Odfjell SE (ODF) - Net Assets

Latest as of December 2025: Nkr992.70 Million NOK ≈ $104.46 Million USD

Based on the latest financial reports, Odfjell SE (ODF) has net assets worth Nkr992.70 Million NOK (≈ $104.46 Million USD) 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 ≈ $214.22 Million USD) and total liabilities (Nkr1.04 Billion ≈ $109.76 Million 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 how resilient are Odfjell SE's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is Odfjell SE's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Odfjell SE (2000–2025)

The table below shows the annual net assets of Odfjell SE from 2000 to 2025. For live valuation and market cap data, see how much is Odfjell SE worth.

Year	Net Assets	Change
2025-12-31	Nkr992.80 Million ≈ $104.47 Million	+6.78%
2024-12-31	Nkr929.78 Million ≈ $97.84 Million	+16.44%
2023-12-31	Nkr798.51 Million ≈ $84.03 Million	+14.53%
2022-12-31	Nkr697.22 Million ≈ $73.37 Million	+27.09%
2021-12-31	Nkr548.59 Million ≈ $57.73 Million	-4.74%
2020-12-31	Nkr575.90 Million ≈ $60.60 Million	+4.49%
2019-12-31	Nkr551.13 Million ≈ $58.00 Million	-8.23%
2018-12-31	Nkr600.59 Million ≈ $63.20 Million	-26.39%
2017-12-31	Nkr815.93 Million ≈ $85.86 Million	+13.51%
2016-12-31	Nkr718.81 Million ≈ $75.64 Million	+11.38%
2015-12-31	Nkr645.34 Million ≈ $67.91 Million	+1.22%
2014-12-31	Nkr637.59 Million ≈ $67.09 Million	-16.05%
2013-12-31	Nkr759.48 Million ≈ $79.92 Million	-19.88%
2012-12-31	Nkr947.91 Million ≈ $99.75 Million	-5.43%
2011-12-31	Nkr1.00 Billion ≈ $105.47 Million	+29.82%
2010-12-31	Nkr772.06 Million ≈ $81.24 Million	-14.80%
2009-12-31	Nkr906.17 Million ≈ $95.36 Million	+25.71%
2008-12-31	Nkr720.86 Million ≈ $75.86 Million	+7.18%
2007-12-31	Nkr672.56 Million ≈ $70.77 Million	-4.97%
2006-12-31	Nkr707.70 Million ≈ $74.47 Million	+2.23%
2005-12-31	Nkr692.24 Million ≈ $72.84 Million	+19.98%
2004-12-31	Nkr576.95 Million ≈ $60.71 Million	+7.90%
2003-12-31	Nkr534.69 Million ≈ $56.27 Million	-0.81%
2002-12-31	Nkr539.09 Million ≈ $56.73 Million	+1.79%
2001-12-31	Nkr529.60 Million ≈ $55.73 Million	-1.01%
2000-12-31	Nkr535.00 Million ≈ $56.30 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
Hallador Energy Company NASDAQ:HNRG	$734.44 Million
Nexpoint Residential Trust Inc NYSE:NXRT	$734.89 Million
Platzer Fastigheter Holding AB (publ) ST:PLAZ-B	$734.90 Million
MAS Real Estate Inc JSE:MSP	$734.98 Million
Zhejiang Yatai Pharmaceutical Co Ltd SHE:002370	$734.34 Million
Gujarat State Fertilizers & Chemicals Limited NSE:GSFC	$734.28 Million
Southern Cross Electrical Engineering Ltd AU:SXE	$733.95 Million
Stratasys Ltd NASDAQ:SSYS	$733.90 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: 9.21x
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 21.88x to 9.21x 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	Nkr115.60	x
2002-12-31	Nkr5.96	Nkr115.60	x
2003-12-31	Nkr6.07	Nkr115.60	x
2004-12-31	Nkr6.60	Nkr115.60	x
2005-12-31	Nkr7.98	Nkr115.60	x
2006-12-31	Nkr8.27	Nkr115.60	x
2007-12-31	Nkr7.92	Nkr115.60	x
2008-12-31	Nkr8.46	Nkr115.60	x
2009-12-31	Nkr10.58	Nkr115.60	x
2010-12-31	Nkr9.66	Nkr115.60	x
2011-12-31	Nkr12.68	Nkr115.60	x
2012-12-31	Nkr11.68	Nkr115.60	x
2013-12-31	Nkr9.57	Nkr115.60	x
2014-12-31	Nkr8.10	Nkr115.60	x
2015-12-31	Nkr7.44	Nkr115.60	x
2016-12-31	Nkr9.13	Nkr115.60	x
2017-12-31	Nkr10.38	Nkr115.60	x
2018-12-31	Nkr7.63	Nkr115.60	x
2019-12-31	Nkr7.01	Nkr115.60	x
2020-12-31	Nkr7.32	Nkr115.60	x
2021-12-31	Nkr5.10	Nkr115.60	x
2022-12-31	Nkr8.83	Nkr115.60	x
2023-12-31	Nkr10.11	Nkr115.60	x
2024-12-31	Nkr11.76	Nkr115.60	x
2025-12-31	Nkr12.55	Nkr115.60	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: $587,144,022
Average return on equity (ROE) among peers: 9.18%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Odfjell SE (ODF)	Nkr992.70 Million	11.50%	1.05x	$734.39 Million
2020 Bulkers Ltd (2020)	$161.00 Million	15.90%	1.34x	$7.25 Million
ADS Maritime Holding Plc (ADS)	$16.51 Million	28.72%	0.69x	$18.68 Million
American Shipping Company ASA (AMSC)	$224.24 Million	6.56%	3.04x	$7.19K
BW LPG Ltd (BWLPG)	$1.94 Billion	18.29%	0.71x	$2.96 Billion
Golden Energy Offshore Services AS (GEOS)	$269.72 Million	28.02%	0.01x	$58.11 Million
Golden Ocean Group Ltd (GOGL)	$277.69 Million	-19.24%	0.43x	$1.75 Billion
Hafnia Ltd (HAFNI)	$397.82 Million	0.74%	2.07x	$4.30 Billion
Hoegh Autoliners ASA (HAUTO)	$801.24 Million	15.57%	1.06x	$2.66 Billion
Havila Shipping ASA (HAVI)	$1.70 Billion	-0.53%	2.94x	$32.72 Million
Himalaya Shipping Ltd (HSHP)	$90.69 Million	-2.21%	0.97x	$623.43 Million

About Odfjell SE

OL:ODF Norway Marine Shipping

Market Cap

$734.39 Million

Nkr6.98 Billion NOK

Market Cap Rank

#10582 Global

#75 in Norway

Share Price

Nkr115.60

Change (1 day)

+0.52%

52-Week Range

Nkr92.40 - Nkr140.40

All Time High

Nkr179.06