SmartCraft ASA (SMCRT) - Total Assets
Based on the latest financial reports, SmartCraft ASA (SMCRT) holds total assets worth Nkr1.28 Billion NOK (≈ $134.40 Million USD) 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. Check SmartCraft ASA total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
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. Check SMCRT cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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. For live market cap, price, and company overview, see how much is SmartCraft ASA worth.
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 |
|---|---|---|
|
Technology One Ltd
AU:TNE
|
Australia | AU$891.40 Million |
|
TaTaTu SpA
PA:ALTTU
|
France | €87.76 Million |
|
ZINKA LOGISTICS SOL LTD
NSE:BLACKBUCK
|
India | Rs17.36 Billion |
|
Fujian Boss Software Development Co Ltd
SHE:300525
|
China | CN¥4.27 Billion |
|
Fujian Apex Software Co Ltd
SHG:603383
|
China | CN¥1.84 Billion |
|
Beijing Dataway Horizon Co. Ltd
SHE:301169
|
China | CN¥647.55 Million |
|
Linewell Software Co Ltd
SHG:603636
|
China | CN¥5.51 Billion |
|
Shanghai Baosight Software Co Ltd B
SHG:900926
|
China | $22.90 Billion |
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 | 0.25 |
| Asset Growth Rate (YoY) | 16.5% |
| Total Assets | Nkr1.28 Billion |
| Market Capitalization | $320.74 Million USD |
Valuation Analysis
Below Book Valuation: The market values SmartCraft ASA's assets below their book value (0.25x), 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 ≈ $134.80 Million |
+16.49% |
| 2023-12-31 | Nkr1.10 Billion ≈ $115.73 Million |
+12.97% |
| 2022-12-31 | Nkr973.53 Million ≈ $102.44 Million |
+9.85% |
| 2021-12-31 | Nkr886.26 Million ≈ $93.26 Million |
+28.29% |
| 2020-12-31 | Nkr690.85 Million ≈ $72.70 Million |
+31.43% |
| 2019-12-31 | Nkr525.64 Million ≈ $55.31 Million |
+25.20% |
| 2018-12-31 | Nkr419.83 Million ≈ $44.18 Million |
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About 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