Ocean GeoLoop A/S
Ocean GeoLoop AS, a green tech company, develops point source carbon capture in Norway. It offers GeoLoop CC technology, which captures point source CO2 emissions using natural and harmless processes. The company was founded in 2006 and is based in Verdal, Norway.
Ocean GeoLoop A/S (OCEAN) - Net Assets
Latest net assets as of June 2025: Nkr154.73 Million NOK
Based on the latest financial reports, Ocean GeoLoop A/S (OCEAN) has net assets worth Nkr154.73 Million NOK as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr215.39 Million) and total liabilities (Nkr60.66 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 | Nkr154.73 Million |
| % of Total Assets | 71.84% |
| Annual Growth Rate | N/A |
| 5-Year Change | 106.72% |
| 10-Year Change | N/A |
| Growth Volatility | 49.28 |
Ocean GeoLoop A/S - Net Assets Trend (2019–2024)
This chart illustrates how Ocean GeoLoop A/S's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ocean GeoLoop A/S (2019–2024)
The table below shows the annual net assets of Ocean GeoLoop A/S from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr189.60 Million | -19.58% |
| 2023-12-31 | Nkr235.77 Million | -15.60% |
| 2022-12-31 | Nkr279.35 Million | +97.85% |
| 2021-12-31 | Nkr141.19 Million | +53.94% |
| 2020-12-31 | Nkr91.72 Million | -- |
| 2019-12-31 | Nkr0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ocean GeoLoop A/S'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Nkr166.59 Million | 100.00% |
| Total Equity | Nkr166.59 Million | 100.00% |
Ocean GeoLoop A/S Competitors by Market Cap
The table below lists competitors of Ocean GeoLoop A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MURPHY USA
BE:1MU
|
$3.27 Million |
|
A Rank Bhd
KLSE:7214
|
$3.27 Million |
|
Aeris Environmental Ltd
AU:AEI
|
$3.27 Million |
|
SSH Group Ltd
AU:SSH
|
$3.27 Million |
|
IQ-AI Limited
PINK:IQAIF
|
$3.27 Million |
|
Beston Global Food Company Ltd
AU:BFC
|
$3.27 Million |
|
Ind-Swift Limited
NSE:INDSWFTLTD
|
$3.27 Million |
|
SPDR Gold Shares
BE:GQ9
|
$3.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ocean GeoLoop A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 208,025,000 to 166,587,000, a change of -41,438,000 (-19.9%).
- Net loss of 40,160,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-40.16 Million | -24.11% |
| Other Changes | Nkr-1.28 Million | -0.77% |
| Total Change | Nkr- | -19.92% |
Book Value vs Market Value Analysis
This analysis compares Ocean GeoLoop A/S'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: 0.73x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Nkr0.00 | Nkr2.30 | x |
| 2020-12-31 | Nkr1.84 | Nkr2.30 | x |
| 2021-12-31 | Nkr2.83 | Nkr2.30 | x |
| 2022-12-31 | Nkr5.16 | Nkr2.30 | x |
| 2023-12-31 | Nkr3.95 | Nkr2.30 | x |
| 2024-12-31 | Nkr3.16 | Nkr2.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ocean GeoLoop A/S 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): -24.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.31%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.83x
- Recent ROE (-24.11%) is below the historical average (-22.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -10.56% | 0.00% | 0.00x | 1.05x | Nkr-18.86 Million |
| 2021 | -36.69% | -17267.32% | 0.00x | 1.08x | Nkr-65.92 Million |
| 2022 | -17.68% | -37.55% | 0.35x | 1.33x | Nkr-75.34 Million |
| 2023 | -21.06% | -25.79% | 0.55x | 1.48x | Nkr-64.61 Million |
| 2024 | -24.11% | -17.31% | 0.76x | 1.83x | Nkr-56.82 Million |
Industry Comparison
This section compares Ocean GeoLoop A/S's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $90,280,371
- Average return on equity (ROE) among peers: -97.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ocean GeoLoop A/S (OCEAN) | Nkr154.73 Million | -10.56% | 0.39x | $3.27 Million |
| Cambi ASA (CAMBI) | $442.00 Million | 3.94% | 0.18x | $87.11 Million |
| Co2 Capsol AS (CAPSL) | $7.49 Million | -21.91% | 0.02x | $3.56K |
| Horisont Energi AS (HRGI) | $-214.03K | 0.00% | 0.00x | $591.13K |
| M Vest Water A/S (MVW) | $170.18K | -378.31% | 19.30x | $5.45 Million |
| Pyrum Innovations AG (PYRUM) | $1.96 Million | -91.24% | 2.75x | $64.13 Million |