Klaveness Combination Carriers ASA (KCC) - Net Assets

Latest as of March 2026: Nkr376.91 Million NOK ≈ $39.66 Million USD

Based on the latest financial reports, Klaveness Combination Carriers ASA (KCC) has net assets worth Nkr376.91 Million NOK (≈ $39.66 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr749.65 Million ≈ $78.89 Million USD) and total liabilities (Nkr372.74 Million ≈ $39.22 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 KCC cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Nkr376.91 Million
% of Total Assets	50.28%
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. Also explore Klaveness Combination Carriers ASA asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Klaveness Combination Carriers ASA (KCC) total market value.

Year	Net Assets	Change
2025-12-31	Nkr366.05 Million ≈ $38.52 Million	+1.72%
2024-12-31	Nkr359.87 Million ≈ $37.87 Million	-0.51%
2023-12-31	Nkr361.70 Million ≈ $38.06 Million	+21.56%
2022-12-31	Nkr297.54 Million ≈ $31.31 Million	+16.95%
2021-12-31	Nkr254.42 Million ≈ $26.77 Million	+17.50%
2020-12-31	Nkr216.53 Million ≈ $22.79 Million	+1.24%
2019-12-31	Nkr213.88 Million ≈ $22.51 Million	+20.10%
2018-12-31	Nkr178.09 Million ≈ $18.74 Million	+2.75%
2017-12-31	Nkr173.31 Million ≈ $18.24 Million	-1.23%
2016-12-31	Nkr175.47 Million ≈ $18.46 Million	-34.97%
2015-12-31	Nkr269.81 Million ≈ $28.39 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
Shenzhen Aoto Electronics Co Ltd SHE:002587	$667.39 Million
Beazer Homes USA Inc NYSE:BZH	$645.62 Million
Hanwha Corp Preferred KO:00088K	$676.21 Million
Thor Explorations Ltd. V:THX	$646.13 Million
SD Biosensor Inc KO:137310	$674.45 Million
Pet Acquisition LLC NASDAQ:WOOF	$645.15 Million
Ackerstein Group Ltd TA:ACKR	$645.07 Million
Zhejiang Feida Environmental Science & Technology Co Ltd SHG:600526	$650.23 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: 16.16x
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 18.46x to 16.16x 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	Nkr99.80	x
2016-12-31	Nkr3.37	Nkr99.80	x
2017-12-31	Nkr3.19	Nkr99.80	x
2018-12-31	Nkr3.72	Nkr99.80	x
2019-12-31	Nkr3.58	Nkr99.80	x
2020-12-31	Nkr4.56	Nkr99.80	x
2021-12-31	Nkr5.20	Nkr99.80	x
2022-12-31	Nkr5.65	Nkr99.80	x
2023-12-31	Nkr6.35	Nkr99.80	x
2024-12-31	Nkr5.94	Nkr99.80	x
2025-12-31	Nkr6.17	Nkr99.80	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: $682,050,759
Average return on equity (ROE) among peers: 10.73%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Klaveness Combination Carriers ASA (KCC)	Nkr376.91 Million	12.68%	0.99x	$622.95 Million
2020 Bulkers Ltd (2020)	$14.90 Million	0.00%	0.01x	$11.43 Million
ADS Maritime Holding Plc (ADS)	$16.51 Million	28.72%	0.69x	$18.38 Million
American Shipping Company ASA (AMSC)	$1.16 Billion	12.28%	0.68x	$7.19K
Golden Energy Offshore Services AS (GEOS)	$108.01 Million	-53.59%	4.23x	$71.78 Million
Golden Ocean Group Ltd (GOGL)	$1.37 Billion	-10.06%	0.99x	$1.75 Billion
Hafnia Ltd (HAFNI)	$2.01 Billion	37.41%	0.95x	$4.15 Billion
Hoegh Autoliners ASA (HAUTO)	$1.17 Billion	49.82%	0.79x	$2.83 Billion
Havila Shipping ASA (HAVI)	$646.35 Million	23.12%	2.55x	$34.17 Million
Himalaya Shipping Ltd (HSHP)	$90.69 Million	-2.21%	0.97x	$646.01 Million
Jinhui Shipping and Transportation Limited (JIN)	$227.31 Million	21.81%	0.99x	$73.81 Million

About Klaveness Combination Carriers ASA

OL:KCC Norway Marine Shipping

Market Cap

$622.95 Million

Nkr5.92 Billion NOK

Market Cap Rank

#11283 Global

#81 in Norway

Share Price

Nkr99.80

Change (1 day)

-3.48%

52-Week Range

Nkr59.60 - Nkr103.40

All Time High

Nkr104.04