Huddlestock Fintech As (HUDL) - Net Assets
Based on the latest financial reports, Huddlestock Fintech As (HUDL) has net assets worth Nkr59.66 Million NOK (≈ $6.28 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 (Nkr111.82 Million ≈ $11.77 Million USD) and total liabilities (Nkr52.16 Million ≈ $5.49 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 Huddlestock Fintech As liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr59.66 Million |
| % of Total Assets | 53.35% |
| Annual Growth Rate | 35.54% |
| 5-Year Change | 122.02% |
| 10-Year Change | N/A |
| Growth Volatility | 41.9 |
Huddlestock Fintech As - Net Assets Trend (2019–2024)
This chart illustrates how Huddlestock Fintech As's net assets have evolved over time, based on quarterly financial data. Also explore HUDL current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Huddlestock Fintech As (2019–2024)
The table below shows the annual net assets of Huddlestock Fintech As from 2019 to 2024. For live valuation and market cap data, see Huddlestock Fintech As market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr149.14 Million ≈ $15.69 Million |
-4.24% |
| 2023-12-31 | Nkr155.74 Million ≈ $16.39 Million |
+34.96% |
| 2022-12-31 | Nkr115.40 Million ≈ $12.14 Million |
+0.95% |
| 2021-12-31 | Nkr114.31 Million ≈ $12.03 Million |
+70.17% |
| 2020-12-31 | Nkr67.17 Million ≈ $7.07 Million |
+106.14% |
| 2019-12-31 | Nkr32.59 Million ≈ $3.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Huddlestock Fintech 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 315.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr441.89K | 0.30% |
| Other Comprehensive Income | Nkr-106.99 Million | -71.74% |
| Other Components | Nkr270.65 Million | 181.48% |
| Total Equity | Nkr149.14 Million | 100.00% |
Huddlestock Fintech As Competitors by Market Cap
The table below lists competitors of Huddlestock Fintech As ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amj Land Holdings Limited
NSE:AMJLAND
|
$17.89 Million |
|
Ihlas Ev Aletleri Imalat Sanayi ve Ticaret AS
IS:IHEVA
|
$17.90 Million |
|
Aiptek International Inc
TW:6225
|
$17.91 Million |
|
DigiCAP Co. Ltd
KQ:197140
|
$17.92 Million |
|
GoHealth Inc.
NASDAQ:GOCO
|
$17.86 Million |
|
Paterson Resources Ltd
AU:PSL
|
$17.85 Million |
|
Linkhome Holdings Inc. Common stock
NASDAQ:LHAI
|
$17.85 Million |
|
Talius Group Ltd.
AU:TAL
|
$17.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huddlestock Fintech As's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 155,736,000 to 149,135,806, a change of -6,600,194 (-4.2%).
- Net loss of 72,328,012 reduced equity.
- Share repurchases of 15,816,000 reduced equity.
- New share issuances of 15,816,000 increased equity.
- Other comprehensive income decreased equity by 82,003,969.
- Other factors increased equity by 147,731,787.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-72.33 Million | -48.5% |
| Share Repurchases | Nkr15.82 Million | -10.61% |
| Share Issuances | Nkr15.82 Million | +10.61% |
| Other Comprehensive Income | Nkr-82.00 Million | -54.99% |
| Other Changes | Nkr147.73 Million | +99.06% |
| Total Change | Nkr- | -4.24% |
Book Value vs Market Value Analysis
This analysis compares Huddlestock Fintech 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: 0.84x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.04x to 0.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Nkr0.29 | Nkr0.60 | x |
| 2020-12-31 | Nkr0.61 | Nkr0.60 | x |
| 2021-12-31 | Nkr0.96 | Nkr0.60 | x |
| 2022-12-31 | Nkr0.89 | Nkr0.60 | x |
| 2023-12-31 | Nkr0.86 | Nkr0.60 | x |
| 2024-12-31 | Nkr0.71 | Nkr0.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huddlestock Fintech 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): -48.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -101.15%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.51x
- Recent ROE (-48.50%) is below the historical average (-32.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -26.85% | 0.00% | 0.00x | 1.11x | Nkr-11.90 Million |
| 2020 | -18.50% | -5523.56% | 0.00x | 1.06x | Nkr-19.15 Million |
| 2021 | -17.17% | -84.00% | 0.15x | 1.38x | Nkr-31.06 Million |
| 2022 | -27.50% | -67.95% | 0.28x | 1.46x | Nkr-43.28 Million |
| 2023 | -55.43% | -101.38% | 0.32x | 1.69x | Nkr-101.90 Million |
| 2024 | -48.50% | -101.15% | 0.32x | 1.51x | Nkr-87.24 Million |
Industry Comparison
This section compares Huddlestock Fintech As's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $623,704,000
- Average return on equity (ROE) among peers: -5.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huddlestock Fintech As (HUDL) | Nkr59.66 Million | -26.85% | 0.87x | $17.87 Million |
| Idex ASA (IDEX) | $57.29 Million | 0.00% | 0.08x | $47.31 Million |
| Pexip Holding ASA (PEXIP) | $1.60 Billion | -16.43% | 0.31x | $732.20 Million |
| SmartCraft ASA (SMCRT) | $217.25 Million | 0.29% | 0.93x | $320.74 Million |
About Huddlestock Fintech As
Huddlestock Fintech AS operates as a technology software provider in Europe. It offers investment-as-a-service with operational service support and financial consultancy services business. It delivers technology and operational solutions to companies offering financial products and services. Huddlestock Fintech AS was founded in 2014 and is headquartered in Stavanger, Norway.