Induct AS
Induct AS develops management software in Norway and internationally. The company offers a digital platform, which helps to manage and collaborate on projects and contracts; and create discussion groups. Its platform also provides access to video meetings, task management, file manager, document storage, news feeds, and chat areas. The company serves organizations, business owners, entrepreneurs,… Read more
Induct AS (INDCT) - Net Assets
Latest net assets as of September 2025: Nkr45.62 Million NOK
Based on the latest financial reports, Induct AS (INDCT) has net assets worth Nkr45.62 Million NOK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr58.03 Million) and total liabilities (Nkr12.41 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr45.62 Million |
| % of Total Assets | 78.61% |
| Annual Growth Rate | 17.93% |
| 5-Year Change | 439.05% |
| 10-Year Change | N/A |
| Growth Volatility | 83.09 |
Induct AS - Net Assets Trend (2016–2024)
This chart illustrates how Induct AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Induct AS (2016–2024)
The table below shows the annual net assets of Induct AS from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr26.48 Million | +16.32% |
| 2023-12-31 | Nkr22.77 Million | -22.85% |
| 2022-12-31 | Nkr29.51 Million | +92.02% |
| 2021-12-31 | Nkr15.37 Million | +212.80% |
| 2020-12-31 | Nkr4.91 Million | +74.95% |
| 2019-12-31 | Nkr2.81 Million | +83.67% |
| 2018-12-31 | Nkr1.53 Million | -79.27% |
| 2017-12-31 | Nkr7.37 Million | +4.17% |
| 2016-12-31 | Nkr7.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Induct 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 5195347800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr2.36 Million | 8.90% |
| Other Components | Nkr32.60 Million | 123.10% |
| Total Equity | Nkr26.48 Million | 100.00% |
Induct AS Competitors by Market Cap
The table below lists competitors of Induct AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nuvotec
KQ:060260
|
$7.38 Million |
|
T T Limited
NSE:TTL
|
$7.38 Million |
|
Kairos Pharma, Ltd.
NYSE MKT:KAPA
|
$7.38 Million |
|
Y/KNOT S.A.
AT:YKNOT
|
$7.38 Million |
|
Macromill Embrain Co. Ltd
KQ:169330
|
$7.38 Million |
|
Zenith Capital Corp
PINK:ZHCLF
|
$7.38 Million |
|
Arrowhead Properties Ltd B
JSE:FTB
|
$7.38 Million |
|
Rokiskio Suris AB
MU:YTV
|
$7.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Induct AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,765,770 to 26,481,440, a change of 3,715,670 (16.3%).
- Net loss of 20,601,340 reduced equity.
- Share repurchases of 17,777,650 reduced equity.
- New share issuances of 17,777,648 increased equity.
- Other factors increased equity by 24,317,012.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-20.60 Million | -77.8% |
| Share Repurchases | Nkr17.78 Million | -67.13% |
| Share Issuances | Nkr17.78 Million | +67.13% |
| Other Changes | Nkr24.32 Million | +91.83% |
| Total Change | Nkr- | 16.32% |
Book Value vs Market Value Analysis
This analysis compares Induct 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: 3.20x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 3.72x to 3.20x 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 | Nkr0.97 | Nkr3.60 | x |
| 2017-12-31 | Nkr0.90 | Nkr3.60 | x |
| 2018-12-31 | Nkr0.16 | Nkr3.60 | x |
| 2019-12-31 | Nkr0.26 | Nkr3.60 | x |
| 2020-12-31 | Nkr0.37 | Nkr3.60 | x |
| 2021-12-31 | Nkr1.16 | Nkr3.60 | x |
| 2022-12-31 | Nkr1.70 | Nkr3.60 | x |
| 2023-12-31 | Nkr1.21 | Nkr3.60 | x |
| 2024-12-31 | Nkr1.12 | Nkr3.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Induct 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): -77.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -104.20%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 2.31x
- Recent ROE (-77.80%) is above the historical average (-181.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -159.88% | -166.21% | 0.37x | 2.57x | Nkr-12.02 Million |
| 2017 | -183.34% | -110.30% | 0.60x | 2.79x | Nkr-14.26 Million |
| 2018 | -876.60% | -90.58% | 0.80x | 12.09x | Nkr-13.55 Million |
| 2019 | -223.42% | -45.51% | 0.75x | 6.57x | Nkr-6.55 Million |
| 2020 | -43.99% | -18.63% | 0.53x | 4.47x | Nkr-2.65 Million |
| 2021 | -15.95% | -16.12% | 0.19x | 5.23x | Nkr-3.99 Million |
| 2022 | -34.81% | -56.58% | 0.20x | 3.12x | Nkr-13.22 Million |
| 2023 | -21.91% | -21.27% | 0.35x | 2.96x | Nkr-7.27 Million |
| 2024 | -77.80% | -104.20% | 0.32x | 2.31x | Nkr-23.25 Million |
Industry Comparison
This section compares Induct AS's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $25,855,667
- Average return on equity (ROE) among peers: -136.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Induct AS (INDCT) | Nkr45.62 Million | -159.88% | 0.27x | $7.38 Million |
| ContextVision AB (CONTX) | $43.84 Million | 8.44% | 0.17x | $7.93 Million |
| Nordhealth AS (NORDH) | $4.95 Million | 38.92% | 1.60x | $88.25 Million |
| Omda AS (OMDA) | $28.77 Million | -457.37% | 23.10x | $25.84 Million |