Nurminen Logistics Oyj (NLG1V) - Net Assets

Latest as of June 2026: €41.84 Million EUR ≈ $48.92 Million USD

Based on the latest financial reports, Nurminen Logistics Oyj (NLG1V) has net assets worth €41.84 Million EUR (≈ $48.92 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€96.10 Million ≈ $112.35 Million USD) and total liabilities (€54.26 Million ≈ $63.43 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 Nurminen Logistics Oyj (NLG1V) strategic asset index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€41.84 Million
% of Total Assets	43.54%
Annual Growth Rate	-1.29%
5-Year Change	65.58%
10-Year Change	567.61%
Growth Volatility	324.63

Nurminen Logistics Oyj - Net Assets Trend (2000–2025)

This chart illustrates how Nurminen Logistics Oyj's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see NLG1V company net worth.

Annual Net Assets for Nurminen Logistics Oyj (2000–2025)

The table below shows the annual net assets of Nurminen Logistics Oyj from 2000 to 2025. Also explore Nurminen Logistics Oyj annual equity growth to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	€42.73 Million ≈ $49.95 Million	+3.82%
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 147.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	€4.21 Million	12.26%
Other Comprehensive Income	€3.28 Million	9.55%
Other Components	€30.84 Million	89.68%
Total Equity	€34.39 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
Timberwell Bhd KLSE:7854	$48.07 Million
Promateris SA RO:PPL	$48.10 Million
Hyundai Industrial Co. Ltd KQ:170030	$48.11 Million
Cenit Co. Ltd KQ:037760	$48.11 Million
Silvano Fashion Group AS WAR:SFG	$48.05 Million
Turism Felix B RO:TUFE	$48.05 Million
Senko Co. Ltd KQ:347000	$48.04 Million
APS Holdings Corporation KQ:054620	$48.03 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 2024 to 2025, total equity changed from 32,555,000 to 34,394,000, a change of 1,839,000 (5.6%).
Net income of 3,091,000 contributed positively to equity growth.
Dividend payments of 3,701,000 reduced retained earnings.
Share repurchases of 2,417,000 reduced equity.
Other comprehensive income decreased equity by 32,316,000.
Other factors increased equity by 37,182,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€3.09 Million	+8.99%
Dividends Paid	€3.70 Million	-10.76%
Share Repurchases	€2.42 Million	-7.03%
Other Comprehensive Income	€-32.32 Million	-93.96%
Other Changes	€37.18 Million	+108.11%
Total Change	€-	5.65%

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: 1.40x
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 0.37x to 1.40x 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	€0.59	x
2008-12-31	€1.44	€0.59	x
2009-12-31	€1.38	€0.59	x
2010-12-31	€1.30	€0.59	x
2011-12-31	€1.16	€0.59	x
2012-12-31	€1.18	€0.59	x
2013-12-31	€0.88	€0.59	x
2014-12-31	€0.42	€0.59	x
2015-12-31	€0.33	€0.59	x
2016-12-31	€0.19	€0.59	x
2017-12-31	€0.43	€0.59	x
2018-12-31	€0.27	€0.59	x
2019-12-31	€-0.02	€0.59	x
2020-12-31	€0.09	€0.59	x
2021-12-31	€0.19	€0.59	x
2022-12-31	€0.17	€0.59	x
2023-12-31	€0.35	€0.59	x
2024-12-31	€0.42	€0.59	x
2025-12-31	€0.42	€0.59	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): 8.99%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.83%
• Asset Turnover: 1.12x
• Equity Multiplier: 2.83x
Recent ROE (8.99%) is above the historical average (-6.66%), 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
2025	8.99%	2.83%	1.12x	2.83x	€-348.40K

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

$55.44 Million

€47.42 Million EUR

Market Cap Rank

#22136 Global

#109 in Finland

Share Price

€0.59

Change (1 day)

-0.68%

52-Week Range

€0.58 - €1.08

All Time High

€2.34