Skandia Greenpower AS (SKAND) - Net Assets
Based on the latest financial reports, Skandia Greenpower AS (SKAND) has net assets worth Nkr97.46 Million NOK (≈ $10.26 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 (Nkr287.27 Million ≈ $30.23 Million USD) and total liabilities (Nkr189.81 Million ≈ $19.97 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 Skandia Greenpower AS asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr97.46 Million |
| % of Total Assets | 33.93% |
| Annual Growth Rate | 16.41% |
| 5-Year Change | -34.22% |
| 10-Year Change | N/A |
| Growth Volatility | 221.68 |
Skandia Greenpower AS - Net Assets Trend (2017–2025)
This chart illustrates how Skandia Greenpower AS's net assets have evolved over time, based on quarterly financial data. Check SKAND goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Skandia Greenpower AS (2017–2025)
The table below shows the annual net assets of Skandia Greenpower AS from 2017 to 2025. For live valuation and market cap data, see Skandia Greenpower AS (SKAND) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr97.46 Million ≈ $10.26 Million |
+0.87% |
| 2024-12-31 | Nkr96.62 Million ≈ $10.17 Million |
+548.77% |
| 2023-12-31 | Nkr14.89 Million ≈ $1.57 Million |
-22.99% |
| 2022-12-31 | Nkr19.34 Million ≈ $2.03 Million |
-86.95% |
| 2021-12-31 | Nkr148.16 Million ≈ $15.59 Million |
+419.00% |
| 2020-12-31 | Nkr28.55 Million ≈ $3.00 Million |
+49.23% |
| 2019-12-31 | Nkr19.13 Million ≈ $2.01 Million |
-13.60% |
| 2018-12-31 | Nkr22.14 Million ≈ $2.33 Million |
-23.41% |
| 2017-12-31 | Nkr28.91 Million ≈ $3.04 Million |
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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 15345399900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Nkr262.60 Million | 269.44% |
| Total Equity | Nkr97.46 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 |
|---|---|
|
Intelligent Protection Management Corp
NASDAQ:IPM
|
$16.35 Million |
|
Safestore Holdings Plc
LSE:SAFE
|
$16.36 Million |
|
Blackwall Ltd
AU:BWF
|
$16.36 Million |
|
Memphasys Ltd
AU:MEM
|
$16.38 Million |
|
Grand House Mulia Pt
JK:HOMI
|
$16.34 Million |
|
Starbreeze AB (publ)
ST:STAR-B
|
$16.33 Million |
|
Shinhwa Contech Co. Ltd
KQ:187270
|
$16.33 Million |
|
Ashmore Group Plc
LSE:ASHM
|
$16.33 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 2024 to 2025, total equity changed from 96,618,720 to 97,461,197, a change of 842,477 (0.9%).
- Net income of 10,164,560 contributed positively to equity growth.
- Dividend payments of 2,389,310 reduced retained earnings.
- Share repurchases of 1,396,863 reduced equity.
- Other factors decreased equity by 5,535,910.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr10.16 Million | +10.43% |
| Dividends Paid | Nkr2.39 Million | -2.45% |
| Share Repurchases | Nkr1.40 Million | -1.43% |
| Other Changes | Nkr-5.54 Million | -5.68% |
| Total Change | Nkr- | 0.87% |
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: 1.59x
- 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 0.74x to 1.59x 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 | Nkr1.30 | x |
| 2018-12-31 | Nkr1.34 | Nkr1.30 | x |
| 2019-12-31 | Nkr1.16 | Nkr1.30 | x |
| 2020-12-31 | Nkr1.74 | Nkr1.30 | x |
| 2021-12-31 | Nkr9.01 | Nkr1.30 | x |
| 2022-12-31 | Nkr1.18 | Nkr1.30 | x |
| 2023-12-31 | Nkr0.26 | Nkr1.30 | x |
| 2024-12-31 | Nkr0.80 | Nkr1.30 | x |
| 2025-12-31 | Nkr0.82 | Nkr1.30 | 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): 10.43%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.89%
- • Asset Turnover: 1.87x
- • Equity Multiplier: 2.95x
- Recent ROE (10.43%) is above the historical average (-91.67%), 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 |
| 2025 | 10.43% | 1.89% | 1.87x | 2.95x | Nkr418.44K |
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: $1,671,954,265
- Average return on equity (ROE) among peers: -18.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Skandia Greenpower AS (SKAND) | Nkr97.46 Million | -22.28% | 1.95x | $16.34 Million |
| Aker Horizons AS (AKH) | $2.33 Billion | -13.71% | 12.46x | $915.32K |
| Cloudberry Clean Energy As (CLOUD) | $-562.19K | 0.00% | 0.00x | $461.88 Million |
| EAM Solar ASA (EAM) | $48.22 Million | -3.37% | 1.30x | $3.97 Million |
| Eqva ASA (EQVA) | $290.42 Million | -8.17% | 1.30x | $27.77 Million |
| Magnora ASA (MGN) | $9.10 Million | -79.96% | 0.60x | $234.94 Million |
| MPC Energy Solutions NV (MPCES) | $50.23 Million | -34.77% | 1.46x | $31.02 Million |
| Ocean Sun As (OSUN) | $81.22 Million | -23.10% | 0.08x | $2.44 Million |
| Scatec Solar OL (SCATC) | $10.57 Billion | 12.38% | 2.95x | $1.54 Billion |
About Skandia Greenpower AS
Skandia GreenPower AS, together with its subsidiaries, provides electricity and energy-saving services in Norway. It offers services under the SkandiaEnergi, SagaEnergi, Motkraft, and Elkompis brands. The company also provides software under the Skandia Smarthus brand. Skandia GreenPower AS was incorporated in 2015 and is based in Kristiansand, Norway.