Mare Nostrum
Mare Nostrum SA provides human resources management services worldwide. It offers temporary work, recruitment, and training services, as well as wage portage and professional mobility services. Mare Nostrum SA was incorporated in 2004 and is headquartered in Grenoble, France.
Mare Nostrum (ALMAR) - Net Assets
Latest net assets as of June 2025: €-18.03 Million EUR
Based on the latest financial reports, Mare Nostrum (ALMAR) has net assets worth €-18.03 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€61.97 Million) and total liabilities (€80.01 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 | €-18.03 Million |
| % of Total Assets | -29.1% |
| Annual Growth Rate | N/A |
| 5-Year Change | -202.74% |
| 10-Year Change | N/A |
| Growth Volatility | 131.33 |
Mare Nostrum - Net Assets Trend (2016–2024)
This chart illustrates how Mare Nostrum's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mare Nostrum (2016–2024)
The table below shows the annual net assets of Mare Nostrum from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €-12.80 Million | -424.28% |
| 2023-12-31 | €-2.44 Million | -124.85% |
| 2022-12-31 | €9.83 Million | -19.02% |
| 2021-12-31 | €12.13 Million | -2.62% |
| 2020-12-31 | €12.46 Million | -36.06% |
| 2019-12-31 | €19.49 Million | +148.62% |
| 2018-12-31 | €7.84 Million | +25.52% |
| 2017-12-31 | €6.25 Million | +305.52% |
| 2016-12-31 | €1.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mare Nostrum'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 2513.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €757.00K | % |
| Other Comprehensive Income | €-10.10 Million | % |
| Other Components | €12.30 Million | % |
| Total Equity | €-13.40 Million | 100.00% |
Mare Nostrum Competitors by Market Cap
The table below lists competitors of Mare Nostrum ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Harvest Oil & Gas Corp
PINK:HRST
|
$961.42K |
|
Tiphone Mobile Indonesia Tbk
JK:TELE
|
$961.51K |
|
CoBank ACB
PINK:CKNQP
|
$963.09K |
|
Firestone Ventures Inc
PINK:FSVEF
|
$963.10K |
|
Norra Metals Corp
PINK:NRRMF
|
$961.07K |
|
New Tech Capital S.A.
WAR:NTC
|
$960.78K |
|
MMAG Holdings Bhd
KLSE:0034
|
$960.62K |
|
Weizmann Limited
NSE:WEIZMANIND
|
$959.76K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mare Nostrum's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -3,478,000 to -13,405,000, a change of -9,927,000.
- Net loss of 9,949,000 reduced equity.
- Other comprehensive income decreased equity by 5,286,000.
- Other factors increased equity by 5,308,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-9.95 Million | -74.22% |
| Other Comprehensive Income | €-5.29 Million | -39.43% |
| Other Changes | €5.31 Million | +39.6% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares Mare Nostrum'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | €0.08 | €0.53 | x |
| 2017-12-31 | €0.77 | €0.53 | x |
| 2018-12-31 | €1.01 | €0.53 | x |
| 2019-12-31 | €2.83 | €0.53 | x |
| 2020-12-31 | €1.47 | €0.53 | x |
| 2021-12-31 | €1.43 | €0.53 | x |
| 2022-12-31 | €1.12 | €0.53 | x |
| 2023-12-31 | €-0.46 | €0.53 | x |
| 2024-12-31 | €-1.85 | €0.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mare Nostrum 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.25%
- • Asset Turnover: 1.88x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (28.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 206.20% | 1.35% | 3.09x | 49.43x | €1.14 Million |
| 2017 | 97.89% | 3.65% | 2.88x | 9.33x | €3.58 Million |
| 2018 | 36.62% | 1.22% | 2.56x | 11.77x | €1.32 Million |
| 2019 | 1.69% | 0.18% | 2.11x | 4.44x | €-1.47 Million |
| 2020 | -50.21% | -4.53% | 1.60x | 6.91x | €-6.70 Million |
| 2021 | -5.11% | -0.34% | 1.93x | 7.68x | €-1.58 Million |
| 2022 | -26.16% | -1.23% | 2.02x | 10.50x | €-2.93 Million |
| 2023 | 0.00% | -6.91% | 2.26x | 0.00x | €-11.38 Million |
| 2024 | 0.00% | -8.25% | 1.88x | 0.00x | €-8.61 Million |
Industry Comparison
This section compares Mare Nostrum's net assets metrics with peer companies in the Staffing & Employment Services industry.
Industry Context
- Industry: Staffing & Employment Services
- Average net assets among peers: $188,515,511
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mare Nostrum (ALMAR) | €-18.03 Million | 206.20% | N/A | $961.23K |
| DLSI (ALDLS) | $41.51 Million | 16.98% | 1.64x | $9.43 Million |
| Freelance.Com (ALFRE) | $48.92 Million | 16.92% | 3.25x | $20.19 Million |
| Groupe CRIT SA (CEN) | $751.95 Million | 9.71% | 1.21x | $22.30 Million |
| Umalis Group (MLUMG) | $547.02K | -9.52% | 9.79x | $27.58K |
| Synergie SE (SDG) | $99.64 Million | 16.87% | 1.95x | $166.64 Million |