Waste Plastic Upcycling AS
WPU - Waste Plastic Upcycling A/S engages in the waste collection and related services in Denmark. It also converts plastic waste into oil. The company was incorporated in 2020 and is based in Fårevejle, Denmark. As of December 20, 2024, WPU - Waste Plastic Upcycling A/S operates as a subsidiary of Vitol S.A.
Waste Plastic Upcycling AS (WPU) - Total Assets
Latest total assets as of September 2024: Nkr156.00 Million NOK
Based on the latest financial reports, Waste Plastic Upcycling AS (WPU) holds total assets worth Nkr156.00 Million NOK as of September 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.
Waste Plastic Upcycling AS - Total Assets Trend (2021–2023)
This chart illustrates how Waste Plastic Upcycling AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Waste Plastic Upcycling AS - Asset Composition Analysis
Current Asset Composition (December 2023)
Waste Plastic Upcycling AS's total assets of Nkr156.00 Million consist of 16.9% current assets and 83.2% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 7.4% |
| Accounts Receivable | Nkr820.54K | 0.5% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr3.86 Million | 2.4% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2021–2023)
This chart illustrates how Waste Plastic Upcycling 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: Waste Plastic Upcycling AS's current assets represent 16.9% of total assets in 2023, a decrease from 23.6% in 2021.
- Cash Position: Cash and equivalents constituted 7.4% of total assets in 2023, up from 0.3% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2021.
- Asset Diversification: The largest asset category is intangible assets at 2.4% of total assets.
Waste Plastic Upcycling AS Competitors by Total Assets
Key competitors of Waste Plastic Upcycling 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 |
Waste Plastic Upcycling 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 - Waste Plastic Upcycling 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 - Waste Plastic Upcycling AS is currently not profitable relative to its asset base.
Waste Plastic Upcycling 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 | 0.41 | 0.19 | 0.37 |
| Quick Ratio | 0.41 | 0.18 | 0.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr-19.68 Million | Nkr -57.50 Million | Nkr -22.55 Million |
Waste Plastic Upcycling AS - Advanced Valuation Insights
This section examines the relationship between Waste Plastic Upcycling 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 | 75.80 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 50.8% |
| Total Assets | Nkr161.22 Million |
| Market Capitalization | $12.59K USD |
Valuation Analysis
Below Book Valuation: The market values Waste Plastic Upcycling AS's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Waste Plastic Upcycling AS's assets grew by 50.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Waste Plastic Upcycling AS (2021–2023)
The table below shows the annual total assets of Waste Plastic Upcycling AS from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | Nkr161.22 Million | +50.84% |
| 2022-12-31 | Nkr106.88 Million | +501.13% |
| 2021-12-31 | Nkr17.78 Million | -- |