Borgestad A (BOR) - Net Assets
Based on the latest financial reports, Borgestad A (BOR) has net assets worth Nkr786.05 Million NOK (≈ $82.72 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 (Nkr1.46 Billion ≈ $154.05 Million USD) and total liabilities (Nkr677.88 Million ≈ $71.33 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. Check Borgestad A liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr786.05 Million |
| % of Total Assets | 53.69% |
| Annual Growth Rate | 5.36% |
| 5-Year Change | 131.67% |
| 10-Year Change | 97.74% |
| Growth Volatility | 39.22 |
Borgestad A - Net Assets Trend (2000–2025)
This chart illustrates how Borgestad A's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Borgestad A for the complete picture of this company's asset base.
Annual Net Assets for Borgestad A (2000–2025)
The table below shows the annual net assets of Borgestad A from 2000 to 2025. For live valuation and market cap data, see Borgestad A market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr786.05 Million ≈ $82.72 Million |
-2.84% |
| 2024-12-31 | Nkr809.03 Million ≈ $85.13 Million |
+18.53% |
| 2023-12-31 | Nkr682.57 Million ≈ $71.83 Million |
+50.61% |
| 2022-12-31 | Nkr453.21 Million ≈ $47.69 Million |
+33.57% |
| 2021-12-31 | Nkr339.30 Million ≈ $35.70 Million |
-11.59% |
| 2020-12-31 | Nkr383.76 Million ≈ $40.38 Million |
-25.31% |
| 2019-12-31 | Nkr513.79 Million ≈ $54.07 Million |
+16.96% |
| 2018-12-31 | Nkr439.30 Million ≈ $46.23 Million |
-1.60% |
| 2017-12-31 | Nkr446.45 Million ≈ $46.98 Million |
+12.31% |
| 2016-12-31 | Nkr397.52 Million ≈ $41.83 Million |
-18.02% |
| 2015-12-31 | Nkr484.92 Million ≈ $51.03 Million |
+2.28% |
| 2014-12-31 | Nkr474.12 Million ≈ $49.89 Million |
+0.24% |
| 2013-12-31 | Nkr473.00 Million ≈ $49.77 Million |
+83.53% |
| 2012-12-31 | Nkr257.73 Million ≈ $27.12 Million |
-8.70% |
| 2011-12-31 | Nkr282.28 Million ≈ $29.70 Million |
-19.97% |
| 2010-12-31 | Nkr352.73 Million ≈ $37.12 Million |
-12.29% |
| 2009-12-31 | Nkr402.17 Million ≈ $42.32 Million |
-1.39% |
| 2008-12-31 | Nkr407.83 Million ≈ $42.92 Million |
-31.83% |
| 2007-12-31 | Nkr598.26 Million ≈ $62.95 Million |
+36.25% |
| 2006-12-31 | Nkr439.08 Million ≈ $46.20 Million |
+155.13% |
| 2005-12-31 | Nkr172.10 Million ≈ $18.11 Million |
-2.76% |
| 2004-12-31 | Nkr176.97 Million ≈ $18.62 Million |
+12.79% |
| 2003-12-31 | Nkr156.91 Million ≈ $16.51 Million |
-32.89% |
| 2002-12-31 | Nkr233.80 Million ≈ $24.60 Million |
+18.80% |
| 2001-12-31 | Nkr196.79 Million ≈ $20.71 Million |
-7.70% |
| 2000-12-31 | Nkr213.20 Million ≈ $22.44 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Borgestad A'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Nkr698.28 Million | 100.00% |
| Total Equity | Nkr698.28 Million | 100.00% |
Borgestad A Competitors by Market Cap
The table below lists competitors of Borgestad A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gujarat Apollo Industries Limited
NSE:GUJAPOLLO
|
$60.69 Million |
|
KB SPAC 7
KQ:214270
|
$60.69 Million |
|
Sukhjit Starch & Chemicals Limited
NSE:SUKHJITS
|
$60.72 Million |
|
Halmont Properties Corporation
V:HMT
|
$60.72 Million |
|
Jade Gas Holdings Ltd
AU:JGH
|
$60.69 Million |
|
Softtech Engineers Limited
NSE:SOFTTECH
|
$60.68 Million |
|
HLV LIMITED
NSE:HLVLTD
|
$60.67 Million |
|
NTPM Holdings Bhd
KLSE:5066
|
$60.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Borgestad A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 728,830,000 to 698,279,000, a change of -30,551,000 (-4.2%).
- Net loss of 1,551,000 reduced equity.
- Dividend payments of 28,050,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-1.55 Million | -0.22% |
| Dividends Paid | Nkr28.05 Million | -4.02% |
| Other Changes | Nkr-950.00K | -0.14% |
| Total Change | Nkr- | -4.19% |
Book Value vs Market Value Analysis
This analysis compares Borgestad A'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: 0.83x
- 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 increased from 0.10x to 0.83x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | Nkr156.91 | Nkr16.45 | x |
| 2007-12-31 | Nkr215.92 | Nkr16.45 | x |
| 2008-12-31 | Nkr168.07 | Nkr16.45 | x |
| 2009-12-31 | Nkr153.03 | Nkr16.45 | x |
| 2010-12-31 | Nkr135.82 | Nkr16.45 | x |
| 2011-12-31 | Nkr109.07 | Nkr16.45 | x |
| 2012-12-31 | Nkr99.26 | Nkr16.45 | x |
| 2013-12-31 | Nkr130.00 | Nkr16.45 | x |
| 2014-12-31 | Nkr101.97 | Nkr16.45 | x |
| 2015-12-31 | Nkr102.58 | Nkr16.45 | x |
| 2016-12-31 | Nkr82.73 | Nkr16.45 | x |
| 2017-12-31 | Nkr92.12 | Nkr16.45 | x |
| 2018-12-31 | Nkr83.03 | Nkr16.45 | x |
| 2019-12-31 | Nkr66.43 | Nkr16.45 | x |
| 2020-12-31 | Nkr25.15 | Nkr16.45 | x |
| 2021-12-31 | Nkr22.12 | Nkr16.45 | x |
| 2022-12-31 | Nkr57.69 | Nkr16.45 | x |
| 2023-12-31 | Nkr19.47 | Nkr16.45 | x |
| 2024-12-31 | Nkr20.79 | Nkr16.45 | x |
| 2025-12-31 | Nkr19.92 | Nkr16.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Borgestad A 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): -0.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.14%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 2.10x
- Recent ROE (-0.22%) is above the historical average (-3.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 6.13% | 2.34% | 0.56x | 4.64x | Nkr-6.65 Million |
| 2006 | 67.62% | 68.14% | 0.53x | 1.89x | Nkr250.52 Million |
| 2007 | 30.58% | 40.85% | 0.53x | 1.41x | Nkr121.58 Million |
| 2008 | -21.11% | -345.86% | 0.05x | 1.16x | Nkr-126.89 Million |
| 2009 | 0.08% | 1.71% | 0.03x | 1.56x | Nkr-39.89 Million |
| 2010 | -10.66% | -329.91% | 0.02x | 1.68x | Nkr-72.87 Million |
| 2011 | -15.01% | -400.98% | 0.02x | 1.91x | Nkr-70.58 Million |
| 2012 | -7.78% | -194.05% | 0.02x | 2.05x | Nkr-45.83 Million |
| 2013 | 2.07% | 1.36% | 0.47x | 3.19x | Nkr-36.36 Million |
| 2014 | -5.72% | -3.67% | 0.47x | 3.35x | Nkr-72.06 Million |
| 2015 | -5.32% | -3.36% | 0.45x | 3.51x | Nkr-70.64 Million |
| 2016 | -16.35% | -7.94% | 0.49x | 4.18x | Nkr-98.01 Million |
| 2017 | 3.04% | 1.62% | 0.47x | 3.97x | Nkr-28.85 Million |
| 2018 | 0.86% | 0.41% | 0.49x | 4.32x | Nkr-34.22 Million |
| 2019 | -13.81% | -6.93% | 0.54x | 3.67x | Nkr-106.15 Million |
| 2020 | -51.76% | -19.73% | 0.55x | 4.80x | Nkr-197.48 Million |
| 2021 | -8.55% | -2.73% | 0.62x | 5.09x | Nkr-52.22 Million |
| 2022 | -27.54% | -13.40% | 0.64x | 3.24x | Nkr-170.13 Million |
| 2023 | -11.47% | -6.86% | 0.81x | 2.06x | Nkr-146.54 Million |
| 2024 | 6.21% | 3.87% | 0.80x | 2.01x | Nkr-27.65 Million |
| 2025 | -0.22% | -0.14% | 0.77x | 2.10x | Nkr-71.38 Million |
Industry Comparison
This section compares Borgestad A's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $824,429,000
- Average return on equity (ROE) among peers: 5.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Borgestad A (BOR) | Nkr786.05 Million | 6.13% | 0.86x | $60.69 Million |
| Byggma (BMA) | $824.43 Million | 5.67% | 1.05x | $164.57 Million |
About Borgestad A
Borgestad ASA focuses on real estate and refractory in Norway. The company also develops and manages real estate properties. It operates Agora Bytom, a shopping center and a rental area, as well as a parking garage with parking spaces in Poland. Borgestad ASA was founded in 1904 and is headquartered in Lysaker, Norway.