EAM Solar ASA (EAM) - Net Assets
Based on the latest financial reports, EAM Solar ASA (EAM) has net assets worth Nkr3.42 Million NOK (≈ $359.92K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr13.44 Million ≈ $1.41 Million USD) and total liabilities (Nkr10.01 Million ≈ $1.05 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. Check EAM strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr3.42 Million |
| % of Total Assets | 25.46% |
| 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. For live market cap and overall valuation, see EAM market cap.
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. Also explore how fast is EAM Solar ASA growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr1.82 Million ≈ $191.65K |
+66.69% |
| 2024-12-31 | Nkr1.09 Million ≈ $114.98K |
-37.86% |
| 2023-12-31 | Nkr1.76 Million ≈ $185.03K |
-54.52% |
| 2022-12-31 | Nkr3.87 Million ≈ $406.81K |
-42.90% |
| 2021-12-31 | Nkr6.77 Million ≈ $712.48K |
-29.99% |
| 2020-12-31 | Nkr9.67 Million ≈ $1.02 Million |
-11.70% |
| 2019-12-31 | Nkr10.95 Million ≈ $1.15 Million |
-6.44% |
| 2018-12-31 | Nkr11.71 Million ≈ $1.23 Million |
-15.52% |
| 2017-12-31 | Nkr13.86 Million ≈ $1.46 Million |
-12.31% |
| 2016-12-31 | Nkr15.80 Million ≈ $1.66 Million |
+160.43% |
| 2015-12-31 | Nkr-26.15 Million ≈ $-2.75 Million |
-154.24% |
| 2014-12-31 | Nkr48.22 Million ≈ $5.07 Million |
+64.44% |
| 2013-12-31 | Nkr29.32 Million ≈ $3.09 Million |
+88.99% |
| 2012-12-31 | Nkr15.52 Million ≈ $1.63 Million |
+9.45% |
| 2011-12-31 | Nkr14.18 Million ≈ $1.49 Million |
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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 |
|---|---|
|
Wah Fu Education Group Ltd
NASDAQ:WAFU
|
$3.97 Million |
|
Click Holdings Limited
NASDAQ:CLIK
|
$3.98 Million |
|
AM Resources Corp
V:AMR
|
$3.98 Million |
|
Odyssean Investment Trust PLC
LSE:OIT
|
$3.98 Million |
|
THALASSA HLDG.NEW DL-01
F:TH2P
|
$3.97 Million |
|
Alvo Minerals Ltd
AU:ALV
|
$3.97 Million |
|
NLS Pharmaceutics AG
NASDAQ:NLSP
|
$3.97 Million |
|
Wi2Wi Corporation
V:YTY
|
$3.96 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: 7.59x
- 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 0.23x to 7.59x 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 | Nkr0.68 | x |
| 2017-12-31 | Nkr2.02 | Nkr0.68 | x |
| 2018-12-31 | Nkr1.71 | Nkr0.68 | x |
| 2019-12-31 | Nkr1.60 | Nkr0.68 | x |
| 2020-12-31 | Nkr1.41 | Nkr0.68 | x |
| 2021-12-31 | Nkr0.99 | Nkr0.68 | x |
| 2022-12-31 | Nkr0.56 | Nkr0.68 | x |
| 2023-12-31 | Nkr0.39 | Nkr0.68 | x |
| 2024-12-31 | Nkr0.11 | Nkr0.68 | x |
| 2025-12-31 | Nkr0.09 | Nkr0.68 | 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: $2,145,968,268
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EAM Solar ASA (EAM) | Nkr3.42 Million | 15.86% | 2.93x | $3.97 Million |
| Aker Horizons AS (AKH) | $13.62 Billion | -59.14% | 1.74x | $915.32K |
| Cloudberry Clean Energy As (CLOUD) | $1.05 Billion | -3.21% | 0.32x | $476.73 Million |
| Eqva ASA (EQVA) | $394.30 Million | 11.49% | 1.77x | $26.55 Million |
| Magnora ASA (MGN) | $118.10 Million | 24.13% | 0.05x | $234.65 Million |
| MPC Energy Solutions NV (MPCES) | $50.23 Million | -34.77% | 1.46x | $4.68 Million |
| Ocean Sun As (OSUN) | $26.03 Million | -18.82% | 0.11x | $2.07 Million |
| Scatec Solar OL (SCATC) | $1.89 Billion | 17.97% | 4.43x | $1.71 Billion |
| Skandia Greenpower AS (SKAND) | $22.14 Million | -30.13% | 3.81x | $19.17 Million |
About EAM Solar ASA
EAM Solar AS acquires, owns, and operates solar photovoltaic 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. EAM Solar AS was incorporated in 2011 and is headquartered in Oslo, Norway.