Kraft Bank Asa (KRAB) - Net Assets
Based on the latest financial reports, Kraft Bank Asa (KRAB) has net assets worth Nkr506.89 Million NOK (≈ $53.34 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 (Nkr4.42 Billion ≈ $464.59 Million USD) and total liabilities (Nkr3.91 Billion ≈ $411.25 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 Kraft Bank Asa tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr506.89 Million |
| % of Total Assets | 11.48% |
| Annual Growth Rate | 110.56% |
| 5-Year Change | 39.08% |
| 10-Year Change | N/A |
| Growth Volatility | 7052.88 |
Kraft Bank Asa - Net Assets Trend (2017–2025)
This chart illustrates how Kraft Bank Asa's net assets have evolved over time, based on quarterly financial data. Explore KRAB cash flow conversion to assess how effectively this company generates cash.
Annual Net Assets for Kraft Bank Asa (2017–2025)
The table below shows the annual net assets of Kraft Bank Asa from 2017 to 2025. For live valuation and market cap data, see Kraft Bank Asa market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr506.89 Million ≈ $53.34 Million |
+10.82% |
| 2024-12-31 | Nkr457.39 Million ≈ $48.13 Million |
+3.38% |
| 2023-12-31 | Nkr442.43 Million ≈ $46.56 Million |
+10.55% |
| 2022-12-31 | Nkr400.21 Million ≈ $42.11 Million |
+9.81% |
| 2021-12-31 | Nkr364.45 Million ≈ $38.35 Million |
+14.53% |
| 2020-12-31 | Nkr318.21 Million ≈ $33.49 Million |
+9.22% |
| 2019-12-31 | Nkr291.35 Million ≈ $30.66 Million |
+3.60% |
| 2018-12-31 | Nkr281.22 Million ≈ $29.59 Million |
+21334.76% |
| 2017-12-31 | Nkr1.31 Million ≈ $138.06K |
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Equity Component Analysis
This analysis shows how different components contribute to Kraft Bank 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 |
|---|---|---|
| Common Stock | Nkr42.00 Million | 8.29% |
| Other Components | Nkr464.89 Million | 91.71% |
| Total Equity | Nkr506.89 Million | 100.00% |
Kraft Bank Asa Competitors by Market Cap
The table below lists competitors of Kraft Bank Asa ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LapWall Oyj
HE:LAPWALL
|
$57.67 Million |
|
Pluristem
TA:PSTI
|
$57.67 Million |
|
Ta Chia Yung Ho Machine Industry Co Ltd
TWO:2221
|
$57.67 Million |
|
WithTech Inc.
KQ:348350
|
$57.69 Million |
|
Klimasan Klima Sanayi ve Ticaret AS
IS:KLMSN
|
$57.62 Million |
|
Accelerate Property Fund Ltd
JSE:APF
|
$57.61 Million |
|
Health In Tech, Inc. Class A Common Stock
NASDAQ:HIT
|
$57.61 Million |
|
Italian-Thai Development Public Company Limited
BK:ITD
|
$57.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kraft Bank Asa's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 457,393,000 to 506,893,000, a change of 49,500,000 (10.8%).
- Net income of 65,040,000 contributed positively to equity growth.
- Dividend payments of 15,540,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr65.04 Million | +12.83% |
| Dividends Paid | Nkr15.54 Million | -3.07% |
| Total Change | Nkr- | 10.82% |
Book Value vs Market Value Analysis
This analysis compares Kraft Bank 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: 1.11x
- 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 428.96x to 1.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | Nkr0.03 | Nkr13.40 | x |
| 2018-12-31 | Nkr6.70 | Nkr13.40 | x |
| 2019-12-31 | Nkr6.94 | Nkr13.40 | x |
| 2020-12-31 | Nkr7.58 | Nkr13.40 | x |
| 2021-12-31 | Nkr8.68 | Nkr13.40 | x |
| 2022-12-31 | Nkr9.53 | Nkr13.40 | x |
| 2023-12-31 | Nkr10.53 | Nkr13.40 | x |
| 2024-12-31 | Nkr10.89 | Nkr13.40 | x |
| 2025-12-31 | Nkr12.07 | Nkr13.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kraft Bank 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): 12.83%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.41%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 8.71x
- Recent ROE (12.83%) is above the historical average (-28.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -314.77% | 0.00% | 0.00x | 1.33x | Nkr-4.26 Million |
| 2018 | -3.84% | -138.35% | 0.02x | 1.63x | Nkr-38.91 Million |
| 2019 | 2.68% | 15.83% | 0.04x | 4.16x | Nkr-21.33 Million |
| 2020 | 8.44% | 30.71% | 0.04x | 6.33x | Nkr-4.95 Million |
| 2021 | 12.69% | 35.33% | 0.05x | 7.90x | Nkr9.80 Million |
| 2022 | 11.61% | 31.71% | 0.04x | 9.30x | Nkr6.44 Million |
| 2023 | 9.57% | 30.56% | 0.04x | 8.54x | Nkr-1.91 Million |
| 2024 | 6.03% | 18.35% | 0.03x | 9.58x | Nkr-18.18 Million |
| 2025 | 12.83% | 30.41% | 0.05x | 8.71x | Nkr14.35 Million |
Industry Comparison
This section compares Kraft Bank Asa's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $9,858,126,000
- Average return on equity (ROE) among peers: 8.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kraft Bank Asa (KRAB) | Nkr506.89 Million | -314.77% | 7.71x | $57.64 Million |
| Aasen Sparebank (AASB) | $742.44 Million | 10.28% | 7.35x | $24.75 Million |
| Aurskog Sparebank (AURG) | $233.86 Million | 10.32% | 10.93x | $124.99 Million |
| Bien Sparebank ASA (BIEN) | $694.19 Million | 8.04% | 6.36x | $98.62 Million |
| DnB ASA (DNB) | $81.28 Billion | 11.33% | 21.54x | $43.84 Billion |
| Grong Sparebank (GRONG) | $580.78 Million | 7.93% | 9.14x | $79.42 Million |
| Helgeland Sparebank (HELG) | $1.56 Billion | 6.34% | 10.77x | $445.47 Million |
| Holand og Setskog Sparebank (HSPG) | $343.85 Million | 7.89% | 12.53x | $10.64 Million |
| Instabank ASA (INSTA) | $483.73 Million | 5.39% | 6.06x | $187.70 Million |
| Jaeren Sparebank (JAREN) | $2.81 Billion | 10.94% | 6.46x | $177.00 Million |
About Kraft Bank Asa
Kraft Bank ASA provides refinancing of mortgages on loans and unsecured loans with and without collateral to individuals in Norway. It also offers deposit and saving products, investment, and advisory services. The company was founded in 2016 and is based in Sandnes, Norway.