Heimar hf.
Heimar hf., a real estate company, invests in, leases, and manages commercial properties in Iceland. The company was formerly known as Reginn hf. and changed its name to Heimar hf. in June 2024. Heimar hf. was incorporated in 2009 and is headquartered in Kópavogur, Iceland.
Heimar hf. (HEIMAR) - Net Assets
Latest net assets as of September 2024: Ikr63.06 Billion ISK
Based on the latest financial reports, Heimar hf. (HEIMAR) has net assets worth Ikr63.06 Billion ISK as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Ikr203.55 Billion) and total liabilities (Ikr140.49 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 | Ikr63.06 Billion |
| % of Total Assets | 30.98% |
| Annual Growth Rate | 7.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.67 |
Heimar hf. - Net Assets Trend (2020–2023)
This chart illustrates how Heimar 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 Heimar hf. (2020–2023)
The table below shows the annual net assets of Heimar hf. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | Ikr57.78 Billion | +7.08% |
| 2022-12-31 | Ikr53.96 Billion | +1.73% |
| 2021-12-31 | Ikr53.04 Billion | +13.17% |
| 2020-12-31 | Ikr46.87 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Heimar 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 decreased by 3.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Ikr4.42 Billion | 7.65% |
| Other Components | Ikr53.36 Billion | 92.35% |
| Total Equity | Ikr57.78 Billion | 100.00% |
Heimar hf. Competitors by Market Cap
The table below lists competitors of Heimar hf. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Serica Energy plc
PINK:SQZZF
|
$451.05 Million |
|
Civista Bancshares Inc
NASDAQ:CIVB
|
$451.14 Million |
|
Sincere Navigation Corp
TW:2605
|
$451.14 Million |
|
Jingsu Jingshen Salt&Chem
SHG:603299
|
$451.19 Million |
|
SOCIETE LDC INH. EO 040
F:LC41
|
$450.90 Million |
|
Newcapec Electronics Co Ltd
SHE:300248
|
$450.87 Million |
|
Altimmune Inc
NASDAQ:ALT
|
$450.83 Million |
|
Malibu Boats Inc
NASDAQ:MBUU
|
$450.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Heimar hf.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 53,960,000,000 to 57,778,000,000, a change of 3,818,000,000 (7.1%).
- Net income of 3,818,000,000 contributed positively to equity growth.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Ikr3.82 Billion | +6.61% |
| Total Change | Ikr- | 7.08% |
Book Value vs Market Value Analysis
This analysis compares Heimar 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.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently Heimar 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): 6.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.71%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 3.34x
- Recent ROE (6.61%) is above the historical average (6.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 2.72% | 13.09% | 0.06x | 3.26x | Ikr-3.41 Billion |
| 2021 | 11.64% | 56.03% | 0.07x | 3.13x | Ikr867.70 Million |
| 2022 | 5.40% | 23.89% | 0.07x | 3.36x | Ikr-2.48 Billion |
| 2023 | 6.61% | 27.71% | 0.07x | 3.34x | Ikr-1.96 Billion |
Industry Comparison
This section compares Heimar 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: $19,488,000,000
- Average return on equity (ROE) among peers: 6.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Heimar hf. (HEIMAR) | Ikr63.06 Billion | 2.72% | 2.23x | $450.95 Million |
| Eik fasteignafélag hf (EIK) | $19.49 Billion | 6.86% | 2.39x | $223.59 Million |