MT Hoejgaard Holding A/S (MTHH) - Net Assets
Based on the latest financial reports, MT Hoejgaard Holding A/S (MTHH) has net assets worth Dkr1.23 Billion DKK (≈ $192.29 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr4.19 Billion ≈ $654.93 Million USD) and total liabilities (Dkr2.96 Billion ≈ $462.64 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 how resilient are MT Hoejgaard Holding A/S's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Dkr1.23 Billion |
| % of Total Assets | 29.36% |
| Annual Growth Rate | -1.03% |
| 5-Year Change | 66.8% |
| 10-Year Change | 27.53% |
| Growth Volatility | 30.02 |
MT Hoejgaard Holding A/S - Net Assets Trend (2002–2025)
This chart illustrates how MT Hoejgaard Holding A/S's net assets have evolved over time, based on quarterly financial data. Also explore total assets of MT Hoejgaard Holding A/S for the complete picture of this company's asset base.
Annual Net Assets for MT Hoejgaard Holding A/S (2002–2025)
The table below shows the annual net assets of MT Hoejgaard Holding A/S from 2002 to 2025. For live valuation and market cap data, see market cap of MT Hoejgaard Holding A/S.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Dkr1.23 Billion ≈ $192.29 Million |
+18.47% |
| 2024-12-31 | Dkr1.04 Billion ≈ $162.31 Million |
+22.70% |
| 2023-12-31 | Dkr845.50 Million ≈ $132.28 Million |
+12.57% |
| 2022-12-31 | Dkr751.10 Million ≈ $117.52 Million |
+1.94% |
| 2021-12-31 | Dkr736.80 Million ≈ $115.28 Million |
+18.00% |
| 2020-12-31 | Dkr624.40 Million ≈ $97.69 Million |
+19.82% |
| 2019-12-31 | Dkr521.10 Million ≈ $81.53 Million |
+32.76% |
| 2018-12-31 | Dkr392.50 Million ≈ $61.41 Million |
-55.58% |
| 2017-12-31 | Dkr883.60 Million ≈ $138.25 Million |
-8.31% |
| 2016-12-31 | Dkr963.70 Million ≈ $150.78 Million |
-3.52% |
| 2015-12-31 | Dkr998.90 Million ≈ $156.29 Million |
+21.57% |
| 2014-12-31 | Dkr821.70 Million ≈ $128.56 Million |
-26.37% |
| 2013-12-31 | Dkr1.12 Billion ≈ $174.61 Million |
+44.78% |
| 2012-12-31 | Dkr770.80 Million ≈ $120.60 Million |
-2.06% |
| 2011-12-31 | Dkr787.00 Million ≈ $123.13 Million |
-18.29% |
| 2010-12-31 | Dkr963.20 Million ≈ $150.70 Million |
-0.12% |
| 2009-12-31 | Dkr964.40 Million ≈ $150.89 Million |
-33.11% |
| 2008-12-31 | Dkr1.44 Billion ≈ $225.58 Million |
+17.10% |
| 2007-12-31 | Dkr1.23 Billion ≈ $192.65 Million |
+88.73% |
| 2006-12-31 | Dkr652.40 Million ≈ $102.07 Million |
-18.83% |
| 2005-12-31 | Dkr803.70 Million ≈ $125.74 Million |
-14.00% |
| 2004-12-31 | Dkr934.50 Million ≈ $146.21 Million |
+1.90% |
| 2003-12-31 | Dkr917.10 Million ≈ $143.49 Million |
-41.26% |
| 2002-12-31 | Dkr1.56 Billion ≈ $244.26 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MT Hoejgaard Holding 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 4377.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr1.08 Billion | 87.79% |
| Common Stock | Dkr156.00 Million | 12.69% |
| Other Comprehensive Income | Dkr-6.00 Million | -0.49% |
| Total Equity | Dkr1.23 Billion | 100.00% |
MT Hoejgaard Holding A/S Competitors by Market Cap
The table below lists competitors of MT Hoejgaard Holding A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Airnet Technology Inc
NASDAQ:ANTE
|
$385.29 Million |
|
Shenzhen Wenke Landscape Co Ltd
SHE:002775
|
$385.46 Million |
|
Ace Pillar Co Ltd
TW:8374
|
$385.48 Million |
|
MGP Ingredients Inc
NASDAQ:MGPI
|
$385.61 Million |
|
EQV Ventures Acquisition Corp.
NYSE:EQV
|
$385.09 Million |
|
Aarti Drugs Limited
NSE:AARTIDRUGS
|
$384.90 Million |
|
Forth Corporation Public Company Limited
BK:FORTH
|
$384.84 Million |
|
Cantor Equity Partners III, Inc. Class A Ordinary Shares
NASDAQ:CAEP
|
$384.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MT Hoejgaard Holding A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,037,400,000 to 1,229,000,000, a change of 191,600,000 (18.5%).
- Net income of 266,000,000 contributed positively to equity growth.
- Dividend payments of 50,000,000 reduced retained earnings.
- Share repurchases of 23,000,000 reduced equity.
- Other comprehensive income decreased equity by 7,100,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr266.00 Million | +21.64% |
| Dividends Paid | Dkr50.00 Million | -4.07% |
| Share Repurchases | Dkr23.00 Million | -1.87% |
| Other Comprehensive Income | Dkr-7.10 Million | -0.58% |
| Other Changes | Dkr5.70 Million | +0.46% |
| Total Change | Dkr- | 18.47% |
Book Value vs Market Value Analysis
This analysis compares MT Hoejgaard Holding 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: 2.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.26x to 2.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Dkr141.55 | Dkr319.50 | x |
| 2003-12-31 | Dkr82.45 | Dkr319.50 | x |
| 2004-12-31 | Dkr84.22 | Dkr319.50 | x |
| 2005-12-31 | Dkr71.12 | Dkr319.50 | x |
| 2006-12-31 | Dkr58.15 | Dkr319.50 | x |
| 2007-12-31 | Dkr111.94 | Dkr319.50 | x |
| 2008-12-31 | Dkr335.30 | Dkr319.50 | x |
| 2009-12-31 | Dkr229.62 | Dkr319.50 | x |
| 2010-12-31 | Dkr229.33 | Dkr319.50 | x |
| 2011-12-31 | Dkr187.16 | Dkr319.50 | x |
| 2012-12-31 | Dkr235.00 | Dkr319.50 | x |
| 2013-12-31 | Dkr2146.15 | Dkr319.50 | x |
| 2014-12-31 | Dkr1468.85 | Dkr319.50 | x |
| 2015-12-31 | Dkr1845.77 | Dkr319.50 | x |
| 2016-12-31 | Dkr1810.77 | Dkr319.50 | x |
| 2017-12-31 | Dkr1645.77 | Dkr319.50 | x |
| 2018-12-31 | Dkr91.11 | Dkr319.50 | x |
| 2019-12-31 | Dkr73.52 | Dkr319.50 | x |
| 2020-12-31 | Dkr78.29 | Dkr319.50 | x |
| 2021-12-31 | Dkr92.55 | Dkr319.50 | x |
| 2022-12-31 | Dkr94.26 | Dkr319.50 | x |
| 2023-12-31 | Dkr108.41 | Dkr319.50 | x |
| 2024-12-31 | Dkr133.22 | Dkr319.50 | x |
| 2025-12-31 | Dkr157.83 | Dkr319.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MT Hoejgaard Holding 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): 21.64%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.60%
- • Asset Turnover: 2.44x
- • Equity Multiplier: 3.41x
- Recent ROE (21.64%) is above the historical average (-1.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -3.87% | -1.14% | 1.56x | 2.17x | Dkr-215.91 Million |
| 2003 | 56.30% | 11.71% | 1.57x | 3.07x | Dkr419.90 Million |
| 2004 | 8.11% | 1.87% | 1.91x | 2.27x | Dkr-17.54 Million |
| 2005 | 10.52% | 1.78% | 1.93x | 3.06x | Dkr4.07 Million |
| 2006 | 6.71% | 0.71% | 2.22x | 4.24x | Dkr-21.06 Million |
| 2007 | 19.10% | 2.01% | 2.33x | 4.09x | Dkr112.07 Million |
| 2008 | 17.96% | 2.32% | 2.12x | 3.66x | Dkr114.82 Million |
| 2009 | 13.87% | 2.69% | 1.62x | 3.19x | Dkr37.36 Million |
| 2010 | 4.40% | 0.93% | 1.72x | 2.74x | Dkr-53.92 Million |
| 2011 | -16.86% | -2.60% | 1.61x | 4.01x | Dkr-211.40 Million |
| 2012 | -68.54% | -5.43% | 2.20x | 5.75x | Dkr-605.38 Million |
| 2013 | 2.98% | 0.45% | 1.83x | 3.60x | Dkr-78.30 Million |
| 2014 | -32.95% | -3.61% | 1.91x | 4.77x | Dkr-328.08 Million |
| 2015 | 30.17% | 4.43% | 1.82x | 3.75x | Dkr193.62 Million |
| 2016 | 1.08% | 0.15% | 1.85x | 3.90x | Dkr-83.96 Million |
| 2017 | -6.82% | -0.76% | 2.08x | 4.29x | Dkr-143.98 Million |
| 2018 | -153.43% | -8.70% | 1.78x | 9.90x | Dkr-626.11 Million |
| 2019 | 12.00% | 1.18% | 1.17x | 8.70x | Dkr10.13 Million |
| 2020 | 2.21% | 0.23% | 1.48x | 6.58x | Dkr-47.46 Million |
| 2021 | 16.32% | 1.63% | 1.66x | 6.02x | Dkr45.53 Million |
| 2022 | 1.59% | 0.14% | 1.81x | 6.52x | Dkr-61.70 Million |
| 2023 | 9.45% | 0.82% | 1.84x | 6.30x | Dkr-4.62 Million |
| 2024 | 17.54% | 1.70% | 2.28x | 4.51x | Dkr78.26 Million |
| 2025 | 21.64% | 2.60% | 2.44x | 3.41x | Dkr143.10 Million |
Industry Comparison
This section compares MT Hoejgaard Holding A/S's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $5,558,000,000
- Average return on equity (ROE) among peers: 15.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MT Hoejgaard Holding A/S (MTHH) | Dkr1.23 Billion | -3.87% | 2.41x | $385.28 Million |
| Per Aarsleff Holding A/S (PAAL-B) | $5.56 Billion | 15.76% | 1.84x | $1.96 Billion |
About MT Hoejgaard Holding A/S
MT Højgaard Holding A/S engages in the provision of construction, civil engineering, and infrastructure services for private and public customers in Denmark and internationally. It also engages in the sale of land and building; and refurbishment, building, and green transition services. The company was formerly known as Højgaard Holding A/S and changed its name to MT Højgaard Holding A/S in April… Read more