Nurminen Logistics Oyj

HE:NLG1V Finland Railroads
Market Cap
$67.26 Million
€65.52 Million EUR
Market Cap Rank
#26498 Global
#101 in Finland
Share Price
€0.81
Change (1 day)
-1.58%
52-Week Range
€0.81 - €1.15
All Time High
€2.34
About

Nurminen Logistics Oyj provides logistics services in Finland, Russia, Sweden, and Baltic countries. The company offers rail transport, handling hall for heavy goods, terminal, and forwarding and customs clearance services, as well as multimodal transport services. It provides warehousing and dangerous substances transportation services. Nurminen Logistics Oyj was founded in 1886 and is headquart… Read more

Nurminen Logistics Oyj (NLG1V) - Net Assets

Latest net assets as of June 2025: €41.25 Million EUR

Based on the latest financial reports, Nurminen Logistics Oyj (NLG1V) has net assets worth €41.25 Million EUR as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€98.48 Million) and total liabilities (€57.24 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 €41.25 Million
% of Total Assets 41.88%
Annual Growth Rate -1.5%
5-Year Change 197.93%
10-Year Change 374.44%
Growth Volatility 331.0

Nurminen Logistics Oyj - Net Assets Trend (2000–2024)

This chart illustrates how Nurminen Logistics Oyj's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Nurminen Logistics Oyj (2000–2024)

The table below shows the annual net assets of Nurminen Logistics Oyj from 2000 to 2024.

Year Net Assets Change
2024-12-31 €41.15 Million -10.33%
2023-12-31 €45.89 Million +90.06%
2022-12-31 €24.15 Million -6.43%
2021-12-31 €25.80 Million +86.81%
2020-12-31 €13.81 Million +1624.47%
2019-12-31 €801.00K -93.91%
2018-12-31 €13.15 Million -10.35%
2017-12-31 €14.67 Million +129.22%
2016-12-31 €6.40 Million -26.22%
2015-12-31 €8.67 Million -18.74%
2014-12-31 €10.67 Million -48.91%
2013-12-31 €20.89 Million -29.89%
2012-12-31 €29.80 Million +7.00%
2011-12-31 €27.85 Million -9.80%
2010-12-31 €30.87 Million -5.26%
2009-12-31 €32.59 Million -6.59%
2008-12-31 €34.88 Million -4.60%
2007-12-31 €36.57 Million +289.46%
2006-12-31 €9.39 Million +0.63%
2005-12-31 €9.33 Million +8.98%
2004-12-31 €8.56 Million +2.09%
2003-12-31 €8.39 Million -2.71%
2002-12-31 €8.62 Million -4.79%
2001-12-31 €9.05 Million -84.69%
2000-12-31 €59.13 Million --

Equity Component Analysis

This analysis shows how different components contribute to Nurminen Logistics Oyj'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 189.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock €4.21 Million 12.95%
Other Comprehensive Income €35.60 Million 109.35%
Other Components €86.00K 0.26%
Total Equity €32.55 Million 100.00%

Nurminen Logistics Oyj Competitors by Market Cap

The table below lists competitors of Nurminen Logistics Oyj ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 27,498,000 to 32,555,000, a change of 5,057,000 (18.4%).
  • Net income of 7,100,000 contributed positively to equity growth.
  • Dividend payments of 6,927,000 reduced retained earnings.
  • Share repurchases of 4,691,000 reduced equity.
  • Other comprehensive income decreased equity by 2,350,000.
  • Other factors increased equity by 11,925,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €7.10 Million +21.81%
Dividends Paid €6.93 Million -21.28%
Share Repurchases €4.69 Million -14.41%
Other Comprehensive Income €-2.35 Million -7.22%
Other Changes €11.93 Million +36.63%
Total Change €- 18.39%

Book Value vs Market Value Analysis

This analysis compares Nurminen Logistics Oyj'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: 1.95x
  • 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 0.52x to 1.95x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 €1.56 €0.81 x
2008-12-31 €1.44 €0.81 x
2009-12-31 €1.38 €0.81 x
2010-12-31 €1.30 €0.81 x
2011-12-31 €1.16 €0.81 x
2012-12-31 €1.18 €0.81 x
2013-12-31 €0.88 €0.81 x
2014-12-31 €0.42 €0.81 x
2015-12-31 €0.33 €0.81 x
2016-12-31 €0.19 €0.81 x
2017-12-31 €0.43 €0.81 x
2018-12-31 €0.27 €0.81 x
2019-12-31 €-0.02 €0.81 x
2020-12-31 €0.09 €0.81 x
2021-12-31 €0.19 €0.81 x
2022-12-31 €0.17 €0.81 x
2023-12-31 €0.35 €0.81 x
2024-12-31 €0.42 €0.81 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nurminen Logistics Oyj 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): 21.81%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.78%
  • • Asset Turnover: 1.03x
  • • Equity Multiplier: 3.12x
  • Recent ROE (21.81%) is above the historical average (-7.44%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 5.88% 3.17% 0.89x 2.09x €-2.43 Million
2004 3.47% 2.86% 0.80x 1.51x €-557.30K
2007 4.73% 2.06% 0.86x 2.66x €-1.87 Million
2008 8.67% 3.20% 1.13x 2.40x €-436.40K
2009 -2.16% -1.09% 0.79x 2.51x €-3.83 Million
2010 -6.79% -2.91% 0.94x 2.48x €-5.02 Million
2011 -9.18% -3.21% 1.10x 2.59x €-5.14 Million
2012 2.49% 0.87% 1.12x 2.55x €-2.05 Million
2013 -20.41% -6.50% 1.11x 2.83x €-6.18 Million
2014 -28.38% -5.29% 1.17x 4.60x €-3.78 Million
2015 -55.60% -10.58% 0.84x 6.23x €-5.37 Million
2016 -61.63% -7.04% 1.14x 7.69x €-4.09 Million
2017 -8.70% -1.54% 1.59x 3.55x €-2.51 Million
2018 -73.20% -11.16% 1.90x 3.45x €-10.01 Million
2019 0.00% -16.49% 1.33x 0.00x €-11.34 Million
2020 -71.31% -3.52% 1.22x 16.63x €-3.24 Million
2021 78.02% 8.35% 1.73x 5.40x €10.29 Million
2022 11.42% 1.20% 1.76x 5.40x €182.60K
2023 52.11% 11.20% 1.12x 4.14x €11.58 Million
2024 21.81% 6.78% 1.03x 3.12x €3.84 Million

Industry Comparison

This section compares Nurminen Logistics Oyj's net assets metrics with peer companies in the Railroads industry.

No peer company data available for comparison.