HODL SPAC EUROPE AB (NW1) - Net Assets
Based on the latest financial reports, HODL SPAC EUROPE AB (NW1) has net assets worth €31.79 Million EUR (≈ $37.16 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 (€37.92 Million ≈ $44.33 Million USD) and total liabilities (€6.13 Million ≈ $7.17 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 HODL SPAC EUROPE AB balance sheet liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €31.79 Million |
| % of Total Assets | 83.82% |
| Annual Growth Rate | 31.31% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 81.62 |
HODL SPAC EUROPE AB - Net Assets Trend (2021–2025)
This chart illustrates how HODL SPAC EUROPE AB's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of HODL SPAC EUROPE AB for the complete picture of this company's asset base.
Annual Net Assets for HODL SPAC EUROPE AB (2021–2025)
The table below shows the annual net assets of HODL SPAC EUROPE AB from 2021 to 2025. For live valuation and market cap data, see NW1 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €31.79 Million ≈ $37.16 Million |
-25.14% |
| 2024-12-31 | €42.46 Million ≈ $49.64 Million |
-20.76% |
| 2023-12-31 | €53.58 Million ≈ $62.65 Million |
+84.37% |
| 2022-12-31 | €29.06 Million ≈ $33.98 Million |
+171.82% |
| 2021-12-31 | €10.69 Million ≈ $12.50 Million |
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Equity Component Analysis
This analysis shows how different components contribute to HODL SPAC EUROPE AB'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 1920762600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €51.22 Million | 161.13% |
| Total Equity | €31.78 Million | 100.00% |
HODL SPAC EUROPE AB Competitors by Market Cap
The table below lists competitors of HODL SPAC EUROPE AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chelverton UK Dividend Trust PLC
LSE:SDV
|
$373.53K |
|
Manx Financial Group Plc
LSE:MFX
|
$373.99K |
|
PROPHECY DEFI INC.
F:V8M
|
$374.62K |
|
XP Factory PLC
LSE:XPF
|
$384.70K |
|
ALBERT LABS INTL. CORP.
F:VB50
|
$372.07K |
|
James Cropper PLC
LSE:CRPR
|
$372.01K |
|
Jersey Oil and Gas PLC
LSE:JOG
|
$371.63K |
|
LIVE MOTION GAMES ZY -10
F:4YM
|
$370.80K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HODL SPAC EUROPE AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 38,940,000 to 31,784,642, a change of -7,155,358 (-18.4%).
- Net loss of 11,893,000 reduced equity.
- Other factors increased equity by 4,737,642.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-11.89 Million | -37.42% |
| Other Changes | €4.74 Million | +14.91% |
| Total Change | €- | -18.38% |
Book Value vs Market Value Analysis
This analysis compares HODL SPAC EUROPE AB'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: 0.01x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €1.27 | €0.02 | x |
| 2022-12-31 | €3.44 | €0.02 | x |
| 2023-12-31 | €4.12 | €0.02 | x |
| 2024-12-31 | €2.99 | €0.02 | x |
| 2025-12-31 | €2.44 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HODL SPAC EUROPE AB 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): -37.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -68.30%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.19x
- Recent ROE (-37.42%) is below the historical average (-14.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -2.16% | 0.00% | 0.00x | 1.00x | €-3.53 Million |
| 2023 | 6.01% | 7.26% | 0.74x | 1.12x | €-2.14 Million |
| 2024 | -25.44% | -44.18% | 0.48x | 1.20x | €-13.80 Million |
| 2025 | -37.42% | -68.30% | 0.46x | 1.19x | €-15.07 Million |
Industry Comparison
This section compares HODL SPAC EUROPE AB's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $11,000,028,607
- Average return on equity (ROE) among peers: 2.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HODL SPAC EUROPE AB (NW1) | €31.79 Million | -2.16% | 0.19x | $373.18K |
| COLUMBUS ENERGY S.A. ZY 7 (0Q8) | $-40.69 Million | 0.00% | 0.00x | $45.03 Million |
| Xinyi Solar Holdings Ltd (13X) | $3.31 Billion | 14.91% | 0.74x | $3.02 Billion |
| XINYI SOLAR UNSP.ADR/20 (13X0) | $34.94 Billion | 2.42% | 0.63x | $2.88 Billion |
| TECH INVEST GROUP ZY-02 (6N2) | $5.65 Million | -7.07% | 2.00x | $2.27 Million |
| FLAT GLASS GROUP H YC-25 (72T) | $21.78 Billion | 4.62% | 0.97x | $459.61 Million |
| COMTEC SOLAR SYS HD -004 (8C11) | $-164.15 Million | 0.00% | 0.00x | $7.95 Million |
| XINTE ENERGY CO. CL.H YC1 (9M7) | $37.05 Billion | -3.25% | 1.22x | $263.87 Million |
| 7C Solarparken AG (HRPK) | $250.16 Million | 4.03% | 1.26x | $130.67 Million |
| Global PVQ SE (QCE) | $1.88 Billion | 10.16% | 0.51x | $247.40K |
About HODL SPAC EUROPE AB
Windon Energy Group AB operates in the energy sector. The company offers solar panels, inverters, batteries, wind turbines, and assembly materials. It also provides mounting system. The company was formerly known as HODL SPAC Europe AB and changed its name to Windon Energy Group AB in June 2023. The company was incorporated in 2021 and is based in Norrköping, Sweden.