Prime Office A/S Net Assets
Prime Office A/S net assets. Based on the latest financial reports, Prime Office A/S (PRIMOF) has net assets worth Dkr1.90 Billion DKK (≈ $297.23 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 (Dkr4.54 Billion ≈ $710.50 Million USD) and total liabilities (Dkr2.64 Billion ≈ $413.27 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. Also explore net asset momentum of Prime Office A/S to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Prime Office A/S (2008–2024)
Net assets of Prime Office A/S from 2008 to 2024. This chart illustrates how Prime Office A/S's net assets have evolved over time, based on quarterly financial data. See Prime Office A/S balance sheet quality to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see Prime Office A/S market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr2.01 Billion ≈ $314.98 Million |
+1.48% |
| 2023-12-31 | Dkr1.98 Billion ≈ $310.38 Million |
+1.25% |
| 2022-12-31 | Dkr1.96 Billion ≈ $306.54 Million |
+19.02% |
| 2021-12-31 | Dkr1.65 Billion ≈ $257.55 Million |
+17.97% |
| 2020-12-31 | Dkr1.40 Billion ≈ $218.32 Million |
+18.20% |
| 2019-12-31 | Dkr1.18 Billion ≈ $184.70 Million |
+20.68% |
| 2018-12-31 | Dkr978.20 Million ≈ $153.05 Million |
+14.45% |
| 2017-12-31 | Dkr854.68 Million ≈ $133.72 Million |
+36.79% |
| 2016-12-31 | Dkr624.82 Million ≈ $97.76 Million |
+12.36% |
| 2015-12-31 | Dkr556.07 Million ≈ $87.00 Million |
+370.85% |
| 2014-12-31 | Dkr118.10 Million ≈ $18.48 Million |
+10.01% |
| 2013-12-31 | Dkr107.35 Million ≈ $16.80 Million |
+10.68% |
| 2012-12-31 | Dkr96.99 Million ≈ $15.18 Million |
+9.11% |
| 2011-12-31 | Dkr88.90 Million ≈ $13.91 Million |
-14.28% |
| 2010-12-31 | Dkr103.71 Million ≈ $16.23 Million |
-0.18% |
| 2009-12-31 | Dkr103.90 Million ≈ $16.26 Million |
+1.19% |
| 2008-12-31 | Dkr102.68 Million ≈ $16.07 Million |
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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.
Prime Office A/S Net Assets Breakdown (December 2024)
Prime Office A/S net assets breakdown by equity component as of 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 |
|---|---|
|
Ilex Medical
TA:ILX
|
$137.08 Million |
|
Sage Group PLC
LSE:SGE
|
$137.08 Million |
|
Lucky Cement Co
TW:1108
|
$137.08 Million |
|
NCC AB (publ)
ST:NCC-A
|
$137.14 Million |
|
Peak Rare EARTHS Ltd
AU:PEK
|
$137.02 Million |
|
Bassett Furniture Industries
NASDAQ:BSET
|
$136.89 Million |
|
Paragon Globe Bhd
KLSE:3611
|
$136.84 Million |
|
Invicta
JSE:IVT
|
$136.83 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: 0.69x
- 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 2.86x to 0.69x 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 | Dkr232.00 | x |
| 2009-12-31 | Dkr78.18 | Dkr232.00 | x |
| 2010-12-31 | Dkr76.86 | Dkr232.00 | x |
| 2011-12-31 | Dkr65.85 | Dkr232.00 | x |
| 2012-12-31 | Dkr71.82 | Dkr232.00 | x |
| 2013-12-31 | Dkr79.63 | Dkr232.00 | x |
| 2014-12-31 | Dkr108.07 | Dkr232.00 | x |
| 2015-12-31 | Dkr105.38 | Dkr232.00 | x |
| 2016-12-31 | Dkr118.21 | Dkr232.00 | x |
| 2017-12-31 | Dkr151.20 | Dkr232.00 | x |
| 2018-12-31 | Dkr402.27 | Dkr232.00 | x |
| 2019-12-31 | Dkr478.50 | Dkr232.00 | x |
| 2020-12-31 | Dkr220.70 | Dkr232.00 | x |
| 2021-12-31 | Dkr260.82 | Dkr232.00 | x |
| 2022-12-31 | Dkr322.06 | Dkr232.00 | x |
| 2023-12-31 | Dkr324.23 | Dkr232.00 | x |
| 2024-12-31 | Dkr335.23 | Dkr232.00 | 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.
About 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.