Bergen Carbon Solutions A/S (BCS) - Net Assets
Based on the latest financial reports, Bergen Carbon Solutions A/S (BCS) has net assets worth Nkr145.97 Million NOK (≈ $15.36 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr164.42 Million ≈ $17.30 Million USD) and total liabilities (Nkr18.45 Million ≈ $1.94 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. Explore Bergen Carbon Solutions A/S operating cash flow efficiency to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr145.97 Million |
| % of Total Assets | 88.78% |
| Annual Growth Rate | 38.44% |
| 5-Year Change | 22.84% |
| 10-Year Change | N/A |
| Growth Volatility | 130.35 |
Bergen Carbon Solutions A/S - Net Assets Trend (2018–2025)
This chart illustrates how Bergen Carbon Solutions A/S's net assets have evolved over time, based on quarterly financial data. Also explore Bergen Carbon Solutions A/S total assets for the complete picture of this company's asset base.
Annual Net Assets for Bergen Carbon Solutions A/S (2018–2025)
The table below shows the annual net assets of Bergen Carbon Solutions A/S from 2018 to 2025. For live valuation and market cap data, see BCS stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr145.97 Million ≈ $15.36 Million |
-20.81% |
| 2024-12-31 | Nkr184.33 Million ≈ $19.40 Million |
-25.50% |
| 2023-12-31 | Nkr247.42 Million ≈ $26.04 Million |
-19.84% |
| 2022-12-31 | Nkr308.66 Million ≈ $32.48 Million |
+159.74% |
| 2021-12-31 | Nkr118.83 Million ≈ $12.50 Million |
+173.24% |
| 2020-12-31 | Nkr43.49 Million ≈ $4.58 Million |
+325.24% |
| 2019-12-31 | Nkr10.23 Million ≈ $1.08 Million |
-31.70% |
| 2018-12-31 | Nkr14.98 Million ≈ $1.58 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bergen Carbon Solutions A/S'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr126.00K | 0.09% |
| Other Components | Nkr145.84 Million | 99.91% |
| Total Equity | Nkr145.97 Million | 100.00% |
Bergen Carbon Solutions A/S Competitors by Market Cap
The table below lists competitors of Bergen Carbon Solutions A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Magnum Ventures Limited
NSE:MAGNUM
|
$14.89 Million |
|
Nam Sung
KO:004270
|
$14.90 Million |
|
BALAXI PHARMACEUTICALS LIMITED
NSE:BALAXI
|
$14.91 Million |
|
Janfusun Fancyworld
TWO:5701
|
$14.91 Million |
|
INNO-GENE SA ZY -10
F:WQ3
|
$14.88 Million |
|
GigaMedia Limited
F:GIFN
|
$14.87 Million |
|
Applied Therapeutics Inc
NASDAQ:APLT
|
$14.86 Million |
|
Kore Mining Ltd
V:KORE
|
$14.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bergen Carbon Solutions A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 184,327,000 to 145,971,000, a change of -38,356,000 (-20.8%).
- Net loss of 40,741,000 reduced equity.
- Other factors increased equity by 2,385,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-40.74 Million | -27.91% |
| Other Changes | Nkr2.38 Million | +1.63% |
| Total Change | Nkr- | -20.81% |
Book Value vs Market Value Analysis
This analysis compares Bergen Carbon Solutions A/S'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: 0.97x
- 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 7.29x to 0.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Nkr0.46 | Nkr3.37 | x |
| 2019-12-31 | Nkr0.32 | Nkr3.37 | x |
| 2020-12-31 | Nkr1.34 | Nkr3.37 | x |
| 2021-12-31 | Nkr3.18 | Nkr3.37 | x |
| 2022-12-31 | Nkr7.35 | Nkr3.37 | x |
| 2023-12-31 | Nkr5.90 | Nkr3.37 | x |
| 2024-12-31 | Nkr4.39 | Nkr3.37 | x |
| 2025-12-31 | Nkr3.48 | Nkr3.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bergen Carbon Solutions A/S 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): -27.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.13x
- Recent ROE (-27.91%) is below the historical average (-26.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -16.39% | 0.00% | 0.00x | 1.13x | Nkr-3.95 Million |
| 2019 | -53.05% | 0.00% | 0.00x | 1.32x | Nkr-6.45 Million |
| 2020 | -10.70% | -443320.00% | 0.00x | 1.12x | Nkr-9.00 Million |
| 2021 | -25.17% | -14531.14% | 0.00x | 1.05x | Nkr-41.79 Million |
| 2022 | -17.50% | -6661.90% | 0.00x | 1.09x | Nkr-84.89 Million |
| 2023 | -26.25% | 0.00% | 0.00x | 1.11x | Nkr-89.68 Million |
| 2024 | -34.80% | 0.00% | 0.00x | 1.12x | Nkr-82.58 Million |
| 2025 | -27.91% | 0.00% | 0.00x | 1.13x | Nkr-55.34 Million |
Industry Comparison
This section compares Bergen Carbon Solutions A/S's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $5,702,512,333
- Average return on equity (ROE) among peers: -6.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bergen Carbon Solutions A/S (BCS) | Nkr145.97 Million | -16.39% | 0.13x | $14.88 Million |
| Borregaard ASA (BRG) | $4.45 Billion | 20.07% | 0.83x | $1.55 Billion |
| Elkem ASA (ELK) | $12.64 Billion | 1.89% | 1.44x | $2.12 Billion |
| Tekna Holding AS (TEKNA) | $26.54 Million | -41.59% | 1.75x | $86.17 Million |
About Bergen Carbon Solutions A/S
Bergen Carbon Solutions AS operates as a clean carbon technology and materials company in Norway. It develops carbon capture and utilization technology that converts carbon dioxide into nano and macro carbon products, such as multi walled carbon nano tubes (MWCNT) and other carbon allotropes. Bergen Carbon Solutions AS was incorporated in 2016 and is headquartered in Bergen, Norway.