SD Standard Drilling PLC (SDSD) - Net Assets

Latest as of June 2025: Nkr113.70 Million NOK ≈ $11.96 Million USD

Based on the latest financial reports, SD Standard Drilling PLC (SDSD) has net assets worth Nkr113.70 Million NOK (≈ $11.96 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr114.62 Million ≈ $12.06 Million USD) and total liabilities (Nkr923.00K ≈ $97.13K 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 how resilient are SD Standard Drilling PLC's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Nkr113.70 Million
% of Total Assets	99.19%
Annual Growth Rate	-8.91%
5-Year Change	35.2%
10-Year Change	1146.14%
Growth Volatility	273.23

SD Standard Drilling PLC - Net Assets Trend (2011–2024)

This chart illustrates how SD Standard Drilling PLC's net assets have evolved over time, based on quarterly financial data. Also explore SDSD current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for SD Standard Drilling PLC (2011–2024)

The table below shows the annual net assets of SD Standard Drilling PLC from 2011 to 2024. For live valuation and market cap data, see SDSD stock market capitalisation.

Year	Net Assets	Change
2024-12-31	Nkr116.89 Million ≈ $12.30 Million	-17.91%
2023-12-31	Nkr142.38 Million ≈ $14.98 Million	+1.99%
2022-12-31	Nkr139.60 Million ≈ $14.69 Million	+40.58%
2021-12-31	Nkr99.30 Million ≈ $10.45 Million	+14.86%
2020-12-31	Nkr86.46 Million ≈ $9.10 Million	-26.62%
2019-12-31	Nkr117.82 Million ≈ $12.40 Million	+5.88%
2018-12-31	Nkr111.28 Million ≈ $11.71 Million	+10.73%
2017-12-31	Nkr100.49 Million ≈ $10.57 Million	+1003.94%
2016-12-31	Nkr9.10 Million ≈ $957.90K	-2.95%
2015-12-31	Nkr9.38 Million ≈ $987.05K	-82.91%
2014-12-31	Nkr54.88 Million ≈ $5.77 Million	-22.65%
2013-12-31	Nkr70.94 Million ≈ $7.47 Million	-81.79%
2012-12-31	Nkr389.55 Million ≈ $40.99 Million	-0.96%
2011-12-31	Nkr393.31 Million ≈ $41.39 Million	--

Equity Component Analysis

This analysis shows how different components contribute to SD Standard Drilling PLC'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 229.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	Nkr100.45 Million	85.93%
Common Stock	Nkr15.73 Million	13.46%
Other Components	Nkr708.00K	0.61%
Total Equity	Nkr116.89 Million	100.00%

SD Standard Drilling PLC Competitors by Market Cap

The table below lists competitors of SD Standard Drilling PLC ranked by their market capitalization.

Company	Market Cap
Graha Andrasentra Propertindo Tbk PT JK:JGLE	$103.21 Million
G J Steel Public Company Limited BK:GJS	$103.27 Million
Engtex Group Bhd KLSE:5056	$103.34 Million
Lithium Chile Inc V:LITH	$103.34 Million
Shin Foong Specialty and Applied Materials Co TW:6582	$103.20 Million
Putra Mandiri Jembar Tbk PT JK:PMJS	$103.17 Million
Afyren SAS PA:ALAFY	$103.15 Million
Garuda Indonesia Persero Tbk JK:GIAA	$103.15 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in SD Standard Drilling PLC's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 142,382,000 to 116,888,000, a change of -25,494,000 (-17.9%).
Net loss of 15,985,000 reduced equity.
Dividend payments of 9,502,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Nkr-15.98 Million	-13.68%
Dividends Paid	Nkr9.50 Million	-8.13%
Other Changes	Nkr-7.00K	-0.01%
Total Change	Nkr-	-17.91%

Book Value vs Market Value Analysis

This analysis compares SD Standard Drilling PLC'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: 8.39x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has increased from 0.42x to 8.39x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2011-12-31	Nkr4.41	Nkr1.87	x
2012-12-31	Nkr3.12	Nkr1.87	x
2013-12-31	Nkr0.57	Nkr1.87	x
2014-12-31	Nkr0.44	Nkr1.87	x
2015-12-31	Nkr0.08	Nkr1.87	x
2016-12-31	Nkr0.10	Nkr1.87	x
2017-12-31	Nkr0.27	Nkr1.87	x
2018-12-31	Nkr0.20	Nkr1.87	x
2019-12-31	Nkr0.21	Nkr1.87	x
2020-12-31	Nkr0.15	Nkr1.87	x
2021-12-31	Nkr0.19	Nkr1.87	x
2022-12-31	Nkr0.26	Nkr1.87	x
2023-12-31	Nkr0.27	Nkr1.87	x
2024-12-31	Nkr0.22	Nkr1.87	x

Capital Efficiency Dashboard

This dashboard shows how efficiently SD Standard Drilling PLC 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): -13.68%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.00%
• Asset Turnover: -0.12x
• Equity Multiplier: 1.01x
Recent ROE (-13.68%) is below the historical average (3.53%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	7.77%	0.00%	0.00x	1.01x	Nkr-8.78 Million
2012	8.65%	0.00%	0.00x	1.13x	Nkr-5.25 Million
2013	97.98%	0.00%	0.00x	1.00x	Nkr62.42 Million
2014	-29.28%	0.00%	0.00x	1.00x	Nkr-21.56 Million
2015	-35.33%	0.00%	0.00x	1.01x	Nkr-4.25 Million
2016	-3.04%	-143.52%	0.02x	1.02x	Nkr-1.19 Million
2017	-1.17%	0.00%	-0.03x	1.00x	Nkr-11.22 Million
2018	-1.11%	0.00%	0.00x	1.00x	Nkr-12.36 Million
2019	5.55%	90.52%	0.06x	1.00x	Nkr-5.24 Million
2020	-31.13%	0.00%	-0.34x	1.00x	Nkr-35.56 Million
2021	13.83%	167.08%	0.08x	1.00x	Nkr3.81 Million
2022	28.49%	94.36%	0.30x	1.00x	Nkr25.81 Million
2023	1.82%	63.83%	0.03x	1.02x	Nkr-11.65 Million
2024	-13.68%	0.00%	-0.12x	1.01x	Nkr-27.67 Million

Industry Comparison

This section compares SD Standard Drilling PLC's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.

Industry Context

Industry: Oil & Gas Equipment & Services
Average net assets among peers: $2,614,800,260
Average return on equity (ROE) among peers: 14.00%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
SD Standard Drilling PLC (SDSD)	Nkr113.70 Million	7.77%	0.01x	$103.21 Million
Akastor ASA (AKAST)	$5.86 Billion	28.21%	0.14x	$447.42 Million
Aker Solutions ASA (AKSO)	$18.95 Billion	61.40%	1.18x	$2.14 Billion
Argeo AS (ARGEO)	$4.20 Million	20.00%	0.36x	$2.98 Million
BW Offshore Ltd (BWO)	$70.49 Million	0.00%	2.41x	$1.00 Billion
Eidesvik Offshore ASA (EIOF)	$928.05 Million	37.29%	1.52x	$135.17 Million
Electromagnetic Geoservices ASA (EMGS)	$77.97 Million	-98.39%	1.12x	$3.40 Million
Edda Wind ASA (EWIND)	$29.65 Million	-6.46%	2.07x	$308.89 Million
Prosafe SE (PRS)	$141.60 Million	100.64%	2.48x	$132.99 Million
Petrolia SE (PSE)	$40.82 Million	9.74%	0.54x	$37.58 Million
Reach Subsea (REACH)	$44.23 Million	-12.43%	0.15x	$239.42 Million

About SD Standard Drilling PLC

OL:SDSD Norway Oil & Gas Equipment & Services

Market Cap

$103.21 Million

Nkr980.78 Million NOK

Market Cap Rank

#19066 Global

#169 in Norway

Share Price

Nkr1.87

Change (1 day)

+0.81%

52-Week Range

Nkr1.81 - Nkr1.90

All Time High

Nkr4.63