Kitron ASA (KIT) - Net Assets

Latest as of March 2026: Nkr350.60 Million NOK ≈ $36.89 Million USD

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. Check Kitron ASA tangible equity quality to evaluate the tangible quality of the company's equity base.

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

Kitron ASA - Net Assets Trend (2001–2025)

This chart illustrates how Kitron ASA's net assets have evolved over time, based on quarterly financial data. See KIT cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

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 valuation and market cap data, see market cap of Kitron ASA.

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		 --

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.

Current Equity Component Breakdown (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
GKG Precision Machine Co. Ltd. A
SHE:301338
 $2.52 Billion
Jinhui Mining Co Ltd
SHG:603132
 $2.52 Billion
Bethel Automotive Safety Systems Co Ltd Class A
SHG:603596
 $2.52 Billion
CHN Energy Changyuan Electric Power Co Ltd
SHE:000966
 $2.52 Billion
Russel Metals Inc.
TO:RUS
 $2.52 Billion
TAG IMMOBILIEN ADR 1/2
F:TEG0
 $2.51 Billion
Freshpet Inc
NASDAQ:FRPT
 $2.51 Billion
Titan Wind Energy Suzhou
SHE:002531
 $2.51 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: 76.15x
  • 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 16.68x to 76.15x 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 Nkr109.30 x
2002-12-31 Nkr3.70 Nkr109.30 x
2003-12-31 Nkr2.31 Nkr109.30 x
2004-12-31 Nkr1.44 Nkr109.30 x
2005-12-31 Nkr1.00 Nkr109.30 x
2006-12-31 Nkr1.07 Nkr109.30 x
2007-12-31 Nkr1.43 Nkr109.30 x
2008-12-31 Nkr2.78 Nkr109.30 x
2009-12-31 Nkr2.60 Nkr109.30 x
2010-12-31 Nkr2.43 Nkr109.30 x
2011-12-31 Nkr2.52 Nkr109.30 x
2012-12-31 Nkr2.72 Nkr109.30 x
2013-12-31 Nkr2.74 Nkr109.30 x
2014-12-31 Nkr2.86 Nkr109.30 x
2015-12-31 Nkr3.17 Nkr109.30 x
2016-12-31 Nkr3.25 Nkr109.30 x
2017-12-31 Nkr3.74 Nkr109.30 x
2018-12-31 Nkr3.83 Nkr109.30 x
2019-12-31 Nkr4.16 Nkr109.30 x
2020-12-31 Nkr4.91 Nkr109.30 x
2021-12-31 Nkr6.77 Nkr109.30 x
2022-12-31 Nkr7.53 Nkr109.30 x
2023-12-31 Nkr0.92 Nkr109.30 x
2024-12-31 Nkr0.99 Nkr109.30 x
2025-12-31 Nkr1.44 Nkr109.30 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: $89,395,500
  • Average return on equity (ROE) among peers: -9.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Kitron ASA (KIT) Nkr350.60 Million -38.43% 1.50x $2.52 Billion
Ensurge Micropower ASA (ENSU) $-16.25 Million 0.00% 0.00x $59.16 Million
Polight ASA (PLT) $195.04 Million -18.86% 0.13x $192.55 Million

About Kitron ASA

OL:KIT Norway Electronic Components
Market Cap
$2.52 Billion
Nkr23.90 Billion NOK
Market Cap Rank
#5565 Global
#37 in Norway
Share Price
Nkr109.30
Change (1 day)
+0.00%
52-Week Range
Nkr56.50 - Nkr114.30
All Time High
Nkr114.30
Categories
Companies in Norway Electronic Components Technology AI & Machine Learning
About

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