North Media A/S
North Media A/S develops and operates platforms for transactions between businesses and consumers in Denmark, Sweden, and Norway. It provides various offers, advertisements, and weekly newspapers; and distributes specials and local newspapers to retailers, e-commerce companies, and local newspaper businesses. The company also offers portals for rental housing, such as BoligPortal, BostadsPortal, … Read more
North Media A/S (NORTHM) - Net Assets
Latest net assets as of September 2025: Dkr1.18 Billion DKK
Based on the latest financial reports, North Media A/S (NORTHM) has net assets worth Dkr1.18 Billion DKK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr1.51 Billion) and total liabilities (Dkr330.20 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 | Dkr1.18 Billion |
| % of Total Assets | 78.17% |
| Annual Growth Rate | 7.24% |
| 5-Year Change | 30.41% |
| 10-Year Change | 119.6% |
| Growth Volatility | 18.83 |
North Media A/S - Net Assets Trend (2000–2024)
This chart illustrates how North Media 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 North Media A/S (2000–2024)
The table below shows the annual net assets of North Media A/S from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr1.15 Billion | -0.87% |
| 2023-12-31 | Dkr1.16 Billion | +16.17% |
| 2022-12-31 | Dkr995.40 Million | -7.83% |
| 2021-12-31 | Dkr1.08 Billion | +22.87% |
| 2020-12-31 | Dkr879.00 Million | +30.96% |
| 2019-12-31 | Dkr671.20 Million | +24.60% |
| 2018-12-31 | Dkr538.70 Million | +8.24% |
| 2017-12-31 | Dkr497.70 Million | +8.10% |
| 2016-12-31 | Dkr460.40 Million | -11.80% |
| 2015-12-31 | Dkr522.00 Million | -1.95% |
| 2014-12-31 | Dkr532.40 Million | +1.74% |
| 2013-12-31 | Dkr523.30 Million | +2.29% |
| 2012-12-31 | Dkr511.60 Million | -2.33% |
| 2011-12-31 | Dkr523.80 Million | +5.14% |
| 2010-12-31 | Dkr498.20 Million | -13.11% |
| 2009-12-31 | Dkr573.40 Million | -13.31% |
| 2008-12-31 | Dkr661.40 Million | +34.95% |
| 2007-12-31 | Dkr490.10 Million | -3.03% |
| 2006-12-31 | Dkr505.40 Million | +52.97% |
| 2005-12-31 | Dkr330.40 Million | +48.56% |
| 2004-12-31 | Dkr222.40 Million | +12.15% |
| 2003-12-31 | Dkr198.30 Million | +18.25% |
| 2002-12-31 | Dkr167.70 Million | -2.22% |
| 2001-12-31 | Dkr171.51 Million | -19.94% |
| 2000-12-31 | Dkr214.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to North Media 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 1257.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr1.05 Billion | 91.40% |
| Common Stock | Dkr100.30 Million | 8.75% |
| Other Comprehensive Income | Dkr-1.70 Million | -0.15% |
| Total Equity | Dkr1.15 Billion | 100.00% |
North Media A/S Competitors by Market Cap
The table below lists competitors of North Media A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AROBS TRANSILVANIA SOFTWARE SA
RO:AROBS
|
$61.08 Million |
|
Insas Bhd
KLSE:3379
|
$61.08 Million |
|
GENASYS INC. DL-00001
F:G66
|
$61.08 Million |
|
Flat Capital AB Series B
ST:FLAT-B
|
$61.10 Million |
|
CANBRIDGE PHARM.DL-00001
F:MF1
|
$61.07 Million |
|
KNH Enterprise Co Ltd
TW:9919
|
$61.01 Million |
|
Esprit Holdings Limited
PINK:ESHDF
|
$60.99 Million |
|
GNA Axles Limited
NSE:GNA
|
$60.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in North Media A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,156,400,000 to 1,146,300,000, a change of -10,100,000 (-0.9%).
- Net income of 61,700,000 contributed positively to equity growth.
- Dividend payments of 72,100,000 reduced retained earnings.
- New share issuances of 2,000,000 increased equity.
- Other comprehensive income decreased equity by 1,700,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr61.70 Million | +5.38% |
| Dividends Paid | Dkr72.10 Million | -6.29% |
| Share Issuances | Dkr2.00 Million | +0.17% |
| Other Comprehensive Income | Dkr-1.70 Million | -0.15% |
| Total Change | Dkr- | -0.87% |
Book Value vs Market Value Analysis
This analysis compares North Media 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: 0.77x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 6.58x to 0.77x 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 | Dkr7.45 | Dkr49.00 | x |
| 2003-12-31 | Dkr8.50 | Dkr49.00 | x |
| 2004-12-31 | Dkr10.42 | Dkr49.00 | x |
| 2005-12-31 | Dkr14.82 | Dkr49.00 | x |
| 2006-12-31 | Dkr20.35 | Dkr49.00 | x |
| 2007-12-31 | Dkr15.31 | Dkr49.00 | x |
| 2008-12-31 | Dkr26.85 | Dkr49.00 | x |
| 2009-12-31 | Dkr28.08 | Dkr49.00 | x |
| 2010-12-31 | Dkr24.33 | Dkr49.00 | x |
| 2011-12-31 | Dkr25.78 | Dkr49.00 | x |
| 2012-12-31 | Dkr25.66 | Dkr49.00 | x |
| 2013-12-31 | Dkr27.29 | Dkr49.00 | x |
| 2014-12-31 | Dkr28.34 | Dkr49.00 | x |
| 2015-12-31 | Dkr27.99 | Dkr49.00 | x |
| 2016-12-31 | Dkr24.75 | Dkr49.00 | x |
| 2017-12-31 | Dkr26.18 | Dkr49.00 | x |
| 2018-12-31 | Dkr28.35 | Dkr49.00 | x |
| 2019-12-31 | Dkr36.09 | Dkr49.00 | x |
| 2020-12-31 | Dkr47.77 | Dkr49.00 | x |
| 2021-12-31 | Dkr58.06 | Dkr49.00 | x |
| 2022-12-31 | Dkr53.81 | Dkr49.00 | x |
| 2023-12-31 | Dkr62.51 | Dkr49.00 | x |
| 2024-12-31 | Dkr63.33 | Dkr49.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently North Media 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): 5.38%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.74%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.34x
- Recent ROE (5.38%) is below the historical average (12.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 26.48% | 4.95% | 1.78x | 3.00x | Dkr34.66 Million |
| 2002 | 3.56% | 0.56% | 2.01x | 3.14x | Dkr-10.69 Million |
| 2003 | 46.57% | 7.02% | 2.03x | 3.26x | Dkr69.26 Million |
| 2004 | 14.35% | 2.49% | 1.67x | 3.46x | Dkr9.25 Million |
| 2005 | 25.43% | 5.47% | 1.88x | 2.47x | Dkr47.08 Million |
| 2006 | 28.09% | 7.17% | 1.79x | 2.18x | Dkr76.96 Million |
| 2007 | -1.53% | -0.34% | 1.46x | 3.06x | Dkr-36.89 Million |
| 2008 | -31.38% | -13.97% | 1.34x | 1.68x | Dkr-227.74 Million |
| 2009 | 1.61% | 0.88% | 1.28x | 1.42x | Dkr-47.35 Million |
| 2010 | 17.64% | 7.53% | 1.49x | 1.57x | Dkr37.15 Million |
| 2011 | 23.74% | 10.00% | 1.39x | 1.70x | Dkr70.15 Million |
| 2012 | 13.13% | 5.86% | 1.28x | 1.75x | Dkr15.43 Million |
| 2013 | 3.09% | 1.48% | 1.16x | 1.80x | Dkr-35.06 Million |
| 2014 | 3.91% | 1.92% | 1.21x | 1.69x | Dkr-32.12 Million |
| 2015 | -2.29% | -1.18% | 1.19x | 1.63x | Dkr-63.96 Million |
| 2016 | -16.44% | -8.59% | 1.15x | 1.66x | Dkr-121.74 Million |
| 2017 | 5.75% | 3.18% | 1.15x | 1.58x | Dkr-21.14 Million |
| 2018 | 16.78% | 7.90% | 1.39x | 1.53x | Dkr36.53 Million |
| 2019 | 30.59% | 18.17% | 1.17x | 1.44x | Dkr138.18 Million |
| 2020 | 34.87% | 29.32% | 0.88x | 1.35x | Dkr218.60 Million |
| 2021 | 25.33% | 26.47% | 0.78x | 1.22x | Dkr165.60 Million |
| 2022 | 0.21% | 0.21% | 0.82x | 1.22x | Dkr-97.44 Million |
| 2023 | 22.86% | 27.86% | 0.59x | 1.39x | Dkr148.76 Million |
| 2024 | 5.38% | 4.74% | 0.85x | 1.34x | Dkr-52.93 Million |
Industry Comparison
This section compares North Media A/S's net assets metrics with peer companies in the Publishing industry.
Industry Context
- Industry: Publishing
- Average net assets among peers: $402,875,000
- Average return on equity (ROE) among peers: 10.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| North Media A/S (NORTHM) | Dkr1.18 Billion | 26.48% | 0.28x | $61.07 Million |
| Gyldendal A/S (GYLD-B) | $402.88 Million | 10.07% | 0.72x | $67.67 Million |