NEL Hydrogen ASA
NEL Hydrogen ASA operates in Real Estate Operating Companies.
NEL Hydrogen ASA (NELO) - Total Assets
Latest total assets as of September 2024: Nkr6.18 Billion NOK
Based on the latest financial reports, NEL Hydrogen ASA (NELO) holds total assets worth Nkr6.18 Billion 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.
NEL Hydrogen ASA - Total Assets Trend (2013–2023)
This chart illustrates how NEL Hydrogen ASA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
NEL Hydrogen ASA - Asset Composition Analysis
Current Asset Composition (December 2023)
NEL Hydrogen ASA's total assets of Nkr6.18 Billion consist of 68.4% current assets and 31.6% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 42.6% |
| Accounts Receivable | Nkr812.41 Million | 10.3% |
| Inventory | Nkr703.99 Million | 9.0% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr639.74 Million | 8.1% |
| Goodwill | Nkr375.31 Million | 4.8% |
Asset Composition Trend (2013–2023)
This chart illustrates how NEL Hydrogen 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: NEL Hydrogen ASA's current assets represent 68.4% of total assets in 2023, a decrease from 97.8% in 2013.
- Cash Position: Cash and equivalents constituted 42.6% of total assets in 2023, down from 75.5% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 0.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 10.3% of total assets.
NEL Hydrogen ASA Competitors by Total Assets
Key competitors of NEL Hydrogen ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MANHATTAN ASSOC
BE:MHT
|
Germany | €698.14 Million |
|
TV BROADCAST
MU:TBCN
|
Germany | €6.25 Billion |
|
FIRST CITIZENS BC A
BE:FC6A
|
Germany | €220.57 Billion |
|
COSTCO WHSL
MU:CTO
|
Germany | €69.83 Billion |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
|
Germany | €1.73 Trillion |
|
BURCKHARDT COMPRE N
MU:B5H
|
Germany | €1.07 Billion |
|
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
|
USA | $886.19 Million |
|
Ellwee AB
ST:ELLWEE
|
Sweden | Skr5.80 Million |
NEL Hydrogen 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 - NEL Hydrogen ASA generates 0.21x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - NEL Hydrogen ASA is currently not profitable relative to its asset base.
NEL Hydrogen 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 | 3.60 | 4.46 | 2.91 |
| Quick Ratio | 3.09 | 3.92 | 2.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr2.45 Billion | Nkr 4.36 Billion | Nkr 649.93 Million |
NEL Hydrogen ASA - Advanced Valuation Insights
This section examines the relationship between NEL Hydrogen 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 13.0% |
| Total Assets | Nkr7.86 Billion |
| Market Capitalization | $1.97K USD |
Valuation Analysis
Below Book Valuation: The market values NEL Hydrogen ASA's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: NEL Hydrogen ASA's assets grew by 13.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for NEL Hydrogen ASA (2013–2023)
The table below shows the annual total assets of NEL Hydrogen ASA from 2013 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | Nkr7.86 Billion | +13.04% |
| 2022-12-31 | Nkr6.95 Billion | +15.71% |
| 2021-12-31 | Nkr6.01 Billion | -2.11% |
| 2020-12-31 | Nkr6.14 Billion | +152.47% |
| 2019-12-31 | Nkr2.43 Billion | +25.01% |
| 2018-12-31 | Nkr1.94 Billion | +10.18% |
| 2017-12-31 | Nkr1.76 Billion | +131.34% |
| 2016-12-31 | Nkr762.87 Million | -6.47% |
| 2015-12-31 | Nkr815.65 Million | +241.02% |
| 2014-12-31 | Nkr239.18 Million | +1471.03% |
| 2013-12-31 | Nkr15.22 Million | -- |