Everfuel AS
Everfuel A/S operates as an integrated green hydrogen fuel company in Denmark, the Netherlands, and Germany. The company develops, owns, and operates green hydrogen infrastructure for vertically integrated hydrogen production, distribution, and fueling. It offers hydrogen supply and fueling solutions, as well as for industry stakeholders working with alternative hydrogen-based green fuels and pow… Read more
Everfuel AS (EFUEL) - Net Assets
Latest net assets as of June 2024: Nkr64.56 Million NOK
Based on the latest financial reports, Everfuel AS (EFUEL) has net assets worth Nkr64.56 Million NOK as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr101.42 Million) and total liabilities (Nkr36.86 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 | Nkr64.56 Million |
| % of Total Assets | 63.66% |
| Annual Growth Rate | 220.83% |
| 5-Year Change | 7886.42% |
| 10-Year Change | N/A |
| Growth Volatility | 1083.94 |
Everfuel AS - Net Assets Trend (2017–2023)
This chart illustrates how Everfuel AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Everfuel AS (2017–2023)
The table below shows the annual net assets of Everfuel AS from 2017 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | Nkr70.29 Million | +18.52% |
| 2022-12-31 | Nkr59.31 Million | -23.22% |
| 2021-12-31 | Nkr77.24 Million | +199.85% |
| 2020-12-31 | Nkr25.76 Million | +2826.92% |
| 2019-12-31 | Nkr880.11K | +1592.51% |
| 2018-12-31 | Nkr52.00K | -19.44% |
| 2017-12-31 | Nkr64.55K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Everfuel AS'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 5734361155.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr57.34 Million | 100.23% |
| Total Equity | Nkr57.21 Million | 100.00% |
Everfuel AS Competitors by Market Cap
The table below lists competitors of Everfuel AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chin Yang Ind
KO:003780
|
$24.34 Million |
|
Pylon Public Company Limited
BK:PYLON
|
$24.36 Million |
|
ONUR TEKNOLOJI
IS:ONRYT
|
$24.36 Million |
|
Angkor Resources Corp
OTCQB:ANKOF
|
$24.36 Million |
|
Cyclopharm Ltd
AU:CYC
|
$24.34 Million |
|
Media Prima Bhd
KLSE:4502
|
$24.34 Million |
|
Dagi Giyim Sanayi ve Ticaret AS
IS:DAGI
|
$24.33 Million |
|
Tokens.com Corp.
OTCQB:XBOTF
|
$24.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Everfuel AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 59,308,000 to 57,208,000, a change of -2,100,000 (-3.5%).
- Net loss of 27,498,000 reduced equity.
- New share issuances of 24,356,000 increased equity.
- Other factors increased equity by 1,042,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-27.50 Million | -48.07% |
| Share Issuances | Nkr24.36 Million | +42.57% |
| Other Changes | Nkr1.04 Million | +1.82% |
| Total Change | Nkr- | -3.54% |
Book Value vs Market Value Analysis
This analysis compares Everfuel AS'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: 19.24x
- 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 14469.69x to 19.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | Nkr0.00 | Nkr12.76 | x |
| 2018-12-31 | Nkr0.00 | Nkr12.76 | x |
| 2019-12-31 | Nkr0.01 | Nkr12.76 | x |
| 2020-12-31 | Nkr0.35 | Nkr12.76 | x |
| 2021-12-31 | Nkr0.94 | Nkr12.76 | x |
| 2022-12-31 | Nkr0.76 | Nkr12.76 | x |
| 2023-12-31 | Nkr0.66 | Nkr12.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Everfuel AS 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): -48.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -462.93%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.94x
- Recent ROE (-48.07%) is below the historical average (-19.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -4.05% | 0.00% | 0.00x | 1.02x | Nkr-9.07K |
| 2018 | -24.76% | 0.00% | -0.24x | 1.02x | Nkr-18.08K |
| 2019 | -22.45% | -284.11% | 0.06x | 1.37x | Nkr-285.61K |
| 2020 | -1.98% | -740.58% | 0.00x | 1.05x | Nkr-3.09 Million |
| 2021 | -8.47% | -3292.75% | 0.00x | 1.12x | Nkr-13.86 Million |
| 2022 | -27.89% | -415.50% | 0.04x | 1.73x | Nkr-22.47 Million |
| 2023 | -48.07% | -462.93% | 0.05x | 1.94x | Nkr-33.22 Million |
Industry Comparison
This section compares Everfuel AS's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $156,504,500
- Average return on equity (ROE) among peers: -93.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Everfuel AS (EFUEL) | Nkr64.56 Million | -4.05% | 0.57x | $24.34 Million |
| Bergen Carbon Solutions A/S (BCS) | $308.66 Million | -17.50% | 0.09x | $12.44 Million |
| Tekna Holding AS (TEKNA) | $4.35 Million | -169.79% | 9.69x | $12.00 Million |