Kongsberg Gruppen ASA (KOG) - Net Assets
Based on the latest financial reports, Kongsberg Gruppen ASA (KOG) has net assets worth Nkr22.58 Billion NOK (≈ $2.38 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr82.12 Billion ≈ $8.64 Billion USD) and total liabilities (Nkr59.54 Billion ≈ $6.27 Billion 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 KOG tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr22.58 Billion |
| % of Total Assets | 27.5% |
| Annual Growth Rate | 11.87% |
| 5-Year Change | 70.44% |
| 10-Year Change | 245.16% |
| Growth Volatility | 26.62 |
Kongsberg Gruppen ASA - Net Assets Trend (2000–2025)
This chart illustrates how Kongsberg Gruppen ASA's net assets have evolved over time, based on quarterly financial data. See Kongsberg Gruppen ASA defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Kongsberg Gruppen ASA (2000–2025)
The table below shows the annual net assets of Kongsberg Gruppen ASA from 2000 to 2025. For live valuation and market cap data, see Kongsberg Gruppen ASA stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr23.21 Billion ≈ $2.44 Billion |
+20.46% |
| 2024-12-31 | Nkr19.27 Billion ≈ $2.03 Billion |
+17.04% |
| 2023-12-31 | Nkr16.46 Billion ≈ $1.73 Billion |
+21.65% |
| 2022-12-31 | Nkr13.54 Billion ≈ $1.42 Billion |
-0.62% |
| 2021-12-31 | Nkr13.62 Billion ≈ $1.43 Billion |
+2.39% |
| 2020-12-31 | Nkr13.30 Billion ≈ $1.40 Billion |
+3.83% |
| 2019-12-31 | Nkr12.81 Billion ≈ $1.35 Billion |
+1.46% |
| 2018-12-31 | Nkr12.63 Billion ≈ $1.33 Billion |
+71.43% |
| 2017-12-31 | Nkr7.37 Billion ≈ $775.01 Million |
+9.52% |
| 2016-12-31 | Nkr6.72 Billion ≈ $707.66 Million |
+9.76% |
| 2015-12-31 | Nkr6.13 Billion ≈ $644.74 Million |
-2.47% |
| 2014-12-31 | Nkr6.28 Billion ≈ $661.05 Million |
-5.63% |
| 2013-12-31 | Nkr6.66 Billion ≈ $700.51 Million |
+6.10% |
| 2012-12-31 | Nkr6.27 Billion ≈ $660.21 Million |
+14.41% |
| 2011-12-31 | Nkr5.48 Billion ≈ $577.07 Million |
+12.35% |
| 2010-12-31 | Nkr4.88 Billion ≈ $513.62 Million |
+31.00% |
| 2009-12-31 | Nkr3.73 Billion ≈ $392.08 Million |
+96.73% |
| 2008-12-31 | Nkr1.89 Billion ≈ $199.30 Million |
-31.33% |
| 2007-12-31 | Nkr2.76 Billion ≈ $290.22 Million |
+63.78% |
| 2006-12-31 | Nkr1.68 Billion ≈ $177.21 Million |
+11.89% |
| 2005-12-31 | Nkr1.50 Billion ≈ $158.37 Million |
-16.94% |
| 2004-12-31 | Nkr1.81 Billion ≈ $190.67 Million |
-0.98% |
| 2003-12-31 | Nkr1.83 Billion ≈ $192.57 Million |
+5.11% |
| 2002-12-31 | Nkr1.74 Billion ≈ $183.20 Million |
+13.20% |
| 2001-12-31 | Nkr1.54 Billion ≈ $161.84 Million |
+9.39% |
| 2000-12-31 | Nkr1.41 Billion ≈ $147.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kongsberg Gruppen 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 3637.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr15.40 Billion | 68.20% |
| Other Components | Nkr7.18 Billion | 31.80% |
| Total Equity | Nkr22.58 Billion | 100.00% |
Kongsberg Gruppen ASA Competitors by Market Cap
The table below lists competitors of Kongsberg Gruppen ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TRIP.COM GROUP DL-00125
F:CLVB
|
$28.46 Billion |
|
TDK Corporation
F:TDKA
|
$28.47 Billion |
|
NARI Technology Co Ltd
SHG:600406
|
$28.50 Billion |
|
Tata Steel Limited
NSE:TATASTEEL
|
$28.58 Billion |
|
Talanx AG
XETRA:TLX
|
$28.46 Billion |
|
PetroChina Company Limited
F:PC6
|
$28.44 Billion |
|
IQVIA Holdings Inc
NYSE:IQV
|
$28.43 Billion |
|
Naver Corporation
KO:035420
|
$28.42 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kongsberg Gruppen ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 18,677,000,000 to 22,579,000,000, a change of 3,902,000,000 (20.9%).
- Net income of 7,953,000,000 contributed positively to equity growth.
- Dividend payments of 3,870,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr7.95 Billion | +35.22% |
| Dividends Paid | Nkr3.87 Billion | -17.14% |
| Other Changes | Nkr-91.00 Million | -0.4% |
| Total Change | Nkr- | 20.89% |
Book Value vs Market Value Analysis
This analysis compares Kongsberg Gruppen 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: 11.98x
- 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 148.82x to 11.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | Nkr2.07 | Nkr307.50 | x |
| 2001-12-31 | Nkr2.27 | Nkr307.50 | x |
| 2002-12-31 | Nkr2.43 | Nkr307.50 | x |
| 2003-12-31 | Nkr2.59 | Nkr307.50 | x |
| 2004-12-31 | Nkr2.59 | Nkr307.50 | x |
| 2005-12-31 | Nkr2.15 | Nkr307.50 | x |
| 2006-12-31 | Nkr2.63 | Nkr307.50 | x |
| 2007-12-31 | Nkr4.32 | Nkr307.50 | x |
| 2008-12-31 | Nkr2.70 | Nkr307.50 | x |
| 2009-12-31 | Nkr5.36 | Nkr307.50 | x |
| 2010-12-31 | Nkr7.03 | Nkr307.50 | x |
| 2011-12-31 | Nkr7.91 | Nkr307.50 | x |
| 2012-12-31 | Nkr9.07 | Nkr307.50 | x |
| 2013-12-31 | Nkr9.63 | Nkr307.50 | x |
| 2014-12-31 | Nkr9.05 | Nkr307.50 | x |
| 2015-12-31 | Nkr8.81 | Nkr307.50 | x |
| 2016-12-31 | Nkr9.69 | Nkr307.50 | x |
| 2017-12-31 | Nkr10.61 | Nkr307.50 | x |
| 2018-12-31 | Nkr20.01 | Nkr307.50 | x |
| 2019-12-31 | Nkr14.17 | Nkr307.50 | x |
| 2020-12-31 | Nkr14.73 | Nkr307.50 | x |
| 2021-12-31 | Nkr15.12 | Nkr307.50 | x |
| 2022-12-31 | Nkr15.33 | Nkr307.50 | x |
| 2023-12-31 | Nkr18.16 | Nkr307.50 | x |
| 2024-12-31 | Nkr21.24 | Nkr307.50 | x |
| 2025-12-31 | Nkr25.67 | Nkr307.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kongsberg Gruppen 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): 35.22%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.20%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 3.66x
- Recent ROE (35.22%) is above the historical average (17.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 8.08% | 1.99% | 1.10x | 3.70x | Nkr-29.30 Million |
| 2002 | 13.11% | 3.09% | 1.25x | 3.40x | Nkr51.30 Million |
| 2003 | 7.07% | 1.88% | 1.11x | 3.40x | Nkr-51.80 Million |
| 2004 | 2.08% | 0.57% | 1.07x | 3.40x | Nkr-140.60 Million |
| 2005 | 17.64% | 4.59% | 0.87x | 4.41x | Nkr113.50 Million |
| 2006 | 14.87% | 3.71% | 0.91x | 4.39x | Nkr81.60 Million |
| 2007 | 35.71% | 11.81% | 0.90x | 3.35x | Nkr706.30 Million |
| 2008 | 31.53% | 5.31% | 0.89x | 6.69x | Nkr400.80 Million |
| 2009 | 22.35% | 5.99% | 1.12x | 3.34x | Nkr457.60 Million |
| 2010 | 30.88% | 9.68% | 1.11x | 2.88x | Nkr1.01 Billion |
| 2011 | 26.17% | 9.45% | 0.97x | 2.86x | Nkr883.60 Million |
| 2012 | 21.16% | 8.47% | 0.96x | 2.60x | Nkr698.70 Million |
| 2013 | 18.47% | 7.52% | 0.94x | 2.62x | Nkr563.10 Million |
| 2014 | 13.96% | 5.27% | 0.82x | 3.24x | Nkr247.70 Million |
| 2015 | 12.27% | 4.39% | 0.89x | 3.14x | Nkr138.40 Million |
| 2016 | 9.76% | 4.12% | 0.75x | 3.17x | Nkr-16.10 Million |
| 2017 | 7.56% | 3.82% | 0.70x | 2.84x | Nkr-179.10 Million |
| 2018 | 5.56% | 4.87% | 0.52x | 2.19x | Nkr-559.60 Million |
| 2019 | 5.49% | 2.91% | 0.61x | 3.09x | Nkr-575.30 Million |
| 2020 | 21.83% | 11.29% | 0.65x | 2.96x | Nkr1.57 Billion |
| 2021 | 16.03% | 7.87% | 0.70x | 2.92x | Nkr812.00 Million |
| 2022 | 20.50% | 8.72% | 0.74x | 3.19x | Nkr1.42 Billion |
| 2023 | 23.25% | 9.14% | 0.76x | 3.33x | Nkr2.12 Billion |
| 2024 | 27.45% | 20.80% | 0.36x | 3.72x | Nkr3.26 Billion |
| 2025 | 35.22% | 25.20% | 0.38x | 3.66x | Nkr5.70 Billion |
Industry Comparison
This section compares Kongsberg Gruppen ASA's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $5,430,000
- Average return on equity (ROE) among peers: 21.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kongsberg Gruppen ASA (KOG) | Nkr22.58 Billion | 8.08% | 2.64x | $28.46 Billion |
| Norsk Titanium AS (NTI) | $-80.52 Million | 0.00% | 0.00x | $123.50 Million |
| Philly Shipyard ASA (PHLY) | $91.38 Million | 42.30% | 3.47x | $5.48 Million |
About Kongsberg Gruppen ASA
Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the defense markets. It operates through Kongsberg Defence & Aerospace, Kongsberg Discovery, and Other segments. The Kongsberg Defence & Aerospace segment provides various systems and services to the defence industry. It provides air defence and combat systems, sonars, and nav… Read more