Odfjell SE
Odfjell SE provides services for the transportation and storage of bulk liquid chemicals, acids, edible oils, and other specialty products in North America, South America, Norway, the Netherlands, rest of Europe, the Middle East, Asia, Africa, and Australasia. It operates through Chemical Tankers and Tank Terminals segments. The company owns and operates chemical tankers that offer global and reg… Read more
Odfjell SE (ODF) - Net Assets
Latest net assets as of December 2025: Nkr992.70 Million NOK
Based on the latest financial reports, Odfjell SE (ODF) has net assets worth Nkr992.70 Million NOK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr2.04 Billion) and total liabilities (Nkr1.04 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 | Nkr992.70 Million |
| % of Total Assets | 48.76% |
| Annual Growth Rate | 2.5% |
| 5-Year Change | 80.97% |
| 10-Year Change | 38.12% |
| Growth Volatility | 14.25 |
Odfjell SE - Net Assets Trend (2000–2025)
This chart illustrates how Odfjell SE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Odfjell SE (2000–2025)
The table below shows the annual net assets of Odfjell SE from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr992.80 Million | +6.78% |
| 2024-12-31 | Nkr929.78 Million | +16.44% |
| 2023-12-31 | Nkr798.51 Million | +14.53% |
| 2022-12-31 | Nkr697.22 Million | +27.09% |
| 2021-12-31 | Nkr548.59 Million | -4.74% |
| 2020-12-31 | Nkr575.90 Million | +4.49% |
| 2019-12-31 | Nkr551.13 Million | -8.23% |
| 2018-12-31 | Nkr600.59 Million | -26.39% |
| 2017-12-31 | Nkr815.93 Million | +13.51% |
| 2016-12-31 | Nkr718.81 Million | +11.38% |
| 2015-12-31 | Nkr645.34 Million | +1.22% |
| 2014-12-31 | Nkr637.59 Million | -16.05% |
| 2013-12-31 | Nkr759.48 Million | -19.88% |
| 2012-12-31 | Nkr947.91 Million | -5.43% |
| 2011-12-31 | Nkr1.00 Billion | +29.82% |
| 2010-12-31 | Nkr772.06 Million | -14.80% |
| 2009-12-31 | Nkr906.17 Million | +25.71% |
| 2008-12-31 | Nkr720.86 Million | +7.18% |
| 2007-12-31 | Nkr672.56 Million | -4.97% |
| 2006-12-31 | Nkr707.70 Million | +2.23% |
| 2005-12-31 | Nkr692.24 Million | +19.98% |
| 2004-12-31 | Nkr576.95 Million | +7.90% |
| 2003-12-31 | Nkr534.69 Million | -0.81% |
| 2002-12-31 | Nkr539.09 Million | +1.79% |
| 2001-12-31 | Nkr529.60 Million | -1.01% |
| 2000-12-31 | Nkr535.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Odfjell SE'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 103.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr784.00 Million | 78.97% |
| Other Components | Nkr208.80 Million | 21.03% |
| Total Equity | Nkr992.80 Million | 100.00% |
Odfjell SE Competitors by Market Cap
The table below lists competitors of Odfjell SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Weihong Electronic Technology Co Ltd
SHE:300508
|
$237.20 Million |
|
Skyworth Group Limited
PINK:SWDHF
|
$237.22 Million |
|
Comp SA
WAR:CMP
|
$237.24 Million |
|
Komipharm International Co. Ltd
KQ:041960
|
$237.27 Million |
|
XinJiang GuoTong Pipeline Co Ltd
SHE:002205
|
$237.09 Million |
|
Avia Avian PT Tbk
JK:AVIA
|
$237.02 Million |
|
Microbio Co Ltd
TWO:4128
|
$236.99 Million |
|
Senvest Capital Inc
PINK:SVCTF
|
$236.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Odfjell SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 929,781,000 to 992,800,000, a change of 63,019,000 (6.8%).
- Net income of 155,400,000 contributed positively to equity growth.
- Dividend payments of 99,700,000 reduced retained earnings.
- Share repurchases of 600,000 reduced equity.
- New share issuances of 600,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr155.40 Million | +15.65% |
| Dividends Paid | Nkr99.70 Million | -10.04% |
| Share Repurchases | Nkr600.00K | -0.06% |
| Share Issuances | Nkr600.00K | +0.06% |
| Other Changes | Nkr7.32 Million | +0.74% |
| Total Change | Nkr- | 6.78% |
Book Value vs Market Value Analysis
This analysis compares Odfjell SE'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: 9.50x
- 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 22.56x to 9.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | Nkr5.28 | Nkr119.20 | x |
| 2002-12-31 | Nkr5.96 | Nkr119.20 | x |
| 2003-12-31 | Nkr6.07 | Nkr119.20 | x |
| 2004-12-31 | Nkr6.60 | Nkr119.20 | x |
| 2005-12-31 | Nkr7.98 | Nkr119.20 | x |
| 2006-12-31 | Nkr8.27 | Nkr119.20 | x |
| 2007-12-31 | Nkr7.92 | Nkr119.20 | x |
| 2008-12-31 | Nkr8.46 | Nkr119.20 | x |
| 2009-12-31 | Nkr10.58 | Nkr119.20 | x |
| 2010-12-31 | Nkr9.66 | Nkr119.20 | x |
| 2011-12-31 | Nkr12.68 | Nkr119.20 | x |
| 2012-12-31 | Nkr11.68 | Nkr119.20 | x |
| 2013-12-31 | Nkr9.57 | Nkr119.20 | x |
| 2014-12-31 | Nkr8.10 | Nkr119.20 | x |
| 2015-12-31 | Nkr7.44 | Nkr119.20 | x |
| 2016-12-31 | Nkr9.13 | Nkr119.20 | x |
| 2017-12-31 | Nkr10.38 | Nkr119.20 | x |
| 2018-12-31 | Nkr7.63 | Nkr119.20 | x |
| 2019-12-31 | Nkr7.01 | Nkr119.20 | x |
| 2020-12-31 | Nkr7.32 | Nkr119.20 | x |
| 2021-12-31 | Nkr5.10 | Nkr119.20 | x |
| 2022-12-31 | Nkr8.83 | Nkr119.20 | x |
| 2023-12-31 | Nkr10.11 | Nkr119.20 | x |
| 2024-12-31 | Nkr11.76 | Nkr119.20 | x |
| 2025-12-31 | Nkr12.55 | Nkr119.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Odfjell SE 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): 15.65%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.93%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 2.05x
- Recent ROE (15.65%) is above the historical average (6.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 11.50% | 7.04% | 0.53x | 3.07x | Nkr7.82 Million |
| 2002 | 8.49% | 5.34% | 0.52x | 3.05x | Nkr-8.06 Million |
| 2003 | 4.19% | 2.43% | 0.54x | 3.18x | Nkr-30.61 Million |
| 2004 | 14.93% | 8.54% | 0.55x | 3.19x | Nkr28.23 Million |
| 2005 | 18.53% | 12.28% | 0.53x | 2.83x | Nkr59.04 Million |
| 2006 | 16.64% | 10.65% | 0.50x | 3.14x | Nkr46.27 Million |
| 2007 | -1.53% | -0.82% | 0.52x | 3.60x | Nkr-76.12 Million |
| 2008 | 22.94% | 11.02% | 0.57x | 3.64x | Nkr91.75 Million |
| 2009 | 13.43% | 9.58% | 0.47x | 2.99x | Nkr30.94 Million |
| 2010 | -10.28% | -6.36% | 0.48x | 3.37x | Nkr-155.38 Million |
| 2011 | 27.00% | 23.30% | 0.46x | 2.54x | Nkr169.29 Million |
| 2012 | -11.79% | -9.16% | 0.47x | 2.73x | Nkr-205.10 Million |
| 2013 | -14.16% | -9.23% | 0.49x | 3.11x | Nkr-183.47 Million |
| 2014 | -11.79% | -7.14% | 0.52x | 3.19x | Nkr-138.90 Million |
| 2015 | -5.52% | -3.84% | 0.48x | 3.01x | Nkr-100.17 Million |
| 2016 | 13.91% | 12.12% | 0.44x | 2.62x | Nkr28.13 Million |
| 2017 | 11.10% | 10.75% | 0.42x | 2.45x | Nkr9.01 Million |
| 2018 | -35.10% | -24.78% | 0.46x | 3.07x | Nkr-270.89 Million |
| 2019 | -6.65% | -4.20% | 0.43x | 3.66x | Nkr-91.76 Million |
| 2020 | 4.83% | 2.96% | 0.42x | 3.86x | Nkr-29.76 Million |
| 2021 | -6.05% | -3.20% | 0.50x | 3.78x | Nkr-88.06 Million |
| 2022 | 20.31% | 10.81% | 0.65x | 2.88x | Nkr71.89 Million |
| 2023 | 25.46% | 17.03% | 0.60x | 2.50x | Nkr123.45 Million |
| 2024 | 29.88% | 22.25% | 0.58x | 2.33x | Nkr184.83 Million |
| 2025 | 15.65% | 13.93% | 0.55x | 2.05x | Nkr56.12 Million |
Industry Comparison
This section compares Odfjell SE's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $582,497,772
- Average return on equity (ROE) among peers: 13.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Odfjell SE (ODF) | Nkr992.70 Million | 11.50% | 1.05x | $237.10 Million |
| ADS Maritime Holding Plc (ADS) | $4.63 Million | -4.21% | 0.02x | $1.46 Million |
| Belships (BELCO) | $261.85 Million | 22.21% | 2.15x | $399.83 Million |
| Bruton Limited (BRUT) | $30.78 Million | -0.48% | 0.01x | $43.50K |
| Hafnia Ltd (HAFNI) | $2.01 Billion | 37.41% | 0.95x | $52.04 Million |
| Havila Shipping ASA (HAVI) | $-712.54 Million | 0.00% | 0.00x | $8.40 Million |
| Klaveness Combination Carriers ASA (KCC) | $359.87 Million | 22.62% | 0.70x | $168.30 Million |
| Odfjell B (ODFB) | $992.80 Million | 15.65% | 1.05x | $227.05 Million |
| Solstad Offsho (SOFF) | $2.23 Billion | 5.03% | 1.42x | $156.45 Million |
| Stainless Tankers ASA (STST) | $66.92 Million | 21.87% | 1.18x | $31.91K |