Nordic Entertainment Group AB (publ)
Viaplay Group AB (publ) operates as an entertainment provider company in Sweden, rest of Nordics, rest of Europe, and internationally. The company operates Viaplay, an online video streaming service, which offers live sports, series, films, and documentaries. It also operates advertising-supported TV channels that offer popular series, films and live sports, as well as V sport, V series and V fil… Read more
Nordic Entertainment Group AB (publ) (NENTF) - Net Assets
Latest net assets as of September 2025: $3.24 Billion USD
Based on the latest financial reports, Nordic Entertainment Group AB (publ) (NENTF) has net assets worth $3.24 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.71 Billion) and total liabilities ($12.47 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 | $3.24 Billion |
| % of Total Assets | 20.62% |
| Annual Growth Rate | 8.11% |
| 5-Year Change | 13.63% |
| 10-Year Change | N/A |
| Growth Volatility | 128.77 |
Nordic Entertainment Group AB (publ) - Net Assets Trend (2016–2024)
This chart illustrates how Nordic Entertainment Group AB (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nordic Entertainment Group AB (publ) (2016–2024)
The table below shows the annual net assets of Nordic Entertainment Group AB (publ) from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.68 Billion | +437.34% |
| 2023-12-31 | $-1.09 Billion | -112.23% |
| 2022-12-31 | $8.91 Billion | +7.07% |
| 2021-12-31 | $8.32 Billion | +157.17% |
| 2020-12-31 | $3.24 Billion | +294.63% |
| 2019-12-31 | $820.00 Million | +36.89% |
| 2018-12-31 | $599.00 Million | -76.72% |
| 2017-12-31 | $2.57 Billion | +30.61% |
| 2016-12-31 | $1.97 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nordic Entertainment Group AB (publ)'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 363.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $275.00 Million | 7.48% |
| Other Comprehensive Income | $-60.00 Million | -1.63% |
| Other Components | $8.70 Billion | 236.52% |
| Total Equity | $3.68 Billion | 100.00% |
Nordic Entertainment Group AB (publ) Competitors by Market Cap
The table below lists competitors of Nordic Entertainment Group AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gree Real Estate Co Ltd
SHG:600185
|
$913.60 Million |
|
Bell AG
SW:BELL
|
$913.76 Million |
|
Affle (India) Limited
NSE:AFFLE
|
$913.87 Million |
|
Cj Corp Pref
KO:001045
|
$914.06 Million |
|
ARM HOLDINGS PLC CEDEAR EACH 27
BA:ARM
|
$913.35 Million |
|
Guangdong Golden Dragon Development Inc
SHE:000712
|
$913.07 Million |
|
Sunway Real Estate Investment Trust
KLSE:5176
|
$912.65 Million |
|
RLJ Lodging Trust
NYSE:RLJ
|
$912.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nordic Entertainment Group AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,090,000,000 to 3,677,000,000, a change of 4,767,000,000.
- Net income of 106,000,000 contributed positively to equity growth.
- New share issuances of 4,000,000,000 increased equity.
- Other comprehensive income decreased equity by 16,000,000.
- Other factors increased equity by 677,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $106.00 Million | +2.88% |
| Share Issuances | $4.00 Billion | +108.78% |
| Other Comprehensive Income | $-16.00 Million | -0.44% |
| Other Changes | $677.00 Million | +18.41% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Nordic Entertainment Group AB (publ)'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: 0.32x
- 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 0.58x to 0.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $0.50 | $0.29 | x |
| 2017-12-31 | $0.66 | $0.29 | x |
| 2018-12-31 | $0.15 | $0.29 | x |
| 2019-12-31 | $0.21 | $0.29 | x |
| 2020-12-31 | $0.82 | $0.29 | x |
| 2021-12-31 | $1.86 | $0.29 | x |
| 2022-12-31 | $1.96 | $0.29 | x |
| 2023-12-31 | $-0.24 | $0.29 | x |
| 2024-12-31 | $0.89 | $0.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nordic Entertainment Group AB (publ) 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): 2.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.57%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 4.58x
- Recent ROE (2.88%) is below the historical average (52.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 47.18% | 7.20% | 1.31x | 5.01x | $731.30 Million |
| 2017 | 50.21% | 9.40% | 1.32x | 4.06x | $1.03 Billion |
| 2018 | 220.58% | 8.83% | 1.19x | 20.93x | $1.23 Billion |
| 2019 | 72.45% | 3.76% | 1.07x | 18.08x | $507.70 Million |
| 2020 | 69.12% | 18.63% | 0.75x | 4.93x | $1.91 Billion |
| 2021 | 3.91% | 2.57% | 0.65x | 2.35x | $-507.20 Million |
| 2022 | 3.63% | 2.06% | 0.72x | 2.45x | $-568.00 Million |
| 2023 | 0.00% | -52.50% | 0.94x | 0.00x | $-9.64 Billion |
| 2024 | 2.88% | 0.57% | 1.10x | 4.58x | $-261.70 Million |
Industry Comparison
This section compares Nordic Entertainment Group AB (publ)'s net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $265,814,216
- Average return on equity (ROE) among peers: -33.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nordic Entertainment Group AB (publ) (NENTF) | $3.24 Billion | 47.18% | 3.85x | $913.47 Million |
| AB International Group Corp (ABQQ) | $-6.78K | 0.00% | 0.00x | $405.91 |
| AI Era Corp. (ABQQD) | $4.02 Million | -54.05% | 0.45x | $87.52K |
| Color Star Technology Co. Ltd. (ADD) | $6.59 Million | -176.41% | 0.08x | $63.13K |
| Alliance Entertainment Holding Corporation Class A Common Stock (AENT) | $108.93 Million | 26.27% | 3.34x | $22.03 Million |
| All For One Media Corp (AFOM) | $-17.59 Million | 0.00% | 0.00x | $324.00 |
| Allied Gaming & Entertainment Inc. (AGAE) | $33.41 Million | -134.88% | 0.85x | $4.97 Million |
| AMC Entertainment Holdings Inc (AMC) | $1.51 Billion | 24.17% | 2.35x | $567.86 Million |
| AMC Networks Inc (AMCX) | $1.01 Billion | 8.82% | 2.88x | $212.42 Million |
| American Films Inc (AMFL) | $2.16 Million | -24.68% | 1.32x | $753.71 |
| Amcomri Entertainment Inc (AMNNF) | $-586.53K | 0.00% | 0.00x | $6.48K |