Norsk Titanium AS (NTI) - Net Assets
Based on the latest financial reports, Norsk Titanium AS (NTI) has net assets worth Nkr22.96 Million NOK (≈ $2.42 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 (Nkr37.04 Million ≈ $3.90 Million USD) and total liabilities (Nkr14.08 Million ≈ $1.48 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 NTI tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr22.96 Million |
| % of Total Assets | 61.99% |
| Annual Growth Rate | N/A |
| 5-Year Change | -32.67% |
| 10-Year Change | N/A |
| Growth Volatility | 33.77 |
Norsk Titanium AS - Net Assets Trend (2018–2025)
This chart illustrates how Norsk Titanium AS's net assets have evolved over time, based on quarterly financial data. See NTI days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Norsk Titanium AS (2018–2025)
The table below shows the annual net assets of Norsk Titanium AS from 2018 to 2025. For live valuation and market cap data, see NTI market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr22.96 Million ≈ $2.42 Million |
-25.46% |
| 2024-12-31 | Nkr30.80 Million ≈ $3.24 Million |
+3105.17% |
| 2023-12-31 | Nkr-1.02 Million ≈ $-107.86K |
-105.88% |
| 2022-12-31 | Nkr17.42 Million ≈ $1.83 Million |
-48.92% |
| 2021-12-31 | Nkr34.10 Million ≈ $3.59 Million |
+142.35% |
| 2020-12-31 | Nkr-80.52 Million ≈ $-8.47 Million |
-117.31% |
| 2019-12-31 | Nkr-37.05 Million ≈ $-3.90 Million |
-1782.77% |
| 2018-12-31 | Nkr-1.97 Million ≈ $-207.09K |
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Equity Component Analysis
This analysis shows how different components contribute to Norsk Titanium 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 9546400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Nkr22.96 Million | 100.00% |
| Total Equity | Nkr22.96 Million | 100.00% |
Norsk Titanium AS Competitors by Market Cap
The table below lists competitors of Norsk Titanium AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maiden Holdings Ltd
NASDAQ:MHLD
|
$114.64 Million |
|
NH All One REIT Co Ltd
KO:400760
|
$114.65 Million |
|
Caravel Minerals Ltd
AU:CVV
|
$114.65 Million |
|
Winchester Bancorp, Inc. Common Stock
NASDAQ:WSBK
|
$114.70 Million |
|
CF Acquisition VII Corp
NASDAQ:CFFS
|
$114.61 Million |
|
Greenland Energy Company Common Stock
NASDAQ:GLND
|
$114.57 Million |
|
Ayes Celik Hasir ve Cit Sanayi AS
IS:AYES
|
$114.56 Million |
|
CONDOR ENERGIES INC.
F:WQ6
|
$114.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Norsk Titanium AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 30,803,000 to 22,960,000, a change of -7,843,000 (-25.5%).
- Net loss of 55,924,000 reduced equity.
- New share issuances of 22,048,000 increased equity.
- Other factors increased equity by 26,033,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-55.92 Million | -243.57% |
| Share Issuances | Nkr22.05 Million | +96.03% |
| Other Changes | Nkr26.03 Million | +113.38% |
| Total Change | Nkr- | -25.46% |
Book Value vs Market Value Analysis
This analysis compares Norsk Titanium 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: 47.44x
- 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 |
|---|---|---|---|
| 2018-12-31 | Nkr-0.01 | Nkr1.06 | x |
| 2019-12-31 | Nkr-0.18 | Nkr1.06 | x |
| 2020-12-31 | Nkr-0.38 | Nkr1.06 | x |
| 2021-12-31 | Nkr0.16 | Nkr1.06 | x |
| 2022-12-31 | Nkr0.07 | Nkr1.06 | x |
| 2023-12-31 | Nkr0.00 | Nkr1.06 | x |
| 2024-12-31 | Nkr0.04 | Nkr1.06 | x |
| 2025-12-31 | Nkr0.02 | Nkr1.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Norsk Titanium 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): -243.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1616.77%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.61x
- Recent ROE (-243.57%) is below the historical average (-51.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -7894.58% | 0.01x | 0.00x | Nkr-31.86 Million |
| 2019 | 0.00% | -10888.99% | 0.01x | 0.00x | Nkr-32.88 Million |
| 2020 | 0.00% | -12015.69% | 0.02x | 0.00x | Nkr-34.84 Million |
| 2021 | -46.90% | -1262.27% | 0.03x | 1.23x | Nkr-19.40 Million |
| 2022 | -53.81% | -934.40% | 0.04x | 1.52x | Nkr-11.11 Million |
| 2023 | 0.00% | -1210.94% | 0.13x | 0.00x | Nkr-26.57 Million |
| 2024 | -68.07% | -468.14% | 0.11x | 1.28x | Nkr-24.05 Million |
| 2025 | -243.57% | -1616.77% | 0.09x | 1.61x | Nkr-58.22 Million |
Industry Comparison
This section compares Norsk Titanium AS's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $992,690,500
- Average return on equity (ROE) among peers: 36.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Norsk Titanium AS (NTI) | Nkr22.96 Million | 0.00% | 0.61x | $114.61 Million |
| Kongsberg Gruppen ASA (KOG) | $1.89 Billion | 30.99% | 5.57x | $27.21 Billion |
| Philly Shipyard ASA (PHLY) | $91.38 Million | 42.30% | 3.47x | $5.48 Million |
About Norsk Titanium AS
Norsk Titanium AS, together with its subsidiaries, engages in 3D printing of metal alloys for commercial aerospace, defense, and industrial manufacturers in Europe and the United States. The company offers aerospace-grade, 3D-printed, structural titanium parts through its Rapid Plasma Deposition technology. It also provides value-added parts. The company was founded in 2007 and is headquartered i… Read more