Akastor ASA
Akastor ASA operates as an oilfield services investment company in Norway and internationally. It operates HMH, AKOFS Offshore, DDW Offshore, and Other holdings. The company offers vessel-based subsea well construction and intervention services to the oil and gas industry. Its HMH segments offer delivery capabilities, capital, renowned industry expertise and delivers the full range of offshore dr… Read more
Akastor ASA (AKKVF) - Net Assets
Latest net assets as of June 2025: $5.47 Billion USD
Based on the latest financial reports, Akastor ASA (AKKVF) has net assets worth $5.47 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 ($6.21 Billion) and total liabilities ($748.00 Million). 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 | $5.47 Billion |
| % of Total Assets | 87.96% |
| Annual Growth Rate | 1.61% |
| 5-Year Change | 59.73% |
| 10-Year Change | -20.67% |
| Growth Volatility | 26.44 |
Akastor ASA - Net Assets Trend (2005–2024)
This chart illustrates how Akastor 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 Akastor ASA (2005–2024)
The table below shows the annual net assets of Akastor ASA from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $5.86 Billion | +47.58% |
| 2023-12-31 | $3.97 Billion | -2.98% |
| 2022-12-31 | $4.09 Billion | -0.41% |
| 2021-12-31 | $4.11 Billion | +12.02% |
| 2020-12-31 | $3.67 Billion | -16.08% |
| 2019-12-31 | $4.37 Billion | +1.25% |
| 2018-12-31 | $4.32 Billion | -18.19% |
| 2017-12-31 | $5.28 Billion | -5.43% |
| 2016-12-31 | $5.58 Billion | -24.45% |
| 2015-12-31 | $7.39 Billion | -21.24% |
| 2014-12-31 | $9.38 Billion | -30.82% |
| 2013-12-31 | $13.55 Billion | +13.15% |
| 2012-12-31 | $11.98 Billion | +5.86% |
| 2011-12-31 | $11.32 Billion | +9.30% |
| 2010-12-31 | $10.35 Billion | +13.49% |
| 2009-12-31 | $9.12 Billion | +6.01% |
| 2008-12-31 | $8.61 Billion | +18.43% |
| 2007-12-31 | $7.27 Billion | -10.44% |
| 2006-12-31 | $8.11 Billion | +87.52% |
| 2005-12-31 | $4.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Akastor 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 grown by 73.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.16 Billion | 70.93% |
| Common Stock | $161.00 Million | 2.75% |
| Other Comprehensive Income | $202.00 Million | 3.45% |
| Other Components | $1.34 Billion | 22.87% |
| Total Equity | $5.86 Billion | 100.00% |
Akastor ASA Competitors by Market Cap
The table below lists competitors of Akastor ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PANIN INSURANCE
MU:OA9
|
$54.21 Million |
|
1S90
F:1S90
|
$54.21 Million |
|
8098
TWO:8098
|
$54.22 Million |
|
Tian An China Investments Company Limited
PINK:TIACF
|
$54.22 Million |
|
Inspirato Inc
NASDAQ:ISPO
|
$54.21 Million |
|
Raba Jarmuipari Holding Nyrt
BUD:RABA
|
$54.19 Million |
|
S Hotels and Resorts Public Company Limited
BK:SHR
|
$54.18 Million |
|
Aardvark Therapeutics, Inc. Common Stock
NASDAQ:AARD
|
$54.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Akastor ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,970,000,000 to 5,859,000,000, a change of 1,889,000,000 (47.6%).
- Net income of 1,653,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 166,000,000.
- Other factors increased equity by 70,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.65 Billion | +28.21% |
| Other Comprehensive Income | $166.00 Million | +2.83% |
| Other Changes | $70.00 Million | +1.19% |
| Total Change | $- | 47.58% |
Book Value vs Market Value Analysis
This analysis compares Akastor 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: 0.05x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $15.49 | $1.10 | x |
| 2006-12-31 | $29.01 | $1.10 | x |
| 2007-12-31 | $26.12 | $1.10 | x |
| 2008-12-31 | $31.41 | $1.10 | x |
| 2009-12-31 | $33.33 | $1.10 | x |
| 2010-12-31 | $37.67 | $1.10 | x |
| 2011-12-31 | $41.27 | $1.10 | x |
| 2012-12-31 | $43.62 | $1.10 | x |
| 2013-12-31 | $49.35 | $1.10 | x |
| 2014-12-31 | $34.50 | $1.10 | x |
| 2015-12-31 | $27.25 | $1.10 | x |
| 2016-12-31 | $20.57 | $1.10 | x |
| 2017-12-31 | $19.46 | $1.10 | x |
| 2018-12-31 | $15.92 | $1.10 | x |
| 2019-12-31 | $16.03 | $1.10 | x |
| 2020-12-31 | $13.46 | $1.10 | x |
| 2021-12-31 | $15.06 | $1.10 | x |
| 2022-12-31 | $14.97 | $1.10 | x |
| 2023-12-31 | $14.59 | $1.10 | x |
| 2024-12-31 | $21.53 | $1.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Akastor 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): 28.21%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 179.28%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.14x
- Recent ROE (28.21%) is above the historical average (11.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 28.84% | 3.33% | 1.40x | 6.17x | $802.80 Million |
| 2006 | 46.82% | 7.39% | 1.61x | 3.93x | $2.94 Billion |
| 2007 | 33.82% | 4.14% | 2.03x | 4.02x | $1.69 Billion |
| 2008 | 17.02% | 2.47% | 1.36x | 5.06x | $593.00 Million |
| 2009 | 25.18% | 4.20% | 1.35x | 4.45x | $1.36 Billion |
| 2010 | 19.77% | 4.36% | 1.15x | 3.94x | $993.50 Million |
| 2011 | 47.13% | 14.73% | 1.05x | 3.06x | $4.14 Billion |
| 2012 | 19.02% | 5.06% | 1.10x | 3.40x | $1.07 Billion |
| 2013 | 9.38% | 2.94% | 0.89x | 3.60x | $-82.40 Million |
| 2014 | 26.47% | 11.73% | 0.87x | 2.61x | $1.54 Billion |
| 2015 | -35.03% | -16.73% | 0.75x | 2.78x | $-3.33 Billion |
| 2016 | -22.97% | -24.94% | 0.40x | 2.30x | $-1.84 Billion |
| 2017 | -1.10% | -1.35% | 0.42x | 1.96x | $-585.70 Million |
| 2018 | -7.46% | -8.66% | 0.41x | 2.09x | $-753.70 Million |
| 2019 | 2.30% | 1.87% | 0.51x | 2.43x | $-335.30 Million |
| 2020 | -15.89% | -70.51% | 0.09x | 2.50x | $-946.70 Million |
| 2021 | 22.46% | 100.66% | 0.13x | 1.76x | $509.90 Million |
| 2022 | -6.80% | -26.67% | 0.15x | 1.68x | $-681.60 Million |
| 2023 | -6.65% | -98.51% | 0.04x | 1.52x | $-661.00 Million |
| 2024 | 28.21% | 179.28% | 0.14x | 1.14x | $1.07 Billion |
Industry Comparison
This section compares Akastor ASA'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: $2,727,588,777
- Average return on equity (ROE) among peers: -11.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Akastor ASA (AKKVF) | $5.47 Billion | 28.84% | 0.14x | $54.21 Million |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $216.46 Million |
| Atlas Energy Solutions Inc. (AESI) | $338.70 Million | 1.26% | 0.61x | $1.29 Billion |
| Andatee China Marine Fuel Services (AMCF) | $59.95 Million | -1.69% | 3.89x | $0.96 |
| Archrock Inc (AROC) | $1.82 Billion | -30.24% | 1.91x | $6.07 Billion |
| Anton Oilfield Services Group (ATONY) | $2.69 Billion | 8.25% | 1.69x | $381.63 Million |
| Auri Inc (AURI) | $-2.36 Million | 0.00% | 0.00x | $1.86 |
| Baker Hughes Co (BKR) | $18.27 Billion | -54.42% | 1.08x | $56.68 Billion |
| Kbridge Energy Corp (BMMCF) | $-176.86K | 0.00% | 0.00x | $880.54 |
| Bri-Chem Corp (BRYFF) | $47.17 Million | -17.76% | 1.79x | $4.32 Million |