Norsk Titanium AS
Norsk Titanium AS, together with its subsidiaries, engages in 3D printing of metal alloys for commercial aerospace, defense, and industrial sectors in Europe and the United States. The company offers aerospace-grade titanium components by 3D printing them through its additive manufacturing Rapid Plasma Deposition technology. It also sells value-added parts. The company was founded in 2007 and is … Read more
Norsk Titanium AS (NORSF) - Total Assets
Latest total assets as of June 2025: $30.01 Million USD
Based on the latest financial reports, Norsk Titanium AS (NORSF) holds total assets worth $30.01 Million USD as of June 2025.
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.
Norsk Titanium AS - Total Assets Trend (2018–2024)
This chart illustrates how Norsk Titanium AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Norsk Titanium AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Norsk Titanium AS's total assets of $30.01 Million consist of 83.8% current assets and 16.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 57.4% |
| Accounts Receivable | $1.95 Million | 5.0% |
| Inventory | $6.27 Million | 15.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.95 Million | 5.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how Norsk Titanium 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: Norsk Titanium AS's current assets represent 83.8% of total assets in 2024, an increase from 61.3% in 2018.
- Cash Position: Cash and equivalents constituted 57.4% of total assets in 2024, up from 40.4% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 22.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 15.9% of total assets.
Norsk Titanium AS Competitors by Total Assets
Key competitors of Norsk Titanium AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Ligeance Mineral Resources Co Ltd
SHE:000697
|
China | CN¥3.92 Billion |
|
Aecc Aero Engine Control Co Ltd
SHE:000738
|
China | CN¥16.46 Billion |
|
Zhejiang XiaSha Precision
SHE:001316
|
China | CN¥1.42 Billion |
|
Sichuan Haite High-tech Co Ltd
SHE:002023
|
China | CN¥6.80 Billion |
|
Aerospace CH UAV Co Ltd
SHE:002389
|
China | CN¥10.31 Billion |
|
Kuang Chi Technologies Co Ltd
SHE:002625
|
China | CN¥11.38 Billion |
|
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A
SHE:002933
|
China | CN¥2.40 Billion |
|
Beijing Bei Mo Gao Ke Friction Mate
SHE:002985
|
China | CN¥3.82 Billion |
Norsk Titanium 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 - Norsk Titanium AS generates 0.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Norsk Titanium AS is currently not profitable relative to its asset base.
Norsk Titanium 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 | 3.70 | 1.22 | 5.35 |
| Quick Ratio | 2.34 | 1.03 | 4.73 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $17.14 Million | $ 5.74 Million | $ 33.71 Million |
Norsk Titanium AS - Advanced Valuation Insights
This section examines the relationship between Norsk Titanium 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 | 6.81 |
| Latest Market Cap to Assets Ratio | 2.03 |
| Asset Growth Rate (YoY) | 134.7% |
| Total Assets | $39.37 Million |
| Market Capitalization | $79.93 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Norsk Titanium AS's assets at a significant premium ( 2.03x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Norsk Titanium AS's assets grew by 134.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Norsk Titanium AS (2018–2024)
The table below shows the annual total assets of Norsk Titanium AS from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $39.37 Million | +134.72% |
| 2023-12-31 | $16.77 Million | -36.84% |
| 2022-12-31 | $26.56 Million | -36.75% |
| 2021-12-31 | $41.98 Million | +83.08% |
| 2020-12-31 | $22.93 Million | -10.10% |
| 2019-12-31 | $25.51 Million | -46.03% |
| 2018-12-31 | $47.26 Million | -- |