GreenMerc AB (publ)
GreenMerc AB (publ), a fintech company, provides a software platform for digital assets and traditional fintech services in Sweden. It operates Trijo, a crypto exchange platform for trading digital assets. The company was incorporated in 2021 and is based in Stockholm, Sweden.
GreenMerc AB (publ) (L5L) - Net Assets
Latest net assets as of September 2025: €56.68 Million EUR
Based on the latest financial reports, GreenMerc AB (publ) (L5L) has net assets worth €56.68 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€58.44 Million) and total liabilities (€1.76 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 | €56.68 Million |
| % of Total Assets | 96.99% |
| Annual Growth Rate | 183.44% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 127.03 |
GreenMerc AB (publ) - Net Assets Trend (2022–2024)
This chart illustrates how GreenMerc 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 GreenMerc AB (publ) (2022–2024)
The table below shows the annual net assets of GreenMerc AB (publ) from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €46.33 Million | +337.81% |
| 2023-12-31 | €10.58 Million | +83.76% |
| 2022-12-31 | €5.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GreenMerc 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 625800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €864.00K | 1.87% |
| Other Components | €52.78 Million | 113.93% |
| Total Equity | €46.33 Million | 100.00% |
GreenMerc AB (publ) Competitors by Market Cap
The table below lists competitors of GreenMerc AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korea Refract
KO:010040
|
$5.93 Million |
|
E79 Gold Mines Ltd
AU:E79
|
$5.94 Million |
|
Viettronics Tan Binh JSC
VN:VTB
|
$5.94 Million |
|
China Jo-Jo Drugstores Inc
NASDAQ:CJJD
|
$5.94 Million |
|
PT Graha Prima Mentari Tbk
JK:GRPM
|
$5.93 Million |
|
China Times Publishing Co
TWO:8923
|
$5.92 Million |
|
Pinelawn Cemetery
PINK:PLWN
|
$5.92 Million |
|
Dorsavi Ltd
AU:DVL
|
$5.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GreenMerc AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,581,000 to 46,325,000, a change of 35,744,000 (337.8%).
- Net income of 11,941,000 contributed positively to equity growth.
- New share issuances of 38,603,000 increased equity.
- Other factors decreased equity by 14,800,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €11.94 Million | +25.78% |
| Share Issuances | €38.60 Million | +83.33% |
| Other Changes | €-14.80 Million | -31.95% |
| Total Change | €- | 337.81% |
Book Value vs Market Value Analysis
This analysis compares GreenMerc 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: 0.13x
- 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 0.82x to 0.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | €0.39 | €0.32 | x |
| 2023-12-31 | €0.71 | €0.32 | x |
| 2024-12-31 | €2.44 | €0.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GreenMerc 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): 25.78%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.74%
- • Asset Turnover: 14.12x
- • Equity Multiplier: 1.05x
- Recent ROE (25.78%) is above the historical average (4.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 16.86% | 229.55% | 0.03x | 2.41x | €395.20K |
| 2023 | -30.63% | -1.69% | 14.89x | 1.22x | €-4.30 Million |
| 2024 | 25.78% | 1.74% | 14.12x | 1.05x | €7.31 Million |
Industry Comparison
This section compares GreenMerc AB (publ)'s net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $10,985,242,611
- Average return on equity (ROE) among peers: -17.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GreenMerc AB (publ) (L5L) | €56.68 Million | 16.86% | 0.03x | $5.93 Million |
| Bright Smart Securities & Commodities Group Limited (0BX) | $2.13 Billion | 33.04% | 6.44x | $877.25 Million |
| BIGG Digital Assets Inc (7111) | $14.75 Million | -19.99% | 1.01x | $11.85 Million |
| Berliner Effektengesellschaft AG (BFV) | $235.36 Million | 24.44% | 0.77x | $105.19 Million |
| Baader Bank Aktiengesellschaft (BWB) | $165.51 Million | 1.69% | 22.79x | $96.48 Million |
| CBEYOND (C5B) | $860.03K | -181.67% | 0.17x | $1.56 Million |
| Instant Group AG (CCB) | $2.10 Million | 30.51% | 0.39x | $18.97K |
| CASH Financial Services Group Limited (CFN0) | $331.47 Million | -19.24% | 2.57x | $8.21 Million |
| CSC Financial Co. Ltd (CS0) | $106.52 Billion | 6.78% | 4.32x | $5.32 Billion |
| DF Deutsche Forfait AG (DFTK) | $15.38 Million | 44.27% | 1.16x | $2.02 Million |
| IREN Limited (F8P) | $437.36 Million | -95.98% | 0.30x | $9.41 Billion |