REC Silicon ASA Net Assets

Latest as of December 2025: Nkr-440.50 Million NOK ≈ $-46.35 Million USD

REC Silicon ASA net assets. Based on the latest financial reports, REC Silicon ASA (RECSI) has net assets worth Nkr-440.50 Million NOK (≈ $-46.35 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 (Nkr141.80 Million ≈ $14.92 Million USD) and total liabilities (Nkr582.30 Million ≈ $61.27 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 REC Silicon ASA annual equity growth to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Nkr-440.50 Million
% of Total Assets	-310.65%
Annual Growth Rate	N/A
5-Year Change	-1422.82%
10-Year Change	-156.33%
Growth Volatility	1528.94

Net Assets of REC Silicon ASA (2002–2025)

Net assets of REC Silicon ASA from 2002 to 2025. This chart illustrates how REC Silicon ASA's net assets have evolved over time, based on quarterly financial data. See REC Silicon ASA balance sheet quality to measure how much of total assets are equity-financed.

Annual Net Assets for REC Silicon ASA (2002–2025)

The table below shows the annual net assets of REC Silicon ASA from 2002 to 2025. For live market cap and overall valuation, see market value of REC Silicon ASA.

Year	Net Assets	Change
2025-12-31	Nkr-440.50 Million ≈ $-46.35 Million	-16.50%
2024-12-31	Nkr-378.10 Million ≈ $-39.79 Million	-594.90%
2023-12-31	Nkr76.40 Million ≈ $8.04 Million	+26.49%
2022-12-31	Nkr60.40 Million ≈ $6.36 Million	+81.38%
2021-12-31	Nkr33.30 Million ≈ $3.50 Million	-43.56%
2020-12-31	Nkr59.00 Million ≈ $6.21 Million	+7275.00%
2019-12-31	Nkr800.00K ≈ $84.18K	-99.25%
2018-12-31	Nkr106.70 Million ≈ $11.23 Million	-76.23%
2017-12-31	Nkr448.90 Million ≈ $47.24 Million	-42.60%
2016-12-31	Nkr782.00 Million ≈ $82.29 Million	-15.09%
2015-12-31	Nkr921.00 Million ≈ $96.92 Million	-12.65%
2014-12-31	Nkr1.05 Billion ≈ $110.95 Million	+10.26%
2013-12-31	Nkr956.32 Million ≈ $100.63 Million	-25.17%
2012-12-31	Nkr1.28 Billion ≈ $134.48 Million	-37.44%
2011-12-31	Nkr2.04 Billion ≈ $214.94 Million	-45.79%
2010-12-31	Nkr3.77 Billion ≈ $396.49 Million	+29.13%
2009-12-31	Nkr2.92 Billion ≈ $307.05 Million	+23.22%
2008-12-31	Nkr2.37 Billion ≈ $249.18 Million	+9.61%
2007-12-31	Nkr2.16 Billion ≈ $227.34 Million	+26.44%
2006-12-31	Nkr1.71 Billion ≈ $179.80 Million	+836.18%
2005-12-31	Nkr182.52 Million ≈ $19.21 Million	+13.94%
2004-12-31	Nkr160.19 Million ≈ $16.86 Million	+105.53%
2003-12-31	Nkr77.94 Million ≈ $8.20 Million	+139.20%
2002-12-31	Nkr32.58 Million ≈ $3.43 Million	--

Equity Component Analysis

This analysis shows how different components contribute to REC Silicon 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 grown by 1193946860.0% over the analyzed period, indicating profitable operations and earnings retention.

REC Silicon ASA Net Assets Breakdown (December 2025)

REC Silicon ASA net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Common Stock	Nkr3.03 Billion	%
Total Equity	Nkr-440.60 Million	100.00%

REC Silicon ASA Competitors by Market Cap

The table below lists competitors of REC Silicon ASA ranked by their market capitalization.

Company	Market Cap
Suryalakshmi Cotton Mills Limited NSE:SURYALAXMI	$10.19 Million
Dare Bioscience Inc NASDAQ:DARE	$10.19 Million
The House of Agriculture Spiroy S.A. AT:SPIR	$10.20 Million
Medicus Pharma Ltd. Common Stock NASDAQ:MDCX	$10.20 Million
ABM Fujiya Bhd KLSE:5198	$10.17 Million
EZZ Life Science Holdings Ltd AU:EZZ	$10.15 Million
Thai Poly Acrylic Public Company Limited BK:TPA	$10.15 Million
Prairie Provident Resources Inc TO:PPR	$10.15 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in REC Silicon ASA's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from -378,100,000 to -440,600,000, a change of -62,500,000.
Net loss of 63,000,000 reduced equity.
Other comprehensive income decreased equity by 573,199,999.
Other factors increased equity by 573,699,999.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Nkr-63.00 Million	-14.3%
Other Comprehensive Income	Nkr-573.20 Million	-130.1%
Other Changes	Nkr573.70 Million	+130.21%
Total Change	Nkr-	%

Book Value vs Market Value Analysis

This analysis compares REC Silicon 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

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2002-12-31	Nkr0.90	Nkr0.23	x
2003-12-31	Nkr1.74	Nkr0.23	x
2004-12-31	Nkr3.61	Nkr0.23	x
2005-12-31	Nkr3.87	Nkr0.23	x
2006-12-31	Nkr24.66	Nkr0.23	x
2007-12-31	Nkr27.94	Nkr0.23	x
2008-12-31	Nkr30.60	Nkr0.23	x
2009-12-31	Nkr34.73	Nkr0.23	x
2010-12-31	Nkr35.55	Nkr0.23	x
2011-12-31	Nkr14.46	Nkr0.23	x
2012-12-31	Nkr7.75	Nkr0.23	x
2013-12-31	Nkr4.13	Nkr0.23	x
2014-12-31	Nkr4.56	Nkr0.23	x
2015-12-31	Nkr3.81	Nkr0.23	x
2016-12-31	Nkr3.07	Nkr0.23	x
2017-12-31	Nkr1.76	Nkr0.23	x
2018-12-31	Nkr0.42	Nkr0.23	x
2019-12-31	Nkr0.00	Nkr0.23	x
2020-12-31	Nkr0.20	Nkr0.23	x
2021-12-31	Nkr0.09	Nkr0.23	x
2022-12-31	Nkr0.14	Nkr0.23	x
2023-12-31	Nkr0.18	Nkr0.23	x
2024-12-31	Nkr-0.90	Nkr0.23	x
2025-12-31	Nkr-1.05	Nkr0.23	x

Capital Efficiency Dashboard

This dashboard shows how efficiently REC Silicon 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): 0.00%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -80.56%
• Asset Turnover: 0.55x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is above the historical average (-701.51%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	-62.00%	-1742.88%	0.02x	1.93x	Nkr-21.37 Million
2003	-35.83%	-46.11%	0.20x	3.87x	Nkr-26.31 Million
2004	-5.50%	-3.39%	0.70x	2.32x	Nkr-22.31 Million
2005	0.32%	0.16%	0.40x	4.93x	Nkr-17.67 Million
2006	4.31%	10.58%	0.29x	1.39x	Nkr-97.24 Million
2007	11.34%	20.07%	0.37x	1.53x	Nkr28.97 Million
2008	18.56%	37.41%	0.27x	1.83x	Nkr202.63 Million
2009	-13.88%	-25.63%	0.27x	2.02x	Nkr-696.80 Million
2010	4.46%	7.18%	0.37x	1.66x	Nkr-208.56 Million
2011	-82.27%	-75.04%	0.55x	2.01x	Nkr-1.88 Billion
2012	-84.47%	-84.35%	0.52x	1.93x	Nkr-1.21 Billion
2013	-35.64%	-84.51%	0.26x	1.59x	Nkr-436.50 Million
2014	20.18%	43.16%	0.33x	1.40x	Nkr107.36 Million
2015	-6.80%	-18.98%	0.27x	1.34x	Nkr-154.70 Million
2016	-18.85%	-54.35%	0.25x	1.37x	Nkr-225.60 Million
2017	-81.76%	-134.73%	0.34x	1.78x	Nkr-411.89 Million
2018	-320.15%	-154.43%	0.62x	3.35x	Nkr-352.27 Million
2019	-15875.00%	-79.28%	0.55x	363.25x	Nkr-127.08 Million
2020	-79.15%	-38.25%	0.36x	5.79x	Nkr-52.60 Million
2021	-90.39%	-21.02%	0.49x	8.86x	Nkr-33.43 Million
2022	-143.71%	-58.73%	0.46x	5.30x	Nkr-92.84 Million
2023	39.92%	21.62%	0.26x	7.24x	Nkr22.86 Million
2024	0.00%	-324.86%	0.82x	0.00x	Nkr-419.59 Million
2025	0.00%	-80.56%	0.55x	0.00x	Nkr-18.94 Million

Industry Comparison

This section compares REC Silicon ASA's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.

No peer company data available for comparison.

About REC Silicon ASA

OL:RECSI Norway Semiconductor Equipment & Materials

Market Cap

$10.18 Million

Nkr96.74 Million NOK

Market Cap Rank

#26905 Global

#244 in Norway

Share Price

Nkr0.23

Change (1 day)

+0.00%

52-Week Range

Nkr0.23 - Nkr1.31

All Time High

Nkr24.50