Vow Green Metals AS
Vow Green Metals AS engages in the production and sales of biocarbon and other carbon neutral products in Norway. It also provides biomass and biomass waste-streams into biocarbon, bio-oil, and bioenergy. The company serves metallurgical industry. Vow Green Metals AS was incorporated in 2021 and is based in Oslo, Norway. As of June 23, 2025, Vow Green Metals AS was taken private.
Vow Green Metals AS (VGM) - Total Assets
Latest total assets as of December 2024: Nkr436.37 Million NOK
Based on the latest financial reports, Vow Green Metals AS (VGM) holds total assets worth Nkr436.37 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.
Vow Green Metals AS - Total Assets Trend (2020–2024)
This chart illustrates how Vow Green Metals AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vow Green Metals AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Vow Green Metals AS's total assets of Nkr436.37 Million consist of 19.1% current assets and 81.0% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 15.9% |
| Accounts Receivable | Nkr993.00K | 0.2% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr19.01 Million | 4.4% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Vow Green Metals AS'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: Vow Green Metals AS's current assets represent 19.1% of total assets in 2024, a decrease from 100.0% in 2020.
- Cash Position: Cash and equivalents constituted 15.9% of total assets in 2024, down from 100.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 4.4% of total assets.
Vow Green Metals AS Competitors by Total Assets
Key competitors of Vow Green Metals AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Tianying Inc
SHE:000035
|
China | CN¥32.41 Billion |
|
HeiLongJiang Kingland Technology Co Ltd
SHE:000711
|
China | CN¥1.22 Billion |
|
BECE Legend Group Co Ltd
SHE:000803
|
China | CN¥5.22 Billion |
|
Tus-Sound Environmental Resources Co Ltd
SHE:000826
|
China | CN¥18.67 Billion |
|
Wangneng Environment Co Ltd
SHE:002034
|
China | CN¥14.26 Billion |
|
Beijing Orient Landscape Co Ltd
SHE:002310
|
China | CN¥3.37 Billion |
|
JAG Bhd
KLSE:0024
|
Malaysia | RM314.48 Million |
|
Qiaoyin Environmental Tech Co Ltd
SHE:002973
|
China | CN¥8.47 Billion |
Vow Green Metals AS - 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 - Vow Green Metals AS 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 - Vow Green Metals AS is currently not profitable relative to its asset base.
Vow Green Metals AS - 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 | 1.14 | 1.42 | 131.42 |
| Quick Ratio | 1.14 | 1.42 | 131.42 |
| Cash Ratio | 0.00 | 0.00 | 131.42 |
| Working Capital | Nkr10.23 Million | Nkr 13.73 Million | Nkr 148.85 Million |
Vow Green Metals AS - Advanced Valuation Insights
This section examines the relationship between Vow Green Metals AS'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 | 1.02 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 138.2% |
| Total Assets | Nkr436.37 Million |
| Market Capitalization | $3.80 Million USD |
Valuation Analysis
Below Book Valuation: The market values Vow Green Metals AS's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Vow Green Metals AS's assets grew by 138.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Vow Green Metals AS (2020–2024)
The table below shows the annual total assets of Vow Green Metals AS from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr436.37 Million | +138.23% |
| 2023-12-31 | Nkr183.17 Million | +39.12% |
| 2022-12-31 | Nkr131.66 Million | -8.76% |
| 2021-12-31 | Nkr144.30 Million | +480893.43% |
| 2020-12-31 | Nkr30.00K | -- |