Cadeler PLC Net Assets
Cadeler PLC net assets. Based on the latest financial reports, Cadeler PLC (CDLR) has net assets worth Nkr1.77 Billion NOK (≈ $186.63 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 (Nkr3.54 Billion ≈ $372.94 Million USD) and total liabilities (Nkr1.77 Billion ≈ $186.31 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. Also explore net asset momentum of Cadeler PLC to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr1.77 Billion |
| % of Total Assets | 50.04% |
| Annual Growth Rate | 40.63% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 24.74 |
Net Assets of Cadeler PLC (2022–2025)
Net assets of Cadeler PLC from 2022 to 2025. This chart illustrates how Cadeler PLC's net assets have evolved over time, based on quarterly financial data. See CDLR net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Cadeler PLC (2022–2025)
The table below shows the annual net assets of Cadeler PLC from 2022 to 2025. For live market cap and overall valuation, see how much is Cadeler PLC worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr1.50 Billion ≈ $158.23 Million |
+21.86% |
| 2024-12-31 | Nkr1.23 Billion ≈ $129.84 Million |
+28.66% |
| 2023-12-31 | Nkr959.04 Million ≈ $100.92 Million |
+77.41% |
| 2022-12-31 | Nkr540.57 Million ≈ $56.88 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Cadeler PLC'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 10891.4% over the analyzed period, indicating profitable operations and earnings retention.
Cadeler PLC Net Assets Breakdown (December 2025)
Cadeler PLC net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr341.61 Million | 22.72% |
| Other Components | Nkr1.16 Billion | 77.28% |
| Total Equity | Nkr1.50 Billion | 100.00% |
Cadeler PLC Competitors by Market Cap
The table below lists competitors of Cadeler PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Uroica Mining Safety Eng
SHE:300099
|
$589.05 Million |
|
Sumber Global Energy Tbk Pt
JK:SGER
|
$589.10 Million |
|
Complete Logistic Services Bhd
KLSE:5136
|
$589.14 Million |
|
Tempo Scan Pacific Tbk
JK:TSPC
|
$589.30 Million |
|
ProCredit Holding AG & Co KGaA
XETRA:PCZ
|
$588.98 Million |
|
Unity Bancorp Inc
NASDAQ:UNTY
|
$588.95 Million |
|
Cytek Biosciences Inc
NASDAQ:CTKB
|
$588.89 Million |
|
BEIJ.JINGNENG CL.ERG.HYC1
F:BJ6
|
$588.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cadeler PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,233,894,000 to 1,503,676,000, a change of 269,782,000 (21.9%).
- Net income of 280,184,000 contributed positively to equity growth.
- Share repurchases of 1,716,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr280.18 Million | +18.63% |
| Share Repurchases | Nkr1.72 Million | -0.11% |
| Other Changes | Nkr-8.69 Million | -0.58% |
| Total Change | Nkr- | 21.86% |
Book Value vs Market Value Analysis
This analysis compares Cadeler PLC'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: 14.70x
- 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 23.03x to 14.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | Nkr2.74 | Nkr63.00 | x |
| 2023-12-31 | Nkr3.08 | Nkr63.00 | x |
| 2024-12-31 | Nkr3.52 | Nkr63.00 | x |
| 2025-12-31 | Nkr4.29 | Nkr63.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cadeler PLC 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): 18.63%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 45.17%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 2.27x
- Recent ROE (18.63%) is above the historical average (7.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 6.57% | 33.40% | 0.16x | 1.24x | Nkr-18.52 Million |
| 2023 | 1.20% | 10.59% | 0.09x | 1.31x | Nkr-84.41 Million |
| 2024 | 5.27% | 26.16% | 0.13x | 1.57x | Nkr-58.32 Million |
| 2025 | 18.63% | 45.17% | 0.18x | 2.27x | Nkr129.82 Million |
Industry Comparison
This section compares Cadeler PLC's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,072,846,444
- Average return on equity (ROE) among peers: 13.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cadeler PLC (CDLR) | Nkr1.77 Billion | 6.57% | 1.00x | $589.03 Million |
| AF Gruppen ASA (AFG) | $569.98 Million | 30.48% | 3.48x | $2.37 Billion |
| Cadeler As (CADLR) | $241.06 Million | -11.21% | 0.40x | $2.14 Billion |
| DOF Group ASA (DOFG) | $1.77 Billion | 10.05% | 1.13x | $3.29 Billion |
| Endur ASA (ENDUR) | $111.50 Million | -8.62% | 1.99x | $748.09 Million |
| Goodtech (GOD) | $262.80 Million | -9.63% | 1.01x | $45.39 Million |
| Multiconsult AS (MULTI) | $1.08 Billion | 29.45% | 2.59x | $394.93 Million |
| Norconsult ASA (NORCO) | $2.06 Billion | 24.99% | 2.07x | $1.19 Billion |
| Sentia Asa (SNTIA) | $676.00 Million | 26.04% | 6.66x | $96.38K |
| Veidekke ASA (VEI) | $2.88 Billion | 32.08% | 5.10x | $3.29 Billion |
About Cadeler PLC
Cadeler plc, together with its subsidiaries, operates as an offshore wind installation vessel contractor in Denmark, the United Kingdom, Germany, Poland, rest of Europe, the United States, and Taiwan. The company engages in the transport and installation of offshore wind turbine generators, foundations, and topsides and substations; maintenance of offshore wind turbine generators, and offshore st… Read more