Akastor ASA (AKAST) - Net Assets

Latest as of June 2025: Nkr5.47 Billion NOK ≈ $575.18 Million USD

Based on the latest financial reports, Akastor ASA (AKAST) has net assets worth Nkr5.47 Billion NOK (≈ $575.18 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 (Nkr6.21 Billion ≈ $653.89 Million USD) and total liabilities (Nkr748.00 Million ≈ $78.71 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 asset resilience ratio of Akastor ASA to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Nkr5.47 Billion
% of Total Assets	87.96%
Annual Growth Rate	1.61%
5-Year Change	59.73%
10-Year Change	-20.67%
Growth Volatility	26.44

Akastor ASA - Net Assets Trend (2005–2024)

This chart illustrates how Akastor ASA's net assets have evolved over time, based on quarterly financial data. Also explore Akastor ASA balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Akastor ASA (2005–2024)

The table below shows the annual net assets of Akastor ASA from 2005 to 2024. For live valuation and market cap data, see market cap of Akastor ASA.

Year	Net Assets	Change
2024-12-31	Nkr5.86 Billion ≈ $616.54 Million	+47.58%
2023-12-31	Nkr3.97 Billion ≈ $417.76 Million	-2.12%
2022-12-31	Nkr4.06 Billion ≈ $426.81 Million	-1.29%
2021-12-31	Nkr4.11 Billion ≈ $432.39 Million	+12.02%
2020-12-31	Nkr3.67 Billion ≈ $385.98 Million	-16.08%
2019-12-31	Nkr4.37 Billion ≈ $459.96 Million	+1.27%
2018-12-31	Nkr4.32 Billion ≈ $454.17 Million	-18.21%
2017-12-31	Nkr5.28 Billion ≈ $555.29 Million	-5.43%
2016-12-31	Nkr5.58 Billion ≈ $587.18 Million	-24.45%
2015-12-31	Nkr7.39 Billion ≈ $777.22 Million	-21.24%
2014-12-31	Nkr9.38 Billion ≈ $986.84 Million	-30.82%
2013-12-31	Nkr13.55 Billion ≈ $1.43 Billion	+13.15%
2012-12-31	Nkr11.98 Billion ≈ $1.26 Billion	+5.86%
2011-12-31	Nkr11.32 Billion ≈ $1.19 Billion	+9.30%
2010-12-31	Nkr10.35 Billion ≈ $1.09 Billion	+13.49%
2009-12-31	Nkr9.12 Billion ≈ $960.00 Million	+6.01%
2008-12-31	Nkr8.61 Billion ≈ $905.60 Million	+18.43%
2007-12-31	Nkr7.27 Billion ≈ $764.70 Million	-10.44%
2006-12-31	Nkr8.11 Billion ≈ $853.83 Million	+87.52%
2005-12-31	Nkr4.33 Billion ≈ $455.33 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Akastor 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 65.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	Nkr3.97 Billion	67.71%
Common Stock	Nkr161.00 Million	2.75%
Other Components	Nkr1.73 Billion	29.54%
Total Equity	Nkr5.86 Billion	100.00%

Akastor ASA Competitors by Market Cap

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

Company	Market Cap
Soltec Power Holdings S.A MC:SOL	$447.43 Million
Ege Endustri ve Ticaret AS IS:EGEEN	$447.48 Million
Jiangsu Tongda Power Technology Co Ltd SHE:002576	$447.67 Million
W-SCOPE CHUNGJU PLANT LTD (PROPOSE KQ:393890	$447.69 Million
Misun Technology Co Ltd SHE:301577	$447.28 Million
Guangzhou Shangpin Home Collection Co Ltd SHE:300616	$447.14 Million
WONIK Materials Co.Ltd KQ:104830	$446.86 Million
Sunplus Technology Co Ltd TW:2401	$446.79 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 3,970,000,000 to 5,859,000,000, a change of 1,889,000,000 (47.6%).
Net income of 1,653,000,000 contributed positively to equity growth.
Other factors increased equity by 236,000,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Nkr1.65 Billion	+28.21%
Other Changes	Nkr236.00 Million	+4.03%
Total Change	Nkr-	47.58%

Book Value vs Market Value Analysis

This analysis compares Akastor 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: 0.72x
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.
The price-to-book ratio has decreased from 5.04x to 0.72x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	Nkr3.10	Nkr15.60	x
2006-12-31	Nkr5.80	Nkr15.60	x
2007-12-31	Nkr26.12	Nkr15.60	x
2008-12-31	Nkr31.41	Nkr15.60	x
2009-12-31	Nkr33.33	Nkr15.60	x
2010-12-31	Nkr37.67	Nkr15.60	x
2011-12-31	Nkr41.27	Nkr15.60	x
2012-12-31	Nkr43.62	Nkr15.60	x
2013-12-31	Nkr49.35	Nkr15.60	x
2014-12-31	Nkr34.50	Nkr15.60	x
2015-12-31	Nkr27.25	Nkr15.60	x
2016-12-31	Nkr20.57	Nkr15.60	x
2017-12-31	Nkr19.46	Nkr15.60	x
2018-12-31	Nkr15.92	Nkr15.60	x
2019-12-31	Nkr16.03	Nkr15.60	x
2020-12-31	Nkr13.46	Nkr15.60	x
2021-12-31	Nkr38.06	Nkr15.60	x
2022-12-31	Nkr14.91	Nkr15.60	x
2023-12-31	Nkr14.59	Nkr15.60	x
2024-12-31	Nkr21.53	Nkr15.60	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Akastor 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): 28.21%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 566.10%
• Asset Turnover: 0.04x
• Equity Multiplier: 1.14x
Recent ROE (28.21%) is above the historical average (11.53%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	28.84%	3.33%	1.40x	6.17x	Nkr802.80 Million
2006	46.82%	7.39%	1.61x	3.93x	Nkr2.94 Billion
2007	33.82%	4.14%	2.03x	4.02x	Nkr1.69 Billion
2008	17.02%	2.47%	1.36x	5.06x	Nkr593.00 Million
2009	25.18%	4.20%	1.35x	4.45x	Nkr1.36 Billion
2010	19.77%	4.36%	1.15x	3.94x	Nkr993.50 Million
2011	47.13%	14.73%	1.05x	3.06x	Nkr4.14 Billion
2012	19.02%	5.06%	1.10x	3.40x	Nkr1.07 Billion
2013	9.38%	2.94%	0.89x	3.60x	Nkr-82.40 Million
2014	26.47%	11.73%	0.87x	2.61x	Nkr1.54 Billion
2015	-35.03%	-16.73%	0.75x	2.78x	Nkr-3.33 Billion
2016	-22.97%	-24.94%	0.40x	2.30x	Nkr-1.84 Billion
2017	-1.10%	-1.35%	0.42x	1.96x	Nkr-585.70 Million
2018	-7.46%	-8.66%	0.41x	2.09x	Nkr-753.70 Million
2019	2.30%	1.87%	0.51x	2.43x	Nkr-335.30 Million
2020	-15.89%	-12.69%	0.50x	2.50x	Nkr-946.70 Million
2021	22.46%	100.66%	0.13x	1.76x	Nkr509.90 Million
2022	-6.80%	-26.64%	0.15x	1.68x	Nkr-681.60 Million
2023	-6.68%	-98.88%	0.04x	1.52x	Nkr-662.00 Million
2024	28.21%	566.10%	0.04x	1.14x	Nkr1.07 Billion

Industry Comparison

This section compares Akastor 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: $2,254,333,622
Average return on equity (ROE) among peers: 12.42%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Akastor ASA (AKAST)	Nkr5.47 Billion	28.84%	0.14x	$447.42 Million
Aker Solutions ASA (AKSO)	$18.95 Billion	61.40%	1.18x	$2.14 Billion
Argeo AS (ARGEO)	$4.20 Million	20.00%	0.36x	$2.98 Million
BW Offshore Ltd (BWO)	$70.49 Million	0.00%	2.41x	$1.00 Billion
Eidesvik Offshore ASA (EIOF)	$928.05 Million	37.29%	1.52x	$135.17 Million
Electromagnetic Geoservices ASA (EMGS)	$77.97 Million	-98.39%	1.12x	$3.40 Million
Edda Wind ASA (EWIND)	$29.65 Million	-6.46%	2.07x	$308.89 Million
Prosafe SE (PRS)	$141.60 Million	100.64%	2.48x	$132.99 Million
Petrolia SE (PSE)	$40.82 Million	9.74%	0.54x	$37.58 Million
Reach Subsea (REACH)	$44.23 Million	-12.43%	0.15x	$239.42 Million

About Akastor ASA

OL:AKAST Norway Oil & Gas Equipment & Services

Market Cap

$447.42 Million

Nkr4.25 Billion NOK

Market Cap Rank

#13136 Global

#98 in Norway

Share Price

Nkr15.60

Change (1 day)

+1.43%

52-Week Range

Nkr10.82 - Nkr15.60

All Time High

Nkr19.22