Zwipe AS
Zwipe AS provides biometric card-based access control security solutions to enterprises and facilities in Norway and internationally. The company provides Zwipe Pay, a biometric payment card platform for card manufacturers to deliver their own biometric payment cards; Zwipe Open, a platform for a Biometric System-on-Card, based on GlobalPlatform and Java Card; and Zwipe Access, an advanced biomet… Read more
Zwipe AS (ZWIPE) - Total Assets
Latest total assets as of June 2024: Nkr53.68 Million NOK
Based on the latest financial reports, Zwipe AS (ZWIPE) holds total assets worth Nkr53.68 Million 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.
Zwipe AS - Total Assets Trend (2015–2023)
This chart illustrates how Zwipe AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zwipe AS - Asset Composition Analysis
Current Asset Composition (December 2023)
Zwipe AS's total assets of Nkr53.68 Million consist of 95.9% current assets and 4.1% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 44.3% |
| Accounts Receivable | Nkr66.00K | 0.1% |
| Inventory | Nkr23.86 Million | 25.1% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2015–2023)
This chart illustrates how Zwipe 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: Zwipe AS's current assets represent 95.9% of total assets in 2023, an increase from 85.3% in 2015.
- Cash Position: Cash and equivalents constituted 44.3% of total assets in 2023, down from 76.3% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 12.0% in 2015.
- Asset Diversification: The largest asset category is inventory at 25.1% of total assets.
Zwipe AS Competitors by Total Assets
Key competitors of Zwipe AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Zwipe 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 - Zwipe AS generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Zwipe AS is currently not profitable relative to its asset base.
Zwipe 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 | 2.18 | 7.20 | 3.31 |
| Quick Ratio | 1.15 | 6.07 | 3.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr26.98 Million | Nkr 81.00 Million | Nkr 70.30 Million |
Zwipe AS - Advanced Valuation Insights
This section examines the relationship between Zwipe 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 | 0.23 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 40.8% |
| Total Assets | Nkr95.24 Million |
| Market Capitalization | $180.81K USD |
Valuation Analysis
Below Book Valuation: The market values Zwipe AS's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Zwipe AS's assets grew by 40.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Zwipe AS (2015–2023)
The table below shows the annual total assets of Zwipe AS from 2015 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | Nkr95.24 Million | +40.80% |
| 2022-12-31 | Nkr67.64 Million | -57.76% |
| 2021-12-31 | Nkr160.13 Million | +21.95% |
| 2020-12-31 | Nkr131.31 Million | +18.47% |
| 2019-12-31 | Nkr110.84 Million | +276.11% |
| 2018-12-31 | Nkr29.47 Million | -58.65% |
| 2017-12-31 | Nkr71.27 Million | +89.53% |
| 2016-12-31 | Nkr37.60 Million | -23.75% |
| 2015-12-31 | Nkr49.31 Million | -- |