Wirtek A/S (WIRTEK) - Net Assets

Latest as of December 2025: Dkr14.35 Million DKK ≈ $2.24 Million USD

Based on the latest financial reports, Wirtek A/S (WIRTEK) has net assets worth Dkr14.35 Million DKK (≈ $2.24 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr32.66 Million ≈ $5.11 Million USD) and total liabilities (Dkr18.31 Million ≈ $2.87 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. Check asset resilience ratio of Wirtek A/S to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Dkr14.35 Million
% of Total Assets 43.93%
Annual Growth Rate 5.01%
5-Year Change 52.45%
10-Year Change 527.41%
Growth Volatility 98.87

Wirtek A/S - Net Assets Trend (2005–2025)

This chart illustrates how Wirtek A/S's net assets have evolved over time, based on quarterly financial data. Also explore WIRTEK current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Wirtek A/S (2005–2025)

The table below shows the annual net assets of Wirtek A/S from 2005 to 2025. For live valuation and market cap data, see WIRTEK market cap.

Year Net Assets Change
2025-12-31 Dkr14.35 Million
≈ $2.24 Million
-26.95%
2024-12-31 Dkr19.64 Million
≈ $3.07 Million
+5.93%
2023-12-31 Dkr18.54 Million
≈ $2.90 Million
+18.51%
2022-12-31 Dkr15.64 Million
≈ $2.45 Million
+66.24%
2021-12-31 Dkr9.41 Million
≈ $1.47 Million
+26.33%
2020-12-31 Dkr7.45 Million
≈ $1.17 Million
+101.01%
2019-12-31 Dkr3.71 Million
≈ $579.79K
+24.38%
2018-12-31 Dkr2.98 Million
≈ $466.15K
+23.05%
2017-12-31 Dkr2.42 Million
≈ $378.83K
+5.89%
2016-12-31 Dkr2.29 Million
≈ $357.75K
+26.36%
2015-12-31 Dkr1.81 Million
≈ $283.11K
+0.12%
2014-12-31 Dkr1.81 Million
≈ $282.76K
+13.59%
2013-12-31 Dkr1.59 Million
≈ $248.92K
+52.34%
2012-12-31 Dkr1.04 Million
≈ $163.40K
+187.71%
2011-12-31 Dkr363.00K
≈ $56.79K
+32.97%
2010-12-31 Dkr273.00K
≈ $42.71K
-70.45%
2009-12-31 Dkr924.00K
≈ $144.57K
-80.04%
2008-12-31 Dkr4.63 Million
≈ $724.24K
-63.88%
2007-12-31 Dkr12.81 Million
≈ $2.01 Million
-50.26%
2006-12-31 Dkr25.77 Million
≈ $4.03 Million
+377.50%
2005-12-31 Dkr5.40 Million
≈ $844.24K
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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 159.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings Dkr9.61 Million 66.96%
Common Stock Dkr1.19 Million 8.28%
Other Comprehensive Income Dkr3.55 Million 24.76%
Total Equity Dkr14.35 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
Zephyr Minerals Ltd
V:ZFR
$5.33 Million
Wickes Group PLC
LSE:WIX
$5.33 Million
C&C Group plc
LSE:CCR
$5.33 Million
Golden State Mining Ltd
AU:GSM
$5.33 Million
Volt Carbon Technologies Inc
V:VCT
$5.33 Million
Harworth Group PLC
LSE:HWG
$5.33 Million
Nikola Corp
NASDAQ:NKLA
$5.32 Million
Rostra AG
F:3330
$5.32 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 2024 to 2025, total equity changed from 19,638,000 to 14,346,000, a change of -5,292,000 (-26.9%).
  • Net loss of 2,656,000 reduced equity.
  • Dividend payments of 1,787,000 reduced retained earnings.
  • Share repurchases of 985,000 reduced equity.
  • New share issuances of 478,000 increased equity.
  • Other comprehensive income increased equity by 3,552,000.
  • Other factors decreased equity by 3,894,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Dkr-2.66 Million -18.51%
Dividends Paid Dkr1.79 Million -12.46%
Share Repurchases Dkr985.00K -6.87%
Share Issuances Dkr478.00K +3.33%
Other Comprehensive Income Dkr3.55 Million +24.76%
Other Changes Dkr-3.89 Million -27.14%
Total Change Dkr- -26.95%

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: 2.35x
  • 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 2.82x to 2.35x 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 Dkr4.30 x
2009-12-31 Dkr0.31 Dkr4.30 x
2010-12-31 Dkr0.08 Dkr4.30 x
2011-12-31 Dkr0.05 Dkr4.30 x
2012-12-31 Dkr0.13 Dkr4.30 x
2013-12-31 Dkr0.27 Dkr4.30 x
2014-12-31 Dkr0.24 Dkr4.30 x
2015-12-31 Dkr0.29 Dkr4.30 x
2016-12-31 Dkr0.48 Dkr4.30 x
2017-12-31 Dkr0.32 Dkr4.30 x
2018-12-31 Dkr0.44 Dkr4.30 x
2019-12-31 Dkr0.54 Dkr4.30 x
2020-12-31 Dkr1.08 Dkr4.30 x
2021-12-31 Dkr1.30 Dkr4.30 x
2022-12-31 Dkr2.10 Dkr4.30 x
2023-12-31 Dkr2.45 Dkr4.30 x
2024-12-31 Dkr2.48 Dkr4.30 x
2025-12-31 Dkr1.83 Dkr4.30 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): -18.51%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -4.13%
  • • Asset Turnover: 1.97x
  • • Equity Multiplier: 2.28x
  • Recent ROE (-18.51%) is above the historical average (-41.75%), 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
2025 -18.51% -4.13% 1.97x 2.28x Dkr-4.09 Million

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: $327,741,464
  • Average return on equity (ROE) among peers: 48.53%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Wirtek A/S (WIRTEK) Dkr14.35 Million 3.73% 1.28x $5.33 Million
Columbus A/S (COLUM) $471.59 Million 17.16% 0.78x $202.08 Million
Dataproces Group A/S (DATA) $4.58 Million 49.79% 0.15x $29.96 Million
Netcompany Group A/S (NETC) $67.68 Million 129.59% 2.49x $2.65 Billion
Nnit AS (NNIT) $1.08 Billion 21.72% 1.35x $172.54 Million
Trifork Holding AG (TRIFOR) $9.93 Million 24.39% 1.68x $276.29 Million

About Wirtek A/S

CO:WIRTEK Denmark Information Technology Services
Market Cap
$5.33 Million
Dkr34.06 Million DKK
Market Cap Rank
#28234 Global
#135 in Denmark
Share Price
Dkr4.30
Change (1 day)
-6.52%
52-Week Range
Dkr4.18 - Dkr6.50
All Time High
Dkr28.26
About

Wirtek A/S, an IT services and solutions, provides software development, testing, and consultancy services in the United States, Denmark, Portugal, the Netherlands, Austria, Romania, and United Kingdom. The company offers software development services, such as product engineering, software engineering, system modernisation, mobile and app development, monitoring and maintenance, quality assurance… Read more