Addnode Group AB (publ)
Addnode Group AB (publ) offers software and services for the design, construction, product data information, project collaboration, and facility management in Sweden, Nordic countries, the United States, the United Kingdom, Germany, and internationally. It operates through three divisions: Design Management, Product Lifecycle Management (PLM), and Process Management. The Design Management divisio… Read more
Addnode Group AB (publ) (ANOD-B) - Net Assets
Latest net assets as of December 2025: Skr2.73 Billion SEK
Based on the latest financial reports, Addnode Group AB (publ) (ANOD-B) has net assets worth Skr2.73 Billion SEK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr9.80 Billion) and total liabilities (Skr7.07 Billion). 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 | Skr2.73 Billion |
| % of Total Assets | 27.89% |
| Annual Growth Rate | 9.06% |
| 5-Year Change | 61.43% |
| 10-Year Change | 183.31% |
| Growth Volatility | 8.75 |
Addnode Group AB (publ) - Net Assets Trend (2006–2025)
This chart illustrates how Addnode Group AB (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Addnode Group AB (publ) (2006–2025)
The table below shows the annual net assets of Addnode Group AB (publ) from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr2.73 Billion | +11.19% |
| 2024-12-31 | Skr2.46 Billion | +16.16% |
| 2023-12-31 | Skr2.12 Billion | +5.54% |
| 2022-12-31 | Skr2.00 Billion | +18.43% |
| 2021-12-31 | Skr1.69 Billion | +11.97% |
| 2020-12-31 | Skr1.51 Billion | +7.23% |
| 2019-12-31 | Skr1.41 Billion | +5.30% |
| 2018-12-31 | Skr1.34 Billion | +36.28% |
| 2017-12-31 | Skr982.51 Million | +1.85% |
| 2016-12-31 | Skr964.66 Million | +5.24% |
| 2015-12-31 | Skr916.64 Million | +5.04% |
| 2014-12-31 | Skr872.67 Million | +4.57% |
| 2013-12-31 | Skr834.50 Million | +5.12% |
| 2012-12-31 | Skr793.83 Million | +2.72% |
| 2011-12-31 | Skr772.80 Million | +8.11% |
| 2010-12-31 | Skr714.80 Million | +19.02% |
| 2009-12-31 | Skr600.56 Million | +2.07% |
| 2008-12-31 | Skr588.40 Million | +16.58% |
| 2007-12-31 | Skr504.70 Million | -4.03% |
| 2006-12-31 | Skr525.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Addnode Group AB (publ)'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 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr410.00 Million | 15.00% |
| Other Components | Skr2.32 Billion | 85.00% |
| Total Equity | Skr2.73 Billion | 100.00% |
Addnode Group AB (publ) Competitors by Market Cap
The table below lists competitors of Addnode Group AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mullen Group Ltd
PINK:MLLGF
|
$744.68 Million |
|
Zenas BioPharma, Inc. Common Stock
NASDAQ:ZBIO
|
$745.09 Million |
|
Mimasu Semiconductor Industry Co. Ltd
MU:MU2
|
$745.20 Million |
|
Zhejiang Wanliyang Transmission Co Ltd
SHE:002434
|
$745.30 Million |
|
Jiangsu Chengxing Phosph-Chemical Co Ltd
SHG:600078
|
$744.47 Million |
|
BKI Investment Company Ltd
AU:BKI
|
$744.43 Million |
|
Harvia Oyj
PINK:HRVFF
|
$744.34 Million |
|
H2O Retailing Corporation
PINK:HTOCF
|
$744.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Addnode Group AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,458,000,000 to 2,733,000,000, a change of 275,000,000 (11.2%).
- Net income of 384,000,000 contributed positively to equity growth.
- Dividend payments of 154,000,000 reduced retained earnings.
- New share issuances of 11,000,000 increased equity.
- Other comprehensive income decreased equity by 114,000,000.
- Other factors increased equity by 148,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr384.00 Million | +14.05% |
| Dividends Paid | Skr154.00 Million | -5.63% |
| Share Issuances | Skr11.00 Million | +0.4% |
| Other Comprehensive Income | Skr-114.00 Million | -4.17% |
| Other Changes | Skr148.00 Million | +5.42% |
| Total Change | Skr- | 11.19% |
Book Value vs Market Value Analysis
This analysis compares Addnode Group AB (publ)'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: 3.28x
- 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 decreased from 11.40x to 3.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | Skr5.87 | Skr66.90 | x |
| 2007-12-31 | Skr5.63 | Skr66.90 | x |
| 2008-12-31 | Skr6.68 | Skr66.90 | x |
| 2009-12-31 | Skr6.36 | Skr66.90 | x |
| 2010-12-31 | Skr6.35 | Skr66.90 | x |
| 2011-12-31 | Skr6.86 | Skr66.90 | x |
| 2012-12-31 | Skr7.01 | Skr66.90 | x |
| 2013-12-31 | Skr7.25 | Skr66.90 | x |
| 2014-12-31 | Skr7.37 | Skr66.90 | x |
| 2015-12-31 | Skr7.63 | Skr66.90 | x |
| 2016-12-31 | Skr7.93 | Skr66.90 | x |
| 2017-12-31 | Skr8.07 | Skr66.90 | x |
| 2018-12-31 | Skr10.45 | Skr66.90 | x |
| 2019-12-31 | Skr10.55 | Skr66.90 | x |
| 2020-12-31 | Skr11.31 | Skr66.90 | x |
| 2021-12-31 | Skr12.62 | Skr66.90 | x |
| 2022-12-31 | Skr15.00 | Skr66.90 | x |
| 2023-12-31 | Skr15.86 | Skr66.90 | x |
| 2024-12-31 | Skr18.43 | Skr66.90 | x |
| 2025-12-31 | Skr20.40 | Skr66.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Addnode Group AB (publ) 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): 14.05%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.63%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 3.59x
- Recent ROE (14.05%) is above the historical average (11.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 19.49% | 16.30% | 0.75x | 1.60x | Skr49.91 Million |
| 2007 | 9.02% | 5.72% | 0.92x | 1.70x | Skr-4.97 Million |
| 2008 | 15.64% | 8.97% | 1.05x | 1.65x | Skr33.16 Million |
| 2009 | 7.12% | 4.32% | 1.09x | 1.52x | Skr-17.31 Million |
| 2010 | 7.16% | 4.83% | 0.92x | 1.61x | Skr-20.28 Million |
| 2011 | 13.70% | 8.14% | 1.08x | 1.56x | Skr28.62 Million |
| 2012 | 10.91% | 6.33% | 1.02x | 1.69x | Skr7.19 Million |
| 2013 | 7.54% | 4.36% | 0.94x | 1.85x | Skr-20.52 Million |
| 2014 | 11.48% | 6.27% | 1.03x | 1.78x | Skr12.93 Million |
| 2015 | 10.42% | 5.02% | 1.01x | 2.06x | Skr3.82 Million |
| 2016 | 8.53% | 3.75% | 1.11x | 2.06x | Skr-14.13 Million |
| 2017 | 9.11% | 3.55% | 0.96x | 2.67x | Skr-8.70 Million |
| 2018 | 11.35% | 5.17% | 0.96x | 2.30x | Skr18.10 Million |
| 2019 | 9.15% | 3.76% | 1.08x | 2.25x | Skr-12.00 Million |
| 2020 | 10.78% | 4.28% | 1.00x | 2.53x | Skr11.80 Million |
| 2021 | 13.17% | 5.47% | 0.94x | 2.55x | Skr53.70 Million |
| 2022 | 19.05% | 6.14% | 1.00x | 3.09x | Skr181.50 Million |
| 2023 | 13.19% | 3.76% | 1.03x | 3.40x | Skr67.40 Million |
| 2024 | 16.35% | 5.18% | 0.90x | 3.49x | Skr156.20 Million |
| 2025 | 14.05% | 6.63% | 0.59x | 3.59x | Skr110.70 Million |
Industry Comparison
This section compares Addnode Group AB (publ)'s net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $124,345,000
- Average return on equity (ROE) among peers: 2.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Addnode Group AB (publ) (ANOD-B) | Skr2.73 Billion | 19.49% | 2.59x | $744.57 Million |
| Avensia publ AB (AVEN) | $59.26 Million | 1.89% | 1.82x | $5.95 Million |
| B3 Consulting Group AB (B3) | $262.20 Million | 31.77% | 2.38x | $15.78 Million |
| CAG Group AB (publ) (CAG) | $192.20 Million | 14.15% | 0.86x | $41.51 Million |
| CombinedX AB (CX) | $226.90 Million | 21.73% | 0.88x | $27.96 Million |
| Exsitec Holding AB (EXS) | $98.59 Million | -7.53% | 0.99x | $66.59 Million |
| Fram Skandinavien AB Series B (FRAM-B) | $38.35 Million | -49.20% | 0.17x | $456.08K |
| Godsinlosen Nordic AB (GIAB) | $-13.40 Million | 0.00% | 0.00x | $143.79K |
| Know IT AB (KNOW) | $167.89 Million | 0.00% | 1.76x | $193.78 Million |
| Novotek AB (NTEK-B) | $87.10 Million | 13.40% | 0.52x | $37.16 Million |