Crayon Group Holding ASA (CRAYN) - Net Assets

Latest as of December 2024: Nkr2.96 Billion NOK ≈ $310.95 Million USD

Based on the latest financial reports, Crayon Group Holding ASA (CRAYN) has net assets worth Nkr2.96 Billion NOK (≈ $310.95 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr19.55 Billion ≈ $2.06 Billion USD) and total liabilities (Nkr16.59 Billion ≈ $1.75 Billion 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 CRAYN tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Nkr2.96 Billion
% of Total Assets	15.12%
Annual Growth Rate	22.15%
5-Year Change	167.86%
10-Year Change	711.95%
Growth Volatility	43.66

Crayon Group Holding ASA - Net Assets Trend (2013–2024)

This chart illustrates how Crayon Group Holding ASA's net assets have evolved over time, based on quarterly financial data. See CRAYN defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Crayon Group Holding ASA (2013–2024)

The table below shows the annual net assets of Crayon Group Holding ASA from 2013 to 2024. For live valuation and market cap data, see Crayon Group Holding ASA market capitalisation.

Year	Net Assets	Change
2024-12-31	Nkr2.96 Billion ≈ $310.95 Million	+19.15%
2023-12-31	Nkr2.48 Billion ≈ $260.97 Million	-1.22%
2022-12-31	Nkr2.51 Billion ≈ $264.18 Million	+16.34%
2021-12-31	Nkr2.16 Billion ≈ $227.08 Million	+95.61%
2020-12-31	Nkr1.10 Billion ≈ $116.09 Million	+88.44%
2019-12-31	Nkr585.41 Million ≈ $61.60 Million	-0.15%
2018-12-31	Nkr586.31 Million ≈ $61.70 Million	+3.59%
2017-12-31	Nkr566.00 Million ≈ $59.56 Million	+107.80%
2016-12-31	Nkr272.37 Million ≈ $28.66 Million	-25.16%
2015-12-31	Nkr363.94 Million ≈ $38.30 Million	-1.47%
2014-12-31	Nkr369.35 Million ≈ $38.87 Million	+12.93%
2013-12-31	Nkr327.05 Million ≈ $34.42 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Crayon Group Holding 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 14116.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	Nkr1.06 Billion	35.90%
Other Components	Nkr1.90 Billion	64.10%
Total Equity	Nkr2.96 Billion	100.00%

Crayon Group Holding ASA Competitors by Market Cap

The table below lists competitors of Crayon Group Holding ASA ranked by their market capitalization.

Company	Market Cap
SFL Corporation Ltd F:UG6	$1.35 Billion
Hangjin Technology Co Ltd SHE:000818	$1.35 Billion
Land and Houses Public Company Limited BK:LH	$1.36 Billion
Suzhou Hycan Holdings Co Ltd SHE:002787	$1.36 Billion
Hangzhou Honghua Digital Technology Stock Company LTD SHG:688789	$1.35 Billion
China Express Airlines Co Ltd Class A SHE:002928	$1.35 Billion
Yelp Inc NYSE:YELP	$1.35 Billion
Zhejiang Grandwall Electric Science&Technology Co Ltd Class A SHG:603897	$1.35 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Crayon Group Holding ASA's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,497,000,000 to 2,961,000,000, a change of 464,000,000 (18.6%).
Net income of 258,000,000 contributed positively to equity growth.
New share issuances of 46,000,000 increased equity.
Other factors increased equity by 160,000,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Nkr258.00 Million	+8.71%
Share Issuances	Nkr46.00 Million	+1.55%
Other Changes	Nkr160.00 Million	+5.4%
Total Change	Nkr-	18.58%

Book Value vs Market Value Analysis

This analysis compares Crayon Group Holding 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: 4.29x
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 23.55x to 4.29x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-12-31	Nkr6.11	Nkr144.00	x
2014-12-31	Nkr7.06	Nkr144.00	x
2015-12-31	Nkr6.66	Nkr144.00	x
2016-12-31	Nkr4.96	Nkr144.00	x
2017-12-31	Nkr10.09	Nkr144.00	x
2018-12-31	Nkr7.83	Nkr144.00	x
2019-12-31	Nkr7.77	Nkr144.00	x
2020-12-31	Nkr13.53	Nkr144.00	x
2021-12-31	Nkr26.10	Nkr144.00	x
2022-12-31	Nkr28.12	Nkr144.00	x
2023-12-31	Nkr28.28	Nkr144.00	x
2024-12-31	Nkr33.54	Nkr144.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Crayon Group Holding 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): 8.71%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.68%
• Asset Turnover: 0.36x
• Equity Multiplier: 6.60x
Recent ROE (8.71%) is above the historical average (0.46%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	8.16%	0.86%	1.61x	5.89x	Nkr-5.94 Million
2014	-1.61%	-0.16%	1.81x	5.53x	Nkr-43.19 Million
2015	-16.26%	-1.22%	1.95x	6.86x	Nkr-92.15 Million
2016	-4.12%	-0.18%	2.31x	9.96x	Nkr-36.89 Million
2017	-8.00%	-0.61%	2.37x	5.53x	Nkr-100.41 Million
2018	2.60%	0.17%	2.63x	5.81x	Nkr-43.73 Million
2019	-2.06%	-0.09%	3.26x	7.04x	Nkr-71.58 Million
2020	10.96%	0.61%	3.10x	5.74x	Nkr10.51 Million
2021	10.70%	0.86%	2.34x	5.32x	Nkr14.78 Million
2022	1.01%	0.49%	0.35x	5.91x	Nkr-225.76 Million
2023	-4.61%	-1.80%	0.39x	6.63x	Nkr-364.70 Million
2024	8.71%	3.68%	0.36x	6.60x	Nkr-38.10 Million

Industry Comparison

This section compares Crayon Group Holding ASA's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

Industry: Information Technology Services
Average net assets among peers: $559,162,050
Average return on equity (ROE) among peers: -3.89%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Crayon Group Holding ASA (CRAYN)	Nkr2.96 Billion	8.16%	5.62x	$1.35 Billion
Arribatec Solutions ASA (ARR)	$16.54 Million	-287.11%	1.50x	$40.41 Million
Atea ASA (ATEA)	$3.08 Billion	17.24%	3.86x	$1.94 Billion
Bouvet (BOUV)	$176.16 Million	44.78%	2.04x	$487.41 Million
Itera ASA (ITERA)	$47.89 Million	118.38%	5.23x	$55.89 Million
River Tech plc (RIVER)	$13.65 Million	61.67%	0.20x	$3.03 Million
Spir Group ASA (SPIR)	$253.59 Million	5.60%	0.78x	$119.48 Million
Webstep ASA (WSTEP)	$331.31 Million	12.18%	0.79x	$42.89 Million

About Crayon Group Holding ASA

OL:CRAYN Norway Information Technology Services

Market Cap

$1.35 Billion

Nkr12.87 Billion NOK

Market Cap Rank

#7779 Global

#60 in Norway

Share Price

Nkr144.00

Change (1 day)

+0.00%

52-Week Range

Nkr139.50 - Nkr144.50

All Time High

Nkr202.20