Wirtek A/S
Wirtek A/S, an IT services and solutions, provides software development, testing, and consultancy services worldwide. The company offers digitalization, energy, workforce and facility management, wireless communication and automation, and trade and e-commerce; and embedded engineering, research and development, and quality assurance solutions. It also provides product solution portfolio for the e… Read more
Wirtek A/S (WIRTEK) - Net Assets
Latest net assets as of September 2025: Dkr14.07 Million DKK
Based on the latest financial reports, Wirtek A/S (WIRTEK) has net assets worth Dkr14.07 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 (Dkr32.49 Million) and total liabilities (Dkr18.41 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 | Dkr14.07 Million |
| % of Total Assets | 43.33% |
| Annual Growth Rate | 7.04% |
| 5-Year Change | 163.63% |
| 10-Year Change | 985.27% |
| Growth Volatility | 100.44 |
Wirtek A/S - Net Assets Trend (2005–2024)
This chart illustrates how Wirtek 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 Wirtek A/S (2005–2024)
The table below shows the annual net assets of Wirtek A/S from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr19.64 Million | +5.93% |
| 2023-12-31 | Dkr18.54 Million | +18.51% |
| 2022-12-31 | Dkr15.64 Million | +66.24% |
| 2021-12-31 | Dkr9.41 Million | +26.33% |
| 2020-12-31 | Dkr7.45 Million | +101.01% |
| 2019-12-31 | Dkr3.71 Million | +24.38% |
| 2018-12-31 | Dkr2.98 Million | +23.05% |
| 2017-12-31 | Dkr2.42 Million | +5.89% |
| 2016-12-31 | Dkr2.29 Million | +26.36% |
| 2015-12-31 | Dkr1.81 Million | +0.12% |
| 2014-12-31 | Dkr1.81 Million | +13.59% |
| 2013-12-31 | Dkr1.59 Million | +52.34% |
| 2012-12-31 | Dkr1.04 Million | +187.71% |
| 2011-12-31 | Dkr363.00K | +32.97% |
| 2010-12-31 | Dkr273.00K | -70.45% |
| 2009-12-31 | Dkr924.00K | -80.04% |
| 2008-12-31 | Dkr4.63 Million | -63.88% |
| 2007-12-31 | Dkr12.81 Million | -50.26% |
| 2006-12-31 | Dkr25.77 Million | +377.50% |
| 2005-12-31 | Dkr5.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wirtek 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 289.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr14.41 Million | 73.37% |
| Common Stock | Dkr1.19 Million | 6.05% |
| Other Components | Dkr4.04 Million | 20.58% |
| Total Equity | Dkr19.64 Million | 100.00% |
Wirtek A/S Competitors by Market Cap
The table below lists competitors of Wirtek A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AHB Holdings Bhd
KLSE:7315
|
$4.14 Million |
|
VERTEX PHARMACEUTIC
MU:VX1
|
$4.14 Million |
|
Longvie SA
BA:LONG
|
$4.14 Million |
|
Carl Data Solutions Inc
OTCQB:CDTAF
|
$4.14 Million |
|
International Graphite Ltd
AU:IG6
|
$4.14 Million |
|
Uranium Valley Mines Ltd.
V:VZZ
|
$4.14 Million |
|
Ancom Logistics Bhd
KLSE:0048
|
$4.14 Million |
|
UNION JACK OILLS -05
F:1UJ0
|
$4.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wirtek A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,539,000 to 19,638,000, a change of 1,099,000 (5.9%).
- Net income of 2,169,000 contributed positively to equity growth.
- Dividend payments of 2,937,000 reduced retained earnings.
- New share issuances of 1,853,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr2.17 Million | +11.04% |
| Dividends Paid | Dkr2.94 Million | -14.96% |
| Share Issuances | Dkr1.85 Million | +9.44% |
| Other Changes | Dkr14.00K | +0.07% |
| Total Change | Dkr- | 5.93% |
Book Value vs Market Value Analysis
This analysis compares Wirtek 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: 2.12x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.44x to 2.12x 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 | Dkr1.53 | Dkr5.25 | x |
| 2009-12-31 | Dkr0.31 | Dkr5.25 | x |
| 2010-12-31 | Dkr0.08 | Dkr5.25 | x |
| 2011-12-31 | Dkr0.05 | Dkr5.25 | x |
| 2012-12-31 | Dkr0.13 | Dkr5.25 | x |
| 2013-12-31 | Dkr0.27 | Dkr5.25 | x |
| 2014-12-31 | Dkr0.24 | Dkr5.25 | x |
| 2015-12-31 | Dkr0.29 | Dkr5.25 | x |
| 2016-12-31 | Dkr0.48 | Dkr5.25 | x |
| 2017-12-31 | Dkr0.32 | Dkr5.25 | x |
| 2018-12-31 | Dkr0.44 | Dkr5.25 | x |
| 2019-12-31 | Dkr0.54 | Dkr5.25 | x |
| 2020-12-31 | Dkr1.08 | Dkr5.25 | x |
| 2021-12-31 | Dkr1.30 | Dkr5.25 | x |
| 2022-12-31 | Dkr2.10 | Dkr5.25 | x |
| 2023-12-31 | Dkr2.45 | Dkr5.25 | x |
| 2024-12-31 | Dkr2.48 | Dkr5.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wirtek 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): 11.04%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.02%
- • Asset Turnover: 1.89x
- • Equity Multiplier: 1.94x
- Recent ROE (11.04%) is above the historical average (-43.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 3.73% | 4.10% | 0.81x | 1.12x | Dkr-1.62 Million |
| 2008 | -170.40% | -32.27% | 2.67x | 1.97x | Dkr-8.35 Million |
| 2009 | -385.28% | -38.78% | 4.08x | 2.43x | Dkr-3.65 Million |
| 2010 | -501.47% | -21.45% | 4.82x | 4.85x | Dkr-1.40 Million |
| 2011 | -216.80% | -18.15% | 2.78x | 4.29x | Dkr-823.30K |
| 2012 | 74.74% | 11.85% | 1.44x | 4.39x | Dkr676.19K |
| 2013 | 36.45% | 6.73% | 3.20x | 1.69x | Dkr420.88K |
| 2014 | 41.11% | 7.69% | 3.23x | 1.66x | Dkr562.22K |
| 2015 | 34.45% | 5.27% | 3.26x | 2.01x | Dkr442.38K |
| 2016 | 21.02% | 3.73% | 2.96x | 1.90x | Dkr251.91K |
| 2017 | 31.43% | 5.24% | 2.98x | 2.01x | Dkr518.94K |
| 2018 | 33.72% | 4.87% | 3.02x | 2.30x | Dkr706.62K |
| 2019 | 40.78% | 6.47% | 2.89x | 2.18x | Dkr1.14 Million |
| 2020 | 65.66% | 17.70% | 1.97x | 1.88x | Dkr4.15 Million |
| 2021 | 50.95% | 10.57% | 1.70x | 2.83x | Dkr3.85 Million |
| 2022 | 32.47% | 7.66% | 2.20x | 1.93x | Dkr3.51 Million |
| 2023 | 21.62% | 5.69% | 2.33x | 1.63x | Dkr2.15 Million |
| 2024 | 11.04% | 3.02% | 1.89x | 1.94x | Dkr205.20K |
Industry Comparison
This section compares Wirtek A/S's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $309,944,125
- Average return on equity (ROE) among peers: 21.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wirtek A/S (WIRTEK) | Dkr14.07 Million | 3.73% | 1.31x | $4.14 Million |
| Columbus A/S (COLUM) | $330.13 Million | 15.39% | 0.67x | $58.26 Million |
| Dataproces Group A/S (DATA) | $5.84 Million | 17.51% | 1.87x | $5.28K |
| Nnit AS (NNIT) | $846.47 Million | 25.48% | 0.88x | $62.36 Million |
| Trifork Holding AG (TRIFOR) | $57.33 Million | 26.58% | 1.13x | $187.71 Million |