RIAS A/S
RIAS A/S processes, sells, and distributes of semi-finished plastic products in Denmark, Sweden, and internationally. The company offers roof solutions, including thermoplates, trapezoidal sheets, gutters, skylight panels, sunlux sinusoidal wave plates, onduline corrugated sheets, hobby boards, substrate, and moisture insulation sheets. It also offers semi-finished plastic products, such as plate… Read more
RIAS A/S (RIAS-B) - Net Assets
Latest net assets as of September 2025: Dkr192.79 Million DKK
Based on the latest financial reports, RIAS A/S (RIAS-B) has net assets worth Dkr192.79 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 (Dkr249.76 Million) and total liabilities (Dkr56.97 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 | Dkr192.79 Million |
| % of Total Assets | 77.19% |
| Annual Growth Rate | 2.58% |
| 5-Year Change | 8.71% |
| 10-Year Change | 18.62% |
| Growth Volatility | 2.68 |
RIAS A/S - Net Assets Trend (2005–2025)
This chart illustrates how RIAS 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 RIAS A/S (2005–2025)
The table below shows the annual net assets of RIAS A/S from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | Dkr192.79 Million | +0.29% |
| 2024-09-30 | Dkr192.24 Million | +2.68% |
| 2023-09-30 | Dkr187.22 Million | +0.52% |
| 2022-09-30 | Dkr186.24 Million | +5.01% |
| 2021-09-30 | Dkr177.35 Million | +4.02% |
| 2020-09-30 | Dkr170.51 Million | +1.66% |
| 2019-09-30 | Dkr167.73 Million | +0.93% |
| 2018-09-30 | Dkr166.18 Million | +1.26% |
| 2017-09-30 | Dkr164.11 Million | +0.97% |
| 2016-09-30 | Dkr162.53 Million | +1.31% |
| 2015-09-30 | Dkr160.44 Million | -0.19% |
| 2014-09-30 | Dkr160.74 Million | +1.64% |
| 2013-09-30 | Dkr158.14 Million | +0.34% |
| 2012-09-30 | Dkr157.61 Million | +1.29% |
| 2011-09-30 | Dkr155.60 Million | +4.71% |
| 2010-09-30 | Dkr148.60 Million | +1.92% |
| 2009-09-30 | Dkr145.80 Million | -0.07% |
| 2008-09-30 | Dkr145.91 Million | +8.24% |
| 2007-09-30 | Dkr134.80 Million | +8.70% |
| 2006-09-30 | Dkr124.02 Million | +7.10% |
| 2005-09-30 | Dkr115.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to RIAS 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 89.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr167.83 Million | 87.05% |
| Common Stock | Dkr23.06 Million | 11.96% |
| Other Comprehensive Income | Dkr1.90 Million | 0.98% |
| Total Equity | Dkr192.79 Million | 100.00% |
RIAS A/S Competitors by Market Cap
The table below lists competitors of RIAS A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Exxaro Tiles Limited
NSE:EXXARO
|
$7.43 Million |
|
RPCG Public Company Limited
BK:RPC
|
$7.43 Million |
|
NextEye Co. Ltd
KQ:137940
|
$7.43 Million |
|
FingerTango Inc.
PINK:FGRTF
|
$7.43 Million |
|
GUH Holdings Bhd
KLSE:3247
|
$7.42 Million |
|
PROEN Corp Public Company Limited
BK:PROEN
|
$7.41 Million |
|
Vacasa Inc
NASDAQ:VCSA
|
$7.41 Million |
|
Parks! America Inc
PINK:PRKA
|
$7.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RIAS A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 192,238,000 to 192,793,000, a change of 555,000 (0.3%).
- Net income of 9,588,000 contributed positively to equity growth.
- Dividend payments of 8,533,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,898,000.
- Other factors decreased equity by 2,398,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr9.59 Million | +4.97% |
| Dividends Paid | Dkr8.53 Million | -4.43% |
| Other Comprehensive Income | Dkr1.90 Million | +0.98% |
| Other Changes | Dkr-2.40 Million | -1.24% |
| Total Change | Dkr- | 0.29% |
Book Value vs Market Value Analysis
This analysis compares RIAS 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: 0.81x
- 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 1.34x to 0.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-09-30 | Dkr502.10 | Dkr675.00 | x |
| 2006-09-30 | Dkr537.73 | Dkr675.00 | x |
| 2007-09-30 | Dkr584.50 | Dkr675.00 | x |
| 2008-09-30 | Dkr632.66 | Dkr675.00 | x |
| 2009-09-30 | Dkr632.19 | Dkr675.00 | x |
| 2010-09-30 | Dkr644.34 | Dkr675.00 | x |
| 2011-09-30 | Dkr674.66 | Dkr675.00 | x |
| 2012-09-30 | Dkr683.38 | Dkr675.00 | x |
| 2013-09-30 | Dkr685.69 | Dkr675.00 | x |
| 2014-09-30 | Dkr696.96 | Dkr675.00 | x |
| 2015-09-30 | Dkr695.64 | Dkr675.00 | x |
| 2016-09-30 | Dkr704.73 | Dkr675.00 | x |
| 2017-09-30 | Dkr711.59 | Dkr675.00 | x |
| 2018-09-30 | Dkr720.53 | Dkr675.00 | x |
| 2019-09-30 | Dkr727.26 | Dkr675.00 | x |
| 2020-09-30 | Dkr739.31 | Dkr675.00 | x |
| 2021-09-30 | Dkr769.00 | Dkr675.00 | x |
| 2022-09-30 | Dkr807.53 | Dkr675.00 | x |
| 2023-09-30 | Dkr811.76 | Dkr675.00 | x |
| 2024-09-30 | Dkr833.53 | Dkr675.00 | x |
| 2025-09-30 | Dkr835.94 | Dkr675.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RIAS 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): 4.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.16%
- • Asset Turnover: 1.21x
- • Equity Multiplier: 1.30x
- Recent ROE (4.97%) is below the historical average (5.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 9.29% | 4.09% | 1.71x | 1.33x | Dkr-826.90K |
| 2006 | 8.49% | 3.85% | 1.67x | 1.32x | Dkr-1.88 Million |
| 2007 | 8.99% | 4.25% | 1.66x | 1.27x | Dkr-1.36 Million |
| 2008 | 9.19% | 4.56% | 1.38x | 1.47x | Dkr-1.18 Million |
| 2009 | 2.33% | 1.52% | 1.13x | 1.36x | Dkr-11.18 Million |
| 2010 | 2.66% | 1.77% | 1.10x | 1.37x | Dkr-10.91 Million |
| 2011 | 5.23% | 3.28% | 1.21x | 1.32x | Dkr-7.41 Million |
| 2012 | 2.74% | 1.80% | 1.21x | 1.26x | Dkr-11.44 Million |
| 2013 | 1.80% | 1.19% | 1.17x | 1.29x | Dkr-12.97 Million |
| 2014 | 4.49% | 2.58% | 1.36x | 1.28x | Dkr-8.86 Million |
| 2015 | 2.69% | 1.62% | 1.32x | 1.25x | Dkr-11.73 Million |
| 2016 | 3.84% | 2.35% | 1.28x | 1.28x | Dkr-10.01 Million |
| 2017 | 3.77% | 2.34% | 1.28x | 1.26x | Dkr-10.22 Million |
| 2018 | 4.02% | 2.43% | 1.32x | 1.26x | Dkr-9.94 Million |
| 2019 | 4.36% | 2.56% | 1.30x | 1.31x | Dkr-9.46 Million |
| 2020 | 5.01% | 2.90% | 1.18x | 1.46x | Dkr-8.50 Million |
| 2021 | 7.11% | 4.09% | 1.26x | 1.38x | Dkr-5.12 Million |
| 2022 | 9.11% | 5.01% | 1.33x | 1.36x | Dkr-1.67 Million |
| 2023 | 6.68% | 3.99% | 1.24x | 1.35x | Dkr-6.21 Million |
| 2024 | 7.05% | 4.25% | 1.22x | 1.36x | Dkr-5.67 Million |
| 2025 | 4.97% | 3.16% | 1.21x | 1.30x | Dkr-9.69 Million |
Industry Comparison
This section compares RIAS A/S's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $1,371,000,000
- Average return on equity (ROE) among peers: 10.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RIAS A/S (RIAS-B) | Dkr192.79 Million | 9.29% | 0.30x | $7.42 Million |
| H+H International A/S (HH) | $1.37 Billion | 10.87% | 0.98x | $141.52 Million |