Nokia
Nokia Oyj, together with its subsidiaries, provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, Asia Pacific, Europe, the Middle East, and Africa. It operates in four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. The company offers fixed network solutions, such as fiber and copper technologie… Read more
Nokia (NOKIA-SEK) - Total Assets
Latest total assets as of December 2025: Skr37.56 Billion SEK
Based on the latest financial reports, Nokia (NOKIA-SEK) holds total assets worth Skr37.56 Billion SEK as of December 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.
Nokia - Total Assets Trend (1995–2025)
This chart illustrates how Nokia’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nokia - Asset Composition Analysis
Current Asset Composition (December 2025)
Nokia's total assets of Skr37.56 Billion consist of 42.0% current assets and 58.0% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 14.5% |
| Accounts Receivable | Skr6.81 Billion | 18.1% |
| Inventory | Skr2.21 Billion | 5.9% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr1.40 Billion | 3.7% |
| Goodwill | Skr5.99 Billion | 16.0% |
Asset Composition Trend (1995–2025)
This chart illustrates how Nokia'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: Nokia's current assets represent 42.0% of total assets in 2025, a decrease from 72.4% in 1995.
- Cash Position: Cash and equivalents constituted 14.5% of total assets in 2025, up from 12.9% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, an increase from 4.0% in 1995.
- Asset Diversification: The largest asset category is accounts receivable at 18.1% of total assets.
Nokia Competitors by Total Assets
Key competitors of Nokia based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gaon Cable
KO:000500
|
Korea | ₩1.26 Trillion |
|
Addsino Co Ltd
SHE:000547
|
China | CN¥10.22 Billion |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
China | CN¥612.88 Million |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
China | CN¥2.40 Billion |
|
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801
|
China | CN¥7.33 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851
|
China | CN¥4.48 Billion |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
China | CN¥668.07 Million |
Nokia - 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
Moderate asset utilization - Nokia generates 0.53x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Nokia generates $ 1.67 in net profit.
Nokia - 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 | 1.58 | 1.58 | 1.60 |
| Quick Ratio | 1.36 | 1.39 | 1.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr5.78 Billion | Skr 6.59 Billion | Skr 6.81 Billion |
Nokia - Advanced Valuation Insights
This section examines the relationship between Nokia'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 | 1.82 |
| Latest Market Cap to Assets Ratio | 0.80 |
| Asset Growth Rate (YoY) | -4.1% |
| Total Assets | Skr37.56 Billion |
| Market Capitalization | $30.16 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Nokia's assets below their book value (0.80 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Nokia's assets decreased by 4.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Nokia (1995–2025)
The table below shows the annual total assets of Nokia from 1995 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Skr37.56 Billion | -4.05% |
| 2024-12-31 | Skr39.15 Billion | -1.78% |
| 2023-12-31 | Skr39.86 Billion | -7.18% |
| 2022-12-31 | Skr42.94 Billion | +7.23% |
| 2021-12-31 | Skr40.05 Billion | +10.37% |
| 2020-12-31 | Skr36.28 Billion | -7.27% |
| 2019-12-31 | Skr39.13 Billion | -1.01% |
| 2018-12-31 | Skr39.53 Billion | -3.65% |
| 2017-12-31 | Skr41.02 Billion | -8.63% |
| 2016-12-31 | Skr44.90 Billion | +115.14% |
| 2015-12-31 | Skr20.87 Billion | -0.92% |
| 2014-12-31 | Skr21.06 Billion | -16.39% |
| 2013-12-31 | Skr25.19 Billion | -15.89% |
| 2012-12-31 | Skr29.95 Billion | -17.28% |
| 2011-12-31 | Skr36.20 Billion | -7.46% |
| 2010-12-31 | Skr39.12 Billion | +9.47% |
| 2009-12-31 | Skr35.74 Billion | -9.93% |
| 2008-12-31 | Skr39.68 Billion | +5.36% |
| 2007-12-31 | Skr37.66 Billion | +66.50% |
| 2006-12-31 | Skr22.62 Billion | +1.51% |
| 2005-12-31 | Skr22.28 Billion | -1.64% |
| 2004-12-31 | Skr22.65 Billion | -5.13% |
| 2003-12-31 | Skr23.88 Billion | +2.27% |
| 2002-12-31 | Skr23.35 Billion | +3.93% |
| 2001-12-31 | Skr22.47 Billion | +12.64% |
| 2000-12-31 | Skr19.94 Billion | +39.27% |
| 1999-12-31 | Skr14.32 Billion | +43.41% |
| 1998-12-31 | Skr9.99 Billion | +42.71% |
| 1997-12-31 | Skr7.00 Billion | +21.84% |
| 1996-12-31 | Skr5.74 Billion | -1.50% |
| 1995-12-31 | Skr5.83 Billion | -- |