Svitzer Group A/S (SVITZR) - Net Assets
Based on the latest financial reports, Svitzer Group A/S (SVITZR) has net assets worth Dkr6.80 Billion DKK (≈ $1.06 Billion USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr12.43 Billion ≈ $1.94 Billion USD) and total liabilities (Dkr5.62 Billion ≈ $879.60 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 Svitzer Group A/S total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Dkr6.80 Billion |
| % of Total Assets | 54.75% |
| Annual Growth Rate | -25.95% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 27.12 |
Svitzer Group A/S - Net Assets Trend (2021–2023)
This chart illustrates how Svitzer Group A/S's net assets have evolved over time, based on quarterly financial data. Also explore SVITZR current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Svitzer Group A/S (2021–2023)
The table below shows the annual net assets of Svitzer Group A/S from 2021 to 2023. For live valuation and market cap data, see SVITZR company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | Dkr6.38 Billion ≈ $998.04 Million |
-48.24% |
| 2022-12-31 | Dkr12.32 Billion ≈ $1.93 Billion |
+5.99% |
| 2021-12-31 | Dkr11.63 Billion ≈ $1.82 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Svitzer Group 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 decreased by 69.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr2.17 Billion | 34.81% |
| Common Stock | Dkr421.00 Million | 6.77% |
| Other Comprehensive Income | Dkr3.64 Billion | 58.43% |
| Total Equity | Dkr6.22 Billion | 100.00% |
Svitzer Group A/S Competitors by Market Cap
The table below lists competitors of Svitzer Group A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tanac Automation Co Ltd
SHE:300461
|
$1.36 Billion |
|
Dalata Hotel Group Plc
IR:DHG
|
$1.36 Billion |
|
American Axle & Manufacturing
NYSE:AXL
|
$1.36 Billion |
|
Bell AG
SW:BELL
|
$1.36 Billion |
|
Natural Resource Partners LP
NYSE:NRP
|
$1.36 Billion |
|
One Software Technologies Ltd
TA:ONE
|
$1.36 Billion |
|
CJ Korea Express
KO:000120
|
$1.36 Billion |
|
He Bei Cheng De LoLo Co Ltd
SHE:000848
|
$1.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Svitzer Group A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 11,927,000,000 to 6,223,000,000, a change of -5,704,000,000 (-47.8%).
- Net income of 705,000,000 contributed positively to equity growth.
- Dividend payments of 6,216,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 200,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr705.00 Million | +11.33% |
| Dividends Paid | Dkr6.22 Billion | -99.89% |
| Other Comprehensive Income | Dkr-200.00 Million | -3.21% |
| Other Changes | Dkr7.00 Million | +0.11% |
| Total Change | Dkr- | -47.82% |
Book Value vs Market Value Analysis
This analysis compares Svitzer Group 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: 1.40x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.77x to 1.40x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | Dkr356.08 | Dkr275.80 | x |
| 2022-12-31 | Dkr378.05 | Dkr275.80 | x |
| 2023-12-31 | Dkr197.25 | Dkr275.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Svitzer Group 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): 11.33%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.18%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 2.31x
- Recent ROE (11.33%) is above the historical average (7.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 4.78% | 11.54% | 0.34x | 1.21x | Dkr-586.40 Million |
| 2022 | 5.01% | 10.92% | 0.38x | 1.21x | Dkr-594.70 Million |
| 2023 | 11.33% | 12.18% | 0.40x | 2.31x | Dkr82.70 Million |
Industry Comparison
This section compares Svitzer Group A/S's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $19,777,460,970
- Average return on equity (ROE) among peers: 53.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Svitzer Group A/S (SVITZR) | Dkr6.80 Billion | 4.78% | 0.83x | $1.36 Billion |
| DFDS A/S (DFDS) | $6.96 Billion | 10.55% | 0.84x | $1.19 Billion |
| Dampskibsselskabet Norden AS (DNORD) | $801.41 Million | -5.69% | 0.62x | $1.37 Billion |
| Erria A/S (ERRIA) | $3.85 Million | 242.39% | 16.93x | $6.88 Million |
| A.P. Møller - Mærsk A/S (MAERSK-A) | $34.42 Billion | 14.62% | 0.94x | $20.96 Billion |
| A.P. Møller - Mærsk A/S (MAERSK-B) | $56.70 Billion | 4.81% | 0.56x | $11.05 Billion |
About Svitzer Group A/S
Svitzer Group A/S, together with its subsidiaries, provides port and terminal infrastructure services in Australia, Denmark, Argentina, Brazil, Egypt, the Netherlands, Panama, Oman, Sweden, the United Kingdom, Europe, the Americas, Asia, the Middle East, Africa, and internationally. The company offers berthing and unberthing, escort towage, maneuvering, standby, firefighting, line handling, jetty… Read more