VEND MARKETPLACES ASA
Vend Marketplaces ASA, together with its subsidiaries, develops and operates various marketplaces in Sweden, Norway, Denmark, Finland, and Poland. The company operates through Mobility, Real Estate, Jobs, and Recommerce segments. Its marketplaces operations comprise online classified operations through FINN.no, blocket.se, tori.fi and oikotie.fi, and bilbasen.dk and dba.dk. These marketplaces ope… Read more
VEND MARKETPLACES ASA (VEND) - Net Assets
Latest net assets as of December 2025: Nkr24.52 Billion NOK
Based on the latest financial reports, VEND MARKETPLACES ASA (VEND) has net assets worth Nkr24.52 Billion NOK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr30.88 Billion) and total liabilities (Nkr6.36 Billion). 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 | Nkr24.52 Billion |
| % of Total Assets | 79.39% |
| Annual Growth Rate | 10.61% |
| 5-Year Change | -51.48% |
| 10-Year Change | 132.64% |
| Growth Volatility | 50.26 |
VEND MARKETPLACES ASA - Net Assets Trend (2001–2025)
This chart illustrates how VEND MARKETPLACES ASA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for VEND MARKETPLACES ASA (2001–2025)
The table below shows the annual net assets of VEND MARKETPLACES ASA from 2001 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr24.52 Billion | -24.56% |
| 2024-12-31 | Nkr32.50 Billion | -23.39% |
| 2023-12-31 | Nkr42.43 Billion | +48.00% |
| 2022-12-31 | Nkr28.67 Billion | -43.27% |
| 2021-12-31 | Nkr50.53 Billion | +218.76% |
| 2020-12-31 | Nkr15.85 Billion | -6.09% |
| 2019-12-31 | Nkr16.88 Billion | +15.04% |
| 2018-12-31 | Nkr14.67 Billion | -2.52% |
| 2017-12-31 | Nkr15.05 Billion | +42.83% |
| 2016-12-31 | Nkr10.54 Billion | -4.96% |
| 2015-12-31 | Nkr11.09 Billion | +63.33% |
| 2014-12-31 | Nkr6.79 Billion | -10.49% |
| 2013-12-31 | Nkr7.59 Billion | +24.18% |
| 2012-12-31 | Nkr6.11 Billion | -5.73% |
| 2011-12-31 | Nkr6.48 Billion | -7.51% |
| 2010-12-31 | Nkr7.01 Billion | +32.84% |
| 2009-12-31 | Nkr5.27 Billion | +40.98% |
| 2008-12-31 | Nkr3.74 Billion | -24.62% |
| 2007-12-31 | Nkr4.96 Billion | -3.99% |
| 2006-12-31 | Nkr5.17 Billion | +60.48% |
| 2005-12-31 | Nkr3.22 Billion | +32.50% |
| 2004-12-31 | Nkr2.43 Billion | -3.91% |
| 2003-12-31 | Nkr2.53 Billion | +15.95% |
| 2002-12-31 | Nkr2.18 Billion | 0.00% |
| 2001-12-31 | Nkr2.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to VEND MARKETPLACES 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr9.66 Billion | 39.39% |
| Other Components | Nkr14.86 Billion | 60.61% |
| Total Equity | Nkr24.52 Billion | 100.00% |
VEND MARKETPLACES ASA Competitors by Market Cap
The table below lists competitors of VEND MARKETPLACES ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Topicus.com Inc
PINK:TOITF
|
$4.09 Billion |
|
United Spirits Limited
NSE:MCDOWELL-N
|
$4.09 Billion |
|
Zhen Ding Technology Holding Ltd
TW:4958
|
$4.09 Billion |
|
Itron Inc
NASDAQ:ITRI
|
$4.09 Billion |
|
GUNMA BK LTD
F:5F0
|
$4.09 Billion |
|
Jyske Bank A/S
PINK:JYSKF
|
$4.09 Billion |
|
Nordnet AB
ST:SAVE
|
$4.09 Billion |
|
The Macerich Company
F:M6G
|
$4.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VEND MARKETPLACES ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 32,485,000,000 to 24,520,000,000, a change of -7,965,000,000 (-24.5%).
- Net loss of 166,000,000 reduced equity.
- Dividend payments of 1,008,000,000 reduced retained earnings.
- Share repurchases of 6,859,000,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-166.00 Million | -0.68% |
| Dividends Paid | Nkr1.01 Billion | -4.11% |
| Share Repurchases | Nkr6.86 Billion | -27.97% |
| Other Changes | Nkr68.00 Million | +0.28% |
| Total Change | Nkr- | -24.52% |
Book Value vs Market Value Analysis
This analysis compares VEND MARKETPLACES 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
- Current price-to-book ratio: 2.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10.66x to 2.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | Nkr23.75 | Nkr253.20 | x |
| 2002-12-31 | Nkr23.61 | Nkr253.20 | x |
| 2003-12-31 | Nkr27.56 | Nkr253.20 | x |
| 2004-12-31 | Nkr-28.53 | Nkr253.20 | x |
| 2005-12-31 | Nkr-37.83 | Nkr253.20 | x |
| 2006-12-31 | Nkr58.83 | Nkr253.20 | x |
| 2007-12-31 | Nkr56.81 | Nkr253.20 | x |
| 2008-12-31 | Nkr44.36 | Nkr253.20 | x |
| 2009-12-31 | Nkr58.09 | Nkr253.20 | x |
| 2010-12-31 | Nkr64.55 | Nkr253.20 | x |
| 2011-12-31 | Nkr59.57 | Nkr253.20 | x |
| 2012-12-31 | Nkr54.74 | Nkr253.20 | x |
| 2013-12-31 | Nkr68.25 | Nkr253.20 | x |
| 2014-12-31 | Nkr30.54 | Nkr253.20 | x |
| 2015-12-31 | Nkr49.32 | Nkr253.20 | x |
| 2016-12-31 | Nkr45.22 | Nkr253.20 | x |
| 2017-12-31 | Nkr64.94 | Nkr253.20 | x |
| 2018-12-31 | Nkr60.41 | Nkr253.20 | x |
| 2019-12-31 | Nkr44.16 | Nkr253.20 | x |
| 2020-12-31 | Nkr43.43 | Nkr253.20 | x |
| 2021-12-31 | Nkr214.76 | Nkr253.20 | x |
| 2022-12-31 | Nkr121.71 | Nkr253.20 | x |
| 2023-12-31 | Nkr184.99 | Nkr253.20 | x |
| 2024-12-31 | Nkr140.37 | Nkr253.20 | x |
| 2025-12-31 | Nkr113.39 | Nkr253.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VEND MARKETPLACES 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): -0.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.63%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.26x
- Recent ROE (-0.68%) is below the historical average (9.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -20.66% | -5.31% | 1.17x | 3.33x | Nkr-627.70 Million |
| 2002 | 7.72% | 1.98% | 1.23x | 3.17x | Nkr-46.00 Million |
| 2003 | 20.63% | 5.66% | 1.24x | 2.95x | Nkr249.40 Million |
| 2004 | 0.00% | 3.23% | 1.31x | 0.00x | Nkr556.10 Million |
| 2005 | 0.00% | 9.63% | 1.24x | 0.00x | Nkr1.27 Billion |
| 2006 | 43.96% | 18.40% | 0.70x | 3.39x | Nkr1.66 Billion |
| 2007 | 13.31% | 4.67% | 0.85x | 3.35x | Nkr158.00 Million |
| 2008 | -25.05% | -7.05% | 0.78x | 4.53x | Nkr-1.27 Billion |
| 2009 | 10.59% | 4.02% | 0.84x | 3.15x | Nkr28.30 Million |
| 2010 | 43.90% | 21.29% | 0.83x | 2.47x | Nkr2.26 Billion |
| 2011 | 11.73% | 5.16% | 0.88x | 2.58x | Nkr109.60 Million |
| 2012 | 2.40% | 0.96% | 0.97x | 2.59x | Nkr-445.40 Million |
| 2013 | 13.80% | 6.80% | 0.90x | 2.25x | Nkr278.50 Million |
| 2014 | -2.74% | -1.20% | 0.84x | 2.72x | Nkr-836.00 Million |
| 2015 | 11.72% | 8.35% | 0.70x | 2.01x | Nkr185.40 Million |
| 2016 | 4.54% | 2.93% | 0.78x | 1.99x | Nkr-558.50 Million |
| 2017 | 14.40% | 12.57% | 0.61x | 1.87x | Nkr650.70 Million |
| 2018 | 4.50% | 3.59% | 0.66x | 1.90x | Nkr-793.20 Million |
| 2019 | 9.04% | 7.50% | 0.39x | 3.12x | Nkr-100.80 Million |
| 2020 | 8.43% | 6.65% | 0.27x | 4.76x | Nkr-159.80 Million |
| 2021 | 82.14% | 284.03% | 0.23x | 1.28x | Nkr36.31 Billion |
| 2022 | -79.22% | -148.44% | 0.35x | 1.53x | Nkr-25.43 Billion |
| 2023 | 33.39% | 185.40% | 0.14x | 1.33x | Nkr9.89 Billion |
| 2024 | 39.89% | 155.71% | 0.21x | 1.23x | Nkr9.71 Billion |
| 2025 | -0.68% | -2.63% | 0.20x | 1.26x | Nkr-2.62 Billion |
Industry Comparison
This section compares VEND MARKETPLACES ASA's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $32,504,000,000
- Average return on equity (ROE) among peers: 39.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VEND MARKETPLACES ASA (VEND) | Nkr24.52 Billion | -20.66% | 0.26x | $4.09 Billion |
| Schibsted ASA Class A (VENDA) | $32.50 Billion | 39.86% | 0.23x | $307.42K |