Volue AS
Volue ASA, together with its subsidiaries, engages in the provision of software and technology solutions for the energy, power grid, and infrastructure markets worldwide. It operates through three segments: Energy, Power Grid, and Infrastructure. The Energy segment offers software solutions and consulting services related to forecasting and optimization of the different energy markets that enable… Read more
Volue AS (VOLUE) - Total Assets
Latest total assets as of June 2024: Nkr2.01 Billion NOK
Based on the latest financial reports, Volue AS (VOLUE) holds total assets worth Nkr2.01 Billion NOK as of June 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.
Volue AS - Total Assets Trend (2018–2023)
This chart illustrates how Volue AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Volue AS - Asset Composition Analysis
Current Asset Composition (December 2023)
Volue AS's total assets of Nkr2.01 Billion consist of 38.3% current assets and 61.7% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 7.3% |
| Accounts Receivable | Nkr386.08 Million | 18.2% |
| Inventory | Nkr29.87 Million | 1.4% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr617.67 Million | 29.0% |
| Goodwill | Nkr484.60 Million | 22.8% |
Asset Composition Trend (2018–2023)
This chart illustrates how Volue 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: Volue AS's current assets represent 38.3% of total assets in 2023, a decrease from 73.3% in 2018.
- Cash Position: Cash and equivalents constituted 7.3% of total assets in 2023, down from 12.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 51.0% of total assets, an increase from 21.0% in 2018.
- Asset Diversification: The largest asset category is intangible assets at 29.0% of total assets.
Volue AS Competitors by Total Assets
Key competitors of Volue AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Glidelogic Corp.
PINK:GDLG
|
USA | $4.87K |
|
Mojo Data Solutions Inc
PINK:MJDS
|
USA | $1.66K |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
|
Montnets Cloud Technology Group Co Ltd
SHE:002123
|
China | CN¥3.29 Billion |
|
Beijing Shiji Information Technology Co Ltd
SHE:002153
|
China | CN¥9.36 Billion |
Volue 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
Moderate asset utilization - Volue AS generates 0.70x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Volue AS generates $ 1.69 in net profit.
Volue 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 | 0.89 | 0.78 | 1.02 |
| Quick Ratio | 0.84 | 0.75 | 0.93 |
| Cash Ratio | 0.00 | 0.34 | 0.00 |
| Working Capital | Nkr-82.51 Million | Nkr -238.65 Million | Nkr 10.00 Million |
Volue AS - Advanced Valuation Insights
This section examines the relationship between Volue 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 | 6.59 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 14.3% |
| Total Assets | Nkr2.13 Billion |
| Market Capitalization | $183.80 Million USD |
Valuation Analysis
Below Book Valuation: The market values Volue AS's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Volue AS's assets grew by 14.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Volue AS (2018–2023)
The table below shows the annual total assets of Volue AS from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | Nkr2.13 Billion | +14.33% |
| 2022-12-31 | Nkr1.86 Billion | +6.55% |
| 2021-12-31 | Nkr1.75 Billion | +18.57% |
| 2020-12-31 | Nkr1.47 Billion | +58.87% |
| 2019-12-31 | Nkr927.00 Million | -13.81% |
| 2018-12-31 | Nkr1.08 Billion | -- |