Petrolia SE (PSE) - Net Assets

Latest as of June 2025: Nkr48.21 Million NOK ≈ $5.07 Million USD

Based on the latest financial reports, Petrolia SE (PSE) has net assets worth Nkr48.21 Million NOK (≈ $5.07 Million USD) 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 ≈ $7.25 Million USD) and total liabilities (Nkr20.68 Million ≈ $2.18 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 financial resilience of Petrolia SE to evaluate the company's liquid asset resilience ratio.

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. Also explore Petrolia SE balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Petrolia SE (2007–2024)

The table below shows the annual net assets of Petrolia SE from 2007 to 2024. For live valuation and market cap data, see how much is Petrolia SE worth.

Year Net Assets Change
2024-12-31 Nkr40.82 Million
≈ $4.30 Million
+6.22%
2023-12-31 Nkr38.43 Million
≈ $4.04 Million
+5.62%
2022-12-31 Nkr36.39 Million
≈ $3.83 Million
-7.39%
2021-12-31 Nkr39.29 Million
≈ $4.13 Million
-3.82%
2020-12-31 Nkr40.85 Million
≈ $4.30 Million
-1.31%
2019-12-31 Nkr41.40 Million
≈ $4.36 Million
+0.19%
2018-12-31 Nkr41.32 Million
≈ $4.35 Million
+18.06%
2017-12-31 Nkr34.99 Million
≈ $3.68 Million
+11.61%
2016-12-31 Nkr31.36 Million
≈ $3.30 Million
-35.79%
2015-12-31 Nkr48.83 Million
≈ $5.14 Million
-51.91%
2014-12-31 Nkr101.54 Million
≈ $10.69 Million
-0.90%
2013-12-31 Nkr102.47 Million
≈ $10.78 Million
+13.13%
2012-12-31 Nkr90.58 Million
≈ $9.53 Million
+7.71%
2011-12-31 Nkr84.10 Million
≈ $8.85 Million
-11.71%
2010-12-31 Nkr95.25 Million
≈ $10.02 Million
-46.80%
2009-12-31 Nkr179.04 Million
≈ $18.84 Million
+205.25%
2008-12-31 Nkr58.65 Million
≈ $6.17 Million
-89.42%
2007-12-31 Nkr554.19 Million
≈ $58.32 Million
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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
Gamehaus Holdings Inc. Class A Ordinary Shares
NASDAQ:GMHS
$37.59 Million
Genus Paper & Boards Limited
NSE:GENUSPAPER
$37.60 Million
MicroCloud Hologram Inc.
NASDAQ:HOLO
$37.60 Million
Athanase Innovation AB
ST:ATIN
$37.61 Million
Cellumed Co. Ltd
KQ:049180
$37.57 Million
Eastern Star Real Estate Public Company Limited
BK:ESTAR
$37.57 Million
Panjawattana Plastic Public Company Limited
BK:PJW
$37.55 Million
Tourindo Guide Indonesia Pt
JK:PGJO
$37.54 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: 8.75x
  • 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 0.19x to 8.75x 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 Nkr6.05 x
2008-12-31 Nkr1.43 Nkr6.05 x
2009-12-31 Nkr16.15 Nkr6.05 x
2010-12-31 Nkr8.45 Nkr6.05 x
2011-12-31 Nkr7.43 Nkr6.05 x
2012-12-31 Nkr3.60 Nkr6.05 x
2013-12-31 Nkr3.61 Nkr6.05 x
2014-12-31 Nkr3.57 Nkr6.05 x
2015-12-31 Nkr1.74 Nkr6.05 x
2016-12-31 Nkr1.12 Nkr6.05 x
2017-12-31 Nkr0.66 Nkr6.05 x
2018-12-31 Nkr0.71 Nkr6.05 x
2019-12-31 Nkr0.67 Nkr6.05 x
2020-12-31 Nkr0.66 Nkr6.05 x
2021-12-31 Nkr0.47 Nkr6.05 x
2022-12-31 Nkr0.62 Nkr6.05 x
2023-12-31 Nkr0.65 Nkr6.05 x
2024-12-31 Nkr0.69 Nkr6.05 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: $2,900,797,622
  • Average return on equity (ROE) among peers: 14.47%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Petrolia SE (PSE) Nkr48.21 Million 2.16% 0.43x $37.58 Million
Akastor ASA (AKAST) $5.86 Billion 28.21% 0.14x $447.42 Million
Aker Solutions ASA (AKSO) $18.95 Billion 61.40% 1.18x $2.14 Billion
Argeo AS (ARGEO) $4.20 Million 20.00% 0.36x $2.98 Million
BW Offshore Ltd (BWO) $70.49 Million 0.00% 2.41x $1.00 Billion
Eidesvik Offshore ASA (EIOF) $928.05 Million 37.29% 1.52x $135.17 Million
Electromagnetic Geoservices ASA (EMGS) $77.97 Million -98.39% 1.12x $3.40 Million
Edda Wind ASA (EWIND) $29.65 Million -6.46% 2.07x $308.89 Million
Prosafe SE (PRS) $141.60 Million 100.64% 2.48x $132.99 Million
Reach Subsea (REACH) $44.23 Million -12.43% 0.15x $239.42 Million

About Petrolia SE

OL:PSE Norway Oil & Gas Equipment & Services
Market Cap
$37.58 Million
Nkr357.15 Million NOK
Market Cap Rank
#22912 Global
#211 in Norway
Share Price
Nkr6.05
Change (1 day)
-0.82%
52-Week Range
Nkr3.65 - Nkr6.28
All Time High
Nkr11.50
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