Solar A/S
Solar A/S operates as a sourcing and services company in electrical, heating and plumbing, ventilation, and climate and energy solutions in Denmark, Sweden, Norway, The Netherlands, and Poland. It operates through three segments: Installation, Industry, and Trade. The company offers EV chargers, data and security, renewable energy, heating and plumbing, ventilation, lighting, cable, and electrica… Read more
Solar A/S (SOLAR-B) - Net Assets
Latest net assets as of December 2025: Dkr2.00 Billion DKK
Based on the latest financial reports, Solar A/S (SOLAR-B) has net assets worth Dkr2.00 Billion DKK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr6.30 Billion) and total liabilities (Dkr4.30 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 | Dkr2.00 Billion |
| % of Total Assets | 31.7% |
| Annual Growth Rate | 1.59% |
| 5-Year Change | 2.25% |
| 10-Year Change | 18.6% |
| Growth Volatility | 9.95 |
Solar A/S - Net Assets Trend (2005–2025)
This chart illustrates how Solar 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 Solar A/S (2005–2025)
The table below shows the annual net assets of Solar A/S from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Dkr2.00 Billion | +6.51% |
| 2024-12-31 | Dkr1.87 Billion | -5.45% |
| 2023-12-31 | Dkr1.98 Billion | +2.64% |
| 2022-12-31 | Dkr1.93 Billion | -1.08% |
| 2021-12-31 | Dkr1.95 Billion | +15.09% |
| 2020-12-31 | Dkr1.70 Billion | +6.53% |
| 2019-12-31 | Dkr1.59 Billion | -2.81% |
| 2018-12-31 | Dkr1.64 Billion | +2.95% |
| 2017-12-31 | Dkr1.59 Billion | -5.47% |
| 2016-12-31 | Dkr1.68 Billion | -8.08% |
| 2015-12-31 | Dkr1.83 Billion | +5.72% |
| 2014-12-31 | Dkr1.73 Billion | -19.00% |
| 2013-12-31 | Dkr2.14 Billion | -2.80% |
| 2012-12-31 | Dkr2.20 Billion | +4.97% |
| 2011-12-31 | Dkr2.10 Billion | -1.34% |
| 2010-12-31 | Dkr2.12 Billion | +10.34% |
| 2009-12-31 | Dkr1.92 Billion | +26.10% |
| 2008-12-31 | Dkr1.53 Billion | -10.60% |
| 2007-12-31 | Dkr1.71 Billion | +16.58% |
| 2006-12-31 | Dkr1.46 Billion | +0.65% |
| 2005-12-31 | Dkr1.46 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Solar 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 145.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr1.34 Billion | 68.97% |
| Common Stock | Dkr801.00 Million | 41.08% |
| Other Comprehensive Income | Dkr-196.00 Million | -10.05% |
| Total Equity | Dkr1.95 Billion | 100.00% |
Solar A/S Competitors by Market Cap
The table below lists competitors of Solar A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SOLSTAD OFFSHORE NK 1
F:SZL
|
$164.04 Million |
|
PAM Mineral Tbk PT
JK:NICL
|
$164.11 Million |
|
Oyak Yatirim Menkul Degerler AS
IS:OYYAT
|
$164.19 Million |
|
Cuckoo Electronics Co Ltd
KO:192400
|
$164.20 Million |
|
Orogen Royalties Inc
PINK:OGNRF
|
$164.01 Million |
|
EML Payments Limited
PINK:EMCHF
|
$163.90 Million |
|
MLP Group S.A.
WAR:MLG
|
$163.87 Million |
|
Global Atomic Corp
OTCQX:GLATF
|
$163.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solar A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,828,000,000 to 1,950,000,000, a change of 122,000,000 (6.7%).
- Net income of 74,000,000 contributed positively to equity growth.
- Dividend payments of 110,000,000 reduced retained earnings.
- New share issuances of 120,000,000 increased equity.
- Other comprehensive income increased equity by 38,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr74.00 Million | +3.79% |
| Dividends Paid | Dkr110.00 Million | -5.64% |
| Share Issuances | Dkr120.00 Million | +6.15% |
| Other Comprehensive Income | Dkr38.00 Million | +1.95% |
| Total Change | Dkr- | 6.67% |
Book Value vs Market Value Analysis
This analysis compares Solar 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: 0.76x
- 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 1.00x to 0.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | Dkr199.09 | Dkr199.00 | x |
| 2006-12-31 | Dkr207.17 | Dkr199.00 | x |
| 2007-12-31 | Dkr245.19 | Dkr199.00 | x |
| 2008-12-31 | Dkr223.87 | Dkr199.00 | x |
| 2009-12-31 | Dkr281.92 | Dkr199.00 | x |
| 2010-12-31 | Dkr269.40 | Dkr199.00 | x |
| 2011-12-31 | Dkr266.18 | Dkr199.00 | x |
| 2012-12-31 | Dkr279.86 | Dkr199.00 | x |
| 2013-12-31 | Dkr272.15 | Dkr199.00 | x |
| 2014-12-31 | Dkr220.19 | Dkr199.00 | x |
| 2015-12-31 | Dkr232.60 | Dkr199.00 | x |
| 2016-12-31 | Dkr221.98 | Dkr199.00 | x |
| 2017-12-31 | Dkr217.71 | Dkr199.00 | x |
| 2018-12-31 | Dkr224.24 | Dkr199.00 | x |
| 2019-12-31 | Dkr218.13 | Dkr199.00 | x |
| 2020-12-31 | Dkr232.09 | Dkr199.00 | x |
| 2021-12-31 | Dkr266.50 | Dkr199.00 | x |
| 2022-12-31 | Dkr263.47 | Dkr199.00 | x |
| 2023-12-31 | Dkr263.60 | Dkr199.00 | x |
| 2024-12-31 | Dkr249.37 | Dkr199.00 | x |
| 2025-12-31 | Dkr262.90 | Dkr199.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solar 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): 3.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.61%
- • Asset Turnover: 1.93x
- • Equity Multiplier: 3.23x
- Recent ROE (3.79%) is below the historical average (10.92%), 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 | 15.70% | 3.36% | 2.50x | 1.87x | Dkr82.95 Million |
| 2006 | 22.30% | 4.08% | 2.31x | 2.37x | Dkr180.18 Million |
| 2007 | 20.74% | 3.47% | 2.52x | 2.37x | Dkr183.42 Million |
| 2008 | 15.12% | 2.07% | 2.48x | 2.95x | Dkr78.19 Million |
| 2009 | 3.90% | 0.71% | 2.31x | 2.40x | Dkr-117.34 Million |
| 2010 | 8.63% | 1.76% | 2.05x | 2.40x | Dkr-29.00 Million |
| 2011 | 4.32% | 0.80% | 2.12x | 2.56x | Dkr-118.97 Million |
| 2012 | 5.33% | 0.92% | 2.22x | 2.60x | Dkr-102.82 Million |
| 2013 | 1.05% | 0.20% | 2.30x | 2.32x | Dkr-191.44 Million |
| 2014 | -10.39% | -1.76% | 2.24x | 2.64x | Dkr-353.20 Million |
| 2015 | 9.12% | 1.58% | 2.27x | 2.55x | Dkr-16.10 Million |
| 2016 | 7.43% | 1.13% | 2.46x | 2.68x | Dkr-43.30 Million |
| 2017 | 6.35% | 0.91% | 2.35x | 2.96x | Dkr-58.10 Million |
| 2018 | 11.11% | 1.64% | 2.40x | 2.83x | Dkr18.20 Million |
| 2019 | 4.02% | 0.55% | 2.34x | 3.13x | Dkr-95.20 Million |
| 2020 | 13.09% | 1.94% | 2.49x | 2.72x | Dkr52.40 Million |
| 2021 | 27.20% | 4.30% | 2.33x | 2.72x | Dkr335.80 Million |
| 2022 | 34.18% | 4.76% | 2.35x | 3.06x | Dkr466.90 Million |
| 2023 | 17.96% | 2.66% | 2.13x | 3.16x | Dkr153.80 Million |
| 2024 | 8.26% | 1.24% | 2.00x | 3.34x | Dkr-31.80 Million |
| 2025 | 3.79% | 0.61% | 1.93x | 3.23x | Dkr-121.00 Million |
Industry Comparison
This section compares Solar A/S's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
No peer company data available for comparison.