H+H International A/S (HH) - Net Assets
Based on the latest financial reports, H+H International A/S (HH) has net assets worth Dkr1.02 Billion DKK (≈ $159.74 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr2.99 Billion ≈ $468.28 Million USD) and total liabilities (Dkr1.97 Billion ≈ $308.53 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 HH cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Dkr1.02 Billion |
| % of Total Assets | 34.11% |
| Annual Growth Rate | 4.39% |
| 5-Year Change | 9.34% |
| 10-Year Change | 547.04% |
| Growth Volatility | 43.53 |
H+H International A/S - Net Assets Trend (2003–2024)
This chart illustrates how H+H International A/S's net assets have evolved over time, based on quarterly financial data. Also explore H+H International A/S assets under control for the complete picture of this company's asset base.
Annual Net Assets for H+H International A/S (2003–2024)
The table below shows the annual net assets of H+H International A/S from 2003 to 2024. For live valuation and market cap data, see market cap of H+H International A/S.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr1.65 Billion ≈ $258.15 Million |
-1.67% |
| 2023-12-31 | Dkr1.68 Billion ≈ $262.54 Million |
-13.42% |
| 2022-12-31 | Dkr1.94 Billion ≈ $303.21 Million |
+6.84% |
| 2021-12-31 | Dkr1.81 Billion ≈ $283.81 Million |
+20.21% |
| 2020-12-31 | Dkr1.51 Billion ≈ $236.09 Million |
+10.07% |
| 2019-12-31 | Dkr1.37 Billion ≈ $214.50 Million |
+37.10% |
| 2018-12-31 | Dkr1.00 Billion ≈ $156.46 Million |
+164.97% |
| 2017-12-31 | Dkr377.40 Million ≈ $59.05 Million |
+36.00% |
| 2016-12-31 | Dkr277.50 Million ≈ $43.42 Million |
+8.82% |
| 2015-12-31 | Dkr255.01 Million ≈ $39.90 Million |
+68.09% |
| 2014-12-31 | Dkr151.71 Million ≈ $23.74 Million |
-48.38% |
| 2013-12-31 | Dkr293.89 Million ≈ $45.98 Million |
-29.67% |
| 2012-12-31 | Dkr417.88 Million ≈ $65.38 Million |
-24.50% |
| 2011-12-31 | Dkr553.45 Million ≈ $86.59 Million |
-23.72% |
| 2010-12-31 | Dkr725.55 Million ≈ $113.52 Million |
-24.28% |
| 2009-12-31 | Dkr958.18 Million ≈ $149.91 Million |
+28.93% |
| 2008-12-31 | Dkr743.18 Million ≈ $116.28 Million |
-24.96% |
| 2007-12-31 | Dkr990.34 Million ≈ $154.95 Million |
+13.78% |
| 2006-12-31 | Dkr870.43 Million ≈ $136.19 Million |
+5.16% |
| 2005-12-31 | Dkr827.69 Million ≈ $129.50 Million |
+3.91% |
| 2004-12-31 | Dkr796.58 Million ≈ $124.63 Million |
+19.09% |
| 2003-12-31 | Dkr668.91 Million ≈ $104.66 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to H+H International 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 grown by 236.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr1.48 Billion | 94.70% |
| Common Stock | Dkr165.00 Million | 10.54% |
| Other Comprehensive Income | Dkr-82.00 Million | -5.24% |
| Total Equity | Dkr1.57 Billion | 100.00% |
H+H International A/S Competitors by Market Cap
The table below lists competitors of H+H International A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ready Capital Corp
NYSE:RC
|
$278.73 Million |
|
Groenlandsbanken AS
CO:GRLA
|
$278.81 Million |
|
Foghorn Therapeutics Inc
NASDAQ:FHTX
|
$278.85 Million |
|
Pizza Pizza Royalty Corp.
TO:PZA
|
$278.88 Million |
|
STIF Société anonyme
PA:ALSTI
|
$278.58 Million |
|
Unggul Indah Cahaya Tbk
JK:UNIC
|
$278.53 Million |
|
Shanghai Chlor-Alkali Chemical Co Ltd B
SHG:900908
|
$278.49 Million |
|
LENZ Therapeutics Inc
NASDAQ:LENZ
|
$278.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in H+H International A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,592,000,000 to 1,566,000,000, a change of -26,000,000 (-1.6%).
- Net loss of 53,000,000 reduced equity.
- Other comprehensive income increased equity by 17,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr-53.00 Million | -3.38% |
| Other Comprehensive Income | Dkr17.00 Million | +1.09% |
| Other Changes | Dkr10.00 Million | +0.64% |
| Total Change | Dkr- | -1.63% |
Book Value vs Market Value Analysis
This analysis compares H+H International 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: 1.15x
- 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 0.63x to 1.15x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | Dkr174.38 | Dkr109.00 | x |
| 2004-12-31 | Dkr211.36 | Dkr109.00 | x |
| 2005-12-31 | Dkr218.19 | Dkr109.00 | x |
| 2006-12-31 | Dkr228.99 | Dkr109.00 | x |
| 2007-12-31 | Dkr260.46 | Dkr109.00 | x |
| 2008-12-31 | Dkr285.35 | Dkr109.00 | x |
| 2009-12-31 | Dkr559.97 | Dkr109.00 | x |
| 2010-12-31 | Dkr62.06 | Dkr109.00 | x |
| 2011-12-31 | Dkr47.34 | Dkr109.00 | x |
| 2012-12-31 | Dkr35.75 | Dkr109.00 | x |
| 2013-12-31 | Dkr25.14 | Dkr109.00 | x |
| 2014-12-31 | Dkr12.98 | Dkr109.00 | x |
| 2015-12-31 | Dkr20.20 | Dkr109.00 | x |
| 2016-12-31 | Dkr21.64 | Dkr109.00 | x |
| 2017-12-31 | Dkr35.16 | Dkr109.00 | x |
| 2018-12-31 | Dkr69.27 | Dkr109.00 | x |
| 2019-12-31 | Dkr74.54 | Dkr109.00 | x |
| 2020-12-31 | Dkr80.35 | Dkr109.00 | x |
| 2021-12-31 | Dkr96.25 | Dkr109.00 | x |
| 2022-12-31 | Dkr105.77 | Dkr109.00 | x |
| 2023-12-31 | Dkr97.51 | Dkr109.00 | x |
| 2024-12-31 | Dkr94.91 | Dkr109.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently H+H International 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): -3.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.93%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 2.22x
- Recent ROE (-3.38%) is below the historical average (4.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 16.42% | 6.94% | 1.25x | 1.90x | Dkr42.92 Million |
| 2004 | 17.31% | 9.83% | 1.07x | 1.64x | Dkr58.20 Million |
| 2005 | 12.12% | 7.41% | 0.95x | 1.72x | Dkr17.58 Million |
| 2006 | 8.53% | 4.47% | 1.01x | 1.88x | Dkr-12.77 Million |
| 2007 | 15.90% | 8.51% | 1.04x | 1.80x | Dkr58.43 Million |
| 2008 | 0.22% | 0.12% | 0.75x | 2.59x | Dkr-72.66 Million |
| 2009 | -24.27% | -21.77% | 0.58x | 1.94x | Dkr-328.31 Million |
| 2010 | -37.28% | -21.56% | 0.76x | 2.28x | Dkr-343.03 Million |
| 2011 | -12.45% | -5.26% | 0.83x | 2.86x | Dkr-124.24 Million |
| 2012 | -14.27% | -4.51% | 0.95x | 3.33x | Dkr-101.43 Million |
| 2013 | -13.65% | -3.18% | 0.97x | 4.40x | Dkr-69.50 Million |
| 2014 | -4.49% | -0.49% | 1.13x | 8.02x | Dkr-21.98 Million |
| 2015 | 22.90% | 3.60% | 1.30x | 4.89x | Dkr32.89 Million |
| 2016 | 32.14% | 5.54% | 1.36x | 4.28x | Dkr61.43 Million |
| 2017 | 23.75% | 5.53% | 1.22x | 3.52x | Dkr51.88 Million |
| 2018 | 12.50% | 4.95% | 1.04x | 2.42x | Dkr25.00 Million |
| 2019 | 11.17% | 5.25% | 1.05x | 2.04x | Dkr15.60 Million |
| 2020 | 16.76% | 9.08% | 0.91x | 2.02x | Dkr97.20 Million |
| 2021 | 18.19% | 10.26% | 0.89x | 2.00x | Dkr139.60 Million |
| 2022 | 16.45% | 8.41% | 0.96x | 2.04x | Dkr118.80 Million |
| 2023 | -15.58% | -9.28% | 0.77x | 2.17x | Dkr-407.20 Million |
| 2024 | -3.38% | -1.93% | 0.79x | 2.22x | Dkr-209.60 Million |
Industry Comparison
This section compares H+H International A/S's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $157,607,000
- Average return on equity (ROE) among peers: 2.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| H+H International A/S (HH) | Dkr1.02 Billion | 16.42% | 1.93x | $278.62 Million |
| RIAS A/S (RIAS-B) | $157.61 Million | 2.74% | 0.26x | $22.30 Million |
About H+H International A/S
H+H International A/S provides wall building materials and solutions in the United Kingdom, Central Western Europe, and Poland. The company offers autoclaved aerated concrete and calcium silicate blocks. It also provides foundation blocks, wall elements, and partition walls. The company serves its products in the private low-rise houses, volume house builders, public sector housing, commercial, a… Read more