Scatec Solar OL (SCATC) - Net Assets
Based on the latest financial reports, Scatec Solar OL (SCATC) has net assets worth Nkr11.64 Billion NOK (≈ $1.23 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr49.35 Billion ≈ $5.19 Billion USD) and total liabilities (Nkr37.71 Billion ≈ $3.97 Billion 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 Scatec Solar OL tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr11.64 Billion |
| % of Total Assets | 23.59% |
| Annual Growth Rate | 36.27% |
| 5-Year Change | 22.0% |
| 10-Year Change | 821.81% |
| Growth Volatility | 58.49 |
Scatec Solar OL - Net Assets Trend (2012–2025)
This chart illustrates how Scatec Solar OL's net assets have evolved over time, based on quarterly financial data. See Scatec Solar OL (SCATC) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Scatec Solar OL (2012–2025)
The table below shows the annual net assets of Scatec Solar OL from 2012 to 2025. For live valuation and market cap data, see market value of Scatec Solar OL.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr12.10 Billion ≈ $1.27 Billion |
-5.19% |
| 2024-12-31 | Nkr12.76 Billion ≈ $1.34 Billion |
+20.75% |
| 2023-12-31 | Nkr10.57 Billion ≈ $1.11 Billion |
+20.08% |
| 2022-12-31 | Nkr8.80 Billion ≈ $926.33 Million |
-11.25% |
| 2021-12-31 | Nkr9.92 Billion ≈ $1.04 Billion |
+4.76% |
| 2020-12-31 | Nkr9.47 Billion ≈ $996.31 Million |
+160.11% |
| 2019-12-31 | Nkr3.64 Billion ≈ $383.03 Million |
+47.07% |
| 2018-12-31 | Nkr2.48 Billion ≈ $260.44 Million |
+31.14% |
| 2017-12-31 | Nkr1.89 Billion ≈ $198.59 Million |
+43.76% |
| 2016-12-31 | Nkr1.31 Billion ≈ $138.14 Million |
-7.90% |
| 2015-12-31 | Nkr1.43 Billion ≈ $149.99 Million |
+21.15% |
| 2014-12-31 | Nkr1.18 Billion ≈ $123.81 Million |
+172.22% |
| 2013-12-31 | Nkr432.22 Million ≈ $45.48 Million |
+99.54% |
| 2012-12-31 | Nkr216.61 Million ≈ $22.79 Million |
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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 grown by 58035900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr508.00 Million | 5.03% |
| Common Stock | Nkr4.00 Million | 0.04% |
| Other Components | Nkr9.58 Billion | 94.93% |
| Total Equity | Nkr10.09 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 |
|---|---|
|
Westone Information Industry Inc
SHE:002268
|
$1.65 Billion |
|
PLUXEE NV
PA:PLX
|
$1.65 Billion |
|
Capitalonline Data Service Co Ltd
SHE:300846
|
$1.65 Billion |
|
Korean Reinsu
KO:003690
|
$1.66 Billion |
|
Riyue Heavy Industry Co Ltd
SHG:603218
|
$1.65 Billion |
|
Mister Car Wash, Inc. Common Stock
NYSE:MCW
|
$1.65 Billion |
|
Ventive Hospitality Ltd
NSE:VENTIVE
|
$1.65 Billion |
|
Aether Industries Limited
NSE:AETHER
|
$1.65 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 2024 to 2025, total equity changed from 10,628,000,000 to 10,091,000,000, a change of -537,000,000 (-5.1%).
- Net income of 979,000,000 contributed positively to equity growth.
- Dividend payments of 166,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,351,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr979.00 Million | +9.7% |
| Dividends Paid | Nkr166.00 Million | -1.65% |
| Other Comprehensive Income | Nkr-1.35 Billion | -13.39% |
| Other Changes | Nkr1.00 Million | +0.01% |
| Total Change | Nkr- | -5.05% |
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: 1.55x
- 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 75.72x to 1.55x 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 | Nkr98.20 | x |
| 2013-12-31 | Nkr6.42 | Nkr98.20 | x |
| 2014-12-31 | Nkr8.65 | Nkr98.20 | x |
| 2015-12-31 | Nkr8.60 | Nkr98.20 | x |
| 2016-12-31 | Nkr7.29 | Nkr98.20 | x |
| 2017-12-31 | Nkr12.93 | Nkr98.20 | x |
| 2018-12-31 | Nkr17.28 | Nkr98.20 | x |
| 2019-12-31 | Nkr23.78 | Nkr98.20 | x |
| 2020-12-31 | Nkr64.72 | Nkr98.20 | x |
| 2021-12-31 | Nkr58.05 | Nkr98.20 | x |
| 2022-12-31 | Nkr52.00 | Nkr98.20 | x |
| 2023-12-31 | Nkr54.67 | Nkr98.20 | x |
| 2024-12-31 | Nkr66.88 | Nkr98.20 | x |
| 2025-12-31 | Nkr63.53 | Nkr98.20 | 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): 9.70%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.98%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 4.97x
- Recent ROE (9.70%) is above the historical average (8.39%), 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 |
| 2025 | 9.70% | 26.98% | 0.07x | 4.97x | Nkr-30.10 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: $75,819,567
- Average return on equity (ROE) among peers: -41.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Scatec Solar OL (SCATC) | Nkr11.64 Billion | -3.01% | 3.24x | $1.65 Billion |
| Aker Horizons AS (AKH) | $63.26 Million | -7.38% | 0.14x | $915.32K |
| Cloudberry Clean Energy As (CLOUD) | $4.83 Million | -54.05% | 0.10x | $402.46 Million |
| EAM Solar ASA (EAM) | $15.80 Million | -126.63% | 1.56x | $4.43 Million |
| Eqva ASA (EQVA) | $290.42 Million | -8.17% | 1.30x | $26.98 Million |
| Magnora ASA (MGN) | $9.10 Million | -79.96% | 0.60x | $244.40 Million |
| MPC Energy Solutions NV (MPCES) | $69.43 Million | -12.22% | 0.77x | $32.31 Million |
| Ocean Sun As (OSUN) | $5.55 Million | -32.46% | 0.17x | $3.93 Million |
| Skandia Greenpower AS (SKAND) | $148.16 Million | -12.55% | 1.20x | $20.11 Million |
About Scatec Solar OL
Scatec ASA, together with its subsidiaries, provides renewable energy solutions. 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, including solar, wind, hydropower, battery storag… Read more