Kitron ASA (KIT) - Net Assets
Based on the latest financial reports, Kitron ASA (KIT) has net assets worth Nkr313.90 Million NOK (≈ $33.03 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 (Nkr741.30 Million ≈ $78.01 Million USD) and total liabilities (Nkr427.40 Million ≈ $44.97 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 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr313.90 Million |
| % of Total Assets | 42.34% |
| 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. Also explore Kitron ASA (KIT) total assets for the complete picture of this company's asset base.
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 |
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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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Nkr313.90 Million | 100.00% |
| 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 |
|---|---|
|
Easy Click Worldwide Network Technology Co. Ltd. A
SHE:301171
|
$2.31 Billion |
|
Levi Strauss & Co Class A
NYSE:LEVI
|
$2.31 Billion |
|
Chung-Hsin Electric & Machinery Mfg Corp
TW:1513
|
$2.31 Billion |
|
Tower Bersama Infrastructure Tbk PT
JK:TBIG
|
$2.31 Billion |
|
YiDong Electronics Technology Co. Ltd.
SHE:301123
|
$2.31 Billion |
|
Keli Sensing Technology Ningbo Co Ltd
SHG:603662
|
$2.31 Billion |
|
Formosa Sumco Technology Corp
TW:3532
|
$2.31 Billion |
|
Vivendi SA
PA:VIV
|
$2.31 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.
- Other factors increased equity by 71,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr43.80 Million | +13.95% |
| Other Changes | Nkr71.20 Million | +22.68% |
| 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: 69.95x
- 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 15.32x to 69.95x 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 | Nkr100.40 | x |
| 2002-12-31 | Nkr3.70 | Nkr100.40 | x |
| 2003-12-31 | Nkr2.31 | Nkr100.40 | x |
| 2004-12-31 | Nkr1.44 | Nkr100.40 | x |
| 2005-12-31 | Nkr1.00 | Nkr100.40 | x |
| 2006-12-31 | Nkr1.07 | Nkr100.40 | x |
| 2007-12-31 | Nkr1.43 | Nkr100.40 | x |
| 2008-12-31 | Nkr2.78 | Nkr100.40 | x |
| 2009-12-31 | Nkr2.60 | Nkr100.40 | x |
| 2010-12-31 | Nkr2.43 | Nkr100.40 | x |
| 2011-12-31 | Nkr2.52 | Nkr100.40 | x |
| 2012-12-31 | Nkr2.72 | Nkr100.40 | x |
| 2013-12-31 | Nkr2.74 | Nkr100.40 | x |
| 2014-12-31 | Nkr2.86 | Nkr100.40 | x |
| 2015-12-31 | Nkr3.17 | Nkr100.40 | x |
| 2016-12-31 | Nkr3.25 | Nkr100.40 | x |
| 2017-12-31 | Nkr3.74 | Nkr100.40 | x |
| 2018-12-31 | Nkr3.83 | Nkr100.40 | x |
| 2019-12-31 | Nkr4.16 | Nkr100.40 | x |
| 2020-12-31 | Nkr4.91 | Nkr100.40 | x |
| 2021-12-31 | Nkr6.77 | Nkr100.40 | x |
| 2022-12-31 | Nkr7.53 | Nkr100.40 | x |
| 2023-12-31 | Nkr0.92 | Nkr100.40 | x |
| 2024-12-31 | Nkr0.99 | Nkr100.40 | x |
| 2025-12-31 | Nkr1.44 | Nkr100.40 | 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) | Nkr313.90 Million | -38.43% | 1.36x | $2.31 Billion |
| Ensurge Micropower ASA (ENSU) | $-16.25 Million | 0.00% | 0.00x | $65.29 Million |
| Polight ASA (PLT) | $195.04 Million | -18.86% | 0.13x | $132.32 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