Akritas S.A
Akritas S.A. produces, markets, and sells wood products in Greece and internationally. The company offers particleboard products under the AKRIPAN name for wood veneer, melamine, laminate, and PVC coating applications; chipboards, worktops, and surfaces under the AKRITAS name; doors under the POLYTHETA name; and handmade wooden surfaces. It also provides Evropanel, a lightweight material for use … Read more
Akritas S.A (AKRIT) - Net Assets
Latest net assets as of December 2022: €-3.80 Million EUR
Based on the latest financial reports, Akritas S.A (AKRIT) has net assets worth €-3.80 Million EUR as of December 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€52.19 Million) and total liabilities (€55.99 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 | €-3.80 Million |
| % of Total Assets | -7.28% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 513.48 |
Akritas S.A - Net Assets Trend (2014–2022)
This chart illustrates how Akritas S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Akritas S.A (2014–2022)
The table below shows the annual net assets of Akritas S.A from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €-3.80 Million | +15.94% |
| 2021-12-31 | €-4.52 Million | -8.98% |
| 2020-12-31 | €-4.15 Million | +54.66% |
| 2018-12-31 | €-9.15 Million | +21.08% |
| 2017-12-31 | €-11.60 Million | -81.01% |
| 2016-12-31 | €-6.41 Million | -1121.38% |
| 2015-12-31 | €627.25K | -94.43% |
| 2014-12-31 | €11.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Akritas S.A'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 3276815200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €33.39 Million | % |
| Other Components | €31.35 Million | % |
| Total Equity | €-3.80 Million | 100.00% |
Akritas S.A Competitors by Market Cap
The table below lists competitors of Akritas S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Software Circle plc
LSE:SFT
|
$10.58K |
|
Severfield PLC
LSE:SFR
|
$10.60K |
|
BluEnergies Ltd.
V:BLU
|
$10.61K |
|
Country-Wide Insurance Company
PINK:CWID
|
$10.62K |
|
Sinolink Railway Constr
SHG:508008
|
$10.56K |
|
BORYSZEW (BOW.SG)
STU:BOW
|
$10.55K |
|
FIRST TRACTOR -H-
MU:FTP
|
$10.55K |
|
Test Security J1
PINK:TESTJ
|
$10.55K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Akritas S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -4,522,470 to -3,801,720, a change of 720,750.
- Net income of 720,750 contributed positively to equity growth.
- Other factors decreased equity by 0.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €720.75K | +18.96% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares Akritas S.A'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | €-0.32 | €1.08 | x |
| 2021-12-31 | €-0.35 | €1.08 | x |
| 2022-12-31 | €-0.29 | €1.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Akritas S.A 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.66%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-225.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -112.61% | -50.07% | 0.33x | 6.79x | €-13.80 Million |
| 2015 | -1688.00% | -51.78% | 0.30x | 108.05x | €-10.65 Million |
| 2016 | 0.00% | -27.16% | 0.38x | 0.00x | €-6.39 Million |
| 2017 | 0.00% | -16.92% | 0.48x | 0.00x | €-4.01 Million |
| 2018 | 0.00% | -18.67% | 0.47x | 0.00x | €-4.51 Million |
| 2020 | 0.00% | -8.97% | 0.39x | 0.00x | €-1.73 Million |
| 2021 | 0.00% | -1.01% | 0.72x | 0.00x | €79.47K |
| 2022 | 0.00% | 1.66% | 0.83x | 0.00x | €1.10 Million |
Industry Comparison
This section compares Akritas S.A's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $9,650,540
- Average return on equity (ROE) among peers: -1.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Akritas S.A (AKRIT) | €-3.80 Million | -112.61% | N/A | $10.57K |
| Interwood-Xylemporia A.T.E.N.E. (XYLEK) | $9.65 Million | -1.35% | 3.82x | $9.77 Million |