General Oceans ASA (GENO) - Net Assets
Based on the latest financial reports, General Oceans ASA (GENO) has net assets worth Nkr- NOK (≈ $- USD) as of . Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr- ≈ $- USD) and total liabilities (Nkr- ≈ $- 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. Explore cash flow conversion of General Oceans ASA to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr- |
| % of Total Assets | 0% |
| Annual Growth Rate | 6.39% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.18 |
General Oceans ASA - Net Assets Trend (2023–2025)
This chart illustrates how General Oceans ASA's net assets have evolved over time, based on quarterly financial data. Also explore General Oceans ASA (GENO) total assets for the complete picture of this company's asset base.
Annual Net Assets for General Oceans ASA (2023–2025)
The table below shows the annual net assets of General Oceans ASA from 2023 to 2025. For live valuation and market cap data, see General Oceans ASA stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr707.84 Million ≈ $74.49 Million |
-1.47% |
| 2024-12-31 | Nkr718.39 Million ≈ $75.60 Million |
+14.89% |
| 2023-12-31 | Nkr625.28 Million ≈ $65.80 Million |
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Equity Component Analysis
This analysis shows how different components contribute to General Oceans 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 727.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr175.48 Million | 24.79% |
| Other Components | Nkr532.36 Million | 75.21% |
| Total Equity | Nkr707.84 Million | 100.00% |
General Oceans ASA Competitors by Market Cap
The table below lists competitors of General Oceans ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EQV Ventures Acquisition Corp. II
NYSE:EVAC
|
$477.46 Million |
|
Boiron SA
PA:BOI
|
$477.46 Million |
|
Qingdao Vland Biotech Co Ltd
SHG:603739
|
$477.64 Million |
|
Youngtek Electronics
TWO:6261
|
$477.71 Million |
|
POSCO M-TECH Co. Ltd
KQ:009520
|
$477.21 Million |
|
NanJing Sanchao Advanced Materials Co Ltd
SHE:300554
|
$477.15 Million |
|
Zhanjiang Guolian Aquatic Products
SHE:300094
|
$477.10 Million |
|
KT Submarine Co. Ltd
KQ:060370
|
$477.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in General Oceans ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 718,389,000 to 707,843,000, a change of -10,546,000 (-1.5%).
- Net income of 165,081,000 contributed positively to equity growth.
- Dividend payments of 40,000,000 reduced retained earnings.
- New share issuances of 4,602,000 increased equity.
- Other factors decreased equity by 140,229,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr165.08 Million | +23.32% |
| Dividends Paid | Nkr40.00 Million | -5.65% |
| Share Issuances | Nkr4.60 Million | +0.65% |
| Other Changes | Nkr-140.23 Million | -19.81% |
| Total Change | Nkr- | -1.47% |
Book Value vs Market Value Analysis
This analysis compares General Oceans 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: 6.41x
- 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 7.26x to 6.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | Nkr3.25 | Nkr23.60 | x |
| 2024-12-31 | Nkr3.74 | Nkr23.60 | x |
| 2025-12-31 | Nkr3.68 | Nkr23.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently General Oceans 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): 23.32%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.89%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.91x
- Recent ROE (23.32%) is above the historical average (5.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -11.60% | -8.97% | 0.77x | 1.67x | Nkr-135.05 Million |
| 2024 | 5.45% | 4.09% | 0.73x | 1.83x | Nkr-32.66 Million |
| 2025 | 23.32% | 12.89% | 0.95x | 1.91x | Nkr94.30 Million |
Industry Comparison
This section compares General Oceans ASA's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $397,246,000
- Average return on equity (ROE) among peers: 11.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| General Oceans ASA (GENO) | Nkr- | -11.60% | N/A | $477.42 Million |
| Next Biometrics Group ASA (NEXT) | $1.69 Million | 0.00% | 7.56x | $14.38 Million |
| Norbit ASA (NORBT) | $792.80 Million | 23.37% | 0.89x | $1.25 Billion |
About General Oceans ASA
General Oceans ASA engages in developing and manufacturing oceanographic sensors, underwater vehicle systems, robotic manipulators, and software in Norway and Internationally. The company operates through two segments: Sensors and Robotics. The Sensors segment includes the design, manufacture, integration and sale of acoustic and environmental subsea sensors used for underwater perception, naviga… Read more