Crayon Group Holding ASA (CRAYN) - Net Assets
Based on the latest financial reports, Crayon Group Holding ASA (CRAYN) has net assets worth Nkr2.96 Billion NOK 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) and total liabilities (Nkr16.59 Billion). 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 | 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. Explore and compare other companies by net assets.
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.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr2.96 Billion | +19.15% |
| 2023-12-31 | Nkr2.48 Billion | -1.22% |
| 2022-12-31 | Nkr2.51 Billion | +16.34% |
| 2021-12-31 | Nkr2.16 Billion | +95.61% |
| 2020-12-31 | Nkr1.10 Billion | +88.44% |
| 2019-12-31 | Nkr585.41 Million | -0.15% |
| 2018-12-31 | Nkr586.31 Million | +3.59% |
| 2017-12-31 | Nkr566.00 Million | +107.80% |
| 2016-12-31 | Nkr272.37 Million | -25.16% |
| 2015-12-31 | Nkr363.94 Million | -1.47% |
| 2014-12-31 | Nkr369.35 Million | +12.93% |
| 2013-12-31 | Nkr327.05 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 |
|---|---|
|
Beijing China Sciences Runyu Environmental Technology Co. Ltd.
SHE:301175
|
$1.35 Billion |
|
Acbel Polytech Inc
TW:6282
|
$1.36 Billion |
|
Norconsult ASA
OL:NORCO
|
$1.36 Billion |
|
Embracer Group AB (publ)
ST:EMBRAC-B
|
$1.36 Billion |
|
Beijing Urban Rural Commercial Group Co Ltd
SHG:600861
|
$1.35 Billion |
|
CGN NEW ENERGY HO.HD0001
F:C41
|
$1.35 Billion |
|
Empresa Nacional de Telecomunicaciones SA
SN:ENTEL
|
$1.35 Billion |
|
Guoguang Electric Co Ltd Chengdu
SHG:688776
|
$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: $619,348,530
- Average return on equity (ROE) among peers: 13.28%
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) | $316.21 Million | -17.59% | 0.30x | $54.94 Million |
| Atea ASA (ATEA) | $2.10 Billion | 20.14% | 2.20x | $1.69 Billion |
| Bouvet (BOUV) | $116.83 Million | 41.91% | 1.68x | $572.12 Million |
| Itera ASA (ITERA) | $47.89 Million | 118.38% | 5.23x | $60.36 Million |
| River Tech plc (RIVER) | $11.39 Million | -51.74% | 1.05x | $3.03 Million |
| Spir Group ASA (SPIR) | $704.79 Million | -1.23% | 1.27x | $119.48 Million |
| TietoEVRY Oyj (TIETO) | $1.30 Billion | -4.84% | 1.35x | $2.55 Billion |
| Webstep ASA (WSTEP) | $359.18 Million | 1.24% | 0.97x | $49.76 Million |
About Crayon Group Holding ASA
Crayon Group Holding ASA, together with its subsidiaries, operates as an IT consultancy company in the Nordics, Europe, the Asia-Pacific, the Middle East and Africa, and the United States. It operates through the Software & Cloud Direct, Software & Cloud Channel, Software & Cloud Economics, and Consulting segments. The company offers software procurement services; IT cost management services, inc… Read more