Aquila Holdings ASA
Aquila Holdings ASA manages a seismic ocean bottom node multi-client data library with assets in Norway, Egypt, and the United States. It operates through Axxis and Investments segments. The company offers seismic data under the name Axxis Geo Solutions, which used by oil companies to discover, develop, and produce resources in mature petroleum basins. It also invests in listed and unlisted compa… Read more
Aquila Holdings ASA (AQUIL) - Net Assets
Latest net assets as of September 2023: Nkr41.58 Million NOK
Based on the latest financial reports, Aquila Holdings ASA (AQUIL) has net assets worth Nkr41.58 Million NOK as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr46.77 Million) and total liabilities (Nkr5.19 Million). 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 | Nkr41.58 Million |
| % of Total Assets | 88.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Aquila Holdings ASA - Net Assets Trend (2020–2022)
This chart illustrates how Aquila Holdings 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 Aquila Holdings ASA (2020–2022)
The table below shows the annual net assets of Aquila Holdings ASA from 2020 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | Nkr47.65 Million | +2.02% |
| 2021-12-31 | Nkr46.71 Million | +694.87% |
| 2020-12-31 | Nkr-7.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aquila Holdings 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 1577600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr79.91 Million | 167.69% |
| Total Equity | Nkr47.65 Million | 100.00% |
Aquila Holdings ASA Competitors by Market Cap
The table below lists competitors of Aquila Holdings ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ACE LIBERTY+STONE LS -25
F:8MW
|
$9.46 Million |
|
Arya Resources Ltd.
V:RBZ
|
$9.46 Million |
|
STABILIS SOLUT. DL -001
F:QAT2
|
$9.46 Million |
|
TMK Energy Ltd
AU:TMK
|
$9.46 Million |
|
Altamira Gold Corp
PINK:EQTRF
|
$9.45 Million |
|
Wing Yip Food (China) Holdings Group Limited
KQ:900340
|
$9.45 Million |
|
PCF Group SA
WAR:PCF
|
$9.45 Million |
|
GTL Limited
NSE:GTL
|
$9.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aquila Holdings ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 46,709,000 to 47,652,000, a change of 943,000 (2.0%).
- Net income of 1,396,000 contributed positively to equity growth.
- Share repurchases of 464,000 reduced equity.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr1.40 Million | +2.93% |
| Share Repurchases | Nkr464.00K | -0.97% |
| Other Changes | Nkr11.00K | +0.02% |
| Total Change | Nkr- | 2.02% |
Book Value vs Market Value Analysis
This analysis compares Aquila Holdings 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: 5.86x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | Nkr-0.50 | Nkr1.19 | x |
| 2021-12-31 | Nkr0.19 | Nkr1.19 | x |
| 2022-12-31 | Nkr0.20 | Nkr1.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aquila Holdings 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): 2.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.23%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.11x
- Recent ROE (2.93%) is below the historical average (10.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -3.38% | 1.70x | 0.00x | Nkr-2.35 Million |
| 2021 | 29.83% | 88.11% | 0.29x | 1.17x | Nkr9.26 Million |
| 2022 | 2.93% | 19.23% | 0.14x | 1.11x | Nkr-3.37 Million |
Industry Comparison
This section compares Aquila Holdings 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: $1,009,680,291
- Average return on equity (ROE) among peers: 145.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aquila Holdings ASA (AQUIL) | Nkr41.58 Million | 0.00% | 0.12x | $9.46 Million |
| Aker Solutions ASA (AKSO) | $5.89 Billion | 21.72% | 3.65x | $1.29 Billion |
| Argeo AS (ARGEO) | $148.05 Million | -12.23% | 0.13x | $1.05 Million |
| Eidesvik Offshore ASA (EIOF) | $2.13 Billion | -8.19% | 1.61x | $11.08 Million |
| Electromagnetic Geoservices ASA (EMGS) | $3.33 Million | -1098.74% | 21.46x | $937.88K |
| SED Energy Holdings Plc (ENH) | $28.74 Million | -44.75% | 1.29x | $6.98K |
| Edda Wind ASA (EWIND) | $63.18 Million | 4.77% | 1.40x | $57.04 Million |
| MORELD AS (MORLD) | $698.55 Million | -101.82% | 9.29x | $82.08 Million |
| Prosafe SE (PRS) | $36.30 Million | 2556.20% | 12.58x | $53.14 Million |
| Petrolia SE (PSE) | $90.58 Million | -8.90% | 1.52x | $4.38 Million |