Ayfie International AS
Ayfie International AS, a search company, provides software products. The company develops site search and knowledge discovery solutions in Norway, Scandinavia, and Europe. Its products include Locator, an enterprise indexing and search software, that helps to find data from various applications and systems; and AppSearch, a plug and play service that eliminates the need for coding and manual pro… Read more
Ayfie International AS (AIX) - Net Assets
Latest net assets as of December 2024: Nkr6.84 Million NOK
Based on the latest financial reports, Ayfie International AS (AIX) has net assets worth Nkr6.84 Million NOK as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr21.61 Million) and total liabilities (Nkr14.77 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 | Nkr6.84 Million |
| % of Total Assets | 31.65% |
| Annual Growth Rate | -45.34% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 25.19 |
Ayfie International AS - Net Assets Trend (2021–2024)
This chart illustrates how Ayfie International AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ayfie International AS (2021–2024)
The table below shows the annual net assets of Ayfie International AS from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr6.84 Million | +370.93% |
| 2023-12-31 | Nkr-2.52 Million | -119.52% |
| 2022-12-31 | Nkr12.94 Million | -69.13% |
| 2021-12-31 | Nkr41.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ayfie International AS'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 3589900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Nkr50.46 Million | 737.63% |
| Total Equity | Nkr6.84 Million | 100.00% |
Ayfie International AS Competitors by Market Cap
The table below lists competitors of Ayfie International AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ALLTAINER AB O.N.
F:70H
|
$3.47K |
|
XCF Global, Inc. Class A Common Stock
NASDAQ:SAFX
|
$3.47K |
|
National Silk and Rayon Mills Limited
KAR:NSRM
|
$3.47K |
|
MicroSalt PLC
LSE:SALT
|
$3.48K |
|
LIVESTOCK FEED LTD (ORDINARY)
SEM:LFL-O
|
$3.46K |
|
CMC Investment JSC
VN:CMC
|
$3.46K |
|
SANGAMO BIOSCIENCES
MU:GBY
|
$3.46K |
|
BK GROUP PLC
XNAI:BKG
|
$3.46K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ayfie International AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,525,000 to 6,841,000, a change of 9,366,000.
- Net loss of 23,289,000 reduced equity.
- New share issuances of 32,200,000 increased equity.
- Other factors increased equity by 455,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-23.29 Million | -340.43% |
| Share Issuances | Nkr32.20 Million | +470.69% |
| Other Changes | Nkr455.00K | +6.65% |
| Total Change | Nkr- | % |
Book Value vs Market Value Analysis
This analysis compares Ayfie International AS'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: 13.18x
- 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 increased from 1.42x to 13.18x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | Nkr3.02 | Nkr4.29 | x |
| 2022-12-31 | Nkr0.93 | Nkr4.29 | x |
| 2023-12-31 | Nkr-0.17 | Nkr4.29 | x |
| 2024-12-31 | Nkr0.33 | Nkr4.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ayfie International AS 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): -340.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -128.23%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 3.16x
- Recent ROE (-340.43%) is below the historical average (-142.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 11.43% | 12.37% | 0.64x | 1.45x | Nkr598.90K |
| 2022 | -241.61% | -121.57% | 0.90x | 2.21x | Nkr-32.55 Million |
| 2023 | 0.00% | -126.06% | 1.96x | 0.00x | Nkr-25.71 Million |
| 2024 | -340.43% | -128.23% | 0.84x | 3.16x | Nkr-23.97 Million |
Industry Comparison
This section compares Ayfie International AS's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $415,395,500
- Average return on equity (ROE) among peers: -3.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ayfie International AS (AIX) | Nkr6.84 Million | 11.43% | 2.16x | $3.47K |
| Huddlestock Fintech As (HUDL) | $32.59 Million | -26.61% | 0.10x | $6.90 Million |
| Idex ASA (IDEX) | $57.29 Million | 0.00% | 0.08x | $14.98 Million |
| SmartCraft ASA (SMCRT) | $765.57 Million | 8.89% | 0.27x | $115.21 Million |
| Volue AS (VOLUE) | $806.14 Million | 2.40% | 1.31x | $183.80 Million |