NKT A/S (NKT) - Net Assets
Based on the latest financial reports, NKT A/S (NKT) has net assets worth Dkr14.03 Billion DKK (≈ $2.20 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr37.36 Billion ≈ $5.85 Billion USD) and total liabilities (Dkr23.33 Billion ≈ $3.65 Billion 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. Explore NKT A/S (NKT) cash conversion ratio to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Dkr14.03 Billion |
| % of Total Assets | 37.56% |
| Annual Growth Rate | -3.53% |
| 5-Year Change | 72.15% |
| 10-Year Change | 128.91% |
| Growth Volatility | 23.95 |
NKT A/S - Net Assets Trend (2000–2024)
This chart illustrates how NKT A/S's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see NKT stock market capitalisation.
Annual Net Assets for NKT A/S (2000–2024)
The table below shows the annual net assets of NKT A/S from 2000 to 2024. Read NKT A/S (NKT) total liabilities for a breakdown of total debt and financial obligations.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr1.85 Billion ≈ $289.92 Million |
+17.65% |
| 2023-12-31 | Dkr1.57 Billion ≈ $246.42 Million |
+37.71% |
| 2022-12-31 | Dkr1.14 Billion ≈ $178.94 Million |
-1.40% |
| 2021-12-31 | Dkr1.16 Billion ≈ $181.47 Million |
+7.76% |
| 2020-12-31 | Dkr1.08 Billion ≈ $168.41 Million |
+33.91% |
| 2019-12-31 | Dkr803.80 Million ≈ $125.76 Million |
-10.25% |
| 2018-12-31 | Dkr895.60 Million ≈ $140.12 Million |
+9.71% |
| 2017-12-31 | Dkr816.30 Million ≈ $127.72 Million |
-14.20% |
| 2016-12-31 | Dkr951.40 Million ≈ $148.85 Million |
+17.53% |
| 2015-12-31 | Dkr809.50 Million ≈ $126.65 Million |
+0.90% |
| 2014-12-31 | Dkr802.26 Million ≈ $125.52 Million |
+5.49% |
| 2013-12-31 | Dkr760.48 Million ≈ $118.98 Million |
-1.09% |
| 2012-12-31 | Dkr768.86 Million ≈ $120.29 Million |
+40.41% |
| 2011-12-31 | Dkr547.57 Million ≈ $85.67 Million |
-0.73% |
| 2010-12-31 | Dkr551.60 Million ≈ $86.30 Million |
+9.75% |
| 2009-12-31 | Dkr502.60 Million ≈ $78.63 Million |
+8.02% |
| 2008-12-31 | Dkr465.27 Million ≈ $72.80 Million |
+5.69% |
| 2007-12-31 | Dkr440.24 Million ≈ $68.88 Million |
+17.02% |
| 2006-12-31 | Dkr376.20 Million ≈ $58.86 Million |
+2.71% |
| 2005-12-31 | Dkr366.28 Million ≈ $57.31 Million |
-0.92% |
| 2004-12-31 | Dkr369.67 Million ≈ $57.84 Million |
-2.78% |
| 2003-12-31 | Dkr380.24 Million ≈ $59.49 Million |
-2.54% |
| 2002-12-31 | Dkr390.16 Million ≈ $61.04 Million |
-90.47% |
| 2001-12-31 | Dkr4.09 Billion ≈ $640.60 Million |
-6.84% |
| 2000-12-31 | Dkr4.39 Billion ≈ $687.63 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to NKT 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 56.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr1.57 Billion | 84.78% |
| Common Stock | Dkr144.00 Million | 7.77% |
| Other Comprehensive Income | Dkr141.00 Million | 7.61% |
| Total Equity | Dkr1.85 Billion | 100.00% |
NKT A/S Competitors by Market Cap
The table below lists competitors of NKT A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
General Insurance Corporation of India
NSE:GICRE
|
$7.55 Billion |
|
Mytilineos S.A
AT:MYTIL
|
$7.55 Billion |
|
Camtek Ltd
TA:CAMT
|
$7.56 Billion |
|
Aura Minerals Inc. Common Shares
NASDAQ:AUGO
|
$7.57 Billion |
|
Storebrand ASA
OL:STB
|
$7.54 Billion |
|
The Magnum Ice Cream Company N.V.
AS:MICC
|
$7.53 Billion |
|
LKQ Corporation
NASDAQ:LKQ
|
$7.53 Billion |
|
INPOST S.A UNSP.ADR/1/2
F:6690
|
$7.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NKT A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,575,000,000 to 1,853,000,000, a change of 278,000,000 (17.7%).
- Net income of 337,000,000 contributed positively to equity growth.
- Dividend payments of 11,000,000 reduced retained earnings.
- Share repurchases of 2,000,000 reduced equity.
- Other comprehensive income decreased equity by 46,500,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr337.00 Million | +18.19% |
| Dividends Paid | Dkr11.00 Million | -0.59% |
| Share Repurchases | Dkr2.00 Million | -0.11% |
| Other Comprehensive Income | Dkr-46.50 Million | -2.51% |
| Other Changes | Dkr500.00K | +0.03% |
| Total Change | Dkr- | 17.65% |
Book Value vs Market Value Analysis
This analysis compares NKT 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: 26.20x
- 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 decreased from 68.70x to 26.20x 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 | Dkr13.14 | Dkr902.50 | x |
| 2003-12-31 | Dkr12.83 | Dkr902.50 | x |
| 2004-12-31 | Dkr12.90 | Dkr902.50 | x |
| 2005-12-31 | Dkr12.92 | Dkr902.50 | x |
| 2006-12-31 | Dkr13.98 | Dkr902.50 | x |
| 2007-12-31 | Dkr16.27 | Dkr902.50 | x |
| 2008-12-31 | Dkr17.20 | Dkr902.50 | x |
| 2009-12-31 | Dkr18.59 | Dkr902.50 | x |
| 2010-12-31 | Dkr20.47 | Dkr902.50 | x |
| 2011-12-31 | Dkr20.36 | Dkr902.50 | x |
| 2012-12-31 | Dkr28.50 | Dkr902.50 | x |
| 2013-12-31 | Dkr28.17 | Dkr902.50 | x |
| 2014-12-31 | Dkr29.87 | Dkr902.50 | x |
| 2015-12-31 | Dkr29.61 | Dkr902.50 | x |
| 2016-12-31 | Dkr34.71 | Dkr902.50 | x |
| 2017-12-31 | Dkr26.61 | Dkr902.50 | x |
| 2018-12-31 | Dkr29.15 | Dkr902.50 | x |
| 2019-12-31 | Dkr27.20 | Dkr902.50 | x |
| 2020-12-31 | Dkr32.04 | Dkr902.50 | x |
| 2021-12-31 | Dkr24.71 | Dkr902.50 | x |
| 2022-12-31 | Dkr26.54 | Dkr902.50 | x |
| 2023-12-31 | Dkr31.38 | Dkr902.50 | x |
| 2024-12-31 | Dkr34.45 | Dkr902.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NKT 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): 18.19%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.36%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.62x
- Recent ROE (18.19%) is above the historical average (3.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -31.00% | -14.54% | 1.20x | 1.77x | Dkr-152.49 Million |
| 2003 | 2.85% | 1.32% | 1.28x | 1.68x | Dkr-25.99 Million |
| 2004 | 6.94% | 2.40% | 1.32x | 2.20x | Dkr-10.99 Million |
| 2005 | 13.34% | 4.07% | 1.42x | 2.31x | Dkr11.94 Million |
| 2006 | 20.90% | 5.39% | 1.47x | 2.64x | Dkr40.73 Million |
| 2007 | 24.79% | 5.95% | 1.49x | 2.80x | Dkr64.37 Million |
| 2008 | 11.80% | 2.92% | 1.39x | 2.90x | Dkr8.27 Million |
| 2009 | 6.40% | 2.04% | 1.15x | 2.72x | Dkr-18.01 Million |
| 2010 | 6.57% | 1.87% | 1.15x | 3.06x | Dkr-18.88 Million |
| 2011 | 3.13% | 0.81% | 1.16x | 3.31x | Dkr-37.58 Million |
| 2012 | 3.41% | 1.28% | 1.18x | 2.26x | Dkr-50.59 Million |
| 2013 | 4.45% | 1.60% | 1.22x | 2.29x | Dkr-42.14 Million |
| 2014 | 4.69% | 1.76% | 1.29x | 2.07x | Dkr-42.59 Million |
| 2015 | 0.12% | 0.04% | 1.32x | 2.08x | Dkr-79.86 Million |
| 2016 | -1.84% | -1.67% | 0.60x | 1.84x | Dkr-112.64 Million |
| 2017 | -0.42% | -0.23% | 0.78x | 2.33x | Dkr-85.03 Million |
| 2018 | -5.17% | -3.08% | 0.81x | 2.08x | Dkr-135.86 Million |
| 2019 | -9.46% | -5.66% | 0.75x | 2.23x | Dkr-156.38 Million |
| 2020 | -6.92% | -5.07% | 0.68x | 2.00x | Dkr-182.14 Million |
| 2021 | 0.35% | 0.22% | 0.75x | 2.20x | Dkr-111.89 Million |
| 2022 | 5.46% | 3.00% | 0.75x | 2.42x | Dkr-51.97 Million |
| 2023 | 7.89% | 4.84% | 0.71x | 2.29x | Dkr-33.20 Million |
| 2024 | 18.19% | 10.36% | 0.67x | 2.62x | Dkr151.70 Million |
Industry Comparison
This section compares NKT A/S's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $88,336,667
- Average return on equity (ROE) among peers: 2.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NKT A/S (NKT) | Dkr14.03 Billion | -31.00% | 1.66x | $7.55 Billion |
| LED iBond International AS (LEDIBOND) | $-524.00K | 0.00% | 0.00x | $641.44K |
| NTR Holding A/S (NTR-B) | $125.10 Million | 6.39% | 1.40x | $1.82 Million |
| Roblon A/S (RBLN-B) | $140.43 Million | 1.31% | 0.19x | $28.12 Million |
About NKT A/S
NKT A/S designs, manufactures, and installs low, medium, and high voltage power cable solutions in Denmark. It operates through Solutions, Applications and Service & Accessories segments. The company offers high voltage cable solutions, including high voltage onshore and offshore cables; medium voltage, dynamic, and universal cables; and low voltage building wires, flexible cables and conduits, c… Read more