HydrogenPro AS Net Assets
HydrogenPro AS net assets. Based on the latest financial reports, HydrogenPro AS (HYPRO) has net assets worth Nkr158.19 Million NOK (≈ $16.65 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr266.93 Million ≈ $28.09 Million USD) and total liabilities (Nkr108.74 Million ≈ $11.44 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 how fast is HydrogenPro AS growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr158.19 Million |
| % of Total Assets | 59.26% |
| Annual Growth Rate | N/A |
| 5-Year Change | -51.72% |
| 10-Year Change | N/A |
| Growth Volatility | 12.53 |
Net Assets of HydrogenPro AS (2018–2025)
Net assets of HydrogenPro AS from 2018 to 2025. This chart illustrates how HydrogenPro AS's net assets have evolved over time, based on quarterly financial data. See net asset quality index of HydrogenPro AS to measure how much of total assets are equity-financed.
Annual Net Assets for HydrogenPro AS (2018–2025)
The table below shows the annual net assets of HydrogenPro AS from 2018 to 2025. For live market cap and overall valuation, see HYPRO market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr246.85 Million ≈ $25.98 Million |
-29.14% |
| 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 grown by 1399983400.0% over the analyzed period, indicating profitable operations and earnings retention.
HydrogenPro AS Net Assets Breakdown (December 2025)
HydrogenPro AS net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr1.91 Million | 0.76% |
| Other Components | Nkr249.06 Million | 99.24% |
| Total Equity | Nkr250.97 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 |
|---|---|
|
Wahana Inti MakmurTbk PT
JK:NASI
|
$5.87 Million |
|
XP Power Ltd
LSE:XPP
|
$5.87 Million |
|
Eko Export SA
WAR:EEX
|
$5.90 Million |
|
Hyterra Ltd
AU:HYT
|
$5.90 Million |
|
TROY MINERALS INC.
F:VJ3
|
$5.87 Million |
|
Johan Holdings Bhd
KLSE:3441
|
$5.87 Million |
|
Elaia Investment Spain Socimi SA
MC:YEIS
|
$5.86 Million |
|
Vision Lithium Inc
V:VLI
|
$5.86 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 2024 to 2025, total equity changed from 346,000,000 to 250,968,000, a change of -95,032,000 (-27.5%).
- Net loss of 233,115,000 reduced equity.
- Share repurchases of 139,718,000 reduced equity.
- New share issuances of 139,718,000 increased equity.
- Other comprehensive income decreased equity by 48,997,999.
- Other factors increased equity by 187,080,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-233.12 Million | -92.89% |
| Share Repurchases | Nkr139.72 Million | -55.67% |
| Share Issuances | Nkr139.72 Million | +55.67% |
| Other Comprehensive Income | Nkr-49.00 Million | -19.52% |
| Other Changes | Nkr187.08 Million | +74.54% |
| Total Change | Nkr- | -27.47% |
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: 0.15x
- 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 | Nkr0.40 | x |
| 2019-12-31 | Nkr-0.26 | Nkr0.40 | x |
| 2020-12-31 | Nkr11.64 | Nkr0.40 | x |
| 2021-12-31 | Nkr8.88 | Nkr0.40 | x |
| 2022-12-31 | Nkr7.46 | Nkr0.40 | x |
| 2023-12-31 | Nkr7.45 | Nkr0.40 | x |
| 2024-12-31 | Nkr5.07 | Nkr0.40 | x |
| 2025-12-31 | Nkr2.63 | Nkr0.40 | 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): -92.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -269.03%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.46x
- Recent ROE (-92.89%) is below the historical average (-24.72%), 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 |
| 2025 | -92.89% | -269.03% | 0.24x | 1.46x | Nkr-258.21 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: $367,150,996
- Average return on equity (ROE) among peers: -40.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HydrogenPro AS (HYPRO) | Nkr158.19 Million | 0.00% | 0.69x | $5.87 Million |
| Integrated Wind Solutions AS (IWS) | $96.00K | -27.08% | 1.39x | $265.72 Million |
| Nel ASA (NEL) | $28.41 Million | -121.72% | 0.37x | $369.42 Million |
| Nekkar Asa (NKR) | $566.67 Million | -40.12% | 2.93x | $176.36 Million |
| Scana ASA (SCANA) | $873.43 Million | 27.89% | 1.28x | $68.05 Million |
About HydrogenPro AS
HydrogenPro ASA, a technology company, provides green hydrogen technology solutions in Norway, Europe, the United States, and the Asia Pacific. It designs, manufactures, and delivers high-pressure alkaline electrolyzer technology. The company also offers gas separation skid products. It serves refinery and decarbonization, fertilizer and ammonia, steel production, power-to-gas, synthetic aviation… Read more