Moreld ASA
Moreld ASA provides integrated solutions for the energy, marine, and industrial sectors in Norway and internationally. It operates through Moreld Apply, Ocean Installer, and Global Maritime segments. The company undertakes marine and subsea construction works; and offers a range of services, such as subsea umbilicals, risers, flowlines, moorings, offshore renewables, and carbon capture and storag… Read more
Moreld ASA (C28) - Net Assets
Latest net assets as of September 2025: €793.10 Million EUR
Based on the latest financial reports, Moreld ASA (C28) has net assets worth €793.10 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 (€5.75 Billion) and total liabilities (€4.95 Billion). 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 | €793.10 Million |
| % of Total Assets | 13.8% |
| Annual Growth Rate | 20939.57% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Moreld ASA - Net Assets Trend (2023–2024)
This chart illustrates how Moreld 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 Moreld ASA (2023–2024)
The table below shows the annual net assets of Moreld ASA from 2023 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €697.93 Million | +21171.93% |
| 2023-12-31 | €3.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Moreld 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 18259000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €902.30 Million | 129.17% |
| Total Equity | €698.55 Million | 100.00% |
Moreld ASA Competitors by Market Cap
The table below lists competitors of Moreld ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Homerun Resources Inc.
PINK:HMRFF
|
$44.87 Million |
|
Studentbostader I Sverige AB
ST:STUDBO
|
$44.88 Million |
|
Butler National Corp
OTCQX:BUKS
|
$44.89 Million |
|
Graha Andrasentra Propertindo Tbk PT
JK:JGLE
|
$44.90 Million |
|
Mitake Information
TWO:8284
|
$44.87 Million |
|
Srivichaivejvivat Public Company Limited
BK:VIH
|
$44.87 Million |
|
IMSNF
PINK:IMSNF
|
$44.86 Million |
|
8098
TWO:8098
|
$44.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Moreld ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -20,539,000 to 698,554,000, a change of 719,093,000.
- Net loss of 711,288,000 reduced equity.
- New share issuances of 874,175,000 increased equity.
- Other factors increased equity by 556,206,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-711.29 Million | -101.82% |
| Share Issuances | €874.17 Million | +125.14% |
| Other Changes | €556.21 Million | +79.62% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares Moreld 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: 0.37x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | €-0.12 | €1.49 | x |
| 2024-12-31 | €3.97 | €1.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Moreld 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): -101.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.98%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 10.29x
- Recent ROE (-101.82%) is below the historical average (-50.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 0.00% | -1977.38% | 0.00x | 0.00x | €-19.10 Million |
| 2024 | -101.82% | -9.98% | 0.99x | 10.29x | €-781.14 Million |
Industry Comparison
This section compares Moreld ASA's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $6,686,875,989
- Average return on equity (ROE) among peers: -11.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Moreld ASA (C28) | €793.10 Million | 0.00% | 6.25x | $44.87 Million |
| Aker Solutions OL (1AKA) | $7.91 Billion | -19.47% | 2.39x | $1.62 Billion |
| Honghua Group Limited (4HB) | $4.96 Billion | 10.84% | 1.87x | $71.31 Million |
| Solaris Oilfield Infrastructure Inc (68S) | $409.66 Million | 12.70% | 0.23x | $2.44 Billion |
| China Oilfield Services Limited (CO9) | $42.26 Billion | 7.13% | 0.97x | $2.32 Billion |
| Dril-Quip Inc (DQU) | $1.25 Billion | 16.76% | 0.16x | $490.49 Million |
| FRANKS INTL N.V. EO -01 (FK2) | $1.03 Billion | -8.77% | 0.15x | $1.46 Billion |
| Viridien Société anonyme (GDG) | $1.12 Billion | 4.44% | 1.53x | $786.17 Million |
| Shengli Oil & Gas Pipe Holdings Limited (GSG) | $1.24 Billion | -11.15% | 0.94x | $23.09 Million |
| Dolfines SA (JPZ) | $3.46 Million | -117.87% | 1.65x | $10.52K |