Ocean Sun As
Ocean Sun AS develops floating power system with solar panels. Its system consists of one or multiple floaters anchored side-by-side to build larger power plants. The company was incorporated in 2016 and is headquartered in Lysaker, Norway.
Ocean Sun As (OSUN) - Net Assets
Latest net assets as of December 2025: Nkr17.08 Million NOK
Based on the latest financial reports, Ocean Sun As (OSUN) has net assets worth Nkr17.08 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 (Nkr24.73 Million) and total liabilities (Nkr7.65 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 | Nkr17.08 Million |
| % of Total Assets | 69.06% |
| Annual Growth Rate | 15.09% |
| 5-Year Change | -78.97% |
| 10-Year Change | N/A |
| Growth Volatility | 222.25 |
Ocean Sun As - Net Assets Trend (2017–2025)
This chart illustrates how Ocean Sun As'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 Sun As (2017–2025)
The table below shows the annual net assets of Ocean Sun As from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr17.08 Million | -39.65% |
| 2024-12-31 | Nkr28.30 Million | -37.34% |
| 2023-12-31 | Nkr45.17 Million | -28.46% |
| 2022-12-31 | Nkr63.14 Million | -22.26% |
| 2021-12-31 | Nkr81.22 Million | -18.92% |
| 2020-12-31 | Nkr100.17 Million | +567.86% |
| 2019-12-31 | Nkr15.00 Million | -42.39% |
| 2018-12-31 | Nkr26.03 Million | +369.05% |
| 2017-12-31 | Nkr5.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ocean Sun As'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 185056000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Nkr17.08 Million | 100.00% |
| Total Equity | Nkr17.08 Million | 100.00% |
Ocean Sun As Competitors by Market Cap
The table below lists competitors of Ocean Sun As ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ken Holdings Bhd
KLSE:7323
|
$1.30 Million |
|
ELIA SYSTEM OP.
MU:E4S
|
$1.30 Million |
|
QDM International Inc
OTCQB:QDMI
|
$1.30 Million |
|
SANMINA
BE:SAYN
|
$1.30 Million |
|
Grand Foundry Limited
NSE:GFSTEELS
|
$1.30 Million |
|
SPROUT AI INC.
F:5AU
|
$1.29 Million |
|
ICP LTD -LOCAL-
F:GD1M
|
$1.29 Million |
|
Edison Cobalt Corp
PINK:EDDYF
|
$1.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ocean Sun As's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 28,305,000 to 17,081,000, a change of -11,224,000 (-39.7%).
- Net loss of 20,669,000 reduced equity.
- New share issuances of 9,897,000 increased equity.
- Other factors decreased equity by 452,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-20.67 Million | -121.01% |
| Share Issuances | Nkr9.90 Million | +57.94% |
| Other Changes | Nkr-452.00K | -2.65% |
| Total Change | Nkr- | -39.65% |
Book Value vs Market Value Analysis
This analysis compares Ocean Sun As'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: 4.18x
- 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 11.59x to 4.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | Nkr0.12 | Nkr1.43 | x |
| 2018-12-31 | Nkr0.58 | Nkr1.43 | x |
| 2019-12-31 | Nkr0.33 | Nkr1.43 | x |
| 2020-12-31 | Nkr2.23 | Nkr1.43 | x |
| 2021-12-31 | Nkr1.81 | Nkr1.43 | x |
| 2022-12-31 | Nkr1.40 | Nkr1.43 | x |
| 2023-12-31 | Nkr1.00 | Nkr1.43 | x |
| 2024-12-31 | Nkr0.63 | Nkr1.43 | x |
| 2025-12-31 | Nkr0.34 | Nkr1.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ocean Sun As 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): -121.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -943.36%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.45x
- Recent ROE (-121.01%) is below the historical average (-45.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -32.46% | -240.23% | 0.12x | 1.17x | Nkr-2.36 Million |
| 2018 | -18.82% | -653.20% | 0.03x | 1.11x | Nkr-7.50 Million |
| 2019 | -73.57% | -575.68% | 0.10x | 1.29x | Nkr-12.53 Million |
| 2020 | -10.51% | -918.00% | 0.01x | 1.02x | Nkr-20.54 Million |
| 2021 | -23.10% | -7871.22% | 0.00x | 1.08x | Nkr-26.89 Million |
| 2022 | -28.75% | -481.90% | 0.05x | 1.13x | Nkr-24.47 Million |
| 2023 | -41.32% | -591.98% | 0.06x | 1.17x | Nkr-23.18 Million |
| 2024 | -59.94% | -235.23% | 0.19x | 1.31x | Nkr-19.80 Million |
| 2025 | -121.01% | -943.36% | 0.09x | 1.45x | Nkr-22.38 Million |
Industry Comparison
This section compares Ocean Sun As's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $2,383,708,623
- Average return on equity (ROE) among peers: -9.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ocean Sun As (OSUN) | Nkr17.08 Million | -32.46% | 0.45x | $1.30 Million |
| Aega ASA (AEGA) | $8.66 Million | -22.80% | 1.80x | $402.90K |
| Cloudberry Clean Energy As (CLOUD) | $5.43 Billion | 1.12% | 0.74x | $221.08 Million |
| EAM Solar ASA (EAM) | $9.67 Million | -1.79% | 0.73x | $2.52 Million |
| Eqva ASA (EQVA) | $-114.66 Million | 0.00% | 0.00x | $8.18 Million |
| Magnora ASA (MGN) | $5.87 Billion | -14.16% | 1.32x | $81.76 Million |
| MPC Energy Solutions NV (MPCES) | $75.18 Million | -7.47% | 0.72x | $25.09 Million |
| Nordic Financials ASA (NOFIN) | $99.67 Million | -22.80% | 1.80x | $1.70K |
| Norsk Solar AS (NSOL) | $160.38 Million | -21.63% | 0.34x | $384.61K |
| Scatec Solar OL (SCATC) | $9.92 Billion | 3.91% | 2.33x | $1.59 Billion |