Aker BP ASA
Aker BP ASA explores for, develops, and produces oil and gas on the Norwegian Continental Shelf. The company was formerly known as Det norske oljeselskap ASA and changed its name to Aker BP ASA in October 2016. Aker BP ASA was founded in 2001 and is based in Lysaker, Norway.
Aker BP ASA (AKRBF) - Net Assets
Latest net assets as of June 2025: $11.85 Billion USD
Based on the latest financial reports, Aker BP ASA (AKRBF) has net assets worth $11.85 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 ($42.88 Billion) and total liabilities ($31.03 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 | $11.85 Billion |
| % of Total Assets | 27.64% |
| Annual Growth Rate | 39.89% |
| 5-Year Change | 538.62% |
| 10-Year Change | N/A |
| Growth Volatility | 172.21 |
Aker BP ASA - Net Assets Trend (2019–2024)
This chart illustrates how Aker BP 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 Aker BP ASA (2019–2024)
The table below shows the annual net assets of Aker BP ASA from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $12.69 Billion | +2.66% |
| 2023-12-31 | $12.36 Billion | -0.53% |
| 2022-12-31 | $12.43 Billion | +430.66% |
| 2021-12-31 | $2.34 Billion | +17.84% |
| 2020-12-31 | $1.99 Billion | -16.06% |
| 2019-12-31 | $2.37 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aker BP 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 69157400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $13.78 Billion | 108.61% |
| Total Equity | $12.69 Billion | 100.00% |
Aker BP ASA Competitors by Market Cap
The table below lists competitors of Aker BP ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BYD CO.LTD SDR/0,10 O.N.
F:4BY1
|
$6.30 Billion |
|
Merus BV
NASDAQ:MRUS
|
$6.30 Billion |
|
Argan Inc
NYSE:AGX
|
$6.30 Billion |
|
Compeq Manufacturing Co Ltd
TW:2313
|
$6.31 Billion |
|
ViaSat Inc
NASDAQ:VSAT
|
$6.29 Billion |
|
Summit Materials Inc
NYSE:SUM
|
$6.29 Billion |
|
APA Group
PINK:APAJF
|
$6.28 Billion |
|
Repligen Corporation
NASDAQ:RGEN
|
$6.28 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aker BP ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,362,200,000 to 12,691,100,000, a change of 328,900,000 (2.7%).
- Net income of 1,827,700,000 contributed positively to equity growth.
- Dividend payments of 1,516,900,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.83 Billion | +14.4% |
| Dividends Paid | $1.52 Billion | -11.95% |
| Other Changes | $18.10 Million | +0.14% |
| Total Change | $- | 2.66% |
Book Value vs Market Value Analysis
This analysis compares Aker BP 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: 1.04x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.19x to 1.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $6.57 | $20.96 | x |
| 2020-12-31 | $5.52 | $20.96 | x |
| 2021-12-31 | $6.51 | $20.96 | x |
| 2022-12-31 | $19.67 | $20.96 | x |
| 2023-12-31 | $19.58 | $20.96 | x |
| 2024-12-31 | $20.11 | $20.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aker BP 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): 14.40%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.93%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 3.32x
- Recent ROE (14.40%) is above the historical average (13.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 5.96% | 4.22% | 0.27x | 5.16x | $-95.71 Million |
| 2020 | 2.25% | 1.56% | 0.23x | 6.25x | $-154.01 Million |
| 2021 | 36.33% | 15.08% | 0.39x | 6.18x | $616.51 Million |
| 2022 | 12.90% | 12.43% | 0.34x | 3.02x | $360.19 Million |
| 2023 | 10.80% | 9.84% | 0.35x | 3.16x | $99.48 Million |
| 2024 | 14.40% | 14.93% | 0.29x | 3.32x | $558.59 Million |
Industry Comparison
This section compares Aker BP ASA's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $536,315,405
- Average return on equity (ROE) among peers: -3.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aker BP ASA (AKRBF) | $11.85 Billion | 5.96% | 2.62x | $6.29 Billion |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |