Huddly AS (HDLY) - Net Assets
Based on the latest financial reports, Huddly AS (HDLY) has net assets worth Nkr357.30 Million NOK (≈ $37.60 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 (Nkr598.91 Million ≈ $63.02 Million USD) and total liabilities (Nkr241.61 Million ≈ $25.42 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 Huddly AS liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr357.30 Million |
| % of Total Assets | 59.66% |
| Annual Growth Rate | 34.07% |
| 5-Year Change | 80.19% |
| 10-Year Change | N/A |
| Growth Volatility | 106.35 |
Huddly AS - Net Assets Trend (2016–2024)
This chart illustrates how Huddly AS's net assets have evolved over time, based on quarterly financial data. Also explore Huddly AS assets under control for the complete picture of this company's asset base.
Annual Net Assets for Huddly AS (2016–2024)
The table below shows the annual net assets of Huddly AS from 2016 to 2024. For live valuation and market cap data, see HDLY company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr389.76 Million ≈ $41.01 Million |
-0.75% |
| 2023-12-31 | Nkr392.71 Million ≈ $41.32 Million |
-0.95% |
| 2022-12-31 | Nkr396.47 Million ≈ $41.72 Million |
-11.11% |
| 2021-12-31 | Nkr446.05 Million ≈ $46.94 Million |
+106.21% |
| 2020-12-31 | Nkr216.31 Million ≈ $22.76 Million |
+85.15% |
| 2019-12-31 | Nkr116.83 Million ≈ $12.29 Million |
+8.99% |
| 2018-12-31 | Nkr107.20 Million ≈ $11.28 Million |
-30.62% |
| 2017-12-31 | Nkr154.50 Million ≈ $16.26 Million |
+313.87% |
| 2016-12-31 | Nkr37.33 Million ≈ $3.93 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Huddly 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 65719600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr1.15 Million | 0.29% |
| Other Comprehensive Income | Nkr14.18 Million | 3.64% |
| Other Components | Nkr1.05 Billion | 269.32% |
| Total Equity | Nkr389.76 Million | 100.00% |
Huddly AS Competitors by Market Cap
The table below lists competitors of Huddly AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kyungdong City Gas Co Ltd
KO:267290
|
$91.81 Million |
|
Kirloskar Electric Company Limited
NSE:KECL
|
$91.81 Million |
|
Astro Malaysia Holdings Bhd
KLSE:6399
|
$91.84 Million |
|
RSUPPORT Co. Ltd
KQ:131370
|
$91.85 Million |
|
Loxley Public Company Limited
BK:LOXLEY
|
$91.78 Million |
|
CANBRIDGE PHARM.DL-00001
F:MF1
|
$91.77 Million |
|
Chips&Media Inc
KQ:094360
|
$91.77 Million |
|
Jinro Distillers Co. Ltd
KQ:018120
|
$91.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huddly AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 392,709,000 to 389,758,000, a change of -2,951,000 (-0.8%).
- Net loss of 172,179,000 reduced equity.
- Share repurchases of 149,990,000 reduced equity.
- New share issuances of 160,000,000 increased equity.
- Other comprehensive income increased equity by 11,814,999.
- Other factors increased equity by 147,403,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-172.18 Million | -44.18% |
| Share Repurchases | Nkr149.99 Million | -38.48% |
| Share Issuances | Nkr160.00 Million | +41.05% |
| Other Comprehensive Income | Nkr11.81 Million | +3.03% |
| Other Changes | Nkr147.40 Million | +37.82% |
| Total Change | Nkr- | -0.75% |
Book Value vs Market Value Analysis
This analysis compares Huddly 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: 1.50x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 119.17x to 1.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Nkr0.27 | Nkr32.00 | x |
| 2017-12-31 | Nkr2.18 | Nkr32.00 | x |
| 2018-12-31 | Nkr36.42 | Nkr32.00 | x |
| 2019-12-31 | Nkr39.70 | Nkr32.00 | x |
| 2020-12-31 | Nkr73.50 | Nkr32.00 | x |
| 2021-12-31 | Nkr108.76 | Nkr32.00 | x |
| 2022-12-31 | Nkr132.61 | Nkr32.00 | x |
| 2023-12-31 | Nkr58.97 | Nkr32.00 | x |
| 2024-12-31 | Nkr21.29 | Nkr32.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huddly 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): -44.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -115.73%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.62x
- Recent ROE (-44.18%) is below the historical average (-24.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -23.08% | -1679.34% | 0.01x | 1.16x | Nkr-12.35 Million |
| 2017 | -31.97% | -313.35% | 0.09x | 1.14x | Nkr-64.85 Million |
| 2018 | -55.06% | -76.72% | 0.50x | 1.45x | Nkr-69.74 Million |
| 2019 | 2.35% | 1.47% | 1.03x | 1.56x | Nkr-8.94 Million |
| 2020 | 44.92% | 26.58% | 1.22x | 1.39x | Nkr75.54 Million |
| 2021 | -70.20% | -92.93% | 0.53x | 1.43x | Nkr-357.72 Million |
| 2022 | -10.48% | -9.20% | 0.71x | 1.61x | Nkr-81.19 Million |
| 2023 | -31.84% | -59.34% | 0.30x | 1.76x | Nkr-164.32 Million |
| 2024 | -44.18% | -115.73% | 0.24x | 1.62x | Nkr-211.15 Million |
Industry Comparison
This section compares Huddly AS's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $227,672,667
- Average return on equity (ROE) among peers: 4.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huddly AS (HDLY) | Nkr357.30 Million | -23.08% | 0.68x | $91.80 Million |
| Napatech A/S (NAPA) | $197.00 Million | 3.92% | 0.26x | $383.40 Million |
| Smartoptics Group AS (SMOP) | $30.05 Million | 24.86% | 0.63x | $540.62 Million |
| Techstep ASA (TECH) | $455.97 Million | -14.11% | 0.79x | $38.20 Million |
About Huddly AS
Huddly AS, a technology company, creates tools for team collaboration in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. The company provides meeting room cameras under Huddly L1, Huddly S1, Huddly IQ, and Huddly ONE names; and AI-directed multi-camera system under Huddly Crew brand name. It also offers whiteboard cameras under the Huddly Canvas name; accessories, such as fro… Read more