Multiconsult AS
Multiconsult ASA, together with its subsidiaries, engages in the provision of engineering design, consultancy, and architecture services in Norway, Sweden, Denmark, Poland, and internationally. It operates through Region Oslo; Region Norway; Architecture; and International segments. The company offers multidisciplinary consultancy services in the areas, including design, planning, project supervi… Read more
Multiconsult AS (MULTI) - Net Assets
Latest net assets as of December 2025: Nkr1.19 Billion NOK
Based on the latest financial reports, Multiconsult AS (MULTI) has net assets worth Nkr1.19 Billion NOK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr4.30 Billion) and total liabilities (Nkr3.11 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr1.19 Billion |
| % of Total Assets | 27.62% |
| Annual Growth Rate | 9.38% |
| 5-Year Change | 44.55% |
| 10-Year Change | 142.13% |
| Growth Volatility | 15.62 |
Multiconsult AS - Net Assets Trend (2011–2025)
This chart illustrates how Multiconsult AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Multiconsult AS (2011–2025)
The table below shows the annual net assets of Multiconsult AS from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr1.23 Billion | -3.91% |
| 2024-12-31 | Nkr1.28 Billion | +18.38% |
| 2023-12-31 | Nkr1.08 Billion | +8.85% |
| 2022-12-31 | Nkr992.45 Million | +16.74% |
| 2021-12-31 | Nkr850.12 Million | +9.89% |
| 2020-12-31 | Nkr773.62 Million | +33.06% |
| 2019-12-31 | Nkr581.41 Million | -1.99% |
| 2018-12-31 | Nkr593.21 Million | +1.91% |
| 2017-12-31 | Nkr582.07 Million | +14.69% |
| 2016-12-31 | Nkr507.52 Million | +44.93% |
| 2015-12-31 | Nkr350.18 Million | -16.61% |
| 2014-12-31 | Nkr419.91 Million | -9.04% |
| 2013-12-31 | Nkr461.63 Million | +12.71% |
| 2012-12-31 | Nkr409.57 Million | +16.88% |
| 2011-12-31 | Nkr350.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Multiconsult 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 125913200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr1.26 Billion | 106.09% |
| Total Equity | Nkr1.19 Billion | 100.00% |
Multiconsult AS Competitors by Market Cap
The table below lists competitors of Multiconsult AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Prisemi Electronics Co Ltd
SHG:688230
|
$266.29 Million |
|
Wuxi Commercial Mansion Grand Orient Co Ltd
SHG:600327
|
$266.38 Million |
|
Altus Power Inc
NYSE:AMPS
|
$266.49 Million |
|
Shenzhen Glory Medical Co Ltd
SHE:002551
|
$266.49 Million |
|
HaiXin Foods Co Ltd
SHE:002702
|
$266.25 Million |
|
TATTON ASSET MANAG.LS-20
F:2T7
|
$266.24 Million |
|
MBIA Inc
NYSE:MBI
|
$266.23 Million |
|
CHECKPOINT THER. DL-0001
F:CZTA
|
$266.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Multiconsult AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,236,556,000 to 1,186,884,000, a change of -49,672,000 (-4.0%).
- Net income of 252,955,000 contributed positively to equity growth.
- Dividend payments of 277,042,000 reduced retained earnings.
- Share repurchases of 63,374,000 reduced equity.
- New share issuances of 109,611,000 increased equity.
- Other comprehensive income increased equity by 249,733,000.
- Other factors decreased equity by 321,555,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr252.96 Million | +21.31% |
| Dividends Paid | Nkr277.04 Million | -23.34% |
| Share Repurchases | Nkr63.37 Million | -5.34% |
| Share Issuances | Nkr109.61 Million | +9.24% |
| Other Comprehensive Income | Nkr249.73 Million | +21.04% |
| Other Changes | Nkr-321.56 Million | -27.09% |
| Total Change | Nkr- | -4.02% |
Book Value vs Market Value Analysis
This analysis compares Multiconsult 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: 3.63x
- 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 1.20x to 3.63x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | Nkr133.57 | Nkr160.00 | x |
| 2012-12-31 | Nkr156.12 | Nkr160.00 | x |
| 2013-12-31 | Nkr175.96 | Nkr160.00 | x |
| 2014-12-31 | Nkr16.00 | Nkr160.00 | x |
| 2015-12-31 | Nkr13.37 | Nkr160.00 | x |
| 2016-12-31 | Nkr19.34 | Nkr160.00 | x |
| 2017-12-31 | Nkr22.04 | Nkr160.00 | x |
| 2018-12-31 | Nkr21.99 | Nkr160.00 | x |
| 2019-12-31 | Nkr21.57 | Nkr160.00 | x |
| 2020-12-31 | Nkr28.73 | Nkr160.00 | x |
| 2021-12-31 | Nkr31.39 | Nkr160.00 | x |
| 2022-12-31 | Nkr36.23 | Nkr160.00 | x |
| 2023-12-31 | Nkr37.62 | Nkr160.00 | x |
| 2024-12-31 | Nkr44.87 | Nkr160.00 | x |
| 2025-12-31 | Nkr44.12 | Nkr160.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Multiconsult 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): 21.31%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.47%
- • Asset Turnover: 1.32x
- • Equity Multiplier: 3.62x
- Recent ROE (21.31%) is below the historical average (26.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 22.38% | 4.51% | 1.92x | 2.58x | Nkr43.40 Million |
| 2012 | 23.09% | 5.11% | 1.90x | 2.37x | Nkr53.61 Million |
| 2013 | 20.99% | 4.57% | 1.85x | 2.48x | Nkr50.73 Million |
| 2014 | 39.70% | 7.36% | 1.75x | 3.09x | Nkr124.72 Million |
| 2015 | 42.87% | 5.88% | 2.03x | 3.59x | Nkr115.09 Million |
| 2016 | 42.12% | 7.20% | 2.15x | 2.72x | Nkr163.02 Million |
| 2017 | 13.66% | 2.36% | 1.86x | 3.11x | Nkr21.33 Million |
| 2018 | 10.71% | 1.63% | 2.07x | 3.19x | Nkr4.24 Million |
| 2019 | 6.04% | 0.86% | 1.52x | 4.60x | Nkr-23.03 Million |
| 2020 | 32.21% | 5.95% | 1.54x | 3.51x | Nkr171.85 Million |
| 2021 | 27.60% | 5.48% | 1.41x | 3.57x | Nkr149.65 Million |
| 2022 | 30.53% | 6.22% | 1.62x | 3.03x | Nkr203.77 Million |
| 2023 | 30.74% | 5.65% | 1.45x | 3.75x | Nkr214.63 Million |
| 2024 | 33.68% | 6.56% | 1.68x | 3.05x | Nkr292.83 Million |
| 2025 | 21.31% | 4.47% | 1.32x | 3.62x | Nkr134.27 Million |
Industry Comparison
This section compares Multiconsult AS's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,116,389,000
- Average return on equity (ROE) among peers: 37.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Multiconsult AS (MULTI) | Nkr1.19 Billion | 22.38% | 2.62x | $266.28 Million |
| Cadeler As (CADLR) | $325.26 Million | 2.29% | 0.31x | $877.51 Million |
| DOF Group ASA (DOFG) | $364.00 Million | 237.64% | 60.27x | $54.70 Million |
| Endur ASA (ENDUR) | $125.98 Million | -56.21% | 0.92x | $286.51 Million |
| Goodtech (GOD) | $-10.51 Million | 0.00% | 0.00x | $11.27 Million |
| Norconsult ASA (NORCO) | $2.53 Billion | 19.59% | 1.81x | $1.06 Billion |
| Sentia Asa (SNTIA) | $1.61 Billion | 29.18% | 3.19x | $56.33K |
| Veidekke ASA (VEI) | $2.86 Billion | 33.45% | 5.05x | $1.55 Billion |