Eqva ASA

OL:EQVA Norway Utilities - Renewable
Market Cap
$22.21 Million
Nkr253.11 Million NOK
Market Cap Rank
#29418 Global
#172 in Norway
Share Price
Nkr3.05
Change (1 day)
+1.67%
52-Week Range
Nkr2.80 - Nkr5.36
All Time High
Nkr6.86
About

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.

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