Panoro Energy ASA
Panoro Energy ASA, an independent exploration and production company, engages in the exploration, development, and production of oil and gas properties in Africa. It holds assets in Equatorial Guinea, Gabon, Tunisia, and South Africa. The company was incorporated in 2009 and is based in Oslo, Norway.
Panoro Energy ASA (1PZ) - Net Assets
Latest net assets as of September 2025: €238.32 Million EUR
Based on the latest financial reports, Panoro Energy ASA (1PZ) has net assets worth €238.32 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€674.69 Million) and total liabilities (€436.37 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €238.32 Million |
| % of Total Assets | 35.32% |
| Annual Growth Rate | 7.79% |
| 5-Year Change | 297.84% |
| 10-Year Change | 149.9% |
| Growth Volatility | 77.53 |
Panoro Energy ASA - Net Assets Trend (2013–2024)
This chart illustrates how Panoro Energy ASA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Panoro Energy ASA (2013–2024)
The table below shows the annual net assets of Panoro Energy ASA from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €270.31 Million | +14.52% |
| 2023-12-31 | €236.04 Million | +14.30% |
| 2022-12-31 | €206.50 Million | +5.66% |
| 2021-12-31 | €195.44 Million | +187.64% |
| 2020-12-31 | €67.94 Million | -6.53% |
| 2019-12-31 | €72.69 Million | +56.96% |
| 2018-12-31 | €46.31 Million | +167.39% |
| 2017-12-31 | €17.32 Million | -68.12% |
| 2016-12-31 | €54.33 Million | -49.78% |
| 2015-12-31 | €108.17 Million | -26.94% |
| 2014-12-31 | €148.06 Million | +25.00% |
| 2013-12-31 | €118.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Panoro Energy ASA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 962900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €490.73 Million | 181.54% |
| Total Equity | €270.31 Million | 100.00% |
Panoro Energy ASA Competitors by Market Cap
The table below lists competitors of Panoro Energy ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Settlebank Corporation
KQ:234340
|
$196.84 Million |
|
Zhejiang Ming Jewelry Co Ltd
SHE:002574
|
$196.84 Million |
|
Alkane Resources Ltd
AU:ALK
|
$196.91 Million |
|
Qingdao Vland Biotech Co Ltd
SHG:603739
|
$196.98 Million |
|
Shandong Donghong Pipe Ind Co
SHG:603856
|
$196.76 Million |
|
Tianjin Guifaxiang 18th Street Mahua Food Co Ltd
SHE:002820
|
$196.74 Million |
|
Naturgy BAN SA
BA:GBAN
|
$196.70 Million |
|
GAMSUNG Corporation Co. Ltd
KQ:036620
|
$196.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Panoro Energy ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 236,039,000 to 270,314,000, a change of 34,275,000 (14.5%).
- Net income of 60,678,000 contributed positively to equity growth.
- Dividend payments of 18,322,000 reduced retained earnings.
- Share repurchases of 4,348,000 reduced equity.
- Other factors decreased equity by 3,733,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €60.68 Million | +22.45% |
| Dividends Paid | €18.32 Million | -6.78% |
| Share Repurchases | €4.35 Million | -1.61% |
| Other Changes | €-3.73 Million | -1.38% |
| Total Change | €- | 14.52% |
Book Value vs Market Value Analysis
This analysis compares Panoro Energy ASA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.33x to 1.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.41 | €2.57 | x |
| 2018-12-31 | €0.74 | €2.57 | x |
| 2019-12-31 | €1.05 | €2.57 | x |
| 2020-12-31 | €0.98 | €2.57 | x |
| 2021-12-31 | €1.72 | €2.57 | x |
| 2022-12-31 | €1.82 | €2.57 | x |
| 2023-12-31 | €2.02 | €2.57 | x |
| 2024-12-31 | €2.34 | €2.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Panoro Energy ASA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 22.45%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.29%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 2.65x
- Recent ROE (22.45%) is above the historical average (-29.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -46.22% | 0.00% | 0.00x | 2.21x | €-66.60 Million |
| 2014 | -6.00% | 0.00% | 0.00x | 1.04x | €-23.69 Million |
| 2015 | -36.86% | 0.00% | 0.00x | 1.06x | €-50.68 Million |
| 2016 | -115.29% | -1146.97% | 0.09x | 1.08x | €-68.07 Million |
| 2017 | -211.25% | -561.35% | 0.18x | 2.04x | €-38.32 Million |
| 2018 | -15.35% | -54.81% | 0.10x | 2.70x | €-11.74 Million |
| 2019 | 14.02% | 21.78% | 0.31x | 2.10x | €2.92 Million |
| 2020 | -7.85% | -19.86% | 0.18x | 2.20x | €-12.13 Million |
| 2021 | 25.24% | 41.22% | 0.20x | 2.99x | €29.78 Million |
| 2022 | 9.63% | 10.55% | 0.35x | 2.61x | €-757.30K |
| 2023 | 14.14% | 14.67% | 0.37x | 2.59x | €9.77 Million |
| 2024 | 22.45% | 21.29% | 0.40x | 2.65x | €33.65 Million |
Industry Comparison
This section compares Panoro Energy ASA's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $647,820,219
- Average return on equity (ROE) among peers: -239.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Panoro Energy ASA (1PZ) | €238.32 Million | -46.22% | 1.83x | $196.82 Million |
| East West Minerals Ltd. (37A0) | $5.31 Million | 1.28% | 0.39x | $742.02K |
| 6L00 (6L00) | $95.48 Million | 8.07% | 0.21x | $100.36 Million |
| Talos Energy Inc (7T2) | $1.08 Billion | 5.45% | 1.40x | $1.41 Billion |
| Texas Pacific Land Corporation (9WY) | $1.04 Billion | 38.88% | 0.11x | $9.06 Billion |
| WINDSTREAM HLDGS (B4O) | $39.74K | -2187.32% | 5.50x | $33.10K |
| Beach Energy Limited (BPS) | $3.31 Billion | -14.35% | 0.66x | $1.14 Billion |
| Deutsche Rohstoff AG (DR0) | $45.59 Million | -35.31% | 3.53x | $33.97 Million |
| PetroNor E&P ASA (FQ00) | $65.82 Million | 18.71% | 0.90x | $47.88 Million |
| Lycos Energy Inc. (G4P0) | $184.17 Million | 13.42% | 0.43x | $21.21 Million |