Eqva ASA (EQVA) - Net Assets

Latest as of December 2025: Nkr394.30 Million NOK ≈ $41.49 Million USD

Based on the latest financial reports, Eqva ASA (EQVA) has net assets worth Nkr394.30 Million NOK (≈ $41.49 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr1.09 Billion ≈ $114.94 Million USD) and total liabilities (Nkr698.00 Million ≈ $73.45 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 EQVA financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Nkr394.30 Million
% of Total Assets	36.1%
Annual Growth Rate	-0.41%
5-Year Change	32.4%
10-Year Change	-18.9%
Growth Volatility	42.97

Eqva ASA - Net Assets Trend (2011–2025)

This chart illustrates how Eqva ASA's net assets have evolved over time, based on quarterly financial data. Also explore Eqva ASA (EQVA) total assets for the complete picture of this company's asset base.

Annual Net Assets for Eqva ASA (2011–2025)

The table below shows the annual net assets of Eqva ASA from 2011 to 2025. For live valuation and market cap data, see Eqva ASA stock valuation.

Year	Net Assets	Change
2025-12-31	Nkr394.30 Million ≈ $41.49 Million	+26.38%
2024-12-31	Nkr312.00 Million ≈ $32.83 Million	+7.43%
2023-12-31	Nkr290.42 Million ≈ $30.56 Million	-6.96%
2022-12-31	Nkr312.14 Million ≈ $32.85 Million	+4.81%
2021-12-31	Nkr297.81 Million ≈ $31.34 Million	+1066.17%
2020-12-31	Nkr-30.82 Million ≈ $-3.24 Million	+73.12%
2019-12-31	Nkr-114.66 Million ≈ $-12.07 Million	-139.08%
2018-12-31	Nkr293.39 Million ≈ $30.87 Million	-39.00%
2017-12-31	Nkr480.94 Million ≈ $50.61 Million	-1.08%
2016-12-31	Nkr486.19 Million ≈ $51.16 Million	-4.47%
2015-12-31	Nkr508.96 Million ≈ $53.56 Million	-14.65%
2014-12-31	Nkr596.34 Million ≈ $62.75 Million	-10.79%
2013-12-31	Nkr668.44 Million ≈ $70.34 Million	+26.98%
2012-12-31	Nkr526.40 Million ≈ $55.39 Million	+26.02%
2011-12-31	Nkr417.72 Million ≈ $43.96 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 67.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	Nkr133.60 Million	33.88%
Common Stock	Nkr4.20 Million	1.07%
Other Components	Nkr256.50 Million	65.05%
Total Equity	Nkr394.30 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
Tien Wah Press Holdings Bhd KLSE:7374	$27.07 Million
Optrontec Inc KQ:082210	$27.09 Million
Advance Metals Ltd AU:AVM	$27.10 Million
EMB Mission Bound AB (publ) ST:NAVIGO-STAM	$27.10 Million
Pato Chemical Industry Public Company Limited BK:PATO	$27.07 Million
B3 Consulting Group AB ST:B3	$27.06 Million
Advance NanoTek Limited F:BBJ	$27.06 Million
Q Capital Partners Co. Ltd KQ:016600	$27.06 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 2024 to 2025, total equity changed from 319,437,000 to 394,300,000, a change of 74,863,000 (23.4%).
Net income of 45,300,000 contributed positively to equity growth.
Other factors increased equity by 29,563,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Nkr45.30 Million	+11.49%
Other Changes	Nkr29.56 Million	+7.5%
Total Change	Nkr-	23.44%

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: 0.65x
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 0.65x 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	Nkr3.10	x
2013-12-31	Nkr28.74	Nkr3.10	x
2014-12-31	Nkr26.20	Nkr3.10	x
2015-12-31	Nkr20.03	Nkr3.10	x
2016-12-31	Nkr18.54	Nkr3.10	x
2017-12-31	Nkr15.36	Nkr3.10	x
2018-12-31	Nkr8.51	Nkr3.10	x
2019-12-31	Nkr-6.51	Nkr3.10	x
2020-12-31	Nkr-3.18	Nkr3.10	x
2021-12-31	Nkr12.02	Nkr3.10	x
2022-12-31	Nkr4.31	Nkr3.10	x
2023-12-31	Nkr3.96	Nkr3.10	x
2024-12-31	Nkr4.00	Nkr3.10	x
2025-12-31	Nkr4.77	Nkr3.10	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): 11.49%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.52%
• Asset Turnover: 1.18x
• Equity Multiplier: 2.77x
Recent ROE (11.49%) is above the historical average (2.89%), 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
2025	11.49%	3.52%	1.18x	2.77x	Nkr5.87 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: $1,873,175,714
Average return on equity (ROE) among peers: -21.39%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Eqva ASA (EQVA)	Nkr394.30 Million	32.26%	1.77x	$27.07 Million
Aker Horizons AS (AKH)	$2.33 Billion	-13.71%	12.46x	$915.32K
Cloudberry Clean Energy As (CLOUD)	$2.64 Billion	-2.39%	0.18x	$439.95 Million
EAM Solar ASA (EAM)	$48.22 Million	-3.37%	1.30x	$2.79 Million
Magnora ASA (MGN)	$9.10 Million	-79.96%	0.60x	$199.75 Million
MPC Energy Solutions NV (MPCES)	$-547.41K	0.00%	0.00x	$33.36 Million
Ocean Sun As (OSUN)	$28.30 Million	-59.94%	0.31x	$4.97 Million
Scatec Solar OL (SCATC)	$9.92 Billion	3.91%	2.33x	$1.79 Billion
Skandia Greenpower AS (SKAND)	$19.13 Million	-15.66%	4.49x	$21.06 Million

About Eqva ASA

OL:EQVA Norway Utilities - Renewable

Market Cap

$27.07 Million

Nkr257.26 Million NOK

Market Cap Rank

#24167 Global

#226 in Norway

Share Price

Nkr3.10

Change (1 day)

+1.97%

52-Week Range

Nkr2.80 - Nkr5.36

All Time High

Nkr6.86