Green Minerals AS (GEM) - Net Assets
Based on the latest financial reports, Green Minerals AS (GEM) has net assets worth Nkr5.21 Million NOK (≈ $548.24K USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr5.54 Million ≈ $582.55K USD) and total liabilities (Nkr326.00K ≈ $34.30K 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. See Green Minerals AS net asset quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr5.21 Million |
| % of Total Assets | 94.11% |
| Annual Growth Rate | -24.18% |
| 5-Year Change | -60.91% |
| 10-Year Change | N/A |
| Growth Volatility | 220.14 |
Green Minerals AS - Net Assets Trend (2020–2025)
This chart illustrates how Green Minerals AS's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Green Minerals AS market capitalisation.
Annual Net Assets for Green Minerals AS (2020–2025)
The table below shows the annual net assets of Green Minerals AS from 2020 to 2025. Also explore Green Minerals AS annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr7.27 Million ≈ $765.01K |
+504.83% |
| 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 |
-- |
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 decreased by 263316300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Nkr10.50 Million | 144.48% |
| Total Equity | Nkr7.27 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 |
|---|---|
|
Fang Holdings Ltd
NYSE:SFUNY
|
$2.34 Million |
|
Hall of Fame Resort Entertainment Co
NASDAQ:HOFV
|
$2.35 Million |
|
Cathedra Bitcoin Inc
V:CBIT
|
$2.35 Million |
|
Spectur Ltd
AU:SP3
|
$2.35 Million |
|
Diablo Resources Ltd
AU:DBO
|
$2.34 Million |
|
Eleco PLC
LSE:ELCO
|
$2.34 Million |
|
Rallye SA
PA:RAL
|
$2.33 Million |
|
Venerable Ventures Ltd
V:VLV
|
$2.33 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 2024 to 2025, total equity changed from 1,202,000 to 7,270,000, a change of 6,068,000 (504.8%).
- Net loss of 4,666,000 reduced equity.
- Share repurchases of 10,733,000 reduced equity.
- New share issuances of 10,459,000 increased equity.
- Other factors increased equity by 11,008,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-4.67 Million | -64.18% |
| Share Repurchases | Nkr10.73 Million | -147.63% |
| Share Issuances | Nkr10.46 Million | +143.87% |
| Other Changes | Nkr11.01 Million | +151.42% |
| Total Change | Nkr- | 504.83% |
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: 3.05x
- 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 0.49x to 3.05x 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 | Nkr1.10 | x |
| 2021-12-31 | Nkr1.44 | Nkr1.10 | x |
| 2022-12-31 | Nkr1.47 | Nkr1.10 | x |
| 2023-12-31 | Nkr0.77 | Nkr1.10 | x |
| 2024-12-31 | Nkr0.08 | Nkr1.10 | x |
| 2025-12-31 | Nkr0.36 | Nkr1.10 | 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): -64.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.07x
- Recent ROE (-64.18%) is above the historical average (-273.65%), indicating improving 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 |
| 2025 | -64.18% | 0.00% | 0.00x | 1.07x | Nkr-5.39 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) | Nkr5.21 Million | -2.07% | 0.06x | $2.34 Million |
| Nordic Mining ASA (NOM) | $164.29 Million | -20.05% | 0.06x | $24.35 Million |
About Green Minerals AS
Green Minerals AS engages in the offshore mining and marine mineral businesses in Norway. It is involved in the deep sea mining of minerals and rare earth elements. The company was incorporated in 2020 and is headquartered in Oslo, Norway.