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Beerenberg AS (OSL:BBERG) ROE % : -1.21% (As of Dec. 2023)


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What is Beerenberg AS ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Beerenberg AS's annualized net income for the quarter that ended in Dec. 2023 was kr-8 Mil. Beerenberg AS's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was kr702 Mil. Therefore, Beerenberg AS's annualized ROE % for the quarter that ended in Dec. 2023 was -1.21%.

The historical rank and industry rank for Beerenberg AS's ROE % or its related term are showing as below:

OSL:BBERG' s ROE % Range Over the Past 10 Years
Min: 2.47   Med: 6.63   Max: 11.19
Current: 2.59

During the past 4 years, Beerenberg AS's highest ROE % was 11.19%. The lowest was 2.47%. And the median was 6.63%.

OSL:BBERG's ROE % is ranked worse than
61.61% of 1016 companies
in the Oil & Gas industry
Industry Median: 6.85 vs OSL:BBERG: 2.59

Beerenberg AS ROE % Historical Data

The historical data trend for Beerenberg AS's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Beerenberg AS ROE % Chart

Beerenberg AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROE %
9.69 11.19 3.56 2.47

Beerenberg AS Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
ROE % Get a 7-Day Free Trial - 4.21 2.93 7.33 -1.21

Competitive Comparison of Beerenberg AS's ROE %

For the Oil & Gas Equipment & Services subindustry, Beerenberg AS's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Beerenberg AS's ROE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Beerenberg AS's ROE % distribution charts can be found below:

* The bar in red indicates where Beerenberg AS's ROE % falls into.



Beerenberg AS ROE % Calculation

Beerenberg AS's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=17.055/( (569.333+811.484)/ 2 )
=17.055/690.4085
=2.47 %

Beerenberg AS's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-8.49/( (592.9+811.484)/ 2 )
=-8.49/702.192
=-1.21 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Beerenberg AS  (OSL:BBERG) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-8.49/702.192
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8.49 / 2386.086)*(2386.086 / 1816.887)*(1816.887 / 702.192)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.36 %*1.3133*2.5875
=ROA %*Equity Multiplier
=-0.47 %*2.5875
=-1.21 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-8.49/702.192
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-8.49 / 9.086) * (9.086 / 114.944) * (114.944 / 2386.086) * (2386.086 / 1816.887) * (1816.887 / 702.192)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.9344 * 0.079 * 4.82 % * 1.3133 * 2.5875
=-1.21 %

Note: The net income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Beerenberg AS ROE % Related Terms

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Beerenberg AS (OSL:BBERG) Business Description

Traded in Other Exchanges
Address
Kokstaddalen 33, P.O.Box 273, Slåtthaug, Bergen, NOR, N-5851
Beerenberg AS is a company engaged in contract work, production, industrial maintenance, trading, agency and commission work, and to take interests in other enterprises engaged in similar activities. Its Business activities include innovative service solutions for the oil and gas industry, covering the entire life cycle from field studies and newbuilds to maintenance, modifications, and lifetime extensions. The business area Services include Beerenberg´s core ISS disciplines Insulation, Scaffolding and Surface treatment, as well as passive fire protection, technical cleaning, rope access techniques, robotic surface treatment, architectural outfitting services.

Beerenberg AS (OSL:BBERG) Headlines

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