Next Biometrics Group ASA (NEXT) - Net Assets
Based on the latest financial reports, Next Biometrics Group ASA (NEXT) has net assets worth Nkr67.96 Million NOK (≈ $7.15 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 (Nkr89.01 Million ≈ $9.37 Million USD) and total liabilities (Nkr21.06 Million ≈ $2.22 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 NEXT asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr67.96 Million |
| % of Total Assets | 76.34% |
| Annual Growth Rate | 38.68% |
| 5-Year Change | 22.3% |
| 10-Year Change | -31.19% |
| Growth Volatility | 120.08 |
Next Biometrics Group ASA - Net Assets Trend (2011–2024)
This chart illustrates how Next Biometrics Group ASA's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Next Biometrics Group ASA for the complete picture of this company's asset base.
Annual Net Assets for Next Biometrics Group ASA (2011–2024)
The table below shows the annual net assets of Next Biometrics Group ASA from 2011 to 2024. For live valuation and market cap data, see Next Biometrics Group ASA stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr118.86 Million ≈ $12.51 Million |
+25.97% |
| 2023-12-31 | Nkr94.35 Million ≈ $9.93 Million |
-1.72% |
| 2022-12-31 | Nkr96.00 Million ≈ $10.10 Million |
-28.49% |
| 2021-12-31 | Nkr134.25 Million ≈ $14.13 Million |
+38.14% |
| 2020-12-31 | Nkr97.19 Million ≈ $10.23 Million |
-27.90% |
| 2019-12-31 | Nkr134.80 Million ≈ $14.18 Million |
+13.00% |
| 2018-12-31 | Nkr119.29 Million ≈ $12.55 Million |
-27.76% |
| 2017-12-31 | Nkr165.12 Million ≈ $17.38 Million |
-6.80% |
| 2016-12-31 | Nkr177.16 Million ≈ $18.64 Million |
+2.57% |
| 2015-12-31 | Nkr172.72 Million ≈ $18.18 Million |
+6.87% |
| 2014-12-31 | Nkr161.61 Million ≈ $17.01 Million |
+155.90% |
| 2013-12-31 | Nkr63.15 Million ≈ $6.65 Million |
+1407.54% |
| 2012-12-31 | Nkr-4.83 Million ≈ $-508.26K |
-385.46% |
| 2011-12-31 | Nkr1.69 Million ≈ $178.05K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Next Biometrics Group 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 4652200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr115.16 Million | 96.89% |
| Other Components | Nkr70.27 Million | 59.12% |
| Total Equity | Nkr118.86 Million | 100.00% |
Next Biometrics Group ASA Competitors by Market Cap
The table below lists competitors of Next Biometrics Group ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dongbang Ship Machinery Co. Ltd
KQ:099410
|
$50.76 Million |
|
Advance Synergy Bhd
KLSE:1481
|
$50.80 Million |
|
Woory Industrial Holdings Co.Ltd
KQ:072470
|
$50.81 Million |
|
Broadwind Energy Inc
NASDAQ:BWEN
|
$50.81 Million |
|
Howden Joinery Group Plc
LSE:HWDN
|
$50.70 Million |
|
Donkeyrepublic Holding AS
CO:DONKEY
|
$50.69 Million |
|
DURECT CORP. DL-001
F:DC8A
|
$50.69 Million |
|
Logan Ridge Finance Corp
NASDAQ:LRFC
|
$50.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Next Biometrics Group ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 94,351,000 to 118,857,000, a change of 24,506,000 (26.0%).
- Net loss of 45,235,000 reduced equity.
- Share repurchases of 60,129,000 reduced equity.
- New share issuances of 60,129,000 increased equity.
- Other factors increased equity by 69,741,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-45.23 Million | -38.06% |
| Share Repurchases | Nkr60.13 Million | -50.59% |
| Share Issuances | Nkr60.13 Million | +50.59% |
| Other Changes | Nkr69.74 Million | +58.68% |
| Total Change | Nkr- | 25.97% |
Book Value vs Market Value Analysis
This analysis compares Next Biometrics Group 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: 3.89x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Nkr-0.50 | Nkr4.02 | x |
| 2013-12-31 | Nkr5.85 | Nkr4.02 | x |
| 2014-12-31 | Nkr11.66 | Nkr4.02 | x |
| 2015-12-31 | Nkr12.13 | Nkr4.02 | x |
| 2016-12-31 | Nkr9.18 | Nkr4.02 | x |
| 2017-12-31 | Nkr7.58 | Nkr4.02 | x |
| 2018-12-31 | Nkr4.80 | Nkr4.02 | x |
| 2019-12-31 | Nkr3.01 | Nkr4.02 | x |
| 2020-12-31 | Nkr1.51 | Nkr4.02 | x |
| 2021-12-31 | Nkr4.27 | Nkr4.02 | x |
| 2022-12-31 | Nkr1.04 | Nkr4.02 | x |
| 2023-12-31 | Nkr0.91 | Nkr4.02 | x |
| 2024-12-31 | Nkr1.03 | Nkr4.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Next Biometrics Group 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): -38.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -63.20%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.28x
- Recent ROE (-38.06%) is above the historical average (-74.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | -1516.89% | 0.11x | 0.00x | Nkr-16.58 Million |
| 2013 | -61.43% | -102092.11% | 0.00x | 1.26x | Nkr-45.11 Million |
| 2014 | -49.31% | -1192.80% | 0.04x | 1.11x | Nkr-95.85 Million |
| 2015 | -70.36% | -2658.81% | 0.02x | 1.12x | Nkr-138.81 Million |
| 2016 | -108.72% | -209.20% | 0.46x | 1.14x | Nkr-210.33 Million |
| 2017 | -109.50% | -184.21% | 0.50x | 1.18x | Nkr-197.33 Million |
| 2018 | -144.94% | -159.51% | 0.72x | 1.26x | Nkr-184.83 Million |
| 2019 | -123.48% | -197.13% | 0.49x | 1.28x | Nkr-179.93 Million |
| 2020 | -104.74% | -175.11% | 0.44x | 1.35x | Nkr-111.51 Million |
| 2021 | -44.70% | -118.24% | 0.31x | 1.20x | Nkr-73.44 Million |
| 2022 | -48.26% | -95.95% | 0.40x | 1.27x | Nkr-55.93 Million |
| 2023 | -69.67% | -191.18% | 0.29x | 1.26x | Nkr-75.17 Million |
| 2024 | -38.06% | -63.20% | 0.47x | 1.28x | Nkr-57.12 Million |
Industry Comparison
This section compares Next Biometrics Group ASA's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $755,594,500
- Average return on equity (ROE) among peers: 14.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Next Biometrics Group ASA (NEXT) | Nkr67.96 Million | 0.00% | 0.31x | $50.70 Million |
| General Oceans ASA (GENO) | $718.39 Million | 5.45% | 0.83x | $620.35 Million |
| Norbit ASA (NORBT) | $792.80 Million | 23.37% | 0.89x | $1.53 Billion |
About Next Biometrics Group ASA
NEXT Biometrics Group ASA, together with its subsidiaries, provides fingerprint sensor technology in Asia, Europe, Africa, and North America. The company offers fingerprint sensors, sensor modules, and readers; and touchpads, face recognition software, and development kits. It sells its products to laptop and notebook, banking and finance, access control, and government ID sectors. The company al… Read more