Arendals Fossekompani ASA (AFK) - Net Assets
Based on the latest financial reports, Arendals Fossekompani ASA (AFK) has net assets worth Nkr5.96 Billion NOK (≈ $627.69 Million USD) 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 ≈ $962.32 Million USD) and total liabilities (Nkr3.18 Billion ≈ $334.63 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 Arendals Fossekompani ASA (AFK) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Arendals Fossekompani ASA total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Arendals Fossekompani ASA (AFK) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr5.42 Billion ≈ $570.34 Million |
+80.61% |
| 2023-12-31 | Nkr3.00 Billion ≈ $315.79 Million |
-3.90% |
| 2022-12-31 | Nkr3.12 Billion ≈ $328.61 Million |
-20.11% |
| 2021-12-31 | Nkr3.91 Billion ≈ $411.32 Million |
+1.38% |
| 2020-12-31 | Nkr3.86 Billion ≈ $405.71 Million |
+16.15% |
| 2019-12-31 | Nkr3.32 Billion ≈ $349.30 Million |
+4.66% |
| 2018-12-31 | Nkr3.17 Billion ≈ $333.75 Million |
-27.68% |
| 2017-12-31 | Nkr4.39 Billion ≈ $461.52 Million |
+37.89% |
| 2016-12-31 | Nkr3.18 Billion ≈ $334.69 Million |
+1.32% |
| 2015-12-31 | Nkr3.14 Billion ≈ $330.33 Million |
+26.23% |
| 2014-12-31 | Nkr2.49 Billion ≈ $261.69 Million |
-16.20% |
| 2013-12-31 | Nkr2.97 Billion ≈ $312.28 Million |
+0.01% |
| 2012-12-31 | Nkr2.97 Billion ≈ $312.24 Million |
+19.46% |
| 2011-12-31 | Nkr2.48 Billion ≈ $261.38 Million |
-11.69% |
| 2010-12-31 | Nkr2.81 Billion ≈ $295.97 Million |
+32.72% |
| 2009-12-31 | Nkr2.12 Billion ≈ $223.01 Million |
+20.64% |
| 2008-12-31 | Nkr1.76 Billion ≈ $184.86 Million |
-25.75% |
| 2007-12-31 | Nkr2.37 Billion ≈ $248.98 Million |
+47.25% |
| 2006-12-31 | Nkr1.61 Billion ≈ $169.08 Million |
+49.64% |
| 2005-12-31 | Nkr1.07 Billion ≈ $112.99 Million |
+75.14% |
| 2004-12-31 | Nkr613.10 Million ≈ $64.52 Million |
+23.19% |
| 2003-12-31 | Nkr497.67 Million ≈ $52.37 Million |
+31.64% |
| 2002-12-31 | Nkr378.04 Million ≈ $39.78 Million |
-34.44% |
| 2001-12-31 | Nkr576.65 Million ≈ $60.68 Million |
-22.79% |
| 2000-12-31 | Nkr746.82 Million ≈ $78.59 Million |
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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 |
|---|---|
|
Oaktree Specialty Lending Corp
NASDAQ:OCSL
|
$1.09 Billion |
|
CHINA FOODS UNSP.ADR/20
F:CFH0
|
$1.09 Billion |
|
Zhejiang Xinhua Chemical Co Ltd
SHG:603867
|
$1.09 Billion |
|
Hangzhou Weiguang Electronic Co Ltd
SHE:002801
|
$1.09 Billion |
|
Dharma Satya Nusantara Ptdsn
JK:DSNG
|
$1.09 Billion |
|
Omai Gold Mines Corp
V:OMG
|
$1.09 Billion |
|
H Lundbeck A/S
CO:HLUN-A
|
$1.09 Billion |
|
Elders Ltd
AU:ELD
|
$1.09 Billion |
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: 1.89x
- 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 427.60x to 1.89x 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 | Nkr188.50 | x |
| 2003-12-31 | Nkr0.44 | Nkr188.50 | x |
| 2004-12-31 | Nkr0.44 | Nkr188.50 | x |
| 2005-12-31 | Nkr12.20 | Nkr188.50 | x |
| 2006-12-31 | Nkr13.81 | Nkr188.50 | x |
| 2007-12-31 | Nkr20.55 | Nkr188.50 | x |
| 2008-12-31 | Nkr29.14 | Nkr188.50 | x |
| 2009-12-31 | Nkr35.90 | Nkr188.50 | x |
| 2010-12-31 | Nkr48.19 | Nkr188.50 | x |
| 2011-12-31 | Nkr41.91 | Nkr188.50 | x |
| 2012-12-31 | Nkr45.50 | Nkr188.50 | x |
| 2013-12-31 | Nkr45.25 | Nkr188.50 | x |
| 2014-12-31 | Nkr38.18 | Nkr188.50 | x |
| 2015-12-31 | Nkr48.29 | Nkr188.50 | x |
| 2016-12-31 | Nkr48.85 | Nkr188.50 | x |
| 2017-12-31 | Nkr77.14 | Nkr188.50 | x |
| 2018-12-31 | Nkr54.91 | Nkr188.50 | x |
| 2019-12-31 | Nkr58.01 | Nkr188.50 | x |
| 2020-12-31 | Nkr64.75 | Nkr188.50 | x |
| 2021-12-31 | Nkr61.28 | Nkr188.50 | x |
| 2022-12-31 | Nkr56.91 | Nkr188.50 | x |
| 2023-12-31 | Nkr54.70 | Nkr188.50 | x |
| 2024-12-31 | Nkr99.82 | Nkr188.50 | 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: $27,246,615,500
- Average return on equity (ROE) among peers: 27.11%
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 | $1.09 Billion |
| Aker ASA (AKER) | $43.69 Billion | 32.45% | 1.23x | $8.35 Billion |
| Bonheur (BONHR) | $10.80 Billion | 21.78% | 1.58x | $1.20 Billion |
About Arendals Fossekompani ASA
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