Norse Energy ASA (OSL:NEC) Total Assets : kr1.28 Mil (As of Sep. 2013)

Norse Energy ASA Total Assets Chart

Norse Energy ASA Annual Data
	Trend	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
Total Assets		Get a 7-Day Free Trial				2,792.88	2,710.45	974.49	426.87	51.85

Norse Energy ASA Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Total Assets	Get a 7-Day Free Trial															64.50	51.85	48.40	59.35	1.28

Norse Energy ASA 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.

Norse Energy ASA's Total Assets for the fiscal year that ended in Dec. 2012 is calculated as

Norse Energy ASA's Total Assets for the quarter that ended in Sep. 2013 is calculated as

* 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.

Norse Energy ASA  (OSL:NEC) Total Assets Explanation

Total Assets is connected with ROA %.

Norse Energy ASA's annualized ROA % for the quarter that ended in Sep. 2013 is

Note: The Net Income data used here is four times the quarterly (Sep. 2013) 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.

Norse Energy ASA's Asset Turnover for the quarter that ended in Sep. 2013 is

* 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.

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.

Norse Energy ASA Total Assets Related Terms

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Norse Energy ASA (OSL:NEC) Business Description