Vow ASA (VOW) - Net Assets

Latest as of September 2025: Nkr339.00 Million NOK ≈ $35.67 Million USD

Based on the latest financial reports, Vow ASA (VOW) has net assets worth Nkr339.00 Million NOK (≈ $35.67 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr1.22 Billion ≈ $128.03 Million USD) and total liabilities (Nkr877.70 Million ≈ $92.36 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 Vow ASA liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Nkr339.00 Million
% of Total Assets 27.86%
Annual Growth Rate N/A
5-Year Change 70.24%
10-Year Change 996.26%
Growth Volatility 46.58

Vow ASA - Net Assets Trend (2011–2024)

This chart illustrates how Vow ASA's net assets have evolved over time, based on quarterly financial data. Also explore VOW total asset value for the complete picture of this company's asset base.

Annual Net Assets for Vow ASA (2011–2024)

The table below shows the annual net assets of Vow ASA from 2011 to 2024. For live valuation and market cap data, see Vow ASA (VOW) market capitalisation.

Year Net Assets Change
2024-12-31 Nkr546.30 Million
≈ $57.49 Million		 +37.82%
2023-12-31 Nkr396.40 Million
≈ $41.71 Million		 -25.29%
2022-12-31 Nkr530.60 Million
≈ $55.83 Million		 +1.32%
2021-12-31 Nkr523.70 Million
≈ $55.11 Million		 +63.20%
2020-12-31 Nkr320.90 Million
≈ $33.77 Million		 +38.50%
2019-12-31 Nkr231.70 Million
≈ $24.38 Million		 +148.34%
2018-12-31 Nkr93.30 Million
≈ $9.82 Million		 +61.14%
2017-12-31 Nkr57.90 Million
≈ $6.09 Million		 +27.53%
2016-12-31 Nkr45.40 Million
≈ $4.78 Million		 -8.90%
2015-12-31 Nkr49.83 Million
≈ $5.24 Million		 +10.47%
2014-12-31 Nkr45.11 Million
≈ $4.75 Million		 +311.20%
2013-12-31 Nkr-21.36 Million
≈ $-2.25 Million		 +19.47%
2012-12-31 Nkr-26.52 Million
≈ $-2.79 Million		 +11.76%
2011-12-31 Nkr-30.06 Million
≈ $-3.16 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Vow 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 21145400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock Nkr27.20 Million 5.02%
Other Comprehensive Income Nkr51.90 Million 9.57%
Other Components Nkr704.80 Million 130.01%
Total Equity Nkr542.10 Million 100.00%

Vow ASA Competitors by Market Cap

The table below lists competitors of Vow ASA ranked by their market capitalization.

Company Market Cap
Panelsan Cati Cephe Sistemleri Sanayi ve Ticaret AS
IS:PNLSN
 $75.79 Million
Excel Cell Electronic Co Ltd
TW:2483
 $75.81 Million
Ko Ja Cayman Co Ltd
TW:5215
 $75.81 Million
Shih Kuen Plastics Co Ltd
TWO:4305
 $75.83 Million
Sypris Solutions Inc
NASDAQ:SYPR
 $75.77 Million
Pelthos Therapeutics Inc.
NYSE MKT:PTHS
 $75.77 Million
Maat Pharma SA
PA:MAAT
 $75.76 Million
Aldoro Resources Ltd
AU:ARN
 $75.76 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Vow ASA's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 392,600,000 to 542,100,000, a change of 149,500,000 (38.1%).
  • Net loss of 132,400,000 reduced equity.
  • Share repurchases of 223,500,000 reduced equity.
  • New share issuances of 223,500,000 increased equity.
  • Other comprehensive income increased equity by 16,700,000.
  • Other factors increased equity by 265,200,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Nkr-132.40 Million -24.42%
Share Repurchases Nkr223.50 Million -41.23%
Share Issuances Nkr223.50 Million +41.23%
Other Comprehensive Income Nkr16.70 Million +3.08%
Other Changes Nkr265.20 Million +48.92%
Total Change Nkr- 38.08%

Book Value vs Market Value Analysis

This analysis compares Vow 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: 0.73x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 Nkr-11.94 Nkr2.48 x
2012-12-31 Nkr-10.33 Nkr2.48 x
2013-12-31 Nkr-0.31 Nkr2.48 x
2014-12-31 Nkr0.63 Nkr2.48 x
2015-12-31 Nkr0.53 Nkr2.48 x
2016-12-31 Nkr0.48 Nkr2.48 x
2017-12-31 Nkr0.61 Nkr2.48 x
2018-12-31 Nkr0.98 Nkr2.48 x
2019-12-31 Nkr2.36 Nkr2.48 x
2020-12-31 Nkr2.97 Nkr2.48 x
2021-12-31 Nkr4.53 Nkr2.48 x
2022-12-31 Nkr4.44 Nkr2.48 x
2023-12-31 Nkr3.36 Nkr2.48 x
2024-12-31 Nkr3.38 Nkr2.48 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Vow 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): -24.42%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -13.00%
  • • Asset Turnover: 0.66x
  • • Equity Multiplier: 2.84x
  • Recent ROE (-24.42%) is below the historical average (2.23%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 0.00% 1.34% 2.80x 0.00x Nkr5.25 Million
2012 0.00% 5.17% 1.88x 0.00x Nkr9.69 Million
2013 0.00% 3.03% 1.68x 0.00x Nkr7.28 Million
2014 -20.57% -6.37% 1.02x 3.18x Nkr-13.79 Million
2015 8.92% 2.22% 1.19x 3.38x Nkr-536.30K
2016 -10.57% -2.80% 1.37x 2.77x Nkr-9.34 Million
2017 21.76% 5.10% 1.59x 2.68x Nkr6.81 Million
2018 28.19% 7.98% 1.70x 2.08x Nkr16.97 Million
2019 -5.85% -3.55% 0.63x 2.61x Nkr-36.57 Million
2020 8.72% 6.07% 0.65x 2.22x Nkr-4.10 Million
2021 61.86% 71.20% 0.41x 2.12x Nkr271.04 Million
2022 2.70% 1.83% 0.54x 2.74x Nkr-38.65 Million
2023 -39.53% -16.90% 0.60x 3.91x Nkr-194.46 Million
2024 -24.42% -13.00% 0.66x 2.84x Nkr-186.61 Million

Industry Comparison

This section compares Vow ASA's net assets metrics with peer companies in the Pollution & Treatment Controls industry.

Industry Context

  • Industry: Pollution & Treatment Controls
  • Average net assets among peers: $261,211,895
  • Average return on equity (ROE) among peers: -68.42%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Vow ASA (VOW) Nkr339.00 Million 0.00% 2.59x $75.79 Million
Aker Carbon Capture ASA (ACC) $701.96 Million -24.36% 1.40x $2.05 Million
Cambi ASA (CAMBI) $477.10 Million 31.29% 0.70x $325.00 Million
Co2 Capsol AS (CAPSL) $5.42 Million -193.88% 1.12x $34.96 Million
Horisont Energi AS (HRGI) $81.89 Million -134.14% 0.30x $5.74 Million
Pyrum Innovations AG (PYRUM) $39.70 Million -21.04% 0.29x $127.38 Million

About Vow ASA

OL:VOW Norway Pollution & Treatment Controls
Market Cap
$75.79 Million
Nkr720.22 Million NOK
Market Cap Rank
#20260 Global
#179 in Norway
Share Price
Nkr2.48
Change (1 day)
+1.02%
52-Week Range
Nkr1.32 - Nkr3.34
All Time High
Nkr56.70
Categories
Companies in Norway Pollution & Treatment Controls
About

Vow ASA, together with its subsidiaries, produces, delivers, and maintains systems for processing and purifying wastewater, food waste, solid waste, and bio sludge in Norway, France, Poland, the United States, and Italy. It operates through Industrial Solutions, Maritime Solutions, and Aftersales segments. The Industrial Solutions segment designs and provides systems to valorise biomass residues … Read more