Bang & Olufsen (BO) - Net Assets
Based on the latest financial reports, Bang & Olufsen (BO) has net assets worth Dkr1.01 Billion DKK (≈ $157.40 Million USD) as of May 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr2.22 Billion ≈ $347.65 Million USD) and total liabilities (Dkr1.22 Billion ≈ $190.25 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 BO PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Dkr1.01 Billion |
| % of Total Assets | 45.27% |
| Annual Growth Rate | 0.09% |
| 5-Year Change | -8.55% |
| 10-Year Change | -36.57% |
| Growth Volatility | 14.5 |
Bang & Olufsen - Net Assets Trend (1999–2026)
This chart illustrates how Bang & Olufsen's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see BO stock market capitalisation.
Annual Net Assets for Bang & Olufsen (1999–2026)
The table below shows the annual net assets of Bang & Olufsen from 1999 to 2026. Also explore BO net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-05-31 | Dkr1.01 Billion ≈ $157.40 Million |
-12.06% |
| 2025-05-31 | Dkr1.14 Billion ≈ $178.99 Million |
+19.67% |
| 2024-05-31 | Dkr956.00 Million ≈ $149.57 Million |
-0.21% |
| 2023-05-31 | Dkr958.00 Million ≈ $149.89 Million |
-12.91% |
| 2022-05-31 | Dkr1.10 Billion ≈ $172.10 Million |
-2.91% |
| 2021-05-31 | Dkr1.13 Billion ≈ $177.27 Million |
+36.18% |
| 2020-05-31 | Dkr832.00 Million ≈ $130.17 Million |
-41.37% |
| 2019-05-31 | Dkr1.42 Billion ≈ $222.01 Million |
-16.99% |
| 2018-05-31 | Dkr1.71 Billion ≈ $267.46 Million |
+7.78% |
| 2017-05-31 | Dkr1.59 Billion ≈ $248.16 Million |
-8.05% |
| 2016-05-31 | Dkr1.72 Billion ≈ $269.87 Million |
-10.23% |
| 2015-05-31 | Dkr1.92 Billion ≈ $300.62 Million |
+19.77% |
| 2014-05-31 | Dkr1.60 Billion ≈ $251.00 Million |
-2.21% |
| 2013-05-31 | Dkr1.64 Billion ≈ $256.68 Million |
+0.90% |
| 2012-05-31 | Dkr1.63 Billion ≈ $254.40 Million |
+5.70% |
| 2011-05-31 | Dkr1.54 Billion ≈ $240.68 Million |
+2.81% |
| 2010-05-31 | Dkr1.50 Billion ≈ $234.09 Million |
-1.57% |
| 2009-05-31 | Dkr1.52 Billion ≈ $237.83 Million |
+2.45% |
| 2008-05-31 | Dkr1.48 Billion ≈ $232.15 Million |
-11.78% |
| 2007-05-31 | Dkr1.68 Billion ≈ $263.15 Million |
-3.46% |
| 2006-05-31 | Dkr1.74 Billion ≈ $272.56 Million |
+1.60% |
| 2005-05-31 | Dkr1.71 Billion ≈ $268.26 Million |
+3.65% |
| 2004-05-31 | Dkr1.65 Billion ≈ $258.81 Million |
+6.61% |
| 2003-05-31 | Dkr1.55 Billion ≈ $242.77 Million |
+24.72% |
| 2002-05-31 | Dkr1.24 Billion ≈ $194.65 Million |
+8.35% |
| 2001-05-31 | Dkr1.15 Billion ≈ $179.64 Million |
+8.53% |
| 2000-05-31 | Dkr1.06 Billion ≈ $165.53 Million |
+7.88% |
| 1999-05-31 | Dkr980.70 Million ≈ $153.44 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Bang & Olufsen'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 68.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (May 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr264.00 Million | 26.24% |
| Common Stock | Dkr737.00 Million | 73.26% |
| Other Comprehensive Income | Dkr5.00 Million | 0.50% |
| Total Equity | Dkr1.01 Billion | 100.00% |
Bang & Olufsen Competitors by Market Cap
The table below lists competitors of Bang & Olufsen ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Smart Eye AB
ST:SEYE
|
$223.15 Million |
|
Smart Parking Ltd
AU:SPZ
|
$223.22 Million |
|
Dentium
KO:145720
|
$223.25 Million |
|
FutureFuel Corp
NYSE:FF
|
$223.27 Million |
|
Churchill Capital Corp X Class A Ordinary Shares
NASDAQ:CCCX
|
$223.09 Million |
|
Roche Bobois
PA:RBO
|
$223.05 Million |
|
Arman Financial Services Limited
NSE:ARMANFIN
|
$222.99 Million |
|
Arizon RFID Tech (Cayman) Co
TW:6863
|
$222.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bang & Olufsen's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,144,000,000 to 1,006,000,000, a change of -138,000,000 (-12.1%).
- Net loss of 107,000,000 reduced equity.
- Share repurchases of 50,000,000 reduced equity.
- Other factors increased equity by 19,000,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr-107.00 Million | -10.64% |
| Share Repurchases | Dkr50.00 Million | -4.97% |
| Other Changes | Dkr19.00 Million | +1.89% |
| Total Change | Dkr- | -12.06% |
Book Value vs Market Value Analysis
This analysis compares Bang & Olufsen'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: 1.42x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.62x to 1.42x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-05-31 | Dkr16.03 | Dkr10.00 | x |
| 2000-05-31 | Dkr17.30 | Dkr10.00 | x |
| 2001-05-31 | Dkr18.75 | Dkr10.00 | x |
| 2002-05-31 | Dkr21.76 | Dkr10.00 | x |
| 2003-05-31 | Dkr27.08 | Dkr10.00 | x |
| 2004-05-31 | Dkr29.56 | Dkr10.00 | x |
| 2005-05-31 | Dkr30.99 | Dkr10.00 | x |
| 2006-05-31 | Dkr31.94 | Dkr10.00 | x |
| 2007-05-31 | Dkr31.37 | Dkr10.00 | x |
| 2008-05-31 | Dkr27.84 | Dkr10.00 | x |
| 2009-05-31 | Dkr27.55 | Dkr10.00 | x |
| 2010-05-31 | Dkr18.45 | Dkr10.00 | x |
| 2011-05-31 | Dkr18.95 | Dkr10.00 | x |
| 2012-05-31 | Dkr19.99 | Dkr10.00 | x |
| 2013-05-31 | Dkr19.68 | Dkr10.00 | x |
| 2014-05-31 | Dkr18.26 | Dkr10.00 | x |
| 2015-05-31 | Dkr19.98 | Dkr10.00 | x |
| 2016-05-31 | Dkr17.81 | Dkr10.00 | x |
| 2017-05-31 | Dkr16.38 | Dkr10.00 | x |
| 2018-05-31 | Dkr17.55 | Dkr10.00 | x |
| 2019-05-31 | Dkr15.48 | Dkr10.00 | x |
| 2020-05-31 | Dkr9.09 | Dkr10.00 | x |
| 2021-05-31 | Dkr9.23 | Dkr10.00 | x |
| 2022-05-31 | Dkr9.20 | Dkr10.00 | x |
| 2023-05-31 | Dkr8.00 | Dkr10.00 | x |
| 2024-05-31 | Dkr7.79 | Dkr10.00 | x |
| 2025-05-31 | Dkr7.77 | Dkr10.00 | x |
| 2026-05-31 | Dkr7.05 | Dkr10.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bang & Olufsen 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): -10.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.33%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 2.21x
- Recent ROE (-10.64%) is below the historical average (0.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 19.41% | 5.63% | 1.78x | 1.93x | Dkr92.33 Million |
| 2000 | 23.01% | 6.54% | 1.74x | 2.03x | Dkr137.60 Million |
| 2001 | 13.38% | 4.03% | 1.66x | 2.01x | Dkr38.81 Million |
| 2002 | 11.94% | 3.53% | 1.77x | 1.91x | Dkr24.09 Million |
| 2003 | 12.24% | 4.78% | 1.54x | 1.66x | Dkr34.75 Million |
| 2004 | 16.01% | 7.31% | 1.32x | 1.66x | Dkr99.14 Million |
| 2005 | 15.48% | 7.08% | 1.34x | 1.63x | Dkr93.85 Million |
| 2006 | 16.92% | 6.96% | 1.45x | 1.68x | Dkr120.20 Million |
| 2007 | 21.92% | 8.40% | 1.48x | 1.77x | Dkr199.81 Million |
| 2008 | 7.11% | 2.56% | 1.45x | 1.91x | Dkr-42.47 Million |
| 2009 | -25.22% | -13.72% | 1.05x | 1.76x | Dkr-534.58 Million |
| 2010 | -2.20% | -1.19% | 1.04x | 1.77x | Dkr-182.37 Million |
| 2011 | 1.75% | 0.94% | 1.14x | 1.63x | Dkr-126.87 Million |
| 2012 | 4.51% | 2.44% | 1.04x | 1.78x | Dkr-89.30 Million |
| 2013 | -9.74% | -5.68% | 1.02x | 1.68x | Dkr-323.86 Million |
| 2014 | -1.81% | -1.01% | 0.99x | 1.80x | Dkr-189.43 Million |
| 2015 | 2.97% | 2.42% | 0.68x | 1.80x | Dkr-135.14 Million |
| 2016 | -12.04% | -7.89% | 0.93x | 1.64x | Dkr-380.19 Million |
| 2017 | -7.35% | -3.94% | 1.04x | 1.80x | Dkr-275.11 Million |
| 2018 | 4.74% | 2.47% | 1.12x | 1.71x | Dkr-89.95 Million |
| 2019 | 1.34% | 0.67% | 1.15x | 1.74x | Dkr-122.90 Million |
| 2020 | -69.23% | -28.29% | 1.15x | 2.13x | Dkr-659.20 Million |
| 2021 | -2.03% | -0.87% | 1.16x | 2.01x | Dkr-136.30 Million |
| 2022 | -2.73% | -1.02% | 1.17x | 2.29x | Dkr-140.00 Million |
| 2023 | -14.72% | -5.12% | 1.15x | 2.49x | Dkr-236.80 Million |
| 2024 | -1.78% | -0.66% | 1.13x | 2.40x | Dkr-112.60 Million |
| 2025 | -2.53% | -1.14% | 1.09x | 2.05x | Dkr-143.40 Million |
| 2026 | -10.64% | -4.33% | 1.11x | 2.21x | Dkr-207.60 Million |
Industry Comparison
This section compares Bang & Olufsen's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $32,159,000
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bang & Olufsen (BO) | Dkr1.01 Billion | 19.41% | 1.21x | $223.12 Million |
| Dantax (DANT) | $32.16 Million | 0.00% | 1.26x | $15.86 Million |
About Bang & Olufsen
Bang & Olufsen A/S designs, develops, markets, manufactures, and sells audio and video products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It offers speaker, headphones, televisions, soundbars, sound systems, control and application, toolbox, multiroom products, remotes and smart home products, and accessories, such as ear tips and ear cushions, cables, brackets and s… Read more