Lokotech Group AS (LOKO) - Net Assets
Based on the latest financial reports, Lokotech Group AS (LOKO) has net assets worth Nkr136.76 Million NOK (≈ $14.39 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr163.02 Million ≈ $17.15 Million USD) and total liabilities (Nkr26.26 Million ≈ $2.76 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 LOKO asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr136.76 Million |
| % of Total Assets | 83.89% |
| Annual Growth Rate | -28.49% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 12.84 |
Lokotech Group AS - Net Assets Trend (2021–2024)
This chart illustrates how Lokotech Group AS's net assets have evolved over time, based on quarterly financial data. Also explore Lokotech Group AS (LOKO) total assets for the complete picture of this company's asset base.
Annual Net Assets for Lokotech Group AS (2021–2024)
The table below shows the annual net assets of Lokotech Group AS from 2021 to 2024. For live valuation and market cap data, see LOKO market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr30.01 Million ≈ $3.16 Million |
-40.18% |
| 2023-12-31 | Nkr50.18 Million ≈ $5.28 Million |
-32.20% |
| 2022-12-31 | Nkr74.00 Million ≈ $7.79 Million |
-9.85% |
| 2021-12-31 | Nkr82.09 Million ≈ $8.64 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lokotech Group AS'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 100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr1.00 | 0.00% |
| Common Stock | Nkr8.80 Million | 29.32% |
| Other Components | Nkr21.21 Million | 70.68% |
| Total Equity | Nkr30.01 Million | 100.00% |
Lokotech Group AS Competitors by Market Cap
The table below lists competitors of Lokotech Group AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Classic Scenic Bhd
KLSE:7202
|
$48.79 Million |
|
Mereo BioPharma Group PLC ADR
NASDAQ:MREO
|
$48.79 Million |
|
Piolink Inc
KQ:170790
|
$48.80 Million |
|
Jacques Bogart SA
PA:JBOG
|
$48.83 Million |
|
Mirza International Limited
NSE:MIRZAINT
|
$48.77 Million |
|
Maison Antoine Baud Société Anonyme
PA:MLMAB
|
$48.77 Million |
|
OssDsign AB
ST:OSSD
|
$48.75 Million |
|
Cenit Co. Ltd
KQ:037760
|
$48.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lokotech Group AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 50,176,020 to 30,014,460, a change of -20,161,560 (-40.2%).
- Net loss of 25,612,740 reduced equity.
- Share repurchases of 5,034,930 reduced equity.
- New share issuances of 5,037,925 increased equity.
- Other factors increased equity by 5,448,185.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-25.61 Million | -85.33% |
| Share Repurchases | Nkr5.03 Million | -16.78% |
| Share Issuances | Nkr5.04 Million | +16.78% |
| Other Changes | Nkr5.45 Million | +18.15% |
| Total Change | Nkr- | -40.18% |
Book Value vs Market Value Analysis
This analysis compares Lokotech Group AS'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: 8.29x
- 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 2.98x to 8.29x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | Nkr0.25 | Nkr0.74 | x |
| 2022-12-31 | Nkr0.22 | Nkr0.74 | x |
| 2023-12-31 | Nkr0.15 | Nkr0.74 | x |
| 2024-12-31 | Nkr0.09 | Nkr0.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lokotech Group AS 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): -85.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -690.57%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.76x
- Recent ROE (-85.33%) is below the historical average (-48.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -30.57% | 0.00% | 0.00x | 1.02x | Nkr-33.30 Million |
| 2022 | -21.86% | -12624.26% | 0.00x | 1.03x | Nkr-23.58 Million |
| 2023 | -55.29% | 0.00% | 0.00x | 1.07x | Nkr-32.76 Million |
| 2024 | -85.33% | -690.57% | 0.07x | 1.76x | Nkr-28.61 Million |
Industry Comparison
This section compares Lokotech Group AS's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $189,792,000
- Average return on equity (ROE) among peers: -72.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lokotech Group AS (LOKO) | Nkr136.76 Million | -30.57% | 0.19x | $48.78 Million |
| Elliptic Laboratories AS (ELABS) | $189.79 Million | -72.80% | 0.17x | $36.20 Million |
About Lokotech Group AS
Lokotech Group AS, a management and holding company, engages in the provision of software and hardware solution for crypto industry. The company is involved in the development of algorithm application specific integrated circuit (ASIC) for mining Scrypt, such as Litecoin and Dogecoin, as well as for Edge AI-interfacing through PowerPool, and data center services. It also leases properties for dat… Read more