Norsk Hydro ASA (NHY) - Net Assets

Latest as of March 2026: Nkr110.00 Billion NOK ≈ $11.58 Billion USD

Based on the latest financial reports, Norsk Hydro ASA (NHY) has net assets worth Nkr110.00 Billion NOK (≈ $11.58 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr206.93 Billion ≈ $21.77 Billion USD) and total liabilities (Nkr96.92 Billion ≈ $10.20 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. Also explore NHY current and non-current assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets Nkr110.00 Billion
% of Total Assets 53.16%
Annual Growth Rate 8.52%
5-Year Change 21.18%
10-Year Change 22.2%
Growth Volatility 55.73

Norsk Hydro ASA - Net Assets Trend (1985–2025)

This chart illustrates how Norsk Hydro ASA's net assets have evolved over time, based on quarterly financial data. Check how tangible is Norsk Hydro ASA's equity to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Norsk Hydro ASA (1985–2025)

The table below shows the annual net assets of Norsk Hydro ASA from 1985 to 2025. For live valuation and market cap data, see market cap of Norsk Hydro ASA.

Year Net Assets Change
2025-12-31 Nkr107.09 Billion
≈ $11.27 Billion		 -0.33%
2024-12-31 Nkr107.45 Billion
≈ $11.31 Billion		 +0.25%
2023-12-31 Nkr107.18 Billion
≈ $11.28 Billion		 -0.57%
2022-12-31 Nkr107.80 Billion
≈ $11.34 Billion		 +21.97%
2021-12-31 Nkr88.38 Billion
≈ $9.30 Billion		 +14.12%
2020-12-31 Nkr77.44 Billion
≈ $8.15 Billion		 -7.89%
2019-12-31 Nkr84.08 Billion
≈ $8.85 Billion		 -7.37%
2018-12-31 Nkr90.77 Billion
≈ $9.55 Billion		 -1.61%
2017-12-31 Nkr92.25 Billion
≈ $9.71 Billion		 +5.26%
2016-12-31 Nkr87.64 Billion
≈ $9.22 Billion		 +10.48%
2015-12-31 Nkr79.33 Billion
≈ $8.35 Billion		 -0.77%
2014-12-31 Nkr79.94 Billion
≈ $8.41 Billion		 +6.21%
2013-12-31 Nkr75.26 Billion
≈ $7.92 Billion		 +1.92%
2012-12-31 Nkr73.84 Billion
≈ $7.77 Billion		 -13.30%
2011-12-31 Nkr85.17 Billion
≈ $8.96 Billion		 +48.78%
2010-12-31 Nkr57.25 Billion
≈ $6.02 Billion		 +21.30%
2009-12-31 Nkr47.20 Billion
≈ $4.97 Billion		 -12.83%
2008-12-31 Nkr54.14 Billion
≈ $5.70 Billion		 -1.58%
2007-12-31 Nkr55.01 Billion
≈ $5.79 Billion		 -43.32%
2006-12-31 Nkr97.05 Billion
≈ $10.21 Billion		 +0.73%
2005-12-31 Nkr96.35 Billion
≈ $10.14 Billion		 +9.33%
2004-12-31 Nkr88.13 Billion
≈ $9.27 Billion		 -0.97%
2003-12-31 Nkr88.99 Billion
≈ $9.36 Billion		 +15.89%
2002-12-31 Nkr76.79 Billion
≈ $8.08 Billion		 +1.01%
2001-12-31 Nkr76.02 Billion
≈ $8.00 Billion		 +4.71%
2000-12-31 Nkr72.60 Billion
≈ $7.64 Billion		 +19.13%
1999-12-31 Nkr60.94 Billion
≈ $6.41 Billion		 +22.67%
1998-12-31 Nkr49.68 Billion
≈ $5.23 Billion		 +5.81%
1997-12-31 Nkr46.95 Billion
≈ $4.94 Billion		 +25.78%
1996-12-31 Nkr37.33 Billion
≈ $3.93 Billion		 -2.43%
1995-12-31 Nkr38.26 Billion
≈ $4.03 Billion		 +19.66%
1994-12-31 Nkr31.97 Billion
≈ $3.36 Billion		 +34.10%
1993-12-31 Nkr23.84 Billion
≈ $2.51 Billion		 +12.15%
1992-12-31 Nkr21.26 Billion
≈ $2.24 Billion		 +8.79%
1991-12-31 Nkr19.54 Billion
≈ $2.06 Billion		 -4.72%
1990-12-31 Nkr20.51 Billion
≈ $2.16 Billion		 +10.72%
1989-12-31 Nkr18.52 Billion
≈ $1.95 Billion		 +12.24%
1988-12-31 Nkr16.50 Billion
≈ $1.74 Billion		 +349.57%
1987-12-31 Nkr3.67 Billion
≈ $386.29 Million		 +7.08%
1986-12-31 Nkr3.43 Billion
≈ $360.74 Million		 -15.87%
1985-12-31 Nkr4.07 Billion
≈ $428.78 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Norsk Hydro 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 67424.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings Nkr59.91 Billion 60.01%
Common Stock Nkr2.17 Billion 2.18%
Other Components Nkr37.76 Billion 37.82%
Total Equity Nkr99.84 Billion 100.00%

Norsk Hydro ASA Competitors by Market Cap

The table below lists competitors of Norsk Hydro ASA ranked by their market capitalization.

Company Market Cap
Rongsheng Petrochemical Co Ltd
SHE:002493
 $17.78 Billion
FORTUM OYJ ADR 1/5/EO340
F:FOT0
 $17.80 Billion
Yuanjie Semiconductor Technology Co. Ltd. A
SHG:688498
 $17.80 Billion
Grupo Carso S.A.B. de C.V
MX:GCARSOA1
 $17.81 Billion
Avic Shenyang Aircraft Co Ltd
SHG:600760
 $17.73 Billion
Lennar Corporation
NYSE:LEN
 $17.73 Billion
Asustek Computer Inc
TW:2357
 $17.71 Billion
SAIC Motor Corp Ltd
SHG:600104
 $17.71 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Norsk Hydro ASA's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 101,461,000,000 to 99,843,000,000, a change of -1,618,000,000 (-1.6%).
  • Net income of 6,717,000,000 contributed positively to equity growth.
  • Dividend payments of 4,581,000,000 reduced retained earnings.
  • Share repurchases of 832,000,000 reduced equity.
  • New share issuances of 24,000,000 increased equity.
  • Other comprehensive income decreased equity by 11,854,000,000.
  • Other factors increased equity by 8,908,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Nkr6.72 Billion +6.73%
Dividends Paid Nkr4.58 Billion -4.59%
Share Repurchases Nkr832.00 Million -0.83%
Share Issuances Nkr24.00 Million +0.02%
Other Comprehensive Income Nkr-11.85 Billion -11.87%
Other Changes Nkr8.91 Billion +8.92%
Total Change Nkr- -1.59%

Book Value vs Market Value Analysis

This analysis compares Norsk Hydro 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: 1.69x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 22.51x to 1.69x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1985-12-31 Nkr3.81 Nkr85.74 x
1986-12-31 Nkr3.20 Nkr85.74 x
1987-12-31 Nkr3.91 Nkr85.74 x
1988-12-31 Nkr14.94 Nkr85.74 x
1989-12-31 Nkr16.44 Nkr85.74 x
1990-12-31 Nkr18.14 Nkr85.74 x
1991-12-31 Nkr16.30 Nkr85.74 x
1992-12-31 Nkr17.83 Nkr85.74 x
1993-12-31 Nkr20.13 Nkr85.74 x
1994-12-31 Nkr25.76 Nkr85.74 x
1995-12-31 Nkr29.38 Nkr85.74 x
1996-12-31 Nkr28.74 Nkr85.74 x
1997-12-31 Nkr36.27 Nkr85.74 x
1998-12-31 Nkr38.48 Nkr85.74 x
1999-12-31 Nkr41.07 Nkr85.74 x
2000-12-31 Nkr49.43 Nkr85.74 x
2001-12-31 Nkr52.66 Nkr85.74 x
2002-12-31 Nkr53.36 Nkr85.74 x
2003-12-31 Nkr62.29 Nkr85.74 x
2004-12-31 Nkr67.85 Nkr85.74 x
2005-12-31 Nkr76.02 Nkr85.74 x
2006-12-31 Nkr78.76 Nkr85.74 x
2007-12-31 Nkr44.26 Nkr85.74 x
2008-12-31 Nkr43.67 Nkr85.74 x
2009-12-31 Nkr36.31 Nkr85.74 x
2010-12-31 Nkr39.62 Nkr85.74 x
2011-12-31 Nkr39.79 Nkr85.74 x
2012-12-31 Nkr33.39 Nkr85.74 x
2013-12-31 Nkr34.34 Nkr85.74 x
2014-12-31 Nkr36.30 Nkr85.74 x
2015-12-31 Nkr36.34 Nkr85.74 x
2016-12-31 Nkr40.11 Nkr85.74 x
2017-12-31 Nkr42.60 Nkr85.74 x
2018-12-31 Nkr41.96 Nkr85.74 x
2019-12-31 Nkr39.05 Nkr85.74 x
2020-12-31 Nkr36.26 Nkr85.74 x
2021-12-31 Nkr40.99 Nkr85.74 x
2022-12-31 Nkr49.96 Nkr85.74 x
2023-12-31 Nkr49.57 Nkr85.74 x
2024-12-31 Nkr50.79 Nkr85.74 x
2025-12-31 Nkr50.83 Nkr85.74 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Norsk Hydro 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): 6.73%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.23%
  • • Asset Turnover: 1.00x
  • • Equity Multiplier: 2.09x
  • Recent ROE (6.73%) is below the historical average (9.95%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1985 19.26% 1.65% 1.04x 11.26x Nkr377.44 Million
1986 -24.18% -1.52% 0.89x 17.76x Nkr-1.17 Billion
1987 49.90% 3.36% 0.90x 16.49x Nkr1.46 Billion
1988 20.86% 5.72% 0.81x 4.50x Nkr1.79 Billion
1989 14.59% 4.05% 1.01x 3.55x Nkr851.08 Million
1990 14.09% 4.76% 0.76x 3.89x Nkr838.09 Million
1991 -2.60% -0.81% 0.77x 4.16x Nkr-2.35 Billion
1992 8.74% 3.04% 0.68x 4.25x Nkr-252.81 Million
1993 13.18% 4.81% 0.71x 3.87x Nkr722.92 Million
1994 13.07% 5.65% 0.76x 3.04x Nkr948.29 Million
1995 19.20% 8.95% 0.81x 2.66x Nkr3.41 Billion
1996 17.01% 7.31% 0.89x 2.63x Nkr2.53 Billion
1997 11.39% 5.41% 0.83x 2.52x Nkr634.80 Million
1998 7.77% 3.85% 0.79x 2.57x Nkr-1.08 Billion
1999 5.74% 3.33% 0.58x 2.98x Nkr-2.54 Billion
2000 19.63% 8.91% 0.80x 2.76x Nkr6.85 Billion
2001 10.55% 5.16% 0.77x 2.65x Nkr413.85 Million
2002 11.55% 5.38% 0.79x 2.73x Nkr1.17 Billion
2003 12.45% 6.38% 0.79x 2.48x Nkr2.16 Billion
2004 14.62% 8.08% 0.78x 2.33x Nkr4.00 Billion
2005 16.38% 8.98% 0.77x 2.38x Nkr6.08 Billion
2006 18.03% 8.86% 0.84x 2.42x Nkr7.73 Billion
2007 34.42% 19.73% 1.02x 1.70x Nkr13.20 Billion
2008 -7.43% -4.43% 0.93x 1.80x Nkr-9.21 Billion
2009 0.65% 0.44% 0.87x 1.68x Nkr-4.32 Billion
2010 3.36% 2.49% 0.85x 1.58x Nkr-3.73 Billion
2011 8.58% 7.33% 0.69x 1.70x Nkr-1.11 Billion
2012 -1.81% -1.92% 0.55x 1.71x Nkr-8.03 Billion
2013 -1.31% -1.42% 0.56x 1.65x Nkr-7.92 Billion
2014 1.08% 1.02% 0.62x 1.71x Nkr-6.61 Billion
2015 2.72% 2.30% 0.72x 1.65x Nkr-5.40 Billion
2016 7.80% 7.79% 0.63x 1.60x Nkr-1.80 Billion
2017 10.09% 8.04% 0.67x 1.88x Nkr75.60 Million
2018 4.96% 2.67% 0.98x 1.89x Nkr-4.33 Billion
2019 -2.96% -1.58% 0.91x 2.06x Nkr-10.36 Billion
2020 2.48% 1.34% 0.84x 2.21x Nkr-5.58 Billion
2021 14.47% 8.13% 0.86x 2.08x Nkr3.75 Billion
2022 23.58% 11.62% 1.05x 1.94x Nkr13.91 Billion
2023 3.56% 1.87% 0.93x 2.05x Nkr-6.47 Billion
2024 5.71% 2.84% 0.98x 2.04x Nkr-4.36 Billion
2025 6.73% 3.23% 1.00x 2.09x Nkr-3.27 Billion

Industry Comparison

This section compares Norsk Hydro ASA's net assets metrics with peer companies in the Aluminum industry.

No peer company data available for comparison.

About Norsk Hydro ASA

OL:NHY Norway Aluminum
Market Cap
$17.73 Billion
Nkr168.50 Billion NOK
Market Cap Rank
#1418 Global
#6 in Norway
Share Price
Nkr85.74
Change (1 day)
+2.44%
52-Week Range
Nkr61.56 - Nkr119.45
All Time High
Nkr119.45
Categories
Companies in Norway Aluminum
About

Norsk Hydro ASA engages in power production, bauxite extraction, alumina refining, aluminum smelting, recycling activities, and extruded solutions worldwide. The company operates through Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Metal Markets, Hydro Extrusions, and Hydro Energy segments. The Hydro Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, a… Read more