Norske Skog Asa
Norske Skog ASA engages in the production and sale of publication and packaging paper products in Norway, rest of Europe, North America, Asia, and Africa. It operates in Publication Paper Europe and Packaging paper segments. The company offers newsprint paper products comprising standard newsprint and other papers; magazine papers, including super calendared SC and lightweight coated LWC papers; … Read more
Norske Skog Asa (NSKOG) - Net Assets
Latest net assets as of December 2025: Nkr5.82 Billion NOK
Based on the latest financial reports, Norske Skog Asa (NSKOG) has net assets worth Nkr5.82 Billion NOK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr14.71 Billion) and total liabilities (Nkr8.89 Billion). 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 | Nkr5.82 Billion |
| % of Total Assets | 39.57% |
| Annual Growth Rate | -5.53% |
| 5-Year Change | 85.73% |
| 10-Year Change | 3062.5% |
| Growth Volatility | 199.85 |
Norske Skog Asa - Net Assets Trend (2004–2025)
This chart illustrates how Norske Skog 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 Norske Skog Asa (2004–2025)
The table below shows the annual net assets of Norske Skog Asa from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr5.82 Billion | +8.08% |
| 2024-12-31 | Nkr5.38 Billion | -12.61% |
| 2023-12-31 | Nkr6.16 Billion | +4.26% |
| 2022-12-31 | Nkr5.91 Billion | +88.61% |
| 2021-12-31 | Nkr3.13 Billion | -2.64% |
| 2020-12-31 | Nkr3.22 Billion | -41.41% |
| 2019-12-31 | Nkr5.49 Billion | +132.22% |
| 2018-12-31 | Nkr2.37 Billion | +265.85% |
| 2017-12-31 | Nkr-1.43 Billion | -875.00% |
| 2016-12-31 | Nkr184.00 Million | +180.00% |
| 2015-12-31 | Nkr-230.00 Million | -117.90% |
| 2014-12-31 | Nkr1.28 Billion | -40.92% |
| 2013-12-31 | Nkr2.17 Billion | -49.57% |
| 2012-12-31 | Nkr4.31 Billion | -41.97% |
| 2011-12-31 | Nkr7.43 Billion | -27.01% |
| 2010-12-31 | Nkr10.18 Billion | -15.25% |
| 2009-12-31 | Nkr12.02 Billion | -11.86% |
| 2008-12-31 | Nkr13.63 Billion | -14.57% |
| 2007-12-31 | Nkr15.96 Billion | -13.98% |
| 2006-12-31 | Nkr18.55 Billion | -18.21% |
| 2005-12-31 | Nkr22.68 Billion | +18.15% |
| 2004-12-31 | Nkr19.20 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Norske Skog 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 128.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr8.86 Billion | 152.26% |
| Other Components | Nkr1.00 Million | 0.02% |
| Total Equity | Nkr5.82 Billion | 100.00% |
Norske Skog Asa Competitors by Market Cap
The table below lists competitors of Norske Skog Asa ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gospell Digital Technology Co Ltd
SHE:002848
|
$173.59 Million |
|
Gulf Island Fabrication Inc
NASDAQ:GIFI
|
$173.64 Million |
|
Gus Technology Co. Ltd.
TWO:6940
|
$173.68 Million |
|
ELIXIRR INTL LS -00005
F:54K
|
$173.72 Million |
|
REDCENTRIC PLCLS-001
F:6YD
|
$173.52 Million |
|
Kumho Industrial Co Ltd
KO:002995
|
$173.39 Million |
|
ROX Resources Ltd
AU:RXL
|
$173.38 Million |
|
Zhejiang Tailin Bioengineering Co Ltd
SHE:300813
|
$173.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Norske Skog Asa's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,384,000,000 to 5,819,000,000, a change of 435,000,000 (8.1%).
- Net income of 405,000,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr405.00 Million | +6.96% |
| Other Changes | Nkr30.00 Million | +0.52% |
| Total Change | Nkr- | 8.08% |
Book Value vs Market Value Analysis
This analysis compares Norske Skog 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: 0.48x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.23x to 0.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | Nkr143.54 | Nkr32.95 | x |
| 2005-12-31 | Nkr153.74 | Nkr32.95 | x |
| 2006-12-31 | Nkr95.64 | Nkr32.95 | x |
| 2007-12-31 | Nkr82.32 | Nkr32.95 | x |
| 2008-12-31 | Nkr69.10 | Nkr32.95 | x |
| 2009-12-31 | Nkr63.20 | Nkr32.95 | x |
| 2010-12-31 | Nkr53.64 | Nkr32.95 | x |
| 2011-12-31 | Nkr39.07 | Nkr32.95 | x |
| 2012-12-31 | Nkr22.67 | Nkr32.95 | x |
| 2013-12-31 | Nkr11.46 | Nkr32.95 | x |
| 2014-12-31 | Nkr6.77 | Nkr32.95 | x |
| 2015-12-31 | Nkr-0.91 | Nkr32.95 | x |
| 2016-12-31 | Nkr0.73 | Nkr32.95 | x |
| 2017-12-31 | Nkr-5.11 | Nkr32.95 | x |
| 2018-12-31 | Nkr28.67 | Nkr32.95 | x |
| 2019-12-31 | Nkr66.57 | Nkr32.95 | x |
| 2020-12-31 | Nkr39.01 | Nkr32.95 | x |
| 2021-12-31 | Nkr33.65 | Nkr32.95 | x |
| 2022-12-31 | Nkr62.66 | Nkr32.95 | x |
| 2023-12-31 | Nkr67.48 | Nkr32.95 | x |
| 2024-12-31 | Nkr63.49 | Nkr32.95 | x |
| 2025-12-31 | Nkr68.59 | Nkr32.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Norske Skog 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): 6.96%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.29%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 2.53x
- Recent ROE (6.96%) is above the historical average (-6.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 3.27% | 2.45% | 0.57x | 2.33x | Nkr-1.28 Billion |
| 2005 | -3.89% | -3.32% | 0.49x | 2.37x | Nkr-3.05 Billion |
| 2006 | -15.52% | -9.75% | 0.64x | 2.50x | Nkr-4.62 Billion |
| 2007 | -3.96% | -2.28% | 0.63x | 2.77x | Nkr-2.18 Billion |
| 2008 | -21.12% | -10.45% | 0.59x | 3.45x | Nkr-4.07 Billion |
| 2009 | -11.68% | -6.88% | 0.61x | 2.77x | Nkr-2.60 Billion |
| 2010 | -24.30% | -13.00% | 0.65x | 2.88x | Nkr-3.49 Billion |
| 2011 | -34.30% | -13.46% | 0.86x | 2.96x | Nkr-3.29 Billion |
| 2012 | -64.54% | -16.74% | 1.03x | 3.73x | Nkr-3.21 Billion |
| 2013 | -84.78% | -13.82% | 0.91x | 6.72x | Nkr-2.06 Billion |
| 2014 | -117.04% | -12.38% | 0.87x | 10.88x | Nkr-1.63 Billion |
| 2015 | 0.00% | -13.23% | 0.91x | 0.00x | Nkr-1.50 Billion |
| 2016 | 160.33% | 2.49% | 1.16x | 55.67x | Nkr276.60 Million |
| 2017 | 0.00% | -30.81% | 1.42x | 0.00x | Nkr-3.41 Billion |
| 2018 | 64.48% | 12.06% | 1.48x | 3.62x | Nkr1.29 Billion |
| 2019 | 37.22% | 16.75% | 1.19x | 1.86x | Nkr1.49 Billion |
| 2020 | -58.55% | -20.54% | 1.18x | 2.42x | Nkr-2.21 Billion |
| 2021 | -11.59% | -3.69% | 1.08x | 2.91x | Nkr-676.30 Million |
| 2022 | 43.53% | 17.69% | 1.07x | 2.30x | Nkr1.98 Billion |
| 2023 | 7.81% | 4.08% | 0.80x | 2.39x | Nkr-135.10 Million |
| 2024 | -18.24% | -10.64% | 0.64x | 2.69x | Nkr-1.52 Billion |
| 2025 | 6.96% | 4.29% | 0.64x | 2.53x | Nkr-176.90 Million |
Industry Comparison
This section compares Norske Skog Asa's net assets metrics with peer companies in the Paper & Paper Products industry.
No peer company data available for comparison.