Spir Group ASA (SPIR) - Total Assets
Based on the latest financial reports, Spir Group ASA (SPIR) holds total assets worth Nkr2.31 Billion NOK (≈ $243.18 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. See Spir Group ASA (SPIR) shareholders funds for net asset value and shareholders' equity analysis.
Spir Group ASA - Total Assets Trend (2019–2024)
This chart illustrates how Spir Group ASA's total assets have evolved over time, based on quarterly financial data.
Spir Group ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
Spir Group ASA's total assets of Nkr2.31 Billion consist of 8.0% current assets and 92.0% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr31.41 Million | 1.3% |
| Accounts Receivable | Nkr110.00 Million | 4.6% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr84.72 Million | 3.5% |
| Intangible Assets | Nkr895.24 Million | 37.3% |
| Goodwill | Nkr1.18 Billion | 49.4% |
Asset Composition Trend (2019–2024)
This chart illustrates how Spir Group 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 Spir Group ASA market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Spir Group ASA's current assets represent 8.0% of total assets in 2024, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 1.3% of total assets in 2024, down from 100.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 86.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 49.4% of total assets.
Spir Group ASA Competitors by Total Assets
Key competitors of Spir Group ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hand Enterprise Solutions Co
SHE:300170
|
China | CN¥6.48 Billion |
|
Shenzhen Farben Information Technology Co.Ltd.
SHE:300925
|
China | CN¥3.19 Billion |
|
init innovation in traffic systems SE
F:IXX
|
Germany | €311.37 Million |
|
Zhejiang Whyis Technology Co.Ltd.
SHE:301218
|
China | CN¥1.57 Billion |
|
Credit Clear Ltd
AU:CCR
|
Australia | AU$85.36 Million |
|
Pivotree Inc
V:PVT
|
Canada | CA$56.69 Million |
|
Cosol Ltd
AU:COS
|
Australia | AU$126.91 Million |
|
Siili Solutions Oyj
HE:SIILI
|
Finland | €76.64 Million |
Spir Group 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 | 1.15 | 0.54 | 1.94 |
| Quick Ratio | 1.15 | 0.54 | 1.94 |
| Cash Ratio | 0.33 | 0.00 | 0.00 |
| Working Capital | Nkr38.30 Million | Nkr-214.79 Million | Nkr77.37 Million |
Spir Group ASA - Advanced Valuation Insights
This section examines the relationship between Spir Group 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 | 0.68 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 11.8% |
| Total Assets | Nkr2.40 Billion |
| Market Capitalization | $119.48 Million USD |
Valuation Analysis
Below Book Valuation: The market values Spir Group ASA's assets below their book value (0.05x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Spir Group ASA's assets grew by 11.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Spir Group ASA (2019–2024)
The table below shows the annual total assets of Spir Group ASA from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr2.40 Billion ≈ $252.38 Million |
+11.79% |
| 2023-12-31 | Nkr2.15 Billion ≈ $225.77 Million |
-2.94% |
| 2022-12-31 | Nkr2.21 Billion ≈ $232.62 Million |
+38.14% |
| 2021-12-31 | Nkr1.60 Billion ≈ $168.39 Million |
+255.06% |
| 2020-12-31 | Nkr450.70 Million ≈ $47.43 Million |
+1502230.00% |
| 2019-12-31 | Nkr30.00K ≈ $3.16K |
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About Spir Group ASA
Spir Group ASA provides software solutions in Norway, Sweden, and internationally. The company offers Samsvar, a system that helps consumers keep track of legal requirements related to privacy and information security; PixEdit, a software for automating the processing of scanning, data capture, digitalization and optimization, interactive editing, and converting all types of files/documents; Elem… Read more