Honkarakenne Oyj B (HONBS) - Net Assets

Latest as of December 2025: €9.50 Million EUR ≈ $11.11 Million USD

Based on the latest financial reports, Honkarakenne Oyj B (HONBS) has net assets worth €9.50 Million EUR (≈ $11.11 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 (€21.80 Million ≈ $25.49 Million USD) and total liabilities (€12.30 Million ≈ $14.38 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 HONBS asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€9.50 Million
% of Total Assets	43.58%
Annual Growth Rate	-10.85%
5-Year Change	-43.78%
10-Year Change	42.26%
Growth Volatility	24.52

Honkarakenne Oyj B - Net Assets Trend (2000–2025)

This chart illustrates how Honkarakenne Oyj B's net assets have evolved over time, based on quarterly financial data. Also explore HONBS asset base for the complete picture of this company's asset base.

Annual Net Assets for Honkarakenne Oyj B (2000–2025)

The table below shows the annual net assets of Honkarakenne Oyj B from 2000 to 2025. For live valuation and market cap data, see market value of Honkarakenne Oyj B.

Year	Net Assets	Change
2025-12-31	€9.50 Million ≈ $11.11 Million	-30.66%
2024-12-31	€13.70 Million ≈ $16.02 Million	-16.72%
2023-12-31	€16.45 Million ≈ $19.23 Million	-9.66%
2022-12-31	€18.21 Million ≈ $21.29 Million	+7.76%
2021-12-31	€16.90 Million ≈ $19.76 Million	+15.56%
2020-12-31	€14.62 Million ≈ $17.10 Million	+16.62%
2019-12-31	€12.54 Million ≈ $14.66 Million	+23.77%
2018-12-31	€10.13 Million ≈ $11.84 Million	+13.11%
2017-12-31	€8.96 Million ≈ $10.47 Million	+34.13%
2016-12-31	€6.68 Million ≈ $7.81 Million	-16.42%
2015-12-31	€7.99 Million ≈ $9.34 Million	-10.44%
2014-12-31	€8.92 Million ≈ $10.43 Million	-17.28%
2013-12-31	€10.78 Million ≈ $12.61 Million	-17.79%
2012-12-31	€13.12 Million ≈ $15.34 Million	-27.54%
2011-12-31	€18.10 Million ≈ $21.16 Million	+3.20%
2010-12-31	€17.54 Million ≈ $20.51 Million	+42.62%
2009-12-31	€12.30 Million ≈ $14.38 Million	-23.60%
2008-12-31	€16.10 Million ≈ $18.82 Million	-13.44%
2007-12-31	€18.60 Million ≈ $21.75 Million	+5.68%
2006-12-31	€17.60 Million ≈ $20.58 Million	-8.81%
2005-12-31	€19.30 Million ≈ $22.56 Million	-8.96%
2004-12-31	€21.20 Million ≈ $24.79 Million	-15.76%
2003-12-31	€25.16 Million ≈ $29.42 Million	+5.35%
2002-12-31	€23.89 Million ≈ $27.93 Million	-5.91%
2001-12-31	€25.39 Million ≈ $29.68 Million	-84.85%
2000-12-31	€167.62 Million ≈ $195.97 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Honkarakenne Oyj B'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 106.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	€9.90 Million	103.13%
Other Comprehensive Income	€100.00K	1.04%
Other Components	€3.60 Million	37.50%
Total Equity	€9.60 Million	100.00%

Honkarakenne Oyj B Competitors by Market Cap

The table below lists competitors of Honkarakenne Oyj B ranked by their market capitalization.

Company	Market Cap
Reko International Group Inc V:REKO	$15.32 Million
Dreamland Limited Class A Ordinary Shares NASDAQ:TDIC	$15.32 Million
Rubicon Water Ltd AU:RWL	$15.33 Million
Intrusion Inc NASDAQ:INTZ	$15.34 Million
3R Games SA WAR:3RG	$15.29 Million
SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS IS:SANEL	$15.28 Million
Pimpinan Eshan Bhd KLSE:5622	$15.27 Million
Climeon AB (publ) ST:CLIME-B	$15.27 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Honkarakenne Oyj B's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 13,700,000 to 9,600,000, a change of -4,100,000 (-29.9%).
Net loss of 4,099,999 reduced equity.
Other comprehensive income decreased equity by 3,925,000.
Other factors increased equity by 3,924,999.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€-4.10 Million	-42.71%
Other Comprehensive Income	€-3.92 Million	-40.89%
Other Changes	€3.92 Million	+40.89%
Total Change	€-	-29.93%

Book Value vs Market Value Analysis

This analysis compares Honkarakenne Oyj B'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: 1.46x
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 0.43x to 1.46x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-12-31	€5.51	€2.38	x
2005-12-31	€4.93	€2.38	x
2006-12-31	€4.62	€2.38	x
2007-12-31	€5.09	€2.38	x
2008-12-31	€4.68	€2.38	x
2009-12-31	€2.60	€2.38	x
2010-12-31	€3.66	€2.38	x
2011-12-31	€3.72	€2.38	x
2012-12-31	€2.69	€2.38	x
2013-12-31	€2.20	€2.38	x
2014-12-31	€1.80	€2.38	x
2015-12-31	€1.61	€2.38	x
2016-12-31	€1.34	€2.38	x
2017-12-31	€1.58	€2.38	x
2018-12-31	€1.73	€2.38	x
2019-12-31	€2.14	€2.38	x
2020-12-31	€2.49	€2.38	x
2021-12-31	€2.88	€2.38	x
2022-12-31	€3.10	€2.38	x
2023-12-31	€2.79	€2.38	x
2024-12-31	€2.33	€2.38	x
2025-12-31	€1.63	€2.38	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Honkarakenne Oyj B 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): -42.71%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -11.02%
• Asset Turnover: 1.71x
• Equity Multiplier: 2.27x
Recent ROE (-42.71%) is below the historical average (-4.31%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	7.08%	1.82%	1.33x	2.91x	€-620.00K
2005	-4.66%	-1.15%	1.39x	2.91x	€-2.83 Million
2006	-9.09%	-1.88%	1.44x	3.34x	€-3.36 Million
2007	10.22%	2.03%	1.76x	2.85x	€40.00K
2008	-6.83%	-1.40%	1.42x	3.43x	€-2.71 Million
2009	-30.08%	-7.07%	1.08x	3.93x	€-4.93 Million
2010	6.30%	1.88%	1.25x	2.68x	€-642.20K
2011	4.62%	1.50%	1.41x	2.19x	€-961.10K
2012	-33.53%	-9.36%	1.35x	2.65x	€-5.62 Million
2013	-14.62%	-3.20%	1.42x	3.22x	€-2.60 Million
2014	-22.21%	-4.25%	1.63x	3.20x	€-2.81 Million
2015	-14.06%	-2.80%	1.57x	3.20x	€-1.87 Million
2016	-21.52%	-3.98%	1.81x	2.99x	€-2.10 Million
2017	9.73%	2.01%	1.97x	2.47x	€-24.30K
2018	11.61%	2.41%	2.26x	2.14x	€163.40K
2019	18.51%	4.88%	1.70x	2.23x	€1.07 Million
2020	19.24%	5.32%	1.62x	2.23x	€1.35 Million
2021	19.55%	4.74%	1.80x	2.29x	€1.61 Million
2022	15.22%	3.76%	2.02x	2.01x	€950.90K
2023	-1.45%	-0.52%	1.54x	1.83x	€-1.88 Million
2024	-16.06%	-5.99%	1.38x	1.95x	€-3.57 Million
2025	-42.71%	-11.02%	1.71x	2.27x	€-5.06 Million

Industry Comparison

This section compares Honkarakenne Oyj B's net assets metrics with peer companies in the Residential Construction industry.

No peer company data available for comparison.

About Honkarakenne Oyj B

HE:HONBS Finland Residential Construction

Market Cap

$15.55 Million

€13.30 Million EUR

Market Cap Rank

#25935 Global

#139 in Finland

Share Price

€2.38

Change (1 day)

+0.00%

52-Week Range

€2.20 - €3.15

All Time High

€7.07