HydrogenPro AS
HydrogenPro ASA engages in designing and delivering green hydrogen technology and systems in Norway, Europe, the United States, and the Asia Pacific. It offers high-pressure alkaline electrolyzers and gas separation units. The company serves synthetic aviation fuel, refinery/decarbonization, power to gas, balancing the grid, steel production, fertilizer/ammonia, and shipping markets. HydrogenPro … Read more
HydrogenPro AS (HYPRF) - Net Assets
Latest net assets as of December 2025: $246.71 Million USD
Based on the latest financial reports, HydrogenPro AS (HYPRF) has net assets worth $246.71 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 ($366.57 Million) and total liabilities ($119.86 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 | $246.71 Million |
| % of Total Assets | 67.3% |
| Annual Growth Rate | N/A |
| 5-Year Change | -51.74% |
| 10-Year Change | N/A |
| Growth Volatility | 12.54 |
HydrogenPro AS - Net Assets Trend (2018–2025)
This chart illustrates how HydrogenPro 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 HydrogenPro AS (2018–2025)
The table below shows the annual net assets of HydrogenPro AS from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $246.71 Million | -29.18% |
| 2024-12-31 | $348.36 Million | -23.13% |
| 2023-12-31 | $453.21 Million | +3.52% |
| 2022-12-31 | $437.82 Million | -14.36% |
| 2021-12-31 | $511.25 Million | -0.86% |
| 2020-12-31 | $515.68 Million | +3419.15% |
| 2019-12-31 | $-15.54 Million | -11.21% |
| 2018-12-31 | $-13.97 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HydrogenPro 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 69900251300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.91 Million | 0.76% |
| Other Comprehensive Income | $47.35 Million | 18.88% |
| Other Components | $914.57 Million | 364.62% |
| Total Equity | $250.83 Million | 100.00% |
HydrogenPro AS Competitors by Market Cap
The table below lists competitors of HydrogenPro AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Konfrut Gida Sanayi ve Ticaret AS
IS:KNFRT
|
$18.15 Million |
|
INVENTUS MNG CORP.
F:3GIA
|
$18.16 Million |
|
Cho Kwang Pain
KO:004910
|
$18.16 Million |
|
Lar Espana Real Estate
MC:LRE
|
$18.16 Million |
|
Barfresh Food Group Inc
NASDAQ:BRFH
|
$18.15 Million |
|
Teamphon Energy Co., Ltd.
TWO:3073
|
$18.15 Million |
|
CYANCONNODE HLDGS LS-02
F:CUAN
|
$18.14 Million |
|
Sona Nanotech Inc
OTCQB:SNANF
|
$18.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HydrogenPro AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 346,000,000 to 250,826,344, a change of -95,173,656 (-27.5%).
- Net loss of 239,458,770 reduced equity.
- Other comprehensive income decreased equity by 1,645,743.
- Other factors increased equity by 145,930,857.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-239.46 Million | -95.47% |
| Other Comprehensive Income | $-1.65 Million | -0.66% |
| Other Changes | $145.93 Million | +58.18% |
| Total Change | $- | -27.51% |
Book Value vs Market Value Analysis
This analysis compares HydrogenPro 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: 0.34x
- 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 |
|---|---|---|---|
| 2018-12-31 | $-0.25 | $0.95 | x |
| 2019-12-31 | $-0.26 | $0.95 | x |
| 2020-12-31 | $11.64 | $0.95 | x |
| 2021-12-31 | $8.88 | $0.95 | x |
| 2022-12-31 | $7.46 | $0.95 | x |
| 2023-12-31 | $7.45 | $0.95 | x |
| 2024-12-31 | $5.77 | $0.95 | x |
| 2025-12-31 | $2.84 | $0.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HydrogenPro 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): -95.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -284.23%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.46x
- Recent ROE (-95.47%) is below the historical average (-25.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -65.60% | 0.71x | 0.00x | $-5.48 Million |
| 2019 | 0.00% | -51.16% | 0.93x | 0.00x | $-11.32 Million |
| 2020 | -3.10% | -60.10% | 0.05x | 1.11x | $-67.53 Million |
| 2021 | -11.04% | -281.65% | 0.04x | 1.03x | $-107.56 Million |
| 2022 | -19.61% | -150.47% | 0.10x | 1.32x | $-128.17 Million |
| 2023 | -14.44% | -11.35% | 0.88x | 1.44x | $-109.19 Million |
| 2024 | -56.67% | -100.19% | 0.34x | 1.68x | $-230.66 Million |
| 2025 | -95.47% | -284.23% | 0.23x | 1.46x | $-264.54 Million |
Industry Comparison
This section compares HydrogenPro AS's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $56,434,336,994
- Average return on equity (ROE) among peers: -8730.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HydrogenPro AS (HYPRF) | $246.71 Million | 0.00% | 0.49x | $18.15 Million |
| American Commerce Solutions Inc (AACS) | $1.32K | -87256.44% | 3554.18x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-996.60K | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $296.51 Million | 41.42% | 2.31x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $396.00 Million | -25.76% | 2.45x | $91.17 Million |
| Alphaform AG (AFRMF) | $22.76 Million | -2.08% | 0.21x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-9.95 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $20.50 Billion | 14.52% | 1.57x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $534.40 Billion | 7.60% | 0.27x | $3.72 Billion |
| Ametek Inc (AME) | $8.73 Billion | 15.04% | 0.72x | $48.58 Billion |
| American Superconductor Corporation (AMSC) | $12.86 Million | -96.26% | 0.52x | $1.37 Billion |