Nekkar Asa
Nekkar ASA operates as an industrial company builder in Europe, Turkey, Asia, Australia, New Zealand, North America, the United Arab Emirates, Africa, the United States, South America, India, Norway, and internationally. It operates through Syncrolift, Intellilift, Techano Oceanlift, Globetech, and Other segments. The company offers shiplifting systems for launching and retrievals of vessels, and… Read more
Nekkar Asa (NKR) - Net Assets
Latest net assets as of December 2025: Nkr296.02 Million NOK
Based on the latest financial reports, Nekkar Asa (NKR) has net assets worth Nkr296.02 Million NOK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr743.26 Million) and total liabilities (Nkr447.24 Million). 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 | Nkr296.02 Million |
| % of Total Assets | 39.83% |
| Annual Growth Rate | 2.4% |
| 5-Year Change | 16.31% |
| 10-Year Change | -40.33% |
| Growth Volatility | 29.93 |
Nekkar Asa - Net Assets Trend (2002–2025)
This chart illustrates how Nekkar Asa's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nekkar Asa (2002–2025)
The table below shows the annual net assets of Nekkar Asa from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr367.79 Million | -24.79% |
| 2024-12-31 | Nkr489.00 Million | +14.53% |
| 2023-12-31 | Nkr426.95 Million | +21.65% |
| 2022-12-31 | Nkr350.97 Million | +10.99% |
| 2021-12-31 | Nkr316.23 Million | +55.41% |
| 2020-12-31 | Nkr203.48 Million | -13.13% |
| 2019-12-31 | Nkr234.22 Million | -54.45% |
| 2018-12-31 | Nkr514.23 Million | -15.35% |
| 2017-12-31 | Nkr607.46 Million | -1.45% |
| 2016-12-31 | Nkr616.43 Million | -31.97% |
| 2015-12-31 | Nkr906.15 Million | +48.46% |
| 2014-12-31 | Nkr610.36 Million | +7.71% |
| 2013-12-31 | Nkr566.67 Million | -33.82% |
| 2012-12-31 | Nkr856.20 Million | +1.88% |
| 2011-12-31 | Nkr840.38 Million | +4.69% |
| 2010-12-31 | Nkr802.73 Million | -14.23% |
| 2009-12-31 | Nkr935.88 Million | -5.38% |
| 2008-12-31 | Nkr989.06 Million | +5.94% |
| 2007-12-31 | Nkr933.60 Million | +56.10% |
| 2006-12-31 | Nkr598.06 Million | +51.43% |
| 2005-12-31 | Nkr394.93 Million | +54.10% |
| 2004-12-31 | Nkr256.28 Million | +14.58% |
| 2003-12-31 | Nkr223.67 Million | +4.98% |
| 2002-12-31 | Nkr213.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nekkar 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr11.82 Million | 3.99% |
| Other Components | Nkr284.20 Million | 96.01% |
| Total Equity | Nkr296.02 Million | 100.00% |
Nekkar Asa Competitors by Market Cap
The table below lists competitors of Nekkar Asa ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TuHURA Biosciences Inc
NASDAQ:HURA
|
$57.62 Million |
|
Bright Scholar Education Holdings Ltd Class A
NYSE:BEDU
|
$57.66 Million |
|
UHT Unitech Co., Ltd.
TWO:6618
|
$57.70 Million |
|
Türk Traktör ve Ziraat Makineleri A.S
PINK:TTRKF
|
$57.71 Million |
|
Kestrel Group, Ltd.
NYSE:KG
|
$57.58 Million |
|
OXFORD METRICS LS-0025
F:RNI
|
$57.58 Million |
|
Pacific Petroleum Transportation JSC
VN:PVP
|
$57.55 Million |
|
Financeira Alfa S.A. - Crédito Financiamento e Investimentos
SA:CRIV3
|
$57.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nekkar Asa's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 489,000,000 to 296,020,000, a change of -192,980,000 (-39.5%).
- Net loss of 40,925,000 reduced equity.
- Dividend payments of 6,382,000 reduced retained earnings.
- Share repurchases of 64,266,000 reduced equity.
- New share issuances of 4,952,000 increased equity.
- Other factors decreased equity by 86,359,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-40.92 Million | -13.83% |
| Dividends Paid | Nkr6.38 Million | -2.16% |
| Share Repurchases | Nkr64.27 Million | -21.71% |
| Share Issuances | Nkr4.95 Million | +1.67% |
| Other Changes | Nkr-86.36 Million | -29.17% |
| Total Change | Nkr- | -39.46% |
Book Value vs Market Value Analysis
This analysis compares Nekkar 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: 4.33x
- 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 0.83x to 4.33x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Nkr15.64 | Nkr13.05 | x |
| 2003-12-31 | Nkr15.07 | Nkr13.05 | x |
| 2004-12-31 | Nkr17.05 | Nkr13.05 | x |
| 2005-12-31 | Nkr21.35 | Nkr13.05 | x |
| 2006-12-31 | Nkr28.73 | Nkr13.05 | x |
| 2007-12-31 | Nkr39.80 | Nkr13.05 | x |
| 2008-12-31 | Nkr38.28 | Nkr13.05 | x |
| 2009-12-31 | Nkr21.21 | Nkr13.05 | x |
| 2010-12-31 | Nkr11.15 | Nkr13.05 | x |
| 2011-12-31 | Nkr9.76 | Nkr13.05 | x |
| 2012-12-31 | Nkr8.37 | Nkr13.05 | x |
| 2013-12-31 | Nkr6.55 | Nkr13.05 | x |
| 2014-12-31 | Nkr7.06 | Nkr13.05 | x |
| 2015-12-31 | Nkr7.34 | Nkr13.05 | x |
| 2016-12-31 | Nkr5.46 | Nkr13.05 | x |
| 2017-12-31 | Nkr5.27 | Nkr13.05 | x |
| 2018-12-31 | Nkr4.11 | Nkr13.05 | x |
| 2019-12-31 | Nkr2.30 | Nkr13.05 | x |
| 2020-12-31 | Nkr1.76 | Nkr13.05 | x |
| 2021-12-31 | Nkr2.79 | Nkr13.05 | x |
| 2022-12-31 | Nkr3.11 | Nkr13.05 | x |
| 2023-12-31 | Nkr3.81 | Nkr13.05 | x |
| 2024-12-31 | Nkr4.66 | Nkr13.05 | x |
| 2025-12-31 | Nkr3.02 | Nkr13.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nekkar 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): -13.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.17%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 2.51x
- Recent ROE (-13.83%) is below the historical average (5.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 5.32% | 1.52% | 1.09x | 3.20x | Nkr-9.97 Million |
| 2003 | 0.29% | 0.11% | 0.86x | 3.24x | Nkr-21.71 Million |
| 2004 | 4.08% | 1.33% | 1.00x | 3.08x | Nkr-15.17 Million |
| 2005 | 10.19% | 3.50% | 0.97x | 2.99x | Nkr745.80K |
| 2006 | 10.11% | 3.79% | 0.98x | 2.73x | Nkr674.80K |
| 2007 | 8.47% | 3.21% | 0.79x | 3.32x | Nkr-14.32 Million |
| 2008 | 3.68% | 0.87% | 0.96x | 4.43x | Nkr-62.51 Million |
| 2009 | -26.55% | -6.50% | 1.04x | 3.94x | Nkr-342.07 Million |
| 2010 | -24.50% | -6.10% | 0.93x | 4.30x | Nkr-276.93 Million |
| 2011 | 2.72% | 0.65% | 1.00x | 4.20x | Nkr-61.14 Million |
| 2012 | 52.61% | 19.20% | 1.00x | 2.75x | Nkr364.80 Million |
| 2013 | -40.12% | -8.44% | 1.21x | 3.93x | Nkr-284.03 Million |
| 2014 | -3.57% | -0.89% | 1.02x | 3.95x | Nkr-82.86 Million |
| 2015 | -7.67% | -1.60% | 1.01x | 4.77x | Nkr-112.12 Million |
| 2016 | -1.58% | -3.68% | 0.09x | 4.61x | Nkr-54.65 Million |
| 2017 | -1.58% | -3.42% | 0.09x | 5.11x | Nkr-52.82 Million |
| 2018 | -0.51% | -0.83% | 0.09x | 6.75x | Nkr-37.61 Million |
| 2019 | 21.94% | 17.90% | 0.64x | 1.91x | Nkr25.97 Million |
| 2020 | 37.17% | 19.19% | 0.64x | 3.01x | Nkr50.43 Million |
| 2021 | 37.12% | 22.96% | 1.06x | 1.52x | Nkr80.53 Million |
| 2022 | 9.62% | 8.22% | 0.76x | 1.53x | Nkr-1.25 Million |
| 2023 | 20.09% | 14.13% | 0.96x | 1.49x | Nkr40.80 Million |
| 2024 | 17.59% | 13.78% | 0.76x | 1.67x | Nkr37.10 Million |
| 2025 | -13.83% | -7.17% | 0.77x | 2.51x | Nkr-70.53 Million |
Industry Comparison
This section compares Nekkar Asa's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $264,164,000
- Average return on equity (ROE) among peers: -34.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nekkar Asa (NKR) | Nkr296.02 Million | 5.32% | 1.51x | $57.62 Million |
| Integrated Wind Solutions AS (IWS) | $123.07 Million | -1.06% | 0.30x | $98.92 Million |
| Scana ASA (SCANA) | $405.26 Million | -68.00% | 2.80x | $49.95 Million |