EAM Solar ASA
EAM Solar ASA acquires, owns, and operates solar power plants in Europe. The company sells electricity under long-term fixed price sales contracts. It owns and operates 4 solar power plants with a combined installed capacity of 4.0 MW in Italy. The company was incorporated in 2011 and is based in Oslo, Norway.
EAM Solar ASA (EAM) - Net Assets
Latest net assets as of December 2025: Nkr1.82 Million NOK
Based on the latest financial reports, EAM Solar ASA (EAM) has net assets worth Nkr1.82 Million NOK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr11.80 Million) and total liabilities (Nkr9.98 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 | Nkr1.82 Million |
| % of Total Assets | 15.44% |
| Annual Growth Rate | -13.63% |
| 5-Year Change | -73.1% |
| 10-Year Change | -88.48% |
| Growth Volatility | 59.93 |
EAM Solar ASA - Net Assets Trend (2011–2025)
This chart illustrates how EAM Solar 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 EAM Solar ASA (2011–2025)
The table below shows the annual net assets of EAM Solar ASA from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr1.82 Million | +66.69% |
| 2024-12-31 | Nkr1.09 Million | -37.86% |
| 2023-12-31 | Nkr1.76 Million | -54.52% |
| 2022-12-31 | Nkr3.87 Million | -42.90% |
| 2021-12-31 | Nkr6.77 Million | -29.99% |
| 2020-12-31 | Nkr9.67 Million | -11.70% |
| 2019-12-31 | Nkr10.95 Million | -6.44% |
| 2018-12-31 | Nkr11.71 Million | -15.52% |
| 2017-12-31 | Nkr13.86 Million | -12.31% |
| 2016-12-31 | Nkr15.80 Million | +160.43% |
| 2015-12-31 | Nkr-26.15 Million | -154.24% |
| 2014-12-31 | Nkr48.22 Million | +64.44% |
| 2013-12-31 | Nkr29.32 Million | +88.99% |
| 2012-12-31 | Nkr15.52 Million | +9.45% |
| 2011-12-31 | Nkr14.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EAM Solar 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr3.99 Million | 219.29% |
| Total Equity | Nkr1.82 Million | 100.00% |
EAM Solar ASA Competitors by Market Cap
The table below lists competitors of EAM Solar ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SU Group Holdings Limited Ordinary Shares
NASDAQ:SUGP
|
$2.53 Million |
|
BCM Alliance Bhd
KLSE:0187
|
$2.53 Million |
|
Nexgram Holdings Bhd
KLSE:0096
|
$2.53 Million |
|
Coast Copper Corp
PINK:COCCF
|
$2.53 Million |
|
BoMill AB
ST:BOMILL
|
$2.52 Million |
|
Bonso Electronics International Inc.
PINK:BNSOF
|
$2.52 Million |
|
B-52 Capital Public Company Limited
BK:B52
|
$2.52 Million |
|
Paulic Meunerie Sa
PA:ALPAU
|
$2.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EAM Solar ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,092,630 to 1,821,280, a change of 728,650 (66.7%).
- Net loss of 1,023,040 reduced equity.
- Share repurchases of 938,480 reduced equity.
- New share issuances of 938,479 increased equity.
- Other factors increased equity by 1,751,691.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-1.02 Million | -56.17% |
| Share Repurchases | Nkr938.48K | -51.53% |
| Share Issuances | Nkr938.48K | +51.53% |
| Other Changes | Nkr1.75 Million | +96.18% |
| Total Change | Nkr- | 66.69% |
Book Value vs Market Value Analysis
This analysis compares EAM Solar 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: 16.74x
- 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 increased from 0.52x to 16.74x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Nkr2.90 | Nkr1.50 | x |
| 2017-12-31 | Nkr2.02 | Nkr1.50 | x |
| 2018-12-31 | Nkr1.71 | Nkr1.50 | x |
| 2019-12-31 | Nkr1.60 | Nkr1.50 | x |
| 2020-12-31 | Nkr1.41 | Nkr1.50 | x |
| 2021-12-31 | Nkr0.99 | Nkr1.50 | x |
| 2022-12-31 | Nkr0.56 | Nkr1.50 | x |
| 2023-12-31 | Nkr0.39 | Nkr1.50 | x |
| 2024-12-31 | Nkr0.11 | Nkr1.50 | x |
| 2025-12-31 | Nkr0.09 | Nkr1.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EAM Solar 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): -56.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -83.96%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 6.48x
- Recent ROE (-56.17%) is below the historical average (-42.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 15.86% | 149.58% | 0.10x | 1.02x | Nkr1.72 Million |
| 2014 | -3.37% | -18.65% | 0.08x | 2.30x | Nkr-6.45 Million |
| 2015 | 0.00% | -1139.52% | 0.09x | 0.00x | Nkr-67.25 Million |
| 2016 | -126.63% | -449.32% | 0.11x | 2.56x | Nkr-21.59 Million |
| 2017 | -52.06% | -171.23% | 0.14x | 2.18x | Nkr-8.60 Million |
| 2018 | -18.45% | -50.17% | 0.16x | 2.34x | Nkr-3.33 Million |
| 2019 | -2.15% | -7.45% | 0.16x | 1.76x | Nkr-1.33 Million |
| 2020 | -1.79% | -13.61% | 0.08x | 1.73x | Nkr-1.14 Million |
| 2021 | -55.74% | -283.04% | 0.10x | 2.02x | Nkr-4.45 Million |
| 2022 | -57.05% | -180.64% | 0.11x | 2.76x | Nkr-2.59 Million |
| 2023 | -68.89% | -122.02% | 0.12x | 4.81x | Nkr-1.39 Million |
| 2024 | -120.47% | -87.35% | 0.12x | 11.12x | Nkr-1.43 Million |
| 2025 | -56.17% | -83.96% | 0.10x | 6.48x | Nkr-1.21 Million |
Industry Comparison
This section compares EAM Solar ASA's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $2,387,652,760
- Average return on equity (ROE) among peers: -13.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EAM Solar ASA (EAM) | Nkr1.82 Million | 15.86% | 5.48x | $2.52 Million |
| Aega ASA (AEGA) | $8.66 Million | -22.80% | 1.80x | $402.90K |
| Cloudberry Clean Energy As (CLOUD) | $5.43 Billion | 1.12% | 0.74x | $221.08 Million |
| Eqva ASA (EQVA) | $-114.66 Million | 0.00% | 0.00x | $8.18 Million |
| Magnora ASA (MGN) | $5.87 Billion | -14.16% | 1.32x | $81.76 Million |
| MPC Energy Solutions NV (MPCES) | $75.18 Million | -7.47% | 0.72x | $25.09 Million |
| Nordic Financials ASA (NOFIN) | $99.67 Million | -22.80% | 1.80x | $1.70K |
| Norsk Solar AS (NSOL) | $160.38 Million | -21.63% | 0.34x | $384.61K |
| Ocean Sun As (OSUN) | $45.17 Million | -41.32% | 0.17x | $1.30 Million |
| Scatec Solar OL (SCATC) | $9.92 Billion | 3.91% | 2.33x | $1.59 Billion |