HydrogenPro AS (HYPRO) - Net Assets
Based on the latest financial reports, HydrogenPro AS (HYPRO) has net assets worth Nkr290.14 Million NOK (≈ $30.53 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 (Nkr484.49 Million ≈ $50.98 Million USD) and total liabilities (Nkr194.34 Million ≈ $20.45 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 how tangible is HydrogenPro AS's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr290.14 Million |
| % of Total Assets | 59.89% |
| Annual Growth Rate | N/A |
| 5-Year Change | -32.45% |
| 10-Year Change | N/A |
| Growth Volatility | 10.62 |
HydrogenPro AS - Net Assets Trend (2018–2024)
This chart illustrates how HydrogenPro AS's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of HydrogenPro AS to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for HydrogenPro AS (2018–2024)
The table below shows the annual net assets of HydrogenPro AS from 2018 to 2024. For live valuation and market cap data, see HydrogenPro AS stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr348.36 Million ≈ $36.66 Million |
-23.13% |
| 2023-12-31 | Nkr453.21 Million ≈ $47.69 Million |
+3.52% |
| 2022-12-31 | Nkr437.82 Million ≈ $46.07 Million |
-14.36% |
| 2021-12-31 | Nkr511.25 Million ≈ $53.80 Million |
-0.86% |
| 2020-12-31 | Nkr515.68 Million ≈ $54.26 Million |
+3419.15% |
| 2019-12-31 | Nkr-15.54 Million ≈ $-1.63 Million |
-11.21% |
| 2018-12-31 | Nkr-13.97 Million ≈ $-1.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to HydrogenPro 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 46627516600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr1.40 Million | 0.41% |
| Other Comprehensive Income | Nkr49.00 Million | 14.16% |
| Other Components | Nkr775.88 Million | 224.24% |
| Total Equity | Nkr346.00 Million | 100.00% |
HydrogenPro AS Competitors by Market Cap
The table below lists competitors of HydrogenPro AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mirasol Resources Ltd
V:MRZ
|
$22.42 Million |
|
KR1 PLC LS -0019
F:K4H
|
$22.42 Million |
|
Critical Resources Ltd
AU:CRR
|
$22.42 Million |
|
Jui Li Enterprise Co Ltd
TW:1512
|
$22.43 Million |
|
Aarvi Encon Limited
NSE:AARVI
|
$22.41 Million |
|
Tira Austenite Tbk
JK:TIRA
|
$22.40 Million |
|
Venteny Fortuna International
JK:VTNY
|
$22.39 Million |
|
Worth Peripherals Limited
NSE:WORTHPERI
|
$22.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HydrogenPro AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 446,774,000 to 346,000,000, a change of -100,774,000 (-22.6%).
- Net loss of 196,061,000 reduced equity.
- Share repurchases of 84,214,000 reduced equity.
- New share issuances of 84,214,000 increased equity.
- Other comprehensive income increased equity by 11,064,999.
- Other factors increased equity by 84,222,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-196.06 Million | -56.67% |
| Share Repurchases | Nkr84.21 Million | -24.34% |
| Share Issuances | Nkr84.21 Million | +24.34% |
| Other Comprehensive Income | Nkr11.06 Million | +3.2% |
| Other Changes | Nkr84.22 Million | +24.34% |
| Total Change | Nkr- | -22.56% |
Book Value vs Market Value Analysis
This analysis compares HydrogenPro 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: 0.44x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Nkr-0.25 | Nkr2.23 | x |
| 2019-12-31 | Nkr-0.26 | Nkr2.23 | x |
| 2020-12-31 | Nkr11.64 | Nkr2.23 | x |
| 2021-12-31 | Nkr8.88 | Nkr2.23 | x |
| 2022-12-31 | Nkr7.46 | Nkr2.23 | x |
| 2023-12-31 | Nkr7.45 | Nkr2.23 | x |
| 2024-12-31 | Nkr5.07 | Nkr2.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HydrogenPro 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): -56.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -100.19%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.68x
- Recent ROE (-56.67%) is below the historical average (-14.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -65.60% | 0.71x | 0.00x | Nkr-5.48 Million |
| 2019 | 0.00% | -51.16% | 0.93x | 0.00x | Nkr-11.32 Million |
| 2020 | -3.10% | -60.10% | 0.05x | 1.11x | Nkr-67.53 Million |
| 2021 | -11.04% | -281.65% | 0.04x | 1.03x | Nkr-107.56 Million |
| 2022 | -19.61% | -150.47% | 0.10x | 1.32x | Nkr-128.17 Million |
| 2023 | -14.44% | -11.35% | 0.88x | 1.44x | Nkr-109.19 Million |
| 2024 | -56.67% | -100.19% | 0.34x | 1.68x | Nkr-230.66 Million |
Industry Comparison
This section compares HydrogenPro AS's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $416,823,496
- Average return on equity (ROE) among peers: -24.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HydrogenPro AS (HYPRO) | Nkr290.14 Million | 0.00% | 0.67x | $22.42 Million |
| Integrated Wind Solutions AS (IWS) | $997.88 Million | -2.67% | 0.11x | $249.74 Million |
| Nel ASA (NEL) | $28.41 Million | -121.72% | 0.37x | $476.77 Million |
| Nekkar Asa (NKR) | $566.67 Million | -40.12% | 2.93x | $146.82 Million |
| Scana ASA (SCANA) | $74.33 Million | 67.62% | 2.28x | $72.66 Million |
About HydrogenPro AS
HydrogenPro ASA engages in designing and delivering green hydrogen technology and systems in Norway, Europe, the United States, and the Asia Pacific. It offers high-pressure alkaline electrolyzers and gas separation units. The company serves synthetic aviation fuel, refinery/decarbonization, power to gas, balancing the grid, steel production, fertilizer/ammonia, and shipping markets. HydrogenPro … Read more