Bang & Olufsen (BO) - Net Assets

Latest as of November 2025: Dkr1.03 Billion DKK ≈ $160.53 Million USD

Based on the latest financial reports, Bang & Olufsen (BO) has net assets worth Dkr1.03 Billion DKK (≈ $160.53 Million USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr2.29 Billion ≈ $358.91 Million USD) and total liabilities (Dkr1.27 Billion ≈ $198.39 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 Bang & Olufsen tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Dkr1.03 Billion
% of Total Assets	44.73%
Annual Growth Rate	0.59%
5-Year Change	0.97%
10-Year Change	-33.68%
Growth Volatility	14.54

Bang & Olufsen - Net Assets Trend (1999–2025)

This chart illustrates how Bang & Olufsen's net assets have evolved over time, based on quarterly financial data. See Bang & Olufsen defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Bang & Olufsen (1999–2025)

The table below shows the annual net assets of Bang & Olufsen from 1999 to 2025. For live valuation and market cap data, see market value of Bang & Olufsen.

Year	Net Assets	Change
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 52.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (May 2025)

Component	Amount	Percentage
Retained Earnings	Dkr402.00 Million	35.14%
Common Stock	Dkr737.00 Million	64.42%
Other Components	Dkr5.00 Million	0.44%
Total Equity	Dkr1.14 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
J.Jill Inc NYSE:JILL	$196.76 Million
ICLICK INT.ASIA ADR/5 A F:I9C	$196.76 Million
Studsvik AB ST:SVIK	$196.79 Million
MAKUS Inc KQ:093520	$196.83 Million
Hua Na Hydropower JSC VN:HNA	$196.62 Million
KNJ Co. Ltd KQ:272110	$196.62 Million
Bonny Worldwide Ltd TW:8467	$196.60 Million
Lubelski Wegiel Bogdanka S.A. WAR:LWB	$196.58 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 2024 to 2025, total equity changed from 956,000,000 to 1,144,000,000, a change of 188,000,000 (19.7%).
Net loss of 29,000,000 reduced equity.
Share repurchases of 20,000,000 reduced equity.
New share issuances of 217,000,000 increased equity.
Other comprehensive income decreased equity by 14,000,000.
Other factors increased equity by 34,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Dkr-29.00 Million	-2.53%
Share Repurchases	Dkr20.00 Million	-1.75%
Share Issuances	Dkr217.00 Million	+18.97%
Other Comprehensive Income	Dkr-14.00 Million	-1.22%
Other Changes	Dkr34.00 Million	+2.97%
Total Change	Dkr-	19.67%

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: 1.14x
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 0.55x to 1.14x 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	Dkr8.84	x
2000-05-31	Dkr17.30	Dkr8.84	x
2001-05-31	Dkr18.75	Dkr8.84	x
2002-05-31	Dkr21.76	Dkr8.84	x
2003-05-31	Dkr27.08	Dkr8.84	x
2004-05-31	Dkr29.56	Dkr8.84	x
2005-05-31	Dkr30.99	Dkr8.84	x
2006-05-31	Dkr31.94	Dkr8.84	x
2007-05-31	Dkr31.37	Dkr8.84	x
2008-05-31	Dkr27.84	Dkr8.84	x
2009-05-31	Dkr27.55	Dkr8.84	x
2010-05-31	Dkr18.45	Dkr8.84	x
2011-05-31	Dkr18.95	Dkr8.84	x
2012-05-31	Dkr19.99	Dkr8.84	x
2013-05-31	Dkr19.68	Dkr8.84	x
2014-05-31	Dkr18.26	Dkr8.84	x
2015-05-31	Dkr19.98	Dkr8.84	x
2016-05-31	Dkr17.81	Dkr8.84	x
2017-05-31	Dkr16.38	Dkr8.84	x
2018-05-31	Dkr17.55	Dkr8.84	x
2019-05-31	Dkr15.48	Dkr8.84	x
2020-05-31	Dkr9.09	Dkr8.84	x
2021-05-31	Dkr9.23	Dkr8.84	x
2022-05-31	Dkr9.20	Dkr8.84	x
2023-05-31	Dkr8.00	Dkr8.84	x
2024-05-31	Dkr7.79	Dkr8.84	x
2025-05-31	Dkr7.77	Dkr8.84	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): -2.53%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -1.14%
• Asset Turnover: 1.09x
• Equity Multiplier: 2.05x
Recent ROE (-2.53%) is below the historical average (0.79%), 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

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)	Dkr1.03 Billion	19.41%	1.24x	$196.63 Million
Dantax (DANT)	$32.16 Million	0.00%	1.26x	$13.94 Million

About Bang & Olufsen

CO:BO Denmark Consumer Electronics

Market Cap

$196.63 Million

Dkr1.26 Billion DKK

Market Cap Rank

#16708 Global

#69 in Denmark

Share Price

Dkr8.84

Change (1 day)

-0.45%

52-Week Range

Dkr8.50 - Dkr15.50

All Time High

Dkr83.97