Petrolia SE (PSE) - Net Assets
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
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