Norwegian Block Exchange AS (NBX) - Net Assets
Based on the latest financial reports, Norwegian Block Exchange AS (NBX) has net assets worth Nkr73.16 Million NOK (≈ $7.70 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr147.50 Million ≈ $15.52 Million USD) and total liabilities (Nkr74.34 Million ≈ $7.82 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 NBX asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr73.16 Million |
| % of Total Assets | 49.6% |
| Annual Growth Rate | N/A |
| 5-Year Change | -28.97% |
| 10-Year Change | N/A |
| Growth Volatility | 81.37 |
Norwegian Block Exchange AS - Net Assets Trend (2018–2024)
This chart illustrates how Norwegian Block Exchange AS's net assets have evolved over time, based on quarterly financial data. Also explore how large is Norwegian Block Exchange AS's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Norwegian Block Exchange AS (2018–2024)
The table below shows the annual net assets of Norwegian Block Exchange AS from 2018 to 2024. For live valuation and market cap data, see Norwegian Block Exchange AS market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr73.16 Million ≈ $7.70 Million |
+87.61% |
| 2023-12-31 | Nkr39.00 Million ≈ $4.10 Million |
-36.96% |
| 2022-12-31 | Nkr61.86 Million ≈ $6.51 Million |
-23.24% |
| 2021-12-31 | Nkr80.60 Million ≈ $8.48 Million |
-21.76% |
| 2020-12-31 | Nkr103.00 Million ≈ $10.84 Million |
+171.18% |
| 2019-12-31 | Nkr37.98 Million ≈ $4.00 Million |
+1910.83% |
| 2018-12-31 | Nkr-2.10 Million ≈ $-220.73K |
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Equity Component Analysis
This analysis shows how different components contribute to Norwegian Block Exchange 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 decreased by 12445115500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr82.23 Million | 112.38% |
| Other Comprehensive Income | Nkr18.50 Million | 25.29% |
| Other Components | Nkr101.48 Million | 138.70% |
| Total Equity | Nkr73.16 Million | 100.00% |
Norwegian Block Exchange AS Competitors by Market Cap
The table below lists competitors of Norwegian Block Exchange AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Neo-Concept International Group Holdings Limited Ordinary Shares
NASDAQ:NCI
|
$19.41 Million |
|
Integral Acquisition 1 Corp
NASDAQ:INTE
|
$19.43 Million |
|
Israel China Biotechnology (ICB) Ltd
TA:ICB
|
$19.47 Million |
|
Bankers Investment Trust
LSE:BNKR
|
$19.47 Million |
|
Blackwall Ltd
AU:BWF
|
$19.39 Million |
|
Farmaceutica R
RO:RMAH
|
$19.39 Million |
|
LANCOR HOLDINGS LTD.
NSE:LANCORHOL
|
$19.38 Million |
|
Aspinwall and Company Limited
NSE:ASPINWALL
|
$19.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Norwegian Block Exchange AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 38,998,869 to 73,164,429, a change of 34,165,560 (87.6%).
- Net loss of 23,237,644 reduced equity.
- Share repurchases of 20,689,710 reduced equity.
- New share issuances of 20,689,712 increased equity.
- Other comprehensive income increased equity by 21,205,570.
- Other factors increased equity by 36,197,632.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-23.24 Million | -31.76% |
| Share Repurchases | Nkr20.69 Million | -28.28% |
| Share Issuances | Nkr20.69 Million | +28.28% |
| Other Comprehensive Income | Nkr21.21 Million | +28.98% |
| Other Changes | Nkr36.20 Million | +49.47% |
| Total Change | Nkr- | 87.61% |
Book Value vs Market Value Analysis
This analysis compares Norwegian Block Exchange 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: 1.27x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Nkr-0.02 | Nkr0.68 | x |
| 2019-12-31 | Nkr0.39 | Nkr0.68 | x |
| 2020-12-31 | Nkr1.06 | Nkr0.68 | x |
| 2021-12-31 | Nkr0.83 | Nkr0.68 | x |
| 2022-12-31 | Nkr0.60 | Nkr0.68 | x |
| 2023-12-31 | Nkr0.32 | Nkr0.68 | x |
| 2024-12-31 | Nkr0.53 | Nkr0.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Norwegian Block Exchange 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): -31.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -142.98%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 2.02x
- Recent ROE (-31.76%) is above the historical average (-33.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | Nkr-4.38 Million |
| 2019 | -36.93% | -23380.26% | 0.00x | 1.17x | Nkr-17.83 Million |
| 2020 | -17.41% | -2363.96% | 0.01x | 1.15x | Nkr-28.23 Million |
| 2021 | -30.00% | -28873.42% | 0.00x | 1.78x | Nkr-32.24 Million |
| 2022 | -57.97% | -2936.55% | 0.01x | 1.87x | Nkr-42.05 Million |
| 2023 | -58.63% | -919.71% | 0.02x | 3.09x | Nkr-26.76 Million |
| 2024 | -31.76% | -142.98% | 0.11x | 2.02x | Nkr-30.55 Million |
Industry Comparison
This section compares Norwegian Block Exchange AS's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $427,395,000
- Average return on equity (ROE) among peers: 13.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Norwegian Block Exchange AS (NBX) | Nkr73.16 Million | 0.00% | 1.02x | $19.41 Million |
| ABG Sundal Collier Holding ASA (ABG) | $427.39 Million | 13.06% | 2.19x | $386.68 Million |
About Norwegian Block Exchange AS
Norwegian Block Exchange AS offers an internet-based marketplace for customers to buy and sell digital assets in Norway. It develops digital asset-based products; and offers OTC trading, compliance and custody, staking, and credit card with bitcoin cashback services. The company was incorporated in 2018 and is based in Lysaker, Norway.