ABL Group ASA (ABL) - Net Assets
Based on the latest financial reports, ABL Group ASA (ABL) has net assets worth Nkr104.53 Million NOK (≈ $11.00 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr219.11 Million ≈ $23.06 Million USD) and total liabilities (Nkr114.59 Million ≈ $12.06 Million USD). 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. Check ABL Group ASA (ABL) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr104.53 Million |
| % of Total Assets | 47.7% |
| Annual Growth Rate | 14.75% |
| 5-Year Change | 53.95% |
| 10-Year Change | N/A |
| Growth Volatility | 32.42 |
ABL Group ASA - Net Assets Trend (2016–2024)
This chart illustrates how ABL Group ASA's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see ABL Group ASA market cap and net worth.
Annual Net Assets for ABL Group ASA (2016–2024)
The table below shows the annual net assets of ABL Group ASA from 2016 to 2024. Also explore net asset momentum of ABL Group ASA to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr99.45 Million ≈ $10.46 Million |
-1.60% |
| 2023-12-31 | Nkr101.06 Million ≈ $10.63 Million |
+47.69% |
| 2022-12-31 | Nkr68.43 Million ≈ $7.20 Million |
+2.51% |
| 2021-12-31 | Nkr66.75 Million ≈ $7.02 Million |
+3.33% |
| 2020-12-31 | Nkr64.60 Million ≈ $6.80 Million |
+36.39% |
| 2019-12-31 | Nkr47.36 Million ≈ $4.98 Million |
+85.34% |
| 2018-12-31 | Nkr25.55 Million ≈ $2.69 Million |
-10.18% |
| 2017-12-31 | Nkr28.45 Million ≈ $2.99 Million |
-14.00% |
| 2016-12-31 | Nkr33.08 Million ≈ $3.48 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ABL Group 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 grown by 4306900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr27.57 Million | 27.83% |
| Common Stock | Nkr1.64 Million | 1.66% |
| Other Components | Nkr69.88 Million | 70.52% |
| Total Equity | Nkr99.09 Million | 100.00% |
ABL Group ASA Competitors by Market Cap
The table below lists competitors of ABL Group ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spring Valley Acquisition Corp. II Class A Ordinary Shares
NASDAQ:SVII
|
$125.48 Million |
|
Teladan Setia Group Bhd
KLSE:0230
|
$125.49 Million |
|
Aurskog Sparebank
OL:AURG
|
$125.50 Million |
|
Bright Led Electronics Corp
TW:3031
|
$125.51 Million |
|
Wam Research Ltd
AU:WAX
|
$125.37 Million |
|
ZenaTech Inc.
NASDAQ:ZENA
|
$125.33 Million |
|
Quanterix Corp
NASDAQ:QTRX
|
$125.33 Million |
|
COMMERCIAL SYN BAGS ORD (BSE)
NSE:COMSYN
|
$125.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ABL Group ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 100,795,000 to 99,092,000, a change of -1,703,000 (-1.7%).
- Net income of 4,359,000 contributed positively to equity growth.
- Dividend payments of 9,862,000 reduced retained earnings.
- Share repurchases of 2,331,000 reduced equity.
- New share issuances of 2,816,000 increased equity.
- Other factors increased equity by 3,315,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr4.36 Million | +4.4% |
| Dividends Paid | Nkr9.86 Million | -9.95% |
| Share Repurchases | Nkr2.33 Million | -2.35% |
| Share Issuances | Nkr2.82 Million | +2.84% |
| Other Changes | Nkr3.31 Million | +3.35% |
| Total Change | Nkr- | -1.69% |
Book Value vs Market Value Analysis
This analysis compares ABL Group 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: 11.71x
- 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 11.48x to 11.71x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Nkr0.78 | Nkr8.94 | x |
| 2017-12-31 | Nkr0.67 | Nkr8.94 | x |
| 2018-12-31 | Nkr0.60 | Nkr8.94 | x |
| 2019-12-31 | Nkr0.67 | Nkr8.94 | x |
| 2020-12-31 | Nkr0.70 | Nkr8.94 | x |
| 2021-12-31 | Nkr0.69 | Nkr8.94 | x |
| 2022-12-31 | Nkr0.66 | Nkr8.94 | x |
| 2023-12-31 | Nkr0.82 | Nkr8.94 | x |
| 2024-12-31 | Nkr0.76 | Nkr8.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ABL Group 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): 4.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.41%
- • Asset Turnover: 1.67x
- • Equity Multiplier: 1.87x
- Recent ROE (4.40%) is above the historical average (2.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -11.71% | -14.05% | 0.73x | 1.15x | Nkr-7.18 Million |
| 2017 | -22.77% | -20.80% | 0.92x | 1.19x | Nkr-9.32 Million |
| 2018 | 9.48% | 6.69% | 1.18x | 1.20x | Nkr-133.50K |
| 2019 | 19.08% | 16.49% | 0.86x | 1.34x | Nkr4.30 Million |
| 2020 | 2.34% | 1.97% | 0.65x | 1.84x | Nkr-4.95 Million |
| 2021 | 4.82% | 2.14% | 1.31x | 1.72x | Nkr-3.46 Million |
| 2022 | 9.10% | 3.72% | 1.32x | 1.85x | Nkr-616.60K |
| 2023 | 8.33% | 3.34% | 1.39x | 1.79x | Nkr-1.68 Million |
| 2024 | 4.40% | 1.41% | 1.67x | 1.87x | Nkr-5.55 Million |
Industry Comparison
This section compares ABL Group ASA's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $33,081,000
- Average return on equity (ROE) among peers: -11.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ABL Group ASA (ABL) | Nkr104.53 Million | -11.71% | 1.10x | $125.41 Million |
| Aqualis ASA (AQUA) | $33.08 Million | -11.71% | 0.15x | $124.01 Million |
About ABL Group ASA
ABL Group ASA, an investment holding company, provides energy, and marine and engineering consultancy services to renewables, maritime, and oil and gas industries worldwide. It offers technical due diligence; owner's engineering; project development; geotechnical and geophysical; HSEQ and risk consulting; marine operations and engineering; marine design, upgrade, and conversion; site investigatio… Read more