Eqva ASA
Eqva ASA, provides technical solutions and services to maritime and land based industries in Norway and internationally. It operates in four segments: Industrial Solutions; Renewables; Real Estate; and Other. The company provides technical installations to the land-based and maritime industry; and develops and operates small-scale hydropower plants. It engages in real estate business. The company… Read more
Eqva ASA (EQVA) - Net Assets
Latest net assets as of September 2025: Nkr395.32 Million NOK
Based on the latest financial reports, Eqva ASA (EQVA) has net assets worth Nkr395.32 Million NOK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr1.07 Billion) and total liabilities (Nkr673.01 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 | Nkr395.32 Million |
| % of Total Assets | 37.0% |
| Annual Growth Rate | -2.22% |
| 5-Year Change | N/A |
| 10-Year Change | -38.7% |
| Growth Volatility | 43.36 |
Eqva ASA - Net Assets Trend (2011–2024)
This chart illustrates how Eqva 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 Eqva ASA (2011–2024)
The table below shows the annual net assets of Eqva ASA from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr312.00 Million | +7.43% |
| 2023-12-31 | Nkr290.42 Million | -6.96% |
| 2022-12-31 | Nkr312.14 Million | +4.81% |
| 2021-12-31 | Nkr297.81 Million | +1066.17% |
| 2020-12-31 | Nkr-30.82 Million | +73.12% |
| 2019-12-31 | Nkr-114.66 Million | -139.08% |
| 2018-12-31 | Nkr293.39 Million | -39.00% |
| 2017-12-31 | Nkr480.94 Million | -1.08% |
| 2016-12-31 | Nkr486.19 Million | -4.47% |
| 2015-12-31 | Nkr508.96 Million | -14.65% |
| 2014-12-31 | Nkr596.34 Million | -10.79% |
| 2013-12-31 | Nkr668.44 Million | +26.98% |
| 2012-12-31 | Nkr526.40 Million | +26.02% |
| 2011-12-31 | Nkr417.72 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eqva 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 74.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr104.01 Million | 32.56% |
| Common Stock | Nkr3.77 Million | 1.18% |
| Other Components | Nkr211.66 Million | 66.26% |
| Total Equity | Nkr319.44 Million | 100.00% |
Eqva ASA Competitors by Market Cap
The table below lists competitors of Eqva ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COSTCO WHSL - Dusseldorf Stock Exchang
DU:CTO
|
$8.18 Million |
|
S H L Telemedicine Ltd
SW:SHLTN
|
$8.18 Million |
|
Giga Metals Corporation
OTCQX:GIGGF
|
$8.18 Million |
|
Pioneerindo Gourmet International
JK:PTSP
|
$8.18 Million |
|
Shradha Infraprojects Limited
NSE:SHRADHA
|
$8.18 Million |
|
Commerce Resources Corp
OTCQB:CMRZF
|
$8.18 Million |
|
BIOEXTRAX AB
F:85X0
|
$8.18 Million |
|
Tembaga Mulia Semanan Tbk
JK:TBMS
|
$8.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eqva ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 285,104,000 to 319,437,000, a change of 34,333,000 (12.0%).
- Net income of 29,872,000 contributed positively to equity growth.
- Dividend payments of 14,397,000 reduced retained earnings.
- Share repurchases of 12,079,000 reduced equity.
- New share issuances of 12,079,000 increased equity.
- Other factors increased equity by 18,858,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr29.87 Million | +9.35% |
| Dividends Paid | Nkr14.40 Million | -4.51% |
| Share Repurchases | Nkr12.08 Million | -3.78% |
| Share Issuances | Nkr12.08 Million | +3.78% |
| Other Changes | Nkr18.86 Million | +5.9% |
| Total Change | Nkr- | 12.04% |
Book Value vs Market Value Analysis
This analysis compares Eqva 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: 0.76x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.14x to 0.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Nkr22.57 | Nkr3.05 | x |
| 2013-12-31 | Nkr28.74 | Nkr3.05 | x |
| 2014-12-31 | Nkr26.20 | Nkr3.05 | x |
| 2015-12-31 | Nkr20.03 | Nkr3.05 | x |
| 2016-12-31 | Nkr18.54 | Nkr3.05 | x |
| 2017-12-31 | Nkr15.36 | Nkr3.05 | x |
| 2018-12-31 | Nkr8.51 | Nkr3.05 | x |
| 2019-12-31 | Nkr-6.51 | Nkr3.05 | x |
| 2020-12-31 | Nkr-3.18 | Nkr3.05 | x |
| 2021-12-31 | Nkr12.02 | Nkr3.05 | x |
| 2022-12-31 | Nkr4.31 | Nkr3.05 | x |
| 2023-12-31 | Nkr3.96 | Nkr3.05 | x |
| 2024-12-31 | Nkr4.00 | Nkr3.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eqva 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): 9.35%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.82%
- • Asset Turnover: 1.28x
- • Equity Multiplier: 2.60x
- Recent ROE (9.35%) is above the historical average (2.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 32.26% | 11.46% | 1.03x | 2.73x | Nkr112.82 Million |
| 2013 | 21.33% | 6.95% | 1.30x | 2.37x | Nkr73.36 Million |
| 2014 | 4.74% | 1.17% | 1.38x | 2.94x | Nkr-31.04 Million |
| 2015 | -24.47% | -6.28% | 1.31x | 2.97x | Nkr-155.59 Million |
| 2016 | -8.49% | -1.84% | 1.49x | 3.09x | Nkr-79.84 Million |
| 2017 | -15.69% | -4.54% | 0.98x | 3.51x | Nkr-97.79 Million |
| 2018 | -91.36% | -8.13% | 1.03x | 10.87x | Nkr-213.82 Million |
| 2019 | 0.00% | -16.40% | 1.27x | 0.00x | Nkr-350.65 Million |
| 2020 | 0.00% | 5.09% | 0.86x | 0.00x | Nkr92.79 Million |
| 2021 | 116.58% | 38.45% | 1.84x | 1.65x | Nkr317.42 Million |
| 2022 | -6.93% | -9.66% | 0.31x | 2.31x | Nkr-52.28 Million |
| 2023 | -8.32% | -3.60% | 0.99x | 2.34x | Nkr-52.24 Million |
| 2024 | 9.35% | 2.82% | 1.28x | 2.60x | Nkr-2.07 Million |
Industry Comparison
This section compares Eqva ASA's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $2,401,466,956
- Average return on equity (ROE) among peers: -14.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eqva ASA (EQVA) | Nkr395.32 Million | 32.26% | 1.70x | $8.18 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 |
| EAM Solar ASA (EAM) | $9.67 Million | -1.79% | 0.73x | $2.52 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 |