCraft ASA generates $8.27 in net profit.
SmartCraft 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 | 0.86 | 0.70 | 0.64 |
| Quick Ratio | 0.86 | 0.70 | 0.64 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr-34.76 Million | Nkr -73.16 Million | Nkr -55.37 Million |
SmartCraft ASA - Advanced Valuation Insights
This section examines the relationship between SmartCraft 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 | 4.34 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 16.5% |
| Total Assets | Nkr1.28 Billion |
| Market Capitalization | $115.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values SmartCraft ASA's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: SmartCraft ASA's assets grew by 16.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for SmartCraft ASA (2018–2024)
The table below shows the annual total assets of SmartCraft ASA from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr1.28 Billion | +16.49% |
| 2023-12-31 | Nkr1.10 Billion | +12.97% |
| 2022-12-31 | Nkr973.53 Million | +9.85% |
| 2021-12-31 | Nkr886.26 Million | +28.29% |
| 2020-12-31 | Nkr690.85 Million | +31.43% |
| 2019-12-31 | Nkr525.64 Million | +25.20% |
| 2018-12-31 | Nkr419.83 Million | -- |