Atea ASA (ATEA) - Net Assets
Based on the latest financial reports, Atea ASA (ATEA) has net assets worth Nkr4.00 Billion NOK (≈ $421.23 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 (Nkr20.70 Billion ≈ $2.18 Billion USD) and total liabilities (Nkr16.70 Billion ≈ $1.76 Billion 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 ATEA tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr4.00 Billion |
| % of Total Assets | 19.34% |
| Annual Growth Rate | 2.46% |
| 5-Year Change | 30.7% |
| 10-Year Change | 27.13% |
| Growth Volatility | 387.03 |
Atea ASA - Net Assets Trend (2000–2024)
This chart illustrates how Atea ASA's net assets have evolved over time, based on quarterly financial data. See Atea ASA (ATEA) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Atea ASA (2000–2024)
The table below shows the annual net assets of Atea ASA from 2000 to 2024. For live valuation and market cap data, see ATEA market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr4.42 Billion ≈ $465.43 Million |
+5.33% |
| 2023-12-31 | Nkr4.20 Billion ≈ $441.86 Million |
+12.63% |
| 2022-12-31 | Nkr3.73 Billion ≈ $392.29 Million |
+5.61% |
| 2021-12-31 | Nkr3.53 Billion ≈ $371.46 Million |
+4.31% |
| 2020-12-31 | Nkr3.38 Billion ≈ $356.09 Million |
+10.05% |
| 2019-12-31 | Nkr3.08 Billion ≈ $323.58 Million |
-5.00% |
| 2018-12-31 | Nkr3.24 Billion ≈ $340.63 Million |
-4.03% |
| 2017-12-31 | Nkr3.37 Billion ≈ $354.94 Million |
+5.41% |
| 2016-12-31 | Nkr3.20 Billion ≈ $336.73 Million |
-8.02% |
| 2015-12-31 | Nkr3.48 Billion ≈ $366.09 Million |
-1.98% |
| 2014-12-31 | Nkr3.55 Billion ≈ $373.48 Million |
+0.46% |
| 2013-12-31 | Nkr3.53 Billion ≈ $371.75 Million |
-7.88% |
| 2012-12-31 | Nkr3.83 Billion ≈ $403.53 Million |
-1.30% |
| 2011-12-31 | Nkr3.89 Billion ≈ $408.86 Million |
+15.80% |
| 2010-12-31 | Nkr3.36 Billion ≈ $353.06 Million |
+19.27% |
| 2009-12-31 | Nkr2.81 Billion ≈ $296.01 Million |
-1.58% |
| 2008-12-31 | Nkr2.86 Billion ≈ $300.76 Million |
+36.08% |
| 2007-12-31 | Nkr2.10 Billion ≈ $221.02 Million |
+19.75% |
| 2006-12-31 | Nkr1.75 Billion ≈ $184.57 Million |
+1927.75% |
| 2005-12-31 | Nkr86.50 Million ≈ $9.10 Million |
-63.70% |
| 2004-12-31 | Nkr238.30 Million ≈ $25.08 Million |
-70.53% |
| 2003-12-31 | Nkr808.50 Million ≈ $85.08 Million |
-14.63% |
| 2002-12-31 | Nkr947.00 Million ≈ $99.65 Million |
-44.19% |
| 2001-12-31 | Nkr1.70 Billion ≈ $178.56 Million |
-31.27% |
| 2000-12-31 | Nkr2.47 Billion ≈ $259.79 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Atea 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 178600000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr1.79 Billion | 40.38% |
| Common Stock | Nkr112.00 Million | 2.53% |
| Other Components | Nkr2.52 Billion | 57.09% |
| Total Equity | Nkr4.42 Billion | 100.00% |
Atea ASA Competitors by Market Cap
The table below lists competitors of Atea ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thai President Foods Public Company Limited
BK:TFMAMA
|
$1.92 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
$1.92 Billion |
|
Burkhalter Holding AG
SW:BRKN
|
$1.92 Billion |
|
Henan Hanwei Electronics Co
SHE:300007
|
$1.92 Billion |
|
Darbond Technology Co. Ltd. A
SHG:688035
|
$1.92 Billion |
|
Homeco Daily Needs REIT
AU:HDN
|
$1.92 Billion |
|
AUB GROUP LTD.
F:A5H
|
$1.92 Billion |
|
ANADOLU E.BIR.M. ADR 1/5
F:EF41
|
$1.92 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Atea ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,199,000,000 to 4,423,000,000, a change of 224,000,000 (5.3%).
- Net income of 775,000,000 contributed positively to equity growth.
- Dividend payments of 782,000,000 reduced retained earnings.
- Share repurchases of 23,000,000 reduced equity.
- New share issuances of 23,000,000 increased equity.
- Other factors increased equity by 231,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr775.00 Million | +17.52% |
| Dividends Paid | Nkr782.00 Million | -17.68% |
| Share Repurchases | Nkr23.00 Million | -0.52% |
| Share Issuances | Nkr23.00 Million | +0.52% |
| Other Changes | Nkr231.00 Million | +5.22% |
| Total Change | Nkr- | 5.33% |
Book Value vs Market Value Analysis
This analysis compares Atea 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: 4.15x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 16.39x to 4.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | Nkr10.01 | Nkr164.00 | x |
| 2005-12-31 | Nkr2.26 | Nkr164.00 | x |
| 2006-12-31 | Nkr22.09 | Nkr164.00 | x |
| 2007-12-31 | Nkr21.84 | Nkr164.00 | x |
| 2008-12-31 | Nkr29.87 | Nkr164.00 | x |
| 2009-12-31 | Nkr30.47 | Nkr164.00 | x |
| 2010-12-31 | Nkr35.27 | Nkr164.00 | x |
| 2011-12-31 | Nkr38.59 | Nkr164.00 | x |
| 2012-12-31 | Nkr37.89 | Nkr164.00 | x |
| 2013-12-31 | Nkr34.40 | Nkr164.00 | x |
| 2014-12-31 | Nkr33.80 | Nkr164.00 | x |
| 2015-12-31 | Nkr32.82 | Nkr164.00 | x |
| 2016-12-31 | Nkr29.91 | Nkr164.00 | x |
| 2017-12-31 | Nkr30.94 | Nkr164.00 | x |
| 2018-12-31 | Nkr29.43 | Nkr164.00 | x |
| 2019-12-31 | Nkr27.70 | Nkr164.00 | x |
| 2020-12-31 | Nkr30.49 | Nkr164.00 | x |
| 2021-12-31 | Nkr30.96 | Nkr164.00 | x |
| 2022-12-31 | Nkr33.29 | Nkr164.00 | x |
| 2023-12-31 | Nkr37.78 | Nkr164.00 | x |
| 2024-12-31 | Nkr39.55 | Nkr164.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atea 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): 17.52%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.24%
- • Asset Turnover: 1.64x
- • Equity Multiplier: 4.77x
- Recent ROE (17.52%) is above the historical average (1.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -73.44% | -4.33% | 1.90x | 8.95x | Nkr-198.83 Million |
| 2005 | -176.88% | -4.95% | 1.79x | 19.97x | Nkr-161.65 Million |
| 2006 | -2.47% | -0.50% | 1.36x | 3.67x | Nkr-218.80 Million |
| 2007 | 20.14% | 3.20% | 1.96x | 3.20x | Nkr213.06 Million |
| 2008 | 15.14% | 2.93% | 1.78x | 2.90x | Nkr146.78 Million |
| 2009 | 13.61% | 2.62% | 2.04x | 2.55x | Nkr101.47 Million |
| 2010 | 14.87% | 2.91% | 1.78x | 2.88x | Nkr163.19 Million |
| 2011 | 15.28% | 2.93% | 1.98x | 2.63x | Nkr204.81 Million |
| 2012 | 13.19% | 2.42% | 2.14x | 2.56x | Nkr122.52 Million |
| 2013 | 9.58% | 1.53% | 1.97x | 3.17x | Nkr-14.68 Million |
| 2014 | 12.09% | 1.74% | 1.95x | 3.56x | Nkr74.08 Million |
| 2015 | 11.30% | 1.41% | 2.03x | 3.95x | Nkr45.10 Million |
| 2016 | 16.00% | 1.64% | 2.32x | 4.21x | Nkr192.00 Million |
| 2017 | 16.10% | 1.67% | 2.17x | 4.42x | Nkr205.70 Million |
| 2018 | 14.43% | 1.35% | 2.35x | 4.57x | Nkr143.30 Million |
| 2019 | 17.24% | 1.45% | 2.45x | 4.86x | Nkr222.50 Million |
| 2020 | 17.43% | 1.49% | 2.38x | 4.90x | Nkr251.60 Million |
| 2021 | 21.61% | 1.85% | 2.57x | 4.55x | Nkr410.00 Million |
| 2022 | 22.75% | 2.62% | 1.81x | 4.79x | Nkr475.20 Million |
| 2023 | 19.05% | 2.31% | 1.86x | 4.44x | Nkr380.10 Million |
| 2024 | 17.52% | 2.24% | 1.64x | 4.77x | Nkr332.70 Million |
Industry Comparison
This section compares Atea ASA's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $288,877,480
- Average return on equity (ROE) among peers: 5.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Atea ASA (ATEA) | Nkr4.00 Billion | -73.44% | 4.17x | $1.92 Billion |
| Arribatec Solutions ASA (ARR) | $189.15 Million | -43.73% | 1.34x | $40.13 Million |
| Bouvet (BOUV) | $116.83 Million | 41.91% | 1.68x | $467.48 Million |
| Crayon Group Holding ASA (CRAYN) | $363.94 Million | -15.68% | 5.62x | $1.35 Billion |
| Itera ASA (ITERA) | $54.31 Million | 46.60% | 2.85x | $56.41 Million |
| River Tech plc (RIVER) | $-12.92 Million | 0.00% | 0.00x | $3.03 Million |
| Spir Group ASA (SPIR) | $1.03 Billion | 2.29% | 1.14x | $119.48 Million |
| Webstep ASA (WSTEP) | $277.50 Million | 10.39% | 1.11x | $40.61 Million |
About Atea ASA
Atea ASA provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions. The company offers data center and networking solutions comprising cloudtrack, continuity planning, backup as a service, managed data center, cloud intelligence service, and disaster recovery services. It is also involved in software licensing and cl… Read more