Advenica AB
Advenica AB (publ) develops and sells security solutions for defense and authority, and business customers in Sweden, Finland, and internationally. The company offers cross domain solutions, including SecuriCDS Data Diode, which allows unidirectional information exchange between networks; ZoneGuard, a gateway for controlling two-way filtered information flow supporting third party control for enf… Read more
Advenica AB (ADVE) - Net Assets
Latest net assets as of September 2025: Skr114.64 Million SEK
Based on the latest financial reports, Advenica AB (ADVE) has net assets worth Skr114.64 Million SEK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr196.76 Million) and total liabilities (Skr82.12 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 | Skr114.64 Million |
| % of Total Assets | 58.26% |
| Annual Growth Rate | 8.1% |
| 5-Year Change | 233.39% |
| 10-Year Change | 5.62% |
| Growth Volatility | 56.32 |
Advenica AB - Net Assets Trend (2011–2024)
This chart illustrates how Advenica 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 Advenica AB (2011–2024)
The table below shows the annual net assets of Advenica AB from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr101.61 Million | +8.40% |
| 2023-12-31 | Skr93.73 Million | -4.15% |
| 2022-12-31 | Skr97.79 Million | +147.13% |
| 2021-12-31 | Skr39.57 Million | +29.84% |
| 2020-12-31 | Skr30.48 Million | +19.46% |
| 2019-12-31 | Skr25.51 Million | -42.84% |
| 2018-12-31 | Skr44.63 Million | -51.81% |
| 2017-12-31 | Skr92.61 Million | +18.28% |
| 2016-12-31 | Skr78.30 Million | -18.60% |
| 2015-12-31 | Skr96.20 Million | -2.94% |
| 2014-12-31 | Skr99.11 Million | +133.08% |
| 2013-12-31 | Skr42.52 Million | +11.19% |
| 2012-12-31 | Skr38.24 Million | +3.57% |
| 2011-12-31 | Skr36.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Advenica 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 597.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr5.50 Million | 5.41% |
| Other Comprehensive Income | Skr-429.00K | -0.42% |
| Other Components | Skr257.59 Million | 253.51% |
| Total Equity | Skr101.61 Million | 100.00% |
Advenica AB Competitors by Market Cap
The table below lists competitors of Advenica AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Telescope Innovations Corp.
PINK:TELIF
|
$21.14 Million |
|
Aligned Genetics Inc
KQ:238120
|
$21.15 Million |
|
Atara Biotherapeutics Inc
NASDAQ:ATRA
|
$21.16 Million |
|
ES SUNLOGY BERHAD
KLSE:0345
|
$21.16 Million |
|
01 Quantum Inc.
F:DFK0
|
$21.13 Million |
|
Bexil Cp
PINK:BXLC
|
$21.12 Million |
|
Sand Nisko Capital Bhd
KLSE:7943
|
$21.12 Million |
|
Frontier Energy Limited
OTCQB:FRHYF
|
$21.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Advenica AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 93,731,000 to 101,608,000, a change of 7,877,000 (8.4%).
- Net income of 8,049,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 173,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr8.05 Million | +7.92% |
| Other Comprehensive Income | Skr-173.00K | -0.17% |
| Other Changes | Skr1.00K | +0.0% |
| Total Change | Skr- | 8.40% |
Book Value vs Market Value Analysis
This analysis compares Advenica 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: 6.19x
- 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 4.45x to 6.19x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | Skr3.22 | Skr14.30 | x |
| 2012-12-31 | Skr3.33 | Skr14.30 | x |
| 2013-12-31 | Skr3.70 | Skr14.30 | x |
| 2014-12-31 | Skr6.61 | Skr14.30 | x |
| 2015-12-31 | Skr6.42 | Skr14.30 | x |
| 2016-12-31 | Skr5.41 | Skr14.30 | x |
| 2017-12-31 | Skr5.59 | Skr14.30 | x |
| 2018-12-31 | Skr2.47 | Skr14.30 | x |
| 2019-12-31 | Skr1.01 | Skr14.30 | x |
| 2020-12-31 | Skr0.90 | Skr14.30 | x |
| 2021-12-31 | Skr1.06 | Skr14.30 | x |
| 2022-12-31 | Skr2.43 | Skr14.30 | x |
| 2023-12-31 | Skr2.13 | Skr14.30 | x |
| 2024-12-31 | Skr2.31 | Skr14.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Advenica 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): 7.92%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.96%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 2.22x
- Recent ROE (7.92%) is above the historical average (-31.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 30.91% | 15.97% | 0.91x | 2.13x | Skr7.72 Million |
| 2012 | -6.61% | -5.91% | 0.76x | 1.47x | Skr-6.35 Million |
| 2013 | -13.37% | -18.90% | 0.46x | 1.53x | Skr-9.94 Million |
| 2014 | -9.84% | -25.67% | 0.33x | 1.15x | Skr-19.66 Million |
| 2015 | -3.05% | -5.47% | 0.46x | 1.21x | Skr-12.55 Million |
| 2016 | -22.83% | -33.34% | 0.55x | 1.24x | Skr-25.71 Million |
| 2017 | -28.93% | -42.90% | 0.52x | 1.30x | Skr-36.05 Million |
| 2018 | -107.45% | -80.89% | 0.72x | 1.85x | Skr-52.42 Million |
| 2019 | -168.63% | -56.96% | 0.94x | 3.15x | Skr-45.57 Million |
| 2020 | -65.60% | -23.70% | 0.84x | 3.29x | Skr-23.04 Million |
| 2021 | -44.11% | -17.24% | 0.80x | 3.21x | Skr-21.41 Million |
| 2022 | -2.03% | -1.68% | 0.66x | 1.83x | Skr-11.77 Million |
| 2023 | -4.39% | -2.76% | 0.81x | 1.96x | Skr-13.49 Million |
| 2024 | 7.92% | 4.96% | 0.72x | 2.22x | Skr-2.11 Million |
Industry Comparison
This section compares Advenica AB's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $290,821,480
- Average return on equity (ROE) among peers: -21.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advenica AB (ADVE) | Skr114.64 Million | 30.91% | 0.72x | $21.13 Million |
| 4C Group AB (4C) | $226.50 Million | -4.12% | 0.71x | $16.03 Million |
| Alpcot Holding AB Series B (ALPCOT-B) | $17.73 Million | -72.26% | 1.28x | $5.07 Million |
| Binero Group AB (BINERO) | $234.78 Million | -14.48% | 0.70x | $19.75 Million |
| Clavister Holding AB (publ.) (CLAV) | $208.38 Million | -26.49% | 0.33x | $102.59 Million |
| Cyber Security 1 AB (CYB1) | $-2.54 Million | 0.00% | 0.00x | $842.59K |
| Enea AB (ENEA) | $1.85 Billion | 7.73% | 0.37x | $59.63 Million |
| Freja eID Group AB (FREJA) | $38.76 Million | -75.82% | 1.19x | $13.95 Million |
| Sonetel AB (SONE) | $20.77 Million | -10.62% | 0.95x | $1.08 Million |
| West International AB (WPAY) | $21.83 Million | 5.75% | 0.73x | $9.16 Million |