Kitron ASA Net Assets
Kitron ASA net assets. Based on the latest financial reports, Kitron ASA (KIT) has net assets worth Nkr350.60 Million NOK (≈ $36.89 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr875.70 Million ≈ $92.15 Million USD) and total liabilities (Nkr525.10 Million ≈ $55.26 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 Kitron ASA (KIT) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr350.60 Million |
| % of Total Assets | 40.04% |
| Annual Growth Rate | 0.35% |
| 5-Year Change | -74.44% |
| 10-Year Change | -46.32% |
| Growth Volatility | 32.04 |
Net Assets of Kitron ASA (2001–2025)
Net assets of Kitron ASA from 2001 to 2025. This chart illustrates how Kitron ASA's net assets have evolved over time, based on quarterly financial data. See Kitron ASA net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Kitron ASA (2001–2025)
The table below shows the annual net assets of Kitron ASA from 2001 to 2025. For live market cap and overall valuation, see how much is Kitron ASA worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr313.90 Million ≈ $33.03 Million |
+57.82% |
| 2024-12-31 | Nkr198.90 Million ≈ $20.93 Million |
+8.39% |
| 2023-12-31 | Nkr183.50 Million ≈ $19.31 Million |
-87.82% |
| 2022-12-31 | Nkr1.51 Billion ≈ $158.53 Million |
+22.67% |
| 2021-12-31 | Nkr1.23 Billion ≈ $129.23 Million |
+38.66% |
| 2020-12-31 | Nkr885.65 Million ≈ $93.20 Million |
+19.81% |
| 2019-12-31 | Nkr739.21 Million ≈ $77.79 Million |
+6.91% |
| 2018-12-31 | Nkr691.46 Million ≈ $72.76 Million |
+4.20% |
| 2017-12-31 | Nkr663.57 Million ≈ $69.83 Million |
+13.47% |
| 2016-12-31 | Nkr584.80 Million ≈ $61.54 Million |
+3.23% |
| 2015-12-31 | Nkr566.51 Million ≈ $59.61 Million |
+14.52% |
| 2014-12-31 | Nkr494.68 Million ≈ $52.05 Million |
+4.43% |
| 2013-12-31 | Nkr473.71 Million ≈ $49.85 Million |
+0.81% |
| 2012-12-31 | Nkr469.92 Million ≈ $49.45 Million |
+7.78% |
| 2011-12-31 | Nkr436.01 Million ≈ $45.88 Million |
+3.67% |
| 2010-12-31 | Nkr420.57 Million ≈ $44.26 Million |
-6.62% |
| 2009-12-31 | Nkr450.41 Million ≈ $47.40 Million |
-6.24% |
| 2008-12-31 | Nkr480.40 Million ≈ $50.55 Million |
+94.50% |
| 2007-12-31 | Nkr247.00 Million ≈ $25.99 Million |
+33.01% |
| 2006-12-31 | Nkr185.70 Million ≈ $19.54 Million |
+22.88% |
| 2005-12-31 | Nkr151.12 Million ≈ $15.90 Million |
-25.48% |
| 2004-12-31 | Nkr202.78 Million ≈ $21.34 Million |
-19.36% |
| 2003-12-31 | Nkr251.47 Million ≈ $26.46 Million |
+10.68% |
| 2002-12-31 | Nkr227.20 Million ≈ $23.91 Million |
-21.33% |
| 2001-12-31 | Nkr288.79 Million ≈ $30.39 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kitron 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 grown by 15710000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Kitron ASA Net Assets Breakdown (December 2025)
Kitron ASA net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr157.10 Million | 50.05% |
| Common Stock | Nkr2.00 Million | 0.64% |
| Other Components | Nkr154.80 Million | 49.32% |
| Total Equity | Nkr313.90 Million | 100.00% |
Kitron ASA Competitors by Market Cap
The table below lists competitors of Kitron ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Perpetua Resources Corp
NASDAQ:PPTA
|
$2.08 Billion |
|
Shriram Pistons & Rings Limited
NSE:SHRIPISTON
|
$2.08 Billion |
|
Tradegate AG Wertpapierhandelsbank
F:T2G
|
$2.08 Billion |
|
The Navigator Company SA
LS:NVG
|
$2.09 Billion |
|
Ningbo Boway Alloy Material Co Ltd
SHG:601137
|
$2.08 Billion |
|
AUTOHOME INC. A DL -01
F:8AHA
|
$2.08 Billion |
|
DRDGOLD Limited
F:DUBA
|
$2.08 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
$2.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kitron ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 198,900,000 to 313,900,000, a change of 115,000,000 (57.8%).
- Net income of 43,800,000 contributed positively to equity growth.
- Dividend payments of 6,000,000 reduced retained earnings.
- Share repurchases of 80,000,000 reduced equity.
- New share issuances of 82,100,000 increased equity.
- Other factors increased equity by 75,100,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr43.80 Million | +13.95% |
| Dividends Paid | Nkr6.00 Million | -1.91% |
| Share Repurchases | Nkr80.00 Million | -25.49% |
| Share Issuances | Nkr82.10 Million | +26.15% |
| Other Changes | Nkr75.10 Million | +23.92% |
| Total Change | Nkr- | 57.82% |
Book Value vs Market Value Analysis
This analysis compares Kitron 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: 63.05x
- 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 13.81x to 63.05x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | Nkr6.55 | Nkr90.50 | x |
| 2002-12-31 | Nkr3.70 | Nkr90.50 | x |
| 2003-12-31 | Nkr2.31 | Nkr90.50 | x |
| 2004-12-31 | Nkr1.44 | Nkr90.50 | x |
| 2005-12-31 | Nkr1.00 | Nkr90.50 | x |
| 2006-12-31 | Nkr1.07 | Nkr90.50 | x |
| 2007-12-31 | Nkr1.43 | Nkr90.50 | x |
| 2008-12-31 | Nkr2.78 | Nkr90.50 | x |
| 2009-12-31 | Nkr2.60 | Nkr90.50 | x |
| 2010-12-31 | Nkr2.43 | Nkr90.50 | x |
| 2011-12-31 | Nkr2.52 | Nkr90.50 | x |
| 2012-12-31 | Nkr2.72 | Nkr90.50 | x |
| 2013-12-31 | Nkr2.74 | Nkr90.50 | x |
| 2014-12-31 | Nkr2.86 | Nkr90.50 | x |
| 2015-12-31 | Nkr3.17 | Nkr90.50 | x |
| 2016-12-31 | Nkr3.25 | Nkr90.50 | x |
| 2017-12-31 | Nkr3.74 | Nkr90.50 | x |
| 2018-12-31 | Nkr3.83 | Nkr90.50 | x |
| 2019-12-31 | Nkr4.16 | Nkr90.50 | x |
| 2020-12-31 | Nkr4.91 | Nkr90.50 | x |
| 2021-12-31 | Nkr6.77 | Nkr90.50 | x |
| 2022-12-31 | Nkr7.53 | Nkr90.50 | x |
| 2023-12-31 | Nkr0.92 | Nkr90.50 | x |
| 2024-12-31 | Nkr0.99 | Nkr90.50 | x |
| 2025-12-31 | Nkr1.44 | Nkr90.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kitron 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): 13.95%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.93%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 2.36x
- Recent ROE (13.95%) is above the historical average (4.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -38.43% | -4.23% | 2.66x | 3.41x | Nkr-139.87 Million |
| 2002 | -28.81% | -3.24% | 2.43x | 3.66x | Nkr-86.55 Million |
| 2003 | -18.90% | -2.50% | 2.48x | 3.04x | Nkr-69.76 Million |
| 2004 | -46.43% | -5.05% | 2.63x | 3.50x | Nkr-107.34 Million |
| 2005 | -39.00% | -3.74% | 2.42x | 4.32x | Nkr-74.05 Million |
| 2006 | 22.44% | 2.46% | 1.77x | 5.16x | Nkr23.11 Million |
| 2007 | 26.09% | 3.33% | 1.94x | 4.05x | Nkr39.73 Million |
| 2008 | 44.61% | 9.44% | 1.82x | 2.60x | Nkr166.27 Million |
| 2009 | 1.81% | 0.47% | 1.76x | 2.18x | Nkr-36.87 Million |
| 2010 | -6.03% | -1.54% | 1.62x | 2.41x | Nkr-67.42 Million |
| 2011 | 4.02% | 1.06% | 1.56x | 2.43x | Nkr-26.06 Million |
| 2012 | 9.87% | 2.74% | 1.67x | 2.17x | Nkr-595.10K |
| 2013 | 1.76% | 0.51% | 1.50x | 2.30x | Nkr-39.04 Million |
| 2014 | 4.91% | 1.39% | 1.52x | 2.33x | Nkr-25.18 Million |
| 2015 | 12.75% | 3.70% | 1.53x | 2.25x | Nkr15.57 Million |
| 2016 | 12.75% | 3.56% | 1.55x | 2.31x | Nkr16.07 Million |
| 2017 | 14.92% | 4.06% | 1.57x | 2.33x | Nkr32.64 Million |
| 2018 | 15.95% | 4.21% | 1.40x | 2.70x | Nkr41.12 Million |
| 2019 | 17.92% | 4.02% | 1.38x | 3.24x | Nkr58.58 Million |
| 2020 | 24.06% | 5.37% | 1.49x | 3.00x | Nkr124.49 Million |
| 2021 | 12.45% | 4.12% | 1.12x | 2.69x | Nkr30.04 Million |
| 2022 | 19.06% | 4.43% | 1.10x | 3.90x | Nkr136.50 Million |
| 2023 | 27.85% | 6.59% | 1.33x | 3.17x | Nkr32.75 Million |
| 2024 | 14.08% | 4.33% | 1.16x | 2.80x | Nkr8.11 Million |
| 2025 | 13.95% | 5.93% | 1.00x | 2.36x | Nkr12.41 Million |
Industry Comparison
This section compares Kitron ASA's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $53,992,500
- Average return on equity (ROE) among peers: -31.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kitron ASA (KIT) | Nkr350.60 Million | -38.43% | 1.50x | $2.08 Billion |
| Ensurge Micropower ASA (ENSU) | $30.15 Million | 0.00% | 0.33x | $60.35 Million |
| Polight ASA (PLT) | $77.83 Million | -63.37% | 0.31x | $290.74 Million |
About Kitron ASA
Kitron ASA operates as an electronics manufacturing services provider in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, Malaysia, and the United States. The company manufactures and sells electronics that are embedded in the customer's own products; and box-built electronic products. It also provides electronics manufacturing services, including automated a… Read more