Scana ASA
Scana ASA provides technology and services for the offshore and energy industries in Norway, other European countries, the United States, Asia, and Africa. It operates in two segments: Energy and Offshore. The company offers stress joints, mooring systems, actuators, bop, risers, maintenace, and surface treatment products; and energy storage solutions, shore power, and energy modules. It also pro… Read more
Scana ASA (SCANA) - Net Assets
Latest net assets as of September 2025: Nkr608.80 Million NOK
Based on the latest financial reports, Scana ASA (SCANA) has net assets worth Nkr608.80 Million NOK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr1.58 Billion) and total liabilities (Nkr973.30 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 | Nkr608.80 Million |
| % of Total Assets | 38.48% |
| Annual Growth Rate | 3.74% |
| 5-Year Change | 791.94% |
| 10-Year Change | 263.71% |
| Growth Volatility | 103.21 |
Scana ASA - Net Assets Trend (2001–2024)
This chart illustrates how Scana 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 Scana ASA (2001–2024)
The table below shows the annual net assets of Scana ASA from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr663.00 Million | +14.07% |
| 2023-12-31 | Nkr581.20 Million | +17.98% |
| 2022-12-31 | Nkr492.63 Million | +382.36% |
| 2021-12-31 | Nkr102.13 Million | +37.40% |
| 2020-12-31 | Nkr74.33 Million | +229.76% |
| 2019-12-31 | Nkr22.54 Million | +76.88% |
| 2018-12-31 | Nkr12.74 Million | -92.75% |
| 2017-12-31 | Nkr175.75 Million | -17.66% |
| 2016-12-31 | Nkr213.46 Million | +17.10% |
| 2015-12-31 | Nkr182.29 Million | +18.40% |
| 2014-12-31 | Nkr153.95 Million | -62.01% |
| 2013-12-31 | Nkr405.26 Million | -28.86% |
| 2012-12-31 | Nkr569.64 Million | -9.64% |
| 2011-12-31 | Nkr630.38 Million | -13.81% |
| 2010-12-31 | Nkr731.39 Million | -16.26% |
| 2009-12-31 | Nkr873.43 Million | +20.68% |
| 2008-12-31 | Nkr723.76 Million | 0.00% |
| 2007-12-31 | Nkr723.76 Million | +17.38% |
| 2006-12-31 | Nkr616.61 Million | +40.41% |
| 2005-12-31 | Nkr439.14 Million | +194.31% |
| 2004-12-31 | Nkr149.21 Million | +89.71% |
| 2003-12-31 | Nkr78.65 Million | -50.07% |
| 2002-12-31 | Nkr157.53 Million | -44.74% |
| 2001-12-31 | Nkr285.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Scana 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 50520000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr460.80 Million | 69.50% |
| Other Components | Nkr707.40 Million | 106.70% |
| Total Equity | Nkr663.00 Million | 100.00% |
Scana ASA Competitors by Market Cap
The table below lists competitors of Scana ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pulse Seismic Inc
OTCQX:PLSDF
|
$49.96 Million |
|
King’s Town Construction Co Ltd
TW:2524
|
$49.96 Million |
|
Marie Brizard Wine & Spirits
PA:MBWS
|
$49.99 Million |
|
SOLTEC POWER HOLD. EO-25
F:5PZ
|
$49.99 Million |
|
Senzime AB
ST:SEZI
|
$49.92 Million |
|
Selena FM S.A.
WAR:SEL
|
$49.87 Million |
|
Asian Sea Corporation Public Company Limited
BK:ASIAN
|
$49.87 Million |
|
Emak S.p.A
F:EK4
|
$49.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Scana ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 581,200,000 to 663,000,000, a change of 81,800,000 (14.1%).
- Net income of 83,300,000 contributed positively to equity growth.
- Dividend payments of 22,600,000 reduced retained earnings.
- Share repurchases of 16,800,000 reduced equity.
- New share issuances of 16,800,000 increased equity.
- Other comprehensive income increased equity by 568,500,000.
- Other factors decreased equity by 547,400,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr83.30 Million | +12.56% |
| Dividends Paid | Nkr22.60 Million | -3.41% |
| Share Repurchases | Nkr16.80 Million | -2.53% |
| Share Issuances | Nkr16.80 Million | +2.53% |
| Other Comprehensive Income | Nkr568.50 Million | +85.75% |
| Other Changes | Nkr-547.40 Million | -82.56% |
| Total Change | Nkr- | 14.07% |
Book Value vs Market Value Analysis
This analysis compares Scana 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: 0.97x
- 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 0.02x to 0.97x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | Nkr57.25 | Nkr1.40 | x |
| 2002-12-31 | Nkr20.26 | Nkr1.40 | x |
| 2003-12-31 | Nkr10.12 | Nkr1.40 | x |
| 2004-12-31 | Nkr18.86 | Nkr1.40 | x |
| 2005-12-31 | Nkr39.32 | Nkr1.40 | x |
| 2006-12-31 | Nkr47.36 | Nkr1.40 | x |
| 2007-12-31 | Nkr57.42 | Nkr1.40 | x |
| 2008-12-31 | Nkr57.29 | Nkr1.40 | x |
| 2009-12-31 | Nkr70.03 | Nkr1.40 | x |
| 2010-12-31 | Nkr58.16 | Nkr1.40 | x |
| 2011-12-31 | Nkr50.05 | Nkr1.40 | x |
| 2012-12-31 | Nkr34.47 | Nkr1.40 | x |
| 2013-12-31 | Nkr23.46 | Nkr1.40 | x |
| 2014-12-31 | Nkr2.05 | Nkr1.40 | x |
| 2015-12-31 | Nkr1.95 | Nkr1.40 | x |
| 2016-12-31 | Nkr1.98 | Nkr1.40 | x |
| 2017-12-31 | Nkr1.63 | Nkr1.40 | x |
| 2018-12-31 | Nkr0.12 | Nkr1.40 | x |
| 2019-12-31 | Nkr0.21 | Nkr1.40 | x |
| 2020-12-31 | Nkr0.64 | Nkr1.40 | x |
| 2021-12-31 | Nkr0.87 | Nkr1.40 | x |
| 2022-12-31 | Nkr1.28 | Nkr1.40 | x |
| 2023-12-31 | Nkr1.24 | Nkr1.40 | x |
| 2024-12-31 | Nkr1.44 | Nkr1.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Scana 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): 12.56%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.33%
- • Asset Turnover: 1.22x
- • Equity Multiplier: 2.37x
- Recent ROE (12.56%) is above the historical average (-60.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -18.87% | -3.03% | 1.19x | 5.26x | Nkr-82.30 Million |
| 2002 | -51.31% | -5.75% | 1.27x | 7.04x | Nkr-96.58 Million |
| 2003 | -165.61% | -10.49% | 1.25x | 12.62x | Nkr-138.12 Million |
| 2004 | 18.21% | 2.20% | 1.19x | 6.94x | Nkr12.24 Million |
| 2005 | 18.78% | 5.28% | 1.29x | 2.76x | Nkr38.17 Million |
| 2006 | 30.05% | 9.19% | 1.21x | 2.69x | Nkr116.14 Million |
| 2007 | 28.53% | 8.04% | 1.29x | 2.76x | Nkr127.74 Million |
| 2008 | 8.67% | 2.06% | 1.52x | 2.76x | Nkr-9.17 Million |
| 2009 | 28.97% | 10.75% | 1.14x | 2.37x | Nkr159.53 Million |
| 2010 | -17.24% | -6.96% | 0.96x | 2.58x | Nkr-191.81 Million |
| 2011 | -13.74% | -4.05% | 1.07x | 3.16x | Nkr-142.97 Million |
| 2012 | -33.99% | -9.17% | 1.16x | 3.19x | Nkr-241.69 Million |
| 2013 | -68.04% | -14.95% | 1.20x | 3.80x | Nkr-316.07 Million |
| 2014 | -172.63% | -18.46% | 1.33x | 7.02x | Nkr-280.73 Million |
| 2015 | -39.42% | -6.13% | 1.30x | 4.96x | Nkr-89.99 Million |
| 2016 | 13.38% | 4.42% | 0.94x | 3.23x | Nkr7.21 Million |
| 2017 | -19.08% | -5.20% | 1.10x | 3.34x | Nkr-51.09 Million |
| 2018 | -1128.97% | -50.67% | 0.99x | 22.48x | Nkr-145.05 Million |
| 2019 | 14.60% | 0.91% | 1.60x | 10.01x | Nkr1.04 Million |
| 2020 | 67.62% | 16.57% | 1.24x | 3.28x | Nkr42.83 Million |
| 2021 | 26.20% | 8.79% | 1.36x | 2.19x | Nkr16.54 Million |
| 2022 | -9.03% | -5.02% | 0.64x | 2.80x | Nkr-93.76 Million |
| 2023 | 12.32% | 4.46% | 1.07x | 2.57x | Nkr13.48 Million |
| 2024 | 12.56% | 4.33% | 1.22x | 2.37x | Nkr17.00 Million |
Industry Comparison
This section compares Scana ASA's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $245,431,000
- Average return on equity (ROE) among peers: -6.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Scana ASA (SCANA) | Nkr608.80 Million | -18.87% | 1.60x | $49.95 Million |
| Integrated Wind Solutions AS (IWS) | $123.07 Million | -1.06% | 0.30x | $98.92 Million |
| Nekkar Asa (NKR) | $367.79 Million | -11.13% | 1.02x | $57.62 Million |