Eik fasteignafélag hf
Eik fasteignafélag hf., together with its subsidiaries, engages in the ownership, leasing, and management of commercial properties in Iceland. The company operates through two segments: Investment Properties and Hotel. It also operates hotels. The company was incorporated in 2002 is headquartered in Reykjavík, Iceland.
Eik fasteignafélag hf (EIK) - Net Assets
Latest net assets as of June 2025: Ikr52.65 Billion ISK
Based on the latest financial reports, Eik fasteignafélag hf (EIK) has net assets worth Ikr52.65 Billion ISK as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Ikr162.35 Billion) and total liabilities (Ikr109.70 Billion). 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 | Ikr52.65 Billion |
| % of Total Assets | 32.43% |
| Annual Growth Rate | 10.45% |
| 5-Year Change | 58.62% |
| 10-Year Change | 123.72% |
| Growth Volatility | 5.35 |
Eik fasteignafélag hf - Net Assets Trend (2014–2024)
This chart illustrates how Eik fasteignafélag hf's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Eik fasteignafélag hf (2014–2024)
The table below shows the annual net assets of Eik fasteignafélag hf from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Ikr52.66 Billion | +7.42% |
| 2023-12-31 | Ikr49.02 Billion | +12.07% |
| 2022-12-31 | Ikr43.74 Billion | +16.70% |
| 2021-12-31 | Ikr37.48 Billion | +12.90% |
| 2020-12-31 | Ikr33.20 Billion | +1.99% |
| 2019-12-31 | Ikr32.55 Billion | +5.36% |
| 2018-12-31 | Ikr30.90 Billion | +5.67% |
| 2017-12-31 | Ikr29.24 Billion | +10.88% |
| 2016-12-31 | Ikr26.37 Billion | +12.02% |
| 2015-12-31 | Ikr23.54 Billion | +20.79% |
| 2014-12-31 | Ikr19.49 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eik fasteignafélag hf'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 grown by 1024.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Ikr34.66 Billion | 65.81% |
| Other Components | Ikr18.00 Billion | 34.19% |
| Total Equity | Ikr52.66 Billion | 100.00% |
Eik fasteignafélag hf Competitors by Market Cap
The table below lists competitors of Eik fasteignafélag hf ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KNOT Offshore Partners LP
NYSE:KNOP
|
$223.64 Million |
|
Nanyang Senba Optical and Electronic Co Ltd
SHE:300701
|
$223.68 Million |
|
Jiangsu Safety Wire Rope
SHG:603028
|
$223.69 Million |
|
XiAn Dagang Road Machinery Co
SHE:300103
|
$223.80 Million |
|
Hangzhou Todaytec Digital Co Ltd Class A
SHE:300743
|
$223.56 Million |
|
Precision Wires India Limited
NSE:PRECWIRE
|
$223.55 Million |
|
Huchems
KO:069260
|
$223.49 Million |
|
Mayville Engineering Co Inc
NYSE:MEC
|
$223.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eik fasteignafélag hf's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 49,023,000,000 to 52,661,000,000, a change of 3,638,000,000 (7.4%).
- Net income of 6,477,000,000 contributed positively to equity growth.
- Dividend payments of 2,540,000,000 reduced retained earnings.
- Share repurchases of 299,000,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Ikr6.48 Billion | +12.3% |
| Dividends Paid | Ikr2.54 Billion | -4.82% |
| Share Repurchases | Ikr299.00 Million | -0.57% |
| Total Change | Ikr- | 7.42% |
Book Value vs Market Value Analysis
This analysis compares Eik fasteignafélag hf'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: 0.92x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.68x to 0.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | Ikr8.46 | Ikr14.20 | x |
| 2018-12-31 | Ikr8.94 | Ikr14.20 | x |
| 2019-12-31 | Ikr9.51 | Ikr14.20 | x |
| 2020-12-31 | Ikr9.72 | Ikr14.20 | x |
| 2021-12-31 | Ikr10.98 | Ikr14.20 | x |
| 2022-12-31 | Ikr12.81 | Ikr14.20 | x |
| 2023-12-31 | Ikr14.35 | Ikr14.20 | x |
| 2024-12-31 | Ikr15.52 | Ikr14.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eik fasteignafélag hf 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): 12.30%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 60.50%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 2.97x
- Recent ROE (12.30%) is above the historical average (11.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 6.86% | 31.11% | 0.06x | 3.39x | Ikr-612.80 Million |
| 2015 | 19.67% | 78.36% | 0.08x | 2.96x | Ikr2.28 Billion |
| 2016 | 13.83% | 57.43% | 0.08x | 3.02x | Ikr1.01 Billion |
| 2017 | 12.66% | 51.67% | 0.08x | 3.12x | Ikr778.20 Million |
| 2018 | 8.14% | 33.25% | 0.08x | 3.13x | Ikr-574.70 Million |
| 2019 | 9.12% | 36.85% | 0.08x | 3.15x | Ikr-287.30 Million |
| 2020 | 2.55% | 10.95% | 0.07x | 3.19x | Ikr-2.47 Billion |
| 2021 | 13.16% | 61.04% | 0.07x | 3.07x | Ikr1.18 Billion |
| 2022 | 18.29% | 44.65% | 0.14x | 2.94x | Ikr3.63 Billion |
| 2023 | 11.94% | 55.79% | 0.07x | 2.89x | Ikr950.70 Million |
| 2024 | 12.30% | 60.50% | 0.07x | 2.97x | Ikr1.21 Billion |
Industry Comparison
This section compares Eik fasteignafélag hf's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $57,778,000,000
- Average return on equity (ROE) among peers: 6.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eik fasteignafélag hf (EIK) | Ikr52.65 Billion | 6.86% | 2.08x | $223.59 Million |
| Heimar hf. (HEIMAR) | $57.78 Billion | 6.61% | 2.34x | $450.95 Million |