Hermana Holding ASA (HERMA) - Net Assets
Based on the latest financial reports, Hermana Holding ASA (HERMA) has net assets worth Nkr112.10 Million NOK (≈ $11.80 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 (Nkr112.80 Million ≈ $11.87 Million USD) and total liabilities (Nkr700.00K ≈ $73.66K 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 Hermana Holding ASA balance sheet independence to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr112.10 Million |
| % of Total Assets | 99.38% |
| Annual Growth Rate | 184.96% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2027.83 |
Hermana Holding ASA - Net Assets Trend (2021–2025)
This chart illustrates how Hermana Holding ASA's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see HERMA market cap.
Annual Net Assets for Hermana Holding ASA (2021–2025)
The table below shows the annual net assets of Hermana Holding ASA from 2021 to 2025. Also explore Hermana Holding ASA net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr112.10 Million ≈ $11.80 Million |
-7.74% |
| 2024-12-31 | Nkr121.50 Million ≈ $12.79 Million |
-- |
| 2023-12-31 | Nkr0.00 ≈ $0.00 |
-- |
| 2022-12-31 | Nkr73.90 Million ≈ $7.78 Million |
+4247.06% |
| 2021-12-31 | Nkr1.70 Million ≈ $178.89K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hermana Holding 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr13.70 Million | 12.22% |
| Other Components | Nkr98.40 Million | 87.78% |
| Total Equity | Nkr112.10 Million | 100.00% |
Hermana Holding ASA Competitors by Market Cap
The table below lists competitors of Hermana Holding ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lumens Co. Ltd
KQ:038060
|
$21.70 Million |
|
Wooree E&L Co. Ltd
KQ:153490
|
$21.71 Million |
|
Jullundur Motor Agency (Delhi) Limited
NSE:JMA
|
$21.72 Million |
|
Asiaplast Industries Tbk
JK:APLI
|
$21.72 Million |
|
BeMetals Corp
V:BMET
|
$21.69 Million |
|
Skycorp Solar Group Limited Ordinary Shares
NASDAQ:PN
|
$21.69 Million |
|
ISE Commerce Company Limited
KQ:069920
|
$21.68 Million |
|
Uniserve Communications Corp
V:USS
|
$21.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hermana Holding ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 121,500,000 to 112,100,000, a change of -9,400,000 (-7.7%).
- Net loss of 13,500,000 reduced equity.
- Share repurchases of 3,600,000 reduced equity.
- New share issuances of 3,600,000 increased equity.
- Other factors increased equity by 4,100,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-13.50 Million | -12.04% |
| Share Repurchases | Nkr3.60 Million | -3.21% |
| Share Issuances | Nkr3.60 Million | +3.21% |
| Other Changes | Nkr4.10 Million | +3.66% |
| Total Change | Nkr- | -7.74% |
Book Value vs Market Value Analysis
This analysis compares Hermana Holding 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: 1.84x
- 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 828.80x to 1.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | Nkr0.02 | Nkr15.00 | x |
| 2022-12-31 | Nkr0.79 | Nkr15.00 | x |
| 2023-12-31 | Nkr0.00 | Nkr15.00 | x |
| 2024-12-31 | Nkr1.29 | Nkr15.00 | x |
| 2025-12-31 | Nkr8.16 | Nkr15.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hermana Holding 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): -12.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1125.00%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.01x
- Recent ROE (-12.04%) is below the historical average (168.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 764.71% | 94.20% | 8.12x | 1.00x | Nkr12.83 Million |
| 2022 | 86.60% | 73.31% | 1.18x | 1.00x | Nkr56.61 Million |
| 2023 | 0.00% | 46.60% | 0.00x | 0.00x | Nkr4.80 Million |
| 2024 | 1.40% | 43.59% | 0.03x | 1.01x | Nkr-10.45 Million |
| 2025 | -12.04% | -1125.00% | 0.01x | 1.01x | Nkr-24.71 Million |
Industry Comparison
This section compares Hermana Holding ASA's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $423,359,291
- Average return on equity (ROE) among peers: -28.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hermana Holding ASA (HERMA) | Nkr112.10 Million | 764.71% | 0.01x | $21.69 Million |
| Kmc Properties ASA (KMCP) | $187.66 Million | -115.51% | 7.45x | $3.04 Million |
| North Energy ASA (NORTH) | $39.95 Million | 0.00% | 0.04x | $32.45 Million |
| Saga Pure ASA (SAGA) | $868.68 Million | 0.34% | 0.00x | $110.43 Million |
| Treasure ASA (TRE) | $597.14 Million | -0.12% | 0.00x | $850.94 Million |
About Hermana Holding ASA
Hermana Holding ASA was incorporated in 2023 and is headquartered in Oslo, Norway. Hermana Holding ASA operates as a subsidiary of Magnora ASA.