Klaveness Combination Carriers ASA
Klaveness Combination Carriers ASA owns and operates combination carriers for the dry bulk shipping and product tanker industries in the Middle East, Australia, Oceania, North East Asia, South America, North America, Europe, Africa, Southeast Asia, and South Asia. The company's vessels transport caustic coda solution, floating fertilizer, molasses, clean petroleum products, heavy liquid cargoes, … Read more
Klaveness Combination Carriers ASA (KCC) - Net Assets
Latest net assets as of December 2025: Nkr366.05 Million NOK
Based on the latest financial reports, Klaveness Combination Carriers ASA (KCC) has net assets worth Nkr366.05 Million NOK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr665.34 Million) and total liabilities (Nkr299.29 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 | Nkr366.05 Million |
| % of Total Assets | 55.02% |
| Annual Growth Rate | 3.1% |
| 5-Year Change | 43.88% |
| 10-Year Change | 108.62% |
| Growth Volatility | 15.8 |
Klaveness Combination Carriers ASA - Net Assets Trend (2015–2025)
This chart illustrates how Klaveness Combination Carriers 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 Klaveness Combination Carriers ASA (2015–2025)
The table below shows the annual net assets of Klaveness Combination Carriers ASA from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr366.05 Million | +1.72% |
| 2024-12-31 | Nkr359.87 Million | -0.51% |
| 2023-12-31 | Nkr361.70 Million | +21.56% |
| 2022-12-31 | Nkr297.54 Million | +16.95% |
| 2021-12-31 | Nkr254.42 Million | +17.50% |
| 2020-12-31 | Nkr216.53 Million | +1.24% |
| 2019-12-31 | Nkr213.88 Million | +20.10% |
| 2018-12-31 | Nkr178.09 Million | +2.75% |
| 2017-12-31 | Nkr173.31 Million | -1.23% |
| 2016-12-31 | Nkr175.47 Million | -34.97% |
| 2015-12-31 | Nkr269.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Klaveness Combination Carriers 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 decreased by 22.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr159.58 Million | 43.59% |
| Other Components | Nkr206.47 Million | 56.41% |
| Total Equity | Nkr366.05 Million | 100.00% |
Klaveness Combination Carriers ASA Competitors by Market Cap
The table below lists competitors of Klaveness Combination Carriers ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lotus Resources Ltd
AU:LOT
|
$168.39 Million |
|
Adimmune Corp
TW:4142
|
$168.40 Million |
|
CviLux Corp
TW:8103
|
$168.42 Million |
|
RAJAF
OTCQB:RAJAF
|
$168.48 Million |
|
Shanghai Xintonglian Packaging Co Ltd
SHG:603022
|
$168.28 Million |
|
Nippon Chemi-Con Corporation
MU:NCZ
|
$168.24 Million |
|
Pondy Oxides & Chemicals Limited
NSE:POCL
|
$168.20 Million |
|
ShenZhen GAD Environmental Technology Co. Ltd.
SHE:300854
|
$168.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Klaveness Combination Carriers ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 359,866,000 to 366,051,000, a change of 6,185,000 (1.7%).
- Net income of 33,414,000 contributed positively to equity growth.
- Dividend payments of 18,075,000 reduced retained earnings.
- Share repurchases of 6,637,000 reduced equity.
- Other comprehensive income decreased equity by 7,217,999.
- Other factors increased equity by 4,700,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr33.41 Million | +9.13% |
| Dividends Paid | Nkr18.07 Million | -4.94% |
| Share Repurchases | Nkr6.64 Million | -1.81% |
| Other Comprehensive Income | Nkr-7.22 Million | -1.97% |
| Other Changes | Nkr4.70 Million | +1.28% |
| Total Change | Nkr- | 1.72% |
Book Value vs Market Value Analysis
This analysis compares Klaveness Combination Carriers 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: 14.35x
- 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 16.38x to 14.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | Nkr5.41 | Nkr88.60 | x |
| 2016-12-31 | Nkr3.37 | Nkr88.60 | x |
| 2017-12-31 | Nkr3.19 | Nkr88.60 | x |
| 2018-12-31 | Nkr3.72 | Nkr88.60 | x |
| 2019-12-31 | Nkr3.58 | Nkr88.60 | x |
| 2020-12-31 | Nkr4.56 | Nkr88.60 | x |
| 2021-12-31 | Nkr5.20 | Nkr88.60 | x |
| 2022-12-31 | Nkr5.65 | Nkr88.60 | x |
| 2023-12-31 | Nkr6.35 | Nkr88.60 | x |
| 2024-12-31 | Nkr5.94 | Nkr88.60 | x |
| 2025-12-31 | Nkr6.17 | Nkr88.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Klaveness Combination Carriers 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): 9.13%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.01%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.82x
- Recent ROE (9.13%) is below the historical average (11.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 12.68% | 64.39% | 0.13x | 1.50x | Nkr6.94 Million |
| 2016 | 21.09% | 82.84% | 0.15x | 1.75x | Nkr17.87 Million |
| 2017 | 1.16% | 3.82% | 0.16x | 1.92x | Nkr-13.52 Million |
| 2018 | 4.48% | 7.84% | 0.30x | 1.87x | Nkr-9.83 Million |
| 2019 | 0.28% | 0.44% | 0.30x | 2.15x | Nkr-20.79 Million |
| 2020 | 7.01% | 9.33% | 0.30x | 2.54x | Nkr-6.47 Million |
| 2021 | 8.88% | 11.42% | 0.31x | 2.48x | Nkr-2.84 Million |
| 2022 | 20.46% | 23.35% | 0.41x | 2.16x | Nkr31.11 Million |
| 2023 | 24.03% | 30.26% | 0.46x | 1.74x | Nkr50.73 Million |
| 2024 | 22.62% | 29.26% | 0.45x | 1.70x | Nkr45.42 Million |
| 2025 | 9.13% | 14.01% | 0.36x | 1.82x | Nkr-3.19 Million |
Industry Comparison
This section compares Klaveness Combination Carriers ASA's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $626,899,772
- Average return on equity (ROE) among peers: 9.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Klaveness Combination Carriers ASA (KCC) | Nkr366.05 Million | 12.68% | 0.82x | $168.30 Million |
| ADS Maritime Holding Plc (ADS) | $4.63 Million | -4.21% | 0.02x | $1.46 Million |
| Belships (BELCO) | $261.85 Million | 22.21% | 2.15x | $399.83 Million |
| Bruton Limited (BRUT) | $30.78 Million | -0.48% | 0.01x | $43.50K |
| Hafnia Ltd (HAFNI) | $2.01 Billion | 37.41% | 0.95x | $52.04 Million |
| Havila Shipping ASA (HAVI) | $-712.54 Million | 0.00% | 0.00x | $8.40 Million |
| Odfjell SE (ODF) | $759.48 Million | -14.16% | 2.11x | $237.10 Million |
| Odfjell B (ODFB) | $992.80 Million | 15.65% | 1.05x | $227.05 Million |
| Solstad Offsho (SOFF) | $2.23 Billion | 5.03% | 1.42x | $156.45 Million |
| Stainless Tankers ASA (STST) | $66.92 Million | 21.87% | 1.18x | $31.91K |