Akva Group (AKVA) - Net Assets
Based on the latest financial reports, Akva Group (AKVA) has net assets worth Nkr1.37 Billion NOK (≈ $144.51 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 (Nkr4.24 Billion ≈ $446.03 Million USD) and total liabilities (Nkr2.87 Billion ≈ $301.52 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 strategic asset allocation of Akva Group to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr1.37 Billion |
| % of Total Assets | 32.4% |
| Annual Growth Rate | 11.87% |
| 5-Year Change | 25.24% |
| 10-Year Change | 204.57% |
| Growth Volatility | 135.62 |
Akva Group - Net Assets Trend (2000–2024)
This chart illustrates how Akva Group's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Akva Group.
Annual Net Assets for Akva Group (2000–2024)
The table below shows the annual net assets of Akva Group from 2000 to 2024. Also explore Akva Group equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr1.30 Billion ≈ $137.31 Million |
+13.20% |
| 2023-12-31 | Nkr1.15 Billion ≈ $121.29 Million |
+0.76% |
| 2022-12-31 | Nkr1.14 Billion ≈ $120.38 Million |
-11.81% |
| 2021-12-31 | Nkr1.30 Billion ≈ $136.50 Million |
+24.51% |
| 2020-12-31 | Nkr1.04 Billion ≈ $109.63 Million |
+5.18% |
| 2019-12-31 | Nkr990.50 Million ≈ $104.23 Million |
-6.79% |
| 2018-12-31 | Nkr1.06 Billion ≈ $111.82 Million |
+112.34% |
| 2017-12-31 | Nkr500.43 Million ≈ $52.66 Million |
+15.05% |
| 2016-12-31 | Nkr434.97 Million ≈ $45.77 Million |
+1.53% |
| 2015-12-31 | Nkr428.43 Million ≈ $45.08 Million |
+10.07% |
| 2014-12-31 | Nkr389.25 Million ≈ $40.96 Million |
+14.87% |
| 2013-12-31 | Nkr338.86 Million ≈ $35.66 Million |
+4.18% |
| 2012-12-31 | Nkr325.27 Million ≈ $34.23 Million |
+0.46% |
| 2011-12-31 | Nkr323.77 Million ≈ $34.07 Million |
+42.28% |
| 2010-12-31 | Nkr227.56 Million ≈ $23.95 Million |
-11.33% |
| 2009-12-31 | Nkr256.64 Million ≈ $27.01 Million |
-17.10% |
| 2008-12-31 | Nkr309.60 Million ≈ $32.58 Million |
-7.98% |
| 2007-12-31 | Nkr336.44 Million ≈ $35.40 Million |
+15.76% |
| 2006-12-31 | Nkr290.63 Million ≈ $30.58 Million |
+670.01% |
| 2005-12-31 | Nkr37.74 Million ≈ $3.97 Million |
+0.02% |
| 2004-12-31 | Nkr37.74 Million ≈ $3.97 Million |
-1.52% |
| 2003-12-31 | Nkr38.32 Million ≈ $4.03 Million |
+12.75% |
| 2002-12-31 | Nkr33.98 Million ≈ $3.58 Million |
-66.94% |
| 2001-12-31 | Nkr102.81 Million ≈ $10.82 Million |
+16.21% |
| 2000-12-31 | Nkr88.47 Million ≈ $9.31 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Akva Group'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 1349.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr114.46 Million | 8.82% |
| Common Stock | Nkr29.06 Million | 2.24% |
| Other Components | Nkr1.15 Billion | 88.94% |
| Total Equity | Nkr1.30 Billion | 100.00% |
Akva Group Competitors by Market Cap
The table below lists competitors of Akva Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Yatai Pharmaceutical Co Ltd
SHE:002370
|
$555.39 Million |
|
Trilogy Metals Inc
TO:TMQ
|
$555.44 Million |
|
Claritev Corporation
NYSE:CTEV
|
$555.59 Million |
|
Luoyang Northglass Technology Co Ltd
SHE:002613
|
$555.61 Million |
|
Jiangsu Yueda Investment Co Ltd
SHG:600805
|
$555.33 Million |
|
Gansu Longshenrongfa Pharmaceutical Industry Co Ltd
SHE:300534
|
$555.31 Million |
|
Haesung DS Co Ltd
KO:195870
|
$555.30 Million |
|
Shanghai Sheng Jian Environment Technology Co Ltd
SHG:603324
|
$555.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Akva Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,142,451,000 to 1,297,615,000, a change of 155,164,000 (13.6%).
- Net income of 130,157,000 contributed positively to equity growth.
- Share repurchases of 13,241,000 reduced equity.
- Other factors increased equity by 38,248,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr130.16 Million | +10.03% |
| Share Repurchases | Nkr13.24 Million | -1.02% |
| Other Changes | Nkr38.25 Million | +2.95% |
| Total Change | Nkr- | 13.58% |
Book Value vs Market Value Analysis
This analysis compares Akva Group'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: 4.06x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 55.64x to 4.06x 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 | Nkr2.61 | Nkr145.00 | x |
| 2003-12-31 | Nkr1.55 | Nkr145.00 | x |
| 2004-12-31 | Nkr1.45 | Nkr145.00 | x |
| 2005-12-31 | Nkr1.44 | Nkr145.00 | x |
| 2006-12-31 | Nkr29.19 | Nkr145.00 | x |
| 2007-12-31 | Nkr17.45 | Nkr145.00 | x |
| 2008-12-31 | Nkr16.10 | Nkr145.00 | x |
| 2009-12-31 | Nkr13.35 | Nkr145.00 | x |
| 2010-12-31 | Nkr11.84 | Nkr145.00 | x |
| 2011-12-31 | Nkr15.04 | Nkr145.00 | x |
| 2012-12-31 | Nkr12.59 | Nkr145.00 | x |
| 2013-12-31 | Nkr13.03 | Nkr145.00 | x |
| 2014-12-31 | Nkr15.00 | Nkr145.00 | x |
| 2015-12-31 | Nkr16.45 | Nkr145.00 | x |
| 2016-12-31 | Nkr16.83 | Nkr145.00 | x |
| 2017-12-31 | Nkr19.37 | Nkr145.00 | x |
| 2018-12-31 | Nkr37.54 | Nkr145.00 | x |
| 2019-12-31 | Nkr29.83 | Nkr145.00 | x |
| 2020-12-31 | Nkr31.46 | Nkr145.00 | x |
| 2021-12-31 | Nkr39.17 | Nkr145.00 | x |
| 2022-12-31 | Nkr31.45 | Nkr145.00 | x |
| 2023-12-31 | Nkr31.35 | Nkr145.00 | x |
| 2024-12-31 | Nkr35.74 | Nkr145.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Akva Group 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): 10.03%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.70%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 3.17x
- Recent ROE (10.03%) is above the historical average (-4.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 12.84% | 10.00% | 0.68x | 1.90x | Nkr2.52 Million |
| 2002 | -202.52% | -64.26% | 1.14x | 2.76x | Nkr-72.23 Million |
| 2003 | 1.90% | 0.68% | 1.13x | 2.49x | Nkr-3.10 Million |
| 2004 | 1.74% | 0.61% | 1.05x | 2.72x | Nkr-3.12 Million |
| 2005 | 5.17% | 1.34% | 1.17x | 3.31x | Nkr-1.82 Million |
| 2006 | 8.70% | 7.11% | 0.68x | 1.80x | Nkr-3.77 Million |
| 2007 | 15.46% | 6.04% | 1.26x | 2.04x | Nkr18.36 Million |
| 2008 | 1.78% | 0.64% | 1.28x | 2.18x | Nkr-25.44 Million |
| 2009 | -15.25% | -6.53% | 0.98x | 2.38x | Nkr-64.79 Million |
| 2010 | -16.54% | -5.07% | 1.07x | 3.06x | Nkr-60.39 Million |
| 2011 | 3.55% | 1.29% | 1.24x | 2.23x | Nkr-20.89 Million |
| 2012 | 3.16% | 1.28% | 1.19x | 2.07x | Nkr-22.25 Million |
| 2013 | 0.85% | 0.31% | 1.27x | 2.14x | Nkr-30.79 Million |
| 2014 | 14.21% | 4.42% | 1.38x | 2.33x | Nkr16.32 Million |
| 2015 | 13.37% | 4.00% | 1.31x | 2.55x | Nkr14.33 Million |
| 2016 | 6.33% | 1.72% | 1.16x | 3.17x | Nkr-15.96 Million |
| 2017 | 19.94% | 4.92% | 1.22x | 3.33x | Nkr49.70 Million |
| 2018 | 8.44% | 3.56% | 0.93x | 2.54x | Nkr-16.56 Million |
| 2019 | 1.48% | 0.49% | 0.99x | 3.06x | Nkr-84.42 Million |
| 2020 | 8.70% | 2.87% | 0.98x | 3.10x | Nkr-13.50 Million |
| 2021 | 0.88% | 0.37% | 0.90x | 2.66x | Nkr-118.23 Million |
| 2022 | -11.47% | -3.95% | 0.93x | 3.13x | Nkr-245.61 Million |
| 2023 | -1.56% | -0.52% | 0.93x | 3.22x | Nkr-132.08 Million |
| 2024 | 10.03% | 3.70% | 0.85x | 3.17x | Nkr395.50K |
Industry Comparison
This section compares Akva Group's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
No peer company data available for comparison.
About Akva Group
AKVA group ASA designs, purchases, manufactures, assembles, sells, and installs technology products; and provides rental and consulting services for the aquaculture industry. The company operates in three segments: Sea Based Technology (SBT), Digital, and Land Based Technology (LBT). The SBT segment offers nets, plastic pens, steel pens, mooring, special nets, remotely operating vehicles systems,… Read more