XXL ASA
XXL ASA operates as a sports retailer in Norway, Sweden, and Finland. The company offers sports equipment and sportswear for various sports, including running, football, golf, water sports, racket sports, and ice hockey; and fitness equipment comprising treadmills and rowing machines, as well as food supplements and nutrition. It also provides clothes for men, women, and children for baselayers, … Read more
XXL ASA (XXL) - Net Assets
Latest net assets as of March 2025: Nkr1.46 Billion NOK
Based on the latest financial reports, XXL ASA (XXL) has net assets worth Nkr1.46 Billion NOK as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr6.82 Billion) and total liabilities (Nkr5.35 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 | Nkr1.46 Billion |
| % of Total Assets | 21.46% |
| Annual Growth Rate | 1.52% |
| 5-Year Change | -71.29% |
| 10-Year Change | -64.29% |
| Growth Volatility | 50.45 |
XXL ASA - Net Assets Trend (2011–2024)
This chart illustrates how XXL 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 XXL ASA (2011–2024)
The table below shows the annual net assets of XXL ASA from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr1.20 Billion | -49.15% |
| 2023-12-31 | Nkr2.36 Billion | -22.64% |
| 2022-12-31 | Nkr3.06 Billion | -18.57% |
| 2021-12-31 | Nkr3.75 Billion | -10.34% |
| 2020-12-31 | Nkr4.19 Billion | +9.41% |
| 2019-12-31 | Nkr3.83 Billion | +3.10% |
| 2018-12-31 | Nkr3.71 Billion | -3.49% |
| 2017-12-31 | Nkr3.85 Billion | +6.60% |
| 2016-12-31 | Nkr3.61 Billion | +7.16% |
| 2015-12-31 | Nkr3.37 Billion | +4.57% |
| 2014-12-31 | Nkr3.22 Billion | +174.31% |
| 2013-12-31 | Nkr1.17 Billion | +12.03% |
| 2012-12-31 | Nkr1.05 Billion | +6.00% |
| 2011-12-31 | Nkr988.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to XXL 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 337600000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr986.00 Million | 77.76% |
| Other Components | Nkr3.66 Billion | 288.49% |
| Total Equity | Nkr1.27 Billion | 100.00% |
XXL ASA Competitors by Market Cap
The table below lists competitors of XXL ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OS Therapies Incorporated
NYSE MKT:OSTX
|
$41.13 Million |
|
MacroWell OMG Digital Entertainment Co Ltd
TWO:3687
|
$41.14 Million |
|
Widepoint C
NYSE MKT:WYY
|
$41.16 Million |
|
Toubani Resources Ltd
AU:TRE
|
$41.17 Million |
|
BBGI PCL
BK:BBGI
|
$41.12 Million |
|
Progress-Werk Oberkirch AG
XETRA:PWO
|
$41.10 Million |
|
Drone Volt SA
PA:ALDRV
|
$41.10 Million |
|
Saksoft Limited
NSE:SAKSOFT
|
$41.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in XXL ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,364,000,000 to 1,268,000,000, a change of -1,096,000,000 (-46.4%).
- Net loss of 1,705,000,000 reduced equity.
- Share repurchases of 560,000,000 reduced equity.
- New share issuances of 560,000,000 increased equity.
- Other factors increased equity by 609,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-1.71 Billion | -134.46% |
| Share Repurchases | Nkr560.00 Million | -44.16% |
| Share Issuances | Nkr560.00 Million | +44.16% |
| Other Changes | Nkr609.00 Million | +48.03% |
| Total Change | Nkr- | -46.36% |
Book Value vs Market Value Analysis
This analysis compares XXL 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: 0.25x
- 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.
- The price-to-book ratio has decreased from 0.81x to 0.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | Nkr12.22 | Nkr9.87 | x |
| 2012-12-31 | Nkr12.95 | Nkr9.87 | x |
| 2013-12-31 | Nkr14.51 | Nkr9.87 | x |
| 2014-12-31 | Nkr15.88 | Nkr9.87 | x |
| 2015-12-31 | Nkr20.46 | Nkr9.87 | x |
| 2016-12-31 | Nkr21.86 | Nkr9.87 | x |
| 2017-12-31 | Nkr23.18 | Nkr9.87 | x |
| 2018-12-31 | Nkr22.70 | Nkr9.87 | x |
| 2019-12-31 | Nkr23.11 | Nkr9.87 | x |
| 2020-12-31 | Nkr18.97 | Nkr9.87 | x |
| 2021-12-31 | Nkr118.46 | Nkr9.87 | x |
| 2022-12-31 | Nkr5.04 | Nkr9.87 | x |
| 2023-12-31 | Nkr6.82 | Nkr9.87 | x |
| 2024-12-31 | Nkr40.15 | Nkr9.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently XXL 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): -134.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.74%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 5.03x
- Recent ROE (-134.46%) is below the historical average (-10.97%), 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 | 3.80% | 1.52% | 0.60x | 4.18x | Nkr-61.27 Million |
| 2012 | 5.86% | 1.98% | 0.72x | 4.14x | Nkr-43.41 Million |
| 2013 | 10.66% | 3.12% | 0.83x | 4.12x | Nkr7.72 Million |
| 2014 | 8.14% | 5.03% | 0.98x | 1.66x | Nkr-59.90 Million |
| 2015 | 12.69% | 6.58% | 1.11x | 1.73x | Nkr90.40 Million |
| 2016 | 14.31% | 6.60% | 1.17x | 1.85x | Nkr155.30 Million |
| 2017 | 13.32% | 5.88% | 1.13x | 2.00x | Nkr127.50 Million |
| 2018 | 6.39% | 2.50% | 1.24x | 2.07x | Nkr-134.00 Million |
| 2019 | -8.55% | -3.64% | 0.88x | 2.68x | Nkr-709.60 Million |
| 2020 | 2.89% | 1.15% | 1.11x | 2.25x | Nkr-295.90 Million |
| 2021 | 5.05% | 1.88% | 1.11x | 2.42x | Nkr-184.30 Million |
| 2022 | -17.70% | -6.42% | 0.93x | 2.96x | Nkr-846.60 Million |
| 2023 | -75.97% | -22.56% | 1.06x | 3.19x | Nkr-2.03 Billion |
| 2024 | -134.46% | -23.74% | 1.13x | 5.03x | Nkr-1.83 Billion |
Industry Comparison
This section compares XXL ASA's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $371,491,245
- Average return on equity (ROE) among peers: 3.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| XXL ASA (XXL) | Nkr1.46 Billion | 3.80% | 3.66x | $41.13 Million |
| Elektroimportoren As (ELIMP) | $55.86 Million | 26.49% | 6.63x | $19.48 Million |
| Hynion AS (HYN) | $56.32 Million | -29.84% | 0.09x | $183.65K |
| Kid ASA (KID) | $1.00 Billion | 13.37% | 1.10x | $366.39 Million |