Eidesvik Offshore ASA (EIOF) - Net Assets

Latest as of December 2025: Nkr1.61 Billion NOK ≈ $169.77 Million USD

Based on the latest financial reports, Eidesvik Offshore ASA (EIOF) has net assets worth Nkr1.61 Billion NOK (≈ $169.77 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr3.68 Billion ≈ $387.76 Million USD) and total liabilities (Nkr2.07 Billion ≈ $217.99 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 tangible equity quality of Eidesvik Offshore ASA to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets Nkr1.61 Billion
% of Total Assets 43.78%
Annual Growth Rate 3.94%
5-Year Change 209.6%
10-Year Change 10.72%
Growth Volatility 42.97

Eidesvik Offshore ASA - Net Assets Trend (2002–2025)

This chart illustrates how Eidesvik Offshore ASA's net assets have evolved over time, based on quarterly financial data. See EIOF defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Eidesvik Offshore ASA (2002–2025)

The table below shows the annual net assets of Eidesvik Offshore ASA from 2002 to 2025. For live valuation and market cap data, see market cap of Eidesvik Offshore ASA.

Year Net Assets Change
2025-12-31 Nkr1.61 Billion
≈ $169.77 Million		 +2.94%
2024-12-31 Nkr1.57 Billion
≈ $164.92 Million		 -2.99%
2023-12-31 Nkr1.62 Billion
≈ $170.01 Million		 +74.09%
2022-12-31 Nkr928.05 Million
≈ $97.66 Million		 +78.09%
2021-12-31 Nkr521.10 Million
≈ $54.83 Million		 +8.45%
2020-12-31 Nkr480.52 Million
≈ $50.56 Million		 -34.13%
2019-12-31 Nkr729.47 Million
≈ $76.76 Million		 -48.80%
2018-12-31 Nkr1.42 Billion
≈ $149.93 Million		 -7.60%
2017-12-31 Nkr1.54 Billion
≈ $162.26 Million		 +5.83%
2016-12-31 Nkr1.46 Billion
≈ $153.32 Million		 -28.64%
2015-12-31 Nkr2.04 Billion
≈ $214.86 Million		 -3.93%
2014-12-31 Nkr2.13 Billion
≈ $223.65 Million		 -9.49%
2013-12-31 Nkr2.35 Billion
≈ $247.11 Million		 +6.67%
2012-12-31 Nkr2.20 Billion
≈ $231.65 Million		 +13.89%
2011-12-31 Nkr1.93 Billion
≈ $203.40 Million		 +4.28%
2010-12-31 Nkr1.85 Billion
≈ $195.06 Million		 -2.52%
2009-12-31 Nkr1.90 Billion
≈ $200.09 Million		 +132.22%
2008-12-31 Nkr818.84 Million
≈ $86.17 Million		 -44.62%
2007-12-31 Nkr1.48 Billion
≈ $155.60 Million		 -3.01%
2006-12-31 Nkr1.52 Billion
≈ $160.43 Million		 +13.26%
2005-12-31 Nkr1.35 Billion
≈ $141.64 Million		 +92.26%
2004-12-31 Nkr700.13 Million
≈ $73.67 Million		 +21.25%
2003-12-31 Nkr577.43 Million
≈ $60.76 Million		 -12.85%
2002-12-31 Nkr662.57 Million
≈ $69.72 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Eidesvik Offshore 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 130860800000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings Nkr1.31 Billion 81.11%
Common Stock Nkr3.65 Million 0.23%
Other Components Nkr301.06 Million 18.66%
Total Equity Nkr1.61 Billion 100.00%

Eidesvik Offshore ASA Competitors by Market Cap

The table below lists competitors of Eidesvik Offshore ASA ranked by their market capitalization.

Company Market Cap
Western Carriers India Ltd
NSE:WCIL
 $111.37 Million
Kuang Hong Arts Management
TWO:6596
 $111.46 Million
MDxHealth SA ADR
NASDAQ:MDXH
 $111.46 Million
Paramount Gold Nevada Corp
NYSE MKT:PZG
 $111.47 Million
ARRAIL GROUP LTD.
F:I1D
 $111.29 Million
Norooholdings
KO:000320
 $111.27 Million
Daewon Pharm
KO:003220
 $111.26 Million
e-Credible Co. Ltd
KQ:092130
 $111.25 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Eidesvik Offshore ASA's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 1,567,298,000 to 1,613,312,000, a change of 46,014,000 (2.9%).
  • Net income of 68,217,000 contributed positively to equity growth.
  • Dividend payments of 21,895,000 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Nkr68.22 Million +4.23%
Dividends Paid Nkr21.89 Million -1.36%
Other Changes Nkr-308.00K -0.02%
Total Change Nkr- 2.94%

Book Value vs Market Value Analysis

This analysis compares Eidesvik Offshore 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: 0.66x
  • 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.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 Nkr25.13 Nkr14.50 x
2005-12-31 Nkr34.21 Nkr14.50 x
2006-12-31 Nkr39.96 Nkr14.50 x
2007-12-31 Nkr37.37 Nkr14.50 x
2008-12-31 Nkr21.38 Nkr14.50 x
2009-12-31 Nkr49.87 Nkr14.50 x
2010-12-31 Nkr48.01 Nkr14.50 x
2011-12-31 Nkr49.36 Nkr14.50 x
2012-12-31 Nkr55.71 Nkr14.50 x
2013-12-31 Nkr58.80 Nkr14.50 x
2014-12-31 Nkr54.45 Nkr14.50 x
2015-12-31 Nkr52.18 Nkr14.50 x
2016-12-31 Nkr37.15 Nkr14.50 x
2017-12-31 Nkr50.07 Nkr14.50 x
2018-12-31 Nkr24.30 Nkr14.50 x
2019-12-31 Nkr13.22 Nkr14.50 x
2020-12-31 Nkr9.36 Nkr14.50 x
2021-12-31 Nkr8.34 Nkr14.50 x
2022-12-31 Nkr13.91 Nkr14.50 x
2023-12-31 Nkr20.59 Nkr14.50 x
2024-12-31 Nkr21.47 Nkr14.50 x
2025-12-31 Nkr22.11 Nkr14.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Eidesvik Offshore 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): 4.23%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.69%
  • • Asset Turnover: 0.21x
  • • Equity Multiplier: 2.28x
  • Recent ROE (4.23%) is above the historical average (-1.74%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 14.13% 15.79% 0.25x 3.55x Nkr26.33 Million
2005 11.45% 20.75% 0.22x 2.53x Nkr17.62 Million
2006 19.44% 34.63% 0.25x 2.22x Nkr143.97 Million
2007 -3.27% -6.19% 0.18x 3.00x Nkr-189.13 Million
2008 -73.72% -62.54% 0.21x 5.55x Nkr-685.49 Million
2009 57.39% 90.79% 0.23x 2.77x Nkr901.20 Million
2010 -3.04% -5.29% 0.21x 2.75x Nkr-239.98 Million
2011 3.72% 7.03% 0.20x 2.70x Nkr-118.74 Million
2012 13.22% 31.01% 0.16x 2.61x Nkr68.80 Million
2013 6.31% 14.94% 0.17x 2.54x Nkr-83.04 Million
2014 -8.36% -17.67% 0.18x 2.67x Nkr-382.09 Million
2015 -9.90% -17.52% 0.19x 3.05x Nkr-395.90 Million
2016 -39.04% -73.85% 0.15x 3.58x Nkr-694.66 Million
2017 10.29% 25.93% 0.14x 2.85x Nkr4.41 Million
2018 -19.87% -59.17% 0.12x 2.88x Nkr-425.82 Million
2019 -84.00% -109.07% 0.19x 4.09x Nkr-772.45 Million
2020 -22.77% -25.94% 0.16x 5.32x Nkr-190.60 Million
2021 5.93% 5.40% 0.21x 5.30x Nkr-21.12 Million
2022 40.02% 54.52% 0.27x 2.70x Nkr259.58 Million
2023 34.25% 73.59% 0.26x 1.81x Nkr364.46 Million
2024 5.28% 10.90% 0.26x 1.87x Nkr-73.99 Million
2025 4.23% 8.69% 0.21x 2.28x Nkr-93.11 Million

Industry Comparison

This section compares Eidesvik Offshore 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: $3,077,853,624
  • Average return on equity (ROE) among peers: -275.89%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Eidesvik Offshore ASA (EIOF) Nkr1.61 Billion 14.13% 1.28x $111.36 Million
Akastor ASA (AKAST) $13.55 Billion 9.27% 2.55x $355.64 Million
Aker Solutions ASA (AKSO) $11.98 Billion 18.77% 2.36x $2.27 Billion
Argeo AS (ARGEO) $148.05 Million -12.23% 0.13x $2.98 Million
BW Offshore Ltd (BWO) $919.90 Million -14.45% 2.66x $846.67 Million
Electromagnetic Geoservices ASA (EMGS) $2.22 Million -2484.61% 51.64x $2.50 Million
Edda Wind ASA (EWIND) $184.33 Million 1.22% 0.66x $308.89 Million
Prosafe SE (PRS) $715.30 Million -7.07% 2.06x $161.19 Million
Petrolia SE (PSE) $38.43 Million 5.22% 0.74x $35.10 Million
Reach Subsea (REACH) $157.44 Million 0.89% 1.15x $174.09 Million

About Eidesvik Offshore ASA

OL:EIOF Norway Oil & Gas Equipment & Services
Market Cap
$111.36 Million
Nkr1.06 Billion NOK
Market Cap Rank
#18776 Global
#164 in Norway
Share Price
Nkr14.50
Change (1 day)
-0.34%
52-Week Range
Nkr12.25 - Nkr17.70
All Time High
Nkr19.38
Categories
Companies in Norway Oil & Gas Equipment & Services
About

Eidesvik Offshore ASA provides services to the offshore supply, subsea, and offshore wind market in Norway. It operates through Supply, Subsea/Offshore Renewables, and Other segments. The company offers services to the offshore oil industry. It also provides shipping services for subsea work for the oil industry, as well as various services for the offshore renewable market. In addition, the comp… Read more