Aker Horizons AS (AKH) - Net Assets
Based on the latest financial reports, Aker Horizons AS (AKH) has net assets worth Nkr802.00 Million NOK as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr22.00 Billion) and total liabilities (Nkr21.20 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 | Nkr802.00 Million |
| % of Total Assets | 3.65% |
| Annual Growth Rate | 82.33% |
| 5-Year Change | -82.02% |
| 10-Year Change | N/A |
| Growth Volatility | 2367.42 |
Aker Horizons AS - Net Assets Trend (2018–2024)
This chart illustrates how Aker Horizons AS'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 Horizons AS (2018–2024)
The table below shows the annual net assets of Aker Horizons AS from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr2.33 Billion | -62.41% |
| 2023-12-31 | Nkr6.19 Billion | -54.56% |
| 2022-12-31 | Nkr13.62 Billion | +36.34% |
| 2021-12-31 | Nkr9.99 Billion | -22.83% |
| 2020-12-31 | Nkr12.94 Billion | +6370.01% |
| 2019-12-31 | Nkr200.00 Million | +216.17% |
| 2018-12-31 | Nkr63.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aker Horizons AS'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 decreased by 1549700000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr15.67 Billion | 673.69% |
| Other Components | Nkr2.15 Billion | 92.56% |
| Total Equity | Nkr2.33 Billion | 100.00% |
Aker Horizons AS Competitors by Market Cap
The table below lists competitors of Aker Horizons AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SPOTLITE360 IOT SOLUTIONS
F:87A0
|
$916.43K |
|
Greencastle Resources Ltd.
V:VGN
|
$916.80K |
|
Tarku Resources Ltd
V:TKU
|
$916.81K |
|
Ribbon Acquisition Corp Rights
NASDAQ:RIBBR
|
$918.72K |
|
EJF Investments Ltd
LSE:EJFI
|
$915.26K |
|
Oasis Crescent Property Fund
JSE:OAS
|
$914.78K |
|
WIRECARD
HM:WDI
|
$914.38K |
|
Ristia Bintang Mahkotasejati
JK:RBMS
|
$914.10K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aker Horizons AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,328,000,000 to 2,326,000,000, a change of -2,000,000 (-0.1%).
- Net loss of 319,000,000 reduced equity.
- Other comprehensive income increased equity by 3,601,000,000.
- Other factors decreased equity by 3,284,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-319.00 Million | -13.71% |
| Other Comprehensive Income | Nkr3.60 Billion | +154.82% |
| Other Changes | Nkr-3.28 Billion | -141.19% |
| Total Change | Nkr- | -0.09% |
Book Value vs Market Value Analysis
This analysis compares Aker Horizons AS'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: 0.00x
- 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 0.11x to 0.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Nkr0.11 | Nkr0.01 | x |
| 2019-12-31 | Nkr0.35 | Nkr0.01 | x |
| 2020-12-31 | Nkr23.46 | Nkr0.01 | x |
| 2021-12-31 | Nkr10.41 | Nkr0.01 | x |
| 2022-12-31 | Nkr10.86 | Nkr0.01 | x |
| 2023-12-31 | Nkr3.37 | Nkr0.01 | x |
| 2024-12-31 | Nkr3.37 | Nkr0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aker Horizons AS 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): -13.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.57%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 13.46x
- Recent ROE (-13.71%) is above the historical average (-54.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -7.38% | -26.26% | 0.25x | 1.14x | Nkr-10.99 Million |
| 2019 | -7.17% | -33.69% | 0.19x | 1.10x | Nkr-34.33 Million |
| 2020 | -2.15% | -1029.63% | 0.00x | 1.53x | Nkr-1.57 Billion |
| 2021 | -42.31% | -196.20% | 0.04x | 5.67x | Nkr-3.00 Billion |
| 2022 | -113.47% | -339.60% | 0.06x | 5.26x | Nkr-8.76 Billion |
| 2023 | -192.40% | -122.75% | 0.13x | 11.70x | Nkr-4.71 Billion |
| 2024 | -13.71% | -12.57% | 0.08x | 13.46x | Nkr-551.60 Million |
Industry Comparison
This section compares Aker Horizons AS's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $579,561,832
- Average return on equity (ROE) among peers: -1311.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aker Horizons AS (AKH) | Nkr802.00 Million | -7.38% | 26.43x | $915.32K |
| Alternus Energy Group PLC (ALT) | $4.40 Million | -36.80% | 5.58x | $139.07K |
| Cloudberry Clean Energy As (CLOUD) | $2.64 Billion | -2.39% | 0.18x | $433.82 Million |
| EAM Solar ASA (EAM) | $1.09 Million | -120.47% | 10.12x | $4.62 Million |
| Eqva ASA (EQVA) | $508.96 Million | -21.70% | 1.64x | $30.22 Million |
| Magnora ASA (MGN) | $735.95 Million | -601.14% | 3.72x | $163.43 Million |
| MPC Energy Solutions NV (MPCES) | $-547.41K | 0.00% | 0.00x | $30.32 Million |
| Nordic Financials ASA (NOFIN) | $174.19K | -10897.47% | 29.35x | $3.98 Million |
| Ocean Sun As (OSUN) | $17.08 Million | -121.01% | 0.45x | $6.60 Million |
| Scatec Solar OL (SCATC) | $1.31 Billion | 0.27% | 4.39x | $2.00 Billion |
About Aker Horizons AS
Aker Horizons ASA, through its subsidiaries, develops and invests in renewable energy and green technology private and public companies worldwide. It operates through Aker Carbon Capture; Asset Development; Mainstream Renewable Power; Aker Horizons and holdings; and Other segments. The company offers modular and capture units for reducing and removing carbon dioxide emissions of various industrie… Read more