Akastor ASA
Akastor ASA operates as an oilfield services investment company in Norway and internationally. It operates HMH, AKOFS Offshore, DDW Offshore, and Other holdings. The company offers vessel-based subsea well construction and intervention services to the oil and gas industry. Its HMH segments offer delivery capabilities, capital, renowned industry expertise and delivers the full range of offshore dr… Read more
Akastor ASA (AKKVF) - Total Assets
Latest total assets as of June 2025: $6.21 Billion USD
Based on the latest financial reports, Akastor ASA (AKKVF) holds total assets worth $6.21 Billion 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.
Akastor ASA - Total Assets Trend (2005–2024)
This chart illustrates how Akastor ASA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Akastor ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
Akastor ASA's total assets of $6.21 Billion consist of 12.5% current assets and 87.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| Accounts Receivable | $377.00 Million | 5.6% |
| Inventory | $12.00 Million | 0.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Akastor ASA'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: Akastor ASA's current assets represent 12.5% of total assets in 2024, a decrease from 72.4% in 2005.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, down from 25.7% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 17.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 5.6% of total assets.
Akastor ASA Competitors by Total Assets
Key competitors of Akastor ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Akastor ASA - 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 - Akastor ASA generates 0.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Akastor ASA generates $ 24.66 in net profit.
Akastor ASA - 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 | 2.19 | 1.80 | 1.31 |
| Quick Ratio | 2.19 | 1.80 | 1.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $302.00 Million | $ 282.00 Million | $ 962.00 Million |
Akastor ASA - Advanced Valuation Insights
This section examines the relationship between Akastor ASA'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 | 0.60 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 10.8% |
| Total Assets | $6.70 Billion |
| Market Capitalization | $54.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values Akastor ASA's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Akastor ASA's assets grew by 10.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Akastor ASA (2005–2024)
The table below shows the annual total assets of Akastor ASA from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $6.70 Billion | +10.85% |
| 2023-12-31 | $6.05 Billion | -11.11% |
| 2022-12-31 | $6.80 Billion | -5.66% |
| 2021-12-31 | $7.21 Billion | -21.15% |
| 2020-12-31 | $9.15 Billion | -13.53% |
| 2019-12-31 | $10.58 Billion | +17.47% |
| 2018-12-31 | $9.01 Billion | -12.81% |
| 2017-12-31 | $10.33 Billion | -19.70% |
| 2016-12-31 | $12.86 Billion | -37.38% |
| 2015-12-31 | $20.54 Billion | -15.94% |
| 2014-12-31 | $24.43 Billion | -49.27% |
| 2013-12-31 | $48.16 Billion | +19.75% |
| 2012-12-31 | $40.22 Billion | +17.89% |
| 2011-12-31 | $34.11 Billion | -14.76% |
| 2010-12-31 | $40.02 Billion | +0.24% |
| 2009-12-31 | $39.93 Billion | -6.55% |
| 2008-12-31 | $42.72 Billion | +49.82% |
| 2007-12-31 | $28.52 Billion | -9.17% |
| 2006-12-31 | $31.40 Billion | +19.40% |
| 2005-12-31 | $26.30 Billion | -- |