Meren Energy (MER) - Net Assets

Latest as of September 2025: Skr881.30 Million SEK ≈ $94.84 Million USD

Based on the latest financial reports, Meren Energy (MER) has net assets worth Skr881.30 Million SEK (≈ $94.84 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 (Skr2.13 Billion ≈ $229.06 Million USD) and total liabilities (Skr1.25 Billion ≈ $134.22 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 Meren Energy (MER) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Skr881.30 Million
% of Total Assets 41.4%
Annual Growth Rate N/A
5-Year Change -27.24%
10-Year Change -44.67%
Growth Volatility 628.87

Meren Energy - Net Assets Trend (2000–2024)

This chart illustrates how Meren Energy's net assets have evolved over time, based on quarterly financial data. Also explore Meren Energy asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Meren Energy (2000–2024)

The table below shows the annual net assets of Meren Energy from 2000 to 2024. For live valuation and market cap data, see Meren Energy market capitalisation.

Year Net Assets Change
2024-12-31 Skr548.80 Million
≈ $59.06 Million
-38.65%
2023-12-31 Skr894.60 Million
≈ $96.27 Million
+7.71%
2022-12-31 Skr830.60 Million
≈ $89.39 Million
-12.39%
2021-12-31 Skr948.06 Million
≈ $102.03 Million
+25.69%
2020-12-31 Skr754.29 Million
≈ $81.17 Million
-1.62%
2019-12-31 Skr766.70 Million
≈ $82.51 Million
-16.85%
2018-12-31 Skr922.08 Million
≈ $99.23 Million
-5.28%
2017-12-31 Skr973.45 Million
≈ $104.76 Million
-0.41%
2016-12-31 Skr977.44 Million
≈ $105.19 Million
-1.46%
2015-12-31 Skr991.88 Million
≈ $106.74 Million
+24.44%
2014-12-31 Skr797.05 Million
≈ $85.77 Million
-14.28%
2013-12-31 Skr929.85 Million
≈ $100.07 Million
+78.76%
2012-12-31 Skr520.15 Million
≈ $55.98 Million
+88.50%
2011-12-31 Skr275.95 Million
≈ $29.70 Million
+63.23%
2010-12-31 Skr169.05 Million
≈ $18.19 Million
+89.45%
2009-12-31 Skr89.23 Million
≈ $9.60 Million
+258.73%
2008-12-31 Skr24.87 Million
≈ $2.68 Million
+0.80%
2007-12-31 Skr24.68 Million
≈ $2.66 Million
+326.47%
2006-12-31 Skr5.79 Million
≈ $622.70K
+132.90%
2005-12-31 Skr2.48 Million
≈ $267.36K
+2963.19%
2004-12-31 Skr81.11K
≈ $8.73K
+1771.25%
2003-12-31 Skr-4.85K
≈ $-522.26
-111.39%
2002-12-31 Skr42.61K
≈ $4.59K
+111.08%
2001-12-31 Skr-384.53K
≈ $-41.38K
-30.44%
2000-12-31 Skr-294.80K
≈ $-31.73K
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Equity Component Analysis

This analysis shows how different components contribute to Meren Energy'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 72941785200.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock Skr1.20 Billion 217.89%
Other Components Skr87.00 Million 15.85%
Total Equity Skr548.80 Million 100.00%

Meren Energy Competitors by Market Cap

The table below lists competitors of Meren Energy ranked by their market capitalization.

Company Market Cap
Shinva Medical Instrument Co Ltd
SHG:600587
$1.22 Billion
Magellan Financial Group Ltd
AU:MFG
$1.22 Billion
Shanghai Prisemi Electronics Co Ltd
SHG:688230
$1.22 Billion
Advantage Oil & Gas Ltd.
TO:AAV
$1.22 Billion
Genusplus Group Ltd
AU:GNP
$1.22 Billion
Gemadept Corp
VN:GMD
$1.22 Billion
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
$1.22 Billion
Cimsa Cimento Sanayi ve Ticaret AS
IS:CIMSA
$1.22 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Meren Energy's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 894,600,000 to 548,800,000, a change of -345,800,000 (-38.7%).
  • Net loss of 279,100,000 reduced equity.
  • Dividend payments of 22,600,000 reduced retained earnings.
  • Share repurchases of 45,300,000 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Skr-279.10 Million -50.86%
Dividends Paid Skr22.60 Million -4.12%
Share Repurchases Skr45.30 Million -8.25%
Other Changes Skr1.20 Million +0.22%
Total Change Skr- -38.65%

Book Value vs Market Value Analysis

This analysis compares Meren Energy'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: 13.74x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-12-31 Skr-0.12 Skr16.78 x
2001-12-31 Skr-0.16 Skr16.78 x
2002-12-31 Skr0.01 Skr16.78 x
2003-12-31 Skr0.00 Skr16.78 x
2004-12-31 Skr0.02 Skr16.78 x
2005-12-31 Skr0.39 Skr16.78 x
2006-12-31 Skr0.45 Skr16.78 x
2007-12-31 Skr1.50 Skr16.78 x
2008-12-31 Skr1.41 Skr16.78 x
2009-12-31 Skr1.99 Skr16.78 x
2010-12-31 Skr1.99 Skr16.78 x
2011-12-31 Skr1.24 Skr16.78 x
2012-12-31 Skr2.14 Skr16.78 x
2013-12-31 Skr3.35 Skr16.78 x
2014-12-31 Skr2.56 Skr16.78 x
2015-12-31 Skr2.44 Skr16.78 x
2016-12-31 Skr2.14 Skr16.78 x
2017-12-31 Skr2.13 Skr16.78 x
2018-12-31 Skr1.97 Skr16.78 x
2019-12-31 Skr1.63 Skr16.78 x
2020-12-31 Skr1.60 Skr16.78 x
2021-12-31 Skr1.99 Skr16.78 x
2022-12-31 Skr1.74 Skr16.78 x
2023-12-31 Skr1.89 Skr16.78 x
2024-12-31 Skr1.22 Skr16.78 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Meren Energy 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): -50.86%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.00%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.12x
  • Recent ROE (-50.86%) is below the historical average (-12.58%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 0.00% 0.00% 0.00x 0.00x Skr-127.76K
2001 0.00% 0.00% 0.00x 0.00x Skr-68.31K
2002 -183.48% 0.00% 0.00x 7.45x Skr-82.44K
2003 0.00% 0.00% 0.00x 0.00x Skr-58.81K
2004 22.33% 0.00% 0.00x 1.43x Skr10.00K
2005 -18.19% 0.00% 0.00x 1.14x Skr-700.44K
2006 -13.53% 0.00% 0.00x 1.01x Skr-1.36 Million
2007 4.72% 0.00% 0.00x 1.01x Skr-1.30 Million
2008 -14.72% 0.00% 0.00x 1.42x Skr-6.15 Million
2009 -1.52% 0.00% 0.00x 1.06x Skr-10.28 Million
2010 -2.35% 0.00% 0.00x 1.05x Skr-20.88 Million
2011 -4.44% 0.00% 0.00x 1.27x Skr-34.61 Million
2012 -4.82% 0.00% 0.00x 1.18x Skr-70.05 Million
2013 -5.98% 0.00% 0.00x 1.12x Skr-140.77 Million
2014 -13.42% 0.00% 0.00x 1.19x Skr-186.64 Million
2015 -8.79% 0.00% 0.00x 1.11x Skr-186.38 Million
2016 -1.82% 0.00% 0.00x 1.03x Skr-115.51 Million
2017 -0.47% 0.00% 0.00x 1.03x Skr-101.88 Million
2018 -7.24% 0.00% 0.00x 1.03x Skr-158.92 Million
2019 -20.45% 0.00% 0.00x 1.06x Skr-233.44 Million
2020 -2.34% 0.00% 0.00x 1.21x Skr-93.04 Million
2021 20.11% 0.00% 0.00x 1.05x Skr95.89 Million
2022 -7.26% 0.00% 0.00x 1.10x Skr-143.36 Million
2023 0.01% 0.00% 0.00x 1.08x Skr-89.37 Million
2024 -50.86% 0.00% 0.00x 1.12x Skr-333.98 Million

Industry Comparison

This section compares Meren Energy'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: $98,557,429
  • Average return on equity (ROE) among peers: -26.64%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Meren Energy (MER) Skr881.30 Million 0.00% 1.42x $1.22 Billion
Maha Energy AB (publ) (MAHA-A) $98.56 Million -26.64% 0.17x $209.42 Million

About Meren Energy

ST:MER Sweden Oil & Gas E&P
Market Cap
$1.22 Billion
Skr11.34 Billion SEK
Market Cap Rank
#8262 Global
#127 in Sweden
Share Price
Skr16.78
Change (1 day)
-0.71%
52-Week Range
Skr11.48 - Skr254.00
All Time High
Skr254.00
About

Meren Energy Inc., together with its subsidiaries, operates as an oil and gas exploration and production company in Nigeria, Namibia, South Africa, and Equatorial Guinea. The company holds interests in producing and development assets in deep-water Nigeria. It also has a portfolio of development and exploration assets in the west and south of Africa. Meren Energy Inc. was formerly known as Africa… Read more