Vow Green Metals AS
Vow Green Metals AS engages in the production and sales of biocarbon and other carbon neutral products in Norway. It also provides biomass and biomass waste-streams into biocarbon, bio-oil, and bioenergy. The company serves metallurgical industry. Vow Green Metals AS was incorporated in 2021 and is based in Oslo, Norway. As of June 23, 2025, Vow Green Metals AS was taken private.
Vow Green Metals AS (VGM) - Net Assets
Latest net assets as of December 2024: Nkr187.99 Million NOK
Based on the latest financial reports, Vow Green Metals AS (VGM) has net assets worth Nkr187.99 Million NOK as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr436.37 Million) and total liabilities (Nkr248.38 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 | Nkr187.99 Million |
| % of Total Assets | 43.08% |
| Annual Growth Rate | 789.72% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 203700.59 |
Vow Green Metals AS - Net Assets Trend (2020–2024)
This chart illustrates how Vow Green Metals 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 Vow Green Metals AS (2020–2024)
The table below shows the annual net assets of Vow Green Metals AS from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr187.99 Million | +88.04% |
| 2023-12-31 | Nkr99.97 Million | -20.58% |
| 2022-12-31 | Nkr125.88 Million | -10.82% |
| 2021-12-31 | Nkr141.16 Million | +470445.23% |
| 2020-12-31 | Nkr30.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vow Green Metals 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 9377000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Nkr225.42 Million | 171.23% |
| Total Equity | Nkr131.65 Million | 100.00% |
Vow Green Metals AS Competitors by Market Cap
The table below lists competitors of Vow Green Metals AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lion Financial Group Limited
NASDAQ:LGHLW
|
$3.80 Million |
|
Sow Good Inc. Common Stock
OTCQB:SOWG
|
$3.80 Million |
|
Telo Genomics Corp
OTCQB:TDSGF
|
$3.80 Million |
|
TSA
KLSE:0297
|
$3.80 Million |
|
ELEVATION GOLD MIN. CORP.
F:54NA
|
$3.80 Million |
|
OAR Resources Ltd
AU:OAR
|
$3.79 Million |
|
ALLIED GAMI.+ENT.DL-0001
F:2AA
|
$3.79 Million |
|
Agroton Public Ltd.
WAR:AGT
|
$3.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vow Green Metals AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 99,973,662 to 131,648,000, a change of 31,674,338 (31.7%).
- Net loss of 39,665,000 reduced equity.
- New share issuances of 17,924,000 increased equity.
- Other factors increased equity by 53,415,338.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-39.66 Million | -30.13% |
| Share Issuances | Nkr17.92 Million | +13.62% |
| Other Changes | Nkr53.42 Million | +40.57% |
| Total Change | Nkr- | 31.68% |
Book Value vs Market Value Analysis
This analysis compares Vow Green Metals 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: 1.46x
- 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 5195.90x to 1.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | Nkr0.00 | Nkr0.95 | x |
| 2021-12-31 | Nkr0.86 | Nkr0.95 | x |
| 2022-12-31 | Nkr0.76 | Nkr0.95 | x |
| 2023-12-31 | Nkr0.61 | Nkr0.95 | x |
| 2024-12-31 | Nkr0.65 | Nkr0.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vow Green Metals 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): -30.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18448.84%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 3.31x
- Recent ROE (-30.13%) is below the historical average (-19.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -6.66% | 0.00% | 0.00x | 1.02x | Nkr-23.51 Million |
| 2022 | -13.80% | 0.00% | 0.00x | 1.05x | Nkr-29.96 Million |
| 2023 | -25.97% | 0.00% | 0.00x | 1.83x | Nkr-35.96 Million |
| 2024 | -30.13% | -18448.84% | 0.00x | 3.31x | Nkr-52.83 Million |
Industry Comparison
This section compares Vow Green Metals AS's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $58,503,394
- Average return on equity (ROE) among peers: 4.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vow Green Metals AS (VGM) | Nkr187.99 Million | -6.66% | 1.32x | $3.80 Million |
| Pryme BV (PRYME) | $7.06 Million | -3.61% | 0.79x | $7.62 Million |
| Soiltech ASA (STECH) | $170.56 Million | 16.07% | 1.06x | $64.73K |
| Waste Plastic Upcycling AS (WPU) | $-2.11 Million | 0.00% | 0.00x | $12.59K |