Trifork Holding AG
Trifork Group AG provides information technology and other business services in Switzerland, Denmark, the United Kingdom, the Netherlands, the United States, and internationally. The company operates through two segments, Trifork and Trifork Labs. The Trifork segment develops software for IT systems; and organizes conferences and trainings on software development. The Trifork Labs segment focuses… Read more
Trifork Holding AG (TRIFOR) - Net Assets
Latest net assets as of September 2025: Dkr135.89 Million DKK
Based on the latest financial reports, Trifork Holding AG (TRIFOR) has net assets worth Dkr135.89 Million DKK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr312.20 Million) and total liabilities (Dkr176.31 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 | Dkr135.89 Million |
| % of Total Assets | 43.53% |
| Annual Growth Rate | 24.28% |
| 5-Year Change | 62.06% |
| 10-Year Change | 396.58% |
| Growth Volatility | 24.82 |
Trifork Holding AG - Net Assets Trend (2012–2024)
This chart illustrates how Trifork Holding AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Trifork Holding AG (2012–2024)
The table below shows the annual net assets of Trifork Holding AG from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr134.82 Million | +10.80% |
| 2023-12-31 | Dkr121.69 Million | +5.44% |
| 2022-12-31 | Dkr115.41 Million | +4.22% |
| 2021-12-31 | Dkr110.74 Million | +33.10% |
| 2020-12-31 | Dkr83.20 Million | +45.11% |
| 2019-12-31 | Dkr57.33 Million | +29.32% |
| 2018-12-31 | Dkr44.34 Million | +33.39% |
| 2017-12-31 | Dkr33.24 Million | +26.38% |
| 2016-12-31 | Dkr26.30 Million | -3.13% |
| 2015-12-31 | Dkr27.15 Million | +95.07% |
| 2014-12-31 | Dkr13.92 Million | +23.79% |
| 2013-12-31 | Dkr11.24 Million | +13.23% |
| 2012-12-31 | Dkr9.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trifork Holding AG'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 1910.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr135.14 Million | 101.01% |
| Common Stock | Dkr1.66 Million | 1.24% |
| Other Comprehensive Income | Dkr2.94 Million | 2.20% |
| Total Equity | Dkr133.79 Million | 100.00% |
Trifork Holding AG Competitors by Market Cap
The table below lists competitors of Trifork Holding AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wereldhave Belgium Naamloze vennootschap
F:WPU
|
$187.82 Million |
|
Wuhan Citms Technology Co Ltd
SHG:688038
|
$187.85 Million |
|
C + F FINL CORP. DL1
F:CFF
|
$187.86 Million |
|
Sichuan Newsnet Media (Group) Co.Ltd.
SHE:300987
|
$187.95 Million |
|
NITTETSU MNG CO.LTD
F:7GI
|
$187.55 Million |
|
Oryzon Genomics S.A
PINK:ORYZF
|
$187.46 Million |
|
Jiujiang Shanshui Technology Co.Ltd
SHE:301190
|
$187.44 Million |
|
Weyco Group Inc
NASDAQ:WEYS
|
$187.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trifork Holding AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 120,788,000 to 133,790,000, a change of 13,002,000 (10.8%).
- Net income of 16,578,000 contributed positively to equity growth.
- Dividend payments of 1,954,000 reduced retained earnings.
- Share repurchases of 1,016,000 reduced equity.
- New share issuances of 375,000 increased equity.
- Other comprehensive income decreased equity by 704,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr16.58 Million | +12.39% |
| Dividends Paid | Dkr1.95 Million | -1.46% |
| Share Repurchases | Dkr1.02 Million | -0.76% |
| Share Issuances | Dkr375.00K | +0.28% |
| Other Comprehensive Income | Dkr-704.00K | -0.53% |
| Other Changes | Dkr-277.00K | -0.21% |
| Total Change | Dkr- | 10.76% |
Book Value vs Market Value Analysis
This analysis compares Trifork Holding AG'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: 12.81x
- 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 169.14x to 12.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Dkr0.52 | Dkr87.40 | x |
| 2013-12-31 | Dkr0.57 | Dkr87.40 | x |
| 2014-12-31 | Dkr0.73 | Dkr87.40 | x |
| 2015-12-31 | Dkr1.31 | Dkr87.40 | x |
| 2016-12-31 | Dkr1.28 | Dkr87.40 | x |
| 2017-12-31 | Dkr1.74 | Dkr87.40 | x |
| 2018-12-31 | Dkr2.15 | Dkr87.40 | x |
| 2019-12-31 | Dkr2.82 | Dkr87.40 | x |
| 2020-12-31 | Dkr4.08 | Dkr87.40 | x |
| 2021-12-31 | Dkr5.69 | Dkr87.40 | x |
| 2022-12-31 | Dkr5.81 | Dkr87.40 | x |
| 2023-12-31 | Dkr6.14 | Dkr87.40 | x |
| 2024-12-31 | Dkr6.82 | Dkr87.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trifork Holding AG 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): 12.39%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.05%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 2.50x
- Recent ROE (12.39%) is below the historical average (25.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 26.42% | 8.10% | 1.12x | 2.90x | Dkr1.50 Million |
| 2013 | 12.06% | 3.43% | 1.23x | 2.85x | Dkr208.30K |
| 2014 | 30.36% | 8.59% | 1.05x | 3.36x | Dkr2.54 Million |
| 2015 | 26.50% | 10.40% | 1.17x | 2.18x | Dkr3.82 Million |
| 2016 | 14.68% | 5.45% | 0.95x | 2.83x | Dkr1.10 Million |
| 2017 | 42.70% | 20.55% | 0.87x | 2.40x | Dkr10.32 Million |
| 2018 | 32.31% | 15.83% | 0.90x | 2.27x | Dkr9.45 Million |
| 2019 | 27.33% | 14.32% | 0.87x | 2.19x | Dkr9.66 Million |
| 2020 | 53.69% | 33.12% | 0.57x | 2.85x | Dkr35.17 Million |
| 2021 | 26.73% | 18.51% | 0.65x | 2.24x | Dkr18.37 Million |
| 2022 | 13.27% | 8.23% | 0.74x | 2.17x | Dkr3.75 Million |
| 2023 | 12.12% | 7.03% | 0.68x | 2.52x | Dkr2.56 Million |
| 2024 | 12.39% | 8.05% | 0.62x | 2.50x | Dkr3.20 Million |
Industry Comparison
This section compares Trifork Holding AG's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $295,701,375
- Average return on equity (ROE) among peers: -39.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trifork Holding AG (TRIFOR) | Dkr135.89 Million | 26.42% | 1.30x | $187.71 Million |
| Columbus A/S (COLUM) | $330.13 Million | 15.39% | 0.67x | $58.26 Million |
| Dataproces Group A/S (DATA) | $5.84 Million | 17.51% | 1.87x | $5.28K |
| Nnit AS (NNIT) | $846.47 Million | 25.48% | 0.88x | $62.36 Million |
| Wirtek A/S (WIRTEK) | $363.00K | -216.80% | 3.29x | $4.14 Million |