BW Offshore Ltd (BWO) - Net Assets
Based on the latest financial reports, BW Offshore Ltd (BWO) has net assets worth Nkr1.13 Billion NOK (≈ $119.08 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 (Nkr4.17 Billion ≈ $438.98 Million USD) and total liabilities (Nkr3.04 Billion ≈ $319.91 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 BW Offshore Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr1.13 Billion |
| % of Total Assets | 27.13% |
| Annual Growth Rate | 15.45% |
| 5-Year Change | 31.92% |
| 10-Year Change | 32.0% |
| Growth Volatility | 86.67 |
BW Offshore Ltd - Net Assets Trend (2004–2024)
This chart illustrates how BW Offshore Ltd's net assets have evolved over time, based on quarterly financial data. See BWO cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for BW Offshore Ltd (2004–2024)
The table below shows the annual net assets of BW Offshore Ltd from 2004 to 2024. For live valuation and market cap data, see BWO company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr1.25 Billion ≈ $131.18 Million |
+4.29% |
| 2023-12-31 | Nkr1.20 Billion ≈ $125.78 Million |
+3.84% |
| 2022-12-31 | Nkr1.15 Billion ≈ $121.13 Million |
+12.70% |
| 2021-12-31 | Nkr1.02 Billion ≈ $107.48 Million |
+8.08% |
| 2020-12-31 | Nkr945.00 Million ≈ $99.44 Million |
-35.21% |
| 2019-12-31 | Nkr1.46 Billion ≈ $153.48 Million |
+10.42% |
| 2018-12-31 | Nkr1.32 Billion ≈ $139.00 Million |
+4.88% |
| 2017-12-31 | Nkr1.26 Billion ≈ $132.53 Million |
+36.91% |
| 2016-12-31 | Nkr919.90 Million ≈ $96.80 Million |
-2.59% |
| 2015-12-31 | Nkr944.40 Million ≈ $99.38 Million |
-21.18% |
| 2014-12-31 | Nkr1.20 Billion ≈ $126.07 Million |
+6.58% |
| 2013-12-31 | Nkr1.12 Billion ≈ $118.29 Million |
-0.27% |
| 2012-12-31 | Nkr1.13 Billion ≈ $118.60 Million |
-3.82% |
| 2011-12-31 | Nkr1.17 Billion ≈ $123.32 Million |
-14.81% |
| 2010-12-31 | Nkr1.38 Billion ≈ $144.75 Million |
+49.38% |
| 2009-12-31 | Nkr920.90 Million ≈ $96.91 Million |
-0.27% |
| 2008-12-31 | Nkr923.40 Million ≈ $97.17 Million |
-38.89% |
| 2007-12-31 | Nkr1.51 Billion ≈ $159.01 Million |
+294.13% |
| 2006-12-31 | Nkr383.40 Million ≈ $40.34 Million |
+548.42% |
| 2005-12-31 | Nkr-85.50 Million ≈ $-9.00 Million |
-221.29% |
| 2004-12-31 | Nkr70.49 Million ≈ $7.42 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to BW Offshore Ltd'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr92.50 Million | 8.49% |
| Other Components | Nkr997.30 Million | 91.51% |
| Total Equity | Nkr1.09 Billion | 100.00% |
BW Offshore Ltd Competitors by Market Cap
The table below lists competitors of BW Offshore Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mega Lifesciences Public Company Limited
BK:MEGA-R
|
$869.61 Million |
|
HMC Capital Ltd
AU:HMC
|
$870.02 Million |
|
Yunnan QuakeSafe Seismic Isolation Technologies Co Ltd Class A
SHE:300767
|
$870.05 Million |
|
KPI Green Energy Limited
NSE:KPIGREEN
|
$870.74 Million |
|
JC Finance & Tax Interconnect Holdings Ltd
SHE:002530
|
$868.84 Million |
|
Changchun Faway Automobile Components Co Ltd
SHG:600742
|
$868.77 Million |
|
IDI Insurance Company Ltd
TA:IDIN
|
$868.13 Million |
|
ARS Pharmaceuticals, Inc
NASDAQ:SPRY
|
$867.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BW Offshore Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,005,600,000 to 1,089,800,000, a change of 84,200,000 (8.4%).
- Net income of 120,600,000 contributed positively to equity growth.
- Dividend payments of 78,600,000 reduced retained earnings.
- Other factors increased equity by 42,200,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr120.60 Million | +11.07% |
| Dividends Paid | Nkr78.60 Million | -7.21% |
| Other Changes | Nkr42.20 Million | +3.87% |
| Total Change | Nkr- | 8.37% |
Book Value vs Market Value Analysis
This analysis compares BW Offshore Ltd'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: 7.57x
- 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 |
|---|---|---|---|
| 2005-12-31 | Nkr-832.84 | Nkr45.60 | x |
| 2006-12-31 | Nkr32.69 | Nkr45.60 | x |
| 2007-12-31 | Nkr43.39 | Nkr45.60 | x |
| 2008-12-31 | Nkr23.66 | Nkr45.60 | x |
| 2009-12-31 | Nkr23.59 | Nkr45.60 | x |
| 2010-12-31 | Nkr31.66 | Nkr45.60 | x |
| 2011-12-31 | Nkr19.91 | Nkr45.60 | x |
| 2012-12-31 | Nkr19.15 | Nkr45.60 | x |
| 2013-12-31 | Nkr19.10 | Nkr45.60 | x |
| 2014-12-31 | Nkr20.36 | Nkr45.60 | x |
| 2015-12-31 | Nkr68.63 | Nkr45.60 | x |
| 2016-12-31 | Nkr10.20 | Nkr45.60 | x |
| 2017-12-31 | Nkr5.25 | Nkr45.60 | x |
| 2018-12-31 | Nkr5.38 | Nkr45.60 | x |
| 2019-12-31 | Nkr5.93 | Nkr45.60 | x |
| 2020-12-31 | Nkr3.50 | Nkr45.60 | x |
| 2021-12-31 | Nkr3.60 | Nkr45.60 | x |
| 2022-12-31 | Nkr4.45 | Nkr45.60 | x |
| 2023-12-31 | Nkr4.85 | Nkr45.60 | x |
| 2024-12-31 | Nkr6.03 | Nkr45.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BW Offshore Ltd 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): 11.07%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.88%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 3.71x
- Recent ROE (11.07%) is above the historical average (-3.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | 5.68% | 0.10x | 0.00x | Nkr11.45 Million |
| 2006 | 1.17% | 4.02% | 0.13x | 2.29x | Nkr-33.84 Million |
| 2007 | 3.61% | 8.24% | 0.22x | 1.98x | Nkr-96.51 Million |
| 2008 | -57.68% | -117.99% | 0.20x | 2.49x | Nkr-624.94 Million |
| 2009 | -0.96% | -2.21% | 0.17x | 2.60x | Nkr-100.89 Million |
| 2010 | 1.70% | 4.26% | 0.15x | 2.67x | Nkr-114.16 Million |
| 2011 | -9.86% | -13.65% | 0.23x | 3.09x | Nkr-232.69 Million |
| 2013 | 7.44% | 8.51% | 0.29x | 2.98x | Nkr-28.81 Million |
| 2014 | 15.62% | 17.49% | 0.29x | 3.06x | Nkr67.39 Million |
| 2015 | -22.90% | -19.52% | 0.32x | 3.64x | Nkr-310.74 Million |
| 2016 | -14.45% | -15.73% | 0.25x | 3.66x | Nkr-224.89 Million |
| 2017 | 4.10% | 6.36% | 0.18x | 3.52x | Nkr-57.35 Million |
| 2018 | 3.36% | 3.85% | 0.25x | 3.43x | Nkr-66.06 Million |
| 2019 | 7.38% | 7.16% | 0.34x | 3.01x | Nkr-29.36 Million |
| 2020 | -41.53% | -34.98% | 0.34x | 3.47x | Nkr-384.65 Million |
| 2021 | 8.09% | 7.55% | 0.28x | 3.89x | Nkr-14.75 Million |
| 2022 | 13.82% | 16.75% | 0.22x | 3.73x | Nkr35.85 Million |
| 2023 | 9.98% | 15.23% | 0.17x | 3.93x | Nkr-160.00K |
| 2024 | 11.07% | 19.88% | 0.15x | 3.71x | Nkr11.62 Million |
Industry Comparison
This section compares BW Offshore Ltd'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: $2,206,918,066
- Average return on equity (ROE) among peers: -83.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BW Offshore Ltd (BWO) | Nkr1.13 Billion | 0.00% | 2.69x | $869.55 Million |
| Akastor ASA (AKAST) | $8.61 Billion | 16.71% | 3.96x | $365.97 Million |
| Aker Solutions ASA (AKSO) | $7.86 Billion | 3.23% | 2.67x | $2.31 Billion |
| Argeo AS (ARGEO) | $4.20 Million | 20.00% | 0.36x | $2.98 Million |
| Eidesvik Offshore ASA (EIOF) | $1.90 Billion | 57.39% | 1.77x | $115.20 Million |
| Electromagnetic Geoservices ASA (EMGS) | $24.74 Million | -328.58% | 3.17x | $2.72 Million |
| Edda Wind ASA (EWIND) | $29.65 Million | -6.46% | 2.07x | $308.89 Million |
| Prosafe SE (PRS) | $1.09 Billion | 11.76% | 0.97x | $161.19 Million |
| Petrolia SE (PSE) | $58.65 Million | -557.58% | 16.51x | $36.96 Million |
| Reach Subsea (REACH) | $286.81 Million | 32.71% | 1.60x | $180.28 Million |
About BW Offshore Ltd
BW Offshore Limited engages in the engineering of offshore production solutions in the Americas, Europe, Africa, Asia, and the Pacific. It operates through Floating Production, Storage, and Offloading (FPSO); and Floating Wind segments. The company builds, owns, and operates FPSO assets for oil and gas industries. It also provides engineering, procurement, construction, and installation services … Read more