Olav Thon Eiendomsselskap ASA
Olav Thon Eiendomsselskap ASA engages in the property rental business in Norway and Sweden. It operates through Shopping Center and Commercial Property segments. The company's property portfolio comprises retail, offices, logistics, hotel properties, and residential rentals. It is also involved in the property development and management activities. The company was founded in 1958 and is based in … Read more
Olav Thon Eiendomsselskap ASA (0FHP) - Net Assets
Latest net assets as of September 2025: Nkr32.48 Billion NOK
Based on the latest financial reports, Olav Thon Eiendomsselskap ASA (0FHP) has net assets worth Nkr32.48 Billion NOK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr64.25 Billion) and total liabilities (Nkr31.77 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 | Nkr32.48 Billion |
| % of Total Assets | 50.55% |
| Annual Growth Rate | 8.88% |
| 5-Year Change | 13.89% |
| 10-Year Change | 77.77% |
| Growth Volatility | 249.06 |
Olav Thon Eiendomsselskap ASA - Net Assets Trend (2012–2024)
This chart illustrates how Olav Thon Eiendomsselskap ASA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Olav Thon Eiendomsselskap ASA (2012–2024)
The table below shows the annual net assets of Olav Thon Eiendomsselskap ASA from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr32.05 Billion | +5.29% |
| 2023-12-31 | Nkr30.44 Billion | -6.84% |
| 2022-12-31 | Nkr32.67 Billion | +4.24% |
| 2021-12-31 | Nkr31.34 Billion | +11.39% |
| 2020-12-31 | Nkr28.14 Billion | -52.92% |
| 2019-12-31 | Nkr59.76 Billion | +890.77% |
| 2018-12-31 | Nkr6.03 Billion | -19.27% |
| 2017-12-31 | Nkr7.47 Billion | +63.75% |
| 2016-12-31 | Nkr4.56 Billion | -74.69% |
| 2015-12-31 | Nkr18.03 Billion | +28.44% |
| 2014-12-31 | Nkr14.04 Billion | +7.41% |
| 2013-12-31 | Nkr13.07 Billion | +13.12% |
| 2012-12-31 | Nkr11.55 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Olav Thon Eiendomsselskap ASA'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 187.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr31.22 Billion | 98.62% |
| Common Stock | Nkr101.00 Million | 0.32% |
| Other Comprehensive Income | Nkr17.00 Million | 0.05% |
| Other Components | Nkr318.00 Million | 1.00% |
| Total Equity | Nkr31.66 Billion | 100.00% |
Olav Thon Eiendomsselskap ASA Competitors by Market Cap
The table below lists competitors of Olav Thon Eiendomsselskap ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arvinas Inc
NASDAQ:ARVN
|
$680.00 Million |
|
Carasso Real Estate Ltd
TA:CRSR
|
$680.28 Million |
|
Shandong Mining Machinery Group Co Ltd
SHE:002526
|
$680.44 Million |
|
Hnac Technology Co Ltd
SHE:300490
|
$680.58 Million |
|
Sumitomo Osaka Cement Co. Ltd
F:SU2
|
$679.54 Million |
|
Heineken Bhd
KLSE:3255
|
$679.48 Million |
|
Zhejiang Construction Investment Group Co Ltd
SHE:002761
|
$679.46 Million |
|
Shenzhen Newway Photomask Making Co. Ltd. A
SHG:688401
|
$679.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Olav Thon Eiendomsselskap ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 30,096,000,000 to 31,660,000,000, a change of 1,564,000,000 (5.2%).
- Net income of 2,234,000,000 contributed positively to equity growth.
- Dividend payments of 714,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 29,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr2.23 Billion | +7.06% |
| Dividends Paid | Nkr714.00 Million | -2.26% |
| Other Comprehensive Income | Nkr29.00 Million | +0.09% |
| Other Changes | Nkr15.00 Million | +0.05% |
| Total Change | Nkr- | 5.20% |
Book Value vs Market Value Analysis
This analysis compares Olav Thon Eiendomsselskap ASA'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: 1.07x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.15x to 1.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Nkr106.05 | Nkr334.00 | x |
| 2013-12-31 | Nkr121.52 | Nkr334.00 | x |
| 2014-12-31 | Nkr130.77 | Nkr334.00 | x |
| 2015-12-31 | Nkr165.44 | Nkr334.00 | x |
| 2016-12-31 | Nkr1544.97 | Nkr334.00 | x |
| 2017-12-31 | Nkr1765.41 | Nkr334.00 | x |
| 2018-12-31 | Nkr2461.77 | Nkr334.00 | x |
| 2019-12-31 | Nkr3359.71 | Nkr334.00 | x |
| 2020-12-31 | Nkr584.35 | Nkr334.00 | x |
| 2021-12-31 | Nkr849.49 | Nkr334.00 | x |
| 2022-12-31 | Nkr1342.15 | Nkr334.00 | x |
| 2023-12-31 | Nkr296.57 | Nkr334.00 | x |
| 2024-12-31 | Nkr311.99 | Nkr334.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Olav Thon Eiendomsselskap ASA 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): 7.06%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 45.02%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.99x
- Recent ROE (7.06%) is below the historical average (7.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 9.93% | 41.97% | 0.08x | 2.90x | Nkr-7.90 Million |
| 2013 | 13.23% | 63.65% | 0.08x | 2.56x | Nkr417.50 Million |
| 2014 | 8.42% | 39.69% | 0.08x | 2.79x | Nkr-220.00 Million |
| 2015 | 20.82% | 112.01% | 0.07x | 2.54x | Nkr1.91 Billion |
| 2016 | 7.90% | 115.95% | 0.77x | 0.09x | Nkr-1.10 Billion |
| 2017 | 7.07% | 105.52% | 0.50x | 0.13x | Nkr-1.66 Billion |
| 2018 | 4.75% | 71.71% | 0.63x | 0.10x | Nkr-3.07 Billion |
| 2019 | 3.10% | 45.84% | 0.07x | 1.00x | Nkr-4.13 Billion |
| 2020 | 0.53% | 8.30% | 0.06x | 1.00x | Nkr-5.68 Billion |
| 2021 | 12.20% | 92.09% | 0.07x | 2.01x | Nkr679.40 Million |
| 2022 | 7.61% | 56.84% | 0.07x | 1.94x | Nkr-771.40 Million |
| 2023 | -5.21% | -32.16% | 0.08x | 2.01x | Nkr-4.58 Billion |
| 2024 | 7.06% | 45.02% | 0.08x | 1.99x | Nkr-932.00 Million |
Industry Comparison
This section compares Olav Thon Eiendomsselskap ASA's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Olav Thon Eiendomsselskap ASA (0FHP) | Nkr32.48 Billion | 9.93% | 0.98x | $679.67 Million |
| Nyfosa AB (0A0K) | $3.48 Billion | 34.90% | 2.92x | $966.63 Million |
| Tethys Oil AB (0A1V) | $56.23 Million | 21.07% | 0.01x | $122.95 Million |
| High Templar Tech Limited (0A2T) | $11.29 Billion | 0.81% | 0.10x | $258.25 Million |
| Strategy Inc (0A7O) | $361.50 Million | 1.39% | 0.55x | $38.08 Billion |
| NACON SASU (0A9N) | $210.72 Million | 8.63% | 0.51x | $7.82 Million |
| Antin Infrastructure Partners (0AA5) | $32.26 Million | 152.50% | 1.23x | $545.92 Million |
| Truecaller AB Series B (0AA7) | $1.51 Billion | 34.81% | 0.30x | $277.14 Million |
| Brockhaus Technologies AG (0AAW) | $315.34 Million | 15.55% | 1.46x | $74.17 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $-10.19 Million | 0.00% | 0.00x | $71.96 Million |
| Kalray S.A. (0ABT) | $39.07 Million | -59.55% | 1.26x | $33.84 Million |