Hofseth Biocare ASA Net Assets
Hofseth Biocare ASA net assets. Based on the latest financial reports, Hofseth Biocare ASA (HBC) has net assets worth Nkr-27.85 Million NOK (≈ $-2.93 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr391.35 Million ≈ $41.18 Million USD) and total liabilities (Nkr419.19 Million ≈ $44.11 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. Also explore Hofseth Biocare ASA (HBC) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr-27.85 Million |
| % of Total Assets | -7.12% |
| Annual Growth Rate | -1.52% |
| 5-Year Change | -76.76% |
| 10-Year Change | 88.36% |
| Growth Volatility | 63.54 |
Net Assets of Hofseth Biocare ASA (2010–2024)
Net assets of Hofseth Biocare ASA from 2010 to 2024. This chart illustrates how Hofseth Biocare ASA's net assets have evolved over time, based on quarterly financial data. See how leveraged is Hofseth Biocare ASA's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Hofseth Biocare ASA (2010–2024)
The table below shows the annual net assets of Hofseth Biocare ASA from 2010 to 2024. For live market cap and overall valuation, see HBC market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr61.30 Million ≈ $6.45 Million |
+49.01% |
| 2023-12-31 | Nkr41.14 Million ≈ $4.33 Million |
-72.21% |
| 2022-12-31 | Nkr148.03 Million ≈ $15.58 Million |
+5.45% |
| 2021-12-31 | Nkr140.38 Million ≈ $14.77 Million |
-46.78% |
| 2020-12-31 | Nkr263.76 Million ≈ $27.76 Million |
+124.00% |
| 2019-12-31 | Nkr117.75 Million ≈ $12.39 Million |
+36.85% |
| 2018-12-31 | Nkr86.04 Million ≈ $9.05 Million |
+132.03% |
| 2017-12-31 | Nkr37.08 Million ≈ $3.90 Million |
-30.77% |
| 2016-12-31 | Nkr53.56 Million ≈ $5.64 Million |
+64.58% |
| 2015-12-31 | Nkr32.55 Million ≈ $3.42 Million |
-58.78% |
| 2014-12-31 | Nkr78.95 Million ≈ $8.31 Million |
+27.33% |
| 2013-12-31 | Nkr62.00 Million ≈ $6.52 Million |
+29.94% |
| 2012-12-31 | Nkr47.72 Million ≈ $5.02 Million |
-60.41% |
| 2011-12-31 | Nkr120.53 Million ≈ $12.68 Million |
+58.66% |
| 2010-12-31 | Nkr75.97 Million ≈ $7.99 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hofseth Biocare 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 grown by 1013500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Hofseth Biocare ASA Net Assets Breakdown (December 2024)
Hofseth Biocare ASA net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr4.11 Million | 6.85% |
| Other Components | Nkr55.93 Million | 93.15% |
| Total Equity | Nkr60.05 Million | 100.00% |
Hofseth Biocare ASA Competitors by Market Cap
The table below lists competitors of Hofseth Biocare ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nevada King Gold Corp
V:NKG
|
$45.74 Million |
|
Asia Pacific Wire & Cable Corp Ltd
NASDAQ:APWC
|
$45.77 Million |
|
Kentucky First Federal Bancorp
NASDAQ:KFFB
|
$45.77 Million |
|
LAVA Therapeutics NV
NASDAQ:LVTX
|
$45.77 Million |
|
Spectral AI Inc.
NASDAQ:MDAI
|
$45.73 Million |
|
Primotec Group Ltd
TA:PRMG
|
$45.72 Million |
|
YES24 Co.Ltd
KQ:053280
|
$45.72 Million |
|
Li Cheng Enterprise Co Ltd
TW:4426
|
$45.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hofseth Biocare ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 41,827,000 to 60,045,000, a change of 18,218,000 (43.6%).
- Net loss of 123,405,000 reduced equity.
- Other factors increased equity by 141,623,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-123.41 Million | -205.52% |
| Other Changes | Nkr141.62 Million | +235.86% |
| Total Change | Nkr- | 43.56% |
Book Value vs Market Value Analysis
This analysis compares Hofseth Biocare 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: 7.55x
- 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 0.41x to 7.55x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | Nkr2.67 | Nkr1.10 | x |
| 2011-12-31 | Nkr2.73 | Nkr1.10 | x |
| 2012-12-31 | Nkr0.82 | Nkr1.10 | x |
| 2013-12-31 | Nkr0.84 | Nkr1.10 | x |
| 2014-12-31 | Nkr0.86 | Nkr1.10 | x |
| 2015-12-31 | Nkr0.31 | Nkr1.10 | x |
| 2016-12-31 | Nkr0.37 | Nkr1.10 | x |
| 2017-12-31 | Nkr0.16 | Nkr1.10 | x |
| 2018-12-31 | Nkr0.33 | Nkr1.10 | x |
| 2019-12-31 | Nkr0.39 | Nkr1.10 | x |
| 2020-12-31 | Nkr0.79 | Nkr1.10 | x |
| 2021-12-31 | Nkr0.39 | Nkr1.10 | x |
| 2022-12-31 | Nkr0.40 | Nkr1.10 | x |
| 2023-12-31 | Nkr0.11 | Nkr1.10 | x |
| 2024-12-31 | Nkr0.15 | Nkr1.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hofseth Biocare 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): -205.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -47.94%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 5.69x
- Recent ROE (-205.52%) is below the historical average (-121.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -12.36% | -5489.47% | 0.00x | 1.24x | Nkr-16.98 Million |
| 2011 | -15.80% | -1609.13% | 0.01x | 1.31x | Nkr-31.08 Million |
| 2012 | -152.90% | -283.91% | 0.17x | 3.22x | Nkr-78.69 Million |
| 2013 | -83.26% | -82.84% | 0.31x | 3.27x | Nkr-58.40 Million |
| 2014 | -84.08% | -338.50% | 0.09x | 2.74x | Nkr-74.88 Million |
| 2015 | -301.84% | -181.72% | 0.29x | 5.82x | Nkr-103.51 Million |
| 2016 | -271.94% | -729.81% | 0.13x | 2.94x | Nkr-152.87 Million |
| 2017 | -43.64% | -13.91% | 0.64x | 4.88x | Nkr-20.25 Million |
| 2018 | -97.75% | -139.56% | 0.32x | 2.17x | Nkr-93.44 Million |
| 2019 | -75.33% | -131.62% | 0.23x | 2.47x | Nkr-101.05 Million |
| 2020 | -38.60% | -147.42% | 0.15x | 1.74x | Nkr-128.53 Million |
| 2021 | -89.65% | -144.34% | 0.21x | 2.95x | Nkr-140.57 Million |
| 2022 | -92.38% | -114.06% | 0.29x | 2.76x | Nkr-152.26 Million |
| 2023 | -255.06% | -54.74% | 0.50x | 9.33x | Nkr-110.87 Million |
| 2024 | -205.52% | -47.94% | 0.75x | 5.69x | Nkr-129.41 Million |
Industry Comparison
This section compares Hofseth Biocare ASA's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $5,270,285,000
- Average return on equity (ROE) among peers: 43.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hofseth Biocare ASA (HBC) | Nkr-27.85 Million | -12.36% | N/A | $45.73 Million |
| Aker Biomarine AS (AKBM) | $173.90 Million | 104.89% | 1.23x | $1.13 Billion |
| Lerøy Seafood Group ASA (LSG) | $5.96 Billion | 8.06% | 0.97x | $2.68 Billion |
| Orkla ASA (ORK) | $9.67 Billion | 18.11% | 1.74x | $10.38 Billion |
About Hofseth Biocare ASA
Hofseth BioCare ASA produces and sells health nutritional products for humans and pets in Norway, the United Kingdom, France, Belgium, Italy, Germany, rest of Europe, Japan, Asia, and the United States. The company offers ProGo, a bioactive peptide for weight management and metabolic health; OmeGo, a salmon oil that provides a full spectrum of fatty acids and omegas; CalGo and NT-II, which are ca… Read more