Aker ASA (AKER) - Net Assets
Based on the latest financial reports, Aker ASA (AKER) has net assets worth Nkr45.26 Billion NOK (≈ $4.76 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr92.82 Billion ≈ $9.77 Billion USD) and total liabilities (Nkr47.56 Billion ≈ $5.00 Billion 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr45.26 Billion |
| % of Total Assets | 48.76% |
| Annual Growth Rate | 9.1% |
| 5-Year Change | 122.29% |
| 10-Year Change | 79.18% |
| Growth Volatility | 25.69 |
Aker ASA - Net Assets Trend (2004–2024)
This chart illustrates how Aker 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 Aker ASA (2004–2024)
The table below shows the annual net assets of Aker ASA from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr52.72 Billion ≈ $5.55 Billion |
+3.79% |
| 2023-12-31 | Nkr50.79 Billion ≈ $5.34 Billion |
+16.25% |
| 2022-12-31 | Nkr43.69 Billion ≈ $4.60 Billion |
+21.66% |
| 2021-12-31 | Nkr35.91 Billion ≈ $3.78 Billion |
+51.43% |
| 2020-12-31 | Nkr23.72 Billion ≈ $2.50 Billion |
-39.58% |
| 2019-12-31 | Nkr39.25 Billion ≈ $4.13 Billion |
-6.36% |
| 2018-12-31 | Nkr41.92 Billion ≈ $4.41 Billion |
+4.63% |
| 2017-12-31 | Nkr40.06 Billion ≈ $4.22 Billion |
+0.11% |
| 2016-12-31 | Nkr40.02 Billion ≈ $4.21 Billion |
+36.02% |
| 2015-12-31 | Nkr29.42 Billion ≈ $3.10 Billion |
-6.28% |
| 2014-12-31 | Nkr31.39 Billion ≈ $3.30 Billion |
+52.55% |
| 2013-12-31 | Nkr20.58 Billion ≈ $2.17 Billion |
+8.86% |
| 2012-12-31 | Nkr18.90 Billion ≈ $1.99 Billion |
-6.19% |
| 2011-12-31 | Nkr20.15 Billion ≈ $2.12 Billion |
+23.44% |
| 2010-12-31 | Nkr16.32 Billion ≈ $1.72 Billion |
-1.24% |
| 2009-12-31 | Nkr16.53 Billion ≈ $1.74 Billion |
-23.64% |
| 2008-12-31 | Nkr21.65 Billion ≈ $2.28 Billion |
-12.05% |
| 2007-12-31 | Nkr24.61 Billion ≈ $2.59 Billion |
+18.78% |
| 2006-12-31 | Nkr20.72 Billion ≈ $2.18 Billion |
+38.65% |
| 2005-12-31 | Nkr14.95 Billion ≈ $1.57 Billion |
+61.70% |
| 2004-12-31 | Nkr9.24 Billion ≈ $972.63 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Aker 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 4238600000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr41.20 Billion | 78.16% |
| Common Stock | Nkr2.33 Billion | 4.42% |
| Other Components | Nkr9.18 Billion | 17.42% |
| Total Equity | Nkr52.72 Billion | 100.00% |
Aker ASA Competitors by Market Cap
The table below lists competitors of Aker ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NexGen Energy Ltd.
TO:NXE
|
$8.02 Billion |
|
Kinsale Capital Group Inc
NYSE:KNSL
|
$8.03 Billion |
|
Persistent Systems Limited
NSE:PERSISTENT
|
$8.03 Billion |
|
NEMETSCHEK UNSP.ADR/02
F:NEM0
|
$8.03 Billion |
|
Military Commercial Joint Stock Bank
VN:MBB
|
$8.02 Billion |
|
Novatek Microelectronics Corp
TW:3034
|
$8.01 Billion |
|
BRENNTAG SE UNSP.ADR/020
F:BNRA
|
$8.01 Billion |
|
Compañía de Minas Buenaventura S.A.A
F:MBU
|
$8.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aker ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 44,930,000,000 to 52,718,000,000, a change of 7,788,000,000 (17.3%).
- Net income of 7,197,000,000 contributed positively to equity growth.
- Dividend payments of 4,824,000,000 reduced retained earnings.
- Share repurchases of 700,000,000 reduced equity.
- New share issuances of 700,000,000 increased equity.
- Other factors increased equity by 5,415,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr7.20 Billion | +13.65% |
| Dividends Paid | Nkr4.82 Billion | -9.15% |
| Share Repurchases | Nkr700.00 Million | -1.33% |
| Share Issuances | Nkr700.00 Million | +1.33% |
| Other Changes | Nkr5.42 Billion | +10.27% |
| Total Change | Nkr- | 17.33% |
Book Value vs Market Value Analysis
This analysis compares Aker 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: 1.45x
- 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 12.98x to 1.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | Nkr79.51 | Nkr1032.00 | x |
| 2005-12-31 | Nkr105.83 | Nkr1032.00 | x |
| 2006-12-31 | Nkr127.53 | Nkr1032.00 | x |
| 2007-12-31 | Nkr198.21 | Nkr1032.00 | x |
| 2008-12-31 | Nkr203.35 | Nkr1032.00 | x |
| 2009-12-31 | Nkr144.40 | Nkr1032.00 | x |
| 2010-12-31 | Nkr138.60 | Nkr1032.00 | x |
| 2011-12-31 | Nkr151.26 | Nkr1032.00 | x |
| 2012-12-31 | Nkr132.21 | Nkr1032.00 | x |
| 2013-12-31 | Nkr144.61 | Nkr1032.00 | x |
| 2014-12-31 | Nkr120.59 | Nkr1032.00 | x |
| 2015-12-31 | Nkr108.28 | Nkr1032.00 | x |
| 2016-12-31 | Nkr294.17 | Nkr1032.00 | x |
| 2017-12-31 | Nkr284.75 | Nkr1032.00 | x |
| 2018-12-31 | Nkr296.29 | Nkr1032.00 | x |
| 2019-12-31 | Nkr253.66 | Nkr1032.00 | x |
| 2020-12-31 | Nkr234.61 | Nkr1032.00 | x |
| 2021-12-31 | Nkr357.82 | Nkr1032.00 | x |
| 2022-12-31 | Nkr588.11 | Nkr1032.00 | x |
| 2023-12-31 | Nkr604.74 | Nkr1032.00 | x |
| 2024-12-31 | Nkr709.60 | Nkr1032.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aker 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): 13.65%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 55.85%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 2.06x
- Recent ROE (13.65%) is above the historical average (9.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 6.21% | 0.96% | 1.00x | 6.44x | Nkr-232.00 Million |
| 2005 | 19.91% | 2.79% | 1.01x | 7.07x | Nkr803.50 Million |
| 2006 | 15.55% | 2.72% | 0.70x | 8.14x | Nkr512.10 Million |
| 2007 | 49.90% | 191.13% | 0.10x | 2.53x | Nkr5.72 Billion |
| 2008 | -7.20% | -16.58% | 0.14x | 3.21x | Nkr-2.53 Billion |
| 2009 | -25.28% | -42.19% | 0.15x | 4.01x | Nkr-3.69 Billion |
| 2010 | 3.50% | 4.66% | 0.18x | 4.11x | Nkr-652.00 Million |
| 2011 | 17.22% | 38.60% | 0.13x | 3.31x | Nkr790.50 Million |
| 2012 | -0.35% | -0.57% | 0.15x | 4.05x | Nkr-986.60 Million |
| 2013 | 7.56% | 9.90% | 0.17x | 4.42x | Nkr-254.80 Million |
| 2014 | -0.45% | -0.06% | 0.54x | 14.78x | Nkr-911.30 Million |
| 2015 | -22.91% | -2.57% | 0.53x | 16.90x | Nkr-2.62 Billion |
| 2016 | 65.98% | 34.81% | 0.45x | 4.24x | Nkr12.23 Billion |
| 2017 | 7.17% | 3.86% | 0.46x | 4.00x | Nkr-598.50 Million |
| 2018 | 4.12% | 2.21% | 0.44x | 4.21x | Nkr-1.29 Billion |
| 2019 | -8.14% | -3.17% | 0.45x | 5.66x | Nkr-3.42 Billion |
| 2020 | 8.19% | 23.99% | 0.10x | 3.35x | Nkr-315.40 Million |
| 2021 | 14.96% | 72.04% | 0.08x | 2.73x | Nkr1.42 Billion |
| 2022 | 32.45% | 53.78% | 0.27x | 2.23x | Nkr9.81 Billion |
| 2023 | 7.20% | 48.20% | 0.08x | 1.98x | Nkr-1.26 Billion |
| 2024 | 13.65% | 55.85% | 0.12x | 2.06x | Nkr1.93 Billion |
Industry Comparison
This section compares Aker ASA's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $6,990,427,000
- Average return on equity (ROE) among peers: 16.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aker ASA (AKER) | Nkr45.26 Billion | 6.21% | 1.05x | $8.02 Billion |
| Arendals Fossekompani ASA (AFK) | $3.18 Billion | 12.08% | 1.44x | $1.08 Billion |
| Bonheur (BONHR) | $10.80 Billion | 21.78% | 1.58x | $1.13 Billion |
About Aker ASA
Aker ASA operates as an industrial investment company in Norway, Europa, North America, South America, and internationally. The company operates in two segments: Industrial Holdings and Financial Investments. It is involved in exploration and production of oil and gas; provision of solutions, products, and engineering services to the energy industry; development of renewable energy and green tech… Read more