Rush Factory Oyj

HE:RUSH Finland Specialty Business Services
Market Cap
$1.60 Million
€1.56 Million EUR
Market Cap Rank
#36378 Global
#145 in Finland
Share Price
€0.66
Change (1 day)
+0.00%
52-Week Range
€0.66 - €0.66
All Time High
€4.07
About

Rush Factory Oyj, an event organizer, develops and implements sports and experience event tours in Europe. The company is based in Rauma, Finland.

Rush Factory Oyj (RUSH) - Net Assets

Latest net assets as of June 2024: €-964.90K EUR

Based on the latest financial reports, Rush Factory Oyj (RUSH) has net assets worth €-964.90K EUR as of June 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.78 Million) and total liabilities (€3.75 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 €-964.90K
% of Total Assets -34.67%
Annual Growth Rate N/A
5-Year Change -135.97%
10-Year Change N/A
Growth Volatility 662.36

Rush Factory Oyj - Net Assets Trend (2018–2023)

This chart illustrates how Rush Factory 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 Rush Factory Oyj (2018–2023)

The table below shows the annual net assets of Rush Factory Oyj from 2018 to 2023.

Year Net Assets Change
2023-12-31 €-583.80K -24.15%
2022-12-31 €-470.24K -158.20%
2021-12-31 €807.98K +1444.16%
2020-12-31 €52.33K -96.78%
2019-12-31 €1.62 Million +19.93%
2018-12-31 €1.35 Million --

Equity Component Analysis

This analysis shows how different components contribute to Rush Factory 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 decreased by 229999457.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Common Stock €250.00K %
Other Comprehensive Income €1.84 Million %
Other Components €390.56K %
Total Equity €-583.80K 100.00%

Rush Factory Oyj Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2022 to 2023, total equity changed from -470,241 to -583,800, a change of -113,559.
  • Net loss of 72,529 reduced equity.
  • Other comprehensive income decreased equity by 41,031.
  • Other factors increased equity by 1.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income €-72.53K -12.42%
Other Comprehensive Income €-41.03K -7.03%
Other Changes €0.97 +0.0%
Total Change €- %

Book Value vs Market Value Analysis

This analysis compares Rush Factory 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

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2018-12-31 €0.58 €0.66 x
2019-12-31 €0.69 €0.66 x
2020-12-31 €0.02 €0.66 x
2021-12-31 €0.34 €0.66 x
2022-12-31 €-0.20 €0.66 x
2023-12-31 €-0.25 €0.66 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Rush Factory 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): 0.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -2.26%
  • • Asset Turnover: 1.34x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is above the historical average (-502.51%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2018 -56.16% -73.98% 0.37x 2.05x €-895.34K
2019 17.37% 6.97% 1.37x 1.81x €119.61K
2020 -3032.53% -1050.79% 0.06x 51.98x €-1.59 Million
2021 56.29% 10.72% 1.80x 2.92x €374.02K
2022 0.00% -44.42% 1.20x 0.00x €-1.26 Million
2023 0.00% -2.26% 1.34x 0.00x €-14.15K

Industry Comparison

This section compares Rush Factory Oyj's net assets metrics with peer companies in the Specialty Business Services industry.

Industry Context

  • Industry: Specialty Business Services
  • Average net assets among peers: $30,780,641
  • Average return on equity (ROE) among peers: 9.60%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Rush Factory Oyj (RUSH) €-964.90K -56.16% N/A $862.73K
Aallon Group Oyj (AALLON) $8.86 Million 10.84% 0.45x $35.93 Million
Enersense International Oyj (ESENSE) $2.81 Million 35.43% 4.20x $12.28 Million
Fondia Oyj (FONDIA) $6.10 Million 5.85% 0.71x $16.02 Million
Lamor Corporation Oyj (LAMOR) $65.93 Million 3.83% 1.48x $14.86 Million
Panostaja Oyj (PNA1V) $45.17 Million -4.39% 1.94x $6.32 Million
Talenom Oyj (TNOM) $55.81 Million 6.02% 2.15x $42.88 Million