Subsea 7 S.A.

OL:SUBC Norway Oil & Gas Equipment & Services
Market Cap
$7.31 Billion
Nkr83.33 Billion NOK
Market Cap Rank
#2770 Global
#2 in Norway
Share Price
Nkr281.40
Change (1 day)
+0.72%
52-Week Range
Nkr137.40 - Nkr281.40
All Time High
Nkr281.40
Categories
Companies in Norway Oil & Gas Equipment & Services
About

Subsea 7 S.A. delivers offshore projects and services for the energy industry worldwide. The company offers subsea field development products and services, including project management, design and engineering, procurement, fabrication, survey, installation, and commissioning of production facilities on the seabed and the tie-back of its facilities to fixed or floating platforms or to the shore. I… Read more

Subsea 7 S.A. (SUBC) - Net Assets

Latest net assets as of September 2025: Nkr4.29 Billion NOK

Based on the latest financial reports, Subsea 7 S.A. (SUBC) has net assets worth Nkr4.29 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 (Nkr8.31 Billion) and total liabilities (Nkr4.03 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 Nkr4.29 Billion
% of Total Assets 51.56%
Annual Growth Rate 15.42%
5-Year Change 0.94%
10-Year Change -19.66%
Growth Volatility 98.95

Subsea 7 S.A. - Net Assets Trend (1996–2024)

This chart illustrates how Subsea 7 S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Subsea 7 S.A. (1996–2024)

The table below shows the annual net assets of Subsea 7 S.A. from 1996 to 2024.

Year Net Assets Change
2024-12-31 Nkr4.29 Billion -1.43%
2023-12-31 Nkr4.36 Billion -2.10%
2022-12-31 Nkr4.45 Billion -0.86%
2021-12-31 Nkr4.49 Billion +5.50%
2020-12-31 Nkr4.26 Billion -20.66%
2019-12-31 Nkr5.36 Billion -6.27%
2018-12-31 Nkr5.72 Billion -3.69%
2017-12-31 Nkr5.94 Billion +7.30%
2016-12-31 Nkr5.54 Billion +3.56%
2015-12-31 Nkr5.35 Billion -3.87%
2014-12-31 Nkr5.56 Billion -15.89%
2013-12-31 Nkr6.61 Billion +3.83%
2012-12-31 Nkr6.37 Billion +9.19%
2011-12-31 Nkr5.83 Billion +363.15%
2010-12-31 Nkr1.26 Billion +14.57%
2009-12-31 Nkr1.10 Billion +37.16%
2008-12-31 Nkr801.40 Million +7.31%
2007-12-31 Nkr746.80 Million +3.95%
2006-12-31 Nkr718.40 Million +49.01%
2005-12-31 Nkr482.10 Million +37.78%
2004-12-31 Nkr349.90 Million +197.91%
2003-12-31 Nkr117.45 Million -77.60%
2002-12-31 Nkr524.42 Million -20.55%
2001-12-31 Nkr660.02 Million -1.67%
2000-12-31 Nkr671.25 Million +64.34%
1999-12-31 Nkr408.44 Million +1.97%
1998-12-31 Nkr400.55 Million +14.90%
1997-12-31 Nkr348.61 Million +350.40%
1996-12-31 Nkr77.40 Million --

Equity Component Analysis

This analysis shows how different components contribute to Subsea 7 S.A.'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 183600000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings Nkr1.82 Billion 42.93%
Common Stock Nkr599.20 Million 14.10%
Other Components Nkr1.83 Billion 42.97%
Total Equity Nkr4.25 Billion 100.00%

Subsea 7 S.A. Competitors by Market Cap

The table below lists competitors of Subsea 7 S.A. ranked by their market capitalization.

Company Market Cap
OMRON Corporation
PINK:OMRNF
 		$4.90 Billion
Hwatsing Technology Co. Ltd. A
SHG:688120
 		$4.90 Billion
Mohawk Industries Inc
NYSE:MHK
 		$4.91 Billion
Porsche Automobil Holding SE Pfd.
WAR:PSHE
 		$4.91 Billion
Air China Ltd Class A
SHG:601111
 		$4.89 Billion
ChampionX Corporation
NASDAQ:CHX
 		$4.89 Billion
Atlantic Union Bankshares Corp
NYSE:AUB
 		$4.89 Billion
CSC Financial Co. Ltd
F:CS0
 		$4.88 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Subsea 7 S.A.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,323,000,000 to 4,250,400,000, a change of -72,600,000 (-1.7%).
  • Net income of 201,400,000 contributed positively to equity growth.
  • Dividend payments of 162,900,000 reduced retained earnings.
  • Share repurchases of 87,300,000 reduced equity.
  • Other comprehensive income increased equity by 606,799,999.
  • Other factors decreased equity by 630,599,999.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Nkr201.40 Million +4.74%
Dividends Paid Nkr162.90 Million -3.83%
Share Repurchases Nkr87.30 Million -2.05%
Other Comprehensive Income Nkr606.80 Million +14.28%
Other Changes Nkr-630.60 Million -14.84%
Total Change Nkr- -1.68%

Book Value vs Market Value Analysis

This analysis compares Subsea 7 S.A.'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: 19.57x
  • 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 decreased from 73.19x to 19.57x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 Nkr3.85 Nkr281.40 x
1997-12-31 Nkr7.31 Nkr281.40 x
1998-12-31 Nkr6.68 Nkr281.40 x
1999-12-31 Nkr6.86 Nkr281.40 x
2000-12-31 Nkr8.50 Nkr281.40 x
2001-12-31 Nkr7.57 Nkr281.40 x
2002-12-31 Nkr6.08 Nkr281.40 x
2003-12-31 Nkr1.16 Nkr281.40 x
2004-12-31 Nkr1.97 Nkr281.40 x
2005-12-31 Nkr2.33 Nkr281.40 x
2006-12-31 Nkr3.48 Nkr281.40 x
2007-12-31 Nkr3.78 Nkr281.40 x
2008-12-31 Nkr3.80 Nkr281.40 x
2009-12-31 Nkr5.81 Nkr281.40 x
2010-12-31 Nkr5.82 Nkr281.40 x
2011-12-31 Nkr15.78 Nkr281.40 x
2012-12-31 Nkr16.64 Nkr281.40 x
2013-12-31 Nkr17.52 Nkr281.40 x
2014-12-31 Nkr16.89 Nkr281.40 x
2015-12-31 Nkr16.51 Nkr281.40 x
2016-12-31 Nkr16.28 Nkr281.40 x
2017-12-31 Nkr17.41 Nkr281.40 x
2018-12-31 Nkr17.37 Nkr281.40 x
2019-12-31 Nkr17.48 Nkr281.40 x
2020-12-31 Nkr14.20 Nkr281.40 x
2021-12-31 Nkr14.01 Nkr281.40 x
2022-12-31 Nkr14.07 Nkr281.40 x
2023-12-31 Nkr14.45 Nkr281.40 x
2024-12-31 Nkr14.38 Nkr281.40 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Subsea 7 S.A. 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): 4.74%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.95%
  • • Asset Turnover: 0.89x
  • • Equity Multiplier: 1.81x
  • Recent ROE (4.74%) is above the historical average (-7.89%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 -19.38% -4.75% 0.88x 4.65x Nkr-22.59 Million
1997 11.21% 9.05% 0.94x 1.31x Nkr4.20 Million
1998 14.31% 8.82% 0.74x 2.19x Nkr17.25 Million
1999 3.97% 2.53% 0.76x 2.06x Nkr-24.63 Million
2000 -5.14% -3.50% 0.70x 2.10x Nkr-101.39 Million
2001 -2.15% -1.13% 0.80x 2.36x Nkr-80.21 Million
2002 -29.37% -10.56% 0.99x 2.82x Nkr-203.56 Million
2003 -389.73% -28.21% 1.19x 11.58x Nkr-428.81 Million
2004 1.62% 0.41% 1.12x 3.53x Nkr-26.36 Million
2005 30.61% 9.40% 1.07x 3.04x Nkr93.93 Million
2006 33.83% 11.14% 0.96x 3.16x Nkr166.73 Million
2007 21.08% 5.77% 1.10x 3.32x Nkr80.73 Million
2008 38.26% 11.95% 1.02x 3.14x Nkr222.63 Million
2009 22.94% 11.09% 0.78x 2.65x Nkr138.20 Million
2010 22.07% 11.20% 0.79x 2.49x Nkr145.15 Million
2011 7.33% 7.74% 0.59x 1.60x Nkr-154.40 Million
2012 13.13% 13.24% 0.60x 1.66x Nkr197.95 Million
2013 5.29% 5.52% 0.61x 1.58x Nkr-308.97 Million
2014 -6.05% -4.92% 0.80x 1.54x Nkr-896.49 Million
2015 -0.32% -0.36% 0.61x 1.46x Nkr-554.71 Million
2016 7.81% 12.22% 0.46x 1.40x Nkr-122.35 Million
2017 7.72% 11.41% 0.51x 1.31x Nkr-134.46 Million
2018 3.21% 4.48% 0.54x 1.33x Nkr-385.84 Million
2019 -1.55% -2.25% 0.51x 1.36x Nkr-615.27 Million
2020 -26.14% -31.88% 0.55x 1.49x Nkr-1.53 Billion
2021 0.76% 0.63% 0.72x 1.67x Nkr-386.58 Million
2022 0.88% 0.71% 0.74x 1.68x Nkr-375.76 Million
2023 0.36% 0.26% 0.74x 1.87x Nkr-416.90 Million
2024 4.74% 2.95% 0.89x 1.81x Nkr-223.64 Million

Industry Comparison

This section compares Subsea 7 S.A.'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: $958,749,295
  • Average return on equity (ROE) among peers: 0.88%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Subsea 7 S.A. (SUBC) Nkr4.29 Billion -19.38% 0.94x $4.89 Billion
Aker Solutions ASA (AKSO) $6.47 Billion 19.42% 2.98x $1.29 Billion
Aquila Holdings ASA (AQUIL) $-7.85 Million 0.00% 0.00x $9.46 Million
Argeo AS (ARGEO) $5.69 Million -1.74% 0.00x $1.05 Million
Eidesvik Offshore ASA (EIOF) $1.35 Billion 10.31% 1.28x $11.52 Million
Electromagnetic Geoservices ASA (EMGS) $8.68 Million 128.90% 3.92x $1.11 Million
SED Energy Holdings Plc (ENH) $28.74 Million -44.75% 1.29x $7.25K
Edda Wind ASA (EWIND) $284.88 Million 0.35% 1.04x $57.04 Million
MORELD AS (MORLD) $698.55 Million -101.82% 9.29x $86.84 Million
Prosafe SE (PRS) $715.30 Million -7.07% 2.06x $52.19 Million
Petrolia SE (PSE) $38.43 Million 5.22% 0.74x $4.61 Million