Nilfisk Holding A/S
Nilfisk Holding A/S develops, manufactures, and sells cleaning solutions and services worldwide. The company operates through Professional Business, Service Business, Specialty Business, and Consumer Business segments. It provides commercial vacuum cleaners, such as upright, and wet and dry vacuum cleaners, as well as industrial vacuum cleaners; floor cleaning solutions, including scrubber dryers… Read more
Nilfisk Holding A/S (NLFSK) - Net Assets
Latest net assets as of September 2025: Dkr279.20 Million DKK
Based on the latest financial reports, Nilfisk Holding A/S (NLFSK) has net assets worth Dkr279.20 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 (Dkr867.20 Million) and total liabilities (Dkr588.00 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 | Dkr279.20 Million |
| % of Total Assets | 32.2% |
| Annual Growth Rate | -4.64% |
| 5-Year Change | 136.94% |
| 10-Year Change | 59.14% |
| Growth Volatility | 40.36 |
Nilfisk Holding A/S - Net Assets Trend (2000–2024)
This chart illustrates how Nilfisk Holding 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 Nilfisk Holding A/S (2000–2024)
The table below shows the annual net assets of Nilfisk Holding A/S from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr319.40 Million | +16.15% |
| 2023-12-31 | Dkr275.00 Million | +5.49% |
| 2022-12-31 | Dkr260.70 Million | +25.52% |
| 2021-12-31 | Dkr207.70 Million | +54.08% |
| 2020-12-31 | Dkr134.80 Million | -14.68% |
| 2019-12-31 | Dkr158.00 Million | +6.76% |
| 2018-12-31 | Dkr148.00 Million | +7.64% |
| 2017-12-31 | Dkr137.50 Million | -38.83% |
| 2016-12-31 | Dkr224.80 Million | +12.01% |
| 2015-12-31 | Dkr200.70 Million | -40.05% |
| 2014-12-31 | Dkr334.80 Million | +100.06% |
| 2005-12-31 | Dkr167.35 Million | +20.77% |
| 2004-12-31 | Dkr138.57 Million | +26.40% |
| 2003-12-31 | Dkr109.63 Million | +7.31% |
| 2002-12-31 | Dkr102.16 Million | -89.39% |
| 2001-12-31 | Dkr963.00 Million | -3.57% |
| 2000-12-31 | Dkr998.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nilfisk 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 decreased by 58.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr242.30 Million | 75.86% |
| Common Stock | Dkr72.90 Million | 22.82% |
| Other Comprehensive Income | Dkr4.20 Million | 1.31% |
| Other Components | Dkr1.00 | 0.00% |
| Total Equity | Dkr319.40 Million | 100.00% |
Nilfisk Holding A/S Competitors by Market Cap
The table below lists competitors of Nilfisk Holding A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DIGITAL CORE REIT
PINK:DGTCF
|
$460.68 Million |
|
Nagacorp Ltd
PINK:NGCRF
|
$460.72 Million |
|
Chin-Poon Industrial Co Ltd
TW:2355
|
$460.73 Million |
|
Supply Network Ltd
AU:SNL
|
$460.74 Million |
|
Doctorglasses Chain Co Ltd
SHE:300622
|
$460.53 Million |
|
HangZhou Radical Energy Saving Technology Co Ltd
SHE:300652
|
$460.49 Million |
|
CeriBell, Inc
NASDAQ:CBLL
|
$460.41 Million |
|
Beijing Oriental Jicheng Co Ltd
SHE:002819
|
$460.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nilfisk Holding A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 275,000,000 to 319,400,000, a change of 44,400,000 (16.1%).
- Net income of 35,400,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 4,199,999.
- Other factors increased equity by 4,800,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr35.40 Million | +11.08% |
| Other Comprehensive Income | Dkr4.20 Million | +1.31% |
| Other Changes | Dkr4.80 Million | +1.5% |
| Total Change | Dkr- | 16.15% |
Book Value vs Market Value Analysis
This analysis compares Nilfisk 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: 11.86x
- 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 3.49x to 11.86x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | Dkr39.96 | Dkr139.60 | x |
| 2016-12-31 | Dkr44.96 | Dkr139.60 | x |
| 2017-12-31 | Dkr5.07 | Dkr139.60 | x |
| 2018-12-31 | Dkr5.46 | Dkr139.60 | x |
| 2019-12-31 | Dkr5.82 | Dkr139.60 | x |
| 2020-12-31 | Dkr4.97 | Dkr139.60 | x |
| 2021-12-31 | Dkr7.66 | Dkr139.60 | x |
| 2022-12-31 | Dkr9.61 | Dkr139.60 | x |
| 2023-12-31 | Dkr10.14 | Dkr139.60 | x |
| 2024-12-31 | Dkr11.77 | Dkr139.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nilfisk 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): 11.08%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.44%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 2.80x
- Recent ROE (11.08%) is below the historical average (13.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 2.70% | 0.68% | 1.21x | 3.28x | Dkr-10.10 Million |
| 2005 | 20.47% | 4.99% | 1.36x | 3.01x | Dkr17.53 Million |
| 2015 | 20.82% | 4.24% | 1.05x | 4.68x | Dkr21.62 Million |
| 2016 | 13.12% | 2.79% | 1.08x | 4.37x | Dkr7.02 Million |
| 2017 | 29.31% | 3.72% | 1.31x | 6.02x | Dkr26.55 Million |
| 2018 | 6.76% | 0.95% | 1.33x | 5.36x | Dkr-4.80 Million |
| 2019 | 5.51% | 0.90% | 1.15x | 5.32x | Dkr-7.10 Million |
| 2020 | -1.93% | -0.31% | 1.09x | 5.66x | Dkr-16.08 Million |
| 2021 | 24.55% | 5.13% | 1.18x | 4.05x | Dkr30.23 Million |
| 2022 | 15.57% | 3.80% | 1.24x | 3.31x | Dkr14.53 Million |
| 2023 | 12.84% | 3.42% | 1.27x | 2.96x | Dkr7.80 Million |
| 2024 | 11.08% | 3.44% | 1.15x | 2.80x | Dkr3.46 Million |
Industry Comparison
This section compares Nilfisk Holding A/S's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $182,987,545
- Average return on equity (ROE) among peers: -17.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nilfisk Holding A/S (NLFSK) | Dkr279.20 Million | 2.70% | 2.11x | $460.67 Million |
| FOM Technologies A/S (FOM) | $11.83 Million | -49.40% | 0.29x | $3.19 Million |
| Glunz & Jensen (GJ) | $220.04 Million | 0.00% | 1.65x | $7.22 Million |
| Hydract AS (HYDRCT) | $28.74 Million | -46.78% | 0.61x | $776.57 |
| Brd. Klee A/S (KLEE-B) | $37.18 Million | 9.77% | 0.58x | $27.54 Million |
| SKAKO A/S (SKAKO) | $617.14 Million | 0.00% | 2.55x | $10.56 Million |