CodeLab Capital A/S (CODE) - Net Assets
Based on the latest financial reports, CodeLab Capital A/S (CODE) has net assets worth Nkr29.36 Million NOK (≈ $3.09 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr58.82 Million ≈ $6.19 Million USD) and total liabilities (Nkr29.46 Million ≈ $3.10 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 CODE total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr29.36 Million |
| % of Total Assets | 49.91% |
| Annual Growth Rate | -55.53% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 60.0 |
CodeLab Capital A/S - Net Assets Trend (2021–2025)
This chart illustrates how CodeLab Capital A/S's net assets have evolved over time, based on quarterly financial data. Check CodeLab Capital A/S tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for CodeLab Capital A/S (2021–2025)
The table below shows the annual net assets of CodeLab Capital A/S from 2021 to 2025. For live valuation and market cap data, see market value of CodeLab Capital A/S.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr29.36 Million ≈ $3.09 Million |
+63.95% |
| 2024-12-31 | Nkr17.91 Million ≈ $1.88 Million |
-86.59% |
| 2023-12-31 | Nkr133.55 Million ≈ $14.05 Million |
-77.72% |
| 2022-12-31 | Nkr599.42 Million ≈ $63.08 Million |
-20.17% |
| 2021-12-31 | Nkr750.90 Million ≈ $79.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CodeLab Capital A/S'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 706277200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Nkr35.70 Million | 124.66% |
| Total Equity | Nkr28.64 Million | 100.00% |
CodeLab Capital A/S Competitors by Market Cap
The table below lists competitors of CodeLab Capital A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cemtrex Inc
NASDAQ:CETX
|
$4.73 Million |
|
Qualigen Therapeutics Inc
NASDAQ:QLGN
|
$4.74 Million |
|
Foresight Solar Fund Ltd
LSE:FSFL
|
$4.74 Million |
|
Masivo Silver Corp
V:MASS
|
$4.74 Million |
|
KST Beteiligungs AG
F:KSW
|
$4.72 Million |
|
JPMorgan Asia Growth & Income plc
LSE:JAGI
|
$4.72 Million |
|
Polar Capital Global Financials Trust plc
LSE:PCFT
|
$4.71 Million |
|
Bluelinea SA
PA:ALBLU
|
$4.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CodeLab Capital A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,906,144 to 28,636,203, a change of 10,730,059 (59.9%).
- Net loss of 14,875,773 reduced equity.
- New share issuances of 14,399,994 increased equity.
- Other factors increased equity by 11,205,838.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-14.88 Million | -51.95% |
| Share Issuances | Nkr14.40 Million | +50.29% |
| Other Changes | Nkr11.21 Million | +39.13% |
| Total Change | Nkr- | 59.92% |
Book Value vs Market Value Analysis
This analysis compares CodeLab Capital A/S'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: 1.57x
- 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 0.02x to 1.57x 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 | Nkr188.80 | Nkr3.11 | x |
| 2022-12-31 | Nkr150.71 | Nkr3.11 | x |
| 2023-12-31 | Nkr33.58 | Nkr3.11 | x |
| 2024-12-31 | Nkr2.62 | Nkr3.11 | x |
| 2025-12-31 | Nkr1.98 | Nkr3.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CodeLab Capital A/S 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): -51.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -139.59%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 2.05x
- Recent ROE (-51.95%) is above the historical average (-182.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -12.23% | -44.00% | 0.18x | 1.53x | Nkr-166.90 Million |
| 2022 | -25.79% | -79.27% | 0.21x | 1.53x | Nkr-214.53 Million |
| 2023 | 22.49% | 50.77% | 0.43x | 1.03x | Nkr16.69 Million |
| 2024 | -842.64% | -60501.91% | 0.01x | 1.15x | Nkr-152.68 Million |
| 2025 | -51.95% | -139.59% | 0.18x | 2.05x | Nkr-17.74 Million |
Industry Comparison
This section compares CodeLab Capital A/S's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $40,093,340
- Average return on equity (ROE) among peers: -75.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CodeLab Capital A/S (CODE) | Nkr29.36 Million | -12.23% | 1.00x | $4.73 Million |
| ContextVision AB (CONTX) | $43.84 Million | 8.44% | 0.17x | $25.64 Million |
| Induct AS (INDCT) | $2.81 Million | -223.42% | 5.57x | $2.98 Million |
| Nordhealth AS (NORDH) | $73.63 Million | -10.42% | 0.13x | $112.50 Million |
About CodeLab Capital A/S
CodeLab Capital AS provides software development tools in Norway and internationally. The company was formerly known as PatientSky Group AS and changed its name to CodeLab Capital AS in May 2023. CodeLab Capital AS was founded in 2014 and is headquartered in Trondheim, Norway.