Innofactor Oyj

HE:IFA1V Finland Software - Application
Market Cap
$62.82 Million
€61.20 Million EUR
Market Cap Rank
#27481 Global
#111 in Finland
Share Price
€1.71
Change (1 day)
+0.00%
52-Week Range
€1.69 - €1.72
All Time High
€1.74
About

Innofactor Oyj develops software for business-critical IT solutions, project deliveries, implementation support, and maintenance services. The company provides platforms for cloud infrastructure, data and analytics, modern work and security, and managed services. It also provides effective agile teams to implement customized solutions for process digitalization, integrations and low-code applicat… Read more

Innofactor Oyj (IFA1V) - Net Assets

Latest net assets as of June 2024: €24.43 Million EUR

Based on the latest financial reports, Innofactor Oyj (IFA1V) has net assets worth €24.43 Million EUR as of June 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€51.23 Million) and total liabilities (€26.80 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 €24.43 Million
% of Total Assets 47.69%
Annual Growth Rate -3.26%
5-Year Change -1.06%
10-Year Change -5.46%
Growth Volatility 38.69

Innofactor Oyj - Net Assets Trend (1999–2024)

This chart illustrates how Innofactor Oyj's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Innofactor Oyj (1999–2024)

The table below shows the annual net assets of Innofactor Oyj from 1999 to 2024.

Year Net Assets Change
2024-12-31 €23.20 Million -8.98%
2023-12-31 €25.48 Million +2.76%
2022-12-31 €24.80 Million -2.38%
2021-12-31 €25.40 Million +8.36%
2020-12-31 €23.44 Million +5.87%
2019-12-31 €22.14 Million +3.96%
2018-12-31 €21.30 Million -15.13%
2017-12-31 €25.10 Million +11.56%
2016-12-31 €22.50 Million -8.29%
2015-12-31 €24.53 Million +8.02%
2014-12-31 €22.71 Million +15.73%
2013-12-31 €19.63 Million +42.63%
2012-12-31 €13.76 Million +6.63%
2011-12-31 €12.90 Million +5.11%
2010-12-31 €12.28 Million +466.95%
2009-12-31 €-3.35 Million +5.85%
2008-12-31 €-3.55 Million -30.76%
2007-12-31 €-2.72 Million -7.81%
2006-12-31 €-2.52 Million -223.62%
2005-12-31 €-779.00K -133.22%
2004-12-31 €2.35 Million -66.75%
2003-12-31 €7.05 Million -49.89%
2002-12-31 €14.07 Million -38.31%
2001-12-31 €22.81 Million -57.01%
1999-12-31 €53.06 Million --

Equity Component Analysis

This analysis shows how different components contribute to Innofactor Oyj'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 1251400000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €12.51 Million 53.95%
Other Components €10.68 Million 46.05%
Total Equity €23.20 Million 100.00%

Innofactor Oyj Competitors by Market Cap

The table below lists competitors of Innofactor Oyj ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Innofactor Oyj's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 25,483,000 to 23,195,000, a change of -2,288,000 (-9.0%).
  • Net income of 263,000 contributed positively to equity growth.
  • Dividend payments of 2,502,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 13,178,000.
  • Other factors increased equity by 13,129,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €263.00K +1.13%
Dividends Paid €2.50 Million -10.79%
Other Comprehensive Income €-13.18 Million -56.81%
Other Changes €13.13 Million +56.6%
Total Change €- -8.98%

Book Value vs Market Value Analysis

This analysis compares Innofactor Oyj'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: 2.64x
  • 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 0.98x to 2.64x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-12-31 €1.75 €1.71 x
2003-12-31 €0.82 €1.71 x
2004-12-31 €0.29 €1.71 x
2005-12-31 €-0.12 €1.71 x
2006-12-31 €-0.39 €1.71 x
2007-12-31 €-0.42 €1.71 x
2008-12-31 €-0.55 €1.71 x
2009-12-31 €-0.21 €1.71 x
2010-12-31 €0.67 €1.71 x
2011-12-31 €0.44 €1.71 x
2012-12-31 €0.46 €1.71 x
2013-12-31 €0.60 €1.71 x
2014-12-31 €0.71 €1.71 x
2015-12-31 €0.75 €1.71 x
2016-12-31 €0.68 €1.71 x
2017-12-31 €0.71 €1.71 x
2018-12-31 €0.59 €1.71 x
2019-12-31 €0.60 €1.71 x
2020-12-31 €0.63 €1.71 x
2021-12-31 €0.68 €1.71 x
2022-12-31 €0.68 €1.71 x
2023-12-31 €0.69 €1.71 x
2024-12-31 €0.65 €1.71 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Innofactor Oyj 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): 1.13%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.34%
  • • Asset Turnover: 1.53x
  • • Equity Multiplier: 2.19x
  • Recent ROE (1.13%) is above the historical average (-16.68%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 -133.51% -68.18% 1.17x 1.67x €-20.20 Million
2003 -121.50% -35.57% 1.26x 2.72x €-9.27 Million
2004 -206.14% -27.92% 1.26x 5.85x €-5.07 Million
2005 0.00% -67.60% 0.50x 0.00x €-3.08 Million
2006 0.00% -44.30% 0.63x 0.00x €-1.49 Million
2007 0.00% -5.17% 0.83x 0.00x €74.80K
2008 0.00% -21.79% 0.98x 0.00x €-480.60K
2009 0.00% 4.80% 1.18x 0.00x €542.60K
2010 4.11% 5.12% 0.47x 1.69x €-722.80K
2011 5.32% 3.99% 0.94x 1.42x €-603.50K
2012 3.26% 2.39% 0.85x 1.61x €-927.00K
2013 7.17% 4.30% 0.70x 2.38x €-555.60K
2014 7.96% 4.10% 0.93x 2.10x €-464.30K
2015 6.31% 3.48% 1.01x 1.79x €-905.40K
2016 6.83% 2.58% 0.94x 2.83x €-714.10K
2017 -3.69% -1.40% 1.13x 2.33x €-3.44 Million
2018 -14.96% -5.05% 1.22x 2.44x €-5.32 Million
2019 1.89% 0.65% 1.15x 2.52x €-1.80 Million
2020 7.51% 2.66% 1.17x 2.41x €-583.40K
2021 17.73% 6.79% 1.30x 2.01x €1.96 Million
2022 13.39% 4.67% 1.27x 2.25x €840.10K
2023 13.49% 4.28% 1.47x 2.14x €889.70K
2024 1.13% 0.34% 1.53x 2.19x €-2.06 Million

Industry Comparison

This section compares Innofactor Oyj's net assets metrics with peer companies in the Software - Application industry.

Industry Context

  • Industry: Software - Application
  • Average net assets among peers: $16,787,457
  • Average return on equity (ROE) among peers: 8.67%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Innofactor Oyj (IFA1V) €24.43 Million -133.51% 1.10x $12.65 Million
Admicom Oyj (ADMCM) $29.32 Million 21.54% 0.32x $149.87 Million
Digitalist Group Oyj (DIGIGR) $19.18 Million -31.22% 1.72x $817.05K
LeadDesk Oyj (LEADD) $724.77K 46.18% 6.17x $24.30 Million
Lemonsoft Oyj (LEMON) $5.51 Million 45.06% 0.37x $16.33 Million
QPR Software Oyj (QPR1V) $2.87 Million 11.14% 1.24x $5.17 Million
Tecnotree Oyj (TEM1V) $34.53 Million -49.23% 1.37x $42.21 Million
Vincit Group Oyj (VINCIT) $25.37 Million 17.21% 0.38x $22.07 Million