Petrolia SE

OL:PSE Norway Oil & Gas Equipment & Services
Market Cap
$29.33 Million
Nkr334.13 Million NOK
Market Cap Rank
#31754 Global
#192 in Norway
Share Price
Nkr5.66
Change (1 day)
+1.07%
52-Week Range
Nkr3.40 - Nkr5.66
All Time High
Nkr11.50
Categories
Companies in Norway Oil & Gas Equipment & Services
About

Petrolia SE, together with its subsidiaries, engages in the rental and sale of energy service equipment to energy industry in Norway, rest of Europe, Asia, and Australia. It operates in two segments, Energy and Energy Service. The company rents drilling equipment, such as drill pipes and test tubing. It also provides casing and tubing running, drilling, and make and brake services. In addition, t… Read more

Petrolia SE (PSE) - Net Assets

Latest net assets as of June 2025: Nkr48.21 Million NOK

Based on the latest financial reports, Petrolia SE (PSE) has net assets worth Nkr48.21 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 (Nkr68.90 Million) and total liabilities (Nkr20.68 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 Nkr48.21 Million
% of Total Assets 69.98%
Annual Growth Rate -14.22%
5-Year Change -0.07%
10-Year Change -16.4%
Growth Volatility 58.03

Petrolia SE - Net Assets Trend (2007–2024)

This chart illustrates how Petrolia 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 Petrolia SE (2007–2024)

The table below shows the annual net assets of Petrolia SE from 2007 to 2024.

Year Net Assets Change
2024-12-31 Nkr40.82 Million +6.22%
2023-12-31 Nkr38.43 Million +5.62%
2022-12-31 Nkr36.39 Million -7.39%
2021-12-31 Nkr39.29 Million -3.82%
2020-12-31 Nkr40.85 Million -1.31%
2019-12-31 Nkr41.40 Million +0.19%
2018-12-31 Nkr41.32 Million +18.06%
2017-12-31 Nkr34.99 Million +11.61%
2016-12-31 Nkr31.36 Million -35.79%
2015-12-31 Nkr48.83 Million -51.91%
2014-12-31 Nkr101.54 Million -0.90%
2013-12-31 Nkr102.47 Million +13.13%
2012-12-31 Nkr90.58 Million +7.71%
2011-12-31 Nkr84.10 Million -11.71%
2010-12-31 Nkr95.25 Million -46.80%
2009-12-31 Nkr179.04 Million +205.25%
2008-12-31 Nkr58.65 Million -89.42%
2007-12-31 Nkr554.19 Million --

Equity Component Analysis

This analysis shows how different components contribute to Petrolia 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 1608400000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock Nkr5.91 Million 14.48%
Other Components Nkr34.91 Million 85.52%
Total Equity Nkr40.82 Million 100.00%

Petrolia SE Competitors by Market Cap

The table below lists competitors of Petrolia SE ranked by their market capitalization.

Company Market Cap
ALDUX
PA:ALDUX
 		$4.38 Million
Bong AB (publ)
ST:BONG
 		$4.38 Million
Eifelhöhen-Klinik AG
F:EIF
 		$4.38 Million
Kedawung Setia Industrial Tbk
JK:KDSI
 		$4.38 Million
Meritage Hospitality Group Inc
OTCQX:MHGU
 		$4.38 Million
PT Topindo Solusi Komunika Tbk
JK:TOSK
 		$4.38 Million
BRALIRWA LTD
RSE:BLR
 		$4.38 Million
Protektor S.A.
WAR:PRT
 		$4.38 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Petrolia SE's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 38,434,000 to 40,824,000, a change of 2,390,000 (6.2%).
  • Net income of 3,975,000 contributed positively to equity growth.
  • Other factors decreased equity by 1,585,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Nkr3.98 Million +9.74%
Other Changes Nkr-1.58 Million -3.88%
Total Change Nkr- 6.22%

Book Value vs Market Value Analysis

This analysis compares Petrolia 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: 8.18x
  • 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 increased from 0.18x to 8.18x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 Nkr32.21 Nkr5.66 x
2008-12-31 Nkr1.43 Nkr5.66 x
2009-12-31 Nkr16.15 Nkr5.66 x
2010-12-31 Nkr8.45 Nkr5.66 x
2011-12-31 Nkr7.43 Nkr5.66 x
2012-12-31 Nkr3.60 Nkr5.66 x
2013-12-31 Nkr3.61 Nkr5.66 x
2014-12-31 Nkr3.57 Nkr5.66 x
2015-12-31 Nkr1.74 Nkr5.66 x
2016-12-31 Nkr1.12 Nkr5.66 x
2017-12-31 Nkr0.66 Nkr5.66 x
2018-12-31 Nkr0.71 Nkr5.66 x
2019-12-31 Nkr0.67 Nkr5.66 x
2020-12-31 Nkr0.66 Nkr5.66 x
2021-12-31 Nkr0.47 Nkr5.66 x
2022-12-31 Nkr0.62 Nkr5.66 x
2023-12-31 Nkr0.65 Nkr5.66 x
2024-12-31 Nkr0.69 Nkr5.66 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Petrolia 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): 9.74%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.43%
  • • Asset Turnover: 0.85x
  • • Equity Multiplier: 1.54x
  • Recent ROE (9.74%) is above the historical average (-127.04%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 2.16% 5.77% 0.08x 4.94x Nkr-27.59 Million
2008 -2098.18% -210.34% 0.15x 65.89x Nkr-328.60 Million
2009 84.10% 209.85% 0.19x 2.08x Nkr130.81 Million
2010 -94.82% -115.97% 0.29x 2.83x Nkr-96.84 Million
2011 -21.34% -20.73% 0.42x 2.44x Nkr-25.54 Million
2012 -9.22% -7.84% 0.45x 2.61x Nkr-16.81 Million
2013 9.57% 7.84% 0.62x 1.96x Nkr-425.80K
2014 1.43% 1.26% 0.64x 1.76x Nkr-8.34 Million
2015 -113.23% -90.10% 0.64x 1.96x Nkr-58.25 Million
2016 -39.54% -31.12% 0.56x 2.27x Nkr-15.12 Million
2017 -21.88% -19.01% 0.64x 1.81x Nkr-10.91 Million
2018 7.44% 5.43% 0.88x 1.55x Nkr-1.03 Million
2019 -2.20% -1.31% 0.93x 1.81x Nkr-4.80 Million
2020 1.55% 1.40% 0.61x 1.82x Nkr-3.32 Million
2021 -3.19% -2.34% 0.74x 1.85x Nkr-4.94 Million
2022 -4.31% -2.83% 0.87x 1.75x Nkr-5.21 Million
2023 5.22% 3.70% 0.81x 1.74x Nkr-1.84 Million
2024 9.74% 7.43% 0.85x 1.54x Nkr-107.40K

Industry Comparison

This section compares Petrolia SE's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.

Industry Context

  • Industry: Oil & Gas Equipment & Services
  • Average net assets among peers: $1,004,910,735
  • Average return on equity (ROE) among peers: 146.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Petrolia SE (PSE) Nkr48.21 Million 2.16% 0.43x $4.38 Million
Aker Solutions ASA (AKSO) $5.89 Billion 21.72% 3.65x $1.29 Billion
Aquila Holdings ASA (AQUIL) $47.65 Million 2.93% 0.11x $9.46 Million
Argeo AS (ARGEO) $148.05 Million -12.23% 0.13x $1.05 Million
Eidesvik Offshore ASA (EIOF) $2.13 Billion -8.19% 1.61x $11.08 Million
Electromagnetic Geoservices ASA (EMGS) $3.33 Million -1098.74% 21.46x $937.88K
SED Energy Holdings Plc (ENH) $28.74 Million -44.75% 1.29x $6.98K
Edda Wind ASA (EWIND) $63.18 Million 4.77% 1.40x $57.04 Million
MORELD AS (MORLD) $698.55 Million -101.82% 9.29x $82.08 Million
Prosafe SE (PRS) $36.30 Million 2556.20% 12.58x $53.14 Million