Erria A/S (ERRIA) - Net Assets
Based on the latest financial reports, Erria A/S (ERRIA) has net assets worth Dkr13.34 Million DKK (≈ $2.09 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr82.11 Million ≈ $12.85 Million USD) and total liabilities (Dkr68.77 Million ≈ $10.76 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 strategic asset allocation of Erria A/S to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Dkr13.34 Million |
| % of Total Assets | 16.25% |
| Annual Growth Rate | -2.92% |
| 5-Year Change | N/A |
| 10-Year Change | -13.11% |
| Growth Volatility | 12805.25 |
Erria A/S - Net Assets Trend (2002–2024)
This chart illustrates how Erria A/S's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see ERRIA market cap.
Annual Net Assets for Erria A/S (2002–2024)
The table below shows the annual net assets of Erria A/S from 2002 to 2024. Also explore ERRIA year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr15.49 Million ≈ $2.42 Million |
+98.01% |
| 2023-12-31 | Dkr7.82 Million ≈ $1.22 Million |
+102.93% |
| 2022-12-31 | Dkr3.85 Million ≈ $603.14K |
+132.81% |
| 2021-12-31 | Dkr-11.75 Million ≈ $-1.84 Million |
+12.49% |
| 2020-12-31 | Dkr-13.42 Million ≈ $-2.10 Million |
-8.30% |
| 2019-12-31 | Dkr-12.39 Million ≈ $-1.94 Million |
+12.24% |
| 2018-12-31 | Dkr-14.12 Million ≈ $-2.21 Million |
-54419.23% |
| 2017-12-31 | Dkr26.00K ≈ $4.07K |
-99.57% |
| 2016-12-31 | Dkr6.03 Million ≈ $943.59K |
-66.17% |
| 2015-12-31 | Dkr17.83 Million ≈ $2.79 Million |
+7.00% |
| 2014-12-31 | Dkr16.66 Million ≈ $2.61 Million |
+142.69% |
| 2013-12-31 | Dkr6.87 Million ≈ $1.07 Million |
+50.58% |
| 2012-12-31 | Dkr4.56 Million ≈ $713.29K |
+102.03% |
| 2011-12-31 | Dkr-224.87 Million ≈ $-35.18 Million |
-453.69% |
| 2010-12-31 | Dkr63.58 Million ≈ $9.95 Million |
-48.61% |
| 2009-12-31 | Dkr123.73 Million ≈ $19.36 Million |
-56.93% |
| 2008-12-31 | Dkr287.27 Million ≈ $44.95 Million |
-4.38% |
| 2007-12-31 | Dkr300.41 Million ≈ $47.00 Million |
+71.60% |
| 2006-12-31 | Dkr175.06 Million ≈ $27.39 Million |
+91.73% |
| 2005-12-31 | Dkr91.31 Million ≈ $14.29 Million |
-7.23% |
| 2004-12-31 | Dkr98.42 Million ≈ $15.40 Million |
+131.61% |
| 2003-12-31 | Dkr42.49 Million ≈ $6.65 Million |
+42.85% |
| 2002-12-31 | Dkr29.75 Million ≈ $4.65 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Erria A/S'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 55.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr4.82 Million | 31.09% |
| Common Stock | Dkr11.35 Million | 73.27% |
| Other Comprehensive Income | Dkr-676.00K | -4.36% |
| Total Equity | Dkr15.49 Million | 100.00% |
Erria A/S Competitors by Market Cap
The table below lists competitors of Erria A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Adavale Resources Ltd
AU:ADD
|
$9.32 Million |
|
Akkhie Prakarn Public Company Limited
BK:AKP
|
$9.32 Million |
|
Praxis Home Retail Limited
NSE:PRAXIS
|
$9.32 Million |
|
Nvni Group Limited Ordinary Shares
NASDAQ:NVNI
|
$9.33 Million |
|
Nacon S.A.
PA:NACON
|
$9.30 Million |
|
Myseum, Inc.
NASDAQ:MYSE
|
$9.30 Million |
|
Euro Manganese Inc
V:EMN
|
$9.30 Million |
|
Jwwinvest
WAR:JWW
|
$9.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Erria A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,823,000 to 15,490,000, a change of 7,667,000 (98.0%).
- Net income of 7,160,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 507,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr7.16 Million | +46.22% |
| Other Comprehensive Income | Dkr507.00K | +3.27% |
| Total Change | Dkr- | 98.01% |
Book Value vs Market Value Analysis
This analysis compares Erria A/S'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: 3.55x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.20x to 3.55x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Dkr23.69 | Dkr4.84 | x |
| 2003-12-31 | Dkr28.63 | Dkr4.84 | x |
| 2004-12-31 | Dkr31.16 | Dkr4.84 | x |
| 2005-12-31 | Dkr66.49 | Dkr4.84 | x |
| 2006-12-31 | Dkr74.37 | Dkr4.84 | x |
| 2007-12-31 | Dkr101.05 | Dkr4.84 | x |
| 2008-12-31 | Dkr65.37 | Dkr4.84 | x |
| 2009-12-31 | Dkr27.49 | Dkr4.84 | x |
| 2010-12-31 | Dkr15.48 | Dkr4.84 | x |
| 2011-12-31 | Dkr-48.11 | Dkr4.84 | x |
| 2012-12-31 | Dkr0.58 | Dkr4.84 | x |
| 2013-12-31 | Dkr0.89 | Dkr4.84 | x |
| 2014-12-31 | Dkr2.23 | Dkr4.84 | x |
| 2015-12-31 | Dkr2.19 | Dkr4.84 | x |
| 2016-12-31 | Dkr0.77 | Dkr4.84 | x |
| 2017-12-31 | Dkr0.00 | Dkr4.84 | x |
| 2018-12-31 | Dkr-1.63 | Dkr4.84 | x |
| 2019-12-31 | Dkr-1.34 | Dkr4.84 | x |
| 2020-12-31 | Dkr-1.45 | Dkr4.84 | x |
| 2021-12-31 | Dkr-1.27 | Dkr4.84 | x |
| 2022-12-31 | Dkr0.35 | Dkr4.84 | x |
| 2023-12-31 | Dkr0.69 | Dkr4.84 | x |
| 2024-12-31 | Dkr1.36 | Dkr4.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Erria A/S 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): 46.22%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.73%
- • Asset Turnover: 2.65x
- • Equity Multiplier: 4.66x
- Recent ROE (46.22%) is below the historical average (155.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 6.79% | 4.66% | 0.39x | 3.78x | Dkr-885.90K |
| 2003 | 3.74% | 2.64% | 0.43x | 3.28x | Dkr-2.09 Million |
| 2004 | 9.72% | 4.41% | 0.31x | 7.22x | Dkr-101.40K |
| 2005 | 10.91% | 19.98% | 0.25x | 2.14x | Dkr773.40K |
| 2006 | 6.21% | 13.29% | 0.27x | 1.73x | Dkr-6.64 Million |
| 2007 | 5.17% | 20.54% | 0.10x | 2.44x | Dkr-14.14 Million |
| 2008 | -12.33% | -41.31% | 0.13x | 2.24x | Dkr-60.18 Million |
| 2009 | -133.02% | -234.30% | 0.13x | 4.48x | Dkr-168.18 Million |
| 2010 | -95.21% | -77.70% | 0.15x | 8.18x | Dkr-65.62 Million |
| 2011 | 0.00% | -590.91% | 0.17x | 0.00x | Dkr-293.50 Million |
| 2012 | 4569.79% | 417.25% | 0.81x | 13.56x | Dkr206.47 Million |
| 2013 | 51.41% | 4.57% | 1.36x | 8.25x | Dkr2.91 Million |
| 2014 | 45.01% | 8.06% | 1.26x | 4.45x | Dkr6.13 Million |
| 2015 | -4.23% | -0.86% | 1.08x | 4.54x | Dkr-2.45 Million |
| 2016 | -171.06% | -14.43% | 1.32x | 8.99x | Dkr-10.90 Million |
| 2017 | -1069.23% | -0.27% | 3.76x | 1037.88x | Dkr-280.60K |
| 2018 | 0.00% | -23.03% | 3.72x | 0.00x | Dkr-17.86 Million |
| 2019 | 0.00% | -2.32% | 3.06x | 0.00x | Dkr-115.50K |
| 2020 | 0.00% | -1.25% | 3.27x | 0.00x | Dkr651.40K |
| 2021 | 0.00% | 1.70% | 2.22x | 0.00x | Dkr2.18 Million |
| 2022 | 242.39% | 5.92% | 2.28x | 17.93x | Dkr8.96 Million |
| 2023 | 54.33% | 2.11% | 2.98x | 8.64x | Dkr3.47 Million |
| 2024 | 46.22% | 3.73% | 2.65x | 4.66x | Dkr5.61 Million |
Industry Comparison
This section compares Erria A/S's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $22,241,489,970
- Average return on equity (ROE) among peers: 5.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Erria A/S (ERRIA) | Dkr13.34 Million | 6.79% | 5.15x | $9.30 Million |
| DFDS A/S (DFDS) | $6.96 Billion | 10.55% | 0.84x | $1.30 Billion |
| Dampskibsselskabet Norden AS (DNORD) | $801.41 Million | -5.69% | 0.62x | $1.65 Billion |
| A.P. Møller - Mærsk A/S (MAERSK-A) | $34.42 Billion | 14.62% | 0.94x | $31.76 Billion |
| A.P. Møller - Mærsk A/S (MAERSK-B) | $56.70 Billion | 4.81% | 0.56x | $17.37 Billion |
| Svitzer Group A/S (SVITZR) | $12.32 Billion | 4.85% | 0.17x | $1.36 Billion |
About Erria A/S
Erria A/S engages in the shipping, offshore operations, logistics, and trading activities worldwide. The company provides ship management services, including operational management, fleet management, crew management, technical management, and safety and compliance. It also offers offshore services that comprise marine warranty survey services, such as recruitment and provision of skilled personne… Read more