VEND MARKETPLACES ASA (VEND) - Net Assets
Based on the latest financial reports, VEND MARKETPLACES ASA (VEND) has net assets worth Nkr17.87 Billion NOK (≈ $1.88 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr23.87 Billion ≈ $2.51 Billion USD) and total liabilities (Nkr6.00 Billion ≈ $631.58 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. Check VEND tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr17.87 Billion |
| % of Total Assets | 74.86% |
| 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. See VEND MARKETPLACES ASA (VEND) defensive interval to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see VEND MARKETPLACES ASA market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr24.52 Billion ≈ $2.58 Billion |
-24.56% |
| 2024-12-31 | Nkr32.50 Billion ≈ $3.42 Billion |
-23.39% |
| 2023-12-31 | Nkr42.43 Billion ≈ $4.46 Billion |
+48.00% |
| 2022-12-31 | Nkr28.67 Billion ≈ $3.02 Billion |
-43.27% |
| 2021-12-31 | Nkr50.53 Billion ≈ $5.32 Billion |
+218.76% |
| 2020-12-31 | Nkr15.85 Billion ≈ $1.67 Billion |
-6.09% |
| 2019-12-31 | Nkr16.88 Billion ≈ $1.78 Billion |
+15.04% |
| 2018-12-31 | Nkr14.67 Billion ≈ $1.54 Billion |
-2.52% |
| 2017-12-31 | Nkr15.05 Billion ≈ $1.58 Billion |
+42.83% |
| 2016-12-31 | Nkr10.54 Billion ≈ $1.11 Billion |
-4.96% |
| 2015-12-31 | Nkr11.09 Billion ≈ $1.17 Billion |
+63.33% |
| 2014-12-31 | Nkr6.79 Billion ≈ $714.50 Million |
-10.49% |
| 2013-12-31 | Nkr7.59 Billion ≈ $798.27 Million |
+24.18% |
| 2012-12-31 | Nkr6.11 Billion ≈ $642.84 Million |
-5.73% |
| 2011-12-31 | Nkr6.48 Billion ≈ $681.88 Million |
-7.51% |
| 2010-12-31 | Nkr7.01 Billion ≈ $737.23 Million |
+32.84% |
| 2009-12-31 | Nkr5.27 Billion ≈ $554.98 Million |
+40.98% |
| 2008-12-31 | Nkr3.74 Billion ≈ $393.66 Million |
-24.62% |
| 2007-12-31 | Nkr4.96 Billion ≈ $522.25 Million |
-3.99% |
| 2006-12-31 | Nkr5.17 Billion ≈ $543.93 Million |
+60.48% |
| 2005-12-31 | Nkr3.22 Billion ≈ $338.94 Million |
+32.50% |
| 2004-12-31 | Nkr2.43 Billion ≈ $255.81 Million |
-3.91% |
| 2003-12-31 | Nkr2.53 Billion ≈ $266.23 Million |
+15.95% |
| 2002-12-31 | Nkr2.18 Billion ≈ $229.61 Million |
0.00% |
| 2001-12-31 | Nkr2.18 Billion ≈ $229.61 Million |
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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 grown by 508.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr11.57 Billion | 47.19% |
| Common Stock | Nkr9.66 Billion | 39.39% |
| Other Components | Nkr3.29 Billion | 13.42% |
| 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 |
|---|---|
|
TECO Electric & Machinery Co Ltd
TW:1504
|
$5.16 Billion |
|
3SBio Inc
F:83B
|
$5.16 Billion |
|
Grupo Comercial Chedraui S.A.B. de C.V
MX:CHDRAUIB
|
$5.16 Billion |
|
TEMENOS AG UNSP.ADR/1
F:TE8A
|
$5.16 Billion |
|
Duolingo Inc
NASDAQ:DUOL
|
$5.15 Billion |
|
Premier Energies Limited
NSE:PREMIERENE
|
$5.15 Billion |
|
Bank of Ayudhya Public Company Limited
F:NVAU
|
$5.15 Billion |
|
Zalando SE
XETRA:ZAL
|
$5.15 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 184,000,000 reduced equity.
- Dividend payments of 1,008,000,000 reduced retained earnings.
- Share repurchases of 6,859,000,000 reduced equity.
- New share issuances of 5,000,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-184.00 Million | -0.75% |
| Dividends Paid | Nkr1.01 Billion | -4.11% |
| Share Repurchases | Nkr6.86 Billion | -27.97% |
| Share Issuances | Nkr5.00 Million | +0.02% |
| Other Changes | Nkr81.00 Million | +0.33% |
| 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: 2.09x
- 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 9.96x to 2.09x 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 | Nkr236.60 | x |
| 2002-12-31 | Nkr23.61 | Nkr236.60 | x |
| 2003-12-31 | Nkr27.56 | Nkr236.60 | x |
| 2004-12-31 | Nkr-28.53 | Nkr236.60 | x |
| 2005-12-31 | Nkr-37.83 | Nkr236.60 | x |
| 2006-12-31 | Nkr58.83 | Nkr236.60 | x |
| 2007-12-31 | Nkr56.81 | Nkr236.60 | x |
| 2008-12-31 | Nkr44.36 | Nkr236.60 | x |
| 2009-12-31 | Nkr58.09 | Nkr236.60 | x |
| 2010-12-31 | Nkr64.55 | Nkr236.60 | x |
| 2011-12-31 | Nkr59.57 | Nkr236.60 | x |
| 2012-12-31 | Nkr54.74 | Nkr236.60 | x |
| 2013-12-31 | Nkr68.25 | Nkr236.60 | x |
| 2014-12-31 | Nkr30.54 | Nkr236.60 | x |
| 2015-12-31 | Nkr49.32 | Nkr236.60 | x |
| 2016-12-31 | Nkr45.22 | Nkr236.60 | x |
| 2017-12-31 | Nkr64.94 | Nkr236.60 | x |
| 2018-12-31 | Nkr60.41 | Nkr236.60 | x |
| 2019-12-31 | Nkr44.16 | Nkr236.60 | x |
| 2020-12-31 | Nkr43.43 | Nkr236.60 | x |
| 2021-12-31 | Nkr214.76 | Nkr236.60 | x |
| 2022-12-31 | Nkr121.71 | Nkr236.60 | x |
| 2023-12-31 | Nkr184.99 | Nkr236.60 | x |
| 2024-12-31 | Nkr140.37 | Nkr236.60 | x |
| 2025-12-31 | Nkr113.39 | Nkr236.60 | 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): -0.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.91%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.26x
- Recent ROE (-0.75%) 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 | -0.75% | -2.91% | 0.20x | 1.26x | Nkr-2.64 Billion |
Industry Comparison
This section compares VEND MARKETPLACES ASA's net assets metrics with peer companies in the Internet Content & Information industry.
No peer company data available for comparison.
About VEND MARKETPLACES ASA
Vend Marketplaces ASA, together with its subsidiaries, develops and operates various marketplaces in Norway, Sweden, Finland, and Denmark. The company operates through Mobility, Real Estate, Jobs, and Recommerce segments. Its marketplaces operations include online classified operations through FINN.no, blocket.se, tori.fi and oikotie.fi, and bilbasen.dk and dba.dk., which provide technology-based… Read more