River Tech plc (RIVER) - Net Assets
Based on the latest financial reports, River Tech plc (RIVER) has net assets worth Nkr9.02 Million NOK (≈ $949.41K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr11.07 Million ≈ $1.16 Million USD) and total liabilities (Nkr2.04 Million ≈ $215.06K 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 how resilient are River Tech plc's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr9.02 Million |
| % of Total Assets | 81.53% |
| Annual Growth Rate | 174.04% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 51295.82 |
River Tech plc - Net Assets Trend (2017–2024)
This chart illustrates how River Tech plc's net assets have evolved over time, based on quarterly financial data. Also explore River Tech plc total assets for the complete picture of this company's asset base.
Annual Net Assets for River Tech plc (2017–2024)
The table below shows the annual net assets of River Tech plc from 2017 to 2024. For live valuation and market cap data, see River Tech plc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr11.16 Million ≈ $1.17 Million |
-18.27% |
| 2023-12-31 | Nkr13.65 Million ≈ $1.44 Million |
+160.86% |
| 2022-12-31 | Nkr5.23 Million ≈ $550.76K |
+320.47% |
| 2021-12-31 | Nkr-2.37 Million ≈ $-249.82K |
+80.85% |
| 2020-12-31 | Nkr-12.40 Million ≈ $-1.30 Million |
+4.02% |
| 2019-12-31 | Nkr-12.92 Million ≈ $-1.36 Million |
-213.43% |
| 2018-12-31 | Nkr11.39 Million ≈ $1.20 Million |
+118438.62% |
| 2017-12-31 | Nkr9.61K ≈ $1.01K |
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Equity Component Analysis
This analysis shows how different components contribute to River Tech plc'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 468925800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr4.51 Million | 40.41% |
| Common Stock | Nkr102.76K | 0.92% |
| Other Comprehensive Income | Nkr3.24 Million | 29.02% |
| Other Components | Nkr3.31 Million | 29.66% |
| Total Equity | Nkr11.16 Million | 100.00% |
River Tech plc Competitors by Market Cap
The table below lists competitors of River Tech plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SpectraCure AB
ST:SPEC
|
$3.03 Million |
|
Scout Gaming Group AB
ST:SCOUT
|
$3.03 Million |
|
Fon SE
WAR:FON
|
$3.03 Million |
|
CLOCKCHAIN AG INH O.N.
F:U1DA
|
$3.03 Million |
|
City Office
NYSE:CIO
|
$3.03 Million |
|
Kumho Industrial Co Ltd
KO:002995
|
$3.02 Million |
|
Engineer Gold Mines Ltd
V:EAU
|
$3.02 Million |
|
Vaxtex Cotfab Limited
NSE:VCL
|
$3.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in River Tech plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,653,352 to 11,159,031, a change of -2,494,321 (-18.3%).
- Net income of 6,365,875 contributed positively to equity growth.
- Dividend payments of 8,859,260 reduced retained earnings.
- Other comprehensive income decreased equity by 936.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr6.37 Million | +57.05% |
| Dividends Paid | Nkr8.86 Million | -79.39% |
| Other Comprehensive Income | Nkr-936.00 | -0.01% |
| Total Change | Nkr- | -18.27% |
Book Value vs Market Value Analysis
This analysis compares River Tech plc'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: 2.58x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.83x to 2.58x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Nkr0.77 | Nkr1.40 | x |
| 2019-12-31 | Nkr-0.68 | Nkr1.40 | x |
| 2020-12-31 | Nkr-0.65 | Nkr1.40 | x |
| 2021-12-31 | Nkr-0.12 | Nkr1.40 | x |
| 2022-12-31 | Nkr0.26 | Nkr1.40 | x |
| 2023-12-31 | Nkr0.66 | Nkr1.40 | x |
| 2024-12-31 | Nkr0.54 | Nkr1.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently River Tech plc 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): 57.05%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 43.51%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 1.24x
- Recent ROE (57.05%) is above the historical average (29.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -51.74% | -281.82% | 0.09x | 2.05x | Nkr-7.03 Million |
| 2019 | 0.00% | -322.51% | 0.56x | 0.00x | Nkr-24.31 Million |
| 2020 | 0.00% | 7.15% | 0.81x | 0.00x | Nkr1.77 Million |
| 2021 | 0.00% | 41.42% | 1.16x | 0.00x | Nkr4.67 Million |
| 2022 | 141.84% | 53.02% | 1.19x | 2.26x | Nkr6.90 Million |
| 2023 | 61.67% | 54.75% | 0.94x | 1.20x | Nkr7.05 Million |
| 2024 | 57.05% | 43.51% | 1.06x | 1.24x | Nkr5.25 Million |
Industry Comparison
This section compares River Tech plc's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $605,731,143
- Average return on equity (ROE) among peers: 29.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| River Tech plc (RIVER) | Nkr9.02 Million | -51.74% | 0.23x | $3.03 Million |
| Arribatec Solutions ASA (ARR) | $262.46 Million | -8.78% | 0.91x | $55.37 Million |
| Atea ASA (ATEA) | $2.10 Billion | 20.14% | 2.20x | $1.83 Billion |
| Bouvet (BOUV) | $423.99 Million | 84.59% | 3.08x | $560.15 Million |
| Crayon Group Holding ASA (CRAYN) | $363.94 Million | -15.68% | 5.62x | $1.35 Billion |
| Itera ASA (ITERA) | $47.89 Million | 118.38% | 5.23x | $60.02 Million |
| Spir Group ASA (SPIR) | $704.79 Million | -1.23% | 1.27x | $119.48 Million |
| Webstep ASA (WSTEP) | $336.64 Million | 10.86% | 0.66x | $52.90 Million |
About River Tech plc
River Tech p.l.c., a technology company, provides software solutions. The company offers B2B technology products, as well as secure and tailormade solutions for the delivery of services in the online sphere. It engages in the licensing of a remote gaming software; and provision of IT and infrastructure support, management and consultancy, and maintenance and support services. The company was inco… Read more