Nordic Technology Group A/S
Nordic Technology Group AS, together with its subsidiaries, operates as an industrial group. The company is involved in the sensor technology, nanomaterials technology, and clean technology business areas. It also offers multiphase flow metering solutions for the oil and gas industry; AquaField, a PVT-independent multiphase meter; wavetrain systems; and filtering water solutions. In addition, the… Read more
Nordic Technology Group A/S (NTG) - Net Assets
Latest net assets as of June 2025: Nkr287.23 Million NOK
Based on the latest financial reports, Nordic Technology Group A/S (NTG) has net assets worth Nkr287.23 Million NOK as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr424.29 Million) and total liabilities (Nkr137.06 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 | Nkr287.23 Million |
| % of Total Assets | 67.7% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 19.32 |
Nordic Technology Group A/S - Net Assets Trend (2021–2024)
This chart illustrates how Nordic Technology Group A/S's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nordic Technology Group A/S (2021–2024)
The table below shows the annual net assets of Nordic Technology Group A/S from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr251.34 Million | -55.72% |
| 2023-12-31 | Nkr567.61 Million | -17.07% |
| 2022-12-31 | Nkr684.45 Million | +31360.74% |
| 2021-12-31 | Nkr-2.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nordic Technology Group A/S'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 221393000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Nkr206.09 Million | 100.00% |
| Total Equity | Nkr206.09 Million | 100.00% |
Nordic Technology Group A/S Competitors by Market Cap
The table below lists competitors of Nordic Technology Group A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Italian-Thai Development Public Company Limited
PINK:ITHDF
|
$20.33 Million |
|
CK Solution
KO:480370
|
$20.33 Million |
|
iCRAFT Co. Ltd
KQ:052460
|
$20.34 Million |
|
iMBC Co.Ltd
KQ:052220
|
$20.34 Million |
|
Waton Financial Limited Ordinary Shares
NASDAQ:WTF
|
$20.31 Million |
|
VivoPower International PLC
NASDAQ:VVPR
|
$20.31 Million |
|
Midland Exploration Inc
PINK:MIDLF
|
$20.31 Million |
|
Smartiks Yazilim AS
IS:SMART
|
$20.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nordic Technology Group A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 523,314,000 to 206,089,000, a change of -317,225,000 (-60.6%).
- Net loss of 317,341,000 reduced equity.
- New share issuances of 51,972,000 increased equity.
- Other factors decreased equity by 51,856,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-317.34 Million | -153.98% |
| Share Issuances | Nkr51.97 Million | +25.22% |
| Other Changes | Nkr-51.86 Million | -25.16% |
| Total Change | Nkr- | -60.62% |
Book Value vs Market Value Analysis
This analysis compares Nordic Technology Group A/S'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: 0.62x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | Nkr-0.03 | Nkr1.80 | x |
| 2022-12-31 | Nkr9.05 | Nkr1.80 | x |
| 2023-12-31 | Nkr7.38 | Nkr1.80 | x |
| 2024-12-31 | Nkr2.91 | Nkr1.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nordic Technology Group A/S 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): -153.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -646.51%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.98x
- Recent ROE (-153.98%) is below the historical average (-64.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -16.83% | -668.87% | 0.02x | 1.24x | Nkr-172.13 Million |
| 2023 | -22.60% | -433.20% | 0.04x | 1.26x | Nkr-170.63 Million |
| 2024 | -153.98% | -646.51% | 0.12x | 1.98x | Nkr-337.95 Million |
Industry Comparison
This section compares Nordic Technology Group A/S's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $142,345,667
- Average return on equity (ROE) among peers: -65.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nordic Technology Group A/S (NTG) | Nkr287.23 Million | -16.83% | 0.48x | $20.32 Million |
| Inin Group A/S (ININ) | $181.99 Million | -78.49% | 5.04x | $16.82 Million |
| Next Biometrics Group ASA (NEXT) | $177.16 Million | -108.72% | 0.14x | $2.39 Million |
| Norbit ASA (NORBT) | $67.88 Million | -9.17% | 3.04x | $544.81 Million |