RIAS A/S (RIAS-B) - Net Assets

Latest as of September 2025: Dkr192.79 Million DKK ≈ $30.16 Million USD

Based on the latest financial reports, RIAS A/S (RIAS-B) has net assets worth Dkr192.79 Million DKK (≈ $30.16 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 (Dkr249.76 Million ≈ $39.08 Million USD) and total liabilities (Dkr56.97 Million ≈ $8.91 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. Read RIAS A/S (RIAS-B) total liabilities for a breakdown of total debt and financial obligations.

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. Also explore RIAS-B current and non-current assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see RIAS A/S (RIAS-B) total market value.

Year	Net Assets	Change
2025-09-30	Dkr192.79 Million ≈ $30.16 Million	+0.29%
2024-09-30	Dkr192.24 Million ≈ $30.08 Million	+2.68%
2023-09-30	Dkr187.22 Million ≈ $29.29 Million	+0.52%
2022-09-30	Dkr186.24 Million ≈ $29.14 Million	+5.01%
2021-09-30	Dkr177.35 Million ≈ $27.75 Million	+4.02%
2020-09-30	Dkr170.51 Million ≈ $26.68 Million	+1.66%
2019-09-30	Dkr167.73 Million ≈ $26.24 Million	+0.93%
2018-09-30	Dkr166.18 Million ≈ $26.00 Million	+1.26%
2017-09-30	Dkr164.11 Million ≈ $25.68 Million	+0.97%
2016-09-30	Dkr162.53 Million ≈ $25.43 Million	+1.31%
2015-09-30	Dkr160.44 Million ≈ $25.10 Million	-0.19%
2014-09-30	Dkr160.74 Million ≈ $25.15 Million	+1.64%
2013-09-30	Dkr158.14 Million ≈ $24.74 Million	+0.34%
2012-09-30	Dkr157.61 Million ≈ $24.66 Million	+1.29%
2011-09-30	Dkr155.60 Million ≈ $24.34 Million	+4.71%
2010-09-30	Dkr148.60 Million ≈ $23.25 Million	+1.92%
2009-09-30	Dkr145.80 Million ≈ $22.81 Million	-0.07%
2008-09-30	Dkr145.91 Million ≈ $22.83 Million	+8.24%
2007-09-30	Dkr134.80 Million ≈ $21.09 Million	+8.70%
2006-09-30	Dkr124.02 Million ≈ $19.40 Million	+7.10%
2005-09-30	Dkr115.80 Million ≈ $18.12 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
Minco Silver Corporation TO:MSV	$21.84 Million
Kidoz Inc V:KIDZ	$21.85 Million
Blackrock World Mining Trust Plc LSE:BRWM	$21.85 Million
Mida Assets Public Company Limited BK:MIDA	$21.85 Million
Sidiz Inc KO:134790	$21.82 Million
InfoBank Corporation KQ:039290	$21.82 Million
Young Poong Pa KO:006740	$21.82 Million
Shinhwa Contech Co. Ltd KQ:187270	$21.82 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: 0.84x
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 1.39x to 0.84x 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	Dkr700.00	x
2006-09-30	Dkr537.73	Dkr700.00	x
2007-09-30	Dkr584.50	Dkr700.00	x
2008-09-30	Dkr632.66	Dkr700.00	x
2009-09-30	Dkr632.19	Dkr700.00	x
2010-09-30	Dkr644.34	Dkr700.00	x
2011-09-30	Dkr674.66	Dkr700.00	x
2012-09-30	Dkr683.38	Dkr700.00	x
2013-09-30	Dkr685.69	Dkr700.00	x
2014-09-30	Dkr696.96	Dkr700.00	x
2015-09-30	Dkr695.64	Dkr700.00	x
2016-09-30	Dkr704.73	Dkr700.00	x
2017-09-30	Dkr711.59	Dkr700.00	x
2018-09-30	Dkr720.53	Dkr700.00	x
2019-09-30	Dkr727.26	Dkr700.00	x
2020-09-30	Dkr739.31	Dkr700.00	x
2021-09-30	Dkr769.00	Dkr700.00	x
2022-09-30	Dkr807.53	Dkr700.00	x
2023-09-30	Dkr811.76	Dkr700.00	x
2024-09-30	Dkr833.53	Dkr700.00	x
2025-09-30	Dkr835.94	Dkr700.00	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: $1,003,000,000
Average return on equity (ROE) among peers: -66.00%

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	$21.84 Million
H+H International A/S (HH)	$1.00 Billion	-66.00%	1.65x	$264.55 Million

About RIAS A/S

CO:RIAS-B Denmark Building Materials

Market Cap

$21.84 Million

Dkr139.57 Million DKK

Market Cap Rank

#24863 Global

#109 in Denmark

Share Price

Dkr700.00

Change (1 day)

-3.45%

52-Week Range

Dkr620.00 - Dkr745.00

All Time High

Dkr745.00