Techstep ASA (TECH) - Total Assets
Based on the latest financial reports, Techstep ASA (TECH) holds total assets worth Nkr1.14 Billion NOK (≈ $119.52 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.
Techstep ASA - Total Assets Trend (2004–2024)
This chart illustrates how Techstep ASA's total assets have evolved over time, based on quarterly financial data. Also see TECH market cap overview for the company's overall valuation and market capitalisation.
Techstep ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
Techstep ASA's total assets of Nkr1.14 Billion consist of 17.6% current assets and 82.4% non-current assets. Review debt load of Techstep ASA to assess the company's total debt and financial obligations.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr30.78 Million | 2.3% |
| Accounts Receivable | Nkr134.75 Million | 11.4% |
| Inventory | Nkr4.66 Million | 0.4% |
| Property, Plant & Equipment | Nkr199.41 Million | 16.9% |
| Intangible Assets | Nkr124.66 Million | 10.6% |
| Goodwill | Nkr632.11 Million | 53.7% |
Asset Composition Trend (2004–2024)
This chart illustrates how Techstep 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. See TECH stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Techstep ASA's current assets represent 17.6% of total assets in 2024, a decrease from 53.9% in 2004.
- Cash Position: Cash and equivalents constituted 2.3% of total assets in 2024, down from 47.8% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 63.0% of total assets, an increase from 4.0% in 2004.
- Asset Diversification: The largest asset category is goodwill at 53.7% of total assets.
Techstep ASA Competitors by Total Assets
Key competitors of Techstep ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Yangtze Optical Fibre and Cable Joint Stock Ltd Co
SHG:601869
|
China | CN¥36.36 Billion |
|
Advanced Fiber Resources Zhuhai Ltd
SHE:300620
|
China | CN¥3.87 Billion |
|
Fujian Star Net Communic Ltd
SHE:002396
|
China | CN¥16.89 Billion |
|
Jorjin Technologies
TWO:4980
|
Taiwan | NT$866.83 Million |
|
Comunication Weaver Co.Ltd
KQ:056360
|
Korea | ₩180.99 Billion |
|
Wi2Wi Corporation
V:YTY
|
Canada | CA$8.56 Million |
|
Elsight Ltd
AU:ELS
|
Australia | AU$64.17 Million |
|
Mayfield Group Holdings Ltd
AU:MYG
|
Australia | AU$65.95 Million |
Techstep 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 | 0.46 | 0.43 | 0.78 |
| Quick Ratio | 0.46 | 0.42 | 0.71 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr-204.28 Million | Nkr-246.41 Million | Nkr-62.32 Million |
Techstep ASA - Advanced Valuation Insights
This section examines the relationship between Techstep 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 | 0.77 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -7.4% |
| Total Assets | Nkr1.18 Billion |
| Market Capitalization | $11.15 Million USD |
Valuation Analysis
Below Book Valuation: The market values Techstep ASA's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Techstep ASA's assets decreased by 7.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Techstep ASA (2004–2024)
The table below shows the annual total assets of Techstep ASA from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr1.18 Billion ≈ $123.89 Million |
-7.35% |
| 2023-12-31 | Nkr1.27 Billion ≈ $133.72 Million |
-3.97% |
| 2022-12-31 | Nkr1.32 Billion ≈ $139.25 Million |
+0.66% |
| 2021-12-31 | Nkr1.31 Billion ≈ $138.34 Million |
+9.63% |
| 2020-12-31 | Nkr1.20 Billion ≈ $126.18 Million |
+46.74% |
| 2019-12-31 | Nkr817.19 Million ≈ $85.99 Million |
+3.71% |
| 2018-12-31 | Nkr787.95 Million ≈ $82.92 Million |
+2.94% |
| 2017-12-31 | Nkr765.48 Million ≈ $80.55 Million |
+50.56% |
| 2016-12-31 | Nkr508.41 Million ≈ $53.50 Million |
+1283.05% |
| 2015-12-31 | Nkr36.76 Million ≈ $3.87 Million |
-56.50% |
| 2014-12-31 | Nkr84.51 Million ≈ $8.89 Million |
-5.54% |
| 2013-12-31 | Nkr89.46 Million ≈ $9.41 Million |
+10.68% |
| 2012-12-31 | Nkr80.83 Million ≈ $8.51 Million |
-24.89% |
| 2011-12-31 | Nkr107.61 Million ≈ $11.32 Million |
-31.67% |
| 2010-12-31 | Nkr157.49 Million ≈ $16.57 Million |
-25.80% |
| 2009-12-31 | Nkr212.25 Million ≈ $22.33 Million |
-24.91% |
| 2008-12-31 | Nkr282.65 Million ≈ $29.74 Million |
+39.67% |
| 2006-12-31 | Nkr202.37 Million ≈ $21.30 Million |
+8.60% |
| 2005-12-31 | Nkr186.36 Million ≈ $19.61 Million |
+49.04% |
| 2004-12-31 | Nkr125.04 Million ≈ $13.16 Million |
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About Techstep ASA
Techstep ASA operates as a mobile technology company in Norway, Sweden, Denmark, and Poland. It offers device lifecycle management; mobile data capture and workflow; mobile device management; procurement, logistics, and lifecycle; and mobile technology consultancy solutions. The company also provides mobile devices and accessories; and device management and security products. Techstep ASA has a s… Read more