Saga Pure ASA
Saga Pure ASA, an investment company, engages in the investment and management related to industry, energy, and real estate. Its business activities also include investment, management, operation, consultancy, ownership, and other services in other businesses. The company was formerly known as Saga Tankers ASA and changed its name to Saga Pure ASA in November 2020. Saga Pure ASA was incorporated … Read more
Saga Pure ASA (SAGA) - Net Assets
Latest net assets as of June 2025: Nkr842.37 Million NOK
Based on the latest financial reports, Saga Pure ASA (SAGA) has net assets worth Nkr842.37 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 (Nkr846.59 Million) and total liabilities (Nkr4.22 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 | Nkr842.37 Million |
| % of Total Assets | 99.5% |
| Annual Growth Rate | -0.49% |
| 5-Year Change | 12.47% |
| 10-Year Change | -9.6% |
| Growth Volatility | 59.1 |
Saga Pure ASA - Net Assets Trend (2010–2024)
This chart illustrates how Saga Pure ASA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Saga Pure ASA (2010–2024)
The table below shows the annual net assets of Saga Pure ASA from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr868.68 Million | +0.34% |
| 2023-12-31 | Nkr865.71 Million | -13.12% |
| 2022-12-31 | Nkr996.46 Million | -10.06% |
| 2021-12-31 | Nkr1.11 Billion | +43.45% |
| 2020-12-31 | Nkr772.36 Million | +108.17% |
| 2019-12-31 | Nkr371.03 Million | +15.12% |
| 2018-12-31 | Nkr322.29 Million | -26.26% |
| 2017-12-31 | Nkr437.07 Million | -45.89% |
| 2016-12-31 | Nkr807.77 Million | -15.94% |
| 2015-12-31 | Nkr960.91 Million | +148.68% |
| 2014-12-31 | Nkr386.40 Million | +77.91% |
| 2013-12-31 | Nkr217.19 Million | +23.21% |
| 2012-12-31 | Nkr176.27 Million | +7.92% |
| 2011-12-31 | Nkr163.33 Million | -82.46% |
| 2010-12-31 | Nkr930.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Saga Pure ASA'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 decreased by 18589379350.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr4.85 Million | 0.56% |
| Other Components | Nkr1.08 Billion | 124.28% |
| Total Equity | Nkr868.68 Million | 100.00% |
Saga Pure ASA Competitors by Market Cap
The table below lists competitors of Saga Pure ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Voyageur Pharmaceuticals Ltd
PINK:VYYRF
|
$12.98 Million |
|
LMS Co. Ltd
KQ:073110
|
$12.98 Million |
|
AdVini S.A.
PA:ALAVI
|
$12.98 Million |
|
Lian Hong Art. Co., Ltd.
TWO:6755
|
$12.99 Million |
|
Dish TV India Limited
PINK:DTTVY
|
$12.97 Million |
|
Health & Life Co., Ltd.
TWO:1781
|
$12.97 Million |
|
Delta Resources Ltd
PINK:DTARF
|
$12.97 Million |
|
BeLive Holdings Ordinary Share
NASDAQ:BLIV
|
$12.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Saga Pure ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 865,706,000 to 868,677,000, a change of 2,971,000 (0.3%).
- Net income of 2,971,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr2.97 Million | +0.34% |
| Total Change | Nkr- | 0.34% |
Book Value vs Market Value Analysis
This analysis compares Saga Pure ASA'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: 0.84x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.15x to 0.84x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | Nkr9.99 | Nkr1.50 | x |
| 2011-12-31 | Nkr1.57 | Nkr1.50 | x |
| 2012-12-31 | Nkr1.69 | Nkr1.50 | x |
| 2013-12-31 | Nkr2.09 | Nkr1.50 | x |
| 2014-12-31 | Nkr2.30 | Nkr1.50 | x |
| 2015-12-31 | Nkr2.72 | Nkr1.50 | x |
| 2016-12-31 | Nkr2.34 | Nkr1.50 | x |
| 2017-12-31 | Nkr1.29 | Nkr1.50 | x |
| 2018-12-31 | Nkr0.95 | Nkr1.50 | x |
| 2019-12-31 | Nkr1.31 | Nkr1.50 | x |
| 2020-12-31 | Nkr2.71 | Nkr1.50 | x |
| 2021-12-31 | Nkr2.20 | Nkr1.50 | x |
| 2022-12-31 | Nkr2.08 | Nkr1.50 | x |
| 2023-12-31 | Nkr1.79 | Nkr1.50 | x |
| 2024-12-31 | Nkr1.79 | Nkr1.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Saga Pure ASA 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): 0.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.02x
- • Equity Multiplier: 1.00x
- Recent ROE (0.34%) is above the historical average (-28.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -3.21% | -12.40% | 0.14x | 1.84x | Nkr-122.99 Million |
| 2011 | -478.74% | -217.92% | 1.23x | 1.79x | Nkr-798.23 Million |
| 2012 | 11.60% | 49.53% | 0.21x | 1.11x | Nkr2.81 Million |
| 2013 | 1.99% | 129.84% | 0.02x | 1.00x | Nkr-17.39 Million |
| 2014 | 0.11% | 5.07% | 0.02x | 1.23x | Nkr-35.83 Million |
| 2015 | 2.12% | 99.17% | 0.02x | 1.09x | Nkr-73.62 Million |
| 2016 | 13.87% | 80.17% | 0.16x | 1.10x | Nkr30.33 Million |
| 2017 | 13.23% | 73.47% | 0.15x | 1.20x | Nkr13.26 Million |
| 2018 | -22.65% | -322.91% | 0.05x | 1.30x | Nkr-98.62 Million |
| 2019 | 13.90% | 84.57% | 0.13x | 1.25x | Nkr13.68 Million |
| 2020 | 22.92% | 101.44% | 0.22x | 1.01x | Nkr99.76 Million |
| 2021 | 21.09% | 171.58% | 0.12x | 1.01x | Nkr122.88 Million |
| 2022 | -2.38% | 0.00% | 0.00x | 1.01x | Nkr-123.36 Million |
| 2023 | -15.82% | 0.00% | -0.06x | 1.01x | Nkr-223.49 Million |
| 2024 | 0.34% | 0.00% | -0.02x | 1.00x | Nkr-83.90 Million |
Industry Comparison
This section compares Saga Pure ASA's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $390,456,667
- Average return on equity (ROE) among peers: -14.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Saga Pure ASA (SAGA) | Nkr842.37 Million | -3.21% | 0.01x | $12.98 Million |
| Hermana Holding ASA (HERMA) | $121.50 Million | 1.40% | 0.01x | $14.02K |
| North Energy ASA (NORTH) | $440.07 Million | -28.29% | 0.36x | $8.73 Million |
| Treasure ASA (TRE) | $609.79 Million | -17.14% | 0.00x | $4.67 Million |