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

Latest as of September 2025: Nkr4.29 Billion NOK ≈ $451.04 Million USD

Based on the latest financial reports, Subsea 7 S.A. (SUBC) has net assets worth Nkr4.29 Billion NOK (≈ $451.04 Million USD) 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 ≈ $874.75 Million USD) and total liabilities (Nkr4.03 Billion ≈ $423.70 Million 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 SUBC asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore balance sheet size of Subsea 7 S.A. for the complete picture of this company's asset base.

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. For live valuation and market cap data, see SUBC market cap overview.

Year Net Assets Change
2024-12-31 Nkr4.29 Billion
≈ $451.96 Million		 -1.43%
2023-12-31 Nkr4.36 Billion
≈ $458.49 Million		 -2.10%
2022-12-31 Nkr4.45 Billion
≈ $468.34 Million		 -0.86%
2021-12-31 Nkr4.49 Billion
≈ $472.39 Million		 +5.50%
2020-12-31 Nkr4.26 Billion
≈ $447.76 Million		 -20.66%
2019-12-31 Nkr5.36 Billion
≈ $564.34 Million		 -6.27%
2018-12-31 Nkr5.72 Billion
≈ $602.10 Million		 -3.69%
2017-12-31 Nkr5.94 Billion
≈ $625.16 Million		 +7.30%
2016-12-31 Nkr5.54 Billion
≈ $582.61 Million		 +3.56%
2015-12-31 Nkr5.35 Billion
≈ $562.57 Million		 -3.87%
2014-12-31 Nkr5.56 Billion
≈ $585.25 Million		 -15.89%
2013-12-31 Nkr6.61 Billion
≈ $695.79 Million		 +3.83%
2012-12-31 Nkr6.37 Billion
≈ $670.13 Million		 +9.19%
2011-12-31 Nkr5.83 Billion
≈ $613.75 Million		 +363.15%
2010-12-31 Nkr1.26 Billion
≈ $132.51 Million		 +14.57%
2009-12-31 Nkr1.10 Billion
≈ $115.67 Million		 +37.16%
2008-12-31 Nkr801.40 Million
≈ $84.33 Million		 +7.31%
2007-12-31 Nkr746.80 Million
≈ $78.58 Million		 +3.95%
2006-12-31 Nkr718.40 Million
≈ $75.60 Million		 +49.01%
2005-12-31 Nkr482.10 Million
≈ $50.73 Million		 +37.78%
2004-12-31 Nkr349.90 Million
≈ $36.82 Million		 +197.91%
2003-12-31 Nkr117.45 Million
≈ $12.36 Million		 -77.60%
2002-12-31 Nkr524.42 Million
≈ $55.18 Million		 -20.55%
2001-12-31 Nkr660.02 Million
≈ $69.45 Million		 -1.67%
2000-12-31 Nkr671.25 Million
≈ $70.63 Million		 +64.34%
1999-12-31 Nkr408.44 Million
≈ $42.98 Million		 +1.97%
1998-12-31 Nkr400.55 Million
≈ $42.15 Million		 +14.90%
1997-12-31 Nkr348.61 Million
≈ $36.68 Million		 +350.40%
1996-12-31 Nkr77.40 Million
≈ $8.14 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
Shanghai Putailai New Energy Technology Co.Ltd.
SHG:603659
 $9.92 Billion
Henan Shenhuo Coal & Power Co Ltd
SHE:000933
 $9.92 Billion
Itaúsa - Investimentos Itaú SA
SA:ITSA3
 $9.92 Billion
Klepierre SA
PA:LI
 $9.92 Billion
IAMGold Corporation
TO:IMG
 $9.91 Billion
Peric Special Gases Co. Ltd. A
SHG:688146
 $9.91 Billion
Jiangsu Etern Co Ltd
SHG:600105
 $9.90 Billion
Aditya Birla Capital Limited
NSE:ABCAPITAL
 $9.90 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: 22.13x
  • 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 82.76x to 22.13x 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 Nkr318.20 x
1997-12-31 Nkr7.31 Nkr318.20 x
1998-12-31 Nkr6.68 Nkr318.20 x
1999-12-31 Nkr6.86 Nkr318.20 x
2000-12-31 Nkr8.50 Nkr318.20 x
2001-12-31 Nkr7.57 Nkr318.20 x
2002-12-31 Nkr6.08 Nkr318.20 x
2003-12-31 Nkr1.16 Nkr318.20 x
2004-12-31 Nkr1.97 Nkr318.20 x
2005-12-31 Nkr2.33 Nkr318.20 x
2006-12-31 Nkr3.48 Nkr318.20 x
2007-12-31 Nkr3.78 Nkr318.20 x
2008-12-31 Nkr3.80 Nkr318.20 x
2009-12-31 Nkr5.81 Nkr318.20 x
2010-12-31 Nkr5.82 Nkr318.20 x
2011-12-31 Nkr15.78 Nkr318.20 x
2012-12-31 Nkr16.64 Nkr318.20 x
2013-12-31 Nkr17.52 Nkr318.20 x
2014-12-31 Nkr16.89 Nkr318.20 x
2015-12-31 Nkr16.51 Nkr318.20 x
2016-12-31 Nkr16.28 Nkr318.20 x
2017-12-31 Nkr17.41 Nkr318.20 x
2018-12-31 Nkr17.37 Nkr318.20 x
2019-12-31 Nkr17.48 Nkr318.20 x
2020-12-31 Nkr14.20 Nkr318.20 x
2021-12-31 Nkr14.01 Nkr318.20 x
2022-12-31 Nkr14.07 Nkr318.20 x
2023-12-31 Nkr14.45 Nkr318.20 x
2024-12-31 Nkr14.38 Nkr318.20 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: $1,494,211,800
  • Average return on equity (ROE) among peers: -18.46%

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 $9.92 Billion
Akastor ASA (AKAST) $4.32 Billion -7.46% 1.09x $408.42 Million
Aker Solutions ASA (AKSO) $7.05 Billion 3.14% 1.80x $2.32 Billion
Argeo AS (ARGEO) $189.11 Million -40.34% 0.83x $2.98 Million
BW Offshore Ltd (BWO) $945.00 Million -32.80% 1.74x $903.88 Million
Eidesvik Offshore ASA (EIOF) $928.05 Million 37.29% 1.52x $130.18 Million
Electromagnetic Geoservices ASA (EMGS) $17.12 Million -147.61% 4.08x $2.52 Million
Edda Wind ASA (EWIND) $284.88 Million 0.35% 1.04x $308.89 Million
Prosafe SE (PRS) $1.09 Billion 11.76% 0.97x $164.34 Million
Petrolia SE (PSE) $90.58 Million -8.90% 1.52x $38.20 Million
Reach Subsea (REACH) $35.68 Million 0.00% 20.14x $219.10 Million

About Subsea 7 S.A.

OL:SUBC Norway Oil & Gas Equipment & Services
Market Cap
$9.92 Billion
Nkr94.23 Billion NOK
Market Cap Rank
#2270 Global
#13 in Norway
Share Price
Nkr318.20
Change (1 day)
-1.91%
52-Week Range
Nkr163.80 - Nkr346.40
All Time High
Nkr346.40
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