Nilorngruppen AB (FRA:1GG) Total Assets : €53.35 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Nilorngruppen AB Total Assets?

Nilorngruppen AB's Total Assets for the quarter that ended in Mar. 2024 was €53.35 Mil.

Warning Sign:

If a company builds assets at 9.8% a year, faster than its revenue growth rate of 6.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Nilorngruppen AB's average Total Assets Growth Rate was 0.50% per year. During the past 3 years, the average Total Assets Growth Rate was 9.90% per year. During the past 5 years, the average Total Assets Growth Rate was 9.80% per year. During the past 10 years, the average Total Assets Growth Rate was 13.60% per year.

During the past 13 years, Nilorngruppen AB's highest 3-Year average Total Assets Growth Rate was 21.20%. The lowest was -14.10%. And the median was 9.90%.

Total Assets is connected with ROA %. Nilorngruppen AB's annualized ROA % for the quarter that ended in Mar. 2024 was 11.24%. Total Assets is also linked to Revenue through Asset Turnover. Nilorngruppen AB's Asset Turnover for the quarter that ended in Mar. 2024 was 0.41.

Nilorngruppen AB Total Assets Historical Data

The historical data trend for Nilorngruppen AB's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nilorngruppen AB Total Assets Chart

Nilorngruppen AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

39.35

41.51

54.14

55.85

51.66

Nilorngruppen AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															57.20	52.99	52.94	51.66	53.35

Nilorngruppen AB Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Nilorngruppen AB's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	26.356	+	25.302
	=	51.66

Nilorngruppen AB's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	28.47	+	24.877
	=	53.35

Nilorngruppen AB (FRA:1GG) Total Assets Explanation

Total Assets is connected with ROA %.

Nilorngruppen AB's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	5.9	/	( (51.658	+	53.347)	/ 2 )
	=	5.9	/	52.5025
	=	11.24 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Nilorngruppen AB's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	21.414	/	( (51.658	+	53.347)	/ 2 )
=	21.414	/	52.5025
=	0.41

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Nilorngruppen AB Total Assets Related Terms

Thank you for viewing the detailed overview of Nilorngruppen AB's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Nilorngruppen AB (FRA:1GG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nilorngruppen AB (FRA:1GG) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

NIL B:Sweden

Address

Wieslanders vag 3, Box 499, Boras, SWE, 501 13

Website

https://www.nilorn.com

Nilorngruppen AB is a Sweden-based company engaged in the branding, designing, manufacturing, and sale of labels, packaging products, and accessories for clients in the fashion and apparel sector. Its product portfolio consists of Trims, Packaging, and Information labels. Its revenue comes from the information Labels labels product range includes woven labels, printed textile labels, printed hanging labels, and flossed labels. Geographically, the segments of the company are the Nordic region, Other Europe, and Asia, of which key revenue is derived from the operations in the Asian countries. It has a business presence in Sweden, Norway, Finland, Denmark, Germany, Belgium, Italy, Switzerland, France, India, Bangladesh, China, and Pakistan.

Nilorngruppen AB (FRA:1GG) Headlines

No Headlines