24SevenOffice Scandinavia AB
Done.ai Group AB provides cloud-based AI"accounting/enterprise resource planning platform to automate business administration and allow for data driven decision making for small, medium, and large companies in Norway, Sweden, rest of Europe, Canada, and internationally. The company was formerly known as 24SevenOffice Group AB (publ) and changed its name to Done.ai Group AB in April 2025. Done.ai … Read more
24SevenOffice Scandinavia AB (247) - Net Assets
Latest net assets as of March 2025: Skr1.44 Billion SEK
Based on the latest financial reports, 24SevenOffice Scandinavia AB (247) has net assets worth Skr1.44 Billion SEK as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr1.55 Billion) and total liabilities (Skr109.79 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 | Skr1.44 Billion |
| % of Total Assets | 92.91% |
| Annual Growth Rate | 92.53% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1480.89 |
24SevenOffice Scandinavia AB - Net Assets Trend (2020–2024)
This chart illustrates how 24SevenOffice Scandinavia AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for 24SevenOffice Scandinavia AB (2020–2024)
The table below shows the annual net assets of 24SevenOffice Scandinavia AB from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr1.92 Billion | +3436.40% |
| 2023-12-31 | Skr54.20 Million | -75.90% |
| 2022-12-31 | Skr224.91 Million | -45.75% |
| 2021-12-31 | Skr414.56 Million | +197.18% |
| 2020-12-31 | Skr139.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to 24SevenOffice Scandinavia AB'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Skr1.92 Billion | 100.00% |
| Total Equity | Skr1.92 Billion | 100.00% |
24SevenOffice Scandinavia AB Competitors by Market Cap
The table below lists competitors of 24SevenOffice Scandinavia AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hung Thinh Incons JSC
VN:HTN
|
$11.74 Million |
|
Coal Energy S.A.
WAR:CLE
|
$11.75 Million |
|
Inch Kenneth Kajang Rubber PLC
KLSE:2607
|
$11.75 Million |
|
Summit
TA:SMT
|
$11.75 Million |
|
Lipidor Ab
ST:LIPI
|
$11.74 Million |
|
Workhorse Group Inc
NASDAQ:WKHS
|
$11.74 Million |
|
Soligenix Inc.
NASDAQ:SNGX
|
$11.73 Million |
|
Luo Lih Fen Holding Co Ltd
TW:6666
|
$11.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 24SevenOffice Scandinavia AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,320,000 to 1,920,305,000, a change of 1,871,985,000 (3874.1%).
- Net income of 1,898,279,000 contributed positively to equity growth.
- Other factors decreased equity by 26,294,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr1.90 Billion | +98.85% |
| Other Changes | Skr-26.29 Million | -1.37% |
| Total Change | Skr- | 3874.14% |
Book Value vs Market Value Analysis
This analysis compares 24SevenOffice Scandinavia AB'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: 0.33x
- 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 4.12x to 0.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | Skr2.26 | Skr9.29 | x |
| 2021-12-31 | Skr5.85 | Skr9.29 | x |
| 2022-12-31 | Skr3.13 | Skr9.29 | x |
| 2023-12-31 | Skr0.71 | Skr9.29 | x |
| 2024-12-31 | Skr28.26 | Skr9.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 24SevenOffice Scandinavia AB 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): 98.85%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 459.43%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.20x
- Recent ROE (98.85%) is above the historical average (-70.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 1.43% | 1.15% | 0.37x | 3.36x | Skr-11.65 Million |
| 2021 | -18.57% | -35.00% | 0.27x | 1.97x | Skr-113.60 Million |
| 2022 | -97.77% | -80.97% | 0.41x | 2.94x | Skr-229.55 Million |
| 2023 | -337.21% | -49.78% | 0.70x | 9.62x | Skr-167.77 Million |
| 2024 | 98.85% | 459.43% | 0.18x | 1.20x | Skr1.71 Billion |
Industry Comparison
This section compares 24SevenOffice Scandinavia AB's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $136,395,678
- Average return on equity (ROE) among peers: -54.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 24SevenOffice Scandinavia AB (247) | Skr1.44 Billion | 1.43% | 0.08x | $11.74 Million |
| eEducation Albert AB (ALBERT) | $239.38 Million | -40.80% | 0.27x | $4.78 Million |
| AppSpotr AB (APTR) | $7.62 Million | -225.11% | 0.24x | $2.58 Million |
| Better Collective (BETCO) | $344.85 Million | 5.01% | 0.73x | $400.33 Million |
| BIMobject AB (BIM) | $128.73 Million | -40.02% | 0.44x | $36.56 Million |
| Bambuser AB (BUSER) | $209.16 Million | -53.39% | 0.25x | $9.62 Million |
| CodeMill AB (CDMIL) | $48.59 Million | -28.16% | 0.71x | $7.82 Million |
| Crunchfish AB (CFISH) | $52.26 Million | -94.34% | 0.18x | $12.33 Million |
| ChargePanel AB (CHARGE) | $-3.94 Million | 0.00% | 0.00x | $3.05 Million |
| Checkin.com Group AB (CHECK) | $200.90 Million | -9.37% | 0.14x | $1.07 Million |