Arendals Fossekompani ASA

OL:AFK Norway Conglomerates
Market Cap
$807.97 Million
Nkr9.21 Billion NOK
Market Cap Rank
#9050 Global
#22 in Norway
Share Price
Nkr167.50
Change (1 day)
-0.59%
52-Week Range
Nkr119.00 - Nkr177.00
All Time High
Nkr465.81
Categories
Companies in Norway Conglomerates
About

Arendals Fossekompani ASA, an industrial investment company, provides cyber secure satellite and mobile communications in Norway, Europe, Asia, and North America. It operates through AFK Vannkraft, Group Management, NSSL Global, ENRX, Tekna, AFK Eiendom, and Alytic segments. The company offers voice and data services, and IT support services; and airtime, projects, hardware, and service to the ma… Read more

Arendals Fossekompani ASA (AFK) - Net Assets

Latest net assets as of September 2025: Nkr5.96 Billion NOK

Based on the latest financial reports, Arendals Fossekompani ASA (AFK) has net assets worth Nkr5.96 Billion NOK as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr9.14 Billion) and total liabilities (Nkr3.18 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 Nkr5.96 Billion
% of Total Assets 65.23%
Annual Growth Rate 8.61%
5-Year Change 40.58%
10-Year Change 72.66%
Growth Volatility 30.78

Arendals Fossekompani ASA - Net Assets Trend (2000–2024)

This chart illustrates how Arendals Fossekompani 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 Arendals Fossekompani ASA (2000–2024)

The table below shows the annual net assets of Arendals Fossekompani ASA from 2000 to 2024.

Year Net Assets Change
2024-12-31 Nkr5.42 Billion +80.61%
2023-12-31 Nkr3.00 Billion -3.90%
2022-12-31 Nkr3.12 Billion -20.11%
2021-12-31 Nkr3.91 Billion +1.38%
2020-12-31 Nkr3.86 Billion +16.15%
2019-12-31 Nkr3.32 Billion +4.66%
2018-12-31 Nkr3.17 Billion -27.68%
2017-12-31 Nkr4.39 Billion +37.89%
2016-12-31 Nkr3.18 Billion +1.32%
2015-12-31 Nkr3.14 Billion +26.23%
2014-12-31 Nkr2.49 Billion -16.20%
2013-12-31 Nkr2.97 Billion +0.01%
2012-12-31 Nkr2.97 Billion +19.46%
2011-12-31 Nkr2.48 Billion -11.69%
2010-12-31 Nkr2.81 Billion +32.72%
2009-12-31 Nkr2.12 Billion +20.64%
2008-12-31 Nkr1.76 Billion -25.75%
2007-12-31 Nkr2.37 Billion +47.25%
2006-12-31 Nkr1.61 Billion +49.64%
2005-12-31 Nkr1.07 Billion +75.14%
2004-12-31 Nkr613.10 Million +23.19%
2003-12-31 Nkr497.67 Million +31.64%
2002-12-31 Nkr378.04 Million -34.44%
2001-12-31 Nkr576.65 Million -22.79%
2000-12-31 Nkr746.82 Million --

Equity Component Analysis

This analysis shows how different components contribute to Arendals Fossekompani 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 522600000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings Nkr5.23 Billion 95.30%
Common Stock Nkr223.98 Million 4.08%
Other Components Nkr34.02 Million 0.62%
Total Equity Nkr5.48 Billion 100.00%

Arendals Fossekompani ASA Competitors by Market Cap

The table below lists competitors of Arendals Fossekompani ASA ranked by their market capitalization.

Company Market Cap
Bangkok Life Assurance Public Company Limited
OTCGREY:BGLAF
 		$651.37 Million
Yihai International Holding Ltd
PINK:YNNHF
 		$651.78 Million
Carriage Services Inc
NYSE:CSV
 		$651.82 Million
GB Group plc
PINK:GBGPF
 		$652.02 Million
Inspur Software Co Ltd
SHG:600756
 		$651.06 Million
Nanjing Xinlian Electronics Co Ltd
SHE:002546
 		$651.03 Million
Gerresheimer AG
PINK:GRRMY
 		$650.59 Million
Guangdong Shirongzhaoye Co Ltd
SHE:002016
 		$650.57 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Arendals Fossekompani ASA's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,000,952,000 to 5,484,000,000, a change of 2,483,048,000 (82.7%).
  • Net income of 2,237,579,000 contributed positively to equity growth.
  • Dividend payments of 250,298,000 reduced retained earnings.
  • Share repurchases of 11,034,000 reduced equity.
  • New share issuances of 11,034,000 increased equity.
  • Other factors increased equity by 495,767,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Nkr2.24 Billion +40.8%
Dividends Paid Nkr250.30 Million -4.56%
Share Repurchases Nkr11.03 Million -0.2%
Share Issuances Nkr11.03 Million +0.2%
Other Changes Nkr495.77 Million +9.04%
Total Change Nkr- 82.74%

Book Value vs Market Value Analysis

This analysis compares Arendals Fossekompani 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: 1.68x
  • 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 379.97x to 1.68x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-12-31 Nkr0.44 Nkr167.50 x
2003-12-31 Nkr0.44 Nkr167.50 x
2004-12-31 Nkr0.44 Nkr167.50 x
2005-12-31 Nkr12.20 Nkr167.50 x
2006-12-31 Nkr13.81 Nkr167.50 x
2007-12-31 Nkr20.55 Nkr167.50 x
2008-12-31 Nkr29.14 Nkr167.50 x
2009-12-31 Nkr35.90 Nkr167.50 x
2010-12-31 Nkr48.19 Nkr167.50 x
2011-12-31 Nkr41.91 Nkr167.50 x
2012-12-31 Nkr45.50 Nkr167.50 x
2013-12-31 Nkr45.25 Nkr167.50 x
2014-12-31 Nkr38.18 Nkr167.50 x
2015-12-31 Nkr48.29 Nkr167.50 x
2016-12-31 Nkr48.85 Nkr167.50 x
2017-12-31 Nkr77.14 Nkr167.50 x
2018-12-31 Nkr54.91 Nkr167.50 x
2019-12-31 Nkr58.01 Nkr167.50 x
2020-12-31 Nkr64.75 Nkr167.50 x
2021-12-31 Nkr61.28 Nkr167.50 x
2022-12-31 Nkr56.91 Nkr167.50 x
2023-12-31 Nkr54.70 Nkr167.50 x
2024-12-31 Nkr99.82 Nkr167.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Arendals Fossekompani 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): 40.80%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 51.81%
  • • Asset Turnover: 0.49x
  • • Equity Multiplier: 1.61x
  • Recent ROE (40.80%) is below the historical average (45.44%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 13.81% 149.51% 0.04x 2.30x Nkr27.95 Million
2002 -401.88% -66.35% 0.12x 49.17x Nkr-112.95 Million
2003 1162.52% 155.37% 0.15x 49.51x Nkr316.06 Million
2005 18.31% 54.22% 0.12x 2.78x Nkr56.42 Million
2006 32.54% 56.33% 0.16x 3.50x Nkr172.08 Million
2007 38.67% 129.51% 0.09x 3.51x Nkr325.38 Million
2008 -11.66% -27.09% 0.15x 2.85x Nkr-348.37 Million
2009 12.77% 24.54% 0.24x 2.20x Nkr54.93 Million
2010 9.68% 18.72% 0.26x 2.00x Nkr-8.55 Million
2011 9.70% 10.17% 0.41x 2.33x Nkr-6.94 Million
2012 12.78% 12.12% 0.41x 2.59x Nkr70.01 Million
2013 1.87% 1.03% 0.66x 2.76x Nkr-203.20 Million
2014 7.68% 3.26% 0.72x 3.27x Nkr-48.87 Million
2015 14.62% 6.51% 0.76x 2.95x Nkr123.25 Million
2016 14.31% 5.98% 0.83x 2.90x Nkr115.62 Million
2017 57.21% 55.09% 0.51x 2.02x Nkr1.99 Billion
2018 3.74% 2.31% 0.83x 1.96x Nkr-188.05 Million
2019 1.41% 0.94% 0.77x 1.93x Nkr-272.96 Million
2020 1.83% 1.79% 0.52x 1.97x Nkr-290.34 Million
2021 3.17% 2.54% 0.61x 2.03x Nkr-229.67 Million
2022 0.18% 0.13% 0.58x 2.51x Nkr-306.54 Million
2023 1.09% 0.84% 0.43x 3.02x Nkr-267.51 Million
2024 40.80% 51.81% 0.49x 1.61x Nkr1.69 Billion

Industry Comparison

This section compares Arendals Fossekompani ASA's net assets metrics with peer companies in the Conglomerates industry.

Industry Context

  • Industry: Conglomerates
  • Average net assets among peers: $4,015,561,000
  • Average return on equity (ROE) among peers: 16.63%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Arendals Fossekompani ASA (AFK) Nkr5.96 Billion 13.81% 0.53x $651.20 Million
Bonheur (BONHR) $4.02 Billion 16.63% 0.34x $327.67 Million