ADVENICA AB (65R) - Net Assets
Based on the latest financial reports, ADVENICA AB (65R) has net assets worth €114.44 Million EUR (≈ $133.79 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 (€199.78 Million ≈ $233.56 Million USD) and total liabilities (€85.34 Million ≈ $99.78 Million USD). 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. Check how tangible is ADVENICA AB's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €114.44 Million |
| % of Total Assets | 57.28% |
| Annual Growth Rate | 30.41% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 61.58 |
ADVENICA AB - Net Assets Trend (2021–2025)
This chart illustrates how ADVENICA AB's net assets have evolved over time, based on quarterly financial data. See ADVENICA AB (65R) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for ADVENICA AB (2021–2025)
The table below shows the annual net assets of ADVENICA AB from 2021 to 2025. For live valuation and market cap data, see 65R stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €114.44 Million ≈ $133.79 Million |
+12.63% |
| 2024-12-31 | €101.61 Million ≈ $118.79 Million |
+8.40% |
| 2023-12-31 | €93.73 Million ≈ $109.58 Million |
-4.15% |
| 2022-12-31 | €97.79 Million ≈ $114.33 Million |
+147.13% |
| 2021-12-31 | €39.57 Million ≈ $46.26 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ADVENICA AB'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 1459800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €262.88 Million | 229.71% |
| Total Equity | €114.44 Million | 100.00% |
ADVENICA AB Competitors by Market Cap
The table below lists competitors of ADVENICA AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ecos India Mobility & Hospitality Ltd
NSE:ECOSMOBLTY
|
$89.30 Million |
|
Sarla Performance Fibers Limited
NSE:SARLAPOLY
|
$89.39 Million |
|
Agrify Corp
NASDAQ:AGFY
|
$89.44 Million |
|
ChampionsGate Acquisition Corporation Class A Ordinary Share
NASDAQ:CHPG
|
$89.45 Million |
|
Dimerix Ltd
AU:DXB
|
$89.21 Million |
|
Rama Steel Tubes Limited
NSE:RAMASTEEL
|
$89.17 Million |
|
Foncière Volta
PA:SPEL
|
$89.10 Million |
|
WW Holding Inc
TW:8442
|
$89.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ADVENICA AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 101,608,000 to 114,437,000, a change of 12,829,000 (12.6%).
- Net income of 16,571,000 contributed positively to equity growth.
- Dividend payments of 3,959,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €16.57 Million | +14.48% |
| Dividends Paid | €3.96 Million | -3.46% |
| Other Changes | €217.00K | +0.19% |
| Total Change | €- | 12.63% |
Book Value vs Market Value Analysis
This analysis compares ADVENICA AB'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: 0.67x
- 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 1.64x to 0.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €1.06 | €1.74 | x |
| 2022-12-31 | €2.22 | €1.74 | x |
| 2023-12-31 | €2.13 | €1.74 | x |
| 2024-12-31 | €2.31 | €1.74 | x |
| 2025-12-31 | €2.60 | €1.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ADVENICA AB 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): 14.48%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.15%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 1.75x
- Recent ROE (14.48%) is above the historical average (-5.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -43.00% | -16.80% | 0.80x | 3.21x | €-20.97 Million |
| 2022 | -2.03% | -1.68% | 0.66x | 1.83x | €-11.77 Million |
| 2023 | -4.39% | -2.76% | 0.81x | 1.96x | €-13.49 Million |
| 2024 | 7.92% | 4.96% | 0.72x | 2.22x | €-2.11 Million |
| 2025 | 14.48% | 8.15% | 1.02x | 1.75x | €5.13 Million |
Industry Comparison
This section compares ADVENICA AB's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $2,193,751,500
- Average return on equity (ROE) among peers: -87.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ADVENICA AB (65R) | €114.44 Million | -43.00% | 0.75x | $89.27 Million |
| StoneCo Ltd (0Q0) | $11.03 Billion | 21.02% | 4.65x | $2.41 Billion |
| ADYEN NV UNSP.ADR/001 (1N8U) | $3.15 Billion | 22.16% | 2.04x | $30.86 Billion |
| QBRICK AB (PUBL) (2A8) | $14.23 Million | -86.06% | 1.11x | $21.85K |
| Endava plc (2Y5) | $236.33 Million | 9.06% | 0.53x | $110.08 Million |
| VIVOPOWER INTL. DL -012 (51J) | $3.75 Million | -650.16% | 15.40x | $42.65 Million |
| NOWVERTICAL GROUP INC. (5XQ) | $10.76 Million | -128.78% | 0.96x | $8.42 Million |
| BAIRONG INC.CL.B -00002 (6B5) | $4.31 Billion | 5.56% | 0.22x | $240.13 Million |
| XPLUS SA ZY -01 (75R) | $20.49 Million | 31.41% | 0.94x | $31.62 Million |
| TUYA INC.ADR/1A (785) | $962.17 Million | -15.19% | 0.10x | $1.11 Billion |
About ADVENICA AB
Advenica AB (publ) develops and sells security solutions for defense and authority, and business customers in Sweden, Finland, and internationally. The company offers data diodes, engine, services, and guards; ZoneGuard, a gateway for controlling two-way filtered information flow supporting third party control for enforcing digitally signed information policy; ZoneGuard Services; encryption syste… Read more