Saga Pure ASA (SAGA) - Net Assets
Based on the latest financial reports, Saga Pure ASA (SAGA) has net assets worth Nkr1.13 Billion NOK (≈ $118.85 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr1.14 Billion ≈ $119.82 Million USD) and total liabilities (Nkr9.23 Million ≈ $971.05K 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. Also explore SAGA asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr1.13 Billion |
| % of Total Assets | 99.19% |
| Annual Growth Rate | 1.3% |
| 5-Year Change | 1.94% |
| 10-Year Change | 39.83% |
| Growth Volatility | 57.2 |
Saga Pure ASA - Net Assets Trend (2010–2025)
This chart illustrates how Saga Pure ASA's net assets have evolved over time, based on quarterly financial data. Check Saga Pure ASA (SAGA) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Saga Pure ASA (2010–2025)
The table below shows the annual net assets of Saga Pure ASA from 2010 to 2025. For live valuation and market cap data, see SAGA market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr1.13 Billion ≈ $118.85 Million |
+30.02% |
| 2024-12-31 | Nkr868.68 Million ≈ $91.41 Million |
+0.34% |
| 2023-12-31 | Nkr865.71 Million ≈ $91.10 Million |
-13.12% |
| 2022-12-31 | Nkr996.46 Million ≈ $104.86 Million |
-10.06% |
| 2021-12-31 | Nkr1.11 Billion ≈ $116.59 Million |
+43.45% |
| 2020-12-31 | Nkr772.36 Million ≈ $81.27 Million |
+108.17% |
| 2019-12-31 | Nkr371.03 Million ≈ $39.04 Million |
+15.12% |
| 2018-12-31 | Nkr322.29 Million ≈ $33.91 Million |
-26.26% |
| 2017-12-31 | Nkr437.07 Million ≈ $45.99 Million |
-45.89% |
| 2016-12-31 | Nkr807.77 Million ≈ $85.00 Million |
-15.94% |
| 2015-12-31 | Nkr960.91 Million ≈ $101.12 Million |
+148.68% |
| 2014-12-31 | Nkr386.40 Million ≈ $40.66 Million |
+77.91% |
| 2013-12-31 | Nkr217.19 Million ≈ $22.85 Million |
+23.21% |
| 2012-12-31 | Nkr176.27 Million ≈ $18.55 Million |
+7.92% |
| 2011-12-31 | Nkr163.33 Million ≈ $17.19 Million |
-82.46% |
| 2010-12-31 | Nkr930.98 Million ≈ $97.97 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 17941879350.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Nkr1.34 Billion | 118.53% |
| Total Equity | Nkr1.13 Billion | 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 |
|---|---|
|
Salasar Techno Engineering Limited
NSE:SALASAR
|
$111.53 Million |
|
Agora S.A.
WAR:AGO
|
$111.53 Million |
|
Mobase Electronics Co.Ltd
KQ:012860
|
$111.56 Million |
|
Stellar Resources Ltd
AU:SRZ
|
$111.59 Million |
|
Atlas Salt Inc
V:SALT
|
$111.49 Million |
|
Paramount Gold Nevada Corp
NYSE MKT:PZG
|
$111.47 Million |
|
Severn Trent PLC
LSE:SVT
|
$111.46 Million |
|
MDxHealth SA ADR
NASDAQ:MDXH
|
$111.46 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 2024 to 2025, total equity changed from 868,677,000 to 1,129,465,000, a change of 260,788,000 (30.0%).
- Net income of 8,265,000 contributed positively to equity growth.
- New share issuances of 121,500,000 increased equity.
- Other factors increased equity by 131,023,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr8.27 Million | +0.73% |
| Share Issuances | Nkr121.50 Million | +10.76% |
| Other Changes | Nkr131.02 Million | +11.6% |
| Total Change | Nkr- | 30.02% |
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: 0.94x
- 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 0.16x to 0.94x 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 | Nkr1.57 | x |
| 2011-12-31 | Nkr1.57 | Nkr1.57 | x |
| 2012-12-31 | Nkr1.69 | Nkr1.57 | x |
| 2013-12-31 | Nkr2.09 | Nkr1.57 | x |
| 2014-12-31 | Nkr2.30 | Nkr1.57 | x |
| 2015-12-31 | Nkr2.72 | Nkr1.57 | x |
| 2016-12-31 | Nkr2.34 | Nkr1.57 | x |
| 2017-12-31 | Nkr1.29 | Nkr1.57 | x |
| 2018-12-31 | Nkr0.95 | Nkr1.57 | x |
| 2019-12-31 | Nkr1.31 | Nkr1.57 | x |
| 2020-12-31 | Nkr2.71 | Nkr1.57 | x |
| 2021-12-31 | Nkr2.20 | Nkr1.57 | x |
| 2022-12-31 | Nkr2.08 | Nkr1.57 | x |
| 2023-12-31 | Nkr1.79 | Nkr1.57 | x |
| 2024-12-31 | Nkr1.79 | Nkr1.57 | x |
| 2025-12-31 | Nkr1.67 | Nkr1.57 | 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): 0.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 88.93%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.01x
- Recent ROE (0.73%) is above the historical average (-26.31%), 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 |
| 2025 | 0.73% | 88.93% | 0.01x | 1.01x | Nkr-104.68 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: $778,426,223
- Average return on equity (ROE) among peers: 194.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Saga Pure ASA (SAGA) | Nkr1.13 Billion | -3.21% | 0.01x | $111.50 Million |
| Hermana Holding ASA (HERMA) | $1.70 Million | 764.71% | 0.00x | $22.56 Million |
| Kmc Properties ASA (KMCP) | $2.47 Billion | 11.67% | 0.71x | $3.04 Million |
| North Energy ASA (NORTH) | $39.95 Million | 0.00% | 0.04x | $28.13 Million |
| Treasure ASA (TRE) | $597.14 Million | -0.12% | 0.00x | $850.94 Million |
About Saga Pure ASA
Saga Pure ASA, an investment company, engages in the investment and management related to industry, energy, and real estate. The company offers business activities, such as 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 in… Read more