Norwegian Block Exchange AS Net Assets
Norwegian Block Exchange AS net assets. Based on the latest financial reports, Norwegian Block Exchange AS (NBX) has net assets worth Nkr86.15 Million NOK (≈ $9.07 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 (Nkr176.35 Million ≈ $18.56 Million USD) and total liabilities (Nkr90.20 Million ≈ $9.49 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. Also explore Norwegian Block Exchange AS equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr86.15 Million |
| % of Total Assets | 48.85% |
| Annual Growth Rate | N/A |
| 5-Year Change | 6.89% |
| 10-Year Change | N/A |
| Growth Volatility | 74.57 |
Net Assets of Norwegian Block Exchange AS (2018–2025)
Net assets of Norwegian Block Exchange AS from 2018 to 2025. This chart illustrates how Norwegian Block Exchange AS's net assets have evolved over time, based on quarterly financial data. See NBX net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Norwegian Block Exchange AS (2018–2025)
The table below shows the annual net assets of Norwegian Block Exchange AS from 2018 to 2025. For live market cap and overall valuation, see market value of Norwegian Block Exchange AS.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr86.15 Million ≈ $9.07 Million |
+17.75% |
| 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 grown by 429677200.0% over the analyzed period, indicating profitable operations and earnings retention.
Norwegian Block Exchange AS Net Assets Breakdown (December 2025)
Norwegian Block Exchange AS net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Nkr86.45 Million | 100.34% |
| Total Equity | Nkr86.15 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 |
|---|---|
|
Food and Drinks Public Company Limited
BK:F&D
|
$20.05 Million |
|
Huddlestock Fintech As
OL:HUDL
|
$20.05 Million |
|
Next Hydrogen Solutions Inc.
V:NXH
|
$20.06 Million |
|
Guandian Defense Technology Co. Ltd. A
SHG:688287
|
$20.06 Million |
|
Elspec
TA:ELSPC
|
$20.05 Million |
|
Hifab Group AB Series B
ST:HIFA-B
|
$20.03 Million |
|
Euroconsultants SA
AT:EUROC
|
$20.03 Million |
|
Artmarket.com SA
PA:PRC
|
$20.02 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 2024 to 2025, total equity changed from 73,164,429 to 86,152,584, a change of 12,988,155 (17.8%).
- Net loss of 14,509,374 reduced equity.
- New share issuances of 20,219,958 increased equity.
- Other comprehensive income decreased equity by 18,500,000.
- Other factors increased equity by 25,777,571.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-14.51 Million | -16.84% |
| Share Issuances | Nkr20.22 Million | +23.47% |
| Other Comprehensive Income | Nkr-18.50 Million | -21.47% |
| Other Changes | Nkr25.78 Million | +29.92% |
| Total Change | Nkr- | 17.75% |
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: 1.42x
- 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 | Nkr0.52 | x |
| 2019-12-31 | Nkr0.39 | Nkr0.52 | x |
| 2020-12-31 | Nkr1.06 | Nkr0.52 | x |
| 2021-12-31 | Nkr0.83 | Nkr0.52 | x |
| 2022-12-31 | Nkr0.60 | Nkr0.52 | x |
| 2023-12-31 | Nkr0.32 | Nkr0.52 | x |
| 2024-12-31 | Nkr0.53 | Nkr0.52 | x |
| 2025-12-31 | Nkr0.37 | Nkr0.52 | 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): -16.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -78.61%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 2.05x
- Recent ROE (-16.84%) is above the historical average (-31.19%), 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 |
| 2025 | -16.84% | -78.61% | 0.10x | 2.05x | Nkr-23.12 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: $239,105,935
- Average return on equity (ROE) among peers: -16.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Norwegian Block Exchange AS (NBX) | Nkr86.15 Million | 0.00% | 1.05x | $20.05 Million |
| ABG Sundal Collier Holding ASA (ABG) | $427.39 Million | 13.06% | 2.19x | $385.61 Million |
| Ace Digital AS (ACED) | $50.82 Million | -46.87% | 0.02x | $5.56 Million |
About Norwegian Block Exchange AS
Norwegian Block Exchange AS, a financial services company, 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. Norwegian Block Exchange AS was incorporated in 2018 and is based in Lysaker, Norway.