Vincit Group Oyj Net Assets

Latest as of June 2025: €32.12 Million EUR ≈ $37.55 Million USD

Vincit Group Oyj net assets. Based on the latest financial reports, Vincit Group Oyj (VINCIT) has net assets worth €32.12 Million EUR (≈ $37.55 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€55.61 Million ≈ $65.01 Million USD) and total liabilities (€23.49 Million ≈ $27.46 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. Also explore VINCIT shareholders equity momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€32.12 Million
% of Total Assets	57.76%
Annual Growth Rate	20.39%
5-Year Change	22.3%
10-Year Change	411.37%
Growth Volatility	30.87

Net Assets of Vincit Group Oyj (2013–2024)

Net assets of Vincit Group Oyj from 2013 to 2024. This chart illustrates how Vincit Group Oyj's net assets have evolved over time, based on quarterly financial data. See Vincit Group Oyj (VINCIT) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Net Assets for Vincit Group Oyj (2013–2024)

The table below shows the annual net assets of Vincit Group Oyj from 2013 to 2024. For live market cap and overall valuation, see VINCIT stock market capitalisation.

Year	Net Assets	Change
2024-12-31	€31.03 Million ≈ $36.27 Million	-14.10%
2023-12-31	€36.12 Million ≈ $42.22 Million	-13.09%
2022-12-31	€41.56 Million ≈ $48.58 Million	+51.48%
2021-12-31	€27.43 Million ≈ $32.07 Million	+8.14%
2020-12-31	€25.37 Million ≈ $29.66 Million	+15.06%
2019-12-31	€22.05 Million ≈ $25.78 Million	+1.97%
2018-12-31	€21.62 Million ≈ $25.28 Million	+48.50%
2017-12-31	€14.56 Million ≈ $17.02 Million	+23.15%
2016-12-31	€11.82 Million ≈ $13.82 Million	+94.87%
2015-12-31	€6.07 Million ≈ $7.09 Million	+8.46%
2014-12-31	€5.59 Million ≈ $6.54 Million	+38.82%
2013-12-31	€4.03 Million ≈ $4.71 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Vincit Group 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 184.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Vincit Group Oyj Net Assets Breakdown (December 2024)

Vincit Group Oyj net assets breakdown by equity component as of December 2024.

Component	Amount	Percentage
Common Stock	€545.00K	1.76%
Other Comprehensive Income	€33.74 Million	108.74%
Total Equity	€31.03 Million	100.00%

Vincit Group Oyj Competitors by Market Cap

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

Company	Market Cap
Radiopharm Theranostics Limited American Depositary Shares NASDAQ:RADX	$15.62 Million
Saudee Group Bhd KLSE:5157	$15.62 Million
Lee Swee Kiat Group Bhd KLSE:8079	$15.63 Million
Quantum Software SA WAR:QNT	$15.63 Million
Scisparc Ltd NASDAQ:SPRC	$15.60 Million
LogProstyle Inc. NYSE MKT:LGPS	$15.60 Million
Matching Maximize Solution Public Company Limited BK:MATCH	$15.59 Million
J and Friends Holdings Limited NASDAQ:JF	$15.59 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 36,093,090 to 31,025,106, a change of -5,067,984 (-14.0%).
Net loss of 3,614,038 reduced equity.
Dividend payments of 1,663,669 reduced retained earnings.
Other comprehensive income increased equity by 462,303.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	€-3.61 Million	-11.65%
Dividends Paid	€1.66 Million	-5.36%
Other Comprehensive Income	€462.30K	+1.49%
Other Changes	€-252.58K	-0.81%
Total Change	€-	-14.04%

Book Value vs Market Value Analysis

This analysis compares Vincit Group 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: 0.44x
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 1.57x to 0.44x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2014-12-31	€0.51	€0.80	x
2015-12-31	€0.53	€0.80	x
2016-12-31	€1.04	€0.80	x
2017-12-31	€1.29	€0.80	x
2018-12-31	€1.82	€0.80	x
2019-12-31	€1.79	€0.80	x
2020-12-31	€2.03	€0.80	x
2021-12-31	€2.16	€0.80	x
2022-12-31	€2.80	€0.80	x
2023-12-31	€2.13	€0.80	x
2024-12-31	€1.83	€0.80	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Vincit Group 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): -11.65%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -4.27%
• Asset Turnover: 1.77x
• Equity Multiplier: 1.54x
Recent ROE (-11.65%) is below the historical average (17.10%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	17.73%	13.13%	1.10x	1.23x	€311.66K
2014	33.70%	20.45%	1.30x	1.27x	€1.33 Million
2015	68.74%	15.48%	1.45x	3.05x	€3.45 Million
2016	19.22%	6.81%	1.61x	1.76x	€1.05 Million
2017	18.66%	6.45%	1.36x	2.13x	€1.23 Million
2018	30.14%	14.60%	1.40x	1.47x	€4.24 Million
2019	6.49%	2.87%	1.55x	1.46x	€-750.07K
2020	17.69%	8.34%	1.50x	1.42x	€1.90 Million
2021	13.08%	5.65%	1.57x	1.47x	€817.98K
2022	-0.67%	-0.33%	1.37x	1.50x	€-4.40 Million
2023	-7.91%	-2.91%	1.72x	1.58x	€-6.46 Million
2024	-11.65%	-4.27%	1.77x	1.54x	€-6.72 Million

Industry Comparison

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

Industry Context

Industry: Software - Application
Average net assets among peers: $35,362,887
Average return on equity (ROE) among peers: 10.48%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Vincit Group Oyj (VINCIT)	€32.12 Million	17.73%	0.73x	$15.61 Million
Admicom Oyj (ADMCM)	$31.51 Million	25.56%	0.20x	$162.18 Million
Digitalist Group Oyj (DIGIGR)	$42.84 Million	0.00%	0.55x	$3.68 Million
Lemonsoft Oyj (LEMON)	$30.42 Million	17.43%	0.61x	$103.64 Million
QPR Software Oyj (QPR1V)	$2.58 Million	20.08%	1.67x	$11.58 Million
Qt Group Oyj (QTCOM)	$18.32 Million	-13.05%	1.12x	$796.78 Million
Tecnotree Oyj (TEM1V)	$86.52 Million	12.89%	0.48x	$72.17 Million

About Vincit Group Oyj

HE:VINCIT Finland Software - Application

Market Cap

$15.61 Million

€13.35 Million EUR

Market Cap Rank

#25724 Global

#138 in Finland

Share Price

€0.80

Change (1 day)

-2.44%

52-Week Range

€0.80 - €1.40

All Time High

€10.09