Nilfisk Holding A/S (NLFSK) - Net Assets
Based on the latest financial reports, Nilfisk Holding A/S (NLFSK) has net assets worth Dkr279.20 Million DKK (≈ $43.68 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 (Dkr867.20 Million ≈ $135.68 Million USD) and total liabilities (Dkr588.00 Million ≈ $92.00 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 NLFSK cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Nilfisk Holding A/S asset portfolio for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market value of Nilfisk Holding A/S.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr319.40 Million ≈ $49.97 Million |
+16.15% |
| 2023-12-31 | Dkr275.00 Million ≈ $43.03 Million |
+5.49% |
| 2022-12-31 | Dkr260.70 Million ≈ $40.79 Million |
+25.52% |
| 2021-12-31 | Dkr207.70 Million ≈ $32.50 Million |
+54.08% |
| 2020-12-31 | Dkr134.80 Million ≈ $21.09 Million |
-14.68% |
| 2019-12-31 | Dkr158.00 Million ≈ $24.72 Million |
+6.76% |
| 2018-12-31 | Dkr148.00 Million ≈ $23.16 Million |
+7.64% |
| 2017-12-31 | Dkr137.50 Million ≈ $21.51 Million |
-38.83% |
| 2016-12-31 | Dkr224.80 Million ≈ $35.17 Million |
+12.01% |
| 2015-12-31 | Dkr200.70 Million ≈ $31.40 Million |
-40.05% |
| 2014-12-31 | Dkr334.80 Million ≈ $52.38 Million |
+100.06% |
| 2005-12-31 | Dkr167.35 Million ≈ $26.18 Million |
+20.77% |
| 2004-12-31 | Dkr138.57 Million ≈ $21.68 Million |
+26.40% |
| 2003-12-31 | Dkr109.63 Million ≈ $17.15 Million |
+7.31% |
| 2002-12-31 | Dkr102.16 Million ≈ $15.98 Million |
-89.39% |
| 2001-12-31 | Dkr963.00 Million ≈ $150.67 Million |
-3.57% |
| 2000-12-31 | Dkr998.70 Million ≈ $156.25 Million |
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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 |
|---|---|
|
SmartFinancial, Inc.
NASDAQ:SMBK
|
$590.02 Million |
|
JL MAG RARE-EARTH H YC1
F:3KLA
|
$590.10 Million |
|
SunCoke Energy Inc
NYSE:SXC
|
$590.12 Million |
|
AVIT Ltd
SHE:300264
|
$590.13 Million |
|
Relx PLC
LSE:REL
|
$589.76 Million |
|
Xinxiang Tianli Energy Co. Ltd. A
SHE:301152
|
$589.72 Million |
|
Chularat Hospital Public Company Limited
BK:CHG-R
|
$589.72 Million |
|
Altin Yunus Cesme Turistik Tesisler AS
IS:AYCES
|
$589.61 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: 11.81x
- 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 3.48x to 11.81x 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 | Dkr139.00 | x |
| 2016-12-31 | Dkr44.96 | Dkr139.00 | x |
| 2017-12-31 | Dkr5.07 | Dkr139.00 | x |
| 2018-12-31 | Dkr5.46 | Dkr139.00 | x |
| 2019-12-31 | Dkr5.82 | Dkr139.00 | x |
| 2020-12-31 | Dkr4.97 | Dkr139.00 | x |
| 2021-12-31 | Dkr7.66 | Dkr139.00 | x |
| 2022-12-31 | Dkr9.61 | Dkr139.00 | x |
| 2023-12-31 | Dkr10.14 | Dkr139.00 | x |
| 2024-12-31 | Dkr11.77 | Dkr139.00 | 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: $2,431,112,864
- Average return on equity (ROE) among peers: 10.07%
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 | $589.93 Million |
| FLSmidth & Co. (FLS) | $8.46 Billion | 6.12% | 1.85x | $3.89 Billion |
| Glunz & Jensen (GJ) | $128.90 Million | -4.51% | 1.81x | $22.51 Million |
| Brd. Klee A/S (KLEE-B) | $98.30 Million | 15.37% | 0.43x | $20.88 Million |
| SKAKO A/S (SKAKO) | $102.36 Million | 16.16% | 1.39x | $5.97 Million |
| Vestas Wind Systems A/S (VWS) | $3.36 Billion | 17.21% | 0.91x | $29.34 Billion |
About 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