Prime Office A/S
Prime Office A/S operates as a real estate company. It primarily invests in centrally located office buildings in Germany. Prime Office A/S is based in Aarhus, Denmark.
Prime Office A/S (PRIMOF) - Net Assets
Latest net assets as of September 2025: Dkr1.90 Billion DKK
Based on the latest financial reports, Prime Office A/S (PRIMOF) has net assets worth Dkr1.90 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 (Dkr4.54 Billion) and total liabilities (Dkr2.64 Billion). 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 | Dkr1.90 Billion |
| % of Total Assets | 41.83% |
| Annual Growth Rate | 20.44% |
| 5-Year Change | 44.27% |
| 10-Year Change | 262.04% |
| Growth Volatility | 87.92 |
Prime Office A/S - Net Assets Trend (2008–2024)
This chart illustrates how Prime Office 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 Prime Office A/S (2008–2024)
The table below shows the annual net assets of Prime Office A/S from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr2.01 Billion | +1.48% |
| 2023-12-31 | Dkr1.98 Billion | +1.25% |
| 2022-12-31 | Dkr1.96 Billion | +19.02% |
| 2021-12-31 | Dkr1.65 Billion | +17.97% |
| 2020-12-31 | Dkr1.40 Billion | +18.20% |
| 2019-12-31 | Dkr1.18 Billion | +20.68% |
| 2018-12-31 | Dkr978.20 Million | +14.45% |
| 2017-12-31 | Dkr854.68 Million | +36.79% |
| 2016-12-31 | Dkr624.82 Million | +12.36% |
| 2015-12-31 | Dkr556.07 Million | +370.85% |
| 2014-12-31 | Dkr118.10 Million | +10.01% |
| 2013-12-31 | Dkr107.35 Million | +10.68% |
| 2012-12-31 | Dkr96.99 Million | +9.11% |
| 2011-12-31 | Dkr88.90 Million | -14.28% |
| 2010-12-31 | Dkr103.71 Million | -0.18% |
| 2009-12-31 | Dkr103.90 Million | +1.19% |
| 2008-12-31 | Dkr102.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Prime Office 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 84017.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr1.03 Billion | 81.17% |
| Common Stock | Dkr189.67 Million | 14.99% |
| Other Comprehensive Income | Dkr48.59 Million | 3.84% |
| Total Equity | Dkr1.27 Billion | 100.00% |
Prime Office A/S Competitors by Market Cap
The table below lists competitors of Prime Office A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kernel Holding S.A
PINK:KARNF
|
$76.01 Million |
|
Interactive Digital Technologies
TWO:6486
|
$76.03 Million |
|
Pyridam Farma Tbk
JK:PYFA
|
$76.03 Million |
|
Shanghai Baolijia Chemical Co. Ltd.
SHE:301037
|
$76.04 Million |
|
Fast Ejendom
CO:FED
|
$76.00 Million |
|
Worldline
LSE:0QVI
|
$76.00 Million |
|
Ruby Tech
TWO:8048
|
$75.96 Million |
|
Yuan High-Tech Development Co Ltd
TWO:5474
|
$75.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prime Office A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,224,016,000 to 1,265,535,000, a change of 41,519,000 (3.4%).
- Net income of 59,648,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 18,129,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr59.65 Million | +4.71% |
| Other Comprehensive Income | Dkr-18.13 Million | -1.43% |
| Total Change | Dkr- | 3.39% |
Book Value vs Market Value Analysis
This analysis compares Prime Office 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: 0.61x
- 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 2.54x to 0.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Dkr81.11 | Dkr206.00 | x |
| 2009-12-31 | Dkr78.18 | Dkr206.00 | x |
| 2010-12-31 | Dkr76.86 | Dkr206.00 | x |
| 2011-12-31 | Dkr65.85 | Dkr206.00 | x |
| 2012-12-31 | Dkr71.82 | Dkr206.00 | x |
| 2013-12-31 | Dkr79.63 | Dkr206.00 | x |
| 2014-12-31 | Dkr108.07 | Dkr206.00 | x |
| 2015-12-31 | Dkr105.38 | Dkr206.00 | x |
| 2016-12-31 | Dkr118.21 | Dkr206.00 | x |
| 2017-12-31 | Dkr151.20 | Dkr206.00 | x |
| 2018-12-31 | Dkr402.27 | Dkr206.00 | x |
| 2019-12-31 | Dkr478.50 | Dkr206.00 | x |
| 2020-12-31 | Dkr220.70 | Dkr206.00 | x |
| 2021-12-31 | Dkr260.82 | Dkr206.00 | x |
| 2022-12-31 | Dkr322.06 | Dkr206.00 | x |
| 2023-12-31 | Dkr324.23 | Dkr206.00 | x |
| 2024-12-31 | Dkr335.23 | Dkr206.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prime Office 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): 4.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.56%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 3.45x
- Recent ROE (4.71%) is below the historical average (8.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 3.40% | 40.62% | 0.03x | 2.81x | Dkr-6.57 Million |
| 2009 | 1.93% | 11.75% | 0.06x | 2.73x | Dkr-8.12 Million |
| 2010 | -2.76% | -17.19% | 0.06x | 2.73x | Dkr-12.78 Million |
| 2011 | -18.37% | -79.70% | 0.06x | 3.56x | Dkr-24.36 Million |
| 2012 | 6.11% | 28.44% | 0.07x | 3.22x | Dkr-3.65 Million |
| 2013 | 8.54% | 44.45% | 0.07x | 2.89x | Dkr-1.51 Million |
| 2014 | 7.99% | 43.65% | 0.06x | 2.87x | Dkr-2.30 Million |
| 2015 | 36.31% | 168.19% | 0.05x | 4.57x | Dkr86.40 Million |
| 2016 | 14.96% | 52.62% | 0.07x | 4.14x | Dkr18.71 Million |
| 2017 | 15.05% | 63.88% | 0.05x | 5.12x | Dkr24.48 Million |
| 2018 | 5.58% | 47.65% | 0.06x | 1.82x | Dkr-61.85 Million |
| 2019 | 6.36% | 64.47% | 0.05x | 1.81x | Dkr-60.62 Million |
| 2020 | 17.55% | 81.59% | 0.06x | 3.89x | Dkr62.91 Million |
| 2021 | 15.57% | 83.95% | 0.05x | 3.52x | Dkr54.88 Million |
| 2022 | 8.97% | 57.78% | 0.05x | 3.12x | Dkr-12.56 Million |
| 2023 | 4.51% | 27.97% | 0.05x | 3.22x | Dkr-67.18 Million |
| 2024 | 4.71% | 29.56% | 0.05x | 3.45x | Dkr-66.91 Million |
Industry Comparison
This section compares Prime Office A/S's net assets metrics with peer companies in the Real Estate - Development industry.
No peer company data available for comparison.