Ennogie Solar Group A/S
Ennogie Solar Group A/S develops, manufactures, and sells building-integrated solar roofs in Denmark, Germany, and internationally. It also engages in battery solutions and installation business. Ennogie Solar Group A/S was founded in 1951 and is headquartered in Herning, Denmark.
Ennogie Solar Group A/S (ESG) - Net Assets
Latest net assets as of September 2025: Dkr4.02 Million DKK
Based on the latest financial reports, Ennogie Solar Group A/S (ESG) has net assets worth Dkr4.02 Million DKK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr54.33 Million) and total liabilities (Dkr50.31 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 | Dkr4.02 Million |
| % of Total Assets | 7.41% |
| Annual Growth Rate | -16.79% |
| 5-Year Change | -44.58% |
| 10-Year Change | -95.81% |
| Growth Volatility | 49.3 |
Ennogie Solar Group A/S - Net Assets Trend (2008–2024)
This chart illustrates how Ennogie Solar Group A/S's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ennogie Solar Group A/S (2008–2024)
The table below shows the annual net assets of Ennogie Solar Group A/S from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr15.16 Million | -47.83% |
| 2023-12-31 | Dkr29.06 Million | +143.72% |
| 2022-12-31 | Dkr11.93 Million | -20.51% |
| 2021-12-31 | Dkr15.00 Million | -45.17% |
| 2020-12-31 | Dkr27.36 Million | -27.67% |
| 2019-12-31 | Dkr37.83 Million | -49.78% |
| 2018-12-31 | Dkr75.32 Million | -75.83% |
| 2017-12-31 | Dkr311.62 Million | -2.87% |
| 2016-12-31 | Dkr320.81 Million | -11.26% |
| 2015-12-31 | Dkr361.53 Million | +42.29% |
| 2014-12-31 | Dkr254.09 Million | -19.99% |
| 2013-12-31 | Dkr317.58 Million | +11.60% |
| 2012-12-31 | Dkr284.58 Million | +2.83% |
| 2011-12-31 | Dkr276.76 Million | -33.57% |
| 2010-12-31 | Dkr416.59 Million | +5.69% |
| 2009-12-31 | Dkr394.16 Million | +37.27% |
| 2008-12-31 | Dkr287.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ennogie Solar Group 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 109.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Dkr31.36 Million | 206.83% |
| Other Comprehensive Income | Dkr-30.00K | -0.20% |
| Total Equity | Dkr15.16 Million | 100.00% |
Ennogie Solar Group A/S Competitors by Market Cap
The table below lists competitors of Ennogie Solar Group A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nortech Systems Incorporated
NASDAQ:NSYS
|
$8.99 Million |
|
SPENN Technology A/S
PINK:SPNNF
|
$8.99 Million |
|
Soltec Power Holdings S.A
MC:SOL
|
$9.00 Million |
|
Suratwwala Business Group Limited
NSE:SBGLP
|
$9.00 Million |
|
Loyal Lithium Ltd.
AU:LLI
|
$8.99 Million |
|
Power Minerals Ltd
AU:PNN
|
$8.99 Million |
|
iFabric Corp
OTCQX:IFABF
|
$8.98 Million |
|
Ka Shui International Holdings Limited
F:MI8
|
$8.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ennogie Solar Group A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 29,064,000 to 15,162,000, a change of -13,902,000 (-47.8%).
- Net loss of 13,889,000 reduced equity.
- Other comprehensive income decreased equity by 16,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr-13.89 Million | -91.6% |
| Other Comprehensive Income | Dkr-16.00K | -0.11% |
| Other Changes | Dkr3.00K | +0.02% |
| Total Change | Dkr- | -47.83% |
Book Value vs Market Value Analysis
This analysis compares Ennogie Solar Group 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: 8.06x
- 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 0.07x to 8.06x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Dkr54.91 | Dkr3.90 | x |
| 2009-12-31 | Dkr78.58 | Dkr3.90 | x |
| 2010-12-31 | Dkr81.07 | Dkr3.90 | x |
| 2011-12-31 | Dkr57.12 | Dkr3.90 | x |
| 2012-12-31 | Dkr61.41 | Dkr3.90 | x |
| 2013-12-31 | Dkr73.94 | Dkr3.90 | x |
| 2014-12-31 | Dkr57.84 | Dkr3.90 | x |
| 2015-12-31 | Dkr87.79 | Dkr3.90 | x |
| 2016-12-31 | Dkr80.67 | Dkr3.90 | x |
| 2017-12-31 | Dkr81.81 | Dkr3.90 | x |
| 2018-12-31 | Dkr19.96 | Dkr3.90 | x |
| 2019-12-31 | Dkr10.11 | Dkr3.90 | x |
| 2020-12-31 | Dkr7.32 | Dkr3.90 | x |
| 2021-12-31 | Dkr2.67 | Dkr3.90 | x |
| 2022-12-31 | Dkr0.44 | Dkr3.90 | x |
| 2023-12-31 | Dkr1.03 | Dkr3.90 | x |
| 2024-12-31 | Dkr0.48 | Dkr3.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ennogie Solar Group 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): -91.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -30.07%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 3.47x
- Recent ROE (-91.60%) is below the historical average (-27.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -75.89% | 0.00% | -0.81x | 1.08x | Dkr-246.61 Million |
| 2009 | 32.91% | 86.44% | 0.31x | 1.21x | Dkr90.29 Million |
| 2010 | 7.03% | 84.31% | 0.07x | 1.25x | Dkr-12.02 Million |
| 2011 | -35.47% | 0.00% | -0.27x | 1.13x | Dkr-125.84 Million |
| 2012 | 11.34% | 80.60% | 0.13x | 1.10x | Dkr3.82 Million |
| 2013 | 20.18% | 85.74% | 0.19x | 1.27x | Dkr32.32 Million |
| 2014 | -17.16% | 0.00% | -0.08x | 1.20x | Dkr-69.00 Million |
| 2015 | 33.14% | 94.50% | 0.31x | 1.14x | Dkr83.64 Million |
| 2016 | 7.34% | 81.93% | 0.08x | 1.11x | Dkr-8.55 Million |
| 2017 | 4.20% | 182.98% | 0.02x | 1.10x | Dkr-18.08 Million |
| 2018 | -48.78% | -241.06% | 0.09x | 2.15x | Dkr-44.27 Million |
| 2019 | -0.72% | -0.28% | 2.53x | 1.01x | Dkr-4.05 Million |
| 2020 | -1.42% | -28.81% | 0.05x | 1.02x | Dkr-3.12 Million |
| 2021 | -191.11% | -938.70% | 0.08x | 2.65x | Dkr-30.17 Million |
| 2022 | -98.16% | -19.15% | 1.07x | 4.80x | Dkr-12.90 Million |
| 2023 | -27.43% | -8.07% | 1.35x | 2.52x | Dkr-10.88 Million |
| 2024 | -91.60% | -30.07% | 0.88x | 3.47x | Dkr-15.41 Million |
Industry Comparison
This section compares Ennogie Solar Group A/S's net assets metrics with peer companies in the Solar industry.
No peer company data available for comparison.