Norwegian Energy Co. ASA
BlueNord ASA, an oil and gas company, engages in the production and development of resources that support the energy transition towards net zero in Norway, Denmark, the Netherlands, and the United Kingdom. The company is involved in the exploration and oil and gas infrastructure activities. Its asset portfolio includes the Dan, Halfdan, Gorm, and Tyra hubs; and producing fields on the Danish cont… Read more
Norwegian Energy Co. ASA (0HTF) - Net Assets
Latest net assets as of September 2025: Nkr493.00 Million NOK
Based on the latest financial reports, Norwegian Energy Co. ASA (0HTF) has net assets worth Nkr493.00 Million NOK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr3.24 Billion) and total liabilities (Nkr2.75 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 | Nkr493.00 Million |
| % of Total Assets | 15.22% |
| Annual Growth Rate | -8.53% |
| 5-Year Change | 10.41% |
| 10-Year Change | 4175.78% |
| Growth Volatility | 250.82 |
Norwegian Energy Co. ASA - Net Assets Trend (2012–2024)
This chart illustrates how Norwegian Energy Co. 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 Norwegian Energy Co. ASA (2012–2024)
The table below shows the annual net assets of Norwegian Energy Co. ASA from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr695.60 Million | -14.50% |
| 2023-12-31 | Nkr813.60 Million | +22.49% |
| 2022-12-31 | Nkr664.20 Million | +34.95% |
| 2021-12-31 | Nkr492.20 Million | -21.87% |
| 2020-12-31 | Nkr630.00 Million | +6.96% |
| 2019-12-31 | Nkr589.00 Million | +834.92% |
| 2018-12-31 | Nkr63.00 Million | -29.53% |
| 2017-12-31 | Nkr89.40 Million | +76.67% |
| 2016-12-31 | Nkr50.60 Million | +211.05% |
| 2015-12-31 | Nkr16.27 Million | +163.72% |
| 2014-12-31 | Nkr-25.53 Million | -108.86% |
| 2013-12-31 | Nkr288.12 Million | -85.79% |
| 2012-12-31 | Nkr2.03 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Norwegian Energy Co. 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr1.70 Million | 0.24% |
| Other Comprehensive Income | Nkr-93.30 Million | -13.41% |
| Other Components | Nkr787.20 Million | 113.17% |
| Total Equity | Nkr695.60 Million | 100.00% |
Norwegian Energy Co. ASA Competitors by Market Cap
The table below lists competitors of Norwegian Energy Co. ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Südzucker AG
PINK:SUEZF
|
$342.70 Million |
|
Ningbo Thermal Power Co Ltd
SHG:600982
|
$342.76 Million |
|
ASNFF
PINK:ASNFF
|
$342.77 Million |
|
Sinopec Oilfield Service Corporation
PINK:YZCFF
|
$342.85 Million |
|
Elmera Group ASA
OL:ELMRA
|
$342.57 Million |
|
Chun Yuan Steel Industry Co Ltd
TW:2010
|
$342.51 Million |
|
WA1 Resources Ltd
AU:WA1
|
$342.48 Million |
|
Alight Inc
NYSE:ALIT
|
$342.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Norwegian Energy Co. ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 813,600,000 to 695,600,000, a change of -118,000,000 (-14.5%).
- Net loss of 70,800,000 reduced equity.
- Other comprehensive income decreased equity by 122,400,000.
- Other factors increased equity by 75,200,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-70.80 Million | -10.18% |
| Other Comprehensive Income | Nkr-122.40 Million | -17.6% |
| Other Changes | Nkr75.20 Million | +10.81% |
| Total Change | Nkr- | -14.50% |
Book Value vs Market Value Analysis
This analysis compares Norwegian Energy Co. 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: 21.98x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.02x to 21.98x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Nkr34191.49 | Nkr581.00 | x |
| 2013-12-31 | Nkr4269.20 | Nkr581.00 | x |
| 2014-12-31 | Nkr-191.55 | Nkr581.00 | x |
| 2015-12-31 | Nkr2.29 | Nkr581.00 | x |
| 2016-12-31 | Nkr6.94 | Nkr581.00 | x |
| 2017-12-31 | Nkr2.41 | Nkr581.00 | x |
| 2018-12-31 | Nkr-0.83 | Nkr581.00 | x |
| 2019-12-31 | Nkr33.97 | Nkr581.00 | x |
| 2020-12-31 | Nkr17.95 | Nkr581.00 | x |
| 2021-12-31 | Nkr20.41 | Nkr581.00 | x |
| 2022-12-31 | Nkr26.56 | Nkr581.00 | x |
| 2023-12-31 | Nkr26.05 | Nkr581.00 | x |
| 2024-12-31 | Nkr26.43 | Nkr581.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Norwegian Energy Co. 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): -10.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.08%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 4.98x
- Recent ROE (-10.18%) is below the historical average (78.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -29.24% | -71.27% | 0.10x | 3.91x | Nkr-795.80 Million |
| 2013 | -57.60% | -112.75% | 0.14x | 3.55x | Nkr-194.77 Million |
| 2014 | 0.00% | -1637.84% | 0.01x | 0.00x | Nkr-70.27 Million |
| 2015 | 1375.00% | 15230.77% | 0.01x | 15.81x | Nkr222.06 Million |
| 2016 | -5.72% | -227.27% | 0.01x | 3.71x | Nkr-7.96 Million |
| 2017 | -296.45% | -4180.00% | 0.01x | 6.52x | Nkr-52.63 Million |
| 2018 | 0.00% | -850.00% | 0.02x | 0.00x | Nkr-16.40 Million |
| 2019 | 36.50% | 64.56% | 0.11x | 4.98x | Nkr156.10 Million |
| 2020 | 2.70% | 3.00% | 0.19x | 4.70x | Nkr-46.00 Million |
| 2021 | -10.81% | -9.41% | 0.18x | 6.28x | Nkr-102.42 Million |
| 2022 | -1.32% | -0.91% | 0.29x | 4.98x | Nkr-75.22 Million |
| 2023 | 13.50% | 13.81% | 0.23x | 4.19x | Nkr28.44 Million |
| 2024 | -10.18% | -10.08% | 0.20x | 4.98x | Nkr-140.36 Million |
Industry Comparison
This section compares Norwegian Energy Co. ASA's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Norwegian Energy Co. ASA (0HTF) | Nkr493.00 Million | -29.24% | 5.57x | $342.63 Million |
| Nyfosa AB (0A0K) | $2.92 Billion | 39.50% | 2.88x | $973.31 Million |
| High Templar Tech Limited (0A2T) | $12.52 Billion | 4.70% | 0.13x | $255.82 Million |
| Strategy Inc (0A7O) | $51.04 Billion | -7.54% | 0.21x | $40.17 Billion |
| NACON SASU (0A9N) | $67.54 Million | 15.85% | 1.20x | $7.64 Million |
| Antin Infrastructure Partners (0AA5) | $23.79 Million | 108.98% | 1.09x | $573.10 Million |
| Truecaller AB Series B (0AA7) | $1.41 Billion | 18.30% | 0.20x | $281.60 Million |
| Brockhaus Technologies AG (0AAW) | $254.92 Million | -6.23% | 1.68x | $74.40 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $48.06 Million | -24.09% | 0.32x | $71.96 Million |
| Kalray S.A. (0ABT) | $28.43 Million | -41.56% | 0.67x | $33.84 Million |
| Webuild S.p.A. (0BJP) | $1.43 Billion | 10.29% | 7.14x | $1.13 Billion |