Skandia Greenpower AS
Skandia GreenPower AS, together with its subsidiaries, provides electricity and energy-saving services in Norway. The company offers its services under the SkandiaEnergi, SagaEnergi, Motkraft, and Elkompis brands. It also provides software under the Skandia Smarthus brand. Skandia GreenPower AS was incorporated in 2015 and is based in Kristiansand, Norway.
Skandia Greenpower AS (SKAND) - Net Assets
Latest net assets as of June 2025: Nkr100.65 Million NOK
Based on the latest financial reports, Skandia Greenpower AS (SKAND) has net assets worth Nkr100.65 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 (Nkr188.52 Million) and total liabilities (Nkr87.86 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 | Nkr100.65 Million |
| % of Total Assets | 53.39% |
| Annual Growth Rate | 18.81% |
| 5-Year Change | 238.45% |
| 10-Year Change | N/A |
| Growth Volatility | 232.94 |
Skandia Greenpower AS - Net Assets Trend (2017–2024)
This chart illustrates how Skandia Greenpower AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Skandia Greenpower AS (2017–2024)
The table below shows the annual net assets of Skandia Greenpower AS from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr96.62 Million | +548.77% |
| 2023-12-31 | Nkr14.89 Million | -22.99% |
| 2022-12-31 | Nkr19.34 Million | -86.95% |
| 2021-12-31 | Nkr148.16 Million | +419.00% |
| 2020-12-31 | Nkr28.55 Million | +49.23% |
| 2019-12-31 | Nkr19.13 Million | -13.60% |
| 2018-12-31 | Nkr22.14 Million | -23.41% |
| 2017-12-31 | Nkr28.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Skandia Greenpower 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 decreased by 16123614500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr6.01 Million | 6.22% |
| Other Components | Nkr263.53 Million | 272.75% |
| Total Equity | Nkr96.62 Million | 100.00% |
Skandia Greenpower AS Competitors by Market Cap
The table below lists competitors of Skandia Greenpower AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mineralrite Corporat
PINK:RITE
|
$8.24 Million |
|
Greenland Acquisition Corp
NASDAQ:GTEC
|
$8.24 Million |
|
Orange Electronic Co., Ltd.
TWO:4554
|
$8.24 Million |
|
JOSAPAR Joaquim Oliveira S.A. Participações
SA:JOPA3
|
$8.24 Million |
|
Ashima Limited
NSE:ASHIMASYN
|
$8.23 Million |
|
Ebusco Holding N.V.
F:8J30
|
$8.23 Million |
|
Logistic Properties of the Americas
NYSE MKT:LPA
|
$8.23 Million |
|
Magle Chemoswed Holding Ab
ST:MAGLE
|
$8.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Skandia Greenpower AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,892,530 to 96,618,720, a change of 81,726,190 (548.8%).
- Net income of 13,570,190 contributed positively to equity growth.
- Share repurchases of 68,156,000 reduced equity.
- Other factors increased equity by 136,312,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr13.57 Million | +14.05% |
| Share Repurchases | Nkr68.16 Million | -70.54% |
| Other Changes | Nkr136.31 Million | +141.08% |
| Total Change | Nkr- | 548.77% |
Book Value vs Market Value Analysis
This analysis compares Skandia Greenpower 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: 1.99x
- 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 0.91x to 1.99x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | Nkr1.76 | Nkr1.60 | x |
| 2018-12-31 | Nkr1.34 | Nkr1.60 | x |
| 2019-12-31 | Nkr1.16 | Nkr1.60 | x |
| 2020-12-31 | Nkr1.74 | Nkr1.60 | x |
| 2021-12-31 | Nkr9.01 | Nkr1.60 | x |
| 2022-12-31 | Nkr1.18 | Nkr1.60 | x |
| 2023-12-31 | Nkr0.26 | Nkr1.60 | x |
| 2024-12-31 | Nkr0.80 | Nkr1.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Skandia Greenpower 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): 14.05%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.44%
- • Asset Turnover: 1.22x
- • Equity Multiplier: 2.60x
- Recent ROE (14.05%) is above the historical average (-104.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -22.28% | -9.19% | 1.29x | 1.88x | Nkr-9.33 Million |
| 2018 | -30.15% | -3.64% | 1.72x | 4.82x | Nkr-8.88 Million |
| 2019 | -15.66% | -1.28% | 2.23x | 5.49x | Nkr-4.91 Million |
| 2020 | -15.66% | -4.54% | 1.30x | 2.65x | Nkr-7.33 Million |
| 2021 | -12.55% | -5.54% | 1.03x | 2.20x | Nkr-33.41 Million |
| 2022 | -660.51% | -23.16% | 2.12x | 13.42x | Nkr-129.66 Million |
| 2023 | -92.68% | -5.62% | 1.63x | 10.09x | Nkr-15.29 Million |
| 2024 | 14.05% | 4.44% | 1.22x | 2.60x | Nkr3.91 Million |
Industry Comparison
This section compares Skandia Greenpower AS's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $2,149,854,660
- Average return on equity (ROE) among peers: -12.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Skandia Greenpower AS (SKAND) | Nkr100.65 Million | -22.28% | 0.87x | $8.24 Million |
| Aega ASA (AEGA) | $8.66 Million | -22.80% | 1.80x | $402.90K |
| Cloudberry Clean Energy As (CLOUD) | $5.43 Billion | 1.12% | 0.74x | $221.08 Million |
| EAM Solar ASA (EAM) | $9.67 Million | -1.79% | 0.73x | $2.52 Million |
| Eqva ASA (EQVA) | $-114.66 Million | 0.00% | 0.00x | $8.18 Million |
| Magnora ASA (MGN) | $5.87 Billion | -14.16% | 1.32x | $81.76 Million |
| MPC Energy Solutions NV (MPCES) | $75.18 Million | -7.47% | 0.72x | $25.09 Million |
| Nordic Financials ASA (NOFIN) | $99.67 Million | -22.80% | 1.80x | $1.70K |
| Norsk Solar AS (NSOL) | $160.38 Million | -21.63% | 0.34x | $384.61K |
| Ocean Sun As (OSUN) | $45.17 Million | -41.32% | 0.17x | $1.30 Million |
| Scatec Solar OL (SCATC) | $9.92 Billion | 3.91% | 2.33x | $1.59 Billion |