Ultimovacs ASA
Ultimovacs ASA, a biotech company, develops immunotherapies against cancers in Norway. Its lead product candidate is UV1, a peptide-based therapeutic cancer vaccine that induces a specific T cell response against the pan-tumor antigen telomerase. Ultimovacs ASA was incorporated in 2011 and is headquartered in Oslo, Norway.
Ultimovacs ASA (ULTI) - Total Assets
Latest total assets as of December 2024: Nkr115.86 Million NOK
Based on the latest financial reports, Ultimovacs ASA (ULTI) holds total assets worth Nkr115.86 Million NOK as of December 2024.
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.
Ultimovacs ASA - Total Assets Trend (2016–2024)
This chart illustrates how Ultimovacs ASA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ultimovacs ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
Ultimovacs ASA's total assets of Nkr115.86 Million consist of 98.3% current assets and 1.7% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 92.7% |
| Accounts Receivable | Nkr0.00 | 0.0% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Ultimovacs 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: Ultimovacs ASA's current assets represent 98.3% of total assets in 2024, an increase from 94.6% in 2016.
- Cash Position: Cash and equivalents constituted 92.7% of total assets in 2024, up from 87.5% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 4.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Ultimovacs ASA Competitors by Total Assets
Key competitors of Ultimovacs ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MedPacto Inc
KQ:235980
|
Korea | ₩51.58 Billion |
|
2H0
F:2H0
|
Germany | €15.27 Million |
|
Shenzhen CAU Technology Co Ltd
SHE:000004
|
China | CN¥260.55 Million |
|
Pacific Shuanglin Bio pharmacy Co Ltd
SHE:000403
|
China | CN¥9.58 Billion |
|
Nanhua Bio Medicine Co Ltd
SHE:000504
|
China | CN¥841.96 Million |
|
Jiangsu Sihuan Bioengineering Co Ltd
SHE:000518
|
China | CN¥509.14 Million |
|
Chengzhi Shareholding Co Ltd
SHE:000990
|
China | CN¥27.52 Billion |
|
Hualan Biological EngineeringInc
SHE:002007
|
China | CN¥16.27 Billion |
Ultimovacs 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 - Ultimovacs ASA generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ultimovacs ASA is currently not profitable relative to its asset base.
Ultimovacs 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 | 3.62 | 4.85 | 19.29 |
| Quick Ratio | 3.62 | 4.85 | 19.29 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr82.36 Million | Nkr 216.01 Million | Nkr 357.77 Million |
Ultimovacs ASA - Advanced Valuation Insights
This section examines the relationship between Ultimovacs 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 | 3.52 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -66.8% |
| Total Assets | Nkr115.86 Million |
| Market Capitalization | $6.19 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ultimovacs ASA's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ultimovacs ASA's assets decreased by 66.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ultimovacs ASA (2016–2024)
The table below shows the annual total assets of Ultimovacs ASA from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr115.86 Million | -66.81% |
| 2023-12-31 | Nkr349.04 Million | -31.52% |
| 2022-12-31 | Nkr509.67 Million | -22.25% |
| 2021-12-31 | Nkr655.54 Million | +23.75% |
| 2020-12-31 | Nkr529.72 Million | +10.81% |
| 2019-12-31 | Nkr478.04 Million | +151.79% |
| 2018-12-31 | Nkr189.86 Million | +6.17% |
| 2017-12-31 | Nkr178.82 Million | +116.42% |
| 2016-12-31 | Nkr82.63 Million | -- |