Freelance.Com (ALFRE) - Net Assets
Based on the latest financial reports, Freelance.Com (ALFRE) has net assets worth €185.50 Million EUR (≈ $216.87 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 (€549.80 Million ≈ $642.77 Million USD) and total liabilities (€364.30 Million ≈ $425.90 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. Check how resilient are Freelance.Com's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €185.50 Million |
| % of Total Assets | 33.74% |
| Annual Growth Rate | 51.57% |
| 5-Year Change | 59.07% |
| 10-Year Change | 741.54% |
| Growth Volatility | 1276.77 |
Freelance.Com - Net Assets Trend (2002–2025)
This chart illustrates how Freelance.Com's net assets have evolved over time, based on quarterly financial data. Also explore ALFRE total assets for the complete picture of this company's asset base.
Annual Net Assets for Freelance.Com (2002–2025)
The table below shows the annual net assets of Freelance.Com from 2002 to 2025. For live valuation and market cap data, see Freelance.Com (ALFRE) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €185.50 Million ≈ $216.87 Million |
+11.16% |
| 2024-12-31 | €166.88 Million ≈ $195.09 Million |
+8.61% |
| 2023-12-31 | €153.65 Million ≈ $179.63 Million |
+11.44% |
| 2022-12-31 | €137.88 Million ≈ $161.20 Million |
+18.24% |
| 2021-12-31 | €116.61 Million ≈ $136.33 Million |
+138.35% |
| 2020-12-31 | €48.92 Million ≈ $57.20 Million |
+23.12% |
| 2019-12-31 | €39.74 Million ≈ $46.46 Million |
+18.55% |
| 2018-12-31 | €33.52 Million ≈ $39.19 Million |
+40.13% |
| 2017-12-31 | €23.92 Million ≈ $27.96 Million |
+8.52% |
| 2016-12-31 | €22.04 Million ≈ $25.77 Million |
+640.50% |
| 2015-12-31 | €-4.08 Million ≈ $-4.77 Million |
-52.17% |
| 2014-12-31 | €-2.68 Million ≈ $-3.13 Million |
-6.86% |
| 2013-12-31 | €-2.51 Million ≈ $-2.93 Million |
-8.23% |
| 2012-12-31 | €-2.32 Million ≈ $-2.71 Million |
-31.27% |
| 2011-12-31 | €-1.77 Million ≈ $-2.06 Million |
-319.49% |
| 2010-12-31 | €-420.83K ≈ $-492.00K |
+9.70% |
| 2009-12-31 | €-466.06K ≈ $-544.87K |
-155.46% |
| 2008-12-31 | €840.36K ≈ $982.47K |
-62.42% |
| 2007-12-31 | €2.24 Million ≈ $2.61 Million |
+15.65% |
| 2006-12-31 | €1.93 Million ≈ $2.26 Million |
+1.40% |
| 2005-12-31 | €1.91 Million ≈ $2.23 Million |
+493.87% |
| 2004-12-31 | €-484.17K ≈ $-566.04K |
+23.15% |
| 2003-12-31 | €-630.00K ≈ $-736.54K |
-4946.15% |
| 2002-12-31 | €13.00K ≈ $15.20K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Freelance.Com'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 2334600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €23.35 Million | 12.59% |
| Other Components | €162.05 Million | 87.41% |
| Total Equity | €185.40 Million | 100.00% |
Freelance.Com Competitors by Market Cap
The table below lists competitors of Freelance.Com ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spigen Korea Co. Ltd
KQ:192440
|
$122.05 Million |
|
Adriano Care SOCIMI SAU
MC:YADR
|
$122.09 Million |
|
Yellow Pages Limited
TO:Y
|
$122.10 Million |
|
Macpower CNC Machines Limited
NSE:MACPOWER
|
$122.13 Million |
|
OBI Pharma
TWO:4174
|
$122.00 Million |
|
Daishin Securities Co Ltd Pref 2
KO:003547
|
$121.93 Million |
|
ADF Group Inc.
TO:DRX
|
$121.93 Million |
|
Raj Rayon Industries Limited
NSE:RAJRILTD
|
$121.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Freelance.Com's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 166,608,000 to 185,400,000, a change of 18,792,000 (11.3%).
- Net income of 23,400,000 contributed positively to equity growth.
- Dividend payments of 4,700,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,676,000.
- Other factors increased equity by 2,768,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €23.40 Million | +12.62% |
| Dividends Paid | €4.70 Million | -2.54% |
| Other Comprehensive Income | €-2.68 Million | -1.44% |
| Other Changes | €2.77 Million | +1.49% |
| Total Change | €- | 11.28% |
Book Value vs Market Value Analysis
This analysis compares Freelance.Com'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: 0.75x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | €-0.18 | €2.43 | x |
| 2005-12-31 | €0.68 | €2.43 | x |
| 2006-12-31 | €0.64 | €2.43 | x |
| 2007-12-31 | €0.72 | €2.43 | x |
| 2008-12-31 | €0.27 | €2.43 | x |
| 2009-12-31 | €-0.16 | €2.43 | x |
| 2010-12-31 | €-0.20 | €2.43 | x |
| 2011-12-31 | €-0.68 | €2.43 | x |
| 2012-12-31 | €-0.89 | €2.43 | x |
| 2013-12-31 | €-0.99 | €2.43 | x |
| 2014-12-31 | €-1.09 | €2.43 | x |
| 2015-12-31 | €-1.34 | €2.43 | x |
| 2016-12-31 | €0.71 | €2.43 | x |
| 2017-12-31 | €0.75 | €2.43 | x |
| 2018-12-31 | €0.83 | €2.43 | x |
| 2019-12-31 | €0.85 | €2.43 | x |
| 2020-12-31 | €1.01 | €2.43 | x |
| 2021-12-31 | €2.83 | €2.43 | x |
| 2022-12-31 | €2.45 | €2.43 | x |
| 2023-12-31 | €2.75 | €2.43 | x |
| 2024-12-31 | €2.93 | €2.43 | x |
| 2025-12-31 | €3.25 | €2.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Freelance.Com 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): 12.62%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.22%
- • Asset Turnover: 1.91x
- • Equity Multiplier: 2.97x
- Recent ROE (12.62%) 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 |
|---|---|---|---|---|---|
| 2004 | 0.00% | 0.57% | 3.10x | 0.00x | €199.95K |
| 2005 | 56.01% | 3.48% | 2.52x | 6.38x | €876.21K |
| 2006 | 12.30% | 0.63% | 1.96x | 10.00x | €44.49K |
| 2007 | 14.80% | 0.67% | 2.38x | 9.23x | €107.26K |
| 2008 | -131.01% | -2.24% | 2.59x | 22.53x | €-1.20 Million |
| 2010 | 0.00% | 0.62% | 2.59x | 0.00x | €332.90K |
| 2011 | 0.00% | -2.01% | 2.68x | 0.00x | €-819.38K |
| 2012 | 0.00% | -1.11% | 3.01x | 0.00x | €-309.56K |
| 2013 | 0.00% | -0.48% | 3.00x | 0.00x | €50.12K |
| 2014 | 0.00% | -0.48% | 3.01x | 0.00x | €76.38K |
| 2015 | 0.00% | -7.18% | 3.29x | 0.00x | €-2.25 Million |
| 2016 | 1.36% | 0.67% | 0.50x | 4.07x | €-1.88 Million |
| 2017 | 9.27% | 1.42% | 1.57x | 4.18x | €-171.90K |
| 2018 | 13.27% | 2.37% | 1.71x | 3.28x | €1.10 Million |
| 2019 | 14.86% | 2.49% | 1.81x | 3.29x | €1.93 Million |
| 2020 | 17.33% | 2.55% | 1.56x | 4.36x | €3.50 Million |
| 2021 | 8.49% | 1.96% | 1.22x | 3.54x | €-1.75 Million |
| 2022 | 13.13% | 2.26% | 1.71x | 3.39x | €4.30 Million |
| 2023 | 9.47% | 1.69% | 1.64x | 3.41x | €-814.80K |
| 2024 | 10.81% | 1.72% | 1.85x | 3.40x | €1.34 Million |
| 2025 | 12.62% | 2.22% | 1.91x | 2.97x | €4.86 Million |
Industry Comparison
This section compares Freelance.Com's net assets metrics with peer companies in the Staffing & Employment Services industry.
Industry Context
- Industry: Staffing & Employment Services
- Average net assets among peers: $78,089,747
- Average return on equity (ROE) among peers: 12.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Freelance.Com (ALFRE) | €185.50 Million | 0.00% | 1.96x | $122.03 Million |
| DLSI (ALDLS) | $17.00 Million | 17.82% | 2.89x | $23.24 Million |
| Mare Nostrum (ALMAR) | $12.13 Million | -4.42% | 5.64x | $3.62 Million |
| Groupe CRIT SA (CEN) | $117.00 Million | 21.87% | 3.71x | $594.00 Million |
| Synergie SE (SDG) | $166.22 Million | 13.60% | 1.71x | $663.93 Million |
About Freelance.Com
Freelance.com SA provides intermediation between companies and intellectual service providers in France, Germany, Morocco, Luxembourg, Switzerland, and Singapore. The company offers talent as a service, expertise sourcing, project management, commercial portage, salary portage and training platform. Freelance.com SA was incorporated in 1992 and is based in Paris, France. Freelance.com SA is a sub… Read more