Magnora ASA

Magnora ASAverified

SVMRF

Price:

$2.15

Market Cap:

$1.27B

Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar PV projects. The company also hold license agreements with the Dana Western Isles and Shell Penguins FPSO. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.

Industry

Renewable Utilities

IPO Date

2008-06-25

Stock Exchange

OTC

Ticker

SVMRF

The Current Ratio as of December 2025 (TTM) for Magnora ASA (SVMRF) is 2.24

According to Magnora ASA’s latest financial reports and current stock price. The company's current Current Ratio is 2.24. This represents a change of 9.41% compared to the average of 2.05 of the last 4 quarters.

Magnora ASA (SVMRF) Historical Current Ratio (quarterly & annually)

How has SVMRF Current Ratio performed in the past?

The mean historical Current Ratio of Magnora ASA over the last ten years is 5.50. The current 2.24 Current Ratio has changed 3.97% with respect to the historical average. Over the past ten years (40 quarters), SVMRF's Current Ratio was at its highest in in the September 2020 quarter at 66.45. The Current Ratio was at its lowest in in the June 2022 quarter at 0.54.

Quarterly (TTM)
Annual

Average

5.50

Median

5.56

Minimum

1.64

Maximum

11.40

Magnora ASA (SVMRF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Magnora ASA Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 217.39%

Maximum Annual Current Ratio = 11.40

Minimum Annual Increase = -78.01%

Minimum Annual Current Ratio = 1.64

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.64-78.01%
20237.46217.39%
20222.35-53.06%
20215.00-56.10%
202011.4018.20%
20199.6430.82%
20187.3720.46%
20176.12175.58%
20162.2225.30%
20151.77-26.60%

Magnora ASA (SVMRF) Average Current Ratio

How has SVMRF Current Ratio performed in the past?

The current Current Ratio of Magnora ASA (SVMRF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.82

5-year avg

5.57

10-year avg

5.50

Magnora ASA (SVMRF) Current Ratio vs. Peers

How is SVMRF’s Current Ratio compared to its peers?

Magnora ASA’s Current Ratio is less than Invinity Energy Systems plc (6.70), greater than Concord New Energy Group Limited (1.08), less than GCL New Energy Holdings Limited (2.75), greater than Tidewater Renewables Ltd. (1.52), less than Westbridge Renewable Energy Corp. (13.93), greater than Azure Power Global Limited (1.46), less than Polaris Renewable Energy Inc. (4.01), greater than Energy World Corporation Ltd (0.51), greater than Green Impact Partners Inc. (0.97), greater than Ampeak Energy Ltd. (1.12),

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