Zaptec AS (ZAP) - Net Assets
Based on the latest financial reports, Zaptec AS (ZAP) has net assets worth Nkr752.08 Million NOK (≈ $79.14 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr1.15 Billion ≈ $121.53 Million USD) and total liabilities (Nkr402.85 Million ≈ $42.39 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 Zaptec AS liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr752.08 Million |
| % of Total Assets | 65.12% |
| Annual Growth Rate | 33.04% |
| 5-Year Change | 90.2% |
| 10-Year Change | N/A |
| Growth Volatility | 162.83 |
Zaptec AS - Net Assets Trend (2017–2025)
This chart illustrates how Zaptec AS's net assets have evolved over time, based on quarterly financial data. Also explore ZAP total asset value for the complete picture of this company's asset base.
Annual Net Assets for Zaptec AS (2017–2025)
The table below shows the annual net assets of Zaptec AS from 2017 to 2025. For live valuation and market cap data, see Zaptec AS market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr752.08 Million ≈ $79.14 Million |
+10.83% |
| 2024-12-31 | Nkr678.58 Million ≈ $71.41 Million |
+2.07% |
| 2023-12-31 | Nkr664.82 Million ≈ $69.96 Million |
+88.82% |
| 2022-12-31 | Nkr352.09 Million ≈ $37.05 Million |
-10.96% |
| 2021-12-31 | Nkr395.42 Million ≈ $41.61 Million |
+28.50% |
| 2020-12-31 | Nkr307.73 Million ≈ $32.38 Million |
+478.16% |
| 2019-12-31 | Nkr53.22 Million ≈ $5.60 Million |
+170.81% |
| 2018-12-31 | Nkr19.65 Million ≈ $2.07 Million |
-74.36% |
| 2017-12-31 | Nkr76.64 Million ≈ $8.06 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zaptec 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 grown by 2026000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr20.26 Million | 2.69% |
| Common Stock | Nkr1.31 Million | 0.17% |
| Other Components | Nkr730.50 Million | 97.13% |
| Total Equity | Nkr752.08 Million | 100.00% |
Zaptec AS Competitors by Market Cap
The table below lists competitors of Zaptec AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vodafone Group PLC
LSE:VOD
|
$333.36 Million |
|
Jumbo Interactive Ltd
AU:JIN
|
$333.38 Million |
|
Lifezone Metals Limited
NYSE:LZM
|
$333.46 Million |
|
Omni Bridgeway Ltd
AU:OBL
|
$333.58 Million |
|
Taiwan Taxi Co Ltd
TWO:2640
|
$333.29 Million |
|
Yuen Foong Yu Consumer Prod
TW:6790
|
$333.27 Million |
|
Forrestania Resources Ltd
AU:FRS
|
$333.23 Million |
|
Benchmark Metals Inc
V:CEI
|
$333.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zaptec AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 678,582,000 to 752,078,000, a change of 73,496,000 (10.8%).
- Net income of 53,889,000 contributed positively to equity growth.
- Share repurchases of 1,318,000 reduced equity.
- New share issuances of 2,787,000 increased equity.
- Other factors increased equity by 18,138,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr53.89 Million | +7.17% |
| Share Repurchases | Nkr1.32 Million | -0.18% |
| Share Issuances | Nkr2.79 Million | +0.37% |
| Other Changes | Nkr18.14 Million | +2.41% |
| Total Change | Nkr- | 10.83% |
Book Value vs Market Value Analysis
This analysis compares Zaptec 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: 4.24x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 35.34x to 4.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | Nkr1.03 | Nkr36.40 | x |
| 2018-12-31 | Nkr0.26 | Nkr36.40 | x |
| 2019-12-31 | Nkr0.72 | Nkr36.40 | x |
| 2020-12-31 | Nkr4.10 | Nkr36.40 | x |
| 2021-12-31 | Nkr3.68 | Nkr36.40 | x |
| 2022-12-31 | Nkr4.61 | Nkr36.40 | x |
| 2023-12-31 | Nkr7.61 | Nkr36.40 | x |
| 2024-12-31 | Nkr7.76 | Nkr36.40 | x |
| 2025-12-31 | Nkr8.59 | Nkr36.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zaptec 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): 7.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.52%
- • Asset Turnover: 1.33x
- • Equity Multiplier: 1.54x
- Recent ROE (7.17%) is below the historical average (10.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -23.79% | -119.81% | 0.15x | 1.31x | Nkr-25.90 Million |
| 2018 | 59.87% | 11.73% | 2.00x | 2.56x | Nkr9.80 Million |
| 2019 | 48.89% | 16.63% | 1.65x | 1.78x | Nkr20.70 Million |
| 2020 | 5.76% | 8.07% | 0.61x | 1.18x | Nkr-13.03 Million |
| 2021 | 2.08% | 1.68% | 0.90x | 1.37x | Nkr-31.32 Million |
| 2022 | -10.49% | -4.88% | 1.24x | 1.74x | Nkr-72.14 Million |
| 2023 | 3.34% | 1.59% | 1.21x | 1.74x | Nkr-44.25 Million |
| 2024 | -0.48% | -0.26% | 1.05x | 1.79x | Nkr-71.10 Million |
| 2025 | 7.17% | 3.52% | 1.33x | 1.54x | Nkr-21.32 Million |
Industry Comparison
This section compares Zaptec AS's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $179,309,000
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zaptec AS (ZAP) | Nkr752.08 Million | -23.79% | 0.54x | $333.32 Million |
| Kongsberg Automotive Holding ASA (KOA) | $179.31 Million | 0.00% | 2.92x | $186.41 Million |
About Zaptec AS
Zaptec ASA engages in the development and sale of chargers, charging systems, and services for electric car charging in Norway, Sweden, Switzerland, Denmark, Iceland, rest of Europe, and internationally. It offers Zaptec Go and Zaptec Pro alternating current walls charging station for indoor and outdoor use; Zaptec Portal, a cloud platform that monitors, balances, and optimizes the load between c… Read more