Nurminen Logistics Oyj (NLG1V) - Net Assets

Latest as of June 2025: €41.25 Million EUR ≈ $48.22 Million USD

Based on the latest financial reports, Nurminen Logistics Oyj (NLG1V) has net assets worth €41.25 Million EUR (≈ $48.22 Million USD) 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 ≈ $115.14 Million USD) and total liabilities (€57.24 Million ≈ $66.91 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 NLG1V asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Nurminen Logistics Oyj assets under control for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Nurminen Logistics Oyj market cap and net worth.

Year	Net Assets	Change
2024-12-31	€41.15 Million ≈ $48.11 Million	-10.33%
2023-12-31	€45.89 Million ≈ $53.65 Million	+90.06%
2022-12-31	€24.15 Million ≈ $28.23 Million	-6.43%
2021-12-31	€25.80 Million ≈ $30.17 Million	+86.81%
2020-12-31	€13.81 Million ≈ $16.15 Million	+1624.47%
2019-12-31	€801.00K ≈ $936.45K	-93.91%
2018-12-31	€13.15 Million ≈ $15.37 Million	-10.35%
2017-12-31	€14.67 Million ≈ $17.15 Million	+129.22%
2016-12-31	€6.40 Million ≈ $7.48 Million	-26.22%
2015-12-31	€8.67 Million ≈ $10.14 Million	-18.74%
2014-12-31	€10.67 Million ≈ $12.48 Million	-48.91%
2013-12-31	€20.89 Million ≈ $24.42 Million	-29.89%
2012-12-31	€29.80 Million ≈ $34.84 Million	+7.00%
2011-12-31	€27.85 Million ≈ $32.56 Million	-9.80%
2010-12-31	€30.87 Million ≈ $36.09 Million	-5.26%
2009-12-31	€32.59 Million ≈ $38.10 Million	-6.59%
2008-12-31	€34.88 Million ≈ $40.78 Million	-4.60%
2007-12-31	€36.57 Million ≈ $42.75 Million	+289.46%
2006-12-31	€9.39 Million ≈ $10.98 Million	+0.63%
2005-12-31	€9.33 Million ≈ $10.91 Million	+8.98%
2004-12-31	€8.56 Million ≈ $10.01 Million	+2.09%
2003-12-31	€8.39 Million ≈ $9.80 Million	-2.71%
2002-12-31	€8.62 Million ≈ $10.08 Million	-4.79%
2001-12-31	€9.05 Million ≈ $10.59 Million	-84.69%
2000-12-31	€59.13 Million ≈ $69.13 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.

Company	Market Cap
Osteonic Co. Ltd KQ:226400	$76.27 Million
IG Group Holdings PLC LSE:IGG	$76.31 Million
Foshan Electrical and Lighting Co Ltd SHE:200541	$76.37 Million
NPC Co. Ltd KO:004250	$76.39 Million
Tripar Multivision Plus JK:RAAM	$76.26 Million
Africa Energy Corp V:AFE	$76.26 Million
DY Corporation KO:013570	$76.23 Million
Pancontinental Energy NL AU:PCL	$76.22 Million

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: 2.09x
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 0.56x to 2.09x 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	€0.87	x
2008-12-31	€1.44	€0.87	x
2009-12-31	€1.38	€0.87	x
2010-12-31	€1.30	€0.87	x
2011-12-31	€1.16	€0.87	x
2012-12-31	€1.18	€0.87	x
2013-12-31	€0.88	€0.87	x
2014-12-31	€0.42	€0.87	x
2015-12-31	€0.33	€0.87	x
2016-12-31	€0.19	€0.87	x
2017-12-31	€0.43	€0.87	x
2018-12-31	€0.27	€0.87	x
2019-12-31	€-0.02	€0.87	x
2020-12-31	€0.09	€0.87	x
2021-12-31	€0.19	€0.87	x
2022-12-31	€0.17	€0.87	x
2023-12-31	€0.35	€0.87	x
2024-12-31	€0.42	€0.87	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.

About Nurminen Logistics Oyj

HE:NLG1V Finland Railroads

Market Cap

$82.08 Million

€70.20 Million EUR

Market Cap Rank

#20376 Global

#96 in Finland

Share Price

€0.87

Change (1 day)

+0.46%

52-Week Range

€0.80 - €1.15

All Time High

€2.34