Protector Forsikring ASA
Protector Forsikring ASA, operates as a non-life insurance company, provides direct general insurance and reinsurance to the commercial lines of business, public sector, and affinity schemes. The company offers property insurance, motor insurance, personal insurance, and liability insurance. It sells its products through insurance brokers and agents. Protector Forsikring ASA was incorporated in 2… Read more
Protector Forsikring ASA (PSKRF) - Net Assets
Latest net assets as of June 2025: $6.29 Billion USD
Based on the latest financial reports, Protector Forsikring ASA (PSKRF) has net assets worth $6.29 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($29.68 Billion) and total liabilities ($23.39 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 | $6.29 Billion |
| % of Total Assets | 21.19% |
| Annual Growth Rate | 18.56% |
| 5-Year Change | 79.51% |
| 10-Year Change | 170.28% |
| Growth Volatility | 31.96 |
Protector Forsikring ASA - Net Assets Trend (2014–2024)
This chart illustrates how Protector Forsikring ASA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Protector Forsikring ASA (2014–2024)
The table below shows the annual net assets of Protector Forsikring ASA from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $5.44 Billion | +20.11% |
| 2023-12-31 | $4.53 Billion | +20.40% |
| 2022-12-31 | $3.76 Billion | +5.01% |
| 2021-12-31 | $3.58 Billion | +18.20% |
| 2020-12-31 | $3.03 Billion | +50.07% |
| 2019-12-31 | $2.02 Billion | -0.68% |
| 2018-12-31 | $2.03 Billion | -21.54% |
| 2017-12-31 | $2.59 Billion | +14.24% |
| 2016-12-31 | $2.27 Billion | +12.69% |
| 2015-12-31 | $2.01 Billion | +103.01% |
| 2014-12-31 | $991.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Protector Forsikring ASA'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $5.44 Billion | 100.00% |
| Total Equity | $5.44 Billion | 100.00% |
Protector Forsikring ASA Competitors by Market Cap
The table below lists competitors of Protector Forsikring ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mani, Inc.
PINK:MNICF
|
$838.72 Million |
|
NCR Corp.
LSE:0K45
|
$839.51 Million |
|
Charoen Pokphand Enterprise Taiwan Co Ltd
TW:1215
|
$839.68 Million |
|
SEIREN CO. LTD
F:1AB
|
$839.91 Million |
|
Lecron Energy Saving Materials
SHE:300343
|
$838.33 Million |
|
LifeTech Scientific Corporation
PINK:LFTSF
|
$838.16 Million |
|
Axis Real Estate Investment Trust
KLSE:5106
|
$838.08 Million |
|
Wuxi Longsheng Technology Co Ltd
SHE:300680
|
$837.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Protector Forsikring ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,529,000,000 to 5,440,000,000, a change of 911,000,000 (20.1%).
- Net income of 1,539,000,000 contributed positively to equity growth.
- Dividend payments of 742,000,000 reduced retained earnings.
- Other factors increased equity by 114,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.54 Billion | +28.29% |
| Dividends Paid | $742.00 Million | -13.64% |
| Other Changes | $114.00 Million | +2.1% |
| Total Change | $- | 20.11% |
Book Value vs Market Value Analysis
This analysis compares Protector Forsikring ASA'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: 0.17x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.31x to 0.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $37.01 | $11.50 | x |
| 2021-12-31 | $43.49 | $11.50 | x |
| 2022-12-31 | $45.66 | $11.50 | x |
| 2023-12-31 | $54.94 | $11.50 | x |
| 2024-12-31 | $65.99 | $11.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Protector Forsikring ASA 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): 28.29%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.16%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 4.53x
- Recent ROE (28.29%) is above the historical average (22.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 38.61% | 18.99% | 0.34x | 6.00x | $283.62 Million |
| 2015 | 23.07% | 18.69% | 0.32x | 3.83x | $262.96 Million |
| 2016 | 19.96% | 14.22% | 0.36x | 3.91x | $225.86 Million |
| 2017 | 18.40% | 17.36% | 0.22x | 4.74x | $217.59 Million |
| 2018 | -14.53% | -10.46% | 0.22x | 6.31x | $-498.71 Million |
| 2019 | -0.22% | -0.11% | 0.29x | 7.30x | $-206.47 Million |
| 2020 | 32.31% | 17.74% | 0.33x | 5.53x | $676.16 Million |
| 2021 | 34.40% | 20.79% | 0.31x | 5.37x | $873.90 Million |
| 2022 | 36.66% | 23.01% | 0.36x | 4.44x | $1.00 Billion |
| 2023 | 33.32% | 15.53% | 0.47x | 4.61x | $1.06 Billion |
| 2024 | 28.29% | 13.16% | 0.47x | 4.53x | $995.00 Million |
Industry Comparison
This section compares Protector Forsikring ASA's net assets metrics with peer companies in the Insurance - Specialty industry.
Industry Context
- Industry: Insurance - Specialty
- Average net assets among peers: $1,750,559,688
- Average return on equity (ROE) among peers: 95.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Protector Forsikring ASA (PSKRF) | $6.29 Billion | 38.61% | 3.72x | $838.66 Million |
| ACMAT Corporation (ACMT) | $28.31 Million | 2.63% | 1.14x | $2.73 Million |
| Enact Holdings Inc (ACT) | $5.00 Billion | 13.77% | 0.31x | $1.07 Billion |
| Assured Guaranty Ltd (AGO) | $1.67 Billion | -18.20% | 1.28x | $3.59 Billion |
| Ambac Financial Group Inc (AMBC) | $1.43 Billion | 0.25% | 4.61x | $343.48 Million |
| AMERISAFE Inc (AMSF) | $253.27 Million | 17.31% | 3.37x | $604.47 Million |
| AXIS Capital Holdings Ltd (AXS) | $6.27 Billion | 8.18% | 2.32x | $7.46 Billion |
| Beazley plc (BZLYF) | $2.61 Billion | 0.73% | 0.02x | $6.37 Billion |
| Employers Holdings Inc (EIG) | $9.75 Million | 980.17% | 300.10x | $745.99 Million |
| Essent Group Ltd (ESNT) | $176.06 Million | -19.06% | 0.19x | $5.40 Billion |
| First Acceptance Corp (FACO) | $65.52 Million | -26.69% | 4.43x | $134.82 Million |