Springvest Oyj

HE:SPRING Finland Asset Management
Market Cap
$53.87 Million
€52.48 Million EUR
Market Cap Rank
#41341 Global
#152 in Finland
Share Price
€9.42
Change (1 day)
+0.43%
52-Week Range
€6.48 - €12.50
All Time High
€12.50
About

Springvest Oyj operate as an organizer of public share issues of unlisted growth companies. The company was incorporated in 2012 and is based in Helsinki, Finland.

Springvest Oyj (SPRING) - Net Assets

Latest net assets as of December 2022: €16.38 Million EUR

Based on the latest financial reports, Springvest Oyj (SPRING) has net assets worth €16.38 Million EUR as of December 2022.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€20.28 Million) and total liabilities (€3.89 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 €16.38 Million
% of Total Assets 80.79%
Annual Growth Rate 12.53%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 6.64

Springvest Oyj - Net Assets Trend (2019–2022)

This chart illustrates how Springvest 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 Springvest Oyj (2019–2022)

The table below shows the annual net assets of Springvest Oyj from 2019 to 2022.

Year Net Assets Change
2022-12-31 €16.38 Million +9.83%
2021-12-31 €14.92 Million +6.43%
2020-12-31 €14.01 Million +21.91%
2019-12-31 €11.50 Million --

Equity Component Analysis

This analysis shows how different components contribute to Springvest 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 309.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2022)

Component Amount Percentage
Retained Earnings €631.23K 3.85%
Other Components €15.75 Million 96.15%
Total Equity €16.38 Million 100.00%

Springvest Oyj Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2021 to 2022, total equity changed from 14,915,110 to 16,381,275, a change of 1,466,165 (9.8%).
  • Net income of 590,227 contributed positively to equity growth.
  • Dividend payments of 2,749,500 reduced retained earnings.
  • Other factors increased equity by 3,625,438.

Equity Change Factors (2021 to 2022)

Factor Impact Contribution
Net Income €590.23K +3.6%
Dividends Paid €2.75 Million -16.78%
Other Changes €3.63 Million +22.13%
Total Change €- 9.83%

Book Value vs Market Value Analysis

This analysis compares Springvest 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: 3.16x
  • 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 4.51x to 3.16x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2019-12-31 €2.09 €9.42 x
2020-12-31 €2.55 €9.42 x
2021-12-31 €2.71 €9.42 x
2022-12-31 €2.98 €9.42 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Springvest 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): 3.60%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 15.68%
  • • Asset Turnover: 0.19x
  • • Equity Multiplier: 1.24x
  • Recent ROE (3.60%) is above the historical average (2.99%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2019 2.26% 9.44% 0.19x 1.26x €-889.34K
2020 4.11% 17.89% 0.18x 1.26x €-824.82K
2021 1.98% 7.39% 0.20x 1.32x €-1.20 Million
2022 3.60% 15.68% 0.19x 1.24x €-1.05 Million

Industry Comparison

This section compares Springvest Oyj's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $91,754,866
  • Average return on equity (ROE) among peers: 13.45%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Springvest Oyj (SPRING) €16.38 Million 2.26% 0.24x $87.22K
Alexandria Group Oyj (ALEX) $20.66 Million 18.80% 0.63x $110.35 Million
Pohjanmaan Arvo Sijoitusosuuskunta (ARVOSK) $95.99 Million 3.06% 0.11x $828.16K
CapMan Oyj B (CAPMAN) $194.40 Million 6.78% 0.74x $182.47 Million
eQ Oyj (EQV1V) $20.42 Million -9.33% 0.08x $171.50 Million
Evli Pankki Oyj (EVLI) $137.20 Million 20.99% 1.51x $192.86 Million
Taaleri Oyj (TAALA) $208.65 Million 11.02% 0.48x $108.53 Million
Titanium Oyj (TITAN) $17.64 Million 40.33% 0.25x $65.37 Million
United Bankers Oyj (UNITED) $39.09 Million 15.95% 0.49x $82.07 Million