Martela Oyj A (MARAS) - Net Assets
Based on the latest financial reports, Martela Oyj A (MARAS) has net assets worth €-1.49 Million EUR (≈ $-1.74 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€45.99 Million ≈ $53.77 Million USD) and total liabilities (€47.48 Million ≈ $55.51 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 Martela Oyj A (MARAS) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-1.49 Million |
| % of Total Assets | -3.23% |
| Annual Growth Rate | -20.82% |
| 5-Year Change | -89.67% |
| 10-Year Change | -94.89% |
| Growth Volatility | 27.95 |
Martela Oyj A - Net Assets Trend (2000–2024)
This chart illustrates how Martela Oyj A's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Martela Oyj A for the complete picture of this company's asset base.
Annual Net Assets for Martela Oyj A (2000–2024)
The table below shows the annual net assets of Martela Oyj A from 2000 to 2024. For live valuation and market cap data, see MARAS stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.16 Million ≈ $1.35 Million |
-87.88% |
| 2023-12-31 | €9.56 Million ≈ $11.17 Million |
-30.98% |
| 2022-12-31 | €13.85 Million ≈ $16.19 Million |
+28.71% |
| 2021-12-31 | €10.76 Million ≈ $12.58 Million |
-4.02% |
| 2020-12-31 | €11.21 Million ≈ $13.11 Million |
-28.77% |
| 2019-12-31 | €15.74 Million ≈ $18.40 Million |
-16.24% |
| 2018-12-31 | €18.79 Million ≈ $21.97 Million |
-16.95% |
| 2017-12-31 | €22.63 Million ≈ $26.45 Million |
-10.12% |
| 2016-12-31 | €25.17 Million ≈ $29.43 Million |
+11.08% |
| 2015-12-31 | €22.66 Million ≈ $26.49 Million |
+11.53% |
| 2014-12-31 | €20.32 Million ≈ $23.76 Million |
-6.80% |
| 2013-12-31 | €21.80 Million ≈ $25.49 Million |
-19.45% |
| 2012-12-31 | €27.07 Million ≈ $31.64 Million |
-12.00% |
| 2011-12-31 | €30.76 Million ≈ $35.96 Million |
-1.32% |
| 2010-12-31 | €31.17 Million ≈ $36.44 Million |
-1.87% |
| 2009-12-31 | €31.76 Million ≈ $37.13 Million |
-5.87% |
| 2008-12-31 | €33.74 Million ≈ $39.45 Million |
+14.34% |
| 2007-12-31 | €29.51 Million ≈ $34.50 Million |
+18.40% |
| 2006-12-31 | €24.93 Million ≈ $29.14 Million |
+9.15% |
| 2005-12-31 | €22.84 Million ≈ $26.70 Million |
+19.50% |
| 2004-12-31 | €19.11 Million ≈ $22.34 Million |
-14.91% |
| 2003-12-31 | €22.46 Million ≈ $26.26 Million |
-36.62% |
| 2002-12-31 | €35.44 Million ≈ $41.43 Million |
-29.19% |
| 2001-12-31 | €50.04 Million ≈ $58.50 Million |
-84.08% |
| 2000-12-31 | €314.32 Million ≈ $367.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Martela Oyj A'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 103.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €7.00 Million | 604.49% |
| Other Components | €1.30 Million | 112.69% |
| Total Equity | €1.16 Million | 100.00% |
Martela Oyj A Competitors by Market Cap
The table below lists competitors of Martela Oyj A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZW Data Action Technologies Inc
NASDAQ:CNET
|
$2.35 Million |
|
Shyam Telecom Limited
NSE:SHYAMTEL
|
$2.35 Million |
|
Qlucore AB
ST:QCORE
|
$2.35 Million |
|
Millennium Food-Tech LP
TA:MIFT
|
$2.36 Million |
|
Appulse Corp
V:APL
|
$2.35 Million |
|
Orexplore Technologies Ltd
AU:OXT
|
$2.35 Million |
|
DIRECTA PLUS PLC LS-0025
F:88K
|
$2.35 Million |
|
INEO Tech Corp
V:INEO
|
$2.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Martela Oyj A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,558,000 to 1,158,000, a change of -8,400,000 (-87.9%).
- Net loss of 8,692,000 reduced equity.
- Share repurchases of 43,000 reduced equity.
- New share issuances of 43,000 increased equity.
- Other comprehensive income increased equity by 83,999.
- Other factors increased equity by 208,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-8.69 Million | -750.6% |
| Share Repurchases | €43.00K | -3.71% |
| Share Issuances | €43.00K | +3.71% |
| Other Comprehensive Income | €84.00K | +7.25% |
| Other Changes | €208.00K | +17.96% |
| Total Change | €- | -87.88% |
Book Value vs Market Value Analysis
This analysis compares Martela Oyj A'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: 2.00x
- 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 0.06x to 2.00x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €8.53 | €0.50 | x |
| 2003-12-31 | €5.40 | €0.50 | x |
| 2004-12-31 | €4.73 | €0.50 | x |
| 2005-12-31 | €5.50 | €0.50 | x |
| 2006-12-31 | €6.41 | €0.50 | x |
| 2007-12-31 | €7.22 | €0.50 | x |
| 2008-12-31 | €8.47 | €0.50 | x |
| 2009-12-31 | €7.88 | €0.50 | x |
| 2010-12-31 | €7.74 | €0.50 | x |
| 2011-12-31 | €7.60 | €0.50 | x |
| 2012-12-31 | €6.68 | €0.50 | x |
| 2013-12-31 | €5.38 | €0.50 | x |
| 2014-12-31 | €5.02 | €0.50 | x |
| 2015-12-31 | €5.54 | €0.50 | x |
| 2016-12-31 | €6.13 | €0.50 | x |
| 2017-12-31 | €5.46 | €0.50 | x |
| 2018-12-31 | €4.53 | €0.50 | x |
| 2019-12-31 | €3.80 | €0.50 | x |
| 2020-12-31 | €2.71 | €0.50 | x |
| 2021-12-31 | €2.40 | €0.50 | x |
| 2022-12-31 | €3.07 | €0.50 | x |
| 2023-12-31 | €2.09 | €0.50 | x |
| 2024-12-31 | €0.25 | €0.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Martela Oyj A 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): -750.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.03%
- • Asset Turnover: 1.59x
- • Equity Multiplier: 47.21x
- Recent ROE (-750.60%) is below the historical average (-32.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 34.29% | 10.03% | 1.68x | 2.03x | €8.61 Million |
| 2003 | 54.65% | 12.02% | 1.71x | 2.66x | €10.03 Million |
| 2004 | -13.98% | -2.65% | 1.83x | 2.89x | €-4.58 Million |
| 2005 | -0.49% | -0.11% | 1.82x | 2.46x | €-2.40 Million |
| 2006 | 10.92% | 2.27% | 2.03x | 2.37x | €230.50K |
| 2007 | 18.25% | 4.19% | 2.01x | 2.16x | €2.44 Million |
| 2008 | 22.34% | 5.34% | 2.18x | 1.92x | €4.16 Million |
| 2009 | 0.43% | 0.14% | 1.71x | 1.75x | €-3.04 Million |
| 2010 | 2.05% | 0.59% | 1.91x | 1.82x | €-2.48 Million |
| 2011 | 5.09% | 1.20% | 1.87x | 2.27x | €-1.51 Million |
| 2012 | -7.57% | -1.44% | 2.22x | 2.38x | €-4.75 Million |
| 2013 | -18.04% | -2.97% | 2.26x | 2.69x | €-6.11 Million |
| 2014 | -3.49% | -0.52% | 2.51x | 2.67x | €-2.74 Million |
| 2015 | 10.96% | 1.87% | 2.37x | 2.47x | €216.80K |
| 2016 | 13.17% | 2.57% | 2.30x | 2.23x | €798.60K |
| 2017 | -2.81% | -0.58% | 1.94x | 2.49x | €-2.90 Million |
| 2018 | -12.60% | -2.30% | 2.06x | 2.66x | €-4.25 Million |
| 2019 | -16.15% | -2.39% | 1.92x | 3.51x | €-4.12 Million |
| 2020 | -42.87% | -5.44% | 1.71x | 4.61x | €-5.93 Million |
| 2021 | -22.16% | -2.59% | 1.80x | 4.74x | €-3.46 Million |
| 2022 | 18.44% | 2.39% | 1.71x | 4.50x | €1.17 Million |
| 2023 | -36.77% | -3.72% | 1.70x | 5.83x | €-4.47 Million |
| 2024 | -750.60% | -10.03% | 1.59x | 47.21x | €-8.81 Million |
Industry Comparison
This section compares Martela Oyj A's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $34,436,000
- Average return on equity (ROE) among peers: 20.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Martela Oyj A (MARAS) | €-1.49 Million | 34.29% | N/A | $2.35 Million |
| Orthex Oyj (ORTHEX) | $34.44 Million | 20.01% | 1.48x | $82.93 Million |
About Martela Oyj A
Martela Oyj operates in the workplace industry in Finland, Sweden, Norway, and internationally. The company offers seating products, including task, conference, care, universal, easy, and school chairs; sofas, benches, and stools; tables, such as standing height, conference, school, electric, universal, sofa and side, and folding tables, as well as desks; and storage products comprising cabinets … Read more