Green Minerals AS (GEM) - Net Assets
Based on the latest financial reports, Green Minerals AS (GEM) has net assets worth Nkr8.78 Million NOK (≈ $923.80K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr9.76 Million ≈ $1.03 Million USD) and total liabilities (Nkr983.00K ≈ $103.44K 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 GEM asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr8.78 Million |
| % of Total Assets | 89.93% |
| Annual Growth Rate | -54.88% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 35.75 |
Green Minerals AS - Net Assets Trend (2020–2024)
This chart illustrates how Green Minerals AS's net assets have evolved over time, based on quarterly financial data. Also explore GEM total asset value for the complete picture of this company's asset base.
Annual Net Assets for Green Minerals AS (2020–2024)
The table below shows the annual net assets of Green Minerals AS from 2020 to 2024. For live valuation and market cap data, see GEM market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr1.20 Million ≈ $126.49K |
-89.51% |
| 2023-12-31 | Nkr11.46 Million ≈ $1.21 Million |
-44.61% |
| 2022-12-31 | Nkr20.68 Million ≈ $2.18 Million |
+11.23% |
| 2021-12-31 | Nkr18.60 Million ≈ $1.96 Million |
-35.87% |
| 2020-12-31 | Nkr29.00 Million ≈ $3.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Green Minerals 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 175983700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr1.16 Million | 96.42% |
| Other Components | Nkr43.00K | 3.58% |
| Total Equity | Nkr1.20 Million | 100.00% |
Green Minerals AS Competitors by Market Cap
The table below lists competitors of Green Minerals AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MS INTERNATIONAL plc
LSE:MSI
|
$3.23 Million |
|
COLLPLANT BIOTECH. IS-01
F:CPT
|
$3.23 Million |
|
iCoreConnect Inc. Common stock
NASDAQ:ICCT
|
$3.23 Million |
|
Comanche International Public Company Limited
BK:COMAN
|
$3.24 Million |
|
Rebosis Property Fund Ltd
JSE:REA
|
$3.23 Million |
|
Boqii Holding Limited
NYSE MKT:BQ
|
$3.23 Million |
|
Albion Technology & General VCT PLC
LSE:AATG
|
$3.22 Million |
|
Williamson Magor & Company Limited
NSE:WILLAMAGOR
|
$3.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Green Minerals AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,457,000 to 1,202,000, a change of -10,255,000 (-89.5%).
- Net loss of 16,529,000 reduced equity.
- Share repurchases of 7,830,000 reduced equity.
- New share issuances of 7,830,000 increased equity.
- Other factors increased equity by 6,274,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-16.53 Million | -1375.12% |
| Share Repurchases | Nkr7.83 Million | -651.41% |
| Share Issuances | Nkr7.83 Million | +651.41% |
| Other Changes | Nkr6.27 Million | +521.96% |
| Total Change | Nkr- | -89.51% |
Book Value vs Market Value Analysis
This analysis compares Green Minerals 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: 19.44x
- 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 0.68x to 19.44x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | Nkr2.25 | Nkr1.52 | x |
| 2021-12-31 | Nkr1.44 | Nkr1.52 | x |
| 2022-12-31 | Nkr1.47 | Nkr1.52 | x |
| 2023-12-31 | Nkr0.77 | Nkr1.52 | x |
| 2024-12-31 | Nkr0.08 | Nkr1.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Green Minerals 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): -1375.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -275483.33%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.68x
- Recent ROE (-1375.12%) is below the historical average (-315.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -2.07% | 0.00% | 0.00x | 1.00x | Nkr-3.50 Million |
| 2021 | -51.11% | 0.00% | 0.00x | 1.03x | Nkr-11.36 Million |
| 2022 | -53.71% | -5393.20% | 0.01x | 1.06x | Nkr-13.18 Million |
| 2023 | -95.71% | -182766.67% | 0.00x | 1.11x | Nkr-12.11 Million |
| 2024 | -1375.12% | -275483.33% | 0.00x | 2.68x | Nkr-16.65 Million |
Industry Comparison
This section compares Green Minerals AS's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $164,288,000
- Average return on equity (ROE) among peers: -20.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Green Minerals AS (GEM) | Nkr8.78 Million | -2.07% | 0.11x | $3.23 Million |
| Nordic Mining ASA (NOM) | $164.29 Million | -20.05% | 0.06x | $160.57 Million |
About Green Minerals AS
Green Minerals AS provides offshore mining and marine minerals in Norway and internationally. It engages in deep sea mining of minerals and rare earth elements. The company was incorporated in 2020 and is headquartered in Oslo, Norway.