Odfjell SE Net Assets
Odfjell SE net assets. Based on the latest financial reports, Odfjell SE (ODF) has net assets worth Nkr1.03 Billion NOK (≈ $108.40 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr2.23 Billion ≈ $234.94 Million USD) and total liabilities (Nkr1.20 Billion ≈ $126.55 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. Also explore net asset growth rate of Odfjell SE to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr1.03 Billion |
| % of Total Assets | 46.14% |
| Annual Growth Rate | 2.5% |
| 5-Year Change | 80.97% |
| 10-Year Change | 38.12% |
| Growth Volatility | 14.25 |
Net Assets of Odfjell SE (2000–2025)
Net assets of Odfjell SE from 2000 to 2025. This chart illustrates how Odfjell SE's net assets have evolved over time, based on quarterly financial data. See Odfjell SE balance sheet quality to measure how much of total assets are equity-financed.
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 market cap and overall valuation, see ODF market cap.
| 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.
Odfjell SE Net Assets Breakdown (December 2025)
Odfjell SE net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr784.00 Million | 78.97% |
| Common Stock | Nkr27.76 Million | 2.80% |
| Other Components | Nkr181.04 Million | 18.23% |
| 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 |
|---|---|
|
Paisalo Digital Limited
NSE:PAISALO
|
$773.42 Million |
|
Safe Bulkers Inc
NYSE:SB
|
$773.93 Million |
|
Bloomin Brands Inc
NASDAQ:BLMN
|
$774.01 Million |
|
Shantou Dongfeng Printing Co Ltd
SHG:601515
|
$774.43 Million |
|
Mid Penn Bancorp
NASDAQ:MPB
|
$773.16 Million |
|
Canadian General Investments Ltd
TO:CGI
|
$772.64 Million |
|
Guangzhou Hengyun Enterprises Holding Ltd
SHE:000531
|
$772.62 Million |
|
Tejas Networks Limited
NSE:TEJASNET
|
$772.40 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 155,324,000 contributed positively to equity growth.
- Dividend payments of 99,678,000 reduced retained earnings.
- Share repurchases of 588,000 reduced equity.
- New share issuances of 600,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr155.32 Million | +15.65% |
| Dividends Paid | Nkr99.68 Million | -10.04% |
| Share Repurchases | Nkr588.00K | -0.06% |
| Share Issuances | Nkr600.00K | +0.06% |
| Other Changes | Nkr7.36 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: 9.69x
- 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 23.01x to 9.69x 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 | Nkr121.60 | x |
| 2002-12-31 | Nkr5.96 | Nkr121.60 | x |
| 2003-12-31 | Nkr6.07 | Nkr121.60 | x |
| 2004-12-31 | Nkr6.60 | Nkr121.60 | x |
| 2005-12-31 | Nkr7.98 | Nkr121.60 | x |
| 2006-12-31 | Nkr8.27 | Nkr121.60 | x |
| 2007-12-31 | Nkr7.92 | Nkr121.60 | x |
| 2008-12-31 | Nkr8.46 | Nkr121.60 | x |
| 2009-12-31 | Nkr10.58 | Nkr121.60 | x |
| 2010-12-31 | Nkr9.66 | Nkr121.60 | x |
| 2011-12-31 | Nkr12.68 | Nkr121.60 | x |
| 2012-12-31 | Nkr11.68 | Nkr121.60 | x |
| 2013-12-31 | Nkr9.57 | Nkr121.60 | x |
| 2014-12-31 | Nkr8.10 | Nkr121.60 | x |
| 2015-12-31 | Nkr7.44 | Nkr121.60 | x |
| 2016-12-31 | Nkr9.13 | Nkr121.60 | x |
| 2017-12-31 | Nkr10.38 | Nkr121.60 | x |
| 2018-12-31 | Nkr7.63 | Nkr121.60 | x |
| 2019-12-31 | Nkr7.01 | Nkr121.60 | x |
| 2020-12-31 | Nkr7.32 | Nkr121.60 | x |
| 2021-12-31 | Nkr5.10 | Nkr121.60 | x |
| 2022-12-31 | Nkr8.83 | Nkr121.60 | x |
| 2023-12-31 | Nkr10.11 | Nkr121.60 | x |
| 2024-12-31 | Nkr11.76 | Nkr121.60 | x |
| 2025-12-31 | Nkr12.55 | Nkr121.60 | 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 | Nkr56.04 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: $500,093,288
- Average return on equity (ROE) among peers: 6.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Odfjell SE (ODF) | Nkr1.03 Billion | 11.50% | 1.17x | $773.18 Million |
| 2020 Bulkers Ltd (2020) | $155.90 Million | 20.46% | 1.44x | $21.18 Million |
| ADS Maritime Holding Plc (ADS) | $4.63 Million | -4.21% | 0.02x | $18.68 Million |
| American Shipping Company ASA (AMSC) | $161.28 Million | 11.27% | 3.49x | $7.19K |
| Golden Energy Offshore Services AS (GEOS) | $108.01 Million | -53.59% | 4.23x | $46.05 Million |
| Golden Ocean Group Ltd (GOGL) | $215.53 Million | 22.02% | 0.62x | $1.75 Billion |
| Hafnia Ltd (HAFNI) | $397.82 Million | 0.74% | 2.07x | $5.27 Billion |
| Hoegh Autoliners ASA (HAUTO) | $1.17 Billion | 49.82% | 0.79x | $3.60 Billion |
| Havila Shipping ASA (HAVI) | $2.02 Billion | 0.18% | 3.14x | $23.57 Million |
| Himalaya Shipping Ltd (HSHP) | $91.78 Million | -1.06% | 0.04x | $741.25 Million |
| Jinhui Shipping and Transportation Limited (JIN) | $669.48 Million | 22.98% | 0.84x | $77.72 Million |
About Odfjell SE
Odfjell SE engages in the provision of services for the transportation and storage of bulk liquid chemicals, acids, edible oils, and other specialty products in Norway. It operates through Chemical Tankers and Tank Terminals segments. The company owns and operates chemical tankers that offer global and regional transportation; and tank terminals, which provide storage of various chemicals and pet… Read more