Induct AS (INDCT) - Net Assets
Based on the latest financial reports, Induct AS (INDCT) has net assets worth Nkr41.76 Million NOK (≈ $4.39 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 (Nkr56.53 Million ≈ $5.95 Million USD) and total liabilities (Nkr14.77 Million ≈ $1.55 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. Read INDCT total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr41.76 Million |
| % of Total Assets | 73.87% |
| Annual Growth Rate | 21.8% |
| 5-Year Change | 171.77% |
| 10-Year Change | N/A |
| Growth Volatility | 78.4 |
Induct AS - Net Assets Trend (2016–2025)
This chart illustrates how Induct AS's net assets have evolved over time, based on quarterly financial data. Also explore INDCT asset base for the complete picture of this company's asset base.
Annual Net Assets for Induct AS (2016–2025)
The table below shows the annual net assets of Induct AS from 2016 to 2025. For live valuation and market cap data, see Induct AS market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr41.76 Million ≈ $4.39 Million |
+57.70% |
| 2024-12-31 | Nkr26.48 Million ≈ $2.79 Million |
+16.32% |
| 2023-12-31 | Nkr22.77 Million ≈ $2.40 Million |
-22.85% |
| 2022-12-31 | Nkr29.51 Million ≈ $3.10 Million |
+92.02% |
| 2021-12-31 | Nkr15.37 Million ≈ $1.62 Million |
+212.80% |
| 2020-12-31 | Nkr4.91 Million ≈ $516.95K |
+74.95% |
| 2019-12-31 | Nkr2.81 Million ≈ $295.48K |
+83.67% |
| 2018-12-31 | Nkr1.53 Million ≈ $160.88K |
-79.27% |
| 2017-12-31 | Nkr7.37 Million ≈ $775.94K |
+4.17% |
| 2016-12-31 | Nkr7.08 Million ≈ $744.86K |
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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 4486447800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr3.59 Million | 8.59% |
| Other Components | Nkr53.74 Million | 128.68% |
| Total Equity | Nkr41.76 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 |
|---|---|
|
China Ouhua Winery Holdings
KLSE:5188
|
$7.55 Million |
|
Corazon Mining Ltd
AU:CZN
|
$7.55 Million |
|
Amtel Holdings Bhd
KLSE:7031
|
$7.55 Million |
|
PRS Reit PLC
LSE:PRSR
|
$7.55 Million |
|
Unith Ltd
AU:UNT
|
$7.54 Million |
|
Box Pak (Malaysia) Bhd
KLSE:6297
|
$7.53 Million |
|
Crédito Real S.A.B. de C.V. Sociedad Financiera de Objeto Múltiple Entidad No Regulada
MX:CREAL
|
$7.52 Million |
|
AHT Syngas Technology NV
F:3SQ1
|
$7.52 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 2024 to 2025, total equity changed from 26,481,440 to 41,762,000, a change of 15,280,560 (57.7%).
- Net loss of 7,140,000 reduced equity.
- Other factors increased equity by 22,420,560.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-7.14 Million | -17.1% |
| Other Changes | Nkr22.42 Million | +53.69% |
| Total Change | Nkr- | 57.70% |
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: 1.72x
- 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 2.37x to 1.72x 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 | Nkr2.29 | x |
| 2017-12-31 | Nkr0.90 | Nkr2.29 | x |
| 2018-12-31 | Nkr0.16 | Nkr2.29 | x |
| 2019-12-31 | Nkr0.26 | Nkr2.29 | x |
| 2020-12-31 | Nkr0.37 | Nkr2.29 | x |
| 2021-12-31 | Nkr1.16 | Nkr2.29 | x |
| 2022-12-31 | Nkr1.70 | Nkr2.29 | x |
| 2023-12-31 | Nkr1.21 | Nkr2.29 | x |
| 2024-12-31 | Nkr1.12 | Nkr2.29 | x |
| 2025-12-31 | Nkr1.33 | Nkr2.29 | 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): -17.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -43.05%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.35x
- Recent ROE (-17.10%) is above the historical average (-165.48%), 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 |
| 2025 | -17.10% | -43.05% | 0.29x | 1.35x | Nkr-11.32 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: $21,301,715
- Average return on equity (ROE) among peers: -267.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Induct AS (INDCT) | Nkr41.76 Million | -159.88% | 0.35x | $7.54 Million |
| CodeLab Capital A/S (CODE) | $17.91 Million | -842.64% | 0.15x | $4.03 Million |
| ContextVision AB (CONTX) | $41.05 Million | 1.51% | 0.33x | $27.46 Million |
| Nordhealth AS (NORDH) | $4.95 Million | 38.92% | 1.60x | $138.31 Million |
About 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