Endur ASA (ENDUR) - Net Assets
Based on the latest financial reports, Endur ASA (ENDUR) has net assets worth Nkr2.31 Billion NOK (≈ $242.74 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 (Nkr6.13 Billion ≈ $645.16 Million USD) and total liabilities (Nkr3.82 Billion ≈ $402.42 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. Also explore Endur ASA assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr2.31 Billion |
| % of Total Assets | 37.63% |
| Annual Growth Rate | 0.15% |
| 5-Year Change | 287.98% |
| 10-Year Change | 1435.07% |
| Growth Volatility | 72.6 |
Endur ASA - Net Assets Trend (2007–2024)
This chart illustrates how Endur ASA's net assets have evolved over time, based on quarterly financial data. Check how tangible is Endur ASA's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Endur ASA (2007–2024)
The table below shows the annual net assets of Endur ASA from 2007 to 2024. For live valuation and market cap data, see ENDUR market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr1.24 Billion ≈ $130.48 Million |
+4.05% |
| 2023-12-31 | Nkr1.19 Billion ≈ $125.40 Million |
+33.03% |
| 2022-12-31 | Nkr895.80 Million ≈ $94.26 Million |
-0.30% |
| 2021-12-31 | Nkr898.50 Million ≈ $94.55 Million |
+181.13% |
| 2020-12-31 | Nkr319.60 Million ≈ $33.63 Million |
+186.62% |
| 2019-12-31 | Nkr111.50 Million ≈ $11.73 Million |
-11.49% |
| 2018-12-31 | Nkr125.98 Million ≈ $13.26 Million |
-35.55% |
| 2017-12-31 | Nkr195.46 Million ≈ $20.57 Million |
+11.39% |
| 2016-12-31 | Nkr175.48 Million ≈ $18.47 Million |
+117.23% |
| 2015-12-31 | Nkr80.78 Million ≈ $8.50 Million |
-56.18% |
| 2014-12-31 | Nkr184.34 Million ≈ $19.40 Million |
-67.36% |
| 2013-12-31 | Nkr564.80 Million ≈ $59.43 Million |
-26.25% |
| 2012-12-31 | Nkr765.86 Million ≈ $80.59 Million |
-49.49% |
| 2011-12-31 | Nkr1.52 Billion ≈ $159.54 Million |
-7.17% |
| 2010-12-31 | Nkr1.63 Billion ≈ $171.86 Million |
+8.51% |
| 2009-12-31 | Nkr1.51 Billion ≈ $158.37 Million |
+6.29% |
| 2008-12-31 | Nkr1.42 Billion ≈ $149.01 Million |
+17.10% |
| 2007-12-31 | Nkr1.21 Billion ≈ $127.25 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Endur 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 4152.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr35.00 Million | 2.82% |
| Common Stock | Nkr18.30 Million | 1.48% |
| Other Components | Nkr1.19 Billion | 95.70% |
| Total Equity | Nkr1.24 Billion | 100.00% |
Endur ASA Competitors by Market Cap
The table below lists competitors of Endur ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hertz Global Holdings Inc
NASDAQ:HTZ
|
$609.43 Million |
|
Nuveen Dynamic Municipal Opportunities Fund
NYSE:NDMO
|
$609.43 Million |
|
Shanghai Sanyou Medical Co Ltd
SHG:688085
|
$609.95 Million |
|
Jiangsu Province Commun
SHG:603018
|
$610.12 Million |
|
Shaanxi Construction Machinery Co Ltd
SHG:600984
|
$608.86 Million |
|
Cybrid Technologies Inc
SHG:603212
|
$608.82 Million |
|
Shanghai Laiyifen Co Ltd
SHG:603777
|
$608.77 Million |
|
Gazit Globe Ltd
TA:GZT
|
$608.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Endur ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,191,700,000 to 1,239,000,000, a change of 47,300,000 (4.0%).
- Net income of 43,400,000 contributed positively to equity growth.
- Share repurchases of 8,900,000 reduced equity.
- New share issuances of 2,500,000 increased equity.
- Other comprehensive income decreased equity by 8,899,999.
- Other factors increased equity by 19,199,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr43.40 Million | +3.5% |
| Share Repurchases | Nkr8.90 Million | -0.72% |
| Share Issuances | Nkr2.50 Million | +0.2% |
| Other Comprehensive Income | Nkr-8.90 Million | -0.72% |
| Other Changes | Nkr19.20 Million | +1.55% |
| Total Change | Nkr- | 3.97% |
Book Value vs Market Value Analysis
This analysis compares Endur 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: 3.40x
- 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 increased from 0.07x to 3.40x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | Nkr1566.24 | Nkr114.80 | x |
| 2008-12-31 | Nkr1597.85 | Nkr114.80 | x |
| 2009-12-31 | Nkr1490.37 | Nkr114.80 | x |
| 2010-12-31 | Nkr1467.54 | Nkr114.80 | x |
| 2011-12-31 | Nkr1198.64 | Nkr114.80 | x |
| 2012-12-31 | Nkr612.69 | Nkr114.80 | x |
| 2013-12-31 | Nkr448.48 | Nkr114.80 | x |
| 2014-12-31 | Nkr145.59 | Nkr114.80 | x |
| 2015-12-31 | Nkr66.62 | Nkr114.80 | x |
| 2016-12-31 | Nkr143.21 | Nkr114.80 | x |
| 2017-12-31 | Nkr110.44 | Nkr114.80 | x |
| 2018-12-31 | Nkr51.05 | Nkr114.80 | x |
| 2019-12-31 | Nkr28.64 | Nkr114.80 | x |
| 2020-12-31 | Nkr51.86 | Nkr114.80 | x |
| 2021-12-31 | Nkr41.31 | Nkr114.80 | x |
| 2022-12-31 | Nkr32.63 | Nkr114.80 | x |
| 2023-12-31 | Nkr36.90 | Nkr114.80 | x |
| 2024-12-31 | Nkr33.78 | Nkr114.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Endur 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): 3.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.57%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 2.47x
- Recent ROE (3.50%) is above the historical average (-36.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 2.61% | 2.34% | 0.41x | 2.71x | Nkr-88.70 Million |
| 2008 | 1.34% | 0.51% | 0.96x | 2.76x | Nkr-122.57 Million |
| 2009 | 5.17% | 1.52% | 1.15x | 2.95x | Nkr-72.65 Million |
| 2010 | 0.68% | 0.33% | 1.06x | 1.92x | Nkr-152.25 Million |
| 2011 | -7.18% | -2.92% | 0.98x | 2.52x | Nkr-260.50 Million |
| 2012 | -98.61% | -21.77% | 1.01x | 4.50x | Nkr-828.91 Million |
| 2013 | -36.08% | -6.67% | 1.30x | 4.15x | Nkr-260.23 Million |
| 2014 | -206.43% | -50.59% | 0.80x | 5.10x | Nkr-398.97 Million |
| 2015 | -126.13% | -50.75% | 0.38x | 6.52x | Nkr-109.96 Million |
| 2016 | 41.68% | 29.72% | 0.82x | 1.71x | Nkr55.59 Million |
| 2017 | -5.98% | -4.30% | 1.01x | 1.38x | Nkr-31.23 Million |
| 2018 | -56.21% | -31.64% | 0.93x | 1.92x | Nkr-83.40 Million |
| 2019 | -8.62% | -1.95% | 1.48x | 2.99x | Nkr-20.77 Million |
| 2020 | -164.58% | -3187.88% | 0.02x | 3.10x | Nkr-557.96 Million |
| 2021 | -7.47% | -3.34% | 0.80x | 2.79x | Nkr-156.95 Million |
| 2022 | 1.02% | 0.36% | 0.97x | 2.89x | Nkr-80.48 Million |
| 2023 | -2.27% | -1.36% | 0.67x | 2.47x | Nkr-146.17 Million |
| 2024 | 3.50% | 1.57% | 0.90x | 2.47x | Nkr-80.50 Million |
Industry Comparison
This section compares Endur ASA's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,320,529,000
- Average return on equity (ROE) among peers: 12.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Endur ASA (ENDUR) | Nkr2.31 Billion | 2.61% | 1.66x | $609.09 Million |
| AF Gruppen ASA (AFG) | $325.55 Million | 17.64% | 3.61x | $2.24 Billion |
| Cadeler As (CADLR) | $325.26 Million | 2.29% | 0.31x | $2.05 Billion |
| DOF Group ASA (DOFG) | $-134.00 Million | 0.00% | 0.00x | $3.23 Billion |
| Goodtech (GOD) | $650.59 Million | -7.04% | 1.04x | $44.45 Million |
| Multiconsult AS (MULTI) | $1.23 Billion | 20.58% | 2.50x | $432.05 Million |
| Norconsult ASA (NORCO) | $2.26 Billion | 20.12% | 1.78x | $1.23 Billion |
| Sentia Asa (SNTIA) | $1.66 Billion | 29.79% | 2.98x | $81.24K |
| Veidekke ASA (VEI) | $4.26 Billion | 12.68% | 4.34x | $2.68 Billion |
About Endur ASA
Endúr ASA operates as a Scandinavian infrastructure contractor headquartered in Lysaker and listed on the Oslo Stock Exchange. The company focuses on critical infrastructure projects, including bridges, quays, tunnels, and dams. The company follows an acquisition-driven growth strategy supported by a decentralized operating model that allows subsidiaries to retain operational autonomy, technical … Read more