Scandinavian Brake Systems A/S
Scandinavian Brake Systems A/S, together with its subsidiaries, sources, completes, stocks, markets, and distributes spare parts for cars and vans in Europe and internationally. The company offers various wear parts for automotive aftermarket, including mechanical and hydraulic brake parts; steering parts and wheel bearing kits; suspension and transmission parts; clutch parts; starters and altern… Read more
Scandinavian Brake Systems A/S (SBS) - Net Assets
Latest net assets as of June 2024: Dkr16.30 Million DKK
Based on the latest financial reports, Scandinavian Brake Systems A/S (SBS) has net assets worth Dkr16.30 Million DKK as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr48.60 Million) and total liabilities (Dkr32.30 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 | Dkr16.30 Million |
| % of Total Assets | 33.54% |
| Annual Growth Rate | -8.36% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 56.52 |
Scandinavian Brake Systems A/S - Net Assets Trend (2000–2023)
This chart illustrates how Scandinavian Brake Systems A/S's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Scandinavian Brake Systems A/S (2000–2023)
The table below shows the annual net assets of Scandinavian Brake Systems A/S from 2000 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | Dkr20.00 Million | -56.43% |
| 2022-12-31 | Dkr45.90 Million | -22.99% |
| 2021-12-31 | Dkr59.60 Million | +138.35% |
| 2020-12-31 | Dkr-155.40 Million | -7.02% |
| 2019-12-31 | Dkr-145.20 Million | +3.33% |
| 2018-12-31 | Dkr-150.20 Million | +9.46% |
| 2017-12-31 | Dkr-165.90 Million | +9.74% |
| 2016-12-31 | Dkr-183.80 Million | +6.61% |
| 2015-12-31 | Dkr-196.80 Million | -648.29% |
| 2014-12-31 | Dkr-26.30 Million | +70.54% |
| 2013-12-31 | Dkr-89.26 Million | +5.05% |
| 2012-12-31 | Dkr-94.01 Million | +4.37% |
| 2011-12-31 | Dkr-98.31 Million | -5.22% |
| 2010-12-31 | Dkr-93.44 Million | +3.05% |
| 2009-12-31 | Dkr-96.37 Million | -136.78% |
| 2008-12-31 | Dkr262.05 Million | -19.04% |
| 2006-12-31 | Dkr323.68 Million | +98.48% |
| 2005-12-31 | Dkr163.08 Million | +24.71% |
| 2004-12-31 | Dkr130.76 Million | -0.04% |
| 2003-12-31 | Dkr130.81 Million | +9.62% |
| 2002-12-31 | Dkr119.33 Million | -4.53% |
| 2001-12-31 | Dkr125.00 Million | -16.17% |
| 2000-12-31 | Dkr149.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Scandinavian Brake Systems A/S'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 137.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Dkr32.10 Million | 160.50% |
| Total Equity | Dkr20.00 Million | 100.00% |
Scandinavian Brake Systems A/S Competitors by Market Cap
The table below lists competitors of Scandinavian Brake Systems A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TechCreate Group Ltd.
NYSE MKT:TCGL
|
$1.71 Million |
|
mTouche Technology Bhd
KLSE:0092
|
$1.71 Million |
|
ASIA Capital Group Public Company Limited
BK:ACAP
|
$1.71 Million |
|
DICK'S SPORT GOODS
MU:DSG
|
$1.71 Million |
|
D'IETEREN - Dusseldorf Stock Exchang
DU:DJDA
|
$1.71 Million |
|
Innovation Beverage Group Limited
NASDAQ:IBG
|
$1.71 Million |
|
Mclaren Minerals Ltd
AU:MML
|
$1.70 Million |
|
Menhaden Resource Efficiency PLC
LSE:MHN
|
$1.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Scandinavian Brake Systems A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 45,900,000 to 20,000,000, a change of -25,900,000 (-56.4%).
- Net loss of 25,900,000 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr-25.90 Million | -129.5% |
| Total Change | Dkr- | -56.43% |
Book Value vs Market Value Analysis
This analysis compares Scandinavian Brake Systems A/S'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: 1.96x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.24x to 1.96x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | Dkr50.83 | Dkr12.20 | x |
| 2006-12-31 | Dkr100.88 | Dkr12.20 | x |
| 2008-12-31 | Dkr81.67 | Dkr12.20 | x |
| 2009-12-31 | Dkr-30.04 | Dkr12.20 | x |
| 2010-12-31 | Dkr-29.12 | Dkr12.20 | x |
| 2011-12-31 | Dkr-30.64 | Dkr12.20 | x |
| 2012-12-31 | Dkr-29.23 | Dkr12.20 | x |
| 2013-12-31 | Dkr-27.82 | Dkr12.20 | x |
| 2014-12-31 | Dkr-8.20 | Dkr12.20 | x |
| 2015-12-31 | Dkr-61.34 | Dkr12.20 | x |
| 2016-12-31 | Dkr-57.29 | Dkr12.20 | x |
| 2017-12-31 | Dkr-51.71 | Dkr12.20 | x |
| 2018-12-31 | Dkr-46.81 | Dkr12.20 | x |
| 2019-12-31 | Dkr-45.27 | Dkr12.20 | x |
| 2020-12-31 | Dkr-48.45 | Dkr12.20 | x |
| 2021-12-31 | Dkr18.58 | Dkr12.20 | x |
| 2022-12-31 | Dkr14.31 | Dkr12.20 | x |
| 2023-12-31 | Dkr6.23 | Dkr12.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Scandinavian Brake Systems A/S 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): -129.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.23x
- Recent ROE (-129.50%) is below the historical average (-8.56%), 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 | 18.01% | 4.27% | 1.41x | 2.99x | Dkr13.07 Million |
| 2006 | 7.58% | 3.12% | 0.98x | 2.47x | Dkr-7.83 Million |
| 2008 | 11.21% | 3.64% | 0.68x | 4.50x | Dkr3.17 Million |
| 2009 | 0.00% | 1.76% | 1.12x | 0.00x | Dkr24.85 Million |
| 2010 | 0.00% | 2.24% | 1.25x | 0.00x | Dkr31.02 Million |
| 2011 | 0.00% | 1.45% | 1.32x | 0.00x | Dkr24.67 Million |
| 2012 | 0.00% | 0.61% | 1.23x | 0.00x | Dkr15.16 Million |
| 2013 | 0.00% | 1.33% | 1.35x | 0.00x | Dkr22.64 Million |
| 2014 | 0.00% | 6.09% | 1.67x | 0.00x | Dkr64.33 Million |
| 2015 | 0.00% | -21.94% | 1.69x | 0.00x | Dkr-152.22 Million |
| 2016 | 0.00% | -0.48% | 1.74x | 0.00x | Dkr14.68 Million |
| 2017 | 0.00% | 2.68% | 1.65x | 0.00x | Dkr36.29 Million |
| 2018 | 0.00% | 1.98% | 1.47x | 0.00x | Dkr28.52 Million |
| 2019 | 0.00% | 0.71% | 1.25x | 0.00x | Dkr19.22 Million |
| 2020 | 0.00% | -6.51% | 0.93x | 0.00x | Dkr-14.06 Million |
| 2021 | -31.54% | -237.97% | 0.03x | 3.99x | Dkr-24.76 Million |
| 2022 | -29.85% | -240.35% | 0.02x | 5.00x | Dkr-18.29 Million |
| 2023 | -129.50% | 0.00% | 0.00x | 2.24x | Dkr-27.90 Million |
Industry Comparison
This section compares Scandinavian Brake Systems A/S's net assets metrics with peer companies in the Auto Parts industry.
No peer company data available for comparison.