Itera ASA (ITERA) - Net Assets
Based on the latest financial reports, Itera ASA (ITERA) has net assets worth Nkr39.18 Million NOK (≈ $4.12 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 (Nkr237.64 Million ≈ $25.01 Million USD) and total liabilities (Nkr198.46 Million ≈ $20.88 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 ITERA strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr39.18 Million |
| % of Total Assets | 16.49% |
| Annual Growth Rate | -1.9% |
| 5-Year Change | 15.57% |
| 10-Year Change | N/A |
| Growth Volatility | 13.47 |
Itera ASA - Net Assets Trend (2016–2025)
This chart illustrates how Itera ASA's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see ITERA market cap.
Annual Net Assets for Itera ASA (2016–2025)
The table below shows the annual net assets of Itera ASA from 2016 to 2025. Also explore ITERA net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr45.69 Million ≈ $4.81 Million |
-2.13% |
| 2024-12-31 | Nkr46.69 Million ≈ $4.91 Million |
-2.51% |
| 2023-12-31 | Nkr47.89 Million ≈ $5.04 Million |
-3.14% |
| 2022-12-31 | Nkr49.44 Million ≈ $5.20 Million |
+25.06% |
| 2021-12-31 | Nkr39.53 Million ≈ $4.16 Million |
+15.12% |
| 2020-12-31 | Nkr34.34 Million ≈ $3.61 Million |
-25.94% |
| 2019-12-31 | Nkr46.37 Million ≈ $4.88 Million |
-2.26% |
| 2018-12-31 | Nkr47.44 Million ≈ $4.99 Million |
-6.31% |
| 2017-12-31 | Nkr50.64 Million ≈ $5.33 Million |
-6.77% |
| 2016-12-31 | Nkr54.31 Million ≈ $5.72 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Itera ASA'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 24.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr22.98 Million | 50.29% |
| Common Stock | Nkr24.66 Million | 53.96% |
| Total Equity | Nkr45.69 Million | 100.00% |
Itera ASA Competitors by Market Cap
The table below lists competitors of Itera ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Springwater Special Situations Corp
NASDAQ:SWSS
|
$49.90 Million |
|
Prolific Technology
TWO:6233
|
$49.92 Million |
|
Hanil Iron & S
KO:002220
|
$49.93 Million |
|
Broad Capital Acquisition Corp Unit
NASDAQ:BRACU
|
$49.95 Million |
|
B&B Triplewall Containers Limited
NSE:BBTCL
|
$49.89 Million |
|
Element 25 Ltd
AU:E25
|
$49.83 Million |
|
Credit Clear Ltd
AU:CCR
|
$49.81 Million |
|
Southern Rubber Industry JSC
VN:CSM
|
$49.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Itera ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 46,685,000 to 45,690,000, a change of -995,000 (-2.1%).
- Net income of 22,978,000 contributed positively to equity growth.
- Dividend payments of 24,558,000 reduced retained earnings.
- Share repurchases of 385,000 reduced equity.
- New share issuances of 4,451,000 increased equity.
- Other factors decreased equity by 3,481,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr22.98 Million | +50.29% |
| Dividends Paid | Nkr24.56 Million | -53.75% |
| Share Repurchases | Nkr385.00K | -0.84% |
| Share Issuances | Nkr4.45 Million | +9.74% |
| Other Changes | Nkr-3.48 Million | -7.62% |
| Total Change | Nkr- | -2.13% |
Book Value vs Market Value Analysis
This analysis compares Itera ASA'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: 10.44x
- 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 increased from 8.84x to 10.44x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Nkr0.66 | Nkr5.84 | x |
| 2017-12-31 | Nkr0.61 | Nkr5.84 | x |
| 2018-12-31 | Nkr0.58 | Nkr5.84 | x |
| 2019-12-31 | Nkr0.57 | Nkr5.84 | x |
| 2020-12-31 | Nkr0.42 | Nkr5.84 | x |
| 2021-12-31 | Nkr0.49 | Nkr5.84 | x |
| 2022-12-31 | Nkr0.61 | Nkr5.84 | x |
| 2023-12-31 | Nkr0.59 | Nkr5.84 | x |
| 2024-12-31 | Nkr0.58 | Nkr5.84 | x |
| 2025-12-31 | Nkr0.56 | Nkr5.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Itera ASA 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): 50.29%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.72%
- • Asset Turnover: 3.11x
- • Equity Multiplier: 5.93x
- Recent ROE (50.29%) is below the historical average (86.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 46.60% | 5.96% | 2.03x | 3.85x | Nkr19.88 Million |
| 2017 | 58.52% | 6.24% | 2.41x | 3.90x | Nkr24.57 Million |
| 2018 | 66.77% | 5.96% | 2.73x | 4.11x | Nkr26.93 Million |
| 2019 | 89.73% | 7.43% | 2.32x | 5.20x | Nkr36.97 Million |
| 2020 | 141.62% | 7.90% | 2.74x | 6.54x | Nkr45.20 Million |
| 2021 | 111.67% | 7.45% | 2.68x | 5.59x | Nkr40.19 Million |
| 2022 | 103.13% | 6.93% | 3.15x | 4.73x | Nkr46.05 Million |
| 2023 | 118.39% | 6.50% | 2.92x | 6.23x | Nkr51.90 Million |
| 2024 | 74.86% | 4.12% | 3.05x | 5.96x | Nkr30.28 Million |
| 2025 | 50.29% | 2.72% | 3.11x | 5.93x | Nkr18.41 Million |
Industry Comparison
This section compares Itera ASA's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $586,645,843
- Average return on equity (ROE) among peers: 7.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Itera ASA (ITERA) | Nkr39.18 Million | 46.60% | 5.07x | $49.89 Million |
| Arribatec Solutions ASA (ARR) | $189.15 Million | -43.73% | 1.34x | $40.13 Million |
| Atea ASA (ATEA) | $2.10 Billion | 20.14% | 2.20x | $1.99 Billion |
| Bouvet (BOUV) | $423.99 Million | 84.59% | 3.08x | $511.65 Million |
| Crayon Group Holding ASA (CRAYN) | $363.94 Million | -15.68% | 5.62x | $1.35 Billion |
| River Tech plc (RIVER) | $-12.40 Million | 0.00% | 0.00x | $3.03 Million |
| Spir Group ASA (SPIR) | $704.79 Million | -1.23% | 1.27x | $119.48 Million |
| Webstep ASA (WSTEP) | $336.64 Million | 10.86% | 0.66x | $37.17 Million |
About Itera ASA
Itera ASA, together with its subsidiaries, develops digital solutions for businesses and organizations in Norway, Sweden, Denmark, Iceland, and internationally. It offers data, artificial intelligence and analytics; business consulting; design; agile technology management; development and architecture; and test and quality assurance solutions, as well as cloud and application services. The compan… Read more