Cavendish Hydrogen ASA
Cavendish Hydrogen ASA, a hydrogen fueling company, engages in development, production, marketing, sale, installation, commissioning, and service of equipment for fueling hydrogen to on-road vehicles in Denmark, the United States, South Korea, and Austria. The company's product includes the H2Station, which consists of various types of hydrogen fueling stations that provide fuel for fuel cell ele… Read more
Cavendish Hydrogen ASA (CAVEN) - Net Assets
Latest net assets as of September 2025: Nkr54.40 Million NOK
Based on the latest financial reports, Cavendish Hydrogen ASA (CAVEN) has net assets worth Nkr54.40 Million NOK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr67.10 Million) and total liabilities (Nkr12.70 Million). 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 | Nkr54.40 Million |
| % of Total Assets | 81.07% |
| Annual Growth Rate | 21.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 150.7 |
Cavendish Hydrogen ASA - Net Assets Trend (2020–2024)
This chart illustrates how Cavendish Hydrogen 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 Cavendish Hydrogen ASA (2020–2024)
The table below shows the annual net assets of Cavendish Hydrogen ASA from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr73.10 Million | +242.18% |
| 2023-12-31 | Nkr21.36 Million | +271.79% |
| 2022-12-31 | Nkr5.75 Million | -85.18% |
| 2021-12-31 | Nkr38.78 Million | +14.59% |
| 2020-12-31 | Nkr33.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cavendish Hydrogen 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 decreased by 2180500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr5.90 Million | 8.07% |
| Other Components | Nkr89.00 Million | 121.76% |
| Total Equity | Nkr73.10 Million | 100.00% |
Cavendish Hydrogen ASA Competitors by Market Cap
The table below lists competitors of Cavendish Hydrogen ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mantengu Mining Ltd.
JSE:MTU
|
$7.02 Million |
|
Lai Sun Development Company Limited
PINK:LVSDF
|
$7.02 Million |
|
Trimegah Karya Pratama Tbk PT
JK:UVCR
|
$7.02 Million |
|
AB AMBER GRID EO 029
F:AMH
|
$7.02 Million |
|
BOREO OYJ PREF. EO 085
F:YKK
|
$7.01 Million |
|
WOLFDEN RES. CORP. O.N.
F:WRC
|
$7.01 Million |
|
ASKOLL EVA S.P.A.
F:736
|
$7.01 Million |
|
Future Consumer Limited
NSE:FCONSUMER
|
$7.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cavendish Hydrogen ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,363,000 to 73,100,000, a change of 51,737,000 (242.2%).
- Net loss of 22,700,000 reduced equity.
- Share repurchases of 72,283,000 reduced equity.
- New share issuances of 72,283,000 increased equity.
- Other factors increased equity by 74,437,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-22.70 Million | -31.05% |
| Share Repurchases | Nkr72.28 Million | -98.88% |
| Share Issuances | Nkr72.28 Million | +98.88% |
| Other Changes | Nkr74.44 Million | +101.83% |
| Total Change | Nkr- | 242.18% |
Book Value vs Market Value Analysis
This analysis compares Cavendish Hydrogen 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: 3.25x
- 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 6.12x to 3.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | Nkr1.15 | Nkr7.06 | x |
| 2022-12-31 | Nkr0.17 | Nkr7.06 | x |
| 2023-12-31 | Nkr0.64 | Nkr7.06 | x |
| 2024-12-31 | Nkr2.18 | Nkr7.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cavendish Hydrogen 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): -31.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -73.23%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.30x
- Recent ROE (-31.05%) is above the historical average (-385.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -63.60% | -79.00% | 0.32x | 2.52x | Nkr-28.54 Million |
| 2022 | -1310.48% | -367.25% | 0.25x | 14.32x | Nkr-75.87 Million |
| 2023 | -135.23% | -100.01% | 0.41x | 3.27x | Nkr-31.03 Million |
| 2024 | -31.05% | -73.23% | 0.33x | 1.30x | Nkr-30.01 Million |
Industry Comparison
This section compares Cavendish Hydrogen ASA's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
No peer company data available for comparison.