Borregaard ASA Net Assets
Borregaard ASA net assets. Based on the latest financial reports, Borregaard ASA (BRG) has net assets worth Nkr5.61 Billion NOK (≈ $590.33 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr9.51 Billion ≈ $1.00 Billion USD) and total liabilities (Nkr3.90 Billion ≈ $409.97 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. See Borregaard ASA (BRG) balance sheet quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr5.61 Billion |
| % of Total Assets | 59.02% |
| Annual Growth Rate | 9.61% |
| 5-Year Change | 36.51% |
| 10-Year Change | 116.66% |
| Growth Volatility | 15.63 |
Net Assets of Borregaard ASA (2009–2025)
Net assets of Borregaard ASA from 2009 to 2025. This chart illustrates how Borregaard ASA's net assets have evolved over time, based on quarterly financial data. Also explore Borregaard ASA net asset momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for Borregaard ASA (2009–2025)
The table below shows the annual net assets of Borregaard ASA from 2009 to 2025. For live market cap and overall valuation, see Borregaard ASA (BRG) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr5.88 Billion ≈ $618.53 Million |
+15.48% |
| 2024-12-31 | Nkr5.09 Billion ≈ $535.61 Million |
+4.00% |
| 2023-12-31 | Nkr4.89 Billion ≈ $514.99 Million |
+10.10% |
| 2022-12-31 | Nkr4.45 Billion ≈ $467.74 Million |
+3.23% |
| 2021-12-31 | Nkr4.31 Billion ≈ $453.12 Million |
+13.98% |
| 2020-12-31 | Nkr3.78 Billion ≈ $397.55 Million |
+9.06% |
| 2019-12-31 | Nkr3.46 Billion ≈ $364.51 Million |
+4.31% |
| 2018-12-31 | Nkr3.32 Billion ≈ $349.46 Million |
+10.85% |
| 2017-12-31 | Nkr3.00 Billion ≈ $315.27 Million |
+10.43% |
| 2016-12-31 | Nkr2.71 Billion ≈ $285.49 Million |
+31.64% |
| 2015-12-31 | Nkr2.06 Billion ≈ $216.88 Million |
+5.75% |
| 2014-12-31 | Nkr1.95 Billion ≈ $205.09 Million |
+5.01% |
| 2013-12-31 | Nkr1.86 Billion ≈ $195.30 Million |
+6.85% |
| 2012-12-31 | Nkr1.74 Billion ≈ $182.78 Million |
+54.67% |
| 2011-12-31 | Nkr1.12 Billion ≈ $118.17 Million |
+10.75% |
| 2010-12-31 | Nkr1.01 Billion ≈ $106.70 Million |
-25.17% |
| 2009-12-31 | Nkr1.35 Billion ≈ $142.59 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Borregaard 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 310000000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Borregaard ASA Net Assets Breakdown (December 2025)
Borregaard ASA net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr3.10 Billion | 52.96% |
| Other Components | Nkr2.75 Billion | 47.04% |
| Total Equity | Nkr5.85 Billion | 100.00% |
Borregaard ASA Competitors by Market Cap
The table below lists competitors of Borregaard ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quantum Computing Inc
NASDAQ:QUBT
|
$1.48 Billion |
|
Changzheng Engineering Co Ltd
SHG:603698
|
$1.48 Billion |
|
Ganfeng Lithium Co. Ltd
F:39EA
|
$1.48 Billion |
|
Movida Participações S.A
SA:MOVI3
|
$1.48 Billion |
|
Meridianlink Inc
NYSE:MLNK
|
$1.48 Billion |
|
YFY Inc
TW:1907
|
$1.48 Billion |
|
Qinchuan Machine Tool & Tool Group Share Co Ltd
SHE:000837
|
$1.48 Billion |
|
Métropole Télévision S.A.
PA:MMT
|
$1.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Borregaard ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,041,000,000 to 5,853,000,000, a change of 812,000,000 (16.1%).
- Net income of 620,000,000 contributed positively to equity growth.
- Dividend payments of 424,000,000 reduced retained earnings.
- Share repurchases of 30,000,000 reduced equity.
- New share issuances of 48,000,000 increased equity.
- Other comprehensive income increased equity by 364,000,000.
- Other factors increased equity by 234,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr620.00 Million | +10.59% |
| Dividends Paid | Nkr424.00 Million | -7.24% |
| Share Repurchases | Nkr30.00 Million | -0.51% |
| Share Issuances | Nkr48.00 Million | +0.82% |
| Other Comprehensive Income | Nkr364.00 Million | +6.22% |
| Other Changes | Nkr234.00 Million | +4.0% |
| Total Change | Nkr- | 16.11% |
Book Value vs Market Value Analysis
This analysis compares Borregaard 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: 2.40x
- 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 10.56x to 2.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | Nkr13.35 | Nkr141.00 | x |
| 2010-12-31 | Nkr9.98 | Nkr141.00 | x |
| 2011-12-31 | Nkr11.09 | Nkr141.00 | x |
| 2012-12-31 | Nkr17.26 | Nkr141.00 | x |
| 2013-12-31 | Nkr18.47 | Nkr141.00 | x |
| 2014-12-31 | Nkr19.41 | Nkr141.00 | x |
| 2015-12-31 | Nkr20.56 | Nkr141.00 | x |
| 2016-12-31 | Nkr26.79 | Nkr141.00 | x |
| 2017-12-31 | Nkr28.89 | Nkr141.00 | x |
| 2018-12-31 | Nkr31.23 | Nkr141.00 | x |
| 2019-12-31 | Nkr33.18 | Nkr141.00 | x |
| 2020-12-31 | Nkr36.79 | Nkr141.00 | x |
| 2021-12-31 | Nkr42.35 | Nkr141.00 | x |
| 2022-12-31 | Nkr43.96 | Nkr141.00 | x |
| 2023-12-31 | Nkr48.59 | Nkr141.00 | x |
| 2024-12-31 | Nkr50.53 | Nkr141.00 | x |
| 2025-12-31 | Nkr58.69 | Nkr141.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Borregaard 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): 10.59%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.18%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.65x
- Recent ROE (10.59%) is below the historical average (16.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 10.41% | 4.11% | 0.98x | 2.57x | Nkr5.50 Million |
| 2010 | 18.04% | 5.20% | 0.97x | 3.57x | Nkr80.20 Million |
| 2011 | 28.58% | 8.23% | 1.04x | 3.34x | Nkr206.10 Million |
| 2012 | 15.82% | 6.93% | 1.11x | 2.05x | Nkr100.40 Million |
| 2013 | 18.14% | 8.38% | 1.16x | 1.86x | Nkr150.30 Million |
| 2014 | 17.21% | 8.48% | 1.05x | 1.93x | Nkr139.90 Million |
| 2015 | 18.77% | 9.27% | 1.00x | 2.03x | Nkr180.40 Million |
| 2016 | 20.72% | 12.36% | 0.96x | 1.74x | Nkr287.10 Million |
| 2017 | 19.59% | 12.26% | 0.87x | 1.85x | Nkr277.10 Million |
| 2018 | 15.24% | 9.95% | 0.80x | 1.91x | Nkr163.70 Million |
| 2019 | 12.61% | 8.24% | 0.75x | 2.04x | Nkr86.40 Million |
| 2020 | 11.89% | 8.18% | 0.76x | 1.91x | Nkr69.20 Million |
| 2021 | 16.39% | 11.92% | 0.81x | 1.70x | Nkr269.80 Million |
| 2022 | 20.30% | 12.96% | 0.85x | 1.85x | Nkr452.60 Million |
| 2023 | 17.92% | 12.39% | 0.77x | 1.88x | Nkr384.50 Million |
| 2024 | 16.33% | 10.97% | 0.78x | 1.90x | Nkr318.90 Million |
| 2025 | 10.59% | 8.18% | 0.78x | 1.65x | Nkr34.70 Million |
Industry Comparison
This section compares Borregaard ASA's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $4,269,502,667
- Average return on equity (ROE) among peers: -22.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Borregaard ASA (BRG) | Nkr5.61 Billion | 10.41% | 0.69x | $1.48 Billion |
| Bergen Carbon Solutions A/S (BCS) | $145.97 Million | -27.91% | 0.13x | $28.62 Million |
| Elkem ASA (ELK) | $12.64 Billion | 1.89% | 1.44x | $1.97 Billion |
| Tekna Holding AS (TEKNA) | $26.54 Million | -41.59% | 1.75x | $143.61 Million |
About Borregaard ASA
Borregaard ASA engages in the development, production, and marketing of specialized biochemicals and biomaterials in Norway, rest of Europe, Asia, the United States, and internationally. It operates in three segments: BioSolutions, BioMaterials, and Fine Chemicals. The BioSolutions segment develops, produces, and sells biopolymers and biovanillin derived from lignin for agrochemicals, batteries, … Read more