Tekna Holding AS
Tekna Holding ASA engages in the development, manufacture, and sale of micron and nanopowders, and plasma process solutions in North America, Europe, Asia, and internationally. It offers spherical powders, such as titanium, nickel, and aluminum alloys, as well as tungsten and tantalum; and nanopowders, including nickel, silicon, and copper nanopowders, as well as boron nitride nanotubes for use i… Read more
Tekna Holding AS (TEKNA) - Net Assets
Latest net assets as of September 2025: Nkr17.91 Million NOK
Based on the latest financial reports, Tekna Holding AS (TEKNA) has net assets worth Nkr17.91 Million NOK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr64.81 Million) and total liabilities (Nkr46.90 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 | Nkr17.91 Million |
| % of Total Assets | 27.63% |
| Annual Growth Rate | 43.56% |
| 5-Year Change | 43.44% |
| 10-Year Change | N/A |
| Growth Volatility | 170.81 |
Tekna Holding AS - Net Assets Trend (2019–2024)
This chart illustrates how Tekna Holding 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 Tekna Holding AS (2019–2024)
The table below shows the annual net assets of Tekna Holding AS from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr26.54 Million | -32.90% |
| 2023-12-31 | Nkr39.55 Million | -26.79% |
| 2022-12-31 | Nkr54.02 Million | -29.20% |
| 2021-12-31 | Nkr76.30 Million | +312.43% |
| 2020-12-31 | Nkr18.50 Million | +325.39% |
| 2019-12-31 | Nkr4.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tekna Holding 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr497.26 Million | 1873.84% |
| Total Equity | Nkr26.54 Million | 100.00% |
Tekna Holding AS Competitors by Market Cap
The table below lists competitors of Tekna Holding AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MachTen Inc.
PINK:MACT
|
$12.00 Million |
|
Pivotree Inc.
PINK:PVTRF
|
$12.00 Million |
|
Soligenix Inc.
NASDAQ:SNGX
|
$12.00 Million |
|
Urban One
NASDAQ:UONE
|
$12.00 Million |
|
Warrix Sport PCL
BK:WARRIX
|
$11.99 Million |
|
Polyrizon Ltd. Ordinary Shares
NASDAQ:PLRZ
|
$11.99 Million |
|
YNH Property Bhd
KLSE:3158
|
$11.98 Million |
|
KLA-TENCOR - Dusseldorf Stock Exchang
DU:KLA
|
$11.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tekna Holding AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,551,000 to 26,537,000, a change of -13,014,000 (-32.9%).
- Net loss of 11,036,000 reduced equity.
- Other factors decreased equity by 1,978,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-11.04 Million | -41.59% |
| Other Changes | Nkr-1.98 Million | -7.45% |
| Total Change | Nkr- | -32.90% |
Book Value vs Market Value Analysis
This analysis compares Tekna Holding 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: 17.53x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 95.57x to 17.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Nkr0.04 | Nkr3.35 | x |
| 2020-12-31 | Nkr0.15 | Nkr3.35 | x |
| 2021-12-31 | Nkr0.61 | Nkr3.35 | x |
| 2022-12-31 | Nkr0.43 | Nkr3.35 | x |
| 2023-12-31 | Nkr0.32 | Nkr3.35 | x |
| 2024-12-31 | Nkr0.19 | Nkr3.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tekna Holding 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): -41.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -29.69%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.75x
- Recent ROE (-41.59%) is above the historical average (-56.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -169.79% | -36.06% | 0.44x | 10.69x | Nkr-7.82 Million |
| 2020 | -31.35% | -26.36% | 0.42x | 2.83x | Nkr-7.65 Million |
| 2021 | -17.96% | -51.12% | 0.29x | 1.22x | Nkr-21.33 Million |
| 2022 | -40.15% | -80.66% | 0.36x | 1.36x | Nkr-27.09 Million |
| 2023 | -36.47% | -35.27% | 0.54x | 1.93x | Nkr-18.38 Million |
| 2024 | -41.59% | -29.69% | 0.51x | 2.75x | Nkr-13.69 Million |
Industry Comparison
This section compares Tekna Holding AS's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $154,362,275
- Average return on equity (ROE) among peers: -10.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tekna Holding AS (TEKNA) | Nkr17.91 Million | -169.79% | 2.62x | $12.00 Million |
| Bergen Carbon Solutions A/S (BCS) | $308.66 Million | -17.50% | 0.09x | $12.44 Million |
| Everfuel AS (EFUEL) | $64.55K | -4.05% | 0.02x | $24.34 Million |