Scatec Solar OL
Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production and Development & Construction segments. It produces and sells solar, wind, and hydro generated electricity. The company also develops, builds, owns, and operates solar, wind, and hydro power plants; and storage solutions. The company is also involved in the eng… Read more
Scatec Solar OL (SCATC) - Net Assets
Latest net assets as of September 2025: Nkr12.10 Billion NOK
Based on the latest financial reports, Scatec Solar OL (SCATC) has net assets worth Nkr12.10 Billion NOK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr47.61 Billion) and total liabilities (Nkr35.51 Billion). 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 | Nkr12.10 Billion |
| % of Total Assets | 25.41% |
| Annual Growth Rate | 40.45% |
| 5-Year Change | 34.81% |
| 10-Year Change | 795.47% |
| Growth Volatility | 58.92 |
Scatec Solar OL - Net Assets Trend (2012–2024)
This chart illustrates how Scatec Solar OL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Scatec Solar OL (2012–2024)
The table below shows the annual net assets of Scatec Solar OL from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr12.76 Billion | +20.75% |
| 2023-12-31 | Nkr10.57 Billion | +20.08% |
| 2022-12-31 | Nkr8.80 Billion | -11.25% |
| 2021-12-31 | Nkr9.92 Billion | +4.76% |
| 2020-12-31 | Nkr9.47 Billion | +160.11% |
| 2019-12-31 | Nkr3.64 Billion | +47.07% |
| 2018-12-31 | Nkr2.48 Billion | +31.14% |
| 2017-12-31 | Nkr1.89 Billion | +43.76% |
| 2016-12-31 | Nkr1.31 Billion | -7.90% |
| 2015-12-31 | Nkr1.43 Billion | +21.15% |
| 2014-12-31 | Nkr1.18 Billion | +172.22% |
| 2013-12-31 | Nkr432.22 Million | +99.54% |
| 2012-12-31 | Nkr216.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Scatec Solar OL'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 53064100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr4.00 Million | 0.04% |
| Other Comprehensive Income | Nkr1.35 Billion | 12.71% |
| Other Components | Nkr9.88 Billion | 92.92% |
| Total Equity | Nkr10.63 Billion | 100.00% |
Scatec Solar OL Competitors by Market Cap
The table below lists competitors of Scatec Solar OL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Veritex Holdings Inc
NASDAQ:VBTX
|
$1.59 Billion |
|
Zhejiang Dingli Mach Co Ltd
SHG:603338
|
$1.59 Billion |
|
Dalmia Bharat Limited
NSE:DALBHARAT
|
$1.59 Billion |
|
China Tianying Inc
SHE:000035
|
$1.59 Billion |
|
Abbott India Limited
NSE:ABBOTINDIA
|
$1.59 Billion |
|
Douglas Emmett Inc
NYSE:DEI
|
$1.59 Billion |
|
Hillman Solutions Corp
NASDAQ:HLMN
|
$1.59 Billion |
|
Tasly Pharmaceutical Group Co Ltd
SHG:600535
|
$1.58 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Scatec Solar OL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,687,000,000 to 10,628,000,000, a change of 1,941,000,000 (22.3%).
- Net income of 1,309,000,000 contributed positively to equity growth.
- Dividend payments of 395,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 604,000,000.
- Other factors increased equity by 423,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr1.31 Billion | +12.32% |
| Dividends Paid | Nkr395.00 Million | -3.72% |
| Other Comprehensive Income | Nkr604.00 Million | +5.68% |
| Other Changes | Nkr423.00 Million | +3.98% |
| Total Change | Nkr- | 22.34% |
Book Value vs Market Value Analysis
This analysis compares Scatec Solar OL'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: 1.75x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 90.45x to 1.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Nkr1.30 | Nkr117.30 | x |
| 2013-12-31 | Nkr6.42 | Nkr117.30 | x |
| 2014-12-31 | Nkr8.65 | Nkr117.30 | x |
| 2015-12-31 | Nkr8.60 | Nkr117.30 | x |
| 2016-12-31 | Nkr7.29 | Nkr117.30 | x |
| 2017-12-31 | Nkr12.93 | Nkr117.30 | x |
| 2018-12-31 | Nkr17.28 | Nkr117.30 | x |
| 2019-12-31 | Nkr23.78 | Nkr117.30 | x |
| 2020-12-31 | Nkr64.72 | Nkr117.30 | x |
| 2021-12-31 | Nkr58.05 | Nkr117.30 | x |
| 2022-12-31 | Nkr52.00 | Nkr117.30 | x |
| 2023-12-31 | Nkr54.67 | Nkr117.30 | x |
| 2024-12-31 | Nkr66.88 | Nkr117.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Scatec Solar OL 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): 12.32%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.97%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 4.30x
- Recent ROE (12.32%) is above the historical average (8.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -3.01% | -0.95% | 0.69x | 4.55x | Nkr-27.40 Million |
| 2013 | 53.63% | 11.74% | 1.27x | 3.59x | Nkr181.97 Million |
| 2014 | -2.85% | -3.75% | 0.10x | 7.96x | Nkr-80.90 Million |
| 2015 | 8.38% | 7.80% | 0.11x | 9.89x | Nkr-13.06 Million |
| 2016 | 0.51% | 0.35% | 0.14x | 10.33x | Nkr-64.97 Million |
| 2017 | 25.89% | 30.25% | 0.11x | 7.82x | Nkr208.10 Million |
| 2018 | 7.43% | 12.16% | 0.08x | 7.88x | Nkr-48.50 Million |
| 2019 | 5.21% | 8.56% | 0.08x | 7.25x | Nkr-142.50 Million |
| 2020 | -4.18% | -13.28% | 0.10x | 3.03x | Nkr-1.25 Billion |
| 2021 | 4.19% | 12.77% | 0.09x | 3.56x | Nkr-539.00 Million |
| 2022 | -14.85% | -40.87% | 0.08x | 4.45x | Nkr-2.05 Billion |
| 2023 | 15.07% | 29.97% | 0.10x | 4.81x | Nkr440.30 Million |
| 2024 | 12.32% | 29.97% | 0.10x | 4.30x | Nkr246.20 Million |
Industry Comparison
This section compares Scatec Solar OL's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,286,616,289
- Average return on equity (ROE) among peers: -14.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Scatec Solar OL (SCATC) | Nkr12.10 Billion | -3.01% | 2.93x | $1.59 Billion |
| Aega ASA (AEGA) | $8.66 Million | -22.80% | 1.80x | $402.90K |
| Cloudberry Clean Energy As (CLOUD) | $5.43 Billion | 1.12% | 0.74x | $221.08 Million |
| EAM Solar ASA (EAM) | $9.67 Million | -1.79% | 0.73x | $2.52 Million |
| Eqva ASA (EQVA) | $-114.66 Million | 0.00% | 0.00x | $8.18 Million |
| Magnora ASA (MGN) | $5.87 Billion | -14.16% | 1.32x | $81.76 Million |
| MPC Energy Solutions NV (MPCES) | $75.18 Million | -7.47% | 0.72x | $25.09 Million |
| Nordic Financials ASA (NOFIN) | $99.67 Million | -22.80% | 1.80x | $1.70K |
| Norsk Solar AS (NSOL) | $160.38 Million | -21.63% | 0.34x | $384.61K |
| Ocean Sun As (OSUN) | $45.17 Million | -41.32% | 0.17x | $1.30 Million |