Kruk SA
KRUK Spólka Akcyjna, together with its subsidiaries, engages in the management of debt in Poland, Romania, Italy, the Czech Republic, Slovakia, Germany, Spain, and internationally. The company operates through Consumer Debts, Mortgage Debts, and Corporate Debts segments. It offers credit management services, including receivables management services to banks, loan brokers, insurers, leasing compa… Read more
Kruk SA (KRU) - Net Assets
Latest net assets as of December 2025: zł5.33 Billion PLN
Based on the latest financial reports, Kruk SA (KRU) has net assets worth zł5.33 Billion PLN as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł13.03 Billion) and total liabilities (zł7.71 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 | zł5.33 Billion |
| % of Total Assets | 40.87% |
| Annual Growth Rate | 27.17% |
| 5-Year Change | 104.85% |
| 10-Year Change | 330.42% |
| Growth Volatility | 16.67 |
Kruk SA - Net Assets Trend (2005–2025)
This chart illustrates how Kruk SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kruk SA (2005–2025)
The table below shows the annual net assets of Kruk SA from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | zł5.33 Billion | +17.62% |
| 2024-12-31 | zł4.53 Billion | +19.46% |
| 2023-12-31 | zł3.79 Billion | +16.52% |
| 2022-12-31 | zł3.25 Billion | +25.12% |
| 2021-12-31 | zł2.60 Billion | +27.25% |
| 2020-12-31 | zł2.04 Billion | +4.31% |
| 2019-12-31 | zł1.96 Billion | +13.06% |
| 2018-12-31 | zł1.73 Billion | +18.64% |
| 2017-12-31 | zł1.46 Billion | +18.02% |
| 2016-12-31 | zł1.24 Billion | +57.79% |
| 2015-12-31 | zł784.28 Million | +34.05% |
| 2014-12-31 | zł585.08 Million | +40.80% |
| 2013-12-31 | zł415.56 Million | +30.83% |
| 2012-12-31 | zł317.63 Million | +33.24% |
| 2011-12-31 | zł238.38 Million | +80.57% |
| 2010-12-31 | zł132.01 Million | +31.97% |
| 2009-12-31 | zł100.04 Million | +30.70% |
| 2008-12-31 | zł76.54 Million | +39.43% |
| 2006-12-31 | zł54.90 Million | +26.07% |
| 2005-12-31 | zł43.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kruk SA'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 474519000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł4.75 Billion | 89.09% |
| Other Components | zł580.95 Million | 10.91% |
| Total Equity | zł5.33 Billion | 100.00% |
Kruk SA Competitors by Market Cap
The table below lists competitors of Kruk SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Meitu Inc
PINK:MEIUF
|
$1.91 Billion |
|
Orient Overseas (International) Limited
PINK:OROVF
|
$1.92 Billion |
|
HD Hyundai Marine Solution
KO:443060
|
$1.92 Billion |
|
Wistron NeWeb Corp
TW:6285
|
$1.92 Billion |
|
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962
|
$1.91 Billion |
|
Easy Click Worldwide Network Technology Co. Ltd. A
SHE:301171
|
$1.91 Billion |
|
NewAmsterdam Pharma Company N.V. Ordinary Shares
NASDAQ:NAMS
|
$1.91 Billion |
|
Espressif Systems Shanghai Co Ltd
SHG:688018
|
$1.91 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kruk SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,528,986,000 to 5,326,140,000, a change of 797,154,000 (17.6%).
- Net income of 1,085,008,000 contributed positively to equity growth.
- Dividend payments of 349,252,000 reduced retained earnings.
- New share issuances of 27,552,000 increased equity.
- Other comprehensive income decreased equity by 126,073,000.
- Other factors increased equity by 159,919,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł1.09 Billion | +20.37% |
| Dividends Paid | zł349.25 Million | -6.56% |
| Share Issuances | zł27.55 Million | +0.52% |
| Other Comprehensive Income | zł-126.07 Million | -2.37% |
| Other Changes | zł159.92 Million | +3.0% |
| Total Change | zł- | 17.60% |
Book Value vs Market Value Analysis
This analysis compares Kruk SA'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: 1.64x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 160.73x to 1.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | zł2.79 | zł449.20 | x |
| 2006-12-31 | zł3.52 | zł449.20 | x |
| 2008-12-31 | zł5.09 | zł449.20 | x |
| 2009-12-31 | zł6.42 | zł449.20 | x |
| 2010-12-31 | zł8.57 | zł449.20 | x |
| 2011-12-31 | zł14.45 | zł449.20 | x |
| 2012-12-31 | zł18.72 | zł449.20 | x |
| 2013-12-31 | zł24.10 | zł449.20 | x |
| 2014-12-31 | zł33.61 | zł449.20 | x |
| 2015-12-31 | zł44.08 | zł449.20 | x |
| 2016-12-31 | zł67.42 | zł449.20 | x |
| 2017-12-31 | zł75.77 | zł449.20 | x |
| 2018-12-31 | zł89.72 | zł449.20 | x |
| 2019-12-31 | zł101.34 | zł449.20 | x |
| 2020-12-31 | zł106.12 | zł449.20 | x |
| 2021-12-31 | zł134.01 | zł449.20 | x |
| 2022-12-31 | zł164.58 | zł449.20 | x |
| 2023-12-31 | zł186.37 | zł449.20 | x |
| 2024-12-31 | zł221.10 | zł449.20 | x |
| 2025-12-31 | zł273.24 | zł449.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kruk SA 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): 20.37%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 42.71%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 2.45x
- Recent ROE (20.37%) is below the historical average (21.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 13.24% | 4.76% | 1.43x | 1.94x | zł1.41 Million |
| 2006 | 20.55% | 8.57% | 1.39x | 1.72x | zł5.79 Million |
| 2008 | 21.56% | 15.84% | 0.49x | 2.77x | zł8.82 Million |
| 2009 | 23.42% | 18.21% | 0.62x | 2.08x | zł13.42 Million |
| 2010 | 27.34% | 21.96% | 0.52x | 2.41x | zł22.88 Million |
| 2011 | 27.87% | 24.23% | 0.34x | 3.36x | zł42.57 Million |
| 2012 | 25.53% | 23.63% | 0.35x | 3.06x | zł49.29 Million |
| 2013 | 23.50% | 24.07% | 0.35x | 2.80x | zł56.08 Million |
| 2014 | 25.94% | 31.10% | 0.32x | 2.59x | zł93.23 Million |
| 2015 | 26.04% | 33.41% | 0.33x | 2.34x | zł125.80 Million |
| 2016 | 20.09% | 31.74% | 0.25x | 2.50x | zł124.91 Million |
| 2017 | 20.21% | 27.96% | 0.30x | 2.44x | zł149.05 Million |
| 2018 | 19.05% | 33.94% | 0.22x | 2.59x | zł156.78 Million |
| 2019 | 14.11% | 25.26% | 0.23x | 2.47x | zł80.55 Million |
| 2020 | 3.98% | 7.01% | 0.25x | 2.27x | zł-123.02 Million |
| 2021 | 26.71% | 57.79% | 0.20x | 2.27x | zł434.68 Million |
| 2022 | 24.74% | 54.09% | 0.19x | 2.36x | zł479.58 Million |
| 2023 | 25.95% | 54.82% | 0.18x | 2.62x | zł604.79 Million |
| 2024 | 23.71% | 48.74% | 0.19x | 2.57x | zł621.06 Million |
| 2025 | 20.37% | 42.71% | 0.19x | 2.45x | zł552.39 Million |
Industry Comparison
This section compares Kruk SA's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $112,316,120
- Average return on equity (ROE) among peers: 2.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kruk SA (KRU) | zł5.33 Billion | 13.24% | 1.45x | $1.91 Billion |
| Atlantis S.A. (ATS) | $6.66 Million | 0.77% | 0.27x | $1.70 Million |
| Best SA (BST) | $750.02 Million | 6.72% | 1.06x | $47.92 Million |
| Capitea S.A. (CAP) | $-61.82 Million | 0.00% | 0.00x | $5.95 Million |
| Fast Finance SA (FFI) | $34.22 Million | 21.45% | 6.36x | $291.18K |
| Fon SE (FON) | $14.92 Million | -4.49% | 0.01x | $1.06 Million |
| Investment Friends Capital SE (IFC) | $5.71 Million | 0.68% | 0.00x | $303.35K |
| Kredyt Inkaso SA (KRI) | $148.56 Million | -0.17% | 1.71x | $36.11 Million |
| MW Trade S.A. (MWT) | $84.74 Million | 2.42% | 2.42x | $407.05K |
| PBS Finanse SA (PBF) | $27.84 Million | -8.90% | 0.08x | $608.00K |